SNDX Stock Price Chart
Daily OHLCV with technical indicators — pan, zoom, and customize your view
04
range
bars
Bar granularity adapts to the selected period — hover the chart to see open/high/low/close for a bar.
10-Year Performance
Revenue, net income, margins and EPS trends
06
Revenue$172M2016-12-31 → 2025-12-31
EPS$-3.292019-12-31 → 2025-12-31
Free Cash Flow$-323M2016-12-31 → 2025-12-31
Net margin-87.6%2016-12-31 → 2025-12-31
Valuation & Ratios07–12
Valuation
P/E, P/S, P/B, EV/EBITDA ratios — is the stock expensive or cheap?
Metric
5Y trend
SNDX
5Y avg
Peer Median
Verdict
P/E (TTM)
-7.05Y avg ≈4.0
≈4.0
·
·
P/S (TTM)
6.25Y avg ≈22.4
≈22.4
62.1
Undervalued
P/B (MRQ)
103.95Y avg ≈8.5
≈8.5
5.7
Overvalued
EV / EBITDA
-5.5
·
·
·
Price / FCF
-4.85Y avg ≈2.9
≈2.9
·
·
Price / Cash Flow
-4.85Y avg ≈1.4
≈1.4
·
·
EV / Revenue (TTM)
5.4
·
·
·
EV / FCF
-4.6
·
·
·
Price / Tangible Book
23.85Y avg ≈8.5
≈8.5
·
·
Peer median is calculated on a standardized basis per metric and may not always match the TTM/MRQ basis shown for this stock.
Profitability
Gross, operating and net margins; ROE, ROA, ROIC
Metric
5Y trend
SNDX
5Y avg
Peer Median
Verdict
Operating Margin (TTM)
-77.1%5Y avg ≈-524.7%
≈-524.7%
-1024.8%
Top tier
EBITDA Margin
-158.4%5Y avg ≈-524.7%
≈-524.7%
-1024.8%
Top tier
Net Profit Margin (TTM)
-87.6%5Y avg ≈-498.0%
≈-498.0%
-1048.0%
Top tier
ROA (TTM)
-34.0%5Y avg ≈-31.2%
≈-31.2%
-40.6%
Weak
ROE (TTM)
-255.9%5Y avg ≈-85.8%
≈-85.8%
-44.0%
Weak
Financial Health
Debt, liquidity, solvency — balance sheet strength
Metric
5Y trend
SNDX
5Y avg
Peer Median
Verdict
Debt / Equity (MRQ)
23.2
·
0.1
High debt
Current Ratio (MRQ)
6.85Y avg ≈11.7
≈11.7
7.2
In line
Quick Ratio
3.65Y avg ≈11.3
≈11.3
5.1
In line
Growth
Revenue, EPS and net income growth: YoY, 3Y CAGR, 5Y CAGR
Metric
5Y trend
SNDX
5Y avg
Peer Median
Verdict
Revenue YoY
627.8%
·
·
·
Revenue CAGR 3Y
-44.7%
·
·
·
Revenue CAGR 5Y
157.7%
·
·
·
Per Share Metrics
EPS, book value per share, cash flow per share, dividend per share
Metric
5Y trend
SNDX
5Y avg
Peer Median
Verdict
EPS (Diluted)
$-3.295Y avg ≈$-2.40
≈$-2.40
·
·
Revenue / Share
$1.995Y avg ≈$1.22
≈$1.22
·
·
Cash Flow / Share
$-3.735Y avg ≈$-2.18
≈$-2.18
·
·
Cash / Share
$1.545Y avg ≈$2.39
≈$2.39
·
·
Capital Efficiency
Asset turnover, inventory turnover, receivables turnover
Metric
5Y trend
SNDX
5Y avg
Peer Median
Verdict
Asset Turnover
0.35Y avg ≈0.2
≈0.2
0.1
Top tier
