I 
3.84
+1.05%
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
$5.1m
FY2016FY2025
Net income
−$401.6m
FY2016FY2025
Free cash flow
−$119.2m
FY2016FY2025
Shareholders' equity
−$32.3m
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $5.1m | $16.7m | $19.8m | $13.8m | $4.8m | $421,859 | $7.9m | $3.6m | $7.4m | $10.7m |
| Research and development | $98.7m | $103.1m | $124.8m | $68.6m | $54.9m | $26.9m | $38.3m | $35.9m | $30.3m | $25.1m |
| Operating income | −$154.6m | −$110.6m | −$119.7m | −$64.8m | −$59.1m | −$33.7m | −$34.4m | −$37.7m | −$23.7m | −$14.8m |
| Net income | −$401.6m | −$208.9m | −$125.2m | −$61.5m | −$56.3m | −$35.9m | −$34.3m | −$38.1m | −$19.5m | −$8.0m |
| Diluted earnings per share | -0.63 | -2.18 | -2.57 | -1.46 | -1.42 | -0.94 | -1.28 | -1.72 | -1.19 | -0.80 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | $283.0m | $134.9m | $78.9m | $131.6m | $138.3m | $157.5m | $64.6m | $90.5m | $84.3m | $55.4m |
| Cash and short-term investments | $261.8m | $109.5m | $30.6m | $98.7m | $98.2m | $119.9m | $40.6m | $64.3m | $67.0m | $28.2m |
| Total liabilities | $315.3m | $255.9m | $115.2m | $80.0m | $37.6m | $31.4m | $17.7m | $20.7m | $11.7m | $14.9m |
| Debt | $67.9m | $61.6m | $42.5m | $39.1m | $11.5m | $11.4m | $129,279 | $2.5m | $546,677 | $711,721 |
| Shareholders' equity | −$32.3m | −$120.9m | −$36.3m | $51.6m | $100.8m | $126.1m | $46.9m | $69.9m | $72.6m | $40.5m |
| Shares outstanding | 637m | 96m | 49m | 42m | 40m | 38m | 27m | 22m | 16m | 10m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | −$118.9m | −$97.4m | −$92.6m | −$50.9m | −$54.0m | −$34.7m | −$32.2m | −$38.8m | −$19.3m | −$16.9m |
| Capital spending | −$280,105 | −$377,632 | −$612,376 | −$636,190 | −$605,572 | −$331,136 | −$154,228 | −$622,582 | −$485,397 | −$258,487 |
| Free cash flow | −$119.2m | −$97.8m | −$93.2m | −$51.6m | −$54.6m | −$35.0m | −$32.4m | −$39.4m | −$19.8m | −$17.1m |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | Jun 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $22,681 | $33,411 | $32,887 | $5.1m | $7.5m | $13.6m | $3.2m | $3.1m |
| Operating income | −$79.1m | −$86.1m | −$90.0m | −$64.4m | −$52.6m | −$51.4m | −$60.6m | −$59.3m |
| Net income | −$78.8m | −$205.4m | −$202.1m | −$199.5m | −$156.9m | −$153.3m | −$56.9m | −$55.6m |
| Diluted earnings per share | -0.29 | -0.32 | -0.32 | -0.31 | -0.25 | -1.60 | -0.59 | -0.58 |
| Cash from operations | −$65.0m | −$62.0m | −$58.0m | −$61.0m | −$43.0m | −$42.0m | −$56.0m | −$54.0m |
| Total assets | $284.9m | $288.9m | $283.0m | $202.4m | $138.1m | $134.9m | $45.8m | $44.7m |
| Cash and short-term investments | $188.4m | $115.2m | $261.8m | $138.4m | $112.1m | $109.5m | $12.1m | $11.5m |
| Debt | $15.1m | $37.0m | $67.0m | $67.7m | $6.8m | $59.2m | $6.6m | $55.9m |
| Shareholders' equity | $66.9m | −$33.7m | −$32.3m | −$10.6m | −$123.8m | −$120.9m | −$91.8m | −$89.7m |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | -28.3% | 64.5% | -0.8% |
| Operating income | 33.6% | 35.6% | 24.3% |
| Net income | 86.9% | 62.1% | 44.7% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Operating margin | -1217.7% | -811.6% | -895.4% | -700.2% |
| Net margin | -2802.9% | -1438.8% | -1467.9% | -1043.3% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|
| Price to earnings | -7.4 | -1.0 | -1.8 | -3.0 | -9.6 | -15.5 |
| Price to sales | — | 12.3 | 11.1 | 13.6 | 113.8 | — |
Share price return
Finished calendar years
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
| Return | 85% | -49% | -1% | -68% | 14% | -7% |
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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