E 
35.77
+6.74%
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
$387.6m
FY2016FY2025
Net income
$71.2m
FY2016FY2025
Free cash flow
$29.9m
FY2016FY2025
Shareholders' equity
−$24.1m
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $387.6m | $254.9m | $159.8m | $10.4m | — | $10.5m | $420,000 | — | — | — |
| Gross profit | $380.9m | $248.4m | $153.9m | — | — | — | — | — | — | — |
| Research and development | — | — | — | $42.8m | $23.3m | $17.3m | $14.1m | $20.4m | $30.1m | $42.9m |
| Operating income | $72.9m | $48.7m | −$2.9m | −$46.4m | −$34.0m | −$15.9m | −$23.0m | −$32.8m | −$47.1m | −$57.9m |
| Net income | $71.2m | $48.8m | $1.7m | −$45.3m | −$33.8m | −$16.2m | −$23.6m | −$34.5m | −$48.2m | −$57.9m |
| Diluted earnings per share | 1.14 | 0.78 | 0.03 | -1.60 | -1.77 | -1.77 | -7.03 | -16.13 | -26.20 | -34.23 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | $515.3m | $395.9m | $279.7m | $95.8m | $115.5m | $38.7m | $36.2m | $52.7m | $89.4m | $80.5m |
| Cash and short-term investments | $126.0m | — | — | $66.1m | $107.9m | $31.7m | $31.1m | $49.5m | $85.1m | $72.1m |
| Total liabilities | $539.5m | $503.0m | $438.8m | $24.3m | $6.2m | $7.1m | $15.0m | $19.1m | $25.1m | $17.7m |
| Debt | $1.1m | — | $1.9m | $1.3m | — | — | $8.7m | $16.0m | $19.7m | $9.5m |
| Shareholders' equity | −$24.1m | −$107.2m | −$159.2m | $71.5m | $109.3m | $31.7m | $21.2m | $33.7m | $64.2m | $62.8m |
| Shares outstanding | 63m | 63m | 63m | 28m | 19m | 9m | 3m | 2m | 2m | 2m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | $36.2m | −$10.9m | −$37.1m | −$41.9m | −$33.1m | −$15.3m | −$20.0m | −$31.1m | −$42.4m | −$52.9m |
| Capital spending | −$6.3m | −$4.6m | −$4.9m | −$1.6m | −$190,000 | −$200,000 | −$80,000 | −$590,000 | −$1.3m | −$600,000 |
| Free cash flow | $29.9m | −$15.5m | −$42.0m | −$43.5m | −$33.3m | −$15.5m | −$20.1m | −$31.6m | −$43.7m | −$53.5m |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Mar 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $189.6m | $193.1m | $110.1m | $93.8m | $88.8m | $94.9m | $66.5m | $235,000 |
| Gross profit | $182.4m | $189.9m | $108.0m | $89.0m | $84.6m | $93.3m | $65.0m | — |
| Operating income | $18.1m | −$163.3m | $24.5m | $17.1m | $18.8m | $12.5m | $12.5m | −$16.6m |
| Net income | $19.5m | −$166.4m | $24.6m | $15.9m | $18.5m | $12.2m | $9.5m | −$15.5m |
| Diluted earnings per share | 0.30 | -2.53 | 0.39 | 0.25 | 0.30 | 0.20 | 0.15 | -0.23 |
| Cash from operations | $35.0m | $31.0m | $4.0m | $7.0m | $13.0m | $10.0m | $2.0m | — |
| Capital spending | −$1.0m | −$1.0m | −$4.0m | — | −$1.0m | −$1.0m | −$1.0m | — |
| Free cash flow | $34.0m | $30.0m | $0 | — | $12.0m | $9.0m | $1.0m | — |
| Total assets | $696.1m | $619.4m | $515.3m | $488.3m | $466.2m | — | $395.9m | $113.3m |
| Cash and short-term investments | $168.3m | $144.6m | $126.0m | $129.7m | $129.0m | — | — | $84.5m |
| Debt | $10.5m | $11.9m | $1.1m | $1.0m | $13.0m | — | — | $1.3m |
| Shareholders' equity | $476.2m | $441.3m | −$24.1m | −$48.9m | $339.0m | — | −$107.2m | $84.5m |
Financial ratios
Data as of 2 Nov 2026
| FY2025 | FY2024 | FY2023 | |
|---|---|---|---|
| Gross margin | 98.3% | 97.4% | 96.3% |
| Operating margin | 20.4% | 21.4% | 1.9% |
| Net margin | 18.4% | 19.2% | 1.1% |
| Return on equity | -295.0% | -45.6% | -1.1% |
| Return on assets | 13.8% | 12.3% | 0.6% |
| Free cash flow yield | 1.6% | -0.2% | — |
| Revenue growth | 52.0% | 59.6% | — |
| Earnings growth | 45.7% | 2791.2% | — |
| Current ratio | 2.17x | 2.59x | 5.49x |
| Debt to equity | -0.05x | — | — |
| Equity ratio | -4.7% | -27.1% | -56.9% |
| Interest coverage | 24.89x | 91.65x | 4.15x |
| Buybacks as a share of market value | 0.0% | — | — |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 234.1% | 106.0% | — |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 97.9% | — | — | — |
| Operating margin | 18.9% | 8.9% | — | — |
| Net margin | 18.7% | 9.4% | — | — |
Market value over time
29 May 2015 to 14 Oct 2026, in USD
$516.2m$2.56bn
Dividends and splits
Per share, in the currency the company pays
Paid for 0 years.
- 14-to-1 reverse split · 1 Jul 2019
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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