| (in millions $) | 30 Oct 2024 | 30 Jun 2024 | 31 Mar 2024 | 31 Dec 2023 | 
|---|---|---|---|---|
| Current assets | ||||
| Cash | $52.96 | $69.67 | $60.23 | |
| Short term investments | $403.58 | $428.12 | $470.87 | |
| Net receivables | $29.51 | $28.11 | $26.06 | $26.23 | 
| Inventory | ||||
| Total current assets | $468.99 | $493.18 | $540.23 | $566.94 | 
| Long term investments | $11.17 | $11.17 | $11.17 | |
| Property, plant & equipment | $18.32 | $19.37 | $62.95 | $65.05 | 
| Goodwill & intangible assets | $1.74 | $2.07 | $2.51 | |
| Total noncurrent assets | $48.89 | $92.86 | $87.62 | |
| Total investments | $414.75 | $439.29 | $482.04 | |
| Total assets | $517.66 | $542.07 | $633.08 | $654.56 | 
| Current liabilities | ||||
| Accounts payable | $0.24 | $2.8 | $2.12 | $1.9 | 
| Deferred revenue | ||||
| Short long term debt | $8.05 | $6.4 | $6.21 | |
| Total current liabilities | $26.76 | $32.72 | $32.7 | $35.41 | 
| Long term debt | $36.65 | $58.72 | $60.38 | |
| Total noncurrent liabilities | $37.04 | $58.94 | $60.6 | |
| Total debt | $44.7 | $65.11 | $66.59 | |
| Total liabilities | $61.62 | $69.75 | $91.64 | $96.01 | 
| Shareholders' equity | ||||
| Retained earnings | -$851.96 | -$837.06 | -$794.28 | -$766.02 | 
| Other shareholder equity | $2.26 | -$0.26 | $0.16 | $0.94 | 
| Total shareholder equity | $472.31 | $541.44 | $558.56 | |
| (in millions $) | 31 Dec 2023 | 31 Jan 2023 | 31 Jan 2022 | 31 Jan 2021 | 
|---|---|---|---|---|
| Current assets | ||||
| Cash | $60.23 | $55.24 | $521.81 | $84.74 | 
| Short term investments | $470.87 | $528.07 | $194 | $53.34 | 
| Net receivables | $26.23 | $29.77 | $29.67 | $21.82 | 
| Inventory | ||||
| Total current assets | $566.94 | $625.26 | $761.74 | $165.35 | 
| Long term investments | $11.17 | |||
| Property, plant & equipment | $65.05 | $64.37 | $71.97 | $43.49 | 
| Goodwill & intangible assets | $2.51 | $4.28 | $6.05 | $8.2 | 
| Total noncurrent assets | $87.62 | $74.3 | $78.34 | $52.39 | 
| Total investments | $482.04 | $528.07 | $194 | $53.34 | 
| Total assets | $654.56 | $699.56 | $840.09 | $217.75 | 
| Current liabilities | ||||
| Accounts payable | $1.9 | $4.54 | $6.16 | $3.35 | 
| Deferred revenue | ||||
| Short long term debt | $6.21 | $7.77 | $7.13 | $3.35 | 
| Total current liabilities | $35.41 | $34.66 | $33.5 | $32.18 | 
| Long term debt | $60.38 | $53.83 | $61.6 | $36.25 | 
| Total noncurrent liabilities | $60.6 | $53.83 | $61.6 | $36.25 | 
| Total debt | $66.59 | $61.6 | $68.73 | $39.6 | 
| Total liabilities | $96.01 | $88.49 | $95.1 | $68.44 | 
| Shareholders' equity | ||||
| Retained earnings | -$766.02 | -$618.25 | -$480.34 | -$385.01 | 
| Other shareholder equity | $0.94 | -$2.2 | -$0.53 | -$0.8 | 
| Total shareholder equity | $558.56 | $611.07 | $744.99 | -$297.86 | 
| (in millions $) | 30 Oct 2024 | 30 Jun 2024 | 31 Mar 2024 | 31 Dec 2023 | 
|---|---|---|---|---|
| Revenue | ||||
| Total revenue | $65.61 | $63.29 | $53.15 | $55.56 | 
| Cost of revenue | $10.28 | $9.98 | $10.54 | |
| Gross Profit | $54.48 | $53.01 | $43.17 | $45.02 | 
| Operating activities | ||||
| Research & development | $31.1 | $31.32 | $40.25 | |
| Selling, general & administrative | $70.93 | $46.6 | $52.42 | |
| Total operating expenses | $75.26 | $102.03 | $77.92 | $92.67 | 
| Operating income | -$49.02 | -$34.75 | -$47.65 | |
| Income from continuing operations | ||||
| EBIT | -$42.47 | -$28.06 | -$40.49 | |
| Income tax expense | $0.17 | $0.32 | $0.2 | $0.04 | 
| Interest expense | $5.8 | |||
| Net income | ||||
| Net income | -$14.9 | -$42.78 | -$28.26 | -$40.53 | 
