T 
63.38
+5.93%
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
$616.3m
FY2016FY2025
Net income
$447.2m
FY2016FY2025
Free cash flow
−$25.0m
FY2016FY2025
Shareholders' equity
$648.0m
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $616.3m | $329.0m | $233.7m | $2.8m | $6.7m | $152,000 | $152,000 | $152,000 | $152,381 | $152,381 |
| Research and development | $160.2m | $94.3m | $76.2m | $125.4m | $222.6m | $165.9m | $154.2m | $153.8m | $96.9m | $66.5m |
| Operating income | $123.3m | $41.9m | $20.6m | −$213.6m | −$342.5m | −$273.1m | −$167.6m | −$174.4m | −$118.7m | −$79.0m |
| Net income | $447.2m | $23.4m | $12.7m | −$223.8m | −$348.1m | −$279.4m | −$172.9m | −$173.5m | −$118.5m | −$78.3m |
| Diluted earnings per share | 2.81 | 0.15 | 0.09 | -1.63 | -2.63 | -2.25 | -1.81 | -2.14 | -1.78 | -1.59 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | $1.06bn | $577.7m | $329.6m | $193.6m | $379.6m | $625.6m | $163.0m | $83.6m | $97.4m | $54.8m |
| Cash and short-term investments | $142.0m | $311.0m | $217.5m | $161.7m | $314.8m | $605.4m | $140.4m | $68.8m | $84.8m | $45.0m |
| Total liabilities | $415.2m | $355.3m | $169.1m | $135.0m | $142.5m | $106.3m | $124.4m | $59.6m | $97.4m | $54.8m |
| Debt | $246.7m | $244.4m | $100.1m | $71.1m | $67.8m | $30.8m | $29.2m | $67,000 | $128,000 | $69,000 |
| Shareholders' equity | $648.0m | $222.4m | $160.5m | $58.6m | $237.2m | $519.4m | $38.6m | $24.0m | $67.0m | $35.9m |
| Shares outstanding | 159m | 160m | 143m | 137m | 133m | 124m | 96m | 81m | 67m | 49m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | −$24.8m | −$40.5m | −$31.4m | −$176.2m | −$295.6m | −$214.5m | −$132.8m | −$128.9m | −$93.8m | −$61.6m |
| Capital spending | −$214,000 | −$45,000 | — | −$14,000 | −$401,000 | −$357,000 | −$131,000 | −$90,000 | −$2,227 | −$343,985 |
| Free cash flow | −$25.0m | −$40.6m | −$31.4m | −$176.2m | −$296.0m | −$214.9m | −$132.9m | −$129.0m | −$93.8m | −$61.9m |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $240.3m | $204.9m | $192.6m | $161.7m | $141.1m | $120.9m | $108.2m | $83.9m |
| Operating income | $21.7m | $34.8m | $50.5m | $29.4m | $34.8m | $8.6m | $29.9m | $15.1m |
| Net income | $7.8m | $19.8m | $23.0m | $390.9m | $28.2m | $5.1m | $23.3m | $3.9m |
| Diluted earnings per share | 0.05 | 0.13 | 0.14 | 2.45 | 0.18 | 0.03 | 0.15 | 0.02 |
| Cash from operations | $21.0m | −$17.0m | $19.0m | −$23.0m | $7.0m | −$28.0m | −$25.0m | −$12.0m |
| Total assets | $1.64bn | $1.53bn | $1.06bn | $1.03bn | $702.6m | $656.7m | $577.7m | $586.0m |
| Cash and short-term investments | $552.2m | $514.4m | $142.0m | $131.6m | $251.9m | $276.2m | $311.0m | $341.0m |
| Debt | $747.3m | $747.0m | $246.7m | $247.2m | $246.1m | $245.8m | $245.6m | $245.4m |
| Shareholders' equity | $604.1m | $583.1m | $648.0m | $607.2m | $276.4m | $237.3m | $222.4m | $192.2m |
Financial ratios
Data as of 18 Oct 2026
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | |
|---|---|---|---|---|---|---|---|
| Operating margin | 21.8% | 15.1% | 11.0% | -7670.4% | -5119.8% | -179639.5% | — |
| Net margin | 72.6% | 7.1% | 5.4% | -8036.3% | -5204.1% | -183803.3% | — |
| Return on equity | 69.0% | 10.5% | 7.9% | -382.0% | -146.8% | -53.8% | — |
| Return on assets | 42.1% | 4.0% | 3.8% | -115.6% | -91.7% | -44.7% | — |
| Free cash flow yield | -0.3% | -0.5% | — | -2.4% | -4.1% | -3.2% | -2.6% |
| Revenue growth | 87.3% | 40.8% | 8290.0% | -58.4% | 4300.7% | 0.0% | — |
| Earnings growth | 1812.4% | 84.5% | -105.7% | -35.7% | 24.6% | 61.6% | — |
| Current ratio | 4.10x | 6.25x | 5.92x | 3.16x | 5.06x | 6.99x | — |
| Debt to equity | 0.38x | 1.10x | 0.63x | 1.24x | 0.29x | 0.06x | — |
| Equity ratio | 60.9% | 38.5% | 48.7% | 30.3% | 62.5% | 83.0% | — |
| Interest coverage | 5.02x | 2.07x | 2.04x | -20.96x | -60.74x | -43.14x | — |
| R&D as a share of sales | 26.0% | 28.7% | 32.6% | 4501.0% | 3327.5% | 109142.1% | — |
| Buybacks as a share of market value | 0.5% | -12.0% | -4.4% | -3.4% | -6.8% | -29.7% | — |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 504.9% | 426.7% | 129.4% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Operating margin | 17.5% | -2.3% | -54.1% | -104.8% |
| Net margin | 49.8% | 22.0% | -31.0% | -81.9% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | 10.6 | 206.3 | 192.9 | -3.7 | -2.2 | -7.0 | -1.9 | -0.6 | -0.8 | -0.5 |
| Price to sales | 7.7 | 14.7 | 10.5 | 295.3 | 113.6 | — | — | — | — | 252.6 |
Market value over time
30 Nov 2016 to 14 Oct 2026, in USD
$281.8m$8.55bn
Share price return
Finished calendar years
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Return | -4% | 65% | 361% | -23% | -68% | 443% | 170% | -20% | 81% | -59% |
Dividends and splits
Per share, in the currency the company pays
Paid for 0 years.
- 56.25-to-1 reverse split · 30 Apr 2012
- 50-to-1 reverse split · 14 Jul 2011
- 5-to-1 reverse split · 25 Sept 2003
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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