V
5.66
+2.72%
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
$204.0m
FY2016FY2025
Net income
−$134.6m
FY2016FY2025
Free cash flow
−$67.0m
FY2016FY2025
Shareholders' equity
$124.0m
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $204.0m | $198.1m | $179.6m | $422.1m | $406.6m | $128.9m | $147.4m | $132.0m | $123.0m | $109.9m |
| Research and development | $99.7m | $86.6m | $70.0m | $122.6m | $202.4m | $98.7m | $44.3m | $14.2m | $27.3m | $28.7m |
| Operating income | −$95.4m | $15.6m | −$95.1m | −$147.2m | −$62.2m | −$63.9m | $2.1m | $7.3m | −$4.6m | −$49.7m |
| Net income | −$134.6m | −$14.3m | −$118.5m | −$167.4m | −$85.8m | −$75.2m | −$2.0m | $3.8m | −$13.4m | −$57.5m |
| Diluted earnings per share | -1.55 | -0.20 | -1.71 | -2.42 | -1.70 | -1.64 | -0.04 | 0.08 | -0.29 | -1.25 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | $465.9m | $584.1m | $537.4m | $725.8m | $954.8m | $524.7m | $309.2m | $268.6m | $221.2m | $241.7m |
| Cash and short-term investments | $128.1m | $196.6m | $147.3m | $338.1m | $404.9m | $238.8m | $75.3m | $90.0m | $39.2m | $41.2m |
| Total liabilities | $341.9m | $372.4m | $387.6m | $469.1m | $755.6m | $434.3m | $151.4m | $101.3m | $112.9m | $124.8m |
| Debt | $212.5m | $221.8m | $210.0m | $145.1m | $71.2m | $65.5m | $33.4m | $37.1m | $52.4m | $24.5m |
| Shareholders' equity | $124.0m | $211.7m | $149.8m | $256.8m | $199.3m | $90.4m | $157.9m | $167.3m | $108.3m | $116.9m |
| Shares outstanding | 87m | 70m | 69m | 69m | 50m | 46m | 46m | 46m | 46m | 46m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | −$61.8m | −$78.5m | −$236.8m | −$286.6m | $89.8m | $160.9m | $6.5m | $19.0m | $15.0m | $7.6m |
| Capital spending | −$5.2m | −$19.2m | −$16.7m | −$34.3m | −$108.8m | −$22.7m | −$12.7m | −$3.7m | −$4.7m | −$4.3m |
| Free cash flow | −$67.0m | −$97.7m | −$253.6m | −$320.9m | −$19.0m | $138.2m | −$6.3m | $15.3m | $10.3m | $3.3m |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $41.5m | $36.1m | $55.7m | $34.4m | $56.5m | $57.5m | $61.8m | $53.5m |
| Operating income | −$32.3m | −$31.2m | −$31.8m | −$45.1m | −$12.7m | −$7.0m | −$31.7m | −$9.1m |
| Net income | −$37.1m | −$37.5m | −$58.4m | −$51.8m | −$13.5m | −$10.8m | −$43.2m | −$10.8m |
| Diluted earnings per share | -0.39 | -0.40 | -0.67 | -0.60 | -0.16 | -0.12 | -0.61 | -0.15 |
| Cash from operations | −$21.0m | — | −$54.0m | −$20.0m | −$3.0m | −$9.0m | $6.0m | −$12.0m |
| Capital spending | — | — | −$1.0m | — | −$1.0m | −$1.0m | −$4.0m | −$18.0m |
| Free cash flow | — | — | −$55.0m | — | −$4.0m | −$10.0m | $2.0m | −$30.0m |
| Total assets | $453.4m | $435.0m | $465.9m | $523.6m | $552.1m | $563.4m | $584.1m | $603.5m |
| Cash and short-term investments | $141.9m | $123.1m | $128.1m | $167.6m | $188.4m | $178.7m | $196.6m | $182.6m |
| Debt | $24.7m | $216.2m | $212.5m | $199.1m | $199.8m | $214.8m | $221.8m | $204.7m |
| Shareholders' equity | $94.7m | $89.7m | $124.0m | $175.8m | $217.8m | $204.7m | $211.7m | $254.0m |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | -21.5% | 9.6% | 8.3% |
| Operating income | -13.5% | 8.3% | 15.1% |
| Net income | -7.0% | 12.3% | 18.8% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Operating margin | -19.8% | -32.1% | -29.1% | -24.1% |
| Net margin | -37.0% | -43.3% | -38.7% | -32.1% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|
| Price to earnings | -3.6 | -13.5 | -3.8 | -3.3 | -20.5 |
| Price to sales | 2.4 | 1.0 | 2.5 | 1.3 | 4.3 |
Share price return
Finished calendar years
| 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|
| Return | 119% | -64% | -20% | -78% | 265% |
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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