S 
17.84
+9.25%
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
—
FY2015FY2024
Net income
−$221.3m
FY2015FY2024
Free cash flow
−$142.2m
FY2015FY2024
Shareholders' equity
$388.7m
FY2015FY2024
Income statement
Fiscal years
| FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | — | — | $710,000 | $1.8m | $860,000 | $740,000 | $57.1m | $16.1m | $2.3m | — |
| Gross profit | — | — | — | — | — | — | $43.0m | $12.3m | — | — |
| Research and development | $150.8m | $59.5m | $51.1m | $84.3m | $52.0m | $38.8m | $50.9m | $37.6m | $18.9m | $16.9m |
| Operating income | −$211.0m | −$88.7m | −$63.6m | −$86.2m | −$52.3m | −$27.5m | $11.3m | −$27.9m | −$24.3m | −$20.9m |
| Net income | −$221.3m | −$614.9m | −$78.8m | −$88.6m | −$52.7m | −$29.1m | $9.9m | −$26.4m | −$21.4m | −$20.1m |
| Diluted earnings per share | -0.31 | -0.99 | -0.41 | -0.96 | -0.76 | -0.89 | 0.57 | -2.01 | -0.35 | -0.34 |
Balance sheet
At each fiscal year end
| FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | $435.6m | $202.9m | $664.2m | $113.4m | $102.5m | $96.2m | $79.6m | $78.2m | $37.6m | $25.1m |
| Cash and short-term investments | $412.3m | $186.2m | $348.6m | $71.8m | $66.4m | $63.8m | $35.2m | $28.5m | $28.1m | $16.3m |
| Total liabilities | $46.8m | $125.3m | $537.5m | $30.1m | $23.0m | $17.4m | $23.8m | $82.7m | $41.1m | $9.0m |
| Debt | — | $100.0m | $514.3m | — | — | — | — | $4.4m | $5.9m | $5.0m |
| Shareholders' equity | $388.7m | $77.7m | $126.7m | $83.3m | $79.5m | $78.9m | $55.8m | −$4.5m | −$3.5m | $16.1m |
| Shares outstanding | 719m | 620m | 193m | 92m | 70m | 33m | 17m | 13m | 62m | 59m |
Cash flow
Fiscal years
| FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | −$142.1m | −$76.8m | −$41.6m | −$72.6m | −$48.1m | −$20.8m | −$35.1m | −$21.5m | $12.1m | −$17.2m |
| Capital spending | −$139,000 | −$128,000 | −$620,000 | −$310,000 | −$420,000 | −$340,000 | −$160,000 | −$820,000 | −$90,000 | −$70,000 |
| Free cash flow | −$142.2m | −$76.9m | −$42.2m | −$72.9m | −$48.5m | −$21.1m | −$35.3m | −$22.3m | $12.1m | −$17.3m |
Latest quarters
By quarter end
| Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | Jun 2024 | Dec 2023 | Sept 2023 | Jun 2023 | |
|---|---|---|---|---|---|---|---|---|
| Operating income | −$568.4m | −$66.9m | −$65.6m | −$58.4m | −$44.6m | −$36.2m | −$20.5m | −$15.8m |
| Net income | −$565.7m | −$62.9m | −$61.2m | −$56.3m | −$60.4m | −$36.6m | −$21.3m | −$14.7m |
| Diluted earnings per share | -0.76 | -0.09 | -0.08 | -0.08 | -0.09 | -0.05 | -0.03 | -0.02 |
| Cash from operations | −$66.0m | −$61.0m | −$48.0m | −$30.0m | −$33.0m | −$19.0m | −$14.0m | −$29.0m |
| Total assets | $324.0m | $383.8m | $435.6m | $502.9m | $341.9m | $202.9m | $218.5m | $237.4m |
| Cash and short-term investments | $297.9m | $361.3m | $412.3m | $486.9m | $325.5m | $186.2m | $198.9m | $215.0m |
| Debt | — | — | — | — | — | $100.0m | $100.0m | $100.0m |
| Shareholders' equity | $259.4m | $344.3m | $388.7m | $437.9m | $195.1m | $77.7m | $99.4m | $119.6m |
Financial ratios
Data as of 1 Oct 2026
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|
| Gross margin | — | — | — | 100.0% | 100.0% | 100.0% | 100.0% | 98.8% | 100.0% |
| Operating margin | — | — | — | -10420.1% | -4882.3% | -11392.7% | 35.2% | 9.4% | -182.3% |
| Net margin | — | — | — | -11174.8% | -4762.1% | -6127.6% | 11.6% | 19.0% | -142.3% |
| Return on equity | -220.8% | -56.9% | -784.6% | -63.1% | -139.5% | -66.0% | — | — | — |
| Return on assets | -193.6% | -50.8% | -300.3% | -12.0% | -102.5% | -51.2% | — | — | — |
| Free cash flow yield | -1.8% | -0.9% | -0.5% | -0.7% | -3.3% | -2.8% | — | — | — |
| Revenue growth | — | — | — | -67.8% | 187.7% | -98.5% | -24.7% | 302.9% | 496.3% |
| Earnings growth | 510.7% | -63.4% | 640.2% | -24.4% | 123.6% | -871.6% | — | — | — |
| Current ratio | 9.87x | 10.15x | 9.30x | 16.93x | 3.80x | 4.41x | — | — | — |
| Debt to equity | 0.01x | 0.01x | 1.66x | 4.96x | 0.01x | 0.00x | — | — | — |
| Equity ratio | 87.7% | 89.3% | 38.3% | 19.1% | 73.5% | 77.5% | — | — | — |
| Interest coverage | — | -20.78x | -28.94x | -13.81x | -314.31x | -280.96x | 363.01x | — | — |
| R&D as a share of sales | — | — | — | 7375.7% | 4718.2% | 6194.7% | 91.1% | 86.0% | 204.5% |
| Buybacks as a share of market value | -3.9% | -5.3% | -155.0% | -183.8% | -28.7% | -128.0% | — | — | — |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Operating income | 34.8% | 50.3% | 32.3% |
| Net income | 35.7% | 50.0% | 34.6% |
Valuation history
At each fiscal year end
| FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | -37.0 | -1.7 | -6.7 | -1.8 | -2.1 | -0.6 | 0.7 | -0.4 | -1.6 | -2.3 |
| Price to sales | — | — | — | 87.7 | 126.3 | 23.6 | 0.1 | 0.6 | 15.3 | — |
Market value over time
31 Oct 2016 to 30 Sept 2026, in USD
$724.7m$13.16bn
Share price return
Finished calendar years
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Return | 57% | 534% | -38% | 67% | -16% | 308% | 24% | -41% | 14% | -21% |
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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