P 
4.72
+0.85%
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
$235.1m
FY2018FY2025
Net income
−$28.6m
FY2018FY2025
Free cash flow
$25.4m
FY2018FY2025
Shareholders' equity
$227.9m
FY2018FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $235.1m | $289.4m | $310.9m | $290.3m | $287.4m | $269.9m | $239.4m | $195.5m |
| Research and development | $58.4m | $67.7m | $70.3m | $63.3m | $61.3m | $51.7m | $60.1m | $43.3m |
| Operating income | −$20.4m | −$32.9m | −$10.5m | −$28.1m | $92,000 | $11.3m | $18.4m | $8.6m |
| Net income | −$28.6m | −$28.7m | −$19.4m | −$17.8m | $10.7m | $12.8m | $13.6m | $3.4m |
| Diluted earnings per share | -0.23 | -0.23 | -0.14 | -0.14 | 0.08 | 0.13 | 0.05 | 0.03 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | |
|---|---|---|---|---|---|---|---|---|
| Total assets | $290.6m | $323.0m | $366.3m | $352.0m | $334.8m | $134.5m | $99.3m | $92.3m |
| Cash and short-term investments | $104.9m | $109.2m | $132.9m | $134.0m | $213.5m | $48.9m | $31.0m | $27.6m |
| Total liabilities | $62.8m | $78.2m | $78.0m | $49.7m | $31.4m | $38.4m | $19.0m | $27.2m |
| Debt | $7.7m | $10.1m | $9.9m | $16.2m | — | — | — | $1.9m |
| Shareholders' equity | $227.9m | $244.7m | $288.4m | $302.3m | $303.5m | $96.1m | $80.3m | $65.1m |
| Shares outstanding | 126m | 125m | 134m | 131m | 139m | 99m | 255m | 128m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | |
|---|---|---|---|---|---|---|---|---|
| Cash from operations | $26.3m | $45.7m | $51.7m | $33.4m | $33.9m | $48.4m | $36.1m | $36.7m |
| Capital spending | −$968,000 | −$4.0m | −$32.5m | −$33.4m | −$40.9m | −$27.0m | −$25.3m | −$3.6m |
| Free cash flow | $25.4m | $41.8m | $19.3m | $4,000 | −$7.0m | $21.4m | $10.8m | $33.2m |
| Dividends paid | — | — | — | −$3.5m | — | — | — | — |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $55.0m | $58.4m | $55.4m | $57.6m | $59.3m | $62.7m | $67.8m | $71.2m |
| Operating income | −$9.5m | −$8.7m | −$9.0m | −$7.9m | −$3.5m | −$2.7m | −$22.4m | −$4.8m |
| Net income | −$13.3m | −$10.7m | −$13.7m | −$9.1m | −$2.9m | −$2.9m | −$22.4m | −$3.1m |
| Diluted earnings per share | -0.10 | -0.08 | -0.11 | -0.07 | -0.02 | -0.02 | -0.18 | -0.02 |
| Cash from operations | $8.0m | $3.0m | $3.0m | $5.0m | $13.0m | $3.0m | $11.0m | $14.0m |
| Capital spending | — | — | — | −$7.0m | −$4.0m | −$3.0m | −$4.0m | −$5.0m |
| Free cash flow | — | — | — | −$2.0m | $9.0m | $0 | $7.0m | $9.0m |
| Total assets | $271.1m | $282.4m | $290.6m | $299.2m | $316.2m | $313.8m | $323.0m | $330.6m |
| Cash and short-term investments | $102.7m | $103.7m | $104.9m | $106.3m | $112.9m | $107.1m | $109.2m | $105.2m |
| Debt | $3.2m | $3.7m | $3.7m | $3.8m | $3.6m | $3.2m | $3.4m | $3.5m |
| Shareholders' equity | $207.7m | $219.3m | $227.9m | $238.9m | $245.3m | $244.1m | $244.7m | $265.2m |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | -6.8% | -2.7% | — |
| Operating income | -10.0% | — | — |
| Net income | 17.2% | — | — |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Operating margin | -10.2% | -8.2% | -4.8% | — |
| Net margin | -10.9% | -8.4% | -4.2% | — |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|
| Price to earnings | -28.7 | -80.9 | -187.6 | -285.4 | — | — |
| Price to sales | 3.5 | 8.0 | 11.7 | 17.5 | 19.1 | 37.9 |
Share price return
Finished calendar years
| 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|
| Return | -65% | -28% | -25% | -2% | -64% |
Dividends and splits
Per share, in the currency the company pays
Paid for 0 years.
- 10-to-1 reverse split · 1 Oct 2026
- 1-to-1 reverse split · 22 Jun 2021
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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