G 
3.24
+7.28%
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
$25.1m
FY2017FY2026
Net income
−$13.2m
FY2017FY2026
Free cash flow
−$16.4m
FY2017FY2026
Shareholders' equity
$81.8m
FY2017FY2026
Income statement
Fiscal years
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $25.1m | $20.5m | $21.8m | $29.7m | $33.4m | $27.7m | $43.3m | $51.5m | $42.6m | $48.2m |
| Gross profit | $13.7m | $10.1m | $11.8m | $17.7m | $18.5m | $13.2m | $25.3m | $31.6m | $22.4m | $26.4m |
| Research and development | $19.9m | $16.0m | $21.7m | $23.6m | $24.7m | $23.3m | $25.2m | $21.4m | $17.0m | $15.8m |
| Operating income | −$17.5m | −$10.8m | −$20.4m | −$15.8m | −$17.7m | −$21.3m | −$10.8m | −$182,000 | −$4.5m | −$527,000 |
| Net income | −$13.2m | −$10.6m | −$20.1m | −$16.0m | −$17.7m | −$21.5m | −$10.3m | $163,000 | −$4.5m | −$115,000 |
| Diluted earnings per share | -0.35 | -0.31 | -0.79 | -0.63 | -0.72 | -0.88 | -0.44 | 0.01 | -0.20 | -0.01 |
Balance sheet
At each fiscal year end
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | $98.0m | $43.3m | $42.5m | $60.0m | $76.4m | $76.4m | $102.6m | $106.2m | $99.5m | $102.6m |
| Cash and short-term investments | $67.2m | $13.4m | $14.4m | $30.6m | $44.0m | $44.0m | $66.6m | $61.8m | $58.4m | $49.9m |
| Total liabilities | $16.2m | $15.1m | $6.5m | $8.5m | $12.0m | $12.0m | $12.9m | $13.1m | $12.7m | $16.2m |
| Debt | $1.5m | — | — | — | — | — | — | — | — | — |
| Shareholders' equity | $81.8m | $28.2m | $36.0m | $51.4m | $64.5m | $64.5m | $89.6m | $93.2m | $86.8m | $86.4m |
| Shares outstanding | 37m | 35m | 26m | 25m | 25m | 24m | 24m | 23m | 23m | 21m |
Cash flow
Fiscal years
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | −$15.9m | −$13.0m | −$17.4m | −$16.8m | −$13.8m | −$15.3m | −$4.7m | $3.0m | $1.1m | $2.1m |
| Capital spending | −$486,000 | −$45,000 | −$645,000 | −$316,000 | −$774,000 | −$203,000 | −$331,000 | −$2.1m | −$1.3m | −$219,000 |
| Free cash flow | −$16.4m | −$13.0m | −$18.0m | −$17.2m | −$14.6m | −$15.5m | −$5.0m | $916,000 | −$255,000 | $1.8m |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $6.3m | $6.3m | $6.1m | $6.4m | $6.3m | $5.9m | $5.4m | $4.5m |
| Gross profit | $3.4m | $3.3m | $3.2m | $3.5m | $3.7m | $3.3m | $2.9m | $1.8m |
| Operating income | −$5.4m | −$5.2m | −$6.9m | −$3.2m | −$2.2m | −$2.3m | −$4.1m | −$5.6m |
| Net income | −$4.8m | −$4.8m | −$3.0m | −$3.2m | −$2.2m | −$2.2m | −$4.0m | −$5.5m |
| Diluted earnings per share | -0.13 | -0.13 | -0.09 | -0.09 | -0.06 | -0.06 | -0.16 | -0.21 |
| Cash from operations | −$3.0m | −$5.0m | −$7.0m | — | −$1.0m | −$1.0m | −$3.0m | −$3.0m |
| Total assets | $108.5m | $98.0m | $98.5m | $52.0m | $50.5m | $43.3m | $44.1m | $47.4m |
| Cash and short-term investments | $77.0m | $67.2m | $70.7m | $25.3m | $22.7m | $13.4m | $15.1m | $18.4m |
| Debt | $1.4m | $1.5m | $1.6m | $1.6m | $1.6m | $1.6m | $1.6m | $1.5m |
| Shareholders' equity | $91.9m | $81.8m | $83.6m | $38.6m | $37.4m | $28.2m | $29.9m | $33.3m |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | -5.4% | -2.0% | -7.1% |
| Operating income | 3.4% | -3.8% | 19.2% |
| Net income | -6.1% | -9.2% | 19.8% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 52.2% | 54.9% | 53.8% | 54.9% |
| Operating margin | -62.0% | -66.5% | -65.4% | -30.9% |
| Net margin | -52.3% | -61.7% | -62.7% | -29.3% |
Valuation history
At each fiscal year end
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | -10.2 | -20.1 | -3.9 | -4.2 | -2.4 | -5.3 | -17.0 | — | -25.9 | -1465.0 |
| Price to sales | 5.4 | 10.4 | 3.6 | 2.3 | 1.3 | 4.1 | 4.0 | 3.2 | 2.7 | 3.5 |
Share price return
Finished calendar years
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Return | 87% | 12% | 57% | -62% | -39% | 4% | 41% | -38% | 32% | 62% |
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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