Receivables Turnover
7.6
·
5.8
Top tier
Revenue / Employee
≈$578.4K
·
·
·
value · ≈ 5Y avg · industry median · verdict relative to median
Earnings History
EPS actual vs estimate, surprise %, beat rate, next earnings date
14
Avg Surprise3.0%
Next ReportNov 02, 2026
Period
Report
EPS Actual
EPS Est
Surprise
June 30, 2026
Aug 3, 2026
$-0.55
$-0.45
-21.9%
March 31, 2026
May 11, 2026
$-0.48
$-0.59
19.2%
Dec. 31, 2025
$-0.78
$-0.60
-30.9%
Sept. 30, 2025
$-0.70
$-0.73
4.2%
June 30, 2025
$-0.83
$-1.04
19.9%
March 31, 2025
$-0.98
$-1.36
27.8%
Full Fundamentals
All metrics by year — income statement, balance sheet, cash flow
15
Income Statement15
Metric
Trend
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016
2015
Revenue
$172M
$24M
$0
$0
$140M
$2M
$2M
$2M
$2M
$1M
$627.0K
R&D Expense
$259M
$242M
$163M
$118M
$88M
$50M
$43M
$60M
$48M
$32M
$10M
SG&A Expense
$180M
$121M
$67M
$33M
$25M
$23M
$16M
$17M
$16M
$13M
$12M
Operating Expenses
$445M
$363M
$230M
$152M
$113M
$73M
$59M
$77M
$64M
$45M
$21M
Operating Income
$-273M
$-340M
$-230M
$-152M
$26M
$-71M
$-58M
$-76M
$-62M
$-44M
$-21M
Interest Expense
·
·
$208.0K
$3M
$2M
$2M
·
·
·
·
·
Interest Income
$23M
$26M
$21M
$6M
$403.0K
$841.0K
$2M
$2M
·
·
·
Other Non-op
$-1M
$-247.0K
$-361.0K
$-316.0K
$202.0K
$-219.0K
$-79.0K
$-27.0K
$-269.0K
$41.0K
$-37.0K
Income Tax
$433.0K
·
·
·
$0
$0
$0
$0
$0
$0
$0
Net Income
$-285M
$-319M
$-209M
$-149M
$25M
$-73M
$-56M
$-74M
$-61M
$-44M
$-24M
EPS (Basic)
$-3.29
$-3.72
$-2.98
$-2.46
$0.48
$-1.87
$-1.84
·
·
·
·
EPS (Diluted)
$-3.29
$-3.72
$-2.98
$-2.46
$0.46
$-1.87
$-1.84
·
·
·
·
Shares (Basic)
86,625,610
85,622,065
70,370,519
60,760,906
52,064,809
41,308,242
30,490,783
·
·
·
·
Shares (Diluted)
86,625,610
85,622,065
70,370,519
60,760,906
53,622,904
41,308,242
30,490,783
·
·
·
·
EBITDA
$-273M
$-340M
$-230M
$-152M
$26M
·
$-58M
·
$-62M
$-44M
·
Balance Sheet24
Metric
Trend
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016
2015
Cash & Equivalents
$135M
$154M
$295M
$74M
$222M
$115M
$25M
$34M
$35M
$24M
$23M
Short-term Investments
$259M
$419M
$275M
$401M
$218M
$178M
$35M
$47M
$95M
$81M
$63M
Receivables
$38M
$8M
$0
·
·
·
·
·
·
·
·
Inventory
$33M
$366.0K
$0
·
·
·
·
·
·
·
·
Prepaid Expense
$13M
$9M
$3M
$2M
$1M
$6M
$3M
$2M
$3M
$3M
$1M
Other Current Assets
·
·
$0
·
·
·
·
·
·
·
·
Current Assets
$528M
$603M
$581M
$490M
$448M
$299M
$62M
$83M
$133M
$109M
$88M
PP&E (Net)
$181.0K
$0
$8.0K
$20.0K
$278.0K
$192.0K
