A 
12.46
+4.62%
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
$249.3m
FY2018FY2025
Net income
−$95.7m
FY2018FY2025
Free cash flow
−$66.0m
FY2018FY2025
Shareholders' equity
$235.6m
FY2018FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $249.3m | $254.4m | $259.0m | $277.2m | $252.8m | $245.3m | $148.9m | $114.0m |
| Gross profit | $132.9m | $99.0m | $94.8m | $116.8m | $104.3m | $88.5m | $68.9m | $55.3m |
| Research and development | $72.9m | $86.1m | $105.8m | $138.5m | $106.6m | $84.4m | $53.9m | $36.3m |
| Operating income | −$105.3m | −$217.5m | −$692.1m | −$275.9m | −$179.1m | −$227.4m | −$94.7m | −$55.1m |
| Net income | −$95.7m | −$208.1m | −$675.2m | −$270.4m | −$176.3m | −$224.4m | −$87.2m | −$52.7m |
| Diluted earnings per share | -5.84 | -13.52 | -46.89 | -19.42 | -13.26 | -53.58 | -44.56 | -26.34 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | |
|---|---|---|---|---|---|---|---|---|
| Total assets | $323.8m | $436.0m | $589.7m | $1.22bn | $1.45bn | $1.38bn | $499.9m | $489.3m |
| Cash and short-term investments | $182.3m | $228.3m | $372.0m | $538.5m | $746.4m | $1.04bn | $177.6m | $256.2m |
| Total liabilities | $76.0m | $119.7m | $109.5m | $133.7m | $185.0m | $130.4m | $124.9m | $693.7m |
| Debt | $4.5m | $8.2m | $11.8m | $14.8m | $16.6m | $7.7m | $13.4m | $14.3m |
| Shareholders' equity | $235.6m | $304.8m | $464.2m | $1.06bn | $1.24bn | $1.22bn | $348.7m | $343.9m |
| Shares outstanding | 16m | 15m | 14m | 14m | 13m | 4m | 2m | 2m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | |
|---|---|---|---|---|---|---|---|---|
| Cash from operations | −$66.0m | −$127.3m | −$148.3m | −$192.3m | −$141.5m | −$112.5m | −$81.9m | −$74.0m |
| Capital spending | −$21,000 | −$15.2m | −$15.2m | −$10.4m | −$559,000 | −$3.3m | −$1.3m | −$1.9m |
| Free cash flow | −$66.0m | −$142.6m | −$163.6m | −$202.8m | −$142.1m | −$115.8m | −$83.2m | −$75.9m |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $52.0m | $54.9m | $55.3m | $56.3m | $70.9m | $66.8m | $71.0m | $61.0m |
| Gross profit | $27.6m | $20.4m | $28.3m | $29.5m | $39.8m | $35.3m | $34.4m | $22.7m |
| Operating income | −$9.6m | −$12.9m | −$25.4m | −$29.3m | −$20.4m | −$30.4m | −$42.8m | −$47.4m |
| Net income | −$9.9m | −$10.9m | −$24.9m | −$32.4m | −$19.7m | −$18.7m | −$42.7m | −$43.5m |
| Diluted earnings per share | -0.59 | -0.65 | -1.52 | -1.97 | -1.20 | -1.14 | -2.77 | -2.82 |
| Cash from operations | $10.0m | — | −$17.0m | −$18.0m | −$4.0m | −$25.0m | −$13.0m | −$32.0m |
| Capital spending | −$2.0m | — | — | — | — | — | −$2.0m | −$4.0m |
| Free cash flow | $8.0m | — | — | — | — | — | −$15.0m | −$36.0m |
| Total assets | $327.2m | $326.0m | $323.8m | $359.4m | $388.7m | $419.5m | $436.0m | $483.0m |
| Cash and short-term investments | $195.9m | $179.2m | $182.3m | $200.9m | $219.1m | $222.4m | $228.3m | $244.6m |
| Debt | $3.0m | $4.0m | $3.6m | $3.7m | $3.7m | $3.7m | $3.7m | $3.7m |
| Shareholders' equity | $221.2m | $227.3m | $235.6m | $254.9m | $282.6m | $294.0m | $304.8m | $336.7m |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | -3.5% | 0.3% | — |
| Operating income | -27.5% | -14.3% | — |
| Net income | -29.3% | -15.7% | — |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 46.0% | 42.6% | 41.4% | — |
| Operating margin | -64.1% | -124.1% | -110.4% | — |
| Net margin | -60.3% | -120.1% | -107.3% | — |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|
| Price to earnings | -0.8 | -0.5 | -0.6 | -2.9 | -9.1 | -9.4 |
| Price to sales | 0.3 | 0.4 | 1.7 | 2.8 | 6.4 | 8.7 |
Share price return
Finished calendar years
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
| Return | -40% | -73% | -54% | -49% | -78% | 18% |
Dividends and splits
Per share, in the currency the company pays
Paid for 0 years.
- 20-to-1 reverse split · 11 Jul 2024
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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