P 
40.63
+8.03%
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
$219.0m
FY2016FY2025
Net income
−$640,000
FY2016FY2025
Free cash flow
−$8.6m
FY2016FY2025
Shareholders' equity
$271.0m
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $219.0m | $179.5m | $165.8m | $148.5m | $111.1m | $88.0m | $85.6m | $85.8m | $101.9m | $107.5m |
| Research and development | $67.9m | $55.9m | $53.0m | $58.3m | $45.9m | $35.4m | $32.7m | $28.0m | $30.1m | $27.6m |
| Operating income | $5.8m | −$504,000 | −$1.1m | −$3.0m | −$16.6m | −$16.8m | −$7.5m | −$10.0m | $190,000 | $13.0m |
| Net income | −$640,000 | $4.1m | $3.1m | −$3.4m | −$21.5m | −$40.4m | −$5.4m | −$7.7m | −$1.3m | $9.1m |
| Diluted earnings per share | -0.02 | 0.10 | 0.08 | -0.09 | -0.58 | -1.10 | -0.17 | -0.24 | -0.04 | 0.27 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | $418.7m | $315.3m | $290.1m | $278.7m | $273.8m | $287.6m | $239.5m | $225.9m | $224.2m | $222.3m |
| Cash and short-term investments | $42.2m | $114.9m | $135.5m | $139.2m | $140.2m | $145.3m | $97.6m | $96.1m | $101.3m | $116.8m |
| Total liabilities | $147.7m | $69.3m | $61.2m | $68.7m | $54.2m | $53.1m | $43.4m | $26.1m | $25.8m | $23.5m |
| Debt | $67.0m | — | — | — | — | — | — | — | — | — |
| Shareholders' equity | $271.0m | $246.0m | $228.9m | $210.0m | $219.6m | $234.5m | $196.2m | $199.8m | $198.4m | $198.8m |
| Shares outstanding | 40m | 39m | 39m | 38m | 37m | 37m | 32m | 32m | 32m | 33m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | $24.1m | $9.7m | $14.6m | $32.3m | $4.2m | $21.8m | $24.6m | $13.3m | $10.5m | $2.0m |
| Capital spending | −$32.6m | −$17.2m | −$11.5m | −$8.6m | −$4.1m | −$7.0m | −$10.6m | −$13.1m | −$10.3m | −$11.3m |
| Free cash flow | −$8.6m | −$7.5m | $3.1m | $23.7m | $190,000 | $14.8m | $14.0m | $222,000 | $290,000 | −$9.3m |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $61.5m | $60.1m | $62.4m | $57.1m | $51.7m | $47.8m | $50.1m | $46.4m |
| Operating income | $5.1m | $6.3m | $3.5m | $4.8m | $1.1m | −$3.6m | $111,000 | $2.1m |
| Net income | $4.3m | $4.8m | −$48,000 | $1.3m | $1.1m | −$3.0m | $539,000 | $2.2m |
| Diluted earnings per share | 0.10 | 0.11 | -0.00 | 0.03 | 0.03 | -0.08 | 0.01 | 0.06 |
| Cash from operations | $16.0m | $1.0m | $17.0m | $3.0m | −$5.0m | $8.0m | $1.0m | $9.0m |
| Capital spending | −$14.0m | −$10.0m | −$9.0m | −$6.0m | −$8.0m | −$8.0m | −$5.0m | −$4.0m |
| Free cash flow | $2.0m | −$9.0m | $8.0m | −$3.0m | −$13.0m | $0 | −$4.0m | $5.0m |
| Total assets | $519.2m | $430.6m | $418.7m | $406.4m | $391.1m | $390.0m | $315.3m | $307.4m |
| Cash and short-term investments | $114.9m | $31.2m | $42.2m | $35.9m | $40.4m | $54.1m | $114.9m | $120.2m |
| Debt | $68.6m | $68.5m | $69.0m | $69.5m | $69.9m | $70.2m | $1.7m | $1.7m |
| Shareholders' equity | $372.5m | $280.5m | $271.0m | $264.4m | $257.5m | $249.0m | $246.0m | $240.5m |
Financial ratios
Data as of 3 Nov 2026
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|
| Operating margin | 3.3% | 0.5% | -0.1% | -1.4% | -14.2% | -19.1% |
| Net margin | -0.3% | 2.3% | 1.9% | -2.3% | -19.3% | -45.8% |
| Return on equity | -0.2% | 1.6% | 1.4% | -1.6% | -9.8% | -17.2% |
| Return on assets | -0.2% | 1.3% | 1.1% | -1.2% | -7.8% | -14.0% |
| Free cash flow yield | 3.7% | 1.8% | 1.7% | 2.7% | 0.6% | 2.0% |
| Revenue growth | 22.0% | 8.2% | 11.6% | 33.8% | 26.1% | 2.9% |
| Earnings growth | -115.8% | 30.7% | -190.6% | -84.0% | -46.8% | 645.0% |
| Current ratio | 2.28x | 3.40x | 3.89x | 3.32x | 4.30x | 4.58x |
| Debt to equity | 0.25x | 0.01x | 0.01x | 0.01x | 0.01x | 0.01x |
| Equity ratio | 64.7% | 78.0% | 78.9% | 75.4% | 80.2% | 81.5% |
| Interest coverage | 1.81x | 0.17x | -0.03x | -0.82x | -23.16x | -13.23x |
| R&D as a share of sales | 31.0% | 31.1% | 32.0% | 39.3% | 41.3% | 40.2% |
| Buybacks as a share of market value | -1.1% | -0.7% | -1.4% | -2.5% | -1.7% | -13.3% |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 13.8% | 20.0% | 8.4% |
| Operating income | — | — | -11.2% |
| Net income | -42.9% | -56.3% | — |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Operating margin | 1.3% | 0.2% | -3.5% | -1.2% |
| Net margin | 0.9% | 0.4% | -6.4% | -3.7% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | -1761.9 | 261.0 | 401.8 | -318.4 | -55.3 | -19.6 | -101.1 | -35.3 | -375.4 | 82.5 |
| Price to sales | 5.2 | 5.9 | 7.5 | 7.3 | 10.7 | 9.0 | 6.4 | 3.2 | 4.9 | 7.0 |
Market value over time
30 Dec 2016 to 2 Nov 2026, in USD
$730.0m$1.63bn
Share price return
Finished calendar years
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Return | -6% | -8% | 8% | 1% | 35% | 33% | 96% | -50% | -30% | 130% |
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.