S 
0.69
+9.15%
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
$85.3m
FY2016FY2025
Net income
−$74.9m
FY2016FY2025
Free cash flow
−$82.7m
FY2016FY2025
Shareholders' equity
$424.3m
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $85.3m | $174.4m | $106.3m | $97.9m | $130.6m | $138.1m | $117.2m | $113.0m | $101.9m | $104.4m |
| Gross profit | $42.5m | $84.3m | $50.5m | $37.1m | $77.3m | $83.3m | $64.3m | $61.6m | $52.0m | $58.4m |
| Research and development | $26.0m | $62.4m | $25.9m | $37.4m | $37.9m | $36.5m | $31.6m | $30.0m | $30.8m | $38.4m |
| Operating income | −$93.3m | −$175.2m | −$76.6m | −$188.6m | −$67.5m | −$50.5m | −$62.4m | −$47.5m | −$58.4m | −$73.2m |
| Net income | −$74.9m | −$138.9m | −$74.7m | −$190.1m | −$59.2m | −$53.0m | −$64.8m | −$59.0m | −$60.5m | −$76.0m |
| Diluted earnings per share | -0.19 | -0.37 | -0.94 | -2.39 | -0.77 | -0.71 | -0.93 | -1.42 | -1.56 | -2.61 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | $567.8m | $612.3m | $323.1m | $390.3m | $275.2m | $324.8m | $264.8m | $303.6m | $287.4m | $306.4m |
| Cash and short-term investments | $187.6m | $292.9m | $114.9m | $165.8m | $28.5m | $68.5m | $58.6m | $95.4m | $63.1m | $59.4m |
| Total liabilities | $143.5m | $140.6m | $471.1m | $471.8m | $180.6m | $185.7m | $111.2m | $231.5m | $256.4m | $253.2m |
| Debt | $5.8m | $300,000 | $64.0m | $64.9m | $71.0m | $54.2m | $53.8m | $172.1m | $195.2m | $195.0m |
| Shareholders' equity | $424.3m | $471.7m | −$148.1m | −$81.5m | $94.6m | $139.1m | $153.6m | $72.1m | $30.9m | $53.2m |
| Shares outstanding | 385m | 375m | 80m | 79m | 77m | 74m | 70m | 41m | 39m | 29m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | −$74.3m | −$143.5m | −$43.3m | −$89.4m | −$44.1m | −$15.4m | −$35.2m | −$25.2m | −$24.1m | −$39.1m |
| Capital spending | −$8.3m | −$8.4m | −$2.8m | −$3.8m | −$13.3m | −$12.7m | −$2.5m | −$372,000 | −$1.6m | −$5.1m |
| Free cash flow | −$82.7m | −$151.8m | −$46.1m | −$93.2m | −$57.3m | −$28.1m | −$37.7m | −$25.6m | −$25.7m | −$44.2m |
| Dividends paid | — | — | — | — | −$299,000 | — | −$1.5m | — | — | — |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $20.1m | $21.1m | $23.8m | $19.6m | $21.8m | $20.2m | $46.7m | $45.0m |
| Gross profit | $10.5m | $11.3m | $10.2m | $9.5m | $10.6m | $11.0m | $21.9m | $23.3m |
| Operating income | −$25.4m | −$9.4m | −$21.9m | −$23.5m | −$23.7m | −$24.2m | −$32.8m | −$31.7m |
| Net income | −$26.8m | −$45.2m | $19.3m | −$34.7m | −$33.5m | −$26.0m | −$34.1m | −$26.9m |
| Diluted earnings per share | -0.07 | -0.12 | 0.05 | -0.09 | -0.09 | -0.07 | -0.09 | -0.07 |
| Cash from operations | −$10.0m | −$46.0m | −$1.0m | −$22.0m | −$20.0m | −$30.0m | −$14.0m | −$27.0m |
| Capital spending | — | — | — | — | −$1.0m | −$5.0m | −$3.0m | −$2.0m |
| Free cash flow | — | — | — | — | −$21.0m | −$35.0m | −$17.0m | −$29.0m |
| Total assets | $627.2m | $639.1m | $567.8m | $539.6m | $557.0m | $579.6m | $612.3m | $681.5m |
| Cash and short-term investments | $476.7m | $455.2m | $187.6m | $194.9m | $237.1m | $258.1m | $292.9m | $366.3m |
| Debt | $5.9m | $5.8m | $5.8m | $5.4m | $5.4m | $6.6m | $6.5m | $61.3m |
| Shareholders' equity | $540.0m | $561.1m | $424.3m | $399.7m | $424.5m | $454.6m | $471.7m | $489.3m |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | -4.5% | -9.2% | -2.9% |
| Operating income | -20.9% | 13.1% | 6.4% |
| Net income | -26.7% | 7.2% | 3.5% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 48.8% | 46.2% | 51.2% | 52.9% |
| Operating margin | -103.4% | -115.0% | -88.9% | -73.5% |
| Net margin | -82.3% | -103.1% | -80.6% | -70.4% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | -6.6 | -4.7 | -1.5 | -0.3 | -3.2 | -5.3 | -1.3 | -1.0 | -0.7 | -0.5 |
| Price to sales | 5.8 | 3.8 | 1.1 | 0.6 | 1.5 | 2.0 | 0.7 | 0.5 | 0.4 | 0.3 |
Share price return
Finished calendar years
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Return | -17% | 49% | 83% | -70% | -46% | 281% | -7% | 16% | -20% | -21% |
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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