V 
14.04
+9.26%
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
$344.2m
FY2018FY2025
Net income
$8.4m
FY2018FY2025
Free cash flow
$51.7m
FY2018FY2025
Shareholders' equity
$82.1m
FY2018FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $344.2m | $289.2m | $222.9m | $197.2m | $224.1m | $165.3m | $164.9m | $108.4m |
| Research and development | $30.5m | $23.7m | $24.8m | $21.3m | $25.4m | $7.1m | $9.2m | $9.6m |
| Operating income | $12.1m | $3.5m | −$18.3m | −$49.3m | −$42.8m | $21.8m | $12.8m | −$21.2m |
| Net income | $8.4m | $2.4m | −$3.4m | −$11.9m | −$7.7m | $11.3m | $9.9m | −$25.5m |
| Diluted earnings per share | 0.13 | 0.03 | -0.05 | -0.19 | -0.57 | 0.19 | 0.17 | -0.43 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | |
|---|---|---|---|---|---|---|---|---|
| Total assets | $474.7m | $440.8m | $404.9m | $377.9m | $389.1m | $133.5m | $106.9m | $86.7m |
| Cash and short-term investments | $191.2m | $205.0m | $216.5m | $206.6m | $238.5m | $9.6m | $4.8m | $2.7m |
| Total liabilities | $185.9m | $166.7m | $130.5m | $112.1m | $106.6m | $113.4m | $84.2m | $124.9m |
| Debt | $5.1m | — | — | — | $17.5m | $23.5m | $17.5m | $66.0m |
| Shareholders' equity | $82.1m | $53.8m | $68.3m | $59.2m | $282.6m | $27.6m | $22.7m | −$83.2m |
| Shares outstanding | 63m | 68m | 63m | 62m | 14m | 59m | 59m | 59m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | |
|---|---|---|---|---|---|---|---|---|
| Cash from operations | $52.6m | $51.8m | $37.8m | −$3.5m | $28.7m | $18.9m | $13.0m | $3.5m |
| Capital spending | −$926,000 | −$2.5m | −$1.2m | −$758,000 | −$7.4m | −$7.8m | −$423,000 | −$8.8m |
| Free cash flow | $51.7m | $49.3m | $36.6m | −$4.3m | $21.3m | $11.0m | $12.6m | −$5.3m |
| Dividends paid | — | — | — | — | — | −$5.0m | −$5.0m | −$5.0m |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $104.3m | $88.5m | $110.1m | $85.6m | $77.9m | $70.6m | $90.1m | $79.9m |
| Operating income | −$3.9m | $35.9m | $12.7m | $4.2m | $12,000 | −$4.9m | $5.9m | $4.0m |
| Net income | −$111,000 | −$455,000 | $8.3m | $996,000 | $290,000 | −$1.2m | $1.7m | $1.5m |
| Diluted earnings per share | -0.00 | -0.01 | 0.13 | 0.02 | 0.00 | -0.02 | 0.03 | 0.02 |
| Cash from operations | $28.0m | $2.0m | $33.0m | $3.0m | $20.0m | −$4.0m | $16.0m | $17.0m |
| Capital spending | — | −$3.0m | −$3.0m | −$4.0m | −$4.0m | −$3.0m | — | −$4.0m |
| Free cash flow | — | −$1.0m | $30.0m | −$1.0m | $16.0m | −$7.0m | — | $13.0m |
| Total assets | $498.4m | $439.0m | $474.7m | $395.9m | $398.0m | $394.5m | $440.8m | $429.7m |
| Cash and short-term investments | $193.1m | $185.7m | $191.2m | $161.3m | $172.8m | $173.9m | $205.0m | $214.6m |
| Debt | $5.2m | $5.1m | $5.1m | $4.9m | $4.7m | $4.7m | $4.7m | $4.5m |
| Shareholders' equity | $113.4m | $85.3m | $82.1m | $23.3m | $27.5m | $36.5m | $53.8m | $59.4m |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 20.4% | 15.8% | — |
| Operating income | — | -11.1% | — |
| Net income | — | -5.8% | — |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Operating margin | 2.5% | -4.9% | -5.1% | — |
| Net margin | 1.7% | -0.4% | -0.1% | — |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|
| Price to earnings | 90.3 | — | -125.7 | -20.8 | -17.0 |
| Price to sales | 2.2 | 4.5 | 1.9 | 1.3 | 0.6 |
Share price return
Finished calendar years
| 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|
| Return | -39% | 175% | 120% | -61% | -83% |
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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