| Income (for common shares) | -$42.78 | -$28.26 | -$40.53 | |
| (in millions $) | 31 Dec 2023 | 31 Dec 2022 | 31 Dec 2021 | 31 Dec 2020 | 
|---|---|---|---|---|
| Revenue | ||||
| Total revenue | $218.31 | $212.76 | $192.2 | $123.28 | 
| Cost of revenue | $41.61 | $38.98 | $28.81 | $21.59 | 
| Gross Profit | $176.7 | $173.78 | $163.38 | $101.7 | 
| Operating activities | ||||
| Research & development | $150 | $127.07 | $97.1 | $69.23 | 
| Selling, general & administrative | $198.98 | $190.91 | $161.09 | $109.12 | 
| Total operating expenses | $348.98 | $317.99 | $258.19 | $178.35 | 
| Operating income | -$172.28 | -$144.2 | -$94.81 | -$76.65 | 
| Income from continuing operations | ||||
| EBIT | -$147.01 | -$136.24 | -$95.17 | -$75.11 | 
| Income tax expense | $0.76 | $1.67 | $0.16 | $0.13 | 
| Interest expense | ||||
| Net income | ||||
| Net income | -$147.76 | -$137.92 | -$95.33 | -$75.23 | 
| Income (for common shares) | -$147.76 | -$137.92 | -$95.33 | -$75.23 | 
| (in millions $) | 30 Oct 2024 | 30 Jun 2024 | 31 Mar 2024 | 31 Dec 2023 | 
|---|---|---|---|---|
| Net income | -$42.78 | -$28.26 | -$40.53 | |
| Operating activities | ||||
| Depreciation | $1.14 | $1.39 | $1.41 | |
| Business acquisitions & disposals | -$7.5 | |||
| Stock-based compensation | $16.23 | $19.51 | $22.29 | |
| Total cash flows from operations | -$5.36 | -$13.63 | -$14.94 | |
| Investing activities | ||||
| Capital expenditures | -$0.1 | -$0.02 | $0 | |
| Investments | $25.61 | $43.41 | $26.3 | |
| Total cash flows from investing | $93.41 | $25.51 | $35.89 | $26.3 | 
| Financing activities | ||||
| Dividends paid | ||||
| Sale and purchase of stock | -$32.41 | -$11.63 | $0.5 | |
| Net borrowings | ||||
| Total cash flows from financing | -$72.07 | -$36.85 | -$12.89 | $0.46 | 
| Effect of exchange rate | $0.09 | -$0.01 | $0.07 | -$0.04 | 
| Change in cash and equivalents | -$10.53 | -$16.71 | $9.44 | $11.79 | 
| (in millions $) | 31 Dec 2023 | 31 Dec 2022 | 31 Dec 2021 | 31 Dec 2020 | 
|---|---|---|---|---|
| Net income | -$147.76 | -$137.92 | -$95.33 | -$75.23 | 
| Operating activities | ||||
| Depreciation | $5.77 | $5.66 | $4.17 | $3.06 | 
| Business acquisitions & disposals | -$2.5 | -$5 | ||
| Stock-based compensation | $83.03 | $64.42 | $47.51 | $22.61 | 
| Total cash flows from operations | -$59.27 | -$60.5 | -$51.27 | -$41.6 | 
| Investing activities | ||||
| Capital expenditures | -$0.27 | -$3.16 | -$8.85 | -$5.02 | 
| Investments | $69.26 | -$334.29 | -$140.68 | $41.81 | 
| Total cash flows from investing | $66.49 | -$342.45 | -$149.52 | $36.79 | 
| Financing activities | ||||
| Dividends paid | ||||
| Sale and purchase of stock | $9.19 | -$63.65 | $638.44 | $6.37 | 
| Net borrowings | ||||
| Total cash flows from financing | $8.92 | -$64.35 | $637.58 | $6.37 | 
| Effect of exchange rate | $0.04 | $0.72 | $0.28 | -$0.8 | 
| Change in cash and equivalents | $16.17 | -$466.58 | $437.07 | $0.76 | 
| Market cap | $871.08M | 
|---|---|
| Enterprise value | N/A | 
| Shares outstanding | 377.09M | 
| Revenue | $237.60M | 
|---|---|
| EBITDA | N/A | 
| EBIT | N/A | 
| Net Income | -$126.47M | 
| Revenue Q/Q | 16.97% | 
| Revenue Y/Y | 9.99% | 
| P/E ratio | -6.89 | 
|---|---|
| EV/Sales | N/A | 
| EV/EBITDA | N/A | 
| EV/EBIT | N/A | 
| P/S ratio | 3.67 | 
| P/B ratio | N/A | 
| Book/Share | N/A | 
| Cash/Share | N/A | 
| EPS | -$0.34 | 
|---|---|
| ROA | -21.55% | 
| ROE | N/A | 
| Debt/Equity | 0.17 | 
|---|---|
| Net debt/EBITDA | N/A | 
| Current ratio | 17.53 | 
| Quick ratio | N/A |