P 
21.81
+6.13%
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
$455.5m
FY2016FY2025
Net income
−$84.5m
FY2016FY2025
Free cash flow
−$30.5m
FY2016FY2025
Shareholders' equity
$825.1m
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $455.5m | $350.0m | $276.7m | $262.3m | $282.9m | $213.8m | $187.2m | $201.2m | $232.6m | $229.7m |
| Gross profit | $198.0m | $146.1m | $89.4m | $81.7m | $62.1m | $39.3m | $37.4m | $38.5m | $51.0m | $46.2m |
| Research and development | $81.8m | $67.3m | $58.4m | $48.6m | $34.6m | $19.3m | $13.4m | $12.4m | $12.0m | $11.6m |
| Operating income | −$75.7m | −$84.5m | −$72.9m | −$70.1m | −$67.1m | −$31.3m | −$14.6m | −$9.6m | −$804,000 | $2.2m |
| Net income | −$84.5m | −$5.0m | −$69.8m | −$69.3m | −$75.8m | −$36.6m | −$15.6m | −$24.1m | −$3.4m | $1.8m |
| Diluted earnings per share | -2.09 | -0.13 | -2.49 | -2.56 | -2.82 | -1.69 | -0.94 | -1.50 | -0.21 | 0.11 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | $1.37bn | $1.38bn | $802.6m | $854.9m | $888.1m | $343.7m | $189.6m | $94.7m | $114.6m | $124.5m |
| Cash and short-term investments | $80.1m | $108.6m | $74.4m | $110.6m | $188.4m | $180.7m | $28.0m | $3.5m | $6.6m | $9.1m |
| Total liabilities | $544.0m | $509.0m | $469.5m | $479.7m | $383.8m | $155.3m | $116.8m | $48.7m | $45.6m | $54.9m |
| Debt | $395.9m | $368.4m | $377.6m | $389.2m | $306.6m | $106.5m | $63.0m | $7.8m | $1.3m | $600,000 |
| Shareholders' equity | $825.1m | $871.7m | $333.1m | $375.2m | $504.3m | $188.4m | $72.8m | $45.9m | $69.0m | $69.6m |
| Shares outstanding | 40m | 37m | 28m | 27m | 27m | 22m | 17m | 16m | 16m | 16m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | −$27.2m | −$25.2m | −$17.1m | −$43.1m | −$53.2m | −$20.2m | −$16.1m | −$3.8m | $314,000 | $11.0m |
| Capital spending | −$3.3m | −$6.8m | −$10.4m | −$7.6m | −$8.3m | −$1.3m | −$6.5m | −$7.8m | −$5.1m | −$3.4m |
| Free cash flow | −$30.5m | −$32.0m | −$27.4m | −$50.7m | −$61.4m | −$21.5m | −$22.7m | −$11.7m | −$4.8m | $7.6m |
| Dividends paid | — | — | — | −$2.6m | −$442.5m | — | −$1.4m | — | — | — |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $133.4m | $124.0m | $120.1m | $119.2m | $112.4m | $103.9m | $105.0m | $96.8m |
| Gross profit | $56.6m | $51.1m | $36.1m | $49.2m | $51.0m | $48.3m | $45.0m | $43.0m |
| Operating income | −$12.1m | −$16.5m | −$18.4m | −$17.0m | −$18.7m | −$21.6m | −$20.1m | −$16.6m |
| Net income | −$16.9m | −$16.2m | −$20.9m | −$18.2m | −$21.0m | −$24.4m | −$21.1m | −$19.8m |
| Diluted earnings per share | -0.41 | -0.39 | -0.52 | -0.45 | -0.52 | -0.60 | -0.57 | -0.53 |
| Cash from operations | $7.0m | −$16.0m | −$11.0m | $8.0m | −$6.0m | −$17.0m | $3.0m | $8.0m |
| Capital spending | −$3.0m | −$2.0m | −$3.0m | −$3.0m | −$2.0m | −$1.0m | — | −$1.0m |
| Free cash flow | $4.0m | −$18.0m | −$14.0m | $5.0m | −$8.0m | −$18.0m | — | $7.0m |
| Total assets | $1.37bn | $1.39bn | $1.37bn | $1.38bn | $1.39bn | $1.38bn | $1.38bn | $1.30bn |
| Cash and short-term investments | $14.7m | $77.8m | $80.1m | $93.0m | $85.7m | $92.2m | $108.6m | $118.4m |
| Debt | $424.4m | $426.5m | $395.9m | $395.5m | $394.9m | $394.5m | $370.6m | $468.9m |
| Shareholders' equity | $813.8m | $826.4m | $825.1m | $838.0m | $859.1m | $852.0m | $871.7m | $692.7m |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 20.2% | 16.3% | 7.1% |
| Operating income | 2.6% | 19.3% | — |
| Net income | 6.8% | 18.2% | 57.6% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 42.7% | 38.3% | 33.5% | 28.6% |
| Operating margin | -19.9% | -22.5% | -21.8% | -14.3% |
| Net margin | -11.1% | -17.0% | -18.5% | -13.1% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | -17.4 | -542.0 | -17.5 | -10.2 | -18.7 | -37.1 | -32.7 | -14.5 | -44.3 | 49.5 |
| Price to sales | 3.2 | 7.7 | 4.4 | 2.7 | 5.0 | 6.3 | 2.7 | 1.7 | 0.7 | 0.4 |
Share price return
Finished calendar years
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Return | -52% | 71% | 106% | -56% | -23% | 109% | 73% | 92% | 73% | -17% |
Dividends and splits
Per share, in the currency the company pays
Paid for 0 years.
- 3-for-2 split · 9 Jan 2006
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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