A 
17.32
+3.71%
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
$343.2m
FY2019FY2025
Net income
−$88.5m
FY2019FY2025
Free cash flow
$28.2m
FY2019FY2025
Shareholders' equity
$245.3m
FY2019FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | |
|---|---|---|---|---|---|---|---|
| Revenue | $343.2m | $299.3m | $276.3m | $238.1m | $167.3m | $102.5m | $68.4m |
| Gross profit | $253.9m | $222.3m | $204.4m | $167.6m | $115.5m | $72.0m | $46.3m |
| Research and development | $97.6m | $97.6m | $90.1m | $80.6m | $48.3m | $26.1m | $19.0m |
| Operating income | −$96.0m | −$107.4m | −$94.4m | −$96.6m | −$74.1m | −$24.0m | −$34.3m |
| Net income | −$88.5m | −$94.3m | −$90.4m | −$93.4m | −$75.0m | −$24.6m | −$33.5m |
| Diluted earnings per share | -0.66 | -0.74 | -0.76 | -0.83 | -0.69 | -0.25 | -1.40 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | |
|---|---|---|---|---|---|---|---|
| Total assets | $420.7m | $445.9m | $433.7m | $413.8m | $400.4m | $175.1m | $113.2m |
| Cash and short-term investments | $192.0m | $241.1m | $322.4m | $230.5m | $307.4m | $117.8m | $79.8m |
| Total liabilities | $175.3m | $149.4m | $138.9m | $118.8m | $93.8m | $242.2m | $176.1m |
| Debt | $2.7m | — | — | — | — | — | — |
| Shareholders' equity | $245.3m | $296.6m | $294.8m | $295.0m | $306.5m | −$67.1m | −$62.9m |
| Shares outstanding | 134m | 128m | 119m | 113m | 108m | 99m | 24m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | |
|---|---|---|---|---|---|---|---|
| Cash from operations | $29.8m | $18.5m | $25.6m | −$5.4m | −$31.7m | −$10.4m | −$16.0m |
| Capital spending | −$1.6m | −$6.8m | −$3.2m | −$5.8m | −$3.2m | −$2.2m | −$648,000 |
| Free cash flow | $28.2m | $11.7m | $22.4m | −$11.2m | −$34.9m | −$12.6m | −$16.7m |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $100.9m | $93.5m | $91.4m | $88.6m | $83.3m | $80.0m | $78.1m | $75.2m |
| Gross profit | $69.1m | $68.3m | $68.2m | $65.5m | $60.5m | $59.7m | $58.3m | $56.5m |
| Operating income | −$35.2m | −$24.1m | −$19.1m | −$25.7m | −$27.1m | −$24.2m | −$35.5m | −$20.0m |
| Net income | −$34.6m | −$23.3m | −$17.7m | −$24.0m | −$24.7m | −$22.2m | −$32.6m | −$16.9m |
| Diluted earnings per share | -0.27 | -0.18 | -0.13 | -0.18 | -0.18 | -0.17 | -0.26 | -0.13 |
| Cash from operations | $25.0m | −$11.0m | $12.0m | $4.0m | $20.0m | −$8.0m | $3.0m | $6.0m |
| Capital spending | −$1.0m | — | — | −$1.0m | −$1.0m | −$1.0m | −$1.0m | −$1.0m |
| Free cash flow | $24.0m | — | — | $3.0m | $19.0m | −$9.0m | $2.0m | $5.0m |
| Total assets | $356.6m | $401.7m | $420.7m | $438.1m | $456.6m | $445.8m | $445.9m | $445.6m |
| Cash and short-term investments | $140.5m | $181.9m | $192.0m | $189.2m | $208.1m | $209.0m | $241.1m | $319.9m |
| Debt | — | $3.6m | $2.7m | $2.0m | $2.6m | $3.3m | $3.8m | $4.1m |
| Shareholders' equity | $136.2m | $217.3m | $245.3m | $262.2m | $279.5m | $289.5m | $296.6m | $290.0m |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 13.0% | 27.3% | — |
| Operating income | -0.2% | 31.9% | — |
| Net income | -1.8% | 29.2% | — |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 74.1% | 73.3% | 72.6% | — |
| Operating margin | -31.7% | -34.1% | -34.5% | — |
| Net margin | -28.5% | -31.7% | -32.7% | — |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|
| Price to earnings | -17.5 | -14.3 | -16.8 | -14.6 | -31.3 |
| Price to sales | 4.5 | 4.5 | 5.5 | 5.7 | 14.0 |
Share price return
Finished calendar years
| 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|
| Return | 7% | -15% | 8% | -42% | -6% |
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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