S 
11.12
+0.54%
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
$457.5m
FY2017FY2025
Net income
−$43.3m
FY2017FY2025
Free cash flow
$39.3m
FY2017FY2025
Shareholders' equity
$203.4m
FY2017FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | $457.5m | $405.9m | $333.6m | $253.8m | $187.9m | $132.9m | $102.7m | $78.8m | $44.8m |
| Gross profit | $354.9m | $314.4m | $257.4m | $194.0m | $141.1m | $98.0m | $74.6m | $57.8m | $34.8m |
| Research and development | $101.3m | $102.8m | $79.5m | $61.4m | $40.0m | $30.5m | $28.1m | $25.4m | $16.7m |
| Operating income | −$43.5m | −$60.4m | −$69.3m | −$51.7m | −$28.4m | −$32.0m | −$47.3m | −$20.3m | −$22.0m |
| Net income | −$43.3m | −$62.0m | −$66.4m | −$50.2m | −$28.7m | −$31.7m | −$46.8m | −$20.9m | −$21.9m |
| Diluted earnings per share | -0.73 | -1.08 | -1.19 | -0.91 | -0.53 | -0.60 | -1.01 | -1.26 | -1.37 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|
| Total assets | $523.1m | $428.3m | $396.6m | $293.9m | $264.7m | $239.7m | $189.6m | $71.8m | $45.3m |
| Cash and short-term investments | $95.3m | $90.2m | $94.4m | $172.8m | $176.9m | $163.9m | $135.3m | $26.2m | $4.8m |
| Total liabilities | $319.6m | $261.7m | $252.4m | $151.6m | $119.5m | $87.6m | $61.5m | $46.1m | $101.8m |
| Debt | $42.7m | $25.0m | $55.0m | — | — | — | — | — | $3.0m |
| Shareholders' equity | $203.4m | $166.6m | $144.2m | $142.3m | $145.2m | $152.1m | $128.1m | $25.7m | −$56.5m |
| Shares outstanding | 59m | 58m | 56m | 55m | 54m | 53m | 46m | 17m | 16m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | $43.4m | $26.3m | $6.5m | $10.7m | $14.8m | −$11.4m | −$14.4m | −$17.2m | −$14.3m |
| Capital spending | −$4.1m | −$3.0m | −$2.1m | −$1.8m | −$926,000 | −$4.0m | −$760,000 | −$2.1m | −$673,000 |
| Free cash flow | $39.3m | $23.4m | $4.4m | $8.8m | $13.9m | −$15.4m | −$15.2m | −$19.3m | −$15.0m |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $123.8m | $121.5m | $120.9m | $115.6m | $111.8m | $109.3m | $107.1m | $102.6m |
| Gross profit | $96.1m | $93.5m | $93.7m | $89.8m | $86.8m | $84.5m | $83.7m | $79.4m |
| Operating income | −$2.7m | −$5.4m | −$10.9m | −$9.1m | −$12.3m | −$11.2m | −$13.7m | −$16.9m |
| Net income | −$3.1m | −$6.3m | −$10.7m | −$9.4m | −$12.0m | −$11.2m | −$14.4m | −$17.1m |
| Diluted earnings per share | -0.05 | -0.11 | -0.18 | -0.16 | -0.20 | -0.19 | -0.25 | -0.30 |
| Cash from operations | $8.0m | $25.0m | $10.0m | $9.0m | $5.0m | $18.0m | $4.0m | $8.0m |
| Capital spending | −$1.0m | −$1.0m | −$1.0m | — | — | −$1.0m | — | — |
| Free cash flow | $7.0m | $24.0m | $9.0m | — | — | $17.0m | — | — |
| Total assets | $522.2m | $508.6m | $523.1m | $481.4m | $422.9m | $424.7m | $428.3m | $388.8m |
| Cash and short-term investments | $119.9m | $113.6m | $95.3m | $90.6m | $101.5m | $101.9m | $90.2m | $91.5m |
| Debt | $35.3m | $35.2m | $42.7m | $46.6m | $17.5m | $23.5m | $28.7m | $33.9m |
| Shareholders' equity | $228.6m | $215.2m | $203.4m | $194.1m | $184.6m | $175.3m | $166.6m | $158.1m |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 21.5% | 28.0% | — |
| Operating income | -5.6% | 6.3% | — |
| Net income | -4.8% | 6.5% | — |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 77.5% | 77.2% | 76.7% | — |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | |
|---|---|---|---|---|---|---|---|
| Price to earnings | -15.4 | -28.5 | -30.8 | -36.9 | -102.3 | -45.6 | -9.5 |
| Price to sales | 1.5 | 4.4 | 6.2 | 7.3 | 15.7 | 10.9 | 4.3 |
Share price return
Finished calendar years
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|
| Return | -66% | -16% | 17% | -36% | 64% | 236% | -4% |
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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