E 
1.88
+8.05%
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
$114.2m
FY2018FY2025
Net income
−$969.6m
FY2018FY2025
Free cash flow
−$265.0m
FY2018FY2025
Shareholders' equity
−$877.3m
FY2018FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $114.2m | $15.6m | $16.4m | $17.9m | $4.6m | $219,000 | $496,000 | — |
| Gross profit | −$143.8m | −$83.3m | −$73.4m | −$135.3m | −$41.9m | −$5.3m | −$7.8m | −$9.2m |
| Research and development | $28.5m | $22.8m | $18.7m | $18.5m | $19.2m | $14.0m | $11.8m | $14.6m |
| Operating income | −$882.9m | −$166.1m | −$145.8m | −$214.4m | −$134.7m | −$39.1m | −$29.8m | −$32.9m |
| Net income | −$969.6m | −$685.9m | −$229.5m | −$229.8m | −$124.2m | −$67.2m | −$79.5m | −$28.5m |
| Diluted earnings per share | -3.72 | -3.16 | -1.15 | -2.78 | -2.31 | -1.35 | -1.17 | -0.42 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | |
|---|---|---|---|---|---|---|---|---|
| Total assets | $885.2m | $260.3m | $186.5m | $106.8m | $169.2m | $138.3m | $13.1m | $15.0m |
| Cash and short-term investments | $602.6m | $74.3m | $69.5m | $17.1m | $104.8m | $121.9m | $862,000 | $5.5m |
| Total liabilities | $1.76bn | $1.33bn | $297.3m | $239.5m | $136.7m | $17.5m | $87.4m | $13.9m |
| Debt | $815.3m | $317.0m | $204.0m | $176.0m | $109.2m | $1.4m | — | $3.4m |
| Shareholders' equity | −$877.3m | −$1.07bn | −$110.8m | −$132.7m | $32.4m | $120.8m | −$74.4m | $1.2m |
| Shares outstanding | 261m | 217m | 199m | 83m | 54m | 50m | 68m | 68m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | |
|---|---|---|---|---|---|---|---|---|
| Cash from operations | −$211.2m | −$153.9m | −$145.0m | −$196.9m | −$116.1m | −$26.6m | −$23.8m | −$24.9m |
| Capital spending | −$53.8m | −$33.2m | −$29.5m | −$20.1m | −$15.6m | −$3.6m | −$2.3m | −$1.7m |
| Free cash flow | −$265.0m | −$187.1m | −$174.5m | −$216.9m | −$131.7m | −$30.2m | −$26.1m | −$26.6m |
| Dividends paid | — | — | −$81.8m | — | −$21.2m | — | — | — |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $68.8m | $57.0m | $58.0m | $30.5m | $15.2m | $10.5m | $7.3m | $854,000 |
| Gross profit | −$48.8m | −$44.4m | −$54.4m | −$33.9m | −$31.0m | −$24.5m | −$23.5m | −$24.9m |
| Operating income | −$83.8m | $518.3m | −$80.8m | −$637.4m | −$63.8m | −$52.4m | −$51.7m | −$53.3m |
| Net income | −$275.7m | $508.9m | −$120.5m | −$641.4m | −$222.9m | $15.1m | −$268.1m | −$342.9m |
| Diluted earnings per share | -0.81 | 1.50 | -0.46 | -2.46 | -0.85 | 0.06 | -1.24 | -1.58 |
| Cash from operations | −$72.0m | −$119.0m | −$50.0m | −$65.0m | −$66.0m | −$28.0m | −$42.0m | −$44.0m |
| Capital spending | −$35.0m | −$35.0m | −$24.0m | −$16.0m | −$7.0m | −$4.0m | −$13.0m | −$9.0m |
| Free cash flow | −$107.0m | −$154.0m | −$74.0m | −$81.0m | −$73.0m | −$32.0m | −$55.0m | −$53.0m |
| Total assets | $906.8m | $799.3m | $885.2m | $328.2m | $361.0m | $263.3m | $260.3m | $216.8m |
| Cash and short-term investments | $305.5m | $450.4m | $602.6m | $58.7m | $120.2m | $82.6m | $74.3m | $23.0m |
| Debt | $618.9m | $621.5m | $815.3m | $448.5m | $447.5m | $327.4m | $318.8m | $189.1m |
| Shareholders' equity | −$317.6m | −$285.8m | −$877.3m | −$2.32bn | −$1.10bn | −$942.2m | −$1.07bn | −$573.8m |
Financial ratios
Data as of 21 Oct 2026
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|
| Gross margin | -125.9% | -533.5% | -448.3% | -755.1% | -910.9% | -2415.5% |
| Operating margin | -828.7% | -1064.1% | -890.1% | -1196.2% | -2588.4% | -17839.7% |
| Net margin | -849.1% | -4394.9% | -1401.3% | -1282.2% | -2701.5% | -30683.1% |
| Return on equity | 110.5% | 64.1% | 207.1% | 173.2% | -382.8% | -55.6% |
| Return on assets | -109.5% | -263.5% | -123.1% | -215.2% | -73.4% | -48.6% |
| Free cash flow yield | -46.9% | -41.1% | -42.2% | -138.0% | -125.1% | -30.9% |
| Revenue growth | 631.8% | -4.7% | -8.6% | 289.8% | 1999.5% | -55.8% |
| Earnings growth | 41.4% | 198.8% | -0.1% | 85.0% | 84.9% | -15.5% |
| Current ratio | 4.94x | 2.77x | 2.01x | 0.91x | 4.77x | 9.38x |
| Debt to equity | -0.93x | -0.30x | -1.85x | -1.33x | 0.38x | 0.01x |
| Equity ratio | -99.1% | -411.2% | -59.4% | -124.3% | 19.2% | 87.4% |
| Interest coverage | -40.70x | -5.89x | -2.59x | -11.40x | -22.88x | -1.64x |
| R&D as a share of sales | 25.0% | 145.8% | 114.2% | 103.0% | 416.6% | 6384.9% |
| Buybacks as a share of market value | -20.3% | -8.9% | -140.9% | -53.7% | -8.0% | 27.0% |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 85.4% | 249.5% | — |
| Operating income | 60.3% | 86.6% | — |
| Net income | 61.6% | 70.6% | — |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | -174.9% | -265.6% | -285.9% | — |
| Operating margin | -808.1% | -858.7% | -937.1% | — |
| Net margin | -1275.3% | -1288.7% | -1365.2% | — |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|
| Price to earnings | -1.9 | -0.9 | -0.6 | -0.3 | -2.0 | -9.3 |
| Price to sales | 15.8 | 40.9 | 8.0 | 4.1 | 53.3 | — |
Market value over time
30 Jun 2020 to 20 Oct 2026, in USD
$42.9m$570.9m
Share price return
Finished calendar years
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
| Return | 205% | 258% | 5% | -87% | -46% | 50% |
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.