A
0.95
+11.75%
Close of 9 Nov 2026, in USD
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At a glance
Figures in USD, from our data supplier.
Revenue
$25.8m
FY2017FY2026
Net income
−$17.6m
FY2017FY2026
Free cash flow
−$20.9m
FY2017FY2026
Shareholders' equity
$170.6m
FY2017FY2026
Income statement
Fiscal years
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $25.8m | $12.8m | $5.2m | $9.9m | $16.1m | $10.8m | $686,179 | — | $13,240 | $14,700 |
| Gross profit | −$1.2m | $9.8m | $4.0m | $2.8m | $4.2m | $3.1m | −$4.4m | −$2,600 | $13,240 | $14,700 |
| Research and development | — | — | — | $65,164 | $736,141 | $339,385 | $179,982 | — | — | — |
| Operating income | −$10.6m | $6.6m | $3.9m | −$65.9m | −$46.7m | −$3.7m | −$6.9m | −$28,289 | −$7,780 | $3,792 |
| Net income | −$17.6m | $3.5m | $2.6m | −$71.2m | −$51.8m | −$18.6m | −$9.2m | −$28,289 | −$7,780 | $3,792 |
| Diluted earnings per share | -333.22 | 67.14 | 0.45 | -16.99 | -3,137.80 | -3,646.03 | -2,796.29 | -9.43 | -2.59 | 1.26 |
Balance sheet
At each fiscal year end
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | $210.4m | $32.9m | $21.6m | $7.1m | $74.9m | $5.7m | $1.4m | $5,123 | $26,511 | $19,365 |
| Cash and short-term investments | $12.8m | $1.4m | $16.7m | $202,095 | $665,002 | $928,796 | $79,847 | $1,994 | $20,782 | $15,970 |
| Total liabilities | $39.8m | $6.5m | $12.0m | $25.7m | $42.4m | $24.1m | $6.4m | $11,314 | $3,213 | $6,987 |
| Debt | — | $777,894 | $2.7m | $3.4m | $17.0m | $6.2m | $4.1m | $10,114 | $1,114 | $1,114 |
| Shareholders' equity | $170.6m | $25.3m | $9.6m | −$18.6m | $32.5m | −$18.5m | −$5.0m | −$6,191 | $23,298 | $12,378 |
| Shares outstanding | 0m | 0m | 6m | 4m | 0m | 0m | 0m | 0m | 0m | 0m |
Cash flow
Fiscal years
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | −$20.9m | −$379,384 | $2.5m | −$6.4m | −$12.4m | −$4.5m | −$4.2m | −$27,788 | −$9,088 | $9,270 |
| Capital spending | — | — | −$3 | — | — | −$3 | −$4 | — | −$4,800 | −$3,000 |
| Free cash flow | −$20.9m | −$379,384 | $2.5m | −$6.4m | −$12.4m | −$4.5m | −$4.2m | −$27,788 | −$13,888 | $6,270 |
| Dividends paid | — | — | — | — | — | — | −$332,239 | −$332,239 | — | — |
Latest quarters
By quarter end
| Jul 2026 | Jan 2026 | Oct 2025 | Jul 2025 | Apr 2025 | Jan 2025 | Oct 2024 | Jul 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $21.2m | $7.0m | $3.0m | $3.0m | $3.0m | $3.3m | $3.3m | $3.3m |
| Gross profit | $5.6m | $391,308 | $2.3m | $2.3m | $2.3m | $2.5m | $2.5m | $2.5m |
| Operating income | −$296,766 | −$1.6m | $54,684 | $1.5m | $1.3m | $530,291 | $2.3m | $2.4m |
| Net income | −$507,193 | −$1.6m | $156,505 | $882,652 | $10,389 | −$411,209 | $1.9m | $2.1m |
| Diluted earnings per share | -9.62 | -30.65 | 3.01 | 16.97 | 0.20 | -7.91 | 0.32 | 0.35 |
| Cash from operations | $27.0m | $35.0m | −$30.0m | −$1.0m | — | — | — | — |
| Total assets | $257.9m | $199.9m | $172.1m | $34.7m | $32.9m | $30.7m | $21.6m | $23.2m |
| Cash and short-term investments | $11.1m | $37.0m | $107.0m | $2.5m | — | $4.3m | $18.1m | $18.2m |
| Debt | — | — | — | $780,282 | — | — | $2.7m | $2.7m |
| Shareholders' equity | $170.1m | $187.5m | $165.4m | $26.2m | $25.3m | $26.1m | $8.0m | $9.4m |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 37.5% | 19.0% | — |
| Operating income | -45.6% | 23.3% | 158.0% |
| Net income | -37.3% | -1.1% | 171.3% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 22.5% | 28.8% | 28.3% | — |
| Operating margin | -10.5% | -122.9% | -144.5% | — |
| Net margin | -36.4% | -153.7% | -189.7% | — |
Valuation history
At each fiscal year end
| FY2025 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|
| Price to earnings | 5.7 | -424.7 | -106.0 | -1943.6 |
| Price to sales | 1.6 | — | 341.0 | — |
Share price return
Finished calendar years
| 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|
| Return | -92% | -6% | -97% | -96% | 108% |
Dividends and splits
Per share, in the currency the company pays
Paid for 0 years.
- 20-to-1 reverse split · 17 Aug 2026
- 40-to-1 reverse split · 18 May 2026
- 50-to-1 reverse split · 27 Oct 2025
- 20-to-1 reverse split · 27 Jun 2024
- 40-to-1 reverse split · 25 Sept 2023
- 10-to-1 reverse split · 15 Jun 2022
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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