N 
2.02
+3.06%
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
$257.6m
FY2019FY2025
Net income
−$54.2m
FY2019FY2025
Free cash flow
$5.9m
FY2019FY2025
Shareholders' equity
$431.3m
FY2019FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | |
|---|---|---|---|---|---|---|---|
| Revenue | $257.6m | $247.3m | $218.3m | $212.8m | $192.2m | $123.3m | $82.6m |
| Gross profit | $216.7m | $205.4m | $176.7m | $173.8m | $163.4m | $101.7m | $68.8m |
| Research and development | $135.2m | $127.9m | $150.0m | $127.1m | $97.1m | $69.2m | $42.6m |
| Operating income | −$71.9m | −$121.6m | −$172.3m | −$144.2m | −$94.8m | −$76.7m | −$75.5m |
| Net income | −$54.2m | −$98.1m | −$147.8m | −$137.9m | −$95.3m | −$75.2m | −$73.3m |
| Diluted earnings per share | -0.14 | -0.26 | -0.38 | -0.37 | -0.34 | -0.27 | -2.62 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | |
|---|---|---|---|---|---|---|---|
| Total assets | $486.8m | $514.0m | $654.6m | $699.6m | $840.1m | $217.7m | $220.9m |
| Cash and short-term investments | $404.8m | $427.0m | $531.1m | $583.3m | $715.8m | $137.0m | $172.5m |
| Total liabilities | $55.5m | $60.5m | $96.0m | $88.5m | $95.1m | $515.6m | $31.0m |
| Debt | $8.9m | — | — | — | — | $3.3m | $3.1m |
| Shareholders' equity | $431.3m | $453.5m | $558.6m | $611.1m | $745.0m | −$297.9m | $189.9m |
| Shares outstanding | 386m | 382m | 386m | 370m | 276m | 275m | 28m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | |
|---|---|---|---|---|---|---|---|
| Cash from operations | $6.5m | −$20.2m | −$59.3m | −$60.5m | −$51.3m | −$41.6m | −$64.0m |
| Capital spending | −$580,000 | −$404,000 | −$267,000 | −$3.2m | −$8.8m | −$5.0m | −$517,000 |
| Free cash flow | $5.9m | −$20.6m | −$59.5m | −$63.7m | −$60.1m | −$46.6m | −$64.5m |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $74.6m | $61.7m | $69.5m | $68.9m | $65.1m | $54.2m | $65.2m | $65.6m |
| Gross profit | $63.1m | $50.6m | $59.0m | $58.5m | $54.5m | $44.7m | $54.8m | $54.5m |
| Operating income | −$5.7m | −$15.3m | −$7.4m | −$17.2m | −$20.3m | −$27.0m | −$17.1m | −$20.8m |
| Net income | −$2.1m | −$11.4m | −$4.0m | −$12.9m | −$15.4m | −$22.0m | −$12.1m | −$14.9m |
| Diluted earnings per share | -0.01 | -0.03 | -0.01 | -0.03 | -0.04 | -0.06 | -0.03 | -0.04 |
| Cash from operations | $8.0m | $1.0m | $9.0m | −$6.0m | $2.0m | — | $11.0m | −$12.0m |
| Total assets | $461.9m | $452.5m | $486.8m | $488.9m | $490.4m | $495.0m | $514.0m | $517.7m |
| Cash and short-term investments | $378.0m | $373.2m | $404.8m | $403.3m | $413.3m | $417.9m | $427.0m | $424.7m |
| Debt | $8.8m | $8.9m | $8.9m | $8.9m | $9.0m | $8.7m | $8.5m | $8.3m |
| Shareholders' equity | $410.6m | $401.5m | $431.3m | $429.7m | $429.5m | $436.1m | $453.5m | $456.0m |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 6.6% | 15.9% | — |
| Operating income | -20.7% | -1.3% | — |
| Net income | -26.8% | -6.3% | — |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 83.6% | 82.5% | 82.9% | — |
| Operating margin | -38.3% | -54.5% | -54.5% | — |
| Net margin | -30.2% | -46.8% | -48.6% | — |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|
| Price to earnings | -15.0 | -9.2 | -4.9 | -5.5 | -22.9 |
| Price to sales | 3.1 | 3.7 | 3.4 | 3.6 | 11.3 |
Share price return
Finished calendar years
| 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|
| Return | -8% | 12% | 7% | -76% | -38% |
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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