C 
70.37
+5.36%
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
$154,000
FY2016FY2025
Net income
−$177.0m
FY2016FY2025
Free cash flow
−$153.5m
FY2016FY2025
Shareholders' equity
$100.6m
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $154,000 | — | — | — | — | — | — | — | — | — |
| Gross profit | −$167,000 | −$129,947 | −$142,772 | −$210,918 | −$303,235 | −$385,591 | −$338,996 | −$223,037 | −$104,704 | −$73,059 |
| Research and development | $145.0m | $104.2m | $60.6m | $35.3m | $25.8m | $7.7m | $6.3m | $6.3m | $5.0m | $3.1m |
| Operating income | −$172.2m | −$113.3m | −$66.2m | −$39.4m | −$28.4m | −$9.6m | −$7.8m | −$7.9m | −$6.0m | −$3.3m |
| Net income | −$177.0m | −$111.8m | −$63.8m | −$40.4m | −$29.6m | −$9.5m | −$7.4m | −$7.5m | −$6.3m | −$3.3m |
| Diluted earnings per share | -3.37 | -2.61 | -2.21 | -2.39 | -1.99 | -0.92 | -0.72 | -0.74 | -0.62 | -0.49 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | $466.6m | $245.1m | $191.2m | $175.7m | $85.9m | $13.0m | $20.3m | $26.0m | $32.0m | $6.1m |
| Cash and short-term investments | $441.5m | $235.1m | $180.6m | $168.6m | $84.3m | $11.7m | $18.8m | $24.9m | $24.2m | $5.9m |
| Total liabilities | $366.0m | $129.5m | $51.5m | $41.9m | $17.2m | $1.3m | $983,229 | $682,210 | $578,053 | $445,359 |
| Debt | $321.9m | $97.7m | $37.0m | $35.0m | $14.6m | — | — | — | — | — |
| Shareholders' equity | $100.6m | $115.6m | $139.8m | $133.8m | $68.7m | $11.7m | $19.3m | $25.3m | $31.4m | $5.6m |
| Shares outstanding | 53m | 43m | 29m | 17m | 15m | 10m | 10m | 10m | 10m | 7m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | −$153.3m | −$83.5m | −$53.8m | −$36.0m | −$20.3m | −$7.1m | −$6.0m | −$6.1m | −$4.9m | −$2.9m |
| Capital spending | −$249,000 | −$249,878 | −$97,644 | −$158,768 | −$81,898 | −$89,371 | −$380,201 | −$629,608 | −$239,848 | −$40,903 |
| Free cash flow | −$153.5m | −$83.7m | −$53.9m | −$36.2m | −$20.4m | −$7.2m | −$6.4m | −$6.7m | −$5.2m | −$2.9m |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | — | — | — | $154,000 | — | — | $121,344 | — |
| Gross profit | — | −$47,000 | — | −$41,000 | −$40,000 | −$37,000 | −$35,254 | −$34,021 |
| Operating income | −$66.1m | −$50.5m | −$49.2m | −$42.8m | −$44.0m | −$36.1m | −$36.4m | −$30.1m |
| Net income | −$78.9m | −$52.8m | −$51.0m | −$43.8m | −$45.3m | −$37.0m | −$36.7m | −$29.8m |
| Diluted earnings per share | -1.44 | -0.96 | -0.97 | -0.83 | -0.86 | -0.70 | -0.85 | -0.69 |
| Cash from operations | −$55.0m | −$55.0m | −$36.0m | −$44.0m | −$36.0m | −$35.0m | −$27.0m | −$20.0m |
| Total assets | $828.2m | $410.2m | $466.6m | $476.0m | $183.6m | $218.1m | $245.1m | $273.0m |
| Cash and short-term investments | $182.0m | $145.2m | $441.5m | $455.0m | $168.4m | $205.7m | $235.1m | $264.1m |
| Debt | $257,000 | $323.4m | $321.9m | $320.3m | $99.4m | $98.7m | $97.9m | $97.1m |
| Shareholders' equity | −$12.8m | $53.5m | $100.6m | $117.0m | $44.4m | $86.7m | $115.6m | $149.7m |
Financial ratios
Data as of 15 Oct 2026
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|
| Gross margin | -108.4% | — | — | — | — | — |
| Operating margin | -103827.3% | — | — | — | — | — |
| Net margin | -114962.3% | — | — | — | — | — |
| Return on equity | -176.1% | -96.7% | -45.6% | -30.2% | -43.1% | -81.0% |
| Return on assets | -37.9% | -45.6% | -33.4% | -23.0% | -34.5% | -73.1% |
| Free cash flow yield | -4.9% | -3.2% | -3.1% | -3.5% | -2.3% | -1.1% |
| Earnings growth | 58.4% | 75.3% | 58.0% | 36.4% | 212.5% | 28.7% |
| Current ratio | 10.55x | 7.71x | 13.43x | 25.45x | 34.06x | 10.26x |
| Debt to equity | 3.20x | 0.85x | 0.27x | 0.26x | 0.22x | 0.02x |
| Equity ratio | 21.6% | 47.2% | 73.1% | 76.1% | 80.0% | 90.3% |
| Interest coverage | -9.32x | -9.87x | -10.97x | -18.17x | -22.45x | -79634.70x |
| R&D as a share of sales | 94152.6% | — | — | — | — | — |
| Buybacks as a share of market value | -22.5% | -48.4% | -71.3% | -13.2% | -45.1% | -0.3% |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Operating income | 63.5% | 78.3% | 54.2% |
| Net income | 63.7% | 79.6% | 54.7% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | -29.6 | -5.0 | -6.6 | -5.9 | -6.6 | -9.9 | -14.8 | -32.6 | -30.6 |
Market value over time
29 Sept 2017 to 14 Oct 2026, in USD
$73.4m$3.28bn
Share price return
Finished calendar years
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|
| Return | 720% | -17% | 11% | 6% | 15% | 8% | -58% | 23% | 33% |
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.