T 
4.78
+18.61%
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
$212.7m
FY2019FY2025
Net income
−$59.0m
FY2019FY2025
Free cash flow
−$29.5m
FY2019FY2025
Shareholders' equity
$87.3m
FY2019FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | |
|---|---|---|---|---|---|---|---|
| Revenue | $212.7m | $209.4m | $187.1m | $141.8m | $94.4m | $57.4m | $39.4m |
| Gross profit | $169.8m | $168.3m | $151.9m | $114.3m | $77.5m | $44.9m | $31.8m |
| Research and development | $20.3m | $20.6m | $15.4m | $13.6m | $10.2m | $5.8m | $5.1m |
| Operating income | −$56.5m | −$55.4m | −$51.4m | −$39.3m | −$16.5m | $855,000 | −$3.5m |
| Net income | −$59.0m | −$55.7m | −$49.5m | −$42.8m | −$20.6m | −$3.7m | −$4.3m |
| Diluted earnings per share | -0.92 | -0.89 | -0.80 | -0.77 | -0.38 | -0.07 | -0.12 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | |
|---|---|---|---|---|---|---|---|
| Total assets | $190.6m | $217.1m | $251.9m | $159.0m | $140.8m | $41.8m | $29.7m |
| Cash and short-term investments | $48.4m | $75.7m | $123.2m | $81.3m | $105.8m | $18.1m | $12.1m |
| Total liabilities | $103.2m | $104.2m | $114.0m | $98.5m | $47.7m | $41.0m | $26.6m |
| Debt | $14.0m | $69.7m | $70.3m | $68.6m | $29.4m | $31.0m | $19.2m |
| Shareholders' equity | $87.3m | $112.9m | $137.9m | $60.5m | $93.1m | $776,000 | $3.2m |
| Shares outstanding | 64m | 62m | 62m | 56m | 54m | 50m | 37m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | |
|---|---|---|---|---|---|---|---|
| Cash from operations | −$16.0m | −$37.2m | −$34.6m | −$30.6m | −$17.2m | −$4.5m | −$7.7m |
| Capital spending | −$13.5m | −$11.6m | −$11.5m | −$14.8m | −$2.7m | −$1.1m | −$1.2m |
| Free cash flow | −$29.5m | −$48.8m | −$46.0m | −$45.5m | −$19.9m | −$5.6m | −$8.9m |
| Dividends paid | — | — | — | — | −$7.9m | — | — |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $45.4m | $47.2m | $62.5m | $50.2m | $47.4m | $52.6m | $68.7m | $45.1m |
| Gross profit | $35.6m | $37.4m | $50.4m | $39.7m | $37.8m | $41.9m | $55.5m | $36.1m |
| Operating income | −$14.8m | −$16.9m | −$8.6m | −$15.6m | −$16.9m | −$15.5m | $813,000 | −$15.1m |
| Net income | −$15.9m | −$18.0m | −$9.4m | −$16.3m | −$17.4m | −$15.9m | −$501,000 | −$15.4m |
| Diluted earnings per share | -0.24 | -0.28 | -0.15 | -0.26 | -0.27 | -0.25 | -0.01 | -0.25 |
| Cash from operations | −$4.0m | $7.0m | −$8.0m | −$9.0m | −$3.0m | $4.0m | −$4.0m | −$11.0m |
| Capital spending | −$2.0m | −$3.0m | −$2.0m | −$2.0m | −$4.0m | −$3.0m | −$3.0m | −$2.0m |
| Free cash flow | −$6.0m | $4.0m | −$10.0m | −$11.0m | −$7.0m | $1.0m | −$7.0m | −$13.0m |
| Total assets | $181.1m | $184.1m | $190.6m | $196.6m | $206.4m | $205.8m | $217.1m | $212.9m |
| Cash and short-term investments | $45.6m | $51.9m | $48.4m | $57.4m | $69.3m | $76.1m | $75.7m | $82.8m |
| Debt | $59.6m | $55.8m | $55.6m | $57.4m | $56.7m | $55.5m | $53.7m | $53.6m |
| Shareholders' equity | $67.7m | $77.2m | $87.3m | $89.2m | $97.6m | $105.3m | $112.9m | $104.9m |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 14.7% | 31.4% | — |
| Operating income | 12.8% | — | — |
| Net income | 11.3% | 74.3% | — |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 80.1% | 80.5% | 80.5% | — |
| Operating margin | -26.5% | -27.0% | -24.2% | — |
| Net margin | -27.2% | -27.6% | -25.6% | — |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|
| Price to earnings | -2.6 | -8.3 | -6.0 | -7.0 | -11.3 |
| Price to sales | 0.8 | 2.3 | 1.6 | 2.2 | 2.6 |
Share price return
Finished calendar years
| 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|
| Return | -64% | 69% | -23% | 48% | -39% |
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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