P 
2.57
+1.18%
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
$52.7m
FY2016FY2025
Net income
−$6.6m
FY2016FY2025
Free cash flow
−$13.6m
FY2016FY2025
Shareholders' equity
$48.2m
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $52.7m | $53.4m | $65.5m | $47.6m | $38.4m | $62.9m | $54.7m | $34.2m | $21.1m | $9.2m |
| Gross profit | $25.2m | $29.1m | $42.5m | $28.0m | $22.0m | $52.0m | $43.8m | $24.9m | $5.8m | $801,000 |
| Research and development | $19.1m | $13.0m | $17.1m | $29.3m | $29.7m | $38.2m | $44.6m | $33.3m | $28.8m | $30.4m |
| Operating income | −$5.5m | $3.9m | $12.4m | −$13.0m | −$20.5m | $2.7m | −$10.7m | −$19.3m | −$73.7m | −$33.2m |
| Net income | −$6.6m | $2.9m | $8.3m | −$14.9m | −$27.6m | −$6.5m | −$18.3m | −$26.5m | −$83.4m | −$29.4m |
| Diluted earnings per share | -0.08 | 0.04 | 0.11 | -0.29 | -0.61 | -0.20 | -1.23 | -1.78 | -5.74 | -2.36 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | $82.3m | $73.4m | $84.4m | $55.8m | $73.7m | $67.9m | $45.4m | $61.1m | $72.2m | $82.2m |
| Cash and short-term investments | $30.3m | $34.8m | $44.6m | $22.2m | $39.0m | $38.5m | $17.8m | $37.8m | $51.2m | $63.3m |
| Total liabilities | $34.1m | $30.2m | $50.9m | $66.4m | $79.7m | $95.0m | $115.7m | $114.0m | $103.5m | $92.2m |
| Debt | $1.4m | — | $20.3m | $28.2m | $27.9m | $58.6m | $55.8m | $53.3m | $57.2m | $77.5m |
| Shareholders' equity | $48.2m | $43.2m | $33.6m | −$10.6m | −$6.0m | −$27.0m | −$70.3m | −$52.9m | −$31.3m | −$10.0m |
| Shares outstanding | 79m | 81m | 73m | 51m | 46m | 33m | 15m | 15m | 15m | 12m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | −$12.0m | $8.7m | −$1.3m | −$25.0m | −$10.3m | −$26.1m | −$19.4m | −$7.7m | −$10.0m | −$32.1m |
| Capital spending | −$1.6m | −$1.3m | −$1.1m | −$628,000 | −$1.5m | −$655,000 | −$627,000 | −$686,000 | −$971,000 | −$849,000 |
| Free cash flow | −$13.6m | $7.4m | −$2.5m | −$25.6m | −$11.7m | −$26.8m | −$20.0m | −$8.4m | −$11.0m | −$32.9m |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $19.9m | $33.8m | $9.1m | $17.9m | $15.7m | $10.1m | $18.2m | $18.0m |
| Gross profit | $12.1m | $29.6m | $4.5m | $9.5m | $9.8m | $1.9m | $14.3m | $9.6m |
| Operating income | $4.7m | $21.1m | −$4.7m | $2.1m | $1.7m | −$4.1m | $7.2m | $4.0m |
| Net income | $3.8m | $18.3m | −$5.5m | $2.4m | $164,000 | −$3.6m | $6.5m | $3.2m |
| Diluted earnings per share | 0.05 | 0.22 | -0.07 | 0.03 | 0.00 | -0.05 | 0.08 | 0.04 |
| Cash from operations | −$10.0m | $22.0m | $2.0m | −$3.0m | −$5.0m | −$5.0m | $3.0m | $4.0m |
| Total assets | $110.3m | $102.3m | $82.3m | $82.3m | $78.5m | $73.9m | $73.4m | $61.6m |
| Cash and short-term investments | $40.7m | $51.8m | $30.3m | $29.4m | $33.4m | $34.7m | $34.8m | $27.4m |
| Debt | $1.7m | $1.4m | $1.4m | $1.4m | $1.5m | $1.4m | $1.5m | $1.5m |
| Shareholders' equity | $71.4m | $67.2m | $48.2m | $52.9m | $49.9m | $45.2m | $43.2m | $32.4m |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 3.5% | -3.5% | 28.3% |
| Operating income | -25.0% | — | -13.6% |
| Net income | -23.8% | 0.2% | — |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 51.2% | 56.9% | 62.1% | 62.6% |
| Operating margin | -1.5% | -1.0% | -6.2% | -40.7% |
| Net margin | -3.5% | -4.7% | -13.8% | -32.4% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | -21.4 | 26.3 | 7.9 | -2.4 | -0.7 | -9.2 | -1.4 | -0.6 | -0.4 | -0.6 |
| Price to sales | 2.7 | 1.4 | 1.0 | 0.8 | 0.5 | 1.0 | 0.5 | 0.4 | 1.4 | 1.9 |
Share price return
Finished calendar years
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Return | 108% | -2% | 48% | 37% | -75% | 33% | 31% | -48% | 103% | -46% |
Dividends and splits
Per share, in the currency the company pays
Paid for 0 years.
- 10-to-1 reverse split · 20 Dec 2019
- 10-to-1 reverse split · 3 Jan 2007
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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