C 
96.70
+7.83%
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
$510.0m
FY2022FY2025
Net income
$237.8m
FY2022FY2025
Free cash flow
−$392.8m
FY2022FY2025
Shareholders' equity
−$578.7m
FY2022FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|
| Revenue | $510.0m | $290.3m | $78.7m | $24.6m |
| Gross profit | $199.1m | $122.7m | $26.4m | $2.9m |
| Research and development | $243.3m | $158.2m | $140.1m | $155.4m |
| Operating income | −$145.3m | −$101.6m | −$133.9m | −$178.8m |
| Net income | $237.8m | −$481.6m | −$127.2m | −$177.7m |
| Diluted earnings per share | 1.10 | -2.24 | -2.97 | -0.83 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|
| Total assets | $2.33bn | $1.11bn | $225.5m | $281.5m |
| Cash and short-term investments | $1.11bn | $337.2m | $152.4m | $225.3m |
| Total liabilities | $2.90bn | $2.08bn | $784.5m | $747.8m |
| Debt | $45.9m | $13.3m | $318,000 | $736,000 |
| Shareholders' equity | −$578.7m | −$966.8m | −$559.0m | −$466.3m |
| Shares outstanding | 215m | 215m | 43m | 215m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|
| Cash from operations | −$10.1m | $452.0m | −$79.0m | −$164.4m |
| Capital spending | −$382.7m | −$23.4m | −$6.6m | −$10.5m |
| Free cash flow | −$392.8m | $428.5m | −$85.6m | −$174.9m |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $180.1m | $193.4m | $171.4m | $135.7m | $103.3m | $99.5m | $81.5m | $72.3m |
| Gross profit | $25.6m | $86.2m | $70.2m | $55.1m | $32.1m | $41.6m | $34.7m | $32.0m |
| Operating income | −$477.2m | −$15.0m | −$33.7m | −$26.5m | −$57.2m | −$28.5m | −$40.3m | −$19.4m |
| Net income | −$450.5m | −$14.0m | −$25.6m | −$22.2m | $309.5m | −$23.9m | −$105.7m | −$309.3m |
| Diluted earnings per share | -2.98 | -0.09 | -0.12 | -0.10 | 1.44 | -0.11 | -0.49 | -1.44 |
| Cash from operations | −$59.0m | $12.0m | — | — | — | −$54.0m | — | — |
| Capital spending | −$416.0m | −$131.0m | — | — | — | −$98.0m | — | — |
| Free cash flow | −$475.0m | −$119.0m | — | — | — | −$152.0m | — | — |
| Total assets | $11.63bn | $4.95bn | $2.33bn | — | — | — | $1.11bn | — |
| Cash and short-term investments | $6.74bn | $3.26bn | $1.34bn | — | — | — | $337.2m | — |
| Debt | $88.4m | $1.05bn | $45.9m | — | — | — | $13.3m | — |
| Shareholders' equity | $9.15bn | $2.75bn | $1.35bn | — | — | — | −$966.8m | — |
Financial ratios
Data as of 18 Sept 2026
| FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|
| Gross margin | 39.0% | 42.3% | 33.5% | 11.7% |
| Operating margin | -28.5% | -35.0% | -170.1% | -726.4% |
| Net margin | 46.6% | -165.9% | -161.5% | -721.9% |
| Return on equity | -41.1% | 49.8% | 22.7% | 38.1% |
| Return on assets | 10.2% | -43.3% | -56.4% | -63.1% |
| Free cash flow yield | 0.9% | 1.1% | -0.2% | — |
| Revenue growth | 75.7% | 268.6% | 219.9% | — |
| Earnings growth | -149.4% | 278.8% | -28.5% | — |
| Current ratio | 2.15x | 0.87x | 3.89x | 11.61x |
| Debt to equity | -0.08x | -0.01x | -0.00x | -0.00x |
| Equity ratio | -24.9% | -86.9% | -247.9% | -165.7% |
| R&D as a share of sales | 47.7% | 54.5% | 177.9% | 631.3% |
| Buybacks as a share of market value | 0.0% | 0.0% | — | — |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 174.6% | — | — |
| Operating income | -6.7% | — | — |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 40.2% | 38.9% | — | — |
Market value over time
29 May 2026 to 17 Sept 2026, in USD
$51.01bn$29.31bn
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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