N 
12.53
-5.65%
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
$655.4m
FY2016FY2025
Net income
−$136.2m
FY2016FY2025
Free cash flow
−$75.7m
FY2016FY2025
Shareholders' equity
$340.5m
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $655.4m | $605.2m | $509.3m | $537.8m | $535.0m | $494.4m | $351.3m | $248.1m | $177.0m | $82.9m |
| Gross profit | $488.5m | $468.0m | $381.1m | $423.0m | $420.2m | $387.9m | $262.7m | $168.0m | $121.4m | $36.6m |
| Research and development | $224.5m | $209.6m | $223.1m | $206.1m | $201.3m | $132.0m | $79.0m | $50.6m | $38.1m | $41.5m |
| Operating income | −$153.8m | −$170.5m | −$232.9m | −$89.5m | −$48.4m | $30.4m | −$914,000 | −$34.1m | −$39.3m | −$115.7m |
| Net income | −$136.2m | −$168.6m | −$207.0m | −$92.5m | −$58.4m | $19.8m | −$7.2m | −$63.6m | −$61.7m | −$131.8m |
| Diluted earnings per share | -1.22 | -1.56 | -1.94 | -0.88 | -0.56 | 0.18 | -0.07 | -0.68 | -0.69 | -1.52 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | $804.3m | $1.24bn | $1.15bn | $1.19bn | $1.14bn | $1.05bn | $479.4m | $339.8m | $265.3m | $282.1m |
| Cash and short-term investments | $457.5m | $959.9m | $910.6m | $969.4m | $937.7m | $854.1m | $326.1m | $245.9m | $183.3m | $219.6m |
| Total liabilities | $463.9m | $880.6m | $783.6m | $750.5m | $729.0m | $575.5m | $261.7m | $227.5m | $151.7m | $139.7m |
| Debt | $206.7m | $655.5m | $568.8m | $565.5m | $562.2m | $429.9m | $149.5m | $149.4m | $97.5m | $96.4m |
| Shareholders' equity | $340.5m | $360.2m | $362.5m | $441.2m | $410.5m | $476.5m | $217.8m | $112.3m | $113.6m | $142.3m |
| Shares outstanding | 111m | 108m | 107m | 105m | 104m | 111m | 108m | 93m | 89m | 87m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | −$49.0m | −$26.4m | −$73.3m | $30.8m | $82.8m | $99.1m | $26.6m | −$1.9m | −$33.1m | −$107.6m |
| Capital spending | −$26.6m | −$42.9m | −$27.1m | −$21.4m | −$24.2m | −$15.0m | −$10.5m | −$6.7m | −$7.4m | −$17.7m |
| Free cash flow | −$75.7m | −$69.2m | −$100.4m | $9.4m | $58.6m | $84.2m | $16.1m | −$8.6m | −$40.5m | −$125.3m |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $183.6m | $174.1m | $174.3m | $167.2m | $158.8m | $155.0m | $161.3m | $155.1m |
| Gross profit | $142.5m | $135.1m | $132.2m | $122.5m | $117.3m | $116.5m | $127.8m | $119.7m |
| Operating income | −$10.6m | −$67.4m | −$40.4m | −$36.0m | −$39.5m | −$37.9m | −$63.3m | −$32.1m |
| Net income | −$15.7m | −$71.1m | −$24.5m | −$37.3m | −$40.1m | −$34.3m | −$65.9m | −$30.6m |
| Diluted earnings per share | -0.13 | -0.61 | -0.22 | -0.33 | -0.36 | -0.31 | -0.61 | -0.28 |
| Cash from operations | $12.0m | −$13.0m | −$18.0m | $20.0m | −$15.0m | −$35.0m | −$3.0m | $10.0m |
| Capital spending | −$6.0m | −$5.0m | −$4.0m | −$5.0m | −$5.0m | −$10.0m | −$8.0m | −$10.0m |
| Free cash flow | $6.0m | −$18.0m | −$22.0m | $15.0m | −$20.0m | −$45.0m | −$11.0m | $0 |
| Total assets | $795.2m | $787.9m | $804.3m | $1.36bn | $1.25bn | $1.25bn | $1.24bn | $1.22bn |
| Cash and short-term investments | $440.6m | $441.8m | $457.5m | $1.04bn | $911.5m | $931.3m | $959.9m | $963.7m |
| Debt | $195.9m | $195.5m | $206.7m | $755.3m | $657.4m | $656.4m | $663.4m | $654.5m |
| Shareholders' equity | $338.1m | $330.7m | $340.5m | $341.3m | $349.4m | $362.0m | $360.2m | $360.8m |
Financial ratios
Data as of 4 Nov 2026
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|
| Gross margin | 74.5% | 77.3% | 74.8% | 78.6% | 78.5% | 78.5% |
| Operating margin | -20.8% | -20.0% | -37.0% | -16.6% | -8.3% | 7.2% |
| Net margin | -20.8% | -27.9% | -40.6% | -17.2% | -10.9% | 4.0% |
| Return on equity | -40.0% | -46.8% | -57.1% | -21.0% | -14.2% | 4.2% |
| Return on assets | -16.9% | -13.6% | -18.1% | -7.8% | -5.1% | 1.9% |
| Free cash flow yield | -1.5% | 1.1% | -3.2% | 3.7% | 7.7% | 7.7% |
| Revenue growth | 8.3% | 18.8% | -5.3% | 0.5% | 8.2% | 40.7% |
| Earnings growth | -19.2% | -18.6% | 123.7% | 58.6% | -394.6% | -374.0% |
| Current ratio | 2.90x | 1.46x | 5.78x | 7.00x | 7.53x | 8.80x |
| Debt to equity | 0.61x | 1.84x | 1.80x | 1.45x | 1.54x | 0.92x |
| Equity ratio | 42.3% | 29.0% | 31.6% | 37.0% | 36.0% | 45.3% |
| Interest coverage | -8.00x | -10.36x | -38.41x | -26.85x | -12.89x | 1.98x |
| R&D as a share of sales | 34.3% | 34.6% | 43.8% | 38.3% | 37.6% | 26.7% |
| Buybacks as a share of market value | -3.4% | -0.8% | -1.9% | -1.1% | 6.1% | -2.5% |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 6.8% | 5.8% | 34.8% |
| Operating income | 19.8% | — | 4.0% |
| Net income | 13.8% | — | 2.0% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 75.9% | 76.3% | 77.0% | 74.9% |
| Operating margin | -25.7% | -28.0% | -19.9% | -22.7% |
| Net margin | -24.2% | -26.2% | -19.3% | -24.1% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | -10.6 | -19.1 | -7.7 | -29.6 | -47.6 | 344.0 | -447.8 | -17.5 | -10.4 | -1.8 |
| Price to sales | 2.2 | 5.3 | 3.1 | 5.1 | 5.2 | 13.8 | 9.2 | 4.5 | 3.6 | 2.9 |
Market value over time
30 Dec 2016 to 3 Nov 2026, in USD
$675.1m$1.57bn
Share price return
Finished calendar years
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Return | -60% | 131% | -48% | -7% | -53% | 95% | 180% | 53% | 133% | -61% |
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.