T 
9.89
+2.70%
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
$1.21bn
FY2016FY2025
Net income
−$10.7m
FY2016FY2025
Free cash flow
−$82.8m
FY2016FY2025
Shareholders' equity
$622.3m
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.21bn | $560.7m | $359.8m | $160.1m | $7.6m | $5.2m | $3.5m | $195,142 | $31.8m | $29.4m |
| Research and development | $256.8m | $86.6m | $92.2m | $57.9m | $34.1m | $23.1m | $21.2m | $18.7m | $3.0m | $10,000 |
| Operating income | $26.6m | $58.8m | $11.6m | −$91.9m | −$75.2m | −$49.3m | −$36.0m | −$29.3m | −$6.5m | −$30,000 |
| Net income | −$10.7m | $35.7m | $3.7m | −$104.1m | −$80.5m | −$44.9m | −$27.9m | −$13.8m | −$6.4m | −$44,000 |
| Diluted earnings per share | -0.03 | 0.10 | 0.01 | -0.33 | -0.28 | -0.17 | -0.11 | -0.07 | -0.03 | -0.00 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | $1.77bn | $1.09bn | $285.1m | $182.8m | $78.6m | $113.0m | $102.6m | $76.7m | $51.1m | $18.6m |
| Cash and short-term investments | $212.5m | $508.5m | $88.2m | $83.3m | $15.8m | $55.8m | $44.6m | $25.8m | $48.8m | $840,886 |
| Total liabilities | $1.15bn | $678.8m | $178.5m | $125.5m | $76.0m | $56.4m | $32.5m | $23.8m | $1.8m | $20.4m |
| Debt | $419.9m | $410.4m | $7.0m | $3.3m | $452,423 | $617,071 | $490,000 | $1.1m | $345,433 | $4.1m |
| Shareholders' equity | $622.3m | $406.8m | $106.6m | $57.3m | $1.5m | $56.6m | $70.1m | $52.9m | $49.3m | −$1.8m |
| Shares outstanding | 339m | 345m | 324m | 316m | 283m | 260m | 243m | 207m | 254m | 128m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | −$25.9m | $30.8m | $17.1m | −$45.8m | −$42.5m | $1.4m | −$23.3m | −$20.7m | −$6.0m | −$1.1m |
| Capital spending | −$56.9m | −$10.3m | −$6.9m | −$5.0m | −$958,536 | −$177,533 | −$403,000 | −$198,730 | −$5,642 | −$2.8m |
| Free cash flow | −$82.8m | $20.6m | $10.2m | −$50.8m | −$43.4m | $1.2m | −$23.7m | −$20.9m | −$6.0m | −$3.9m |
| Dividends paid | — | — | — | — | — | — | — | — | −$54.8m | — |
Latest quarters
By quarter end
| Jun 2026 | Dec 2025 | Jun 2025 | Dec 2024 | Jun 2024 | Dec 2023 | Jun 2023 | Dec 2022 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $691.4m | $620.4m | $593.1m | $594.2m | $189.0m | $281.7m | $220.8m | $136.0m |
| Operating income | −$19.9m | $9.8m | $15.8m | $68.4m | $13.8m | −$15.6m | $31.4m | −$9.7m |
| Net income | $55.5m | −$7.3m | −$3.5m | $38.2m | $11.7m | $19.5m | −$14.3m | −$33.2m |
| Diluted earnings per share | 0.16 | -0.02 | -0.01 | 0.11 | 0.03 | 0.06 | -0.04 | -0.10 |
| Cash from operations | $33.0m | −$52.0m | $26.0m | $3.0m | $34.0m | $10.0m | $13.0m | −$3.0m |
| Capital spending | −$27.0m | −$40.0m | −$10.0m | −$9.0m | −$4.0m | −$6.0m | −$3.0m | −$4.0m |
| Free cash flow | $6.0m | −$92.0m | $16.0m | −$6.0m | $30.0m | $4.0m | $10.0m | −$7.0m |
| Total assets | $1.97bn | $1.77bn | $1.83bn | $1.09bn | $746.0m | $285.1m | $222.2m | $255.4m |
| Cash and short-term investments | $363.6m | $212.5m | $317.8m | $508.5m | $118.8m | $88.2m | $94.3m | $116.3m |
| Debt | $22.3m | $419.9m | $403.8m | $410.4m | $3.8m | $7.0m | $9.7m | $1.3m |
| Shareholders' equity | $704.0m | $622.3m | $647.4m | $406.8m | $404.0m | $106.6m | $54.4m | $80.0m |
Financial ratios
Data as of 22 Oct 2026
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|
| Operating margin | 3.9% | 11.8% | 3.2% | -61.3% | -990.6% | -847.7% |
| Net margin | -0.9% | 6.4% | 1.0% | -65.0% | -1059.9% | -861.1% |
| Return on equity | -1.7% | 8.8% | 3.5% | -130.1% | -3730.8% | -56.8% |
| Return on assets | -0.6% | 3.3% | 1.3% | -40.8% | -73.3% | -28.4% |
| Free cash flow yield | 0.9% | 1.7% | 1.0% | -1.8% | -2.0% | 0.1% |
| Revenue growth | 53.9% | 55.8% | 213.9% | 2007.6% | 45.7% | 49.6% |
| Earnings growth | -121.4% | 858.0% | -105.0% | 29.3% | 79.4% | 61.1% |
| Current ratio | 1.43x | 2.78x | 1.43x | 2.02x | 1.25x | 4.69x |
| Debt to equity | 0.67x | 1.01x | 0.07x | 0.06x | 0.29x | 0.01x |
| Equity ratio | 35.1% | 37.5% | 37.4% | 31.3% | 2.0% | 50.1% |
| Interest coverage | 0.86x | 4.31x | 1.81x | -241.91x | -384.54x | -37.61x |
| R&D as a share of sales | 21.3% | 15.5% | 25.6% | 36.1% | 449.4% | 442.8% |
| Buybacks as a share of market value | 1.9% | -6.6% | -2.3% | -11.8% | -8.9% | -6.8% |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 96.0% | 197.0% | 43.6% |
| Net income | -53.2% | -25.0% | 55.2% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Operating margin | 4.8% | 0.2% | -5.2% | -8.0% |
| Net margin | 1.4% | -3.3% | -8.7% | -10.4% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | |
|---|---|---|
| Price to earnings | -237.5 | 148.8 |
| Price to sales | 2.1 | 9.5 |
Market value over time
26 Feb 2010 to 21 Oct 2026, in USD
$31.2m$3.58bn
Share price return
Finished calendar years
| 2025 | 2024 | |
|---|---|---|
| Return | -51% | 6% |
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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