G
12.37
+9.57%
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
$170.2m
FY2019FY2025
Net income
−$312.8m
FY2019FY2025
Free cash flow
−$178.7m
FY2019FY2025
Shareholders' equity
$508.6m
FY2019FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | |
|---|---|---|---|---|---|---|---|
| Revenue | $170.2m | $227.0m | $251.5m | $477.7m | $313.8m | $76.7m | $54.2m |
| Gross profit | $138.6m | $188.5m | $197.4m | $273.5m | $184.1m | $61.0m | $54.2m |
| Research and development | $243.8m | $424.1m | $580.6m | $1.05bn | $1.15bn | $159.8m | $96.3m |
| Operating income | −$315.3m | −$559.8m | −$864.4m | −$2.21bn | −$1.84bn | −$137.0m | −$71.6m |
| Net income | −$312.8m | −$547.0m | −$892.9m | −$2.10bn | −$1.83bn | −$126.6m | −$119.3m |
| Diluted earnings per share | -5.64 | -10.54 | -17.85 | -45.35 | -47.80 | -3.93 | -4.11 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | |
|---|---|---|---|---|---|---|---|
| Total assets | $1.12bn | $1.38bn | $1.67bn | $2.54bn | $2.07bn | $675.2m | $697.3m |
| Cash and short-term investments | $422.6m | $561.6m | $944.1m | $1.32bn | $1.55bn | $380.8m | $495.3m |
| Total liabilities | $611.1m | $661.4m | $568.2m | $803.0m | $503.6m | $205.1m | $195.5m |
| Debt | $22.8m | $361,000 | $1.5m | — | $22.3m | $17.0m | $17.4m |
| Shareholders' equity | $508.6m | $716.1m | $1.10bn | $1.74bn | $1.51bn | $461.4m | $493.1m |
| Shares outstanding | 55m | 52m | 50m | 46m | 38m | 32m | 29m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | |
|---|---|---|---|---|---|---|---|
| Cash from operations | −$171.1m | −$319.6m | −$295.5m | −$252.2m | −$253.8m | −$135.8m | −$44.7m |
| Capital spending | −$7.7m | −$62.5m | −$40.8m | −$52.3m | −$56.5m | −$57.8m | −$22.2m |
| Free cash flow | −$178.7m | −$382.1m | −$336.3m | −$304.5m | −$310.3m | −$193.7m | −$66.9m |
| Dividends paid | — | — | — | −$981,000 | −$1.51bn | — | — |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $20.2m | $19.5m | $33.4m | $38.8m | $49.6m | $48.3m | $43.8m | $89.0m |
| Gross profit | $18.4m | $3.6m | $41.5m | $26.0m | $34.8m | $36.3m | $34.2m | $79.1m |
| Operating income | −$58.5m | −$71.4m | −$70.8m | −$90.0m | −$65.5m | −$89.0m | −$103.6m | −$55.2m |
| Net income | −$46.7m | −$82.6m | −$80.8m | −$80.8m | −$60.3m | −$91.0m | −$107.5m | −$56.4m |
| Diluted earnings per share | -0.75 | -1.33 | -1.46 | -1.46 | -1.09 | -1.64 | -2.07 | -1.09 |
| Cash from operations | −$44.0m | −$46.0m | −$47.0m | −$31.0m | −$40.0m | −$51.0m | −$42.0m | −$103.0m |
| Capital spending | −$2.0m | −$1.0m | −$15.0m | −$7.0m | — | −$7.0m | −$13.0m | −$15.0m |
| Free cash flow | −$46.0m | −$47.0m | −$62.0m | −$38.0m | — | −$58.0m | −$55.0m | −$118.0m |
| Total assets | $990.0m | $1.03bn | $1.12bn | $1.19bn | $1.23bn | $1.29bn | $1.38bn | $1.48bn |
| Cash and short-term investments | $302.2m | $373.5m | $422.6m | $461.9m | $473.7m | $516.9m | $561.6m | $616.2m |
| Debt | — | — | $22.8m | — | — | — | $29.0m | — |
| Shareholders' equity | $420.3m | $443.2m | $508.6m | $559.8m | $613.0m | $647.4m | $716.1m | $797.9m |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | -29.1% | 18.0% | — |
| Operating income | -47.7% | 18.1% | — |
| Net income | -47.0% | 19.8% | — |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 82.4% | 70.9% | 68.8% | — |
| Operating margin | -220.3% | -350.5% | -390.4% | — |
| Net margin | -216.5% | -342.5% | -383.3% | — |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|
| Price to earnings | -1.5 | -0.9 | -3.8 | -1.5 | -7.0 |
| Price to sales | 2.7 | 2.3 | 13.6 | 6.6 | 40.9 |
Share price return
Finished calendar years
| 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|
| Return | -6% | -88% | 5% | -85% | 9% |
Dividends and splits
Per share, in the currency the company pays
Paid for 0 years.
- 40-to-1 reverse split · 20 Aug 2024
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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