C 
0.61
-0.85%
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
$376.9m
FY2016FY2025
Net income
−$103.4m
FY2016FY2025
Free cash flow
−$12.6m
FY2016FY2025
Shareholders' equity
$119.6m
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $376.9m | $617.6m | $716.3m | $766.9m | $776.3m | $644.3m | $410.9m | $321.1m | $255.1m | $254.1m |
| Research and development | $93.5m | $170.4m | $191.7m | $196.6m | $178.8m | $170.9m | $139.8m | $114.3m | $81.9m | $66.3m |
| Operating income | −$63.3m | −$737.1m | −$67.7m | $9.0m | $78.1m | $56.8m | $17.8m | −$6.2m | −$19.0m | −$40.4m |
| Net income | −$103.4m | −$837.1m | $82.4m | $266.6m | −$1.5m | −$6.2m | −$9.6m | −$14.9m | −$20.3m | −$42.2m |
| Diluted earnings per share | -0.96 | -8.10 | 0.69 | 2.09 | -0.01 | -0.04 | -0.07 | -0.12 | -0.17 | -0.46 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | $276.8m | $869.0m | $1.73bn | $2.47bn | $2.92bn | $2.25bn | $1.49bn | $760.9m | $446.9m | $290.7m |
| Cash and short-term investments | $72.8m | $315.7m | $330.0m | $1.06bn | $1.55bn | $1.15bn | $768.6m | $468.0m | $208.2m | $77.3m |
| Total liabilities | $157.2m | $676.0m | $782.6m | $1.35bn | $1.81bn | $1.64bn | $990.2m | $350.3m | $55.9m | $68.7m |
| Debt | $84.2m | $504.5m | $624.7m | $1.21bn | $1.70bn | $1.53bn | $920.1m | $283.7m | $3.3m | $2.9m |
| Shareholders' equity | $119.6m | $193.0m | $944.6m | $1.12bn | $1.11bn | $609.6m | $498.8m | $410.6m | $391.1m | $221.9m |
| Shares outstanding | 107m | 103m | 119m | 128m | 167m | 141m | 129m | 126m | 122m | 92m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | $15.5m | $125.2m | $246.2m | $255.7m | $273.2m | $236.4m | $113.4m | $75.1m | $51.1m | $24.9m |
| Capital spending | −$28.1m | −$75.0m | −$83.1m | −$103.1m | −$94.2m | −$81.3m | −$42.3m | −$31.2m | −$26.1m | −$24.7m |
| Free cash flow | −$12.6m | $50.3m | $163.1m | $152.6m | $179.0m | $155.1m | $71.1m | $43.9m | $25.0m | $249,000 |
| Dividends paid | — | — | — | — | −$8.9m | −$80.7m | −$877.4m | −$374.8m | — | — |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $51.8m | $63.3m | $72.7m | $77.7m | $105.1m | $121.4m | $143.5m | $136.6m |
| Operating income | −$3.2m | $119,000 | $19.3m | −$17.1m | −$36.5m | −$29.0m | −$27.3m | −$222.3m |
| Net income | −$3.0m | $228,000 | −$32.8m | −$17.5m | −$35.7m | −$17.5m | −$6.1m | −$212.6m |
| Diluted earnings per share | -0.03 | 0.00 | -0.31 | -0.16 | -0.33 | -0.16 | -0.06 | -2.06 |
| Cash from operations | $16.0m | $4.0m | −$9.0m | $4.0m | −$4.0m | $24.0m | $18.0m | $39.0m |
| Capital spending | −$3.0m | −$1.0m | −$6.0m | −$5.0m | −$7.0m | −$8.0m | −$13.0m | −$15.0m |
| Free cash flow | $13.0m | $3.0m | −$15.0m | −$1.0m | −$11.0m | $16.0m | $5.0m | $24.0m |
| Total assets | $227.6m | $244.1m | $276.8m | $378.3m | $404.5m | $438.8m | $869.0m | $1.00bn |
| Cash and short-term investments | $72.3m | $65.9m | $72.8m | $96.4m | $85.6m | $88.3m | $315.7m | $361.1m |
| Debt | $38.1m | $38.1m | $53.8m | $67.7m | $67.1m | $67.0m | $485.9m | $601.5m |
| Shareholders' equity | $118.6m | $121.1m | $119.6m | $146.1m | $157.9m | $185.7m | $193.0m | $185.0m |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | -21.1% | -10.2% | 2.3% |
| Operating income | — | — | 0.9% |
| Net income | — | 75.4% | 5.7% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Operating margin | -80.5% | -34.7% | -18.6% | -15.3% |
| Net margin | -94.6% | -23.9% | -15.4% | -13.7% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | -1.0 | -0.2 | 16.4 | 6.2 | -1812.4 | -541.7 | -134.6 | -63.3 | -25.8 | -4.2 |
| Price to sales | 0.3 | 0.3 | 1.9 | 2.2 | 3.4 | 5.2 | 3.1 | 2.9 | 2.0 | 0.7 |
Share price return
Finished calendar years
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Return | -54% | -82% | -21% | -8% | -36% | 136% | 40% | 67% | 107% | 95% |
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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