I 
8.26
+8.97%
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
$3.2m
FY2019FY2025
Net income
−$105.9m
FY2019FY2025
Free cash flow
−$93.2m
FY2019FY2025
Shareholders' equity
$416.1m
FY2019FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | |
|---|---|---|---|---|---|---|---|
| Revenue | $3.2m | $2.9m | $3.9m | $8.4m | $4.7m | $4.6m | $3.8m |
| Research and development | $275,000 | $2.9m | $6.1m | $5.0m | $3.8m | $3.6m | $4.2m |
| Operating income | −$120.9m | −$177.0m | −$213.7m | −$158.6m | −$66.5m | $26.6m | $26.2m |
| Net income | −$105.9m | −$128.6m | −$199.4m | −$149.8m | −$59.3m | −$25.2m | −$24.6m |
| Diluted earnings per share | -0.76 | -1.07 | -1.66 | -1.61 | -0.64 | -0.42 | -0.41 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | |
|---|---|---|---|---|---|---|---|
| Total assets | $484.1m | $374.9m | $487.2m | $260.5m | $153.5m | $71.7m | $52.8m |
| Cash and short-term investments | $176.3m | $41.0m | $205.0m | $139.7m | $49.9m | $9.3m | $4.7m |
| Total liabilities | $60.6m | $94.5m | $110.9m | $58.0m | $125.7m | $23.0m | $22.2m |
| Debt | $34.8m | $67.5m | $77.3m | $35.9m | $78.8m | $5.8m | $8.6m |
| Shareholders' equity | $416.1m | $268.6m | $374.3m | $206.4m | $21.9m | $42.0m | $30.8m |
| Shares outstanding | 140m | 120m | 120m | 93m | 93m | 60m | 60m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | |
|---|---|---|---|---|---|---|---|
| Cash from operations | −$89.2m | −$162.1m | −$150.5m | −$115.7m | −$47.8m | −$23.0m | −$23.0m |
| Capital spending | −$4.0m | −$2.9m | −$82.1m | −$44.4m | −$18.4m | −$16.7m | −$4.0m |
| Free cash flow | −$93.2m | −$165.0m | −$232.6m | −$160.1m | −$66.2m | −$39.7m | −$27.0m |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $724,000 | $858,000 | $896,000 | $545,000 | $1.1m | $735,000 | $1.3m | $671,000 |
| Operating income | −$21.5m | $94.4m | −$39.9m | −$23.6m | −$27.8m | −$32.6m | $19.8m | −$46.2m |
| Net income | −$24.7m | $41.7m | −$34.0m | −$17.5m | −$23.9m | −$30.5m | $16.9m | −$43.2m |
| Diluted earnings per share | -0.16 | 0.26 | -0.24 | -0.13 | -0.17 | -0.22 | 0.14 | -0.36 |
| Cash from operations | $46.0m | −$46.0m | −$25.0m | −$27.0m | −$19.0m | −$15.0m | −$30.0m | −$36.0m |
| Capital spending | −$1.0m | −$1.0m | −$3.0m | — | −$1.0m | — | −$1.0m | — |
| Free cash flow | $45.0m | −$47.0m | −$28.0m | — | −$20.0m | — | −$31.0m | — |
| Total assets | $584.8m | $594.3m | $484.1m | $386.2m | $400.5m | $414.4m | $374.9m | $375.4m |
| Cash and short-term investments | $256.9m | $291.8m | $176.3m | $73.5m | $89.3m | $78.9m | $41.0m | $68.1m |
| Debt | $715,000 | $35.0m | $34.8m | $72.8m | $72.2m | $69.7m | $68.3m | $83.5m |
| Shareholders' equity | $525.8m | $540.3m | $416.1m | $280.1m | $293.3m | $307.0m | $268.6m | $250.1m |
Financial ratios
Data as of 28 Oct 2026
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|
| Operating margin | -3726.7% | -4745.0% | -5475.2% | -1879.5% | -1429.3% | -632.3% |
| Net margin | -3263.7% | -4433.7% | -5108.3% | -1775.0% | -1275.2% | -544.7% |
| Return on equity | -25.4% | -47.9% | -53.3% | -72.6% | -270.5% | -60.1% |
| Return on assets | -21.9% | -34.3% | -40.9% | -57.5% | -38.6% | -35.2% |
| Free cash flow yield | -7.5% | -16.0% | -14.9% | -14.8% | -6.1% | -4.5% |
| Revenue growth | 11.8% | -25.7% | -53.8% | 81.4% | 0.4% | 23.5% |
| Earnings growth | -17.7% | -35.5% | 33.1% | 152.6% | 135.1% | 2.4% |
| Current ratio | 3.34x | 2.07x | 5.45x | 8.66x | 1.44x | 1.11x |
| Debt to equity | 0.08x | 0.25x | 0.21x | 0.18x | 3.61x | 0.15x |
| Equity ratio | 86.0% | 71.7% | 76.8% | 79.2% | 14.3% | 58.5% |
| Interest coverage | -29.19x | -53.25x | -72.20x | -163.20x | -43.35x | -167.41x |
| R&D as a share of sales | 8.5% | 98.3% | 156.8% | 59.7% | 82.2% | 78.3% |
| Buybacks as a share of market value | -16.3% | -0.3% | -29.1% | -0.1% | -54.8% | 0.0% |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | -27.3% | -6.9% | — |
| Operating income | -8.7% | — | — |
| Net income | -10.9% | 33.2% | — |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Operating margin | -4846.9% | -3624.9% | -2556.7% | — |
| Net margin | -3816.0% | -3157.1% | -2406.1% | — |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|
| Price to earnings | -29.0 | -10.3 | -8.1 | -10.2 |
| Price to sales | — | 454.5 | 412.4 | 180.2 |
Market value over time
30 Jun 2022 to 27 Oct 2026, in USD
$808.1m$1.34bn
Share price return
Finished calendar years
| 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|
| Return | 95% | -28% | -20% | 27% |
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.