C 
11.73
+3.71%
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
—
FY2015FY2025
Net income
−$219.9m
FY2015FY2025
Free cash flow
−$175.8m
FY2015FY2025
Shareholders' equity
$408.7m
FY2015FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2016 | FY2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | — | — | — | — | $18.9m | $18.9m | — | — | — | — |
| Research and development | $187.4m | $142.9m | $148.2m | $91.9m | $57.8m | $43.2m | $16.8m | $9.6m | — | — |
| Operating income | −$241.6m | −$196.9m | −$191.1m | $144.6m | −$68.0m | −$60.3m | −$22.3m | −$14.6m | −$197,397 | −$95,438 |
| Net income | −$219.9m | −$167.4m | −$153.2m | $111.2m | −$65.0m | −$50.8m | −$20.0m | −$14.2m | −$316,703 | −$109,510 |
| Diluted earnings per share | -3.71 | -2.86 | -3.58 | 2.43 | -1.49 | -1.21 | -18.71 | -17.74 | -0.40 | -0.14 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2016 | FY2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | $448.4m | $621.8m | $484.2m | $561.1m | $437.2m | $214.7m | $100.5m | $34.6m | $3,435 | $118 |
| Cash and short-term investments | $377.9m | $399.0m | $467.1m | $467.3m | $290.5m | $210.2m | $98.6m | $33.8m | — | — |
| Total liabilities | $39.6m | $31.5m | $30.3m | $26.1m | $11.8m | $14.4m | $140.4m | $55.3m | $578,285 | $1.2m |
| Debt | — | — | — | $200,000 | — | — | — | — | $660,816 | $2.2m |
| Shareholders' equity | $408.7m | $590.3m | $453.7m | $535.0m | $425.0m | $199.0m | −$40.8m | −$20.7m | −$574,850 | −$1.2m |
| Shares outstanding | 59m | 59m | 43m | 46m | 44m | 42m | 1m | 1m | 1m | 1m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2016 | FY2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | −$175.8m | −$145.3m | −$134.3m | −$126.7m | −$43.4m | −$29.8m | −$20.9m | −$13.5m | −$228,911 | −$24,030 |
| Capital spending | −$49,000 | — | −$208,000 | −$1.1m | −$589,225 | −$10,000 | −$20,000 | −$261,000 | — | — |
| Free cash flow | −$175.8m | −$145.3m | −$134.5m | −$127.8m | −$44.0m | −$29.8m | −$20.9m | −$13.8m | −$228,911 | −$24,030 |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Operating income | −$57.3m | −$53.7m | −$55.3m | −$55.6m | −$75.8m | −$55.0m | −$55.0m | −$48.9m |
| Net income | −$53.7m | −$49.7m | −$50.7m | −$50.6m | −$70.1m | −$48.5m | −$47.6m | −$40.6m |
| Diluted earnings per share | -0.87 | -0.81 | -0.86 | -0.85 | -1.18 | -0.82 | -0.81 | -0.69 |
| Cash from operations | −$38.0m | −$46.0m | −$38.0m | −$36.0m | −$57.0m | −$43.0m | −$36.0m | −$34.0m |
| Capital spending | — | — | — | −$36.0m | — | — | — | — |
| Free cash flow | — | — | — | −$72.0m | — | — | — | — |
| Total assets | $363.8m | $403.0m | $448.4m | $484.1m | $520.3m | $579.7m | $621.8m | $653.3m |
| Cash and short-term investments | $334.5m | $351.9m | $377.9m | $332.6m | $265.5m | $303.8m | $399.0m | $578.1m |
| Debt | $666,000 | $725,000 | $780,000 | $1.2m | $1.4m | $1.3m | $1.3m | $1.3m |
| Shareholders' equity | $321.8m | $366.2m | $408.7m | $451.4m | $492.1m | $551.8m | $590.3m | $627.9m |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Operating income | — | 32.0% | 112.5% |
| Net income | — | 34.0% | 110.2% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|
| Price to earnings | -2.8 | -4.3 | -2.9 | 4.3 | -10.3 |
| Price to sales | — | — | — | — | 35.5 |
Share price return
Finished calendar years
| 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|
| Return | -7% | 17% | -17% | -31% | -47% |
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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