H 
27.47
+2.16%
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
$272.3m
FY2016FY2025
Net income
−$5.1m
FY2016FY2025
Free cash flow
$42.8m
FY2016FY2025
Shareholders' equity
$52.4m
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $272.3m | $199.6m | $130.2m | $88.6m | $72.5m | $48.9m | $51.2m | $41.4m | $26.8m | $19.9m |
| Gross profit | $204.4m | $150.4m | $90.6m | $63.2m | $54.3m | $34.4m | $34.4m | $24.9m | $13.3m | $10.1m |
| Research and development | $12.8m | $12.2m | $6.7m | $3.0m | $11.1m | $2.4m | $2.1m | $825,000 | $413,000 | $739,000 |
| Operating income | $38.6m | $8.8m | $431,000 | $1.9m | $1.6m | $385,000 | −$4.8m | −$5.2m | −$12.2m | −$16.4m |
| Net income | −$5.1m | −$17.5m | −$24.4m | −$14.1m | −$18.0m | −$3.4m | $168,000 | $14.6m | −$12.0m | −$19.1m |
| Diluted earnings per share | -0.14 | -0.49 | -0.69 | -0.48 | -0.66 | -0.13 | 0.01 | 0.60 | -0.57 | -1.01 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | $399.5m | $389.0m | $311.8m | $157.0m | $98.3m | $57.5m | $59.1m | $49.5m | $23.9m | $27.2m |
| Cash and short-term investments | $72.9m | $47.2m | $82.8m | $96.3m | $50.7m | $32.7m | $29.9m | $28.1m | $4.0m | $8.9m |
| Total liabilities | $347.4m | $319.7m | $241.8m | $130.1m | $87.4m | $30.6m | $31.7m | $24.7m | $21.3m | $20.8m |
| Debt | $243.2m | $219.5m | $183.2m | $104.2m | $71.7m | $16.3m | $14.0m | $15.2m | $15.3m | $13.7m |
| Shareholders' equity | $52.4m | $69.7m | $70.4m | $26.9m | $11.3m | $27.2m | $27.7m | $24.8m | $2.6m | $6.4m |
| Shares outstanding | 37m | 36m | 35m | 29m | 27m | 26m | 26m | 24m | 21m | 19m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | $43.9m | −$22.2m | $3.8m | $1.7m | $5.1m | −$1.1m | $950,000 | $687,000 | −$8.8m | −$11.2m |
| Capital spending | −$1.1m | −$38.7m | −$152.6m | −$7.8m | −$28.5m | −$994,000 | −$1.8m | −$2.2m | −$1.1m | −$7.1m |
| Free cash flow | $42.8m | −$60.9m | −$148.7m | −$6.1m | −$23.4m | −$2.1m | −$887,000 | −$1.5m | −$9.9m | −$18.4m |
| Dividends paid | — | — | — | −$876,000 | −$127,000 | −$58,000 | −$127,000 | −$127,000 | — | −$4.3m |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $70.7m | $44.2m | $89.1m | $71.6m | $63.7m | $47.8m | $66.8m | $49.3m |
| Gross profit | $50.4m | $27.0m | $70.6m | $53.9m | $47.5m | $32.3m | $52.7m | $37.2m |
| Operating income | −$11.0m | −$22.1m | $24.0m | $14.7m | $11.4m | −$11.2m | $12.6m | $1.3m |
| Net income | −$17.3m | −$27.6m | $6.6m | $1.0m | $5.0m | −$17.8m | $6.8m | −$4.2m |
| Diluted earnings per share | -0.46 | -0.74 | 0.18 | 0.03 | 0.14 | -0.48 | 0.19 | -0.12 |
| Cash from operations | −$9.0m | −$8.0m | $8.0m | $16.0m | — | $19.0m | −$17.0m | $2.0m |
| Capital spending | — | — | — | — | — | — | −$37.0m | — |
| Free cash flow | — | — | — | — | — | — | −$54.0m | — |
| Total assets | $416.8m | $419.5m | $399.5m | $363.1m | $345.0m | $364.2m | $389.0m | $351.5m |
| Cash and short-term investments | $83.9m | $94.6m | $72.9m | $74.3m | $55.8m | $66.7m | $47.2m | $72.6m |
| Debt | $944,000 | $293.0m | $244.1m | $243.7m | $222.9m | $221.4m | $220.0m | $186.6m |
| Shareholders' equity | $15.2m | $28.7m | $52.4m | $47.0m | $49.7m | $56.5m | $69.7m | $58.0m |
Financial ratios
Data as of 4 Nov 2026
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|
| Gross margin | 75.1% | 75.3% | 69.6% | 71.3% | 74.9% | 70.4% |
| Operating margin | 8.2% | 4.5% | 0.6% | -7.6% | 4.6% | 1.5% |
| Net margin | -1.9% | -8.8% | -18.7% | -15.9% | -24.8% | -6.9% |
| Return on equity | -9.8% | -25.1% | -34.7% | -52.4% | -159.6% | -12.3% |
| Return on assets | -1.3% | -4.5% | -7.8% | -9.0% | -18.3% | -5.8% |
| Free cash flow yield | 4.3% | 1.6% | 15.5% | 1.1% | 4.3% | -0.0% |
| Revenue growth | 36.4% | 53.3% | 47.0% | 22.2% | 48.3% | -4.5% |
| Earnings growth | -70.6% | -28.4% | 73.3% | -21.8% | 436.4% | -2098.2% |
| Current ratio | 2.20x | 2.08x | 2.82x | 6.35x | 6.24x | 3.79x |
| Debt to equity | 4.65x | 3.16x | 2.61x | 3.90x | 6.37x | 0.62x |
| Equity ratio | 13.1% | 17.9% | 22.6% | 17.1% | 11.5% | 47.3% |
| Interest coverage | 0.93x | 0.40x | 0.04x | -0.93x | 0.62x | 0.33x |
| R&D as a share of sales | 4.7% | 6.1% | 5.1% | 3.4% | 15.3% | 4.9% |
| Buybacks as a share of market value | -2.7% | -1.3% | -20.1% | -7.1% | -6.7% | 0.5% |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 45.4% | 41.0% | 39.6% |
| Operating income | 172.0% | 151.3% | — |
| Net income | -28.5% | 8.9% | -10.7% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 75.2% | 73.6% | 73.5% | 71.2% |
| Operating margin | 10.1% | 7.2% | 6.4% | -0.2% |
| Net margin | -4.8% | -8.8% | -10.2% | -11.9% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | -350.5 | -68.7 | -16.2 | -19.7 | -8.4 | -33.7 | — | 6.1 | -1.9 | -1.6 |
| Price to sales | 6.6 | 6.0 | 3.0 | 3.1 | 2.1 | 2.3 | 2.5 | 2.1 | 0.8 | 1.5 |
Market value over time
30 Dec 2016 to 3 Nov 2026, in USD
$32.5m$1.07bn
Share price return
Finished calendar years
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Return | 31% | 238% | 32% | 41% | 63% | -27% | 49% | 192% | -1% | -76% |
Dividends and splits
Per share, in the currency the company pays
Paid for 0 years.
- 5-to-1 reverse split · 8 Feb 2013
- 8-to-1 reverse split · 24 Feb 2012
- 1-to-0.4625 reverse split · 21 Sept 2007
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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