L 
39.97
+1.06%
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, before interest expense
$737.9m
FY2017FY2025
Net income
−$165.5m
FY2017FY2025
Total assets
$1.93bn
FY2017FY2025
Shareholders' equity
$533.6m
FY2017FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|
| Revenue, before interest expense | $737.9m | $526.5m | $429.8m | $256.7m | $128.4m | $94.4m | $67.3m | $22.5m | $2.4m |
| Research and development | $18.2m | $85.8m | — | $79.6m | $51.8m | $19.4m | — | — | — |
| Operating income | −$160.9m | −$203.9m | −$229.8m | −$294.8m | −$233.6m | −$120.8m | −$107.9m | −$52.6m | −$26.3m |
| Net income | −$165.5m | −$202.2m | −$236.9m | −$297.8m | −$241.3m | −$122.3m | −$108.5m | −$52.9m | −$28.1m |
| Diluted earnings per share | -2.30 | -2.85 | -3.38 | -4.59 | -3.91 | -2.16 | -2.49 | -4.82 | -2.58 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|
| Total assets | $1.93bn | $1.85bn | $1.30bn | $1.69bn | $1.51bn | $828.7m | $414.3m | $153.8m | $40.5m |
| Cash and short-term investments | $1.11bn | $1.01bn | $937.7m | $1.03bn | $1.07bn | $577.4m | $330.6m | $111.4m | $16.8m |
| Total liabilities | $1.39bn | $1.26bn | $589.7m | $823.9m | $522.3m | $287.7m | $596.8m | $232.9m | $8.5m |
| Debt | $323.4m | $83.4m | $14.9m | — | — | — | — | — | — |
| Shareholders' equity | $533.6m | $593.4m | $708.9m | $866.8m | $988.2m | $541.0m | −$182.5m | −$79.1m | $32.0m |
| Shares outstanding | 72m | 71m | 70m | 65m | 62m | 57m | 44m | 11m | 11m |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue, before interest expense | $274.0m | $234.4m | $228.1m | $194.5m | $164.1m | $151.2m | $148.8m | $136.6m |
| Operating income | −$41.8m | −$34.6m | −$20.6m | −$36.3m | −$42.6m | −$61.4m | −$37.8m | −$65.8m |
| Net income | −$43.4m | −$35.8m | −$21.7m | −$37.5m | −$43.9m | −$62.4m | −$30.0m | −$67.7m |
| Diluted earnings per share | -0.56 | -0.47 | -0.30 | -0.52 | -0.61 | -0.87 | -0.42 | -0.95 |
| Total assets | $1.75bn | $1.96bn | $1.93bn | $1.92bn | $1.93bn | $1.86bn | $1.85bn | $1.82bn |
| Cash and short-term investments | $380.3m | $577.8m | $1.11bn | $586.8m | $670.3m | $639.8m | $1.01bn | $585.3m |
| Debt | $412.8m | $359.2m | $323.4m | $278.0m | $123.5m | $203.8m | $175.8m | $134.8m |
| Shareholders' equity | $499.5m | $518.0m | $533.6m | $516.2m | $527.1m | $545.5m | $593.4m | $593.0m |
Financial ratios
Data as of 17 Oct 2026
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|
| Operating margin | -21.8% | -38.7% | -53.5% | -114.8% | -181.9% | -128.0% |
| Net margin | -22.4% | -38.4% | -55.1% | -116.0% | -187.9% | -129.6% |
| Return on equity | -31.0% | -34.1% | -33.4% | -34.4% | -24.4% | -22.6% |
| Return on assets | -8.6% | -10.9% | -18.2% | -17.6% | -16.0% | -14.8% |
| Revenue growth | 40.2% | 22.5% | 67.4% | 99.9% | 36.0% | 40.3% |
| Earnings growth | -18.2% | -14.6% | -20.4% | 23.4% | 97.3% | 12.7% |
| Current ratio | 1.52x | 1.53x | 4.08x | 29.02x | 2.93x | 49.85x |
| Debt to equity | 0.61x | 0.30x | 0.06x | 0.17x | 0.10x | 0.11x |
| Equity ratio | 27.7% | 32.1% | 54.6% | 51.3% | 65.4% | 65.3% |
| R&D as a share of sales | 2.5% | 16.3% | — | 31.0% | 40.3% | 20.6% |
| Buybacks as a share of market value | -1.1% | -1.5% | -7.8% | -5.2% | -8.9% | -29.9% |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 42.2% | 50.9% | — |
| Operating income | -18.3% | 5.9% | — |
| Net income | -17.8% | 6.2% | — |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|
| Price to earnings | -30.9 | -12.9 | -4.8 | -3.0 | -10.8 | -56.7 |
| Price to sales | 6.9 | 5.0 | 2.6 | 3.5 | 20.2 | 73.5 |
Market value over time
31 Jul 2020 to 16 Oct 2026, in USD
$698.2m$3.40bn
Share price return
Finished calendar years
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
| Return | 111% | 113% | 16% | -64% | -59% | 57% |
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.