$281.0K
$373.0K
$267.0K
$260.0K
$88.0K
PP&E (Gross)
$606.0K
$419.0K
$419.0K
$419.0K
$721.0K
$591.0K
$591.0K
$608.0K
$466.0K
$540.0K
$280.0K
Accum. Depreciation
$425.0K
$419.0K
$411.0K
$399.0K
$443.0K
$399.0K
$310.0K
$235.0K
$199.0K
$280.0K
$192.0K
Other Non-current Assets
·
$0
$463.0K
$807.0K
$0
$1M
$197.0K
$219.0K
$231.0K
$243.0K
$2M
Total Assets
$530M
$725M
$613M
$497M
$450M
$301M
$64M
$84M
$137M
$109M
$90M
Accounts Payable
$17M
$12M
$10M
$4M
$6M
$4M
$6M
$1M
$2M
$2M
$1M
Current Liabilities
$120M
$104M
$58M
$29M
$21M
$19M
$18M
$16M
$16M
$10M
$5M
Capital Leases
·
$2M
$578.0K
$709.0K
$711.0K
$101.0K
$419.0K
·
·
·
·
Other Non-current Liabilities
·
·
·
·
·
$1.0K
$5.0K
$136.0K
$310.0K
$288.0K
$70.0K
Total Liabilities
$465M
$437M
$59M
$30M
$41M
$48M
$32M
$31M
$33M
$25M
$23M
Total Debt
$350M
$338M
·
·
·
·
·
·
·
·
·
Common Stock
$9.0K
$9.0K
$8.0K
$7.0K
$6.0K
$5.0K
$3.0K
$2.0K
$2.0K
$2.0K
$1.0K
Paid-in Capital
·
·
·
·
·
·
·
·
$471M
·
·
Retained Earnings
$-1.51B
$-1.22B
$-902M
$-693M
$-544M
$-569M
$-495M
$-439M
$-366M
$-305M
$-260M
Stockholders' Equity
$65M
$288M
$554M
$467M
$408M
$252M
$32M
$53M
$104M
$84M
$-252M
Liabilities + Equity
$530M
$725M
$613M
$497M
$450M
$301M
$64M
$84M
$137M
$109M
$90M
Shares Outstanding
87,405,979
85,694,443
84,826,632
68,111,385
54,983,105
47,881,223
27,140,484
24,835,951
24,390,033
18,215,181
85,440
Cash Flow8
Metric
Trend
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016
2015
Stock-based Comp
$48M
$43M
$31M
$16M
$13M
$9M
$6M
$6M
$5M
$5M
$4M
Operating Cash Flow
$-323M
$-275M
$-161M
$-134M
$29M
$-71M
$-51M
$-69M
$-47M
$-35M
$-2M
CapEx
$187.0K
$0
$0
$0
$129.0K
$0
·
$187.0K
$84.0K
$261.0K
$49.0K
Investing Cash Flow
$290M
$-220M
$118M
$-186M
$-41M
$-143M
$13M
$51M
$-17M
$-18M
·
Financing Cash Flow
$14M
$353M
$264M
$172M
$118M
$304M
$29M
$16M
$76M
$54M
·
Net Change in Cash
$-19M
$-141M
$221M
$-148M
$107M
$91M
$-9M
$-1M
$11M
$762.0K
$13M
Taxes Paid
$150
·
·
·
·
·
·
·
·
·
·
Free Cash Flow
$-323M
·
$-161M
$-134M
$29M
·
·
·
$-47M
$-35M
·
Profitability5
Metric
Trend
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016
2015
Operating Margin
-158.4%
-1434.4%
·
·
18.8%
·
-3792.9%
·
-2939.0%
-3587.4%
·
Net Margin
-165.6%
-1346.1%
·
·
17.8%
·
-3694.6%
·
-2884.3%
-3645.2%
·
EBITDA Margin
-158.4%
-1434.4%
·
·
18.8%
·
-3792.9%
·
-2939.0%
-3587.4%
·
ROA
-45.5%
-47.7%
-37.7%
-31.5%
6.6%
·
-76.0%
·
-49.4%
-44.7%
·
ROE
-257.1%
-97.4%
-45.8%
-37.1%
