C 
1.82
-6.67%
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
$233.3m
FY2016FY2025
Net income
−$103.5m
FY2016FY2025
Free cash flow
−$6.5m
FY2016FY2025
Shareholders' equity
−$6.5m
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $233.3m | $278.3m | $309.2m | $298.5m | $267.1m | $186.9m | $210.4m | $150.7m | $130.4m | $112.8m |
| Gross profit | $105.1m | $120.9m | $130.4m | $112.6m | $103.3m | $63.3m | $79.5m | $54.7m | $50.1m | $40.4m |
| Research and development | $39.8m | $49.6m | $51.4m | $54.4m | $38.1m | $17.5m | $11.7m | $16.2m | $12.2m | $13.9m |
| Operating income | −$47.1m | −$195.5m | −$135.7m | −$464.2m | −$123.9m | −$52.4m | −$17.3m | −$49.3m | −$11.4m | −$28.2m |
| Net income | −$103.5m | −$189.3m | −$134.7m | −$465.3m | −$128.6m | −$55.4m | −$17.1m | −$53.0m | −$19.6m | −$75.7m |
| Diluted earnings per share | -19.48 | -37.11 | -34.14 | -139.22 | -38.50 | -19.63 | -6.00 | -24.38 | -10.06 | -53.96 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | $285.6m | $392.7m | $574.1m | $691.2m | $1.26bn | $422.5m | $224.3m | $153.8m | $100.8m | $86.9m |
| Cash and short-term investments | $48.7m | $65.6m | $91.8m | $121.9m | $233.5m | $293.2m | $104.5m | $39.6m | $21.3m | $22.8m |
| Total liabilities | $292.1m | $322.7m | $439.3m | $479.6m | $573.1m | $265.3m | $81.0m | $101.8m | $309.4m | $303.7m |
| Debt | $215.3m | $221.7m | $266.1m | $235.3m | $197.2m | $188.1m | $37,000 | $46.7m | $67.2m | $114.1m |
| Shareholders' equity | −$6.5m | $70.0m | $134.8m | $211.6m | $690.7m | $157.2m | $143.3m | $52.0m | −$208.7m | −$216.8m |
| Shares outstanding | 5m | 5m | 4m | 3m | 3m | 3m | 3m | 2m | 2m | 1m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | $9.3m | −$8.8m | −$185,000 | −$53.9m | −$38.5m | −$7.6m | $11.5m | −$19.0m | −$22.1m | −$32.5m |
| Capital spending | −$15.8m | −$19.3m | −$12.4m | −$13.5m | −$12.6m | −$10.1m | −$11.0m | −$7.3m | −$1.6m | −$2.5m |
| Free cash flow | −$6.5m | −$28.1m | −$12.6m | −$67.4m | −$51.1m | −$17.7m | $437,000 | −$26.3m | −$23.7m | −$35.0m |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $36.9m | $34.3m | $56.1m | $52.0m | $63.2m | $61.9m | $74.0m | $67.1m |
| Gross profit | $18.6m | $17.1m | $25.9m | $24.3m | $29.3m | $25.2m | $32.7m | $28.6m |
| Operating income | −$6.4m | −$8.3m | −$5.3m | −$69.8m | −$7.3m | −$14.1m | −$8.3m | −$148.5m |
| Net income | −$14.9m | −$4.5m | −$8.3m | −$72.7m | −$9.3m | −$13.3m | −$15.6m | −$145.2m |
| Diluted earnings per share | -2.58 | -0.78 | -1.55 | -13.68 | -1.75 | -2.50 | -3.06 | -28.46 |
| Cash from operations | −$8.0m | −$5.0m | $13.0m | $1.0m | $1.0m | −$6.0m | $2.0m | $1.0m |
| Capital spending | −$2.0m | −$2.0m | — | −$4.0m | −$4.0m | −$4.0m | −$4.0m | — |
| Free cash flow | −$10.0m | −$7.0m | — | −$3.0m | −$3.0m | −$10.0m | −$2.0m | — |
| Total assets | $234.8m | $263.9m | $285.6m | $292.8m | $361.1m | $369.1m | $392.7m | $399.4m |
| Cash and short-term investments | $28.0m | $59.8m | $48.7m | $44.0m | $46.7m | $52.0m | $65.6m | $67.0m |
| Debt | $200.9m | $205.7m | $210.5m | $216.3m | $215.5m | $215.6m | $215.6m | $215.6m |
| Shareholders' equity | −$16.0m | −$4.0m | −$6.5m | −$4.7m | $58.7m | $64.1m | $70.0m | $69.7m |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | -7.9% | 4.5% | 11.6% |
| Operating income | -53.3% | -2.1% | 1.7% |
| Net income | -39.4% | 13.3% | 9.8% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 44.2% | 41.9% | 40.4% | 39.3% |
| Operating margin | -47.4% | -75.3% | -64.7% | -51.6% |
| Net margin | -57.2% | -79.8% | -68.4% | -56.9% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | |
|---|---|---|---|---|---|---|---|---|
| Price to earnings | -0.6 | -1.0 | -0.7 | -0.1 | -1.0 | -4.2 | -3.8 | -0.2 |
| Price to sales | 0.3 | 0.7 | 0.3 | 0.1 | 0.5 | 1.3 | 0.3 | 0.1 |
Share price return
Finished calendar years
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|
| Return | -71% | 42% | 294% | -83% | -57% | 277% | 464% | -19% |
Dividends and splits
Per share, in the currency the company pays
Paid for 0 years.
- 10-to-1 reverse split · 8 Jun 2026
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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