N 
1.34
+1.52%
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
$102.4m
FY2016FY2025
Net income
−$293.3m
FY2016FY2025
Free cash flow
−$103.2m
FY2016FY2025
Shareholders' equity
$552.0m
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $102.4m | $57.8m | $56.3m | $43.6m | $10.5m | $3.4m | $7.1m | $5.1m | $858,556 | $46,000 |
| Research and development | $30.1m | $39.6m | $65.1m | $75.8m | $41.7m | $9.9m | $8.1m | $8.6m | $10.6m | $3.9m |
| Operating income | −$91.2m | −$88.3m | −$129.3m | −$171.5m | −$82.9m | −$35.6m | −$14.8m | −$15.5m | −$16.7m | −$9.0m |
| Net income | −$293.3m | −$98.8m | −$56.0m | −$227.4m | −$200.8m | −$48.5m | −$8.4m | −$15.5m | −$17.5m | −$9.0m |
| Diluted earnings per share | -1.36 | -0.46 | -0.27 | -0.88 | -0.78 | -0.28 | -2.00 | -0.16 | -0.28 | -0.33 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | $638.2m | $901.9m | $1.06bn | $1.20bn | $1.39bn | $689.3m | $22.9m | $20.3m | $21.4m | $22.2m |
| Cash and short-term investments | $457.8m | $758.0m | $851.5m | $1.03bn | $1.29bn | $670.9m | $3.9m | $3.8m | $6.1m | $12.4m |
| Total liabilities | $86.2m | $43.2m | $48.6m | $53.2m | $45.7m | $22.1m | $11.3m | $4.7m | $3.3m | $2.9m |
| Debt | $9.2m | $10.9m | $13.8m | $18.3m | $6.9m | $3.8m | $3.1m | — | — | — |
| Shareholders' equity | $552.0m | $858.0m | $1.01bn | $1.15bn | $1.34bn | $667.1m | $11.6m | $15.6m | $18.1m | $19.3m |
| Shares outstanding | 216m | 216m | 207m | 258m | 257m | 172m | 4m | 97m | 62m | 27m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | −$102.1m | −$57.0m | −$105.1m | −$92.1m | −$42.6m | −$9.6m | −$12.7m | −$13.4m | −$16.4m | −$5.9m |
| Capital spending | −$1.1m | −$2.9m | −$10.6m | −$9.4m | −$425.8m | −$1.4m | −$601,000 | −$1.3m | −$3.6m | −$4.5m |
| Free cash flow | −$103.2m | −$59.9m | −$115.7m | −$101.4m | −$468.4m | −$11.0m | −$13.3m | −$14.8m | −$20.0m | −$10.5m |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $29.0m | $29.7m | $35.3m | $26.9m | $25.8m | $14.4m | $14.6m | $14.9m |
| Operating income | −$13.8m | −$21.0m | −$22.0m | −$24.7m | −$40.0m | −$40.1m | −$25.1m | −$20.3m |
| Net income | −$6.8m | −$69.7m | −$33.9m | −$53.0m | −$181.0m | −$23.8m | −$8.8m | −$8.3m |
| Diluted earnings per share | -0.03 | -0.33 | -0.16 | -0.25 | -0.84 | -0.11 | -0.04 | -0.04 |
| Cash from operations | −$23.0m | −$7.0m | −$10.0m | −$24.0m | −$45.0m | −$20.0m | −$12.0m | −$13.0m |
| Total assets | $556.8m | $573.2m | $638.2m | $691.9m | $888.8m | $898.2m | $902.5m | $908.1m |
| Cash and short-term investments | $432.1m | $439.8m | $457.8m | $513.8m | $438.1m | $744.7m | — | $760.8m |
| Debt | $77,000 | $8.9m | $9.2m | $9.2m | $9.9m | $4.3m | $276,000 | $4.5m |
| Shareholders' equity | $481.5m | $485.4m | $552.0m | $602.8m | $659.5m | $832.4m | $860.0m | $866.6m |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 32.9% | 97.6% | 165.0% |
| Operating income | -19.0% | 20.7% | 31.8% |
| Net income | 8.8% | 43.3% | 49.1% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Operating margin | -112.0% | -184.6% | -218.5% | -230.1% |
| Net margin | -244.8% | -259.7% | -337.4% | -341.5% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | -1.1 | -5.4 | -8.9 | -2.6 | -4.9 | -32.3 | -1.3 | -69.2 | -108.7 | -177.8 |
| Price to sales | 3.2 | 9.3 | 8.8 | 13.6 | 93.2 | 460.6 | 1.5 | 210.2 | — | — |
Share price return
Finished calendar years
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Return | -28% | 1% | 3% | -39% | -53% | 235% | -78% | -63% | -50% | -25% |
Dividends and splits
Per share, in the currency the company pays
Paid for 0 years.
- 10-to-1 reverse split · 22 Oct 2019
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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