8.2%
·
-148.2%
·
-64.5%
52.9%
·
Liquidity & Solvency4
Metric
Trend
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016
2015
Current Ratio
4.4
5.8
10.0
16.9
21.7
·
3.4
·
8.4
10.5
·
Quick Ratio
3.6
5.6
9.8
16.4
21.3
·
3.3
·
8.2
10.2
·
Debt / Equity
5.4
1.2
·
·
·
·
·
·
·
·
·
Interest Coverage
·
·
-1105.5
-48.4
13.8
·
·
·
·
·
·
Efficiency2
Metric
Trend
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016
2015
Asset Turnover
0.3
0.0
0.0
·
0.4
·
0.0
·
0.0
0.0
·
Receivables Turnover
7.6
6.2
·
·
·
·
·
·
·
·
·
Per Share5
Metric
Trend
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016
2015
Book Value / Share
$0.74
$3.36
$6.53
$6.86
$7.43
·
$1.16
·
$4.28
$4.62
·
Revenue / Share
$1.99
$0.28
$0.00
·
$2.61
·
·
·
·
·
·
Cash Flow / Share
$-3.73
$-3.21
$-2.28
$-2.20
$0.54
·
·
·
·
·
·
Cash / Share
$1.54
$1.80
$3.48
$1.09
$4.04
·
$0.91
·
$1.44
$1.31
·
EPS (TTM)
$-3.29
$-3.72
$-2.98
$-2.46
$0.46
$-1.87
$-1.84
·
·
·
·
Growth Rates3
Metric
Trend
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016
2015
Revenue YoY
627.8%
·
·
·
9109.6%
·
·
·
·
·
·
Revenue CAGR 3Y
·
-44.7%
·
·
·
·
·
·
·
·
·
Revenue CAGR 5Y
157.7%
·
·
·
·
·
·
·
·
·
·
Valuation (TTM)14
Metric
Trend
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016
2015
Revenue TTM
$172M
$24M
$0
$0
$140M
$2M
$2M
$2M
$2M
$1M
·
Net Income TTM
$-285M
$-319M
$-209M
$-149M
$25M
$-73M
$-56M
$-74M
$-61M
$-44M
·
Market Cap
$1.84B
$1.13B
$1.83B
$1.73B
$1.20B
·
$238M
·
$214M
$131M
·
Enterprise Value
$1.79B
$898M
·
·
·
·
·
·
·
·
·
P/E
-6.4
-3.6
-7.3
-10.3
47.6
-11.9
-4.8
·
·
·
·
P/S
10.7
47.8
·
·
8.6
·
157.1
·
101.4
107.1
·
P/B
28.4
3.9
3.3
3.7
2.9
·
7.5
·
2.0
1.6
·
P / Tangible Book
28.4
3.9
3.3
3.7
2.9
4.2
·
·
·
·
·
P / Cash Flow
-5.7
-4.1
-11.4
-13.0
41.3
·
-4.7
·
-4.5
-3.7
·
P / FCF
-5.7
·
-11.4
-13.0
41.5
·
·
·
-4.5
-3.7
·
EV / EBITDA
-6.6
-2.6
·
·
·
·
·
·
·
·
·
EV / FCF
-5.5
·
·
·
·
·
·
·
·
·
·
EV / Revenue
10.4
37.9
·
·
·
·
·
·
·
·
·
Earnings Yield
-15.7%
-28.1%
-13.8%
-9.7%
2.1%
-8.4%
-21.0%
·
·
·
·
Income Statement15
Metric
Trend
Q2 2026
Q1 2026
Q4 2025
Q3 2025
Q2 2025
Q1 2025
Q4 2024
Q3 2024
Q2 2024
Q1 2024
Q3 2023
Q2 2023
Q1 2023
Q3 2022
Q2 2022
Q1 2022
Revenue
$73M
$65M
$68M
$46M
$38M
$20M
$8M
$12M
$4M
$0
$0
$0
·
·
·
·
R&D Expense
$68M
$59M
$79M
$56M
$62M
$62M
$66M
$71M
$49M
$56M
$39M
$35M
$34M
$27M
$30M
$30M
SG&A Expense
$42M
$38M
$50M
$45M
$44M
$41M
$38M
$31M
$29M
$23M
$17M
$15M
$12M
$8M
$8M
$7M
Operating Expenses
