A 
0.53
+32.77%
Close of 9 Nov 2026, in USD
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Reference data, closing prices and charts across 45,000 companies, plus crypto, commodities and currencies.
At a glance
Figures in USD, from our data supplier.
Revenue
$236.2m
FY2016FY2025
Net income
−$5.3m
FY2016FY2025
Free cash flow
$67.7m
FY2016FY2025
Shareholders' equity
$32.6m
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $236.2m | $160.2m | $194.6m | $292.5m | $213.6m | $295.3m | $335.0m | $207.7m | $178.0m | $1.5m |
| Research and development | $62.4m | $37.7m | $63.1m | $166.0m | $147.9m | $218.5m | $323.0m | $291.1m | $230.9m | $115.8m |
| Operating income | $23.5m | −$51.2m | −$45.9m | −$78.5m | −$265.3m | −$376.4m | −$286.3m | −$178.1m | −$79.9m | −$136.5m |
| Net income | −$5.3m | −$69.4m | −$51.9m | −$94.2m | −$244.9m | −$349.9m | −$279.7m | −$171.9m | −$76.9m | −$135.7m |
| Diluted earnings per share | -0.02 | -0.32 | -0.27 | -0.51 | -1.39 | -2.41 | -2.34 | -1.47 | -1.58 | -3.50 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | $376.6m | $220.7m | $241.7m | $356.1m | $529.3m | $644.1m | $771.2m | $996.5m | $364.2m | $300.2m |
| Cash and short-term investments | $184.8m | $51.9m | $42.9m | $90.5m | $149.8m | $269.1m | $148.0m | $321.6m | $317.8m | $260.3m |
| Total liabilities | $344.0m | $269.9m | $272.3m | $350.8m | $455.3m | $396.5m | $376.4m | $360.6m | $244.9m | $232.1m |
| Debt | $193.6m | $177.7m | $128.8m | $66.1m | $97.5m | $96.4m | $75.8m | $15.0m | — | — |
| Shareholders' equity | $32.6m | −$49.2m | −$30.6m | $5.2m | $74.0m | $247.6m | $394.8m | $635.9m | $119.3m | $68.1m |
| Shares outstanding | 265m | 219m | 190m | 184m | 176m | 145m | 119m | 117m | 49m | 39m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | $68.0m | −$40.7m | −$23.4m | −$73.2m | −$253.0m | −$110.4m | −$257.4m | −$97.5m | −$56.2m | $57.9m |
| Capital spending | −$291,000 | −$33,000 | — | −$114,000 | −$59,000 | −$317,000 | −$6.7m | −$1.6m | −$1.6m | −$2.7m |
| Free cash flow | $67.7m | −$40.7m | −$23.4m | −$73.3m | −$253.0m | −$110.7m | −$264.1m | −$99.1m | −$57.8m | $55.2m |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $49.1m | $53.5m | $57.6m | $58.8m | $62.5m | $57.3m | $46.5m | $37.4m |
| Operating income | −$5.8m | −$4.2m | −$8.6m | $4.4m | $7.1m | $13.9m | −$15.9m | −$13.4m |
| Net income | −$8.9m | −$9.1m | −$12.2m | $540,000 | $247,000 | $6.1m | −$22.8m | −$20.0m |
| Diluted earnings per share | -0.03 | -0.03 | -0.05 | 0.00 | 0.00 | 0.02 | -0.10 | -0.09 |
| Cash from operations | $3.0m | −$21.0m | $31.0m | $28.0m | $22.0m | −$13.0m | −$4.0m | −$6.0m |
| Capital spending | −$1.0m | — | — | — | — | — | — | — |
| Free cash flow | $2.0m | — | — | — | — | — | — | — |
| Total assets | $349.7m | $362.5m | $376.6m | $364.2m | $345.6m | $310.2m | $220.7m | $207.1m |
| Cash and short-term investments | $155.5m | $162.6m | $184.8m | $166.4m | $137.3m | $113.4m | $51.9m | $34.0m |
| Debt | $49.6m | $48.9m | $51.8m | $52.6m | $52.7m | $52.0m | $48.4m | $45.9m |
| Shareholders' equity | $25.0m | $27.4m | $32.6m | $41.6m | $29.2m | $24.6m | −$49.2m | −$50.4m |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | -6.9% | -4.4% | — |
| Net income | -61.6% | -56.7% | -21.6% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Operating margin | -7.0% | -17.2% | -57.0% | — |
| Net margin | -18.9% | -25.0% | -58.6% | — |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | -79.9 | -6.0 | -4.5 | -1.1 | -0.6 | -0.4 | -0.2 | -0.3 | -0.8 | -0.3 |
| Price to sales | 1.8 | 2.6 | 1.2 | 0.4 | 0.6 | 0.5 | 0.2 | 0.3 | 0.4 | 23.7 |
Share price return
Finished calendar years
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Return | -5% | 48% | 198% | -53% | -19% | 86% | 5% | -62% | 54% | -21% |
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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