C 
0.78
-10.14%
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
$56.7m
FY2019FY2025
Net income
−$53.3m
FY2019FY2025
Free cash flow
−$40.8m
FY2019FY2025
Shareholders' equity
$39.3m
FY2019FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | |
|---|---|---|---|---|---|---|---|
| Revenue | $56.7m | $51.3m | $39.3m | $22.5m | $13.0m | $6.1m | $6.3m |
| Gross profit | $48.3m | $43.0m | $33.0m | $17.5m | $9.4m | $4.6m | $4.6m |
| Research and development | $11.1m | $11.1m | $11.6m | $10.0m | $7.5m | $6.4m | $8.7m |
| Operating income | −$47.5m | −$55.5m | −$43.1m | −$42.5m | −$40.8m | −$11.6m | −$12.8m |
| Net income | −$53.3m | −$60.0m | −$41.2m | −$41.4m | −$43.1m | −$14.1m | −$14.6m |
| Diluted earnings per share | -2.03 | -2.65 | -1.98 | -2.01 | -2.12 | -39.18 | -30.32 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | |
|---|---|---|---|---|---|---|---|
| Total assets | $104.8m | $133.4m | $115.2m | $124.9m | $152.5m | $64.8m | $29.1m |
| Cash and short-term investments | $75.7m | $105.9m | $90.6m | $106.2m | $142.1m | $59.1m | $25.7m |
| Total liabilities | $65.5m | $62.4m | $39.3m | $15.8m | $6.6m | $358.0m | $308.1m |
| Debt | $49.5m | $49.3m | $29.2m | $6.7m | — | $19.3m | $19.0m |
| Shareholders' equity | $39.3m | $71.1m | $75.9m | $109.2m | $146.0m | −$293.2m | −$279.0m |
| Shares outstanding | 26m | 23m | 21m | 21m | 20m | 0m | 0m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | |
|---|---|---|---|---|---|---|---|
| Cash from operations | −$40.2m | −$39.1m | −$39.0m | −$42.7m | −$27.7m | −$16.1m | −$12.8m |
| Capital spending | −$580,000 | −$1.4m | −$591,000 | −$685,000 | −$1.2m | −$311,000 | −$106,000 |
| Free cash flow | −$40.8m | −$40.5m | −$39.6m | −$43.4m | −$28.9m | −$16.4m | −$12.9m |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $15.7m | $14.8m | $16.0m | $14.7m | $13.6m | $12.3m | $15.3m | $13.4m |
| Gross profit | $13.7m | $12.9m | $13.8m | $12.6m | $11.3m | $10.3m | $13.0m | $11.1m |
| Operating income | −$12.5m | −$11.6m | −$10.5m | −$11.4m | −$13.3m | −$12.3m | −$9.2m | −$12.1m |
| Net income | −$14.0m | −$13.1m | −$11.9m | −$12.9m | −$14.7m | −$13.8m | −$10.7m | −$13.1m |
| Diluted earnings per share | -0.53 | -0.49 | -0.46 | -0.49 | -0.56 | -0.53 | -0.47 | -0.58 |
| Cash from operations | −$8.0m | −$12.0m | −$9.0m | −$9.0m | −$7.0m | −$12.0m | −$8.0m | −$10.0m |
| Total assets | $92.3m | $99.7m | $104.8m | $111.3m | $119.6m | $129.6m | $133.4m | $127.7m |
| Cash and short-term investments | $64.6m | $72.3m | $75.7m | $85.1m | $95.0m | $102.7m | $105.9m | $100.2m |
| Debt | $58.9m | $58.9m | $49.5m | $49.8m | $49.7m | $49.6m | $49.6m | $49.5m |
| Shareholders' equity | $20.0m | $29.1m | $39.3m | $48.1m | $57.9m | $69.4m | $71.1m | $65.2m |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 31.6% | 70.0% | — |
| Operating income | 3.8% | 32.7% | — |
| Net income | 8.8% | 30.5% | — |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 84.6% | 83.6% | 82.5% | — |
| Operating margin | -95.4% | -111.2% | -127.6% | — |
| Net margin | -104.9% | -115.4% | -134.1% | — |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|
| Price to earnings | -1.4 | -0.6 | -1.3 | -0.7 | -0.5 |
| Price to sales | 1.5 | 0.8 | 1.4 | 1.4 | 1.9 |
Share price return
Finished calendar years
| 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|
| Return | 101% | -18% | 57% | 38% | -61% |
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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