$113M
$99M
$131M
$103M
$107M
$104M
$104M
$102M
$78M
$80M
$56M
$50M
$46M
$35M
$38M
$37M
Operating Income
$-40M
$-34M
$-63M
$-57M
$-69M
$-84M
$-96M
$-90M
$-74M
$-80M
$-56M
$-50M
$-46M
$-35M
$-38M
$-37M
Interest Expense
·
·
·
·
·
·
·
·
$45.0K
$55.0K
$70.0K
$35.0K
$40.0K
$2M
$695.0K
$651.0K
Interest Income
$4M
$4M
$4M
$5M
$6M
$7M
$7M
$5M
$6M
$7M
$5M
$5M
$5M
$2M
$878.0K
$224.0K
Other Non-op
$-438.0K
$-186.0K
$3M
$-275.0K
$-586.0K
$-221.0K
$-14M
$32.0K
$6M
$7M
$-66.0K
$-93.0K
$-147.0K
$-295.0K
$-31.0K
$116.0K
Income Tax
$0
$0
$433.0K
$0
$0
$0
·
$0
$0
$0
·
·
·
·
·
·
Net Income
$-49M
$-43M
$-68M
$-61M
$-72M
$-85M
$-94M
$-84M
$-68M
$-72M
$-51M
$-45M
$-41M
$-35M
$-38M
$-37M
EPS (Basic)
$-0.55
$-0.48
$-0.78
$-0.70
$-0.83
$-0.98
$-1.09
$-0.98
$-0.80
$-0.85
$-0.73
$-0.64
$-0.59
$-0.58
$-0.62
$-0.63
EPS (Diluted)
$-0.55
$-0.48
$-0.78
$-0.70
$-0.83
$-0.98
$-1.09
$-0.98
$-0.80
$-0.85
$-0.73
$-0.64
$-0.59
$-0.58
$-0.62
$-0.63
Shares (Basic)
88,991,317
88,255,636
·
86,620,992
86,337,237
86,171,889
·
85,433,569
85,274,829
85,213,200
69,855,766
69,638,427
69,438,890
60,670,294
60,156,653
58,978,615
Shares (Diluted)
88,991,317
88,255,636
·
86,620,992
86,337,237
86,171,889
·
85,433,569
85,274,829
85,213,200
69,855,766
69,638,427
69,438,890
60,670,294
60,156,653
58,978,615
EBITDA
$-40M
$-34M
·
$-57M
$-69M
$-84M
·
$-90M
$-74M
$-80M
$-56M
$-50M
$-46M
$-35M
$-38M
$-37M
Balance Sheet22
Metric
Trend
Q2 2026
Q1 2026
Q4 2025
Q3 2025
Q2 2025
Q1 2025
Q4 2024
Q3 2024
Q2 2024
Q1 2024
Q3 2023
Q2 2023
Q1 2023
Q3 2022
Q2 2022
Q1 2022
Cash & Equivalents
$336M
$131M
$135M
$117M
$109M
$154M
$154M
$133M
$105M
$115M
$95M
$97M
$58M
$71M
$120M
$189M
Short-term Investments
$211M
$221M
$259M
$319M
$347M
$358M
$419M
$257M
$320M
$320M
$269M
$302M
$375M
$266M
$247M
$209M
Receivables
·
·
$38M
·
·
·
$8M
·
·
·
·
·
·
·
·
·
Inventory
$33M
$35M
$33M
$25M
$18M
$5M
$366.0K
·
·
·
·
·
·
·
·
·
Prepaid Expense
$17M
$16M
$13M
$10M
$10M
$8M
$9M
$5M
$4M
$5M
$4M
$3M
$2M
$2M
$2M
$9M
Other Current Assets
·
·
·
·
·
·
·
$4M
$10M
$6M
·
·
·
·
·
·
Current Assets
$675M
$471M
$528M
$530M
$532M
$549M
$603M
$415M
$446M
$454M
$381M
$409M
$442M
$358M
$392M
$420M
PP&E (Net)
$212.0K
$177.0K
$181.0K
$128.0K
$0
$0
$0
$0
$2.0K
$5.0K
$10.0K
$13.0K
$17.0K
$23.0K
$256.0K
$266.0K
PP&E (Gross)
$646.0K
$606.0K
$606.0K
·
·
·
$419.0K
·
·
·
·
·
·
·
·
·
Accum. Depreciation
$434.0K
$429.0K
$425.0K
·
·
·
$419.0K
·
·
·
·
·
·
·
·
·
Other Non-current Assets
