M 
2.50
+5.93%
Close of 9 Nov 2026, in USD
Search any instrument
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
$179.9m
FY2016FY2025
Net income
−$29.7m
FY2016FY2025
Free cash flow
−$54.2m
FY2016FY2025
Shareholders' equity
$248.3m
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $179.9m | $231.7m | $230.1m | $337.7m | $474.2m | $507.1m | $520.7m | $750.9m | $679.7m | $688.0m |
| Gross profit | $32.4m | $51.9m | $51.6m | $101.3m | $153.5m | $128.3m | $116.4m | $198.1m | $187.9m | $156.2m |
| Research and development | $27.3m | $51.2m | $51.6m | $52.3m | $51.2m | $45.7m | $45.0m | $78.0m | $70.5m | $72.2m |
| Operating income | −$30.0m | −$53.0m | −$57.6m | −$5.2m | $83.4m | $27.0m | $23.7m | $23.0m | $35.6m | $2.7m |
| Net income | −$29.7m | −$54.3m | −$36.6m | −$8.0m | $56.7m | $345.0m | −$21.8m | −$3.9m | $84.9m | −$29.6m |
| Diluted earnings per share | -0.83 | -1.47 | -0.94 | -0.18 | 1.19 | 7.33 | -0.47 | -0.11 | 1.86 | -0.84 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | $351.5m | $379.3m | $420.5m | $516.6m | $583.7m | $571.7m | $595.3m | $583.2m | $558.8m | $442.0m |
| Cash and short-term investments | $103.8m | $138.6m | $158.1m | $225.5m | $279.5m | $279.9m | $151.7m | $132.4m | $128.6m | $83.4m |
| Total liabilities | $103.3m | $102.5m | $75.9m | $88.5m | $130.9m | $226.1m | $610.3m | $600.5m | $598.4m | $514.1m |
| Debt | $46.7m | $30.4m | $4.8m | $5.5m | $4.3m | $88.1m | $306.6m | $365.0m | $365.4m | $293.7m |
| Shareholders' equity | $248.3m | $276.8m | $344.6m | $428.2m | $452.8m | $345.6m | −$15.0m | −$17.3m | −$39.6m | −$72.1m |
| Shares outstanding | 36m | 37m | 39m | 45m | 48m | 47m | 46m | 35m | 46m | 35m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | −$24.2m | −$6.1m | −$3.0m | $5.2m | $87.7m | $7.5m | $50.5m | $39.2m | −$18.4m | $7.6m |
| Capital spending | −$30.0m | −$11.6m | −$7.2m | −$23.8m | −$32.8m | −$36.8m | −$24.1m | −$34.2m | −$33.9m | −$19.8m |
| Free cash flow | −$54.2m | −$17.7m | −$10.2m | −$18.6m | $54.9m | −$29.4m | $26.4m | $5.0m | −$52.3m | −$12.1m |
| Dividends paid | — | — | −$493,000 | — | −$4.3m | −$3.9m | −$2.9m | — | — | — |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $44.7m | $46.2m | $41.0m | $45.9m | $45.9m | $44.2m | $63.0m | $66.5m |
| Gross profit | $8.6m | $7.2m | $4.2m | $8.5m | $8.0m | $8.8m | $15.9m | $15.5m |
| Operating income | −$8.0m | −$7.2m | −$12.0m | −$7.5m | −$8.8m | −$6.8m | −$15.7m | −$11.0m |
| Net income | −$4.8m | −$4.6m | −$8.1m | −$13.1m | $323,000 | −$8.9m | −$16.3m | −$9.6m |
| Diluted earnings per share | -0.13 | -0.13 | -0.22 | -0.36 | 0.01 | -0.25 | -0.44 | -0.26 |
| Cash from operations | −$4.0m | $1.0m | $5.0m | — | −$25.0m | −$4.0m | $11.0m | −$12.0m |
| Capital spending | −$1.0m | −$3.0m | −$10.0m | −$7.0m | −$11.0m | — | −$7.0m | −$2.0m |
| Free cash flow | −$5.0m | −$2.0m | −$5.0m | — | −$36.0m | — | $4.0m | −$14.0m |
| Total assets | $324.9m | $335.5m | $351.5m | $359.6m | $370.5m | $373.9m | $379.3m | $411.4m |
| Cash and short-term investments | $87.9m | $94.6m | $103.8m | $108.0m | $113.3m | $132.7m | $138.6m | $151.1m |
| Debt | $42.7m | $43.6m | $46.2m | $40.4m | $38.1m | $29.0m | $28.6m | $32.1m |
| Shareholders' equity | $226.5m | $232.8m | $248.3m | $255.3m | $270.2m | $269.2m | $276.8m | $299.6m |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | -18.9% | -18.7% | -11.8% |
| Operating income | 78.8% | — | -3.5% |
| Net income | 54.7% | — | -10.0% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 20.5% | 24.2% | 26.5% | 25.1% |
| Operating margin | -20.2% | -14.9% | -1.8% | 0.1% |
| Net margin | -20.4% | -13.1% | 13.9% | 4.2% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | -3.1 | -2.7 | -8.0 | -52.3 | 17.6 | 1.8 | -24.5 | -55.1 | 5.3 | -7.3 |
| Price to sales | 0.5 | 0.6 | 1.3 | 1.2 | 2.1 | 1.3 | 1.0 | 0.3 | 0.7 | 0.3 |
Share price return
Finished calendar years
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Return | -32% | -48% | -16% | -53% | 42% | 9% | 84% | -37% | 57% | 28% |
Dividends and splits
Per share, in the currency the company pays
Paid for 0 years. Last went ex-dividend on 14 Sept 2015.
| FY2015 | |
|---|---|
| Paid in the year | 0.275 |
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
Nothing here is investment advice. Prices can be delayed or wrong, so check with the exchange before relying on them. Data for this page. How we cover markets.