R 
8.07
+5.91%
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
$170.4m
FY2016FY2025
Net income
−$193.9m
FY2016FY2025
Free cash flow
−$126.4m
FY2016FY2025
Shareholders' equity
$102.7m
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $170.4m | $83.3m | $90.2m | $112.7m | $470.3m | $154.6m | $35.2m | $218.5m | $10.4m | $4.6m |
| Gross profit | $150.1m | $49.8m | $53.0m | $58.2m | $418.5m | $118.9m | $27.0m | $208.9m | $8.7m | $3.6m |
| Research and development | $228.3m | $208.5m | $232.3m | $242.5m | $181.4m | $166.3m | $124.2m | $83.9m | $57.2m | $45.5m |
| Operating income | −$149.0m | −$233.3m | −$268.1m | −$257.5m | $160.0m | −$119.2m | −$149.0m | $88.1m | −$75.9m | −$65.3m |
| Net income | −$193.9m | −$227.1m | −$263.5m | −$280.3m | $127.8m | −$111.3m | −$94.7m | $99.9m | −$73.2m | −$63.0m |
| Diluted earnings per share | -3.75 | -4.46 | -5.99 | -6.47 | 2.90 | -2.97 | -2.57 | 2.57 | -2.35 | -2.38 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | $453.0m | $466.0m | $574.0m | $833.3m | $1.11bn | $708.2m | $497.9m | $543.8m | $198.7m | $172.7m |
| Cash and short-term investments | $230.1m | $234.7m | $275.3m | $364.6m | $457.4m | $475.7m | $296.2m | $319.8m | $160.8m | $89.6m |
| Total liabilities | $350.3m | $206.3m | $262.2m | $317.1m | $349.6m | $330.4m | $47.7m | $35.0m | $15.6m | $11.0m |
| Debt | $187.0m | $59.7m | $94.1m | — | — | — | — | $5.9m | — | — |
| Shareholders' equity | $102.7m | $259.7m | $311.7m | $516.2m | $764.3m | $377.8m | $450.2m | $508.8m | $183.0m | $161.7m |
| Shares outstanding | 52m | 51m | 44m | 43m | 44m | 37m | 37m | 39m | 31m | 26m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | −$124.0m | −$173.1m | −$218.4m | −$207.5m | $218.9m | −$54.1m | −$107.7m | $104.6m | −$58.0m | −$48.6m |
| Capital spending | −$2.4m | −$2.4m | −$10.0m | −$30.7m | −$84.2m | −$26.9m | −$11.7m | −$13.3m | −$7.2m | −$8.1m |
| Free cash flow | −$126.4m | −$175.6m | −$228.4m | −$238.2m | $134.7m | −$80.9m | −$119.4m | $91.4m | −$65.2m | −$56.7m |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $108.0m | $6.4m | $30.3m | $29.7m | $21.4m | $89.0m | $21.2m | $24.2m |
| Gross profit | $107.0m | −$4.7m | $24.4m | −$32.1m | $12.2m | $85.6m | $14.9m | $11.8m |
| Operating income | $29.3m | −$81.4m | −$54.9m | −$48.8m | −$59.9m | $14.7m | −$51.4m | −$62.1m |
| Net income | $22.7m | −$90.1m | −$67.1m | −$61.9m | −$70.9m | $6.1m | −$51.2m | −$59.6m |
| Diluted earnings per share | 0.43 | -1.70 | -1.30 | -1.20 | -1.37 | 0.12 | -1.01 | -1.17 |
| Cash from operations | −$62.0m | −$76.0m | −$52.0m | −$55.0m | −$49.0m | $33.0m | −$31.0m | −$40.0m |
| Capital spending | — | −$1.0m | — | — | — | −$1.0m | −$1.0m | — |
| Free cash flow | — | −$77.0m | — | — | — | $32.0m | −$32.0m | — |
| Total assets | $386.6m | $341.9m | $453.0m | $525.2m | $581.0m | $490.9m | $466.0m | $519.1m |
| Cash and short-term investments | $105.5m | $150.5m | $230.1m | $274.2m | $323.3m | $267.9m | $234.7m | $255.5m |
| Debt | $7.4m | $7.9m | $47.9m | $50.8m | $8.0m | $7.9m | $7.9m | $7.7m |
| Shareholders' equity | $71.8m | $21.1m | $102.7m | $161.5m | $213.7m | $274.2m | $259.7m | $301.4m |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 14.8% | 2.0% | 36.5% |
| Operating income | -16.7% | 4.6% | 20.5% |
| Net income | -11.6% | 11.7% | 23.9% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 78.8% | 68.1% | 78.4% | 81.2% |
| Operating margin | -150.6% | -198.8% | -80.2% | -80.4% |
| Net margin | -165.9% | -211.2% | -87.7% | -81.1% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | -2.4 | -1.1 | -1.9 | -2.2 | 7.0 | -9.5 | -9.9 | 10.2 | -8.8 | -4.8 |
| Price to sales | 2.7 | 2.9 | 5.4 | 5.4 | 1.9 | 6.8 | 26.7 | 4.7 | 62.0 | 66.6 |
Share price return
Finished calendar years
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Return | 74% | -60% | -11% | -33% | -29% | 13% | 1% | 28% | 54% | 21% |
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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