J 
4.52
+1.12%
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
$61.9m
FY2016FY2025
Net income
−$11.4m
FY2016FY2025
Free cash flow
−$12.4m
FY2016FY2025
Shareholders' equity
$31.9m
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $61.9m | $56.1m | $79.2m | $73.7m | $63.1m | $44.5m | $34.9m | $42.3m | $4.5m | $22.6m |
| Research and development | $480,000 | $9.9m | $7.5m | $10.9m | $16.6m | — | — | $80.5m | $104.4m | $83.2m |
| Operating income | −$8.2m | −$12.7m | −$1.9m | −$27.6m | −$35.3m | $7.9m | $5.3m | −$214.0m | −$300.3m | −$90.6m |
| Net income | −$11.4m | −$14.7m | −$3.9m | −$29.6m | −$44.0m | $5.3m | $3.6m | −$221.5m | −$303.3m | −$89.1m |
| Diluted earnings per share | -0.47 | -0.66 | -0.20 | -1.67 | -3.32 | 0.32 | 0.07 | -5.25 | -5.98 | -2.70 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | $94.6m | $80.2m | $76.8m | $105.2m | $97.3m | $51.9m | $33.9m | $344.3m | $560.8m | $312.6m |
| Cash and short-term investments | $24.1m | $20.3m | $27.4m | $32.0m | $49.1m | $8.2m | $4.8m | $313.0m | $551.0m | $251.9m |
| Total liabilities | $62.7m | $60.2m | $56.5m | $88.2m | $55.2m | $41.6m | $31.1m | $353.4m | $411.1m | $65.2m |
| Debt | $25.4m | $26.0m | $18.0m | $26.4m | $8.9m | $17.9m | $10.2m | — | $4.6m | $3.0m |
| Shareholders' equity | $31.9m | $20.1m | $20.4m | $17.0m | $42.0m | $10.3m | $2.8m | −$9.0m | $149.6m | $247.4m |
| Shares outstanding | 24m | 22m | 19m | 18m | 13m | 16m | 54m | 42m | 51m | 33m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | −$12.4m | −$9.1m | $5.2m | −$13.5m | −$2.2m | $5.1m | $9.0m | −$213.1m | −$104.0m | −$74.1m |
| Capital spending | — | −$15.0m | −$5.0m | −$20.0m | −$10.0m | −$1.2m | −$2.4m | −$616,000 | −$278,000 | −$753,000 |
| Free cash flow | −$12.4m | −$24.1m | $240,000 | −$33.5m | −$12.2m | $3.9m | $6.6m | −$213.7m | −$104.2m | −$74.9m |
| Dividends paid | — | — | — | −$371,000 | −$1.6m | — | — | — | — | — |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $18.5m | $16.0m | $16.1m | $17.6m | $15.0m | $13.1m | $13.6m | $14.6m |
| Operating income | $456,000 | −$1.5m | −$443,000 | −$1.5m | −$2.9m | −$3.3m | $2.2m | −$2.9m |
| Net income | −$312,000 | −$2.2m | −$1.2m | −$2.3m | −$3.8m | −$4.1m | $1.5m | −$2.4m |
| Diluted earnings per share | -0.01 | -0.08 | -0.05 | -0.09 | -0.15 | -0.17 | 0.07 | -0.11 |
| Cash from operations | −$1.0m | $2.0m | −$6.0m | −$2.0m | — | −$2.0m | $2.0m | −$1.0m |
| Total assets | $98.4m | $91.5m | $94.6m | $85.2m | $81.2m | $85.0m | $80.2m | $64.0m |
| Cash and short-term investments | $25.6m | $27.2m | $24.1m | $24.9m | $20.3m | $21.1m | $20.3m | $22.5m |
| Debt | $5.1m | $25.5m | $25.4m | $25.3m | $25.2m | $25.1m | $25.6m | $21.1m |
| Shareholders' equity | $32.1m | $30.8m | $31.9m | $25.9m | $19.2m | $21.5m | $20.1m | $10.9m |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | -5.7% | 6.8% | 23.8% |
| Operating income | -33.4% | — | -20.4% |
| Net income | -27.2% | — | -17.5% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Operating margin | -17.7% | -18.6% | -20.6% | -154.5% |
| Net margin | -22.1% | -22.0% | -26.0% | -160.5% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|
| Price to earnings | -16.5 | -5.9 | -28.9 | -1.1 | -1.6 |
| Price to sales | 3.0 | 1.5 | 1.4 | 0.5 | 1.1 |
Share price return
Finished calendar years
| 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|
| Return | 68% | -38% | 486% | -81% | -32% |
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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