4 
12.48
+1.88%
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
$85.2m
FY2017FY2025
Net income
−$140.1m
FY2017FY2025
Free cash flow
−$109.6m
FY2017FY2025
Shareholders' equity
$505.7m
FY2017FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | $85.2m | $37,000 | $20.7m | $3.1m | $18.0m | $13.6m | $7.0m | $14.1m | $5.8m |
| Research and development | $195.7m | $141.3m | $97.1m | $80.3m | $61.4m | $53.0m | $43.9m | $18.4m | $13.6m |
| Operating income | −$159.5m | −$187.8m | −$112.9m | −$110.0m | −$71.3m | −$56.7m | −$50.8m | −$10.4m | −$11.3m |
| Net income | −$140.1m | −$160.9m | −$100.8m | −$101.1m | −$68.3m | −$56.7m | −$49.3m | −$9.6m | −$11.2m |
| Diluted earnings per share | -2.42 | -2.98 | -2.58 | -3.11 | -2.53 | -2.12 | -3.32 | -1.88 | -0.76 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|
| Total assets | $566.7m | $560.4m | $339.9m | $261.8m | $353.5m | $288.3m | $58.2m | $97.0m | $27.3m |
| Cash and short-term investments | $402.7m | $424.9m | $288.2m | $213.6m | $247.8m | $276.7m | $49.7m | $91.8m | $23.9m |
| Total liabilities | $61.0m | $49.8m | $32.1m | $30.5m | $34.4m | $31.9m | $131.2m | $124.6m | $46.9m |
| Debt | $5.6m | — | — | — | — | — | — | — | — |
| Shareholders' equity | $505.7m | $510.6m | $307.8m | $231.3m | $319.1m | $256.4m | −$73.0m | −$27.6m | −$19.6m |
| Shares outstanding | 58m | 54m | 39m | 32m | 27m | 27m | 15m | 5m | 15m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | −$109.1m | −$134.6m | −$75.8m | −$86.7m | −$69.1m | −$50.9m | −$36.7m | −$16.3m | $8.2m |
| Capital spending | −$536,000 | −$3.8m | −$2.8m | −$11.5m | −$9.1m | −$1.0m | −$3.2m | −$414,000 | −$573,000 |
| Free cash flow | −$109.6m | −$138.4m | −$78.6m | −$98.2m | −$78.2m | −$51.9m | −$39.9m | −$16.7m | $7.7m |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $3.8m | $3.0m | $85.1m | $90,000 | $15,000 | $14,000 | $1,000 | $3,000 |
| Operating income | −$77.0m | −$73.6m | $14.7m | −$61.2m | −$59.5m | −$53.6m | −$56.1m | −$51.1m |
| Net income | −$72.9m | −$68.8m | $19.4m | −$56.9m | −$54.7m | −$48.0m | −$49.7m | −$43.8m |
| Diluted earnings per share | -1.04 | -0.98 | 0.33 | -0.98 | -0.94 | -0.83 | -0.92 | -0.81 |
| Cash from operations | −$69.0m | −$68.0m | $28.0m | −$46.0m | −$43.0m | −$47.0m | −$45.0m | −$29.0m |
| Capital spending | — | — | — | — | — | — | — | −$1.0m |
| Free cash flow | — | — | — | — | — | — | — | −$30.0m |
| Total assets | $492.6m | $512.9m | $566.7m | $424.0m | $473.6m | $515.7m | $560.4m | $604.0m |
| Cash and short-term investments | $361.3m | $390.9m | $402.7m | $305.1m | $293.2m | $321.4m | $424.9m | $501.9m |
| Debt | $5.4m | $5.5m | $5.6m | $5.7m | $5.7m | $5.7m | $5.6m | $5.1m |
| Shareholders' equity | $407.7m | $451.8m | $505.7m | $369.0m | $420.9m | $469.7m | $510.6m | $552.9m |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 200.9% | 44.3% | — |
| Operating income | 13.2% | 23.0% | — |
| Net income | 11.5% | 19.8% | — |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|
| Price to earnings | -3.1 | -1.9 | -7.9 | -7.1 | -8.7 | -19.5 |
| Price to sales | 5.1 | — | 38.3 | 230.6 | 32.9 | 81.3 |
Share price return
Finished calendar years
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
| Return | 46% | -70% | -2% | 3% | -55% | 11% |
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.