C 
5.89
+1.03%
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
$201.5m
FY2019FY2025
Net income
−$66.5m
FY2019FY2025
Free cash flow
−$8.8m
FY2019FY2025
Shareholders' equity
$341.7m
FY2019FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | |
|---|---|---|---|---|---|---|---|
| Revenue | $201.5m | $200.5m | $193.0m | $164.0m | $128.0m | $92.8m | $57.9m |
| Gross profit | $104.5m | $111.1m | $109.4m | $101.0m | $79.1m | $51.7m | $28.7m |
| Research and development | $36.5m | $39.4m | $44.2m | $34.9m | $24.4m | $13.7m | $8.9m |
| Operating income | −$40.4m | −$20.5m | −$27.8m | −$1.8m | $9.2m | $13.9m | −$17.3m |
| Net income | −$66.5m | −$6.0m | −$12.1m | $2.6m | $3.0m | $19.4m | −$16.8m |
| Diluted earnings per share | -0.52 | -0.05 | -0.09 | 0.02 | 0.03 | 0.16 | -0.13 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | |
|---|---|---|---|---|---|---|---|
| Total assets | $461.5m | $499.5m | $494.5m | $519.5m | $463.3m | $220.0m | $70.4m |
| Cash and short-term investments | $261.5m | $277.9m | $262.4m | $341.1m | $364.6m | $165.2m | $30.1m |
| Total liabilities | $119.8m | $103.8m | $101.4m | $93.9m | $57.9m | $236.0m | $112.1m |
| Debt | $6.8m | $5.7m | $2.2m | $2.9m | — | $2.8m | — |
| Shareholders' equity | $341.7m | $395.7m | $393.1m | $425.3m | $405.0m | −$16.0m | −$41.7m |
| Shares outstanding | 128m | 129m | 131m | 137m | 114m | 123m | 133m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | |
|---|---|---|---|---|---|---|---|
| Cash from operations | −$4.7m | $25.4m | $5.3m | −$12.2m | $4.6m | $15.2m | −$13.7m |
| Capital spending | −$4.1m | −$3.5m | −$4.8m | −$9.9m | −$4.4m | −$1.5m | −$973,000 |
| Free cash flow | −$8.8m | $21.9m | $454,000 | −$22.1m | $266,000 | $13.6m | −$14.7m |
| Dividends paid | — | — | −$1.5m | −$209,000 | — | — | — |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $48.1m | $44.1m | $62.1m | $52.3m | $45.6m | $41.5m | $57.5m | $51.5m |
| Gross profit | $28.3m | $21.3m | $32.9m | $27.6m | $23.9m | $20.2m | $33.7m | $29.0m |
| Operating income | −$11.4m | −$18.5m | −$5.6m | −$9.2m | −$10.6m | −$15.0m | $3.0m | −$4.2m |
| Net income | −$12.2m | −$18.9m | −$44.1m | −$5.5m | −$5.6m | −$11.4m | $9.6m | $941,000 |
| Diluted earnings per share | -0.09 | -0.15 | -0.34 | -0.04 | -0.04 | -0.09 | 0.07 | 0.01 |
| Cash from operations | $1.0m | −$2.0m | — | −$3.0m | — | — | $1.0m | $13.0m |
| Capital spending | −$2.0m | −$2.0m | −$1.0m | — | −$1.0m | — | — | — |
| Free cash flow | −$1.0m | −$4.0m | — | — | — | — | — | — |
| Total assets | $446.9m | $449.1m | $461.5m | $494.9m | $493.3m | $482.6m | $499.5m | $491.2m |
| Cash and short-term investments | $262.0m | $262.2m | $261.5m | $261.7m | $262.0m | $265.6m | $277.9m | $277.8m |
| Debt | $12.9m | $16.2m | $9.7m | $13.5m | $9.6m | $8.4m | $9.5m | $6.8m |
| Shareholders' equity | $322.0m | $327.6m | $341.7m | $378.6m | $377.6m | $379.6m | $395.7m | $385.5m |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 7.6% | 16.8% | — |
| Operating income | 181.8% | — | — |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 53.6% | 56.1% | 56.8% | — |
| Operating margin | -15.2% | -11.9% | -6.9% | — |
| Net margin | -18.1% | -10.8% | -6.1% | — |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|
| Price to earnings | -9.7 | -139.3 | -98.1 | — | — |
| Price to sales | 3.2 | 4.2 | 6.3 | 8.7 | 14.7 |
Share price return
Finished calendar years
| 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|
| Return | -23% | -34% | -9% | -38% | -10% |
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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