·
·
·
·
·
·
·
$0
$156.0K
$248.0K
$587.0K
$579.0K
$693.0K
$881.0K
$995.0K
$1M
Total Assets
$704M
$473M
$530M
$552M
$596M
$641M
$725M
$426M
$477M
$543M
$399M
$431M
$460M
$360M
$406M
$422M
Accounts Payable
$5M
$11M
$17M
$14M
$17M
$10M
$12M
$5M
$12M
$9M
$6M
$11M
$8M
$7M
$6M
$8M
Current Liabilities
$100M
$86M
$120M
$114M
$113M
$95M
$104M
$59M
$42M
$51M
$39M
$30M
$24M
$21M
$31M
$31M
Capital Leases
·
·
·
·
·
·
·
$0
$133.0K
$327.0K
$851.0K
$1M
$588.0K
$768.0K
$570.0K
$643.0K
Total Liabilities
$689M
$431M
$465M
$436M
$439M
$426M
$437M
$59M
$43M
$51M
$40M
$31M
$24M
$22M
$44M
$48M
Total Debt
$350M
$350M
·
$327M
$331M
$336M
·
·
·
·
·
·
·
·
·
·
Common Stock
$9.0K
$9.0K
$9.0K
$9.0K
$9.0K
$9.0K
$9.0K
$9.0K
$9.0K
$8.0K
$7.0K
$7.0K
$7.0K
$6.0K
$6.0K
$6.0K
Retained Earnings
$-1.60B
$-1.55B
$-1.51B
$-1.44B
$-1.38B
$-1.31B
$-1.22B
$-1.13B
$-1.04B
$-975M
$-830M
$-779M
$-734M
$-654M
$-618M
$-581M
Stockholders' Equity
$15M
$42M
$65M
$115M
$157M
$215M
$288M
$366M
$434M
$492M
$359M
$400M
$436M
$338M
$362M
$375M
Liabilities + Equity
$704M
$473M
$530M
$552M
$596M
$641M
$725M
$426M
$477M
$543M
$399M
$431M
$460M
$360M
$406M
$422M
Shares Outstanding
89,150,619
88,543,881
87,405,979
86,905,343
86,059,077
86,047,032
85,694,443
85,571,205
85,028,629
84,979,686
69,638,168
69,431,198
68,495,426
60,122,661
56,399,734
55,030,890
Cash Flow6
Metric
Trend
Q2 2026
Q1 2026
Q4 2025
Q3 2025
Q2 2025
Q1 2025
Q4 2024
Q3 2024
Q2 2024
Q1 2024
Q3 2023
Q2 2023
Q1 2023
Q3 2022
Q2 2022
Q1 2022
Stock-based Comp
$14M
$12M
$11M
$12M
$14M
$10M
$12M
$12M
$10M
$9M
$8M
$8M
$6M
$4M
$4M
$3M
Operating Cash Flow
$-30M
$-50M
$-69M
$-71M
$-88M
$-95M
$-57M
$-62M
$-72M
$-84M
$-45M
$-35M
$-39M
$-29M
$-40M
$-42M
Investing Cash Flow
$-17M
$38M
$82M
$72M
$42M
$94M
$-269M
$87M
$62M
$-99M
$40M
$74M
$20M
$-7M
$-50M
$8M
Stock Issued
·
·
·
·
·
·
·
·
·
·
$0
·
·
$0
·
·
Financing Cash Flow
$253M
$8M
$6M
$6M
$551.0K
$930.0K
$347M
$3M
$676.0K
$2M
$2M
$1M
$2M
$-14M
$22M
$557.0K
Net Change in Cash
$206M
$-4M
$18M
$8M
$-45M
$-90.0K
$21M
$28M
$-9M
$-181M
$-3M
$40M
$-17M
$-49M
$-69M
$-33M
Profitability5
Metric
Trend
Q2 2026
Q1 2026
Q4 2025
Q3 2025
Q2 2025
Q1 2025
Q4 2024
Q3 2024
Q2 2024
Q1 2024
Q3 2023
Q2 2023
Q1 2023
Q3 2022
Q2 2022
Q1 2022
Operating Margin
-54.9%
-52.7%
·
-125.2%
-182.7%
-417.9%
·
-716.6%
-2120.5%
·
·
·
·
·
·
·
Net Margin
-67.8%
-65.8%
·
-132.4%
-189.3%
-423.3%
·
-673.0%
-1944.7%
·
·
·
·
·
·
·
EBITDA Margin
-54.9%
-52.7%
·
