U
3.82
-3.78%
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
$216.9m
FY2016FY2025
Net income
−$38.9m
FY2016FY2025
Free cash flow
$24.4m
FY2016FY2025
Shareholders' equity
$80.7m
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $216.9m | $274.8m | $297.9m | $317.3m | $302.0m | $291.8m | $222.6m | $149.9m | $98.0m | $74.8m |
| Gross profit | $135.3m | $193.7m | $201.5m | $213.6m | $202.6m | $193.3m | $153.5m | $101.3m | $64.3m | $47.2m |
| Research and development | $36.5m | $47.4m | $49.4m | $46.2m | $42.7m | $39.0m | $29.0m | $21.3m | $15.8m | $14.9m |
| Operating income | $16.6m | −$101.2m | −$162.7m | −$41.0m | −$34.9m | −$23.9m | −$29.9m | −$4.7m | −$10.8m | −$8.5m |
| Net income | −$38.9m | −$112.7m | −$179.9m | −$68.4m | −$58.2m | −$51.2m | −$45.4m | −$9.9m | −$18.7m | −$13.5m |
| Diluted earnings per share | -13.60 | -40.84 | -58.03 | -21.44 | -18.98 | -17.42 | -17.82 | -4.72 | -9.60 | -8.01 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | $413.2m | $529.5m | $870.0m | $1.11bn | $1.03bn | $1.01bn | $896.8m | $484.1m | $281.3m | $150.6m |
| Cash and short-term investments | $29.4m | $56.4m | $236.6m | $248.7m | $189.2m | $250.0m | $175.0m | $16.7m | $22.3m | $28.8m |
| Total liabilities | $332.5m | $424.6m | $626.1m | $692.3m | $712.7m | $704.6m | $684.0m | $395.9m | $189.8m | $91.6m |
| Debt | $235.2m | $292.0m | $480.6m | $523.1m | $528.6m | $533.3m | $533.5m | $279.7m | $111.1m | $47.9m |
| Shareholders' equity | $80.7m | $104.9m | $243.9m | $421.2m | $316.3m | $306.6m | $212.9m | $88.2m | $91.4m | $59.0m |
| Shares outstanding | 3m | 3m | 3m | 3m | 3m | 3m | 3m | 2m | 2m | 2m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | $25.8m | $24.2m | $49.9m | $30.0m | $41.7m | $35.6m | $12.1m | $7.3m | $7.7m | $3.9m |
| Capital spending | −$1.4m | −$882,000 | −$1.2m | −$866,000 | −$1.1m | −$1.3m | −$1.7m | −$935,000 | −$451,000 | −$1.1m |
| Free cash flow | $24.4m | $23.4m | $48.7m | $29.1m | $40.6m | $34.3m | $10.3m | $6.4m | $7.3m | $2.8m |
| Dividends paid | — | — | — | −$1.6m | −$982,000 | −$2.1m | −$12.7m | — | — | −$31.5m |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $49.1m | $48.7m | $49.3m | $50.5m | $53.4m | $63.7m | $68.0m | $66.7m |
| Gross profit | $37.5m | $36.8m | $37.7m | $38.8m | $39.9m | $45.6m | $48.2m | $47.0m |
| Operating income | — | $5.0m | $7.2m | $5.3m | −$7.0m | −$24.8m | −$721,000 | −$3.3m |
| Net income | −$35.3m | −$1.2m | $1.1m | −$1.1m | −$13.0m | −$25.8m | −$3.4m | −$1.7m |
| Diluted earnings per share | -12.01 | -0.42 | 0.38 | -0.39 | -4.55 | -9.03 | -1.24 | -0.63 |
| Cash from operations | $5.0m | $5.0m | $7.0m | $6.0m | $3.0m | $8.0m | $9.0m | $4.0m |
| Total assets | $356.6m | $402.7m | $413.2m | $409.1m | $441.7m | $457.0m | $529.5m | $554.9m |
| Cash and short-term investments | $31.0m | $29.8m | $29.4m | $23.4m | $41.0m | $33.7m | $56.4m | $59.7m |
| Debt | $224.5m | $228.4m | $233.2m | $234.7m | $256.5m | $257.4m | $291.2m | $298.6m |
| Shareholders' equity | −$89.8m | $78.2m | $80.7m | −$47.3m | $83.7m | $86.8m | $104.9m | $122.7m |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | -11.9% | -5.8% | 12.0% |
| Net income | -17.2% | -5.4% | 11.0% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 66.9% | 67.2% | 67.0% | 66.9% |
| Operating margin | -17.2% | -26.0% | -20.4% | -17.8% |
| Net margin | -30.8% | -36.1% | -30.0% | -26.4% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | -1.1 | -1.1 | -0.5 | -2.1 | -6.0 | -16.8 | -12.8 | -36.8 | -14.4 | -7.1 |
| Price to sales | 0.2 | 0.4 | 0.3 | 0.5 | 1.2 | 3.0 | 2.6 | 2.4 | 2.8 | 1.3 |
Share price return
Finished calendar years
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Return | -68% | 60% | -36% | -63% | -60% | 28% | 33% | 21% | 158% | 24% |
Dividends and splits
Per share, in the currency the company pays
Paid for 0 years.
- 10-to-1 reverse split · 17 Jun 2026
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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