R 
22.26
+2.96%
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.
Net income
−$313.9m
FY2017FY2026
Free cash flow
−$284.6m
FY2017FY2026
Shareholders' equity
$166.2m
FY2017FY2026
Income statement
Fiscal years
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit | — | −$3.5m | −$2.7m | −$2.4m | −$4.6m | −$4.1m | −$1.8m | −$148,000 | −$109,000 | −$122,000 |
| Research and development | $221.2m | $189.4m | $175.0m | $126.5m | $80.6m | $57.5m | $38.8m | $22.2m | $13.5m | $6.9m |
| Operating income | −$319.9m | −$261.6m | −$234.8m | −$177.1m | −$121.5m | −$80.6m | −$56.2m | −$30.9m | −$19.2m | −$9.6m |
| Net income | −$313.9m | −$247.3m | −$215.8m | −$174.3m | −$118.0m | −$80.9m | −$52.6m | −$30.8m | −$19.7m | −$7.7m |
| Diluted earnings per share | -3.24 | -2.68 | -2.58 | -2.62 | -2.04 | -1.55 | -1.07 | -0.88 | -0.62 | -0.25 |
Balance sheet
At each fiscal year end
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | $332.4m | $551.3m | $487.7m | $646.6m | $461.2m | $543.1m | $234.1m | $154.3m | $65.2m | $22.8m |
| Cash and short-term investments | $268.9m | $483.8m | $420.7m | $583.4m | $395.7m | $476.3m | $168.6m | $134.8m | $61.6m | $20.6m |
| Total liabilities | $166.2m | $135.5m | $113.2m | $91.3m | $50.0m | $44.4m | $50.4m | $16.5m | $93.2m | $34.3m |
| Debt | $87.3m | $71.9m | $70.9m | $55.3m | $27.0m | $27.2m | $37.2m | $6.6m | — | — |
| Shareholders' equity | $166.2m | $415.8m | $374.5m | $555.3m | $411.2m | $498.7m | $183.7m | $137.9m | −$28.1m | −$11.5m |
| Shares outstanding | 97m | 92m | 83m | 67m | 58m | 52m | 49m | 35m | 32m | 31m |
Cash flow
Fiscal years
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | −$280.3m | −$192.3m | −$185.5m | −$128.1m | −$82.2m | −$61.4m | −$60.6m | −$25.4m | −$16.0m | −$7.1m |
| Capital spending | −$4.2m | −$6.7m | −$5.7m | −$2.3m | −$2.3m | −$2.4m | −$6.5m | −$2.6m | −$136,000 | −$238,000 |
| Free cash flow | −$284.6m | −$198.9m | −$191.1m | −$130.3m | −$84.5m | −$63.8m | −$67.1m | −$28.0m | −$16.1m | −$7.3m |
| Dividends paid | — | — | — | — | — | −$91.7m | −$28.1m | — | — | — |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | — | — | — | — | — | $1.5m | — | — |
| Gross profit | — | — | −$1.6m | −$1.6m | −$1.7m | −$848,000 | −$1.0m | −$900,000 |
| Operating income | −$68.2m | −$73.3m | −$71.9m | −$84.3m | −$90.4m | −$79.9m | −$66.0m | −$58.9m |
| Net income | −$69.8m | −$73.2m | −$70.9m | −$83.1m | −$86.7m | −$74.1m | −$66.3m | −$53.1m |
| Diluted earnings per share | -0.72 | -0.76 | -0.77 | -0.90 | -0.94 | -0.80 | -0.79 | -0.64 |
| Cash from operations | −$75.0m | −$56.0m | −$65.0m | −$81.0m | −$77.0m | −$53.0m | −$50.0m | −$38.0m |
| Capital spending | — | — | — | −$1.0m | −$2.0m | −$1.0m | −$1.0m | −$2.0m |
| Free cash flow | — | — | — | −$82.0m | −$79.0m | −$54.0m | −$51.0m | −$40.0m |
| Total assets | $252.4m | $332.4m | $333.6m | $389.4m | $469.5m | $551.3m | $603.6m | $498.2m |
| Cash and short-term investments | $195.3m | $268.9m | $269.1m | $323.6m | $403.3m | $483.8m | $536.5m | $432.1m |
| Debt | $4.0m | $87.3m | $51.7m | $51.3m | $50.8m | $50.4m | $49.9m | $49.5m |
| Shareholders' equity | $105.6m | $166.2m | $210.5m | $263.3m | $336.7m | $415.8m | $482.4m | $381.5m |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Operating income | 21.8% | 31.7% | — |
| Net income | 21.7% | 31.2% | — |
Valuation history
At each fiscal year end
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | |
|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | -6.4 | -1.3 | -0.2 | -0.2 | -0.4 | -0.5 | -1.0 | -0.4 | -0.4 |
Share price return
Finished calendar years
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|
| Return | 503% | 52% | -45% | -5% | -34% | 171% | 8% | -10% |
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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