S 
2.60
-1.89%
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
$27.3m
FY2016FY2025
Net income
−$102.8m
FY2016FY2025
Free cash flow
−$28.9m
FY2016FY2025
Shareholders' equity
$127.7m
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $27.3m | $36.8m | $33.6m | $60.6m | $50.9m | $50.9m | $30.9m | $40.3m | $48.3m | $45.6m |
| Gross profit | $14.8m | $27.7m | $24.1m | $42.9m | $27.2m | $23.4m | $12.4m | $15.9m | $21.1m | $20.0m |
| Research and development | $29.9m | $28.5m | $26.1m | $26.6m | $26.4m | $30.9m | $23.8m | $32.0m | $25.2m | $26.3m |
| Operating income | −$36.2m | $69.5m | −$27.9m | $4.6m | −$9.1m | −$39.1m | −$28.4m | −$32.2m | −$24.5m | −$20.7m |
| Net income | −$102.8m | $57.6m | −$41.0m | −$9.0m | −$20.3m | −$54.5m | −$36.7m | −$36.2m | −$26.2m | −$24.8m |
| Diluted earnings per share | -7.37 | 228.99 | -1.66 | -0.47 | -1.35 | -1.76 | -3.86 | -3.82 | -32.77 | -3.33 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | $248.9m | $106.5m | $109.2m | $98.8m | $89.6m | $87.2m | $63.3m | $62.6m | $57.1m | $65.1m |
| Cash and short-term investments | $13.4m | $62.1m | $5.7m | $10.7m | $4.8m | $18.5m | $14.1m | $12.1m | $2.9m | $20.2m |
| Total liabilities | $121.2m | $51.2m | $115.2m | $96.7m | $113.9m | $124.0m | $92.5m | $67.6m | $52.9m | $56.2m |
| Debt | $70.1m | $16.4m | $80.7m | $66.5m | $70.8m | $80.5m | $57.8m | $48.9m | $31.9m | $29.2m |
| Shareholders' equity | $127.7m | $55.4m | −$6.1m | $2.1m | −$24.3m | −$36.8m | −$29.2m | −$5.0m | $4.1m | $8.9m |
| Shares outstanding | 14m | 0m | 25m | 19m | 15m | 31m | 10m | 9m | 1m | 7m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | −$22.9m | −$19.5m | −$7.3m | −$1.8m | −$8.5m | −$19.4m | $5.1m | −$23.3m | −$28.9m | −$15.6m |
| Capital spending | −$5.9m | −$19.7m | −$29.6m | −$22.7m | −$28.9m | −$13.8m | −$9.1m | −$8.7m | −$6.2m | −$5.4m |
| Free cash flow | −$28.9m | −$39.3m | −$36.8m | −$24.5m | −$37.4m | −$33.2m | −$4.1m | −$32.0m | −$35.0m | −$21.0m |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $7.5m | $6.1m | $7.0m | $4.3m | $8.1m | $8.1m | $11.0m | $10.1m |
| Gross profit | $2.5m | $2.3m | $2.6m | $1.8m | $5.2m | $5.2m | $7.4m | $8.3m |
| Operating income | −$9.5m | −$9.5m | −$8.9m | −$20.4m | −$8.7m | −$6.8m | −$5.2m | $87.0m |
| Net income | −$9.8m | −$54.5m | −$87.1m | −$6.7m | −$9.1m | −$7.3m | −$2.0m | $72.3m |
| Diluted earnings per share | -0.65 | -3.64 | -6.25 | -0.48 | -0.65 | -0.52 | -8.00 | 287.51 |
| Cash from operations | −$8.0m | −$14.0m | −$1.0m | −$10.0m | −$1.0m | −$9.0m | −$27.0m | −$1.0m |
| Capital spending | −$1.0m | −$1.0m | — | −$4.0m | — | — | −$1.0m | −$1.0m |
| Free cash flow | −$9.0m | −$15.0m | — | −$14.0m | — | — | −$28.0m | −$2.0m |
| Total assets | $83.6m | $158.1m | $248.9m | $431.8m | $88.3m | $97.6m | $106.5m | $222.1m |
| Cash and short-term investments | $21.0m | $10.6m | $13.4m | $13.4m | $41.6m | $45.9m | $62.1m | $173.6m |
| Debt | $6.0m | $49.3m | $66.0m | $6.5m | $10.9m | $10.9m | $16.0m | $105.2m |
| Shareholders' equity | $41.7m | $72.8m | $127.7m | $225.7m | $41.5m | $49.3m | $55.4m | $57.4m |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | -23.3% | -11.7% | -1.8% |
| Operating income | — | -1.5% | 4.4% |
| Net income | 125.1% | 13.5% | 14.1% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 66.4% | 69.2% | 61.6% | 53.1% |
| Operating margin | 52.0% | 6.4% | -14.7% | -36.6% |
| Net margin | -70.5% | -60.1% | -65.4% | -70.2% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | -0.6 | 0.1 | -15.0 | -62.1 | -30.8 | -30.2 | -6.8 | -7.2 | -2.0 | -12.5 |
| Price to sales | 2.3 | 0.2 | 18.2 | 9.2 | 12.3 | 32.4 | 8.1 | 6.5 | 1.1 | 6.8 |
Share price return
Finished calendar years
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Return | -83% | 14% | -9% | -30% | -20% | 85% | -6% | -58% | 65% | -16% |
Dividends and splits
Per share, in the currency the company pays
Paid for 0 years.
- 10-to-1 reverse split · 17 Sept 2025
- 2.5-to-1 reverse split · 9 Oct 2024
- 4-to-1 reverse split · 29 Nov 2019
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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