Z 
2.35
+4.44%
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
$1.82bn
FY2016FY2025
Net income
−$280.9m
FY2016FY2025
Free cash flow
−$185.1m
FY2016FY2025
Shareholders' equity
$1.50bn
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.82bn | $1.33bn | $2.50bn | $4.22bn | $6.17bn | $6.08bn | $5.80bn | $3.79bn | $2.00bn | $1.63bn |
| Research and development | $317.7m | $337.1m | $364.5m | $526.2m | $508.4m | $508.6m | $429.7m | $273.5m | $150.0m | $138.4m |
| Operating income | −$259.0m | −$382.3m | −$211.4m | −$417.4m | $92.7m | $164.7m | $619.0m | $380.0m | $177.4m | $14.0m |
| Net income | −$280.9m | −$554.1m | −$220.5m | −$293.4m | $136.0m | $216.3m | $573.6m | $353.3m | $163.5m | $25.0m |
| Diluted earnings per share | -283.10 | -2.39 | -13.59 | -19.15 | 2.06 | 3.31 | 8.88 | 5.69 | 2.75 | 1.69 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | $3.95bn | $3.86bn | $4.50bn | $5.19bn | $6.08bn | $5.89bn | $5.12bn | $3.26bn | $1.48bn | $972.9m |
| Cash and short-term investments | $789.7m | $815.5m | $1.03bn | $993.2m | $1.53bn | $2.29bn | $1.80bn | $1.60bn | $389.7m | $164.7m |
| Total liabilities | $2.45bn | $2.01bn | $2.00bn | $2.55bn | $3.15bn | $3.17bn | $2.54bn | $1.45bn | $898.1m | $634.3m |
| Debt | $1.23bn | $840.8m | $1.37bn | $1.68bn | $1.28bn | $611.6m | $34.6m | $39.0m | $35.7m | $12.7m |
| Shareholders' equity | $1.50bn | $1.84bn | $2.49bn | $2.63bn | $2.92bn | $2.72bn | $2.47bn | $1.81bn | $582.1m | $338.5m |
| Shares outstanding | 1m | 232m | 16m | 15m | 66m | 65m | 65m | 62m | 59m | 15m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | −$179.7m | −$24.4m | $42.6m | −$787.6m | −$331.8m | $150.8m | $428.0m | $721.0m | $229.8m | $15.3m |
| Capital spending | −$5.5m | −$1.5m | −$1.7m | −$9.9m | −$45.5m | −$79.0m | −$46.1m | −$17.8m | −$20.9m | −$10.7m |
| Free cash flow | −$185.1m | −$25.9m | $40.9m | −$797.6m | −$377.2m | $71.8m | $381.9m | $703.2m | $208.9m | $4.5m |
| Dividends paid | — | — | — | −$40.0m | — | — | −$4.5m | −$209.8m | — | — |
Latest quarters
By quarter end
| Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | Jun 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $355.8m | $598.1m | $539.6m | $427.1m | $279.9m | $59.5m | $297.7m | $295.3m |
| Operating income | −$122.1m | −$27.2m | −$6.3m | −$53.0m | −$138.4m | −$8.9m | −$88.0m | −$16.9m |
| Net income | −$135.6m | −$77.1m | −$11.5m | −$55.6m | −$143.4m | −$36.9m | −$92.9m | −$78.7m |
| Diluted earnings per share | -136.70 | -77.65 | -11.59 | -56.08 | -144.49 | -0.16 | -0.40 | -0.34 |
| Cash from operations | −$25.0m | −$179.0m | — | — | — | — | — | — |
| Capital spending | — | −$5.0m | — | — | — | — | — | — |
| Free cash flow | — | −$184.0m | — | — | — | — | — | — |
| Total assets | $3.67bn | $3.95bn | $4.17bn | $3.93bn | $3.77bn | $528.6m | $4.13bn | $577.2m |
| Cash and short-term investments | $709.9m | $789.7m | $446.7m | $690.1m | $761.4m | — | $929.8m | $896.5m |
| Debt | $1.40bn | $1.23bn | $350.3m | $942.0m | $901.5m | $75.2m | $1.12bn | $993.8m |
| Shareholders' equity | $1.34bn | $1.50bn | $1.61bn | $1.61bn | $1.69bn | $251.6m | $2.20bn | $321.5m |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | -24.5% | -21.5% | 7.0% |
| Operating income | -14.7% | — | 20.1% |
| Net income | -1.4% | — | 21.8% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Operating margin | -20.4% | -12.9% | -4.6% | 0.4% |
| Net margin | -26.5% | -13.7% | -4.5% | 0.2% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | |
|---|---|---|---|---|---|---|---|---|
| Price to earnings | -0.1 | -1.1 | -0.4 | -0.3 | 9.8 | 14.3 | 5.4 | 6.9 |
| Price to sales | 0.0 | 0.5 | 0.0 | 0.0 | 0.2 | 0.5 | 0.5 | 0.6 |
Share price return
Finished calendar years
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|
| Return | 904% | -50% | -13% | -65% | -62% | -2% | 26% | -12% |
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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