X
0.28
-3.59%
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
$133.9m
FY2016FY2025
Net income
$5.0m
FY2016FY2025
Free cash flow
$10.2m
FY2016FY2025
Shareholders' equity
$51.0m
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $133.9m | $117.3m | $91.3m | $58.0m | $55.3m | $53.3m | $64.7m | $72.2m | $82.6m | $90.0m |
| Gross profit | $84.3m | $68.2m | $55.5m | $32.1m | $32.5m | $34.4m | $42.5m | $43.5m | $50.1m | $62.3m |
| Research and development | $2.1m | $2.4m | $1.3m | $915,000 | $870,000 | $657,000 | $932,000 | $1.7m | $2.4m | $3.4m |
| Operating income | $7.3m | −$12.1m | $1.9m | −$6.8m | −$3.9m | −$751,000 | −$2.4m | −$60.0m | −$37.7m | −$7.5m |
| Net income | $5.0m | −$16.4m | $660,000 | −$8.5m | −$4.8m | −$7.0m | −$8.2m | −$70.1m | −$52.4m | −$19.5m |
| Diluted earnings per share | 0.03 | -0.12 | 0.01 | -0.08 | -0.06 | -0.34 | -0.62 | -5.29 | -34.80 | -16.03 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | $94.1m | $93.8m | $92.6m | $60.2m | $54.7m | $41.5m | $43.2m | $46.4m | $105.7m | $144.1m |
| Cash and short-term investments | $17.1m | $6.2m | $5.7m | $20.3m | $18.2m | $2.3m | $5.2m | $6.8m | $2.9m | $2.6m |
| Total liabilities | $43.2m | $50.9m | $41.3m | $26.1m | $23.8m | $27.0m | $87.4m | $90.2m | $164.4m | $151.2m |
| Debt | $28.7m | $35.1m | $23.6m | $17.1m | $16.8m | $18.5m | $78.5m | $78.6m | $139.0m | $130.7m |
| Shareholders' equity | $51.0m | $43.0m | $51.3m | $34.2m | $30.9m | $14.5m | −$44.2m | −$43.8m | −$58.7m | −$7.1m |
| Shares outstanding | 150m | 139m | 130m | 108m | 87m | 21m | 13m | 13m | 2m | 1m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | $12.5m | −$11.9m | −$9.5m | −$5.3m | $439,000 | −$731,000 | −$413,000 | $1.2m | −$543,180 | −$14.4m |
| Capital spending | −$2.4m | −$4.1m | −$1.5m | −$1.8m | −$2.1m | −$1.5m | −$879,000 | −$624,000 | −$1.6m | −$5.8m |
| Free cash flow | $10.2m | −$16.0m | −$11.0m | −$7.1m | −$1.7m | −$2.3m | −$1.3m | $588,000 | −$2.2m | −$20.2m |
| Dividends paid | — | — | — | — | −$201,000 | — | — | — | — | — |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $23.0m | $20.9m | $32.4m | $33.3m | $35.4m | $32.9m | $31.5m | $27.9m |
| Gross profit | $13.3m | $12.0m | $17.8m | $22.0m | $24.3m | $20.2m | $16.0m | $16.3m |
| Operating income | −$8.8m | −$2.7m | $2.3m | $2.5m | $4.6m | $1.1m | −$2.0m | −$3.8m |
| Net income | −$9.4m | −$3.1m | $57,000 | $1.3m | $3.5m | $58,000 | −$3.2m | −$5.0m |
| Diluted earnings per share | -0.07 | -0.02 | 0.00 | 0.01 | 0.02 | 0.00 | -0.02 | -0.04 |
| Cash from operations | −$7.0m | −$2.0m | $5.0m | $4.0m | $1.0m | $1.0m | — | −$1.0m |
| Capital spending | — | — | — | — | — | −$1.0m | — | −$2.0m |
| Free cash flow | — | — | — | — | — | $0 | — | −$3.0m |
| Total assets | $79.7m | $78.0m | $94.1m | $106.3m | $103.5m | $95.8m | $93.8m | $98.9m |
| Cash and short-term investments | $9.9m | $12.2m | $17.1m | $10.4m | $6.9m | $5.0m | $6.2m | $6.6m |
| Debt | $23.6m | $12.9m | $26.0m | $29.5m | $35.0m | $34.1m | $34.9m | $35.6m |
| Shareholders' equity | $40.0m | $48.6m | $51.0m | $50.4m | $48.5m | $43.9m | $43.0m | $45.7m |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 32.2% | 20.2% | 8.5% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 60.7% | 60.0% | 60.3% | 62.0% |
| Operating margin | -1.9% | -2.4% | -2.8% | -15.3% |
| Net margin | -4.6% | -4.8% | -6.1% | -20.9% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | 23.7 | -3.7 | 222.9 | -8.4 | -10.1 | -3.6 | -2.6 | -0.3 | -0.2 | -0.4 |
| Price to sales | 0.9 | 0.5 | 1.6 | 1.2 | 0.9 | 0.5 | 0.3 | 0.3 | 0.1 | 0.1 |
Share price return
Finished calendar years
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Return | 114% | -68% | 66% | 0% | -41% | -27% | -54% | -47% | -4% | -79% |
Dividends and splits
Per share, in the currency the company pays
Paid for 0 years.
- 12-to-1 reverse split · 14 Feb 2018
- 10-to-1 reverse split · 28 Jul 2014
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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