C 
5.62
-0.71%
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
$156.8m
FY2019FY2025
Net income
−$44.4m
FY2019FY2025
Free cash flow
−$18.0m
FY2019FY2025
Shareholders' equity
$128.1m
FY2019FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | |
|---|---|---|---|---|---|---|---|
| Revenue | $156.8m | $144.8m | $138.1m | $135.2m | $114.3m | $68.4m | $48.6m |
| Gross profit | $117.4m | $107.4m | $103.1m | $101.0m | $83.2m | $48.0m | $34.1m |
| Research and development | $56.6m | $51.5m | $51.6m | $59.3m | $34.4m | $26.6m | $25.4m |
| Operating income | −$48.1m | −$61.7m | −$49.8m | −$71.8m | −$23.8m | −$22.5m | −$30.4m |
| Net income | −$44.4m | −$55.8m | −$42.1m | −$70.8m | −$24.3m | −$22.9m | −$29.8m |
| Diluted earnings per share | -0.71 | -0.93 | -0.69 | -1.20 | -0.42 | -0.47 | -0.52 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | |
|---|---|---|---|---|---|---|---|
| Total assets | $173.6m | $180.3m | $231.5m | $256.3m | $287.4m | $79.1m | $35.9m |
| Cash and short-term investments | $114.6m | $129.1m | $159.6m | $203.2m | $255.5m | $58.6m | $23.2m |
| Total liabilities | $45.5m | $32.8m | $31.2m | $32.7m | $18.7m | $174.0m | $110.3m |
| Debt | $2.7m | $158,000 | $199,000 | $200,000 | $100,000 | $200,000 | — |
| Shareholders' equity | $128.1m | $147.5m | $200.3m | $223.6m | $268.7m | −$94.9m | −$74.4m |
| Shares outstanding | 63m | 60m | 61m | 59m | 57m | 49m | 57m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | |
|---|---|---|---|---|---|---|---|
| Cash from operations | −$14.9m | −$8.7m | −$25.5m | −$46.0m | −$21.6m | −$22.7m | −$27.3m |
| Capital spending | −$3.1m | −$2.8m | −$18.9m | −$4.4m | −$3.1m | −$1.9m | −$3.3m |
| Free cash flow | −$18.0m | −$11.5m | −$44.4m | −$50.4m | −$24.7m | −$24.6m | −$30.6m |
| Dividends paid | — | — | −$2.0m | −$3.8m | — | −$60.4m | — |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $43.1m | $41.9m | $41.2m | $40.9m | $38.1m | $36.7m | $37.0m | $36.3m |
| Gross profit | $32.1m | $31.1m | $30.9m | $30.9m | $28.4m | $27.1m | $27.5m | $26.5m |
| Operating income | −$9.2m | −$10.1m | −$9.2m | −$14.5m | −$11.8m | −$12.6m | −$26.1m | −$10.9m |
| Net income | −$8.7m | −$9.6m | −$8.5m | −$13.7m | −$10.8m | −$11.4m | −$25.2m | −$9.2m |
| Diluted earnings per share | -0.13 | -0.15 | -0.14 | -0.22 | -0.17 | -0.18 | -0.42 | -0.15 |
| Cash from operations | −$1.0m | −$11.0m | — | — | −$4.0m | −$10.0m | $2.0m | −$2.0m |
| Capital spending | −$1.0m | — | — | −$1.0m | — | — | — | — |
| Free cash flow | −$2.0m | — | — | — | — | — | — | — |
| Total assets | $161.4m | $162.4m | $173.6m | $174.8m | $164.9m | $168.0m | $180.3m | $194.4m |
| Cash and short-term investments | $101.4m | $103.0m | $114.6m | $113.5m | $114.5m | $118.8m | $129.1m | $126.8m |
| Debt | $2.8m | $2.7m | $2.7m | $2.7m | $2.7m | $2.6m | $2.4m | $2.0m |
| Shareholders' equity | $120.2m | $123.9m | $128.1m | $130.6m | $137.9m | $142.2m | $147.5m | $167.3m |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 5.2% | 18.2% | — |
| Operating income | -12.5% | 16.4% | — |
| Net income | -14.4% | 14.2% | — |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 74.5% | 74.6% | 73.9% | — |
| Operating margin | -36.4% | -40.3% | -36.7% | — |
| Net margin | -33.2% | -37.1% | -34.3% | — |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|
| Price to earnings | -11.0 | -5.4 | -10.9 | -5.3 | -39.1 |
| Price to sales | 3.1 | 2.1 | 3.4 | 2.8 | 8.4 |
Share price return
Finished calendar years
| 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|
| Return | 57% | -29% | 17% | -59% | -16% |
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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