B 
4.51
+6.12%
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
$251.7m
FY2018FY2025
Net income
−$2.9m
FY2018FY2025
Free cash flow
$17.4m
FY2018FY2025
Shareholders' equity
$31.3m
FY2018FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $251.7m | $418.8m | $527.1m | $692.2m | $873.6m | $863.6m | $755.8m | $790.3m |
| Gross profit | $183.8m | $287.3m | $323.1m | $369.6m | $545.0m | $613.9m | $545.5m | $561.4m |
| Research and development | $42.3m | $76.4m | $74.4m | $104.4m | $119.9m | $93.0m | $84.1m | $91.2m |
| Operating income | $8.0m | −$64.5m | −$143.7m | −$203.2m | −$297.3m | −$6.3m | $19.7m | $5.9m |
| Net income | −$2.9m | −$71.6m | −$152.6m | −$194.2m | −$228.4m | −$21.4m | $32.3m | −$21.6m |
| Diluted earnings per share | -0.41 | -10.45 | -24.20 | -31.48 | -36.89 | -4.41 | 23.63 | -2.74 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | |
|---|---|---|---|---|---|---|---|---|
| Total assets | $147.0m | $174.6m | $276.8m | $443.4m | $637.6m | $356.3m | $291.1m | $250.2m |
| Cash and short-term investments | $38.9m | $20.2m | $33.3m | $80.1m | $104.1m | $56.8m | $41.6m | $68.3m |
| Total liabilities | $115.7m | $146.4m | $194.1m | $231.9m | $252.2m | $257.0m | $203.7m | $200.8m |
| Debt | $25.4m | $22.5m | $32.8m | $46.5m | $7.1m | $41.6m | $50.4m | $24.8m |
| Shareholders' equity | $31.3m | $28.2m | $82.8m | $211.5m | $385.4m | $99.3m | $87.4m | $49.3m |
| Shares outstanding | 7m | 7m | 6m | 6m | 6m | 5m | 1m | 8m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | |
|---|---|---|---|---|---|---|---|---|
| Cash from operations | $21.8m | $2.6m | −$22.5m | −$47.2m | −$215.2m | $61.4m | $42.0m | $63.6m |
| Capital spending | −$4.4m | −$4.5m | −$6.6m | −$26.5m | −$77.9m | −$37.9m | −$23.8m | −$23.9m |
| Free cash flow | $17.4m | −$2.0m | −$29.1m | −$73.7m | −$293.2m | $23.5m | $18.2m | $39.7m |
| Dividends paid | — | — | — | −$491,000 | −$1.5m | — | −$7.1m | −$28.7m |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $49.6m | $54.3m | $55.5m | $59.9m | $63.9m | $72.4m | $86.4m | $102.2m |
| Gross profit | $35.7m | $38.1m | $41.3m | $44.6m | $46.2m | $51.5m | $60.9m | $68.8m |
| Operating income | $1.7m | $3.1m | $8.2m | $5.0m | −$4.5m | −$4.1m | −$32.9m | −$13.0m |
| Net income | $1.4m | $2.3m | $5.2m | $3.6m | −$5.9m | −$5.7m | −$34.6m | −$12.0m |
| Diluted earnings per share | 0.18 | 0.29 | 0.75 | 0.51 | -0.85 | -0.82 | -5.04 | -1.75 |
| Cash from operations | −$5.0m | −$1.0m | $4.0m | $10.0m | $4.0m | $2.0m | −$6.0m | $1.0m |
| Capital spending | — | — | — | −$1.0m | −$1.0m | — | — | −$1.0m |
| Free cash flow | — | — | — | $9.0m | $3.0m | — | — | $0 |
| Total assets | $136.5m | $143.1m | $147.0m | $146.4m | $145.9m | $152.5m | $174.6m | $225.5m |
| Cash and short-term investments | $36.6m | $40.8m | $38.9m | $33.9m | $25.5m | $18.0m | $20.2m | $36.6m |
| Debt | $24.4m | $24.5m | $24.7m | $24.5m | $24.7m | $17.8m | $20.5m | $22.8m |
| Shareholders' equity | $37.2m | $34.4m | $31.3m | $24.7m | $20.2m | $24.0m | $28.2m | $58.4m |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | -29.0% | -22.2% | — |
| Net income | -75.5% | -33.2% | — |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 70.3% | 61.6% | 64.0% | — |
| Operating margin | -8.4% | -21.3% | -19.5% | — |
| Net margin | -11.1% | -22.3% | -18.5% | — |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|
| Price to earnings | -16.3 | -0.4 | -0.2 | -0.5 | -2.1 |
| Price to sales | 0.2 | 0.1 | 0.1 | 0.1 | 0.5 |
Share price return
Finished calendar years
| 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|
| Return | 88% | -29% | -74% | -69% | -79% |
Dividends and splits
Per share, in the currency the company pays
Paid for 0 years.
- 50-to-1 reverse split · 22 Nov 2023
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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