L
2.10
-11.60%
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
$194.1m
FY2016FY2025
Net income
−$7.1m
FY2016FY2025
Free cash flow
−$1.2m
FY2016FY2025
Shareholders' equity
$23.2m
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $194.1m | $212.5m | $152.5m | $119.0m | $92.9m | $37.3m | $12.5m | $8.3m | $5.1m | $5.2m |
| Gross profit | $154.8m | $188.4m | $133.6m | $100.4m | $74.9m | $28.4m | $9.9m | $6.4m | $3.6m | $3.3m |
| Research and development | $7.3m | $9.5m | $6.1m | $3.0m | $948,157 | $446,749 | $222,877 | $120,541 | — | — |
| Operating income | −$7.7m | −$16.1m | −$14.6m | −$39.7m | −$58.3m | −$57.8m | −$2.9m | −$2.1m | −$1.1m | −$1.2m |
| Net income | −$7.1m | −$18.9m | −$20.6m | −$45.5m | −$60.9m | −$60.5m | −$3.1m | −$1.2m | −$1.2m | −$1.1m |
| Diluted earnings per share | -0.15 | -0.45 | -0.56 | -1.45 | -2.28 | -4.81 | -0.29 | -0.13 | -0.14 | -0.15 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | $70.4m | $72.5m | $58.5m | $25.7m | $49.9m | $13.4m | $3.4m | $2.6m | $1.3m | $789,824 |
| Cash and short-term investments | $36.8m | $35.0m | $33.1m | $4.0m | $41.3m | $9.2m | $1.1m | $180,093 | $141,379 | $182,561 |
| Total liabilities | $47.3m | $76.5m | $52.9m | $33.0m | $24.1m | $14.2m | $4.6m | $1.8m | $640,971 | $1.2m |
| Debt | $642,422 | $18.3m | $18.3m | $2.8m | $60,000 | $780,000 | $810,000 | $250,000 | $170,000 | $210,000 |
| Shareholders' equity | $23.2m | −$5.5m | $3.5m | −$6.8m | $26.9m | $1.4m | −$988,185 | $897,700 | $881,923 | −$355,170 |
| Shares outstanding | 47m | 42m | 37m | 31m | 27m | 13m | 11m | 9m | 9m | 8m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | $8.3m | $17.5m | $8.8m | −$22.9m | −$33.1m | −$12.1m | $251,408 | −$905,518 | −$817,216 | −$407,914 |
| Capital spending | −$9.5m | −$11.5m | −$8.7m | −$12.9m | −$3.4m | −$398,136 | −$247,365 | −$100,000 | — | — |
| Free cash flow | −$1.2m | $6.0m | $86,948 | −$35.8m | −$36.5m | −$12.5m | $4,043 | −$1.0m | −$817,216 | −$407,914 |
| Dividends paid | −$3.1m | −$3.1m | −$3.1m | −$3.1m | −$871,476 | −$1.3m | −$871,476 | −$871,476 | −$878,855 | −$330,000 |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $47.3m | $50.2m | $46.9m | $60.2m | $62.2m | $65.7m | $64.3m | $53.3m |
| Gross profit | $42.0m | $42.6m | $38.3m | $52.8m | $54.8m | $57.1m | $54.8m | $48.3m |
| Operating income | −$7.1m | −$8.9m | −$1.1m | −$3.1m | −$906,772 | $2.5m | $1.0m | −$4.0m |
| Net income | −$7.1m | −$8.9m | −$1.5m | −$3.8m | −$2.1m | $1.4m | −$106,272 | −$4.7m |
| Diluted earnings per share | -0.15 | -0.19 | -0.03 | -0.08 | -0.04 | 0.03 | -0.00 | -0.11 |
| Cash from operations | −$6.0m | — | −$3.0m | — | $8.0m | $3.0m | $1.0m | $6.0m |
| Capital spending | −$3.0m | — | — | −$6.0m | −$2.0m | −$2.0m | −$2.0m | −$3.0m |
| Free cash flow | −$9.0m | — | — | — | $6.0m | $1.0m | −$1.0m | $3.0m |
| Total assets | $59.9m | $70.1m | $70.4m | $66.0m | $73.6m | $73.6m | $72.5m | $72.6m |
| Cash and short-term investments | $25.1m | $34.5m | $36.8m | $23.8m | $36.2m | $34.4m | $35.0m | $37.6m |
| Debt | $699,511 | $670,825 | $642,422 | $673,482 | $16.0m | $18.9m | $18.8m | $18.6m |
| Shareholders' equity | $8.0m | $15.0m | $23.2m | $1.3m | −$1.8m | −$2.3m | −$5.5m | −$7.7m |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 17.7% | 39.1% | 66.0% |
| Operating income | -42.2% | -33.2% | 40.2% |
| Net income | -46.2% | -34.8% | 60.7% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 84.4% | 85.1% | 84.2% | 83.8% |
| Operating margin | -5.9% | -11.5% | -24.0% | -24.0% |
| Net margin | -6.4% | -13.6% | -26.4% | -26.2% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | -22.4 | -6.1 | -8.2 | -0.7 | -0.9 | -0.8 | -0.7 | -1.9 | -4.3 | -3.1 |
| Price to sales | 0.8 | 0.5 | 1.1 | 0.3 | 0.6 | 1.2 | 0.2 | 0.3 | 1.0 | 0.7 |
Share price return
Finished calendar years
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Return | 13% | -34% | 274% | -46% | -45% | 1631% | -32% | -58% | 80% | 285% |
Dividends and splits
Per share, in the currency the company pays
Paid for 0 years.
- 5-to-1 reverse split · 14 Oct 2020
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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