-125.2%
-182.7%
-417.9%
·
-716.6%
-2120.5%
·
·
·
·
·
·
·
ROA
-7.6%
-7.7%
·
-12.4%
-13.4%
-14.3%
·
-20.4%
-15.0%
-14.4%
-13.5%
-10.7%
-9.3%
-11.8%
-11.2%
-10.6%
ROE
-57.2%
-33.2%
·
-25.2%
-24.3%
-24.0%
·
-23.2%
-16.3%
-15.6%
-14.7%
-11.7%
-10.2%
-13.2%
-13.0%
-12.3%
Liquidity & Solvency4
Metric
Trend
Q2 2026
Q1 2026
Q4 2025
Q3 2025
Q2 2025
Q1 2025
Q4 2024
Q3 2024
Q2 2024
Q1 2024
Q3 2023
Q2 2023
Q1 2023
Q3 2022
Q2 2022
Q1 2022
Current Ratio
6.8
5.5
·
4.6
4.7
5.8
·
7.0
10.5
8.9
9.7
13.6
18.6
17.2
12.7
13.7
Quick Ratio
5.5
4.1
·
3.8
4.0
5.4
·
6.6
10.0
8.6
9.3
13.2
18.2
16.2
11.9
13.0
Debt / Equity
23.2
8.4
·
2.8
2.1
1.6
·
·
·
·
·
·
·
·
·
·
Interest Coverage
·
·
·
·
·
·
·
·
-1649.2
-1445.7
-805.1
-1419.4
-1150.4
-20.1
-54.3
-56.6
Efficiency1
Metric
Trend
Q2 2026
Q1 2026
Q4 2025
Q3 2025
Q2 2025
Q1 2025
Q4 2024
Q3 2024
Q2 2024
Q1 2024
Q3 2023
Q2 2023
Q1 2023
Q3 2022
Q2 2022
Q1 2022
Asset Turnover
0.1
0.1
·
0.1
0.1
0.0
·
0.0
0.0
·
·
·
·
·
·
·
Per Share5
Metric
Trend
Q2 2026
Q1 2026
Q4 2025
Q3 2025
Q2 2025
Q1 2025
Q4 2024
Q3 2024
Q2 2024
Q1 2024
Q3 2023
Q2 2023
Q1 2023
Q3 2022
Q2 2022
Q1 2022
Book Value / Share
$0.17
$0.47
·
$1.33
$1.83
$2.50
·
$4.28
$5.11
$5.79
$5.16
$5.76
$6.36
$5.62
$6.42
$6.81
Revenue / Share
$0.82
$0.73
·
$0.53
$0.44
$0.23
·
$0.15
$0.04
·
·
·
·
·
·
·
Cash Flow / Share
·
$-0.57
·
·
·
$-1.10
·
·
·
$-0.98
·
·
$-0.56
·
·
·
Cash / Share
$3.77
$1.48
·
$1.34
$1.26
$1.79
·
$1.55
$1.24
$1.35
$1.36
$1.40
$0.84
$1.19
$2.13
$3.43
EPS (TTM)
$-2.51
$-2.79
·
$-3.60
$-3.88
$-3.85
·
$-3.65
$-3.40
$-3.24
$-2.59
$-2.44
$-2.42
$0.01
$0.19
$0.37
Valuation (TTM)11
Metric
Trend
Q2 2026
Q1 2026
Q4 2025
Q3 2025
Q2 2025
Q1 2025
Q4 2024
Q3 2024
Q2 2024
Q1 2024
Q3 2023
Q2 2023
Q1 2023
Q3 2022
Q2 2022
Q1 2022
Revenue TTM
$252M
$217M
·
$112M
$78M
$44M
·
$16M
$4M
$0
·
·
$140M
$140M
$140M
$140M
Net Income TTM
$-221M
$-243M
·
$-312M
$-335M
$-331M
·
$-297M
$-264M
$-241M
$-176M
$-160M
$-153M
$-14M
$818.0K
$15M
Market Cap
$1.95B
$2.07B
·
$1.34B
$806M
$1.06B
·
$1.65B
$1.75B
$2.02B
$1.01B
$1.45B
$1.45B
$1.44B
$1.09B
$956M
Enterprise Value
$1.75B
$2.07B
·
$1.23B
$681M
$881M
·
·
·
·
·
·
·
·
·
·
P/E
-8.7
-8.4
·
-4.3
-2.4
-3.2
·
-5.3
-6.0
-7.3
-5.6
-8.6
-8.7
2403.0
101.3
47.0
P/S
7.7
9.5
·
12.0
10.3
24.2
·
103.0
498.8
·
·
·
10.4
10.3
7.8
6.8
P/B
129.1
49.7
·
11.6
5.1
4.9
·
4.5
4.0
4.1
2.8
3.6
3.3
4.3
3.0
2.6
P / Tangible Book
129.1
49.7
·
11.6
5.1
4.9
·
4.5
4.0
4.1
2.8
3.6
3.3
4.3
3.0
2.6
