A 
11.74
+1.12%
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
$213.6m
FY2016FY2025
Net income
−$38.8m
FY2016FY2025
Free cash flow
$6.7m
FY2016FY2025
Shareholders' equity
$459.3m
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $213.6m | $228.6m | $306.9m | $369.2m | $583.2m | $614.1m | $429.8m | $229.2m | $181.1m | $130.1m |
| Research and development | $19.8m | $20.9m | $22.2m | $30.4m | $29.3m | $39.0m | $34.4m | $55.9m | $47.2m | $50.0m |
| Operating income | −$13.9m | −$91.8m | −$56.6m | −$105.9m | $10.5m | −$19.7m | −$24.3m | −$108.6m | −$46.1m | −$57.9m |
| Net income | −$38.8m | −$82.2m | −$59.1m | −$105.8m | $7.7m | −$18.0m | −$22.6m | −$116.4m | −$67.9m | −$86.3m |
| Diluted earnings per share | -1.87 | -4.00 | -2.89 | -5.27 | 0.38 | -0.90 | -1.32 | -7.41 | -4.76 | -6.41 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | $670.8m | $685.3m | $831.7m | $886.2m | $1.07bn | $966.0m | $882.2m | $385.7m | $161.6m | $167.0m |
| Cash and short-term investments | $302.8m | $294.2m | $320.7m | $309.4m | $454.1m | $500.9m | $644.6m | $249.2m | $73.6m | $98.3m |
| Total liabilities | $211.5m | $199.2m | $279.6m | $290.8m | $401.0m | $338.5m | $273.9m | $233.4m | $226.7m | $176.1m |
| Debt | — | — | — | — | — | — | $50.1m | $80.3m | $122.7m | $116.5m |
| Shareholders' equity | $459.3m | $486.2m | $552.1m | $595.3m | $667.1m | $627.5m | $608.3m | $152.3m | −$65.1m | −$9.1m |
| Shares outstanding | 21m | 21m | 20m | 20m | 20m | 20m | 17m | 16m | 14m | 13m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | $6.7m | −$31.0m | $6.9m | −$180.0m | −$66.5m | −$21.7m | −$9.4m | −$94.7m | −$32.8m | −$71.8m |
| Capital spending | — | −$2 | −$24,097 | −$2 | −$2 | −$252,000 | −$2.5m | −$58,000 | −$12,000 | −$21,000 |
| Free cash flow | $6.7m | −$31.0m | $6.9m | −$180.0m | −$66.5m | −$22.0m | −$11.8m | −$94.8m | −$32.8m | −$71.8m |
| Dividends paid | — | — | — | — | — | −$7.2m | −$2.2m | −$26.4m | — | — |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $42.2m | $45.1m | $49.1m | $49.7m | $72.7m | $42.0m | $62.3m | $42.3m |
| Operating income | −$12.0m | −$8.0m | −$2.3m | −$11.1m | −$16.0m | −$16.8m | −$52.5m | −$25.2m |
| Net income | −$7.7m | −$10.5m | −$1.2m | −$7.7m | −$14.1m | −$15.7m | −$48.6m | −$25.1m |
| Diluted earnings per share | -0.37 | -0.50 | -0.06 | -0.37 | -0.68 | -0.75 | -2.37 | -1.22 |
| Cash from operations | $40.0m | $6.0m | $15.0m | −$12.0m | $16.0m | −$12.0m | −$13.0m | −$2.0m |
| Capital spending | — | — | — | — | −$16.0m | −$12.0m | — | — |
| Free cash flow | — | — | — | — | $0 | −$24.0m | — | — |
| Total assets | $624.4m | $645.8m | $670.8m | $659.8m | $670.1m | $655.7m | $685.3m | $750.6m |
| Cash and short-term investments | $314.6m | $307.8m | $302.8m | $286.6m | $298.7m | $281.8m | $294.2m | $305.7m |
| Shareholders' equity | $443.6m | $449.4m | $459.3m | $458.9m | $464.9m | $473.7m | $486.2m | $531.4m |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | -16.7% | -19.0% | 10.1% |
| Operating income | -49.1% | -6.6% | -17.7% |
| Net income | -28.4% | 16.6% | -10.3% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Operating margin | -23.9% | -24.0% | -12.0% | -18.2% |
| Net margin | -27.4% | -25.6% | -12.8% | -20.9% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | -7.5 | -2.4 | -6.0 | -4.6 | 99.7 | -61.7 | -54.4 | -6.2 | -2.8 | -1.6 |
| Price to sales | 1.4 | 0.9 | 1.2 | 1.3 | 1.3 | 1.8 | 2.9 | 3.1 | 1.1 | 1.1 |
Share price return
Finished calendar years
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Return | 53% | -46% | -29% | -39% | -32% | -19% | 42% | 278% | 25% | 72% |
Dividends and splits
Per share, in the currency the company pays
Paid for 0 years.
- 20-to-1 reverse split · 11 Apr 2025
- 10-to-1 reverse split · 18 Jan 2008
- 10-to-1 reverse split · 19 Oct 1998
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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