R 
12.98
+10.47%
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
$7.1m
FY2019FY2025
Net income
−$216.2m
FY2019FY2025
Free cash flow
−$77.2m
FY2019FY2025
Shareholders' equity
$546.2m
FY2019FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | |
|---|---|---|---|---|---|---|---|
| Revenue | $7.1m | $10.8m | $12.0m | $13.1m | $8.2m | $5.5m | $735,482 |
| Research and development | $61.3m | $49.8m | $52.8m | $60.0m | $26.9m | $24.1m | $29.4m |
| Operating income | −$84.7m | −$68.5m | −$74.4m | −$68.7m | −$34.1m | −$35.1m | −$53.1m |
| Net income | −$216.2m | −$201.0m | −$75.1m | −$71.5m | −$38.2m | −$17.2m | −$53.8m |
| Diluted earnings per share | -0.70 | -1.09 | -0.53 | -0.59 | -0.64 | -0.15 | -0.47 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | |
|---|---|---|---|---|---|---|---|
| Total assets | $666.6m | $284.8m | $159.9m | $203.4m | $46.4m | $49.7m | $27.5m |
| Cash and short-term investments | $443.5m | $192.1m | $99.9m | $142.8m | $11.7m | $22.2m | $308,707 |
| Total liabilities | $120.4m | $158.2m | $50.3m | $53.2m | $36.4m | $85.1m | $155.9m |
| Debt | $2.2m | — | $22.1m | $28.9m | $24.8m | — | $26.9m |
| Shareholders' equity | $546.2m | $126.6m | $109.6m | $150.2m | $10.0m | −$35.4m | −$128.4m |
| Shares outstanding | 310m | 185m | 141m | 122m | 60m | 114m | 114m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | |
|---|---|---|---|---|---|---|---|
| Cash from operations | −$58.5m | −$50.6m | −$50.6m | −$62.7m | −$29.3m | −$30.1m | −$36.9m |
| Capital spending | −$18.7m | −$11.1m | −$9.1m | −$22.7m | −$7.0m | −$4.4m | −$3.1m |
| Free cash flow | −$77.2m | −$61.7m | −$59.6m | −$85.4m | −$36.3m | −$34.5m | −$40.0m |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $5.1m | $4.4m | $1.9m | $1.9m | $1.8m | $1.5m | $2.3m | $2.4m |
| Operating income | −$28.1m | −$26.0m | −$22.6m | −$20.5m | −$19.9m | −$21.6m | −$18.5m | −$17.3m |
| Net income | −$52.6m | $33.1m | −$18.2m | −$201.0m | −$39.7m | $42.6m | −$153.0m | −$14.8m |
| Diluted earnings per share | -0.16 | 0.10 | -0.06 | -0.65 | -0.13 | 0.14 | -0.83 | -0.08 |
| Cash from operations | −$15.0m | −$16.0m | −$14.0m | −$13.0m | −$16.0m | −$13.0m | −$8.0m | −$15.0m |
| Capital spending | −$11.0m | −$4.0m | −$4.0m | −$5.0m | −$5.0m | −$2.0m | −$1.0m | −$2.0m |
| Free cash flow | −$26.0m | −$20.0m | −$18.0m | −$18.0m | −$21.0m | −$15.0m | −$9.0m | −$17.0m |
| Total assets | $648.2m | $650.7m | $666.6m | $630.3m | $636.7m | $269.1m | $284.8m | $157.3m |
| Cash and short-term investments | $393.7m | $418.2m | $443.5m | $447.0m | $425.7m | $209.1m | $192.1m | $92.6m |
| Debt | $2.7m | $2.3m | $2.2m | $2.2m | $2.2m | $2.2m | $4.3m | $15.4m |
| Shareholders' equity | $537.4m | $583.6m | $546.2m | $371.8m | $553.3m | $207.1m | $126.6m | $122.8m |
Financial ratios
Data as of 16 Oct 2026
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | |
|---|---|---|---|---|---|---|---|
| Operating margin | -3050.4% | -1832.6% | -577.3% | -505.5% | -436.5% | -633.1% | — |
| Net margin | -3050.4% | -1862.7% | -625.5% | -545.9% | -466.6% | -310.4% | — |
| Return on equity | -39.6% | -158.8% | -68.5% | -47.6% | -382.6% | 48.6% | — |
| Return on assets | -32.4% | -70.6% | -47.0% | -35.2% | -82.4% | -34.6% | — |
| Free cash flow yield | -1.0% | -1.7% | -2.3% | -2.6% | -2.9% | -1.8% | — |
| Revenue growth | -34.3% | -10.1% | -8.3% | 59.9% | 47.9% | 653.6% | — |
| Earnings growth | 7.6% | 167.6% | 5.0% | 87.0% | 122.3% | -68.0% | — |
| Current ratio | 37.42x | 17.42x | 3.71x | 7.10x | 1.93x | 7.40x | — |
| Debt to equity | 0.00x | 0.02x | 0.22x | 0.21x | 0.06x | — | -0.21x |
| Equity ratio | 81.9% | 44.5% | 68.5% | 73.8% | 21.5% | -71.3% | — |
| Interest coverage | — | -60.75x | -12.00x | -12.53x | -14.51x | — | — |
| R&D as a share of sales | 865.5% | 461.1% | 439.4% | 457.6% | 328.6% | 434.8% | — |
| Buybacks as a share of market value | -67.7% | -31.4% | -15.3% | -103.6% | 47.4% | — | — |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | -18.5% | 5.0% | — |
| Operating income | 7.2% | 19.3% | — |
| Net income | 44.6% | 65.9% | — |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Operating margin | -856.8% | -689.1% | -644.3% | — |
| Net margin | -2333.6% | -1311.6% | -1091.7% | — |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|
| Price to earnings | -31.7 | -7.7 | -1.0 | -0.7 | -5.5 |
| Price to sales | — | 142.6 | 6.3 | 3.7 | 25.8 |
Market value over time
30 Apr 2021 to 15 Oct 2026, in USD
$218.5m$4.21bn
Share price return
Finished calendar years
| 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|
| Return | 291% | 908% | 32% | -88% | 3% |
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.