P / Cash Flow
·
-41.1
·
·
·
-11.1
·
·
·
-24.2
·
·
-36.9
·
·
-22.8
EV / Revenue
6.9
9.5
·
11.0
8.7
20.1
·
·
·
·
·
·
·
·
·
·
Earnings Yield
-11.5%
-11.9%
·
-23.4%
-41.4%
-31.3%
·
-19.0%
-16.6%
-13.6%
-17.8%
-11.7%
-11.5%
0.04%
0.99%
2.1%
Most recent period on the left · null values shown as ·
Financial Statements
Income statement, balance sheet, cash flow — annual, last 5 years
16
Metric
2025-12-31
2024-12-31
2023-12-31
2022-12-31
2021-12-31
Revenue
$172M
$24M
$0
$0
$140M
Operating Margin %
-158.4%
-1434.4%
·
·
18.8%
Net Income
$-285M
$-319M
$-209M
$-149M
$25M
Diluted EPS
$-3.29
$-3.72
$-2.98
$-2.46
$0.46
Metric
2025-12-31
2024-12-31
2023-12-31
2022-12-31
2021-12-31
Debt / Equity
5.4
1.2
·
·
·
Current Ratio
4.4
5.8
10.0
16.9
21.7
Quick Ratio
3.6
5.6
9.8
16.4
21.3
Metric
2025-12-31
2024-12-31
2023-12-31
2022-12-31
2021-12-31
Free Cash Flow
$-323M
·
$-161M
$-134M
$29M
Institutional owners (13F)
262 filers
· $2.5B total
· As of Sept. 30, 2026
17
Institutions that report holding this stock in their quarterly SEC Form 13F. Long positions only; a single filer may appear twice for separate option legs. Large offsetting put/call legs typically reflect market-making or hedged inventory, not directional conviction.
Holders262
Value held$2.5B
New positions37
Exited positions36
Institutional activity — Q2 2026 vs prior quarter
New positions
Exited positions
Increased
Decreased
Net shares change
37 (-10 vs prior Q)
36 (+11 vs prior Q)
93 (-3 vs prior Q)
82 (+6 vs prior Q)
+8.7M
Compared to Q1 2026. SEC Form 13F filings are due within 45 days of quarter-end plus a short buffer for late filers — quarters still inside that window are skipped in favor of the most recent fully-reported pair.
Investors who filed SEC Schedule 13D — beneficial ownership above 5% with an intent to influence the issuer (activist stakes, board campaigns, M&A). Each row shows the most recent known state of that filer's position.
Filer
Filed
Stake
Status
Purpose
Filing
Access Industries Holdings LLC, AI Life Sciences Investments LLC, AI LSI-SPV LLC, Access Industries Holdings (BVI) L.P., Access Industries, LLC, Access Industries Management, LLC, Len Blavatnik
×2 filings
Purpose is an automated classification of the filer's own stated purpose (SEC Item 4) — not investment advice. "—" means no clear purpose was stated or the text could not be classified.
Company insiders
25 insiders
· 11 officers · 15 directors