P 
2.80
+9.37%
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
$90.5m
FY2016FY2025
Net income
−$54.0m
FY2016FY2025
Free cash flow
−$32.9m
FY2016FY2025
Shareholders' equity
$54.1m
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $90.5m | $83.8m | $68.7m | $53.7m | $48.4m | $32.7m | $32.6m | $20.0m | — | $8,800 |
| Gross profit | $67.1m | $62.0m | $50.8m | $39.9m | $35.6m | $21.2m | $22.4m | $12.3m | — | −$1,393 |
| Research and development | $19.5m | $17.6m | $18.1m | $15.4m | $13.1m | $7.5m | $6.0m | $7.0m | $1.6m | $1.2m |
| Operating income | −$53.7m | −$57.7m | −$61.9m | −$58.6m | −$47.9m | −$32.3m | −$18.5m | −$15.9m | −$5.2m | −$2.5m |
| Net income | −$54.0m | −$56.4m | −$60.8m | −$58.9m | −$48.7m | −$32.2m | −$20.7m | −$18.5m | −$5.4m | −$2.8m |
| Diluted earnings per share | -1.30 | -1.44 | -1.59 | -1.58 | -1.33 | -0.95 | -1.00 | -9.24 | -0.13 | -0.07 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | $129.3m | $162.8m | $177.8m | $193.7m | $235.2m | $263.7m | $53.5m | $15.0m | $1.5m | $577,967 |
| Cash and short-term investments | $70.0m | $101.5m | $117.1m | $141.1m | $180.0m | $231.8m | $28.3m | $4.1m | — | — |
| Total liabilities | $75.2m | $77.0m | $59.5m | $39.7m | $41.9m | $37.6m | $240.9m | $182.3m | $1.5m | $3.4m |
| Debt | $56.4m | $56.5m | $41.4m | $24.4m | $26.5m | $27.2m | $227.2m | $33.6m | $1.2m | $2.7m |
| Shareholders' equity | $54.1m | $85.8m | $118.3m | $154.0m | $193.2m | $226.1m | −$187.4m | −$167.3m | −$63,176 | −$2.8m |
| Shares outstanding | 41m | 39m | 38m | 37m | 37m | 34m | 21m | 2m | 42m | 42m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | −$32.4m | −$31.5m | −$37.6m | −$45.1m | −$41.4m | −$30.6m | −$20.8m | −$18.4m | −$4.6m | −$2.0m |
| Capital spending | −$452,000 | −$1.4m | −$807,000 | −$1.3m | −$3.7m | −$911,000 | −$720,000 | −$316,000 | −$27,195 | −$27,195 |
| Free cash flow | −$32.9m | −$33.0m | −$38.4m | −$46.5m | −$45.1m | −$31.5m | −$21.5m | −$18.7m | −$4.7m | −$2.1m |
| Dividends paid | — | — | −$21.4m | — | — | −$21,000 | −$46.2m | — | — | — |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $22.8m | $20.6m | $22.6m | $21.5m | $23.9m | $22.5m | $23.8m | $20.4m |
| Gross profit | $17.7m | $16.0m | $17.5m | $16.1m | $17.2m | $16.3m | $17.6m | $15.0m |
| Operating income | −$9.1m | −$12.9m | −$9.9m | −$14.4m | −$14.9m | −$14.6m | −$13.4m | −$14.1m |
| Net income | −$10.1m | −$13.7m | −$10.4m | −$14.0m | −$15.2m | −$14.4m | −$13.2m | −$14.1m |
| Diluted earnings per share | -0.24 | -0.32 | -0.25 | -0.34 | -0.37 | -0.35 | -0.34 | -0.36 |
| Cash from operations | −$5.0m | −$10.0m | −$7.0m | −$8.0m | −$3.0m | −$13.0m | −$6.0m | −$7.0m |
| Total assets | $114.7m | $120.0m | $129.3m | $138.3m | $147.2m | $150.7m | $162.8m | $167.4m |
| Cash and short-term investments | $55.8m | $61.6m | $70.0m | $76.5m | $84.2m | $88.7m | $101.5m | $107.8m |
| Debt | $38.8m | $38.6m | $38.3m | $38.3m | $38.2m | $38.3m | $38.0m | $38.6m |
| Shareholders' equity | $39.2m | $45.8m | $54.1m | $60.0m | $69.1m | $77.7m | $85.8m | $93.9m |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 19.0% | 22.6% | 132.7% |
| Operating income | -2.9% | 10.7% | 35.9% |
| Net income | -2.9% | 10.9% | 34.4% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 74.1% | 74.1% | 73.2% | — |
| Operating margin | -63.9% | -78.2% | -82.6% | — |
| Net margin | -63.3% | -77.6% | -82.3% | — |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|
| Price to earnings | -1.7 | -2.8 | -4.7 | -3.1 | -5.5 | -16.6 |
| Price to sales | 1.0 | 1.9 | 4.2 | 3.4 | 5.5 | 16.3 |
Share price return
Finished calendar years
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
| Return | -29% | -50% | 74% | -42% | -45% | 42% |
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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