C 
12.00
+2.65%
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
$250.3m
FY2019FY2026
Net income
−$470.4m
FY2019FY2026
Free cash flow
−$190.7m
FY2019FY2026
Shareholders' equity
$653.8m
FY2019FY2026
Income statement
Fiscal years
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $250.3m | $389.1m | $310.6m | $266.8m | $252.8m | $183.2m | $156.7m | $91.6m |
| Research and development | $229.1m | $226.4m | $201.4m | $210.7m | $150.5m | $68.9m | $64.5m | $37.3m |
| Operating income | −$487.7m | −$324.4m | −$318.3m | −$290.5m | −$196.1m | −$60.3m | −$71.5m | −$36.0m |
| Net income | −$470.4m | −$288.7m | −$279.7m | −$268.8m | −$192.1m | −$55.7m | −$69.4m | −$33.3m |
| Diluted earnings per share | -3.03 | -2.08 | -2.19 | -2.27 | -1.76 | -0.54 | -0.73 | -0.45 |
Balance sheet
At each fiscal year end
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | |
|---|---|---|---|---|---|---|---|---|
| Total assets | $816.3m | $1.03bn | $1.04bn | $1.10bn | $1.17bn | $1.20bn | $305.1m | $267.5m |
| Cash and short-term investments | $575.4m | $742.7m | $750.4m | $731.0m | $960.2m | $1.09bn | $245.0m | $156.5m |
| Total liabilities | $162.5m | $187.6m | $164.9m | $173.4m | $181.4m | $135.3m | $487.8m | $432.9m |
| Debt | $5.6m | — | — | — | — | — | — | — |
| Shareholders' equity | $653.8m | $838.3m | $873.4m | $929.7m | $989.5m | $1.06bn | −$182.7m | −$165.4m |
| Shares outstanding | 155m | 139m | 128m | 119m | 109m | 104m | 95m | 74m |
Cash flow
Fiscal years
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | |
|---|---|---|---|---|---|---|---|---|
| Cash from operations | −$188.8m | −$41.4m | −$62.4m | −$115.7m | −$86.5m | −$37.6m | −$61.3m | −$34.9m |
| Capital spending | −$1.9m | −$3.0m | −$28.0m | −$71.5m | −$4.3m | −$1.6m | −$2.9m | −$6.8m |
| Free cash flow | −$190.7m | −$44.4m | −$90.4m | −$187.2m | −$90.8m | −$39.2m | −$64.2m | −$41.7m |
| Dividends paid | — | — | — | — | — | — | −$75.2m | — |
Latest quarters
By quarter end
| Jul 2026 | Apr 2026 | Jan 2026 | Oct 2025 | Jul 2025 | Apr 2025 | Jan 2025 | Oct 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $52.4m | $51.6m | $53.3m | $75.1m | $70.3m | $108.7m | $98.8m | $94.3m |
| Operating income | −$98.3m | −$110.3m | −$140.4m | −$112.1m | −$124.8m | −$89.0m | −$87.6m | −$75.3m |
| Net income | −$92.8m | −$115.6m | −$133.4m | −$104.7m | −$116.8m | −$79.7m | −$80.2m | −$66.0m |
| Diluted earnings per share | -0.60 | -0.75 | -0.86 | -0.75 | -0.84 | -0.57 | -0.58 | -0.52 |
| Cash from operations | $2.0m | −$52.0m | −$55.0m | −$46.0m | −$33.0m | $11.0m | −$22.0m | −$38.0m |
| Total assets | $874.8m | $816.3m | $895.8m | $961.3m | $968.7m | $1.03bn | $1.06bn | $1.05bn |
| Cash and short-term investments | $651.1m | $575.4m | $621.9m | $675.0m | $711.9m | $742.7m | $724.3m | $730.4m |
| Debt | — | $5.6m | $5.4m | $5.2m | $4.9m | $4.8m | $4.5m | $4.2m |
| Shareholders' equity | $694.9m | $653.8m | $719.5m | $771.9m | $798.8m | $838.3m | $860.2m | $859.0m |
Financial ratios
Data as of 5 Nov 2026
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | |
|---|---|---|---|---|---|---|---|---|
| Operating margin | -187.6% | -74.0% | -89.8% | -100.5% | -75.7% | -32.9% | — | — |
| Net margin | -187.9% | -74.2% | -90.1% | -100.8% | -76.0% | -30.4% | — | — |
| Return on equity | -71.9% | -34.4% | -32.0% | -28.9% | -19.4% | -5.2% | — | — |
| Return on assets | -57.6% | -28.1% | -26.9% | -24.4% | -16.4% | -4.7% | — | — |
| Free cash flow yield | -10.1% | -2.3% | -2.2% | -3.1% | -6.3% | -2.9% | — | — |
| Revenue growth | -35.7% | 25.3% | 16.4% | 5.6% | 38.0% | 16.9% | — | — |
| Earnings growth | 62.9% | 3.2% | 4.0% | 40.0% | 244.8% | -19.7% | — | — |
| Current ratio | 6.64x | 6.86x | 8.84x | 6.53x | 7.06x | 9.42x | — | — |
| Debt to equity | 0.01x | 0.01x | 0.00x | 0.00x | 0.00x | 0.00x | — | — |
| Equity ratio | 80.1% | 81.7% | 84.1% | 84.3% | 84.5% | 88.7% | — | — |
| Interest coverage | — | — | — | -12.01x | -104.69x | -11.44x | -28.61x | -12.17x |
| R&D as a share of sales | 91.5% | 58.2% | 64.8% | 79.0% | 59.6% | 37.6% | — | — |
| Buybacks as a share of market value | -11.8% | -8.4% | -7.8% | -9.0% | -4.9% | -9.0% | — | — |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | -2.1% | 6.4% | — |
| Operating income | 18.8% | 51.9% | — |
| Net income | 20.5% | 53.2% | — |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Operating margin | -127.0% | -116.8% | -101.5% | — |
| Net margin | -118.7% | -107.5% | -94.1% | — |
Valuation history
At each fiscal year end
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|---|
| Price to earnings | -3.9 | -6.5 | -15.7 | -12.7 | -6.3 | -58.2 | -190.3 |
| Price to sales | 7.4 | 4.8 | 14.2 | 12.8 | 4.8 | 17.7 | 84.4 |
Market value over time
31 Dec 2020 to 4 Nov 2026, in USD
$5.27bn$1.85bn
Share price return
Finished calendar years
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
| Return | -65% | 23% | 166% | -62% | -80% | 74% |
Dividends and splits
Per share, in the currency the company pays
Paid for 0 years. Last went ex-dividend on 25 Feb 2022.
| FY2022 | FY2020 | FY2019 | |
|---|---|---|---|
| Paid in the year | 0.225 | 0.675 | 1.50 |
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.