P 
1.50
+3.45%
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
$709.9m
FY2016FY2025
Net income
−$1.63bn
FY2016FY2025
Free cash flow
−$661.5m
FY2016FY2025
Shareholders' equity
$978.1m
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $709.9m | $628.8m | $891.3m | $701.4m | $502.3m | −$93.2m | $230.0m | $174.2m | $132.9m | $85.9m |
| Gross profit | −$242.0m | −$624.9m | −$507.8m | −$194.4m | −$171.3m | −$469.4m | $27.7m | $2.2m | $1.6m | $3.9m |
| Research and development | $58.0m | $77.2m | $113.7m | $99.6m | $64.8m | $27.8m | $33.7m | $33.9m | $28.7m | $21.2m |
| Operating income | −$679.6m | −$2.06bn | −$1.34bn | −$721.4m | −$437.0m | −$566.5m | −$50.0m | −$71.3m | −$117.0m | −$47.2m |
| Net income | −$1.63bn | −$2.10bn | −$1.37bn | −$724.0m | −$460.0m | −$596.2m | −$85.5m | −$78.1m | −$127.1m | −$57.5m |
| Diluted earnings per share | -1.41 | -2.30 | -2.26 | -1.24 | -0.80 | -1.30 | -0.36 | -0.36 | -0.56 | -0.32 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | $2.59bn | $3.60bn | $4.90bn | $5.76bn | $5.95bn | $1.36bn | $898.7m | $390.3m | $270.8m | $240.8m |
| Cash and short-term investments | $555.3m | $205.7m | $135.0m | $2.16bn | $3.87bn | $448.1m | $152.5m | $38.6m | $24.8m | $46.0m |
| Total liabilities | $1.59bn | $1.80bn | $2.00bn | $1.70bn | $1.34bn | $769.8m | $664.2m | $387.6m | $197.2m | $155.7m |
| Debt | $784.8m | $765.2m | $613.2m | $578.4m | $603.7m | $448.0m | $368.9m | $272.5m | $103.7m | $68.3m |
| Shareholders' equity | $978.1m | $1.73bn | $2.90bn | $4.06bn | $4.61bn | $586.3m | $234.6m | $2.7m | $73.6m | $85.1m |
| Shares outstanding | 1,159m | 914m | 606m | 583m | 577m | 458m | 237m | 219m | 228m | 181m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | −$535.8m | −$728.6m | −$1.11bn | −$620.8m | −$358.2m | −$155.5m | −$53.3m | −$58.4m | −$60.2m | −$29.6m |
| Capital spending | −$125.6m | −$334.2m | −$696.1m | −$463.9m | −$193.3m | −$50.2m | −$12.2m | −$19.6m | −$44.4m | −$58.1m |
| Free cash flow | −$661.5m | −$1.06bn | −$1.80bn | −$1.08bn | −$551.4m | −$205.7m | −$65.5m | −$77.9m | −$104.5m | −$87.7m |
| Dividends paid | — | — | — | −$23.7m | −$32.1m | −$16.3m | — | — | −$64.6m | −$116.3m |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $178.3m | $163.5m | $225.2m | $177.1m | $174.0m | $133.7m | $191.5m | $173.7m |
| Gross profit | −$1.7m | −$21.6m | $5.5m | −$120.2m | −$53.5m | −$73.9m | −$234.5m | −$100.0m |
| Operating income | −$64.1m | −$228.6m | −$883.1m | −$347.0m | −$212.8m | −$185.4m | −$1.32bn | −$216.2m |
| Net income | −$188.2m | −$245.3m | −$846.0m | −$361.9m | −$227.1m | −$196.7m | −$1.34bn | −$211.2m |
| Diluted earnings per share | -0.14 | -0.18 | -0.73 | -0.31 | -0.20 | -0.17 | -1.46 | -0.23 |
| Cash from operations | −$94.0m | −$150.0m | −$148.0m | −$89.0m | −$191.0m | −$105.0m | −$131.0m | −$174.0m |
| Capital spending | −$6.0m | −$8.0m | −$9.0m | −$30.0m | −$38.0m | −$40.0m | −$39.0m | −$89.0m |
| Free cash flow | −$100.0m | −$158.0m | −$157.0m | −$119.0m | −$229.0m | −$145.0m | −$170.0m | −$263.0m |
| Total assets | $2.19bn | $2.37bn | $2.59bn | $3.10bn | $3.35bn | $3.63bn | $3.60bn | $4.72bn |
| Cash and short-term investments | $161.9m | $223.2m | $555.3m | $165.9m | $140.7m | $295.8m | $205.7m | $93.9m |
| Debt | $67.5m | $820.1m | $784.8m | $551.7m | $513.6m | $488.9m | $549.4m | $374.1m |
| Shareholders' equity | $581.8m | $749.8m | $978.1m | $1.42bn | $1.68bn | $1.86bn | $1.73bn | $3.03bn |
Financial ratios
Data as of 26 Oct 2026
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|
| Gross margin | -34.1% | -99.4% | -57.0% | -27.7% | -34.1% | 503.5% |
| Operating margin | -229.3% | -327.8% | -149.3% | -97.5% | -86.2% | 607.6% |
| Net margin | -229.8% | -334.7% | -153.6% | -103.2% | -91.6% | 639.4% |
| Return on equity | -166.8% | -121.4% | -47.2% | -17.8% | -10.0% | -101.7% |
| Return on assets | -62.9% | -58.4% | -27.9% | -12.6% | -7.7% | -44.0% |
| Free cash flow yield | -25.7% | -31.3% | -49.1% | -19.5% | -20.7% | -16.7% |
| Revenue growth | 12.9% | -29.5% | 27.1% | 39.6% | -638.8% | -140.5% |
| Earnings growth | -22.5% | 53.8% | 89.1% | 57.4% | -22.8% | 597.5% |
| Current ratio | 2.31x | 1.97x | 1.85x | 5.20x | 10.58x | 3.09x |
| Debt to equity | 0.80x | 0.32x | 0.18x | 0.08x | 0.09x | 0.35x |
| Equity ratio | 37.7% | 48.1% | 59.1% | 70.4% | 77.4% | 43.2% |
| Interest coverage | -25.00x | -44.21x | -29.45x | -17.53x | -10.02x | -9.37x |
| R&D as a share of sales | 8.2% | 12.3% | 12.8% | 14.2% | 12.9% | -29.9% |
| Buybacks as a share of market value | -26.8% | -50.8% | -4.0% | -1.1% | -25.9% | -93.1% |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 0.4% | — | 21.3% |
| Operating income | -2.0% | 3.7% | 27.7% |
| Net income | 31.1% | 22.3% | 40.2% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | -64.8% | -53.5% | -66.1% | -53.7% |
| Operating margin | -204.7% | -163.9% | -173.9% | -151.3% |
| Net margin | -279.1% | -198.8% | -206.1% | -179.2% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | -1.4 | -0.9 | -2.0 | -5.9 | -21.1 | -15.5 | -5.2 | -2.1 | -2.5 | -2.2 |
| Price to sales | 3.2 | 3.1 | 3.1 | 6.1 | 19.3 | -99.2 | 1.9 | 0.9 | 2.4 | 1.5 |
Market value over time
30 Nov 2016 to 23 Oct 2026, in USD
$246.2m$1.92bn
Share price return
Finished calendar years
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Return | 2% | -50% | -43% | -53% | -16% | 1001% | 191% | -58% | 81% | -37% |
Dividends and splits
Per share, in the currency the company pays
Paid for 0 years.
- 10-to-1 reverse split · 20 May 2011
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.