V
3.94
-0.51%
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
$240.5m
FY2019FY2025
Net income
$20.0m
FY2019FY2025
Free cash flow
$32.3m
FY2019FY2025
Shareholders' equity
$233.5m
FY2019FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | |
|---|---|---|---|---|---|---|---|
| Revenue | $240.5m | $226.7m | $201.5m | $157.6m | $125.8m | $98.7m | $61.3m |
| Gross profit | $186.3m | $167.3m | $140.6m | $104.8m | $76.2m | $63.8m | $41.1m |
| Research and development | $63.9m | $53.6m | $60.1m | $57.2m | $45.2m | $19.0m | $12.7m |
| Operating income | $18.1m | $10.1m | −$14.6m | −$52.4m | −$69.2m | $6.5m | −$2.4m |
| Net income | $20.0m | $12.0m | −$13.7m | −$52.4m | −$60.5m | −$914,000 | −$4.6m |
| Diluted earnings per share | 0.11 | 0.06 | -0.07 | -0.28 | -0.32 | -0.00 | -0.03 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | |
|---|---|---|---|---|---|---|---|
| Total assets | $346.6m | $366.8m | $341.1m | $357.7m | $415.0m | $140.0m | $97.7m |
| Cash and short-term investments | $192.1m | $214.8m | $209.4m | $238.6m | $298.2m | $77.0m | $44.3m |
| Total liabilities | $113.1m | $111.0m | $100.8m | $83.0m | $87.8m | $64.3m | $50.6m |
| Debt | $1.6m | $3.3m | $4.1m | $6.8m | $9.3m | $12.5m | $18.7m |
| Shareholders' equity | $233.5m | $255.7m | $240.3m | $274.7m | $327.2m | $75.6m | $47.0m |
| Shares outstanding | 181m | 192m | 184m | 189m | 191m | 187m | 156m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | |
|---|---|---|---|---|---|---|---|
| Cash from operations | $33.4m | $27.3m | $4.3m | −$29.2m | −$53.0m | $11.2m | $2.1m |
| Capital spending | −$1.0m | −$2.1m | −$472,000 | −$340,000 | −$1.8m | −$1.6m | −$1.8m |
| Free cash flow | $32.3m | $25.2m | $3.8m | −$29.6m | −$54.7m | $9.5m | $239,000 |
| Dividends paid | — | — | — | −$567,000 | −$341,000 | −$648,000 | −$1.4m |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $64.4m | $60.7m | $68.0m | $59.6m | $58.8m | $54.2m | $61.5m | $56.0m |
| Gross profit | $51.1m | $47.9m | $54.0m | $46.1m | $45.3m | $41.0m | $46.1m | $41.7m |
| Operating income | $9.5m | $6.3m | $11.2m | $4.2m | $2.9m | −$197,000 | $7.1m | $2.9m |
| Net income | $10.0m | $4.1m | $9.8m | $6.4m | $3.0m | $858,000 | $6.3m | $3.2m |
| Diluted earnings per share | 0.06 | 0.02 | 0.05 | 0.04 | 0.02 | 0.00 | 0.03 | 0.02 |
| Cash from operations | $13.0m | $13.0m | $11.0m | $8.0m | $7.0m | $6.0m | $12.0m | $8.0m |
| Total assets | $340.5m | $340.3m | $346.6m | $354.4m | $365.6m | $355.7m | $366.8m | $373.2m |
| Cash and short-term investments | $186.0m | $193.7m | $192.1m | $202.5m | $210.8m | $205.3m | $214.8m | $217.0m |
| Debt | $2.1m | $1.5m | $1.6m | $1.9m | $2.0m | $1.7m | $1.6m | $1.5m |
| Shareholders' equity | $223.9m | $233.0m | $233.5m | $241.9m | $250.2m | $245.8m | $255.7m | $262.2m |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 16.7% | 21.3% | — |
| Operating income | — | 22.7% | — |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 75.7% | 72.5% | 70.3% | — |
| Operating margin | 6.0% | -4.7% | -9.7% | — |
| Net margin | 6.9% | -4.1% | -9.1% | — |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|
| Price to earnings | 34.0 | 94.4 | -92.5 | -13.5 | -33.8 |
| Price to sales | 2.8 | 5.0 | 6.3 | 4.7 | 16.8 |
Share price return
Finished calendar years
| 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|
| Return | -36% | -17% | 113% | -70% | -50% |
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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