A 
6.76
+5.46%
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
$262.6m
FY2016FY2025
Net income
−$80.8m
FY2016FY2025
Free cash flow
−$275.7m
FY2016FY2025
Shareholders' equity
$433.8m
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $262.6m | $263.4m | $78.5m | $131.4m | $46.7m | $21.8m | $43.0m | $14.3m | $7.6m | $6.7m |
| Gross profit | $257.4m | $263.4m | $78.5m | $131.4m | $46.7m | $21.8m | $43.0m | $14.3m | $7.6m | $6.7m |
| Research and development | $282.9m | $348.2m | $379.7m | $315.0m | $180.4m | $108.4m | $67.2m | $45.2m | $28.8m | $19.9m |
| Operating income | −$114.9m | −$250.2m | −$401.5m | −$263.2m | −$195.3m | −$124.9m | −$51.5m | −$43.8m | −$24.8m | −$16.5m |
| Net income | −$80.8m | −$198.9m | −$367.3m | −$271.9m | −$183.2m | −$111.8m | −$62.1m | −$41.5m | −$24.0m | −$14.4m |
| Diluted earnings per share | -1.24 | -2.76 | -6.01 | -5.11 | -3.47 | -2.68 | -1.66 | -1.33 | -1.16 | -7.18 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | $717.9m | $1.09bn | $1.30bn | $1.27bn | $1.58bn | $717.4m | $301.6m | $199.3m | $66.8m | $37.9m |
| Cash and short-term investments | $685.4m | $1.04bn | $1.26bn | $1.21bn | $1.50bn | $688.6m | $280.9m | $187.8m | $39.2m | $35.6m |
| Total liabilities | $284.1m | $529.7m | $644.6m | $703.9m | $799.9m | $75.2m | $75.0m | $62.6m | $66.6m | $13.9m |
| Debt | $2.1m | $600,000 | $800,000 | $1.0m | $1.0m | $2.0m | $2.0m | $2.2m | $300,000 | $500,000 |
| Shareholders' equity | $433.8m | $561.7m | $660.0m | $564.9m | $781.7m | $642.2m | $226.7m | $136.7m | $245,870 | $24.0m |
| Shares outstanding | 65m | 72m | 61m | 53m | 53m | 42m | 37m | 31m | 21m | 2m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | −$273.8m | −$259.3m | −$347.8m | −$273.5m | $559.4m | −$89.8m | −$40.6m | −$16.1m | $5.1m | −$19.4m |
| Capital spending | −$1.9m | −$1.8m | −$2.9m | −$6.8m | −$4.7m | −$6.4m | −$6.2m | −$2.8m | −$1.0m | −$306,667 |
| Free cash flow | −$275.7m | −$261.1m | −$350.7m | −$280.3m | $554.7m | −$96.2m | −$46.9m | −$18.9m | $4.1m | −$19.7m |
| Dividends paid | — | — | — | — | — | — | −$3.4m | −$60.5m | — | — |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $249.7m | $15.6m | $9.5m | $41.9m | $22.4m | $188.8m | $59.2m | $102.4m |
| Gross profit | $240.7m | $14.5m | $8.3m | $41.9m | $22.4m | $188.8m | $59.2m | $102.4m |
| Operating income | $164.1m | −$62.7m | −$71.7m | −$43.8m | −$71.5m | $71.4m | −$58.2m | −$60.3m |
| Net income | $169.4m | −$57.6m | −$67.4m | −$35.1m | −$61.2m | $82.9m | −$45.1m | −$49.2m |
| Diluted earnings per share | 2.58 | -0.88 | -1.04 | -0.54 | -0.94 | 1.28 | -0.63 | -0.68 |
| Cash from operations | −$48.0m | −$69.0m | −$30.0m | −$59.0m | −$95.0m | −$88.0m | −$84.0m | −$128.0m |
| Capital spending | — | −$1.0m | — | — | −$1.0m | — | — | — |
| Free cash flow | — | −$70.0m | — | — | −$96.0m | — | — | — |
| Total assets | $675.1m | $647.5m | $717.9m | $844.3m | $909.3m | $1.00bn | $1.09bn | $1.17bn |
| Cash and short-term investments | $567.9m | $614.9m | $685.4m | $787.6m | $861.2m | $954.3m | $1.04bn | $1.12bn |
| Debt | $2.2m | $2.1m | $2.1m | $2.3m | $2.3m | $2.4m | $2.4m | $1.4m |
| Shareholders' equity | $562.2m | $386.8m | $433.8m | $564.4m | $609.3m | $660.1m | $561.7m | $586.0m |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 26.0% | 64.6% | — |
| Operating income | -24.1% | -1.6% | — |
| Net income | -33.3% | -6.3% | — |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 99.0% | 99.3% | 99.4% | — |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | |
|---|---|---|---|---|---|---|---|---|
| Price to earnings | -9.5 | -3.3 | -3.2 | -3.2 | -11.2 | -15.0 | -11.7 | -4.5 |
| Price to sales | 2.9 | 2.5 | 15.1 | 6.5 | 44.0 | 77.1 | 16.9 | 13.2 |
Share price return
Finished calendar years
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|
| Return | 28% | -51% | 10% | -54% | 6% | 79% | 179% | -11% |
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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