S 
7.49
+4.90%
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
$77.3m
FY2019FY2025
Net income
−$79.0m
FY2019FY2025
Free cash flow
−$38.6m
FY2019FY2025
Shareholders' equity
$47.1m
FY2019FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | |
|---|---|---|---|---|---|---|---|
| Revenue | $77.3m | $65.2m | $62.4m | $47.6m | $40.5m | $28.4m | $25.4m |
| Gross profit | $47.8m | $43.9m | $42.9m | $31.3m | $25.2m | $17.7m | $17.8m |
| Research and development | $33.6m | $34.4m | $37.0m | $35.4m | $26.6m | $18.6m | $15.0m |
| Operating income | −$75.8m | −$66.6m | −$74.8m | −$87.8m | −$72.9m | −$40.4m | −$32.7m |
| Net income | −$79.0m | −$62.5m | −$79.0m | −$87.4m | −$73.7m | −$39.3m | −$33.8m |
| Diluted earnings per share | -1.16 | -0.95 | -1.21 | -1.36 | -1.24 | -0.82 | -0.89 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | |
|---|---|---|---|---|---|---|---|
| Total assets | $163.5m | $155.3m | $206.2m | $243.8m | $320.2m | $132.1m | $51.7m |
| Cash and short-term investments | $70.3m | $80.2m | $123.3m | $178.6m | $265.3m | $97.3m | $18.4m |
| Total liabilities | $116.3m | $58.8m | $54.7m | $43.7m | $44.8m | $31.6m | $29.4m |
| Debt | $50.4m | $30.0m | $18.6m | $16.7m | $13.1m | $7.2m | $8.5m |
| Shareholders' equity | $47.1m | $96.5m | $151.4m | $200.1m | $275.4m | $100.5m | $22.3m |
| Shares outstanding | 68m | 66m | 65m | 64m | 60m | 48m | 38m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | |
|---|---|---|---|---|---|---|---|
| Cash from operations | −$38.0m | −$42.8m | −$48.6m | −$70.1m | −$57.9m | −$31.7m | −$31.7m |
| Capital spending | −$574,000 | −$8.2m | −$9.2m | −$10.4m | −$6.7m | −$3.2m | −$3.0m |
| Free cash flow | −$38.6m | −$51.0m | −$57.8m | −$80.5m | −$64.6m | −$34.9m | −$34.7m |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $23.3m | $21.7m | $21.7m | $19.5m | $18.3m | $17.8m | $17.7m | $15.9m |
| Gross profit | $15.1m | $14.7m | $14.7m | $12.9m | $12.3m | $12.2m | $12.1m | $10.7m |
| Operating income | −$20.9m | −$17.7m | −$18.3m | −$18.3m | −$21.1m | −$16.7m | −$17.4m | −$15.4m |
| Net income | −$22.4m | −$19.3m | −$19.2m | −$20.0m | −$22.4m | −$17.4m | −$15.2m | −$18.4m |
| Diluted earnings per share | -0.30 | -0.26 | -0.28 | -0.29 | -0.33 | -0.25 | -0.23 | -0.28 |
| Cash from operations | −$7.0m | −$16.0m | −$8.0m | −$8.0m | −$8.0m | −$10.0m | −$10.0m | −$7.0m |
| Capital spending | −$2.0m | — | — | — | −$1.0m | −$1.0m | −$1.0m | −$2.0m |
| Free cash flow | −$9.0m | — | — | — | −$9.0m | −$11.0m | −$11.0m | −$9.0m |
| Total assets | $198.4m | $157.0m | $163.0m | $163.5m | $177.6m | $146.7m | $155.3m | $177.6m |
| Cash and short-term investments | $107.7m | $65.4m | $70.3m | $81.6m | $94.8m | $68.5m | $80.2m | $95.8m |
| Debt | $50.7m | $50.6m | $50.4m | $50.2m | $50.0m | $15.6m | $15.4m | $15.6m |
| Shareholders' equity | $83.1m | $45.7m | $47.1m | $60.7m | $76.7m | $85.6m | $96.5m | $113.5m |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 15.7% | 21.4% | — |
| Operating income | -4.8% | 13.4% | — |
| Net income | -3.3% | 15.0% | — |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 64.4% | 65.7% | 65.0% | — |
| Operating margin | -100.0% | -120.9% | -130.2% | — |
| Net margin | -99.3% | -122.0% | -131.0% | — |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|
| Price to earnings | -4.0 | -3.2 | -3.9 | -1.5 | -11.4 |
| Price to sales | 4.4 | 3.2 | 5.0 | 2.8 | 21.1 |
Share price return
Finished calendar years
| 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|
| Return | 39% | -21% | 76% | -81% | -23% |
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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