P 
14.37
+14.50%
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
$307.7m
FY2020FY2026
Net income
−$246.9m
FY2020FY2026
Free cash flow
$57.6m
FY2020FY2026
Shareholders' equity
$188.4m
FY2020FY2026
Income statement
Fiscal years
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|---|
| Revenue | $307.7m | $244.4m | $220.7m | $191.3m | $131.2m | $113.2m | $95.7m |
| Research and development | $106.7m | $101.0m | $116.3m | $110.9m | $66.7m | $43.8m | $37.9m |
| Operating income | −$95.1m | −$116.1m | −$169.7m | −$175.7m | −$126.2m | −$87.4m | −$116.6m |
| Net income | −$246.9m | −$123.2m | −$140.5m | −$162.0m | −$137.1m | −$127.1m | −$123.7m |
| Diluted earnings per share | -0.69 | -0.40 | -0.48 | -0.57 | -0.51 | -2.70 | -2.88 |
Balance sheet
At each fiscal year end
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|---|
| Total assets | $1.15bn | $633.8m | $702.0m | $752.7m | $821.4m | $399.3m | $363.0m |
| Cash and short-term investments | $640.7m | $228.7m | $298.9m | $408.8m | $490.8m | $71.2m | $21.7m |
| Total liabilities | $957.3m | $192.5m | $184.0m | $176.6m | $173.2m | $291.8m | $145.4m |
| Debt | $454.2m | — | — | — | — | $163.9m | $57.5m |
| Shareholders' equity | $188.4m | $441.3m | $518.0m | $576.1m | $648.2m | $107.5m | $217.6m |
| Shares outstanding | 360m | 309m | 293m | 284m | 268m | 47m | 43m |
Cash flow
Fiscal years
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|---|
| Cash from operations | $134.4m | −$14.4m | −$50.7m | −$73.9m | −$42.2m | −$4.0m | −$33.7m |
| Capital spending | −$76.7m | −$44.3m | −$42.4m | −$12.8m | −$14.9m | −$30.1m | −$24.1m |
| Free cash flow | $57.6m | −$58.7m | −$93.1m | −$86.7m | −$57.1m | −$34.2m | −$57.8m |
Latest quarters
By quarter end
| Jul 2026 | Apr 2026 | Jan 2026 | Oct 2025 | Jul 2025 | Apr 2025 | Jan 2025 | Oct 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $116.1m | $94.2m | $86.8m | $81.3m | $73.4m | $66.3m | $61.6m | $61.3m |
| Operating income | −$13.5m | −$34.9m | −$36.0m | −$18.3m | −$18.0m | −$22.8m | −$19.4m | −$22.6m |
| Net income | −$9.4m | −$138.9m | −$152.5m | −$59.2m | −$22.6m | −$12.6m | −$35.2m | −$20.1m |
| Diluted earnings per share | -0.03 | -0.39 | -0.42 | -0.19 | -0.07 | -0.04 | -0.11 | -0.07 |
| Cash from operations | $52.0m | $15.0m | $20.0m | $28.0m | $67.0m | $17.0m | −$6.0m | $4.0m |
| Capital spending | −$27.0m | −$17.0m | −$21.0m | −$27.0m | −$18.0m | −$9.0m | −$13.0m | −$9.0m |
| Free cash flow | $25.0m | −$2.0m | −$1.0m | $1.0m | $49.0m | $8.0m | −$19.0m | −$5.0m |
| Total assets | $1.43bn | $1.25bn | $1.15bn | $1.11bn | $696.4m | $658.4m | $633.8m | $630.8m |
| Cash and short-term investments | $865.4m | $731.7m | $640.1m | $677.3m | $277.9m | $226.1m | $222.1m | $242.2m |
| Debt | $448.3m | $451.0m | $454.2m | $454.1m | $8.4m | $8.8m | $9.2m | $9.1m |
| Shareholders' equity | $564.4m | $443.7m | $188.4m | $349.6m | $435.7m | $444.8m | $441.3m | $464.6m |
Financial ratios
Data as of 10 Oct 2026
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|---|
| Operating margin | -77.6% | -42.0% | -63.3% | -84.2% | -96.2% | -103.0% | — |
| Net margin | -80.2% | -50.4% | -63.7% | -84.7% | -104.5% | -112.3% | — |
| Return on equity | -131.0% | -27.9% | -27.1% | -28.1% | -21.2% | -118.2% | — |
| Return on assets | -21.5% | -19.4% | -20.0% | -21.5% | -16.7% | -31.8% | — |
| Free cash flow yield | 3.4% | 0.6% | -0.2% | -1.3% | -0.6% | 3.2% | — |
| Revenue growth | 25.9% | 10.7% | 15.4% | 45.8% | 15.9% | 18.2% | — |
| Earnings growth | 100.4% | -12.3% | -13.2% | 18.1% | 7.9% | 2.7% | — |
| Current ratio | 1.65x | 2.13x | 2.71x | 3.89x | 4.18x | 1.15x | — |
| Debt to equity | 2.41x | 0.02x | 0.02x | 0.01x | 0.00x | 0.95x | — |
| Equity ratio | 16.4% | 69.6% | 73.8% | 76.5% | 78.9% | 26.9% | — |
| Interest coverage | -69.49x | -123.45x | — | -24.58x | -14.39x | -12.34x | -16.79x |
| R&D as a share of sales | 34.7% | 41.3% | 52.7% | 58.0% | 50.8% | 38.7% | — |
| Buybacks as a share of market value | -16.3% | -5.4% | -3.2% | -6.1% | -468.4% | -9.6% | — |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 16.7% | 36.5% | — |
| Operating income | -18.5% | 1.7% | — |
| Net income | 15.1% | 14.2% | — |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Operating margin | -38.3% | -57.7% | -63.7% | — |
| Net margin | -67.0% | -69.8% | -77.5% | — |
Valuation history
At each fiscal year end
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Price to earnings | -18.4 | -49.5 | -8.4 | -4.3 | -8.5 | -2.3 |
| Price to sales | 14.9 | 25.0 | 5.4 | 3.7 | 9.8 | 4.5 |
Market value over time
30 Apr 2021 to 9 Oct 2026, in USD
$89.3m$6.18bn
Share price return
Finished calendar years
| 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|
| Return | 352% | 56% | -49% | -17% | -40% |
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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