V 
1.99
+6.42%
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
$40.4m
FY2016FY2025
Net income
−$119.7m
FY2016FY2025
Free cash flow
−$135.1m
FY2016FY2025
Shareholders' equity
$196.1m
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $40.4m | $80.0m | $250.0m | $40.9m | $37.4m | $171.1m | $104.4m | $7.6m | $10.1m | $14.2m |
| Research and development | $134.7m | $127.4m | $92.2m | $60.8m | $73.8m | $108.8m | $119.7m | $64.9m | $62.3m | $42.2m |
| Operating income | −$131.8m | −$83.3m | $122.0m | −$50.8m | −$73.6m | $27.4m | −$51.7m | −$91.1m | −$71.9m | −$41.3m |
| Net income | −$119.7m | −$65.0m | $132.3m | −$46.4m | −$66.0m | $36.7m | −$40.8m | −$88.3m | −$70.7m | −$40.2m |
| Diluted earnings per share | -2.04 | -1.12 | 2.94 | -1.20 | -1.75 | 0.98 | -1.11 | -2.73 | -2.41 | -1.57 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | $252.3m | $393.1m | $351.3m | $159.4m | $193.9m | $261.6m | $354.8m | $177.0m | $184.5m | $189.6m |
| Cash and short-term investments | $196.4m | $266.7m | $230.9m | $118.8m | $132.5m | $181.1m | $281.5m | $155.8m | $169.1m | $174.4m |
| Total liabilities | $56.2m | $93.3m | $115.0m | $100.3m | $98.8m | $107.3m | $255.2m | $130.6m | $50.4m | $53.6m |
| Shareholders' equity | $196.1m | $299.8m | $236.3m | $59.0m | $95.1m | $154.3m | $99.5m | $46.4m | $134.1m | $135.9m |
| Shares outstanding | 59m | 58m | 45m | 39m | 38m | 37m | 37m | 32m | 29m | 26m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | −$132.5m | −$15.3m | $77.9m | −$12.5m | −$53.5m | −$96.7m | $48.7m | −$15.9m | −$61.4m | −$42.5m |
| Capital spending | −$2.6m | −$3.5m | −$3.3m | −$2.5m | −$1.6m | −$12.1m | −$7.7m | −$4.3m | −$4.0m | −$5.0m |
| Free cash flow | −$135.1m | −$18.8m | $74.7m | −$15.0m | −$55.1m | −$108.8m | $40.9m | −$20.2m | −$65.3m | −$47.5m |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $3.2m | $2.6m | $15.3m | $13.4m | $5.2m | $6.5m | $6.3m | $24.6m |
| Operating income | −$26.4m | −$30.3m | −$29.9m | −$30.6m | −$36.6m | −$34.7m | −$38.3m | −$13.8m |
| Net income | −$24.5m | −$27.9m | −$27.4m | −$27.9m | −$33.4m | −$31.0m | −$34.5m | −$9.0m |
| Diluted earnings per share | -0.40 | -0.46 | -0.47 | -0.48 | -0.57 | -0.53 | -0.59 | -0.16 |
| Cash from operations | −$25.0m | −$33.0m | −$30.0m | −$31.0m | −$33.0m | −$37.0m | −$14.0m | −$27.0m |
| Capital spending | — | — | — | — | −$1.0m | — | — | — |
| Free cash flow | — | — | — | — | −$34.0m | — | — | — |
| Total assets | $197.8m | $219.3m | $252.3m | $288.3m | $322.1m | $353.2m | $393.1m | $426.0m |
| Cash and short-term investments | $116.3m | $141.5m | $196.4m | $208.9m | $215.6m | $236.0m | $266.7m | $345.4m |
| Debt | $6.9m | $7.4m | $7.8m | $7.8m | $7.6m | $7.4m | $7.2m | $7.0m |
| Shareholders' equity | $154.4m | $173.7m | $196.1m | $219.8m | $243.9m | $272.7m | $299.8m | $330.3m |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | -0.4% | -25.1% | 8.8% |
| Operating income | 37.4% | — | 20.6% |
| Net income | 37.1% | — | 15.0% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Operating margin | -178.7% | -35.0% | -30.7% | -60.3% |
| Net margin | -153.5% | -24.0% | -20.7% | -51.4% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | -1.9 | -5.1 | 2.9 | -5.1 | -1.6 | 7.3 | -12.6 | -3.4 | -6.9 | -8.1 |
| Price to sales | 5.7 | 4.1 | 1.5 | 5.8 | 2.7 | 1.6 | 4.9 | 39.9 | 48.0 | 22.9 |
Share price return
Finished calendar years
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Return | -29% | -30% | 42% | 99% | -69% | -34% | 49% | -40% | 18% | -37% |
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.