B 
12.39
-7.68%
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
$80.5m
FY2017FY2025
Net income
−$8.3m
FY2017FY2025
Free cash flow
−$5.0m
FY2017FY2025
Shareholders' equity
$79.9m
FY2017FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | $80.5m | $77.0m | $80.2m | $84.0m | $75.8m | $64.1m | $56.9m | $31.2m | $16.6m |
| Gross profit | $60.1m | $54.1m | $54.2m | $56.7m | $54.3m | $46.8m | $40.8m | $20.1m | $10.7m |
| Research and development | $24.8m | $34.7m | $51.8m | $62.9m | $54.9m | $39.4m | $23.4m | $15.7m | $7.3m |
| Operating income | −$8.2m | −$53.3m | −$99.9m | −$146.3m | −$118.9m | −$61.5m | −$25.2m | −$24.0m | −$18.1m |
| Net income | −$8.3m | −$51.7m | −$97.5m | −$144.9m | −$118.9m | −$60.8m | −$25.1m | −$26.5m | −$19.6m |
| Diluted earnings per share | -7.88 | -0.48 | -95.24 | -141.53 | -113.78 | -58.51 | -102.80 | -114.34 | -18.03 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|
| Total assets | $122.5m | $132.1m | $155.2m | $236.8m | $339.9m | $397.3m | $126.4m | $55.6m | $59.7m |
| Cash and short-term investments | $71.8m | $77.6m | $91.8m | $135.1m | $223.0m | $336.8m | $60.9m | $19.4m | $28.3m |
| Total liabilities | $42.6m | $45.4m | $40.5m | $64.0m | $64.6m | $36.1m | $259.4m | $145.6m | $34.6m |
| Debt | $6.4m | $7.8m | $1.8m | $7.6m | $12.9m | $7.0m | $10.1m | $40.6m | $25.2m |
| Shareholders' equity | $79.9m | $86.7m | $114.6m | $172.8m | $275.3m | $361.2m | −$133.0m | −$90.0m | $25.1m |
| Shares outstanding | 1m | 108m | 1m | 1m | 1m | 1m | 0m | 0m | 1m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | −$4.2m | −$13.8m | −$38.2m | −$68.2m | −$71.3m | −$11.0m | −$34.0m | −$22.2m | −$19.9m |
| Capital spending | −$783,089 | −$891,698 | −$1.4m | −$9.3m | −$31.8m | −$11.9m | −$6.8m | −$3.7m | −$3.4m |
| Free cash flow | −$5.0m | −$14.7m | −$39.6m | −$77.4m | −$103.1m | −$22.8m | −$40.8m | −$25.9m | −$23.4m |
| Dividends paid | — | — | — | — | — | −$53.8m | — | — | — |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $20.1m | $16.1m | $18.6m | $19.6m | $22.2m | $19.9m | $18.8m | $19.2m |
| Gross profit | $14.6m | $11.6m | $14.5m | $14.7m | $16.1m | $14.5m | $13.3m | $13.7m |
| Operating income | −$2.7m | −$2.8m | −$1.8m | −$2.4m | −$1.7m | −$2.3m | −$7.0m | −$5.8m |
| Net income | −$2.7m | −$2.6m | −$2.3m | −$2.5m | −$1.4m | −$2.0m | −$12.1m | −$5.3m |
| Diluted earnings per share | -2.53 | -2.40 | -2.16 | -2.39 | -1.38 | -1.92 | -0.11 | -0.05 |
| Cash from operations | −$3.0m | −$4.0m | $3.0m | $2.0m | −$6.0m | −$3.0m | $2.0m | −$4.0m |
| Total assets | $112.0m | $117.5m | $122.5m | $121.2m | $123.1m | $127.5m | $132.1m | $146.9m |
| Cash and short-term investments | $62.5m | $66.5m | $71.8m | $69.2m | $67.5m | $73.9m | — | $74.3m |
| Debt | $3.2m | $3.4m | $2.8m | $2.8m | $3.2m | $3.4m | — | $4.2m |
| Shareholders' equity | $74.2m | $77.0m | $79.9m | $82.0m | $84.2m | $85.3m | $86.7m | $96.7m |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | -1.4% | 4.7% | — |
| Operating income | -61.8% | -33.2% | — |
| Net income | -61.5% | -32.9% | — |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 72.5% | 70.0% | 70.7% | — |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|
| Price to earnings | -2.6 | -14.1 | -0.1 | -0.2 | -0.8 | -4.0 |
| Price to sales | 0.3 | 9.4 | 0.1 | 0.3 | 1.3 | 3.8 |
Share price return
Finished calendar years
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
| Return | 193% | -8% | -68% | -78% | -57% | -0% |
Dividends and splits
Per share, in the currency the company pays
Paid for 0 years.
- 10-to-1 reverse split · 15 May 2024
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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