A 
30.26
+8.15%
Close of 9 Nov 2026, in USD
Search any instrument
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
$277.0m
FY2017FY2025
Net income
−$59.5m
FY2017FY2025
Free cash flow
−$48.9m
FY2017FY2025
Shareholders' equity
$218.8m
FY2017FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | $277.0m | $179.0m | $170.3m | $185.3m | $154.3m | $98.4m | $85.1m | $55.7m | $38.4m |
| Gross profit | $205.6m | $106.9m | $94.7m | $127.4m | $105.0m | $75.9m | $62.8m | $36.0m | $22.8m |
| Research and development | $93.8m | $103.0m | $122.1m | $141.8m | $142.3m | $116.1m | $70.7m | $39.2m | $32.0m |
| Operating income | −$57.1m | −$162.5m | −$227.0m | −$200.2m | −$209.0m | −$152.8m | −$78.4m | −$49.8m | −$44.5m |
| Net income | −$59.5m | −$159.5m | −$225.3m | −$200.2m | −$207.3m | −$146.2m | −$68.6m | −$46.4m | −$42.8m |
| Diluted earnings per share | -0.39 | -1.08 | -1.55 | -1.40 | -1.47 | -1.07 | -0.55 | -0.44 | -3.57 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|
| Total assets | $512.7m | $539.4m | $661.1m | $856.6m | $923.3m | $1.12bn | $912.3m | $332.7m | $362.5m |
| Cash and short-term investments | $227.0m | $222.3m | $346.4m | $498.2m | $353.1m | $688.3m | $576.9m | $165.0m | $192.2m |
| Total liabilities | $287.7m | $336.9m | $352.9m | $392.5m | $319.2m | $373.1m | $341.3m | $590.8m | $587.1m |
| Debt | $131.2m | $133.3m | $130.7m | — | — | — | $36.6m | $300,000 | $300,000 |
| Shareholders' equity | $218.8m | $202.7m | $308.4m | $464.2m | $604.0m | $743.3m | $571.0m | −$258.1m | −$224.6m |
| Shares outstanding | 153m | 147m | 145m | 143m | 141m | 137m | 124m | 106m | 12m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | −$46.0m | −$95.2m | −$156.3m | −$183.9m | −$192.7m | −$149.7m | $205.4m | −$32.3m | −$34.9m |
| Capital spending | −$3.0m | −$3.7m | −$10.7m | −$16.3m | −$61.7m | −$18.8m | −$11.2m | −$6.3m | −$2.5m |
| Free cash flow | −$48.9m | −$98.9m | −$167.0m | −$200.3m | −$254.5m | −$168.5m | $194.2m | −$38.6m | −$37.4m |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $71.6m | $70.9m | $71.7m | $94.0m | $58.9m | $52.4m | $47.5m | $46.4m |
| Gross profit | $51.0m | $52.2m | $53.5m | $75.8m | $40.9m | $35.5m | $29.4m | $29.8m |
| Operating income | −$15.8m | −$19.2m | −$12.8m | $11.0m | −$25.0m | −$32.8m | −$33.8m | −$32.6m |
| Net income | −$39.8m | −$20.0m | −$13.6m | $9.5m | −$25.6m | −$29.9m | −$33.7m | −$32.1m |
| Diluted earnings per share | -0.25 | -0.13 | -0.09 | 0.06 | -0.17 | -0.19 | -0.23 | -0.22 |
| Cash from operations | −$6.0m | −$9.0m | $2.0m | −$7.0m | −$12.0m | −$28.0m | −$12.0m | −$27.0m |
| Capital spending | −$1.0m | — | — | — | — | −$1.0m | — | — |
| Free cash flow | −$7.0m | — | — | — | — | −$29.0m | — | — |
| Total assets | $640.7m | $505.9m | $512.7m | $490.6m | $496.6m | $510.9m | $539.4m | $558.5m |
| Cash and short-term investments | $344.3m | $218.3m | $227.0m | $212.8m | $197.9m | $193.4m | $222.3m | $243.3m |
| Debt | $8.8m | $14.3m | $13.6m | $9.4m | $10.0m | $10.5m | $10.2m | $10.0m |
| Shareholders' equity | $142.9m | $216.3m | $218.8m | $204.4m | $179.7m | $190.4m | $202.7m | $223.8m |
Financial ratios
Data as of 28 Oct 2026
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|
| Gross margin | 74.2% | 59.7% | 55.6% | 68.7% | 68.1% | 77.1% |
| Operating margin | -17.2% | -82.7% | -124.2% | -105.8% | -134.3% | -155.3% |
| Net margin | -21.5% | -89.1% | -132.3% | -108.0% | -134.3% | -148.6% |
| Return on equity | -27.2% | -78.7% | -73.0% | -43.1% | -34.3% | -19.7% |
| Return on assets | -11.6% | -29.6% | -34.1% | -23.4% | -22.4% | -13.1% |
| Free cash flow yield | -1.0% | -2.2% | -3.6% | -4.2% | -3.4% | -3.5% |
| Revenue growth | 54.8% | 5.1% | -8.1% | 20.1% | 56.9% | 15.6% |
| Earnings growth | -62.7% | -29.2% | 12.5% | -3.4% | 41.8% | 113.1% |
| Current ratio | 3.34x | 2.89x | 4.66x | 5.12x | 3.54x | 6.91x |
| Debt to equity | 0.06x | 0.05x | 0.03x | 0.02x | 0.01x | 0.00x |
| Equity ratio | 42.7% | 37.6% | 46.6% | 54.2% | 65.4% | 66.6% |
| Interest coverage | -4.05x | -12.78x | -15.33x | -46.28x | -124.28x | — |
| R&D as a share of sales | 33.9% | 57.5% | 71.7% | 76.5% | 92.2% | 118.0% |
| Buybacks as a share of market value | -4.1% | -1.5% | -1.3% | -1.3% | -3.1% | -10.1% |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 13.6% | 21.9% | — |
| Operating income | -34.2% | -17.9% | — |
| Net income | -33.3% | -16.5% | — |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 68.5% | 65.9% | 67.2% | — |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | |
|---|---|---|---|---|---|---|---|
| Price to earnings | -44.7 | -5.9 | -3.4 | -5.8 | -20.4 | -59.2 | -58.0 |
| Price to sales | 10.0 | 5.6 | 4.9 | 6.5 | 27.4 | 88.0 | 46.8 |
Market value over time
28 Jun 2019 to 27 Oct 2026, in USD
$5.84bn$4.36bn
Share price return
Finished calendar years
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|
| Return | 176% | 18% | -30% | -74% | -55% | 92% | -20% |
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
Nothing here is investment advice. Prices can be delayed or wrong, so check with the exchange before relying on them. Data for this page. How we cover markets.