I 
2.20
+21.55%
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
$217.4m
FY2018FY2025
Net income
−$144.0m
FY2018FY2025
Free cash flow
−$71.4m
FY2018FY2025
Shareholders' equity
$356.8m
FY2018FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $217.4m | $216.7m | $223.2m | $110.8m | $48.4m | $22.6m | $22.7m | $28.7m |
| Research and development | $154.1m | $175.1m | $154.5m | $121.2m | $58.1m | $22.0m | $20.2m | $13.5m |
| Operating income | −$144.4m | −$170.1m | −$135.4m | −$119.1m | −$74.8m | −$96.1m | −$18.9m | −$8.5m |
| Net income | −$144.0m | −$132.6m | −$117.6m | −$43.4m | −$88.0m | −$97.5m | −$20.5m | −$10.2m |
| Diluted earnings per share | -0.72 | -0.71 | -0.74 | -0.35 | -0.78 | -0.96 | -0.18 | -0.10 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | |
|---|---|---|---|---|---|---|---|---|
| Total assets | $840.8m | $941.4m | $818.9m | $603.4m | $469.3m | $35.1m | $348.4m | $41.5m |
| Cash and short-term investments | $155.7m | $274.2m | $151.7m | $321.6m | $219.1m | $18.7m | $497,549 | $24.2m |
| Total liabilities | $458.1m | $496.0m | $341.9m | $289.0m | $177.4m | $136.6m | $35.5m | $29.4m |
| Debt | $353.4m | $381.3m | $160.8m | $171.4m | $7.9m | $20.8m | $19.0m | $2.3m |
| Shareholders' equity | $356.8m | $417.9m | $446.1m | $312.8m | $313.0m | −$110.3m | $312.9m | $10.5m |
| Shares outstanding | 199m | 186m | 160m | 126m | 112m | 101m | 111m | 106m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | |
|---|---|---|---|---|---|---|---|---|
| Cash from operations | −$57.1m | −$58.6m | −$104.4m | −$76.7m | −$55.8m | −$21.2m | −$14.9m | −$14.7m |
| Capital spending | −$14.3m | −$14.3m | −$12.8m | −$7.6m | −$4.1m | −$771,000 | −$1.7m | −$842,000 |
| Free cash flow | −$71.4m | −$72.9m | −$117.1m | −$84.3m | −$59.9m | −$22.0m | −$16.5m | −$15.6m |
| Dividends paid | — | — | — | — | −$5.0m | — | — | — |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $64.0m | $55.5m | $58.0m | $53.7m | $51.6m | $54.1m | $58.0m | $54.0m |
| Operating income | −$35.9m | −$44.0m | −$32.4m | −$38.4m | −$43.0m | −$38.9m | −$33.3m | −$53.7m |
| Net income | −$37.1m | −$43.2m | −$32.1m | −$38.3m | −$39.0m | −$34.5m | −$32.6m | −$49.7m |
| Diluted earnings per share | -0.17 | -0.20 | -0.16 | -0.19 | -0.20 | -0.17 | -0.18 | -0.27 |
| Cash from operations | −$28.0m | −$22.0m | −$14.0m | −$6.0m | −$7.0m | −$29.0m | −$6.0m | −$22.0m |
| Capital spending | −$3.0m | −$3.0m | −$1.0m | −$4.0m | −$6.0m | −$2.0m | −$2.0m | −$7.0m |
| Free cash flow | −$31.0m | −$25.0m | −$15.0m | −$10.0m | −$13.0m | −$31.0m | −$8.0m | −$29.0m |
| Total assets | $841.5m | $869.6m | $840.8m | $855.1m | $867.6m | $909.0m | $941.4m | $797.5m |
| Cash and short-term investments | $139.0m | $184.7m | $145.5m | $171.2m | $192.6m | $236.6m | $274.2m | $96.9m |
| Debt | $419.5m | $418.5m | $353.4m | $356.8m | $355.7m | $382.2m | $384.3m | $179.4m |
| Shareholders' equity | $294.7m | $324.6m | $356.8m | $369.2m | $390.4m | $405.6m | $417.9m | $458.6m |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 25.2% | 57.2% | — |
| Operating income | 6.6% | 8.5% | — |
| Net income | 49.1% | 8.1% | — |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Operating margin | -72.4% | -74.1% | -88.2% | — |
| Net margin | -63.7% | -57.0% | -74.3% | — |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | |
|---|---|---|---|---|---|---|---|
| Price to earnings | -4.9 | -5.7 | -11.0 | -16.9 | -15.3 | -13.8 | -53.9 |
| Price to sales | 3.2 | 3.5 | 5.8 | 6.6 | 27.8 | 59.3 | 48.5 |
Share price return
Finished calendar years
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|
| Return | -11% | -51% | 28% | -36% | -7% | 12% | 1% |
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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