Alector Inc
ALECHealthcare·Biotechnology·USA·Small·NASD·Nov 13 • 6:28 AM ET
Price
ALEC against its 20, 50 and 200-day averages10.6% under the 52-week high of 2.84 on 11 Nov 2026. 52-week low 1.09 on 3 Dec 2025. Last 15 sessions, 58.7% high to low
Volume 0.03× normal · the line is the 50-bar volume average
Setup. RS line 14
CANSLIM 5 of 6 — fails: 52-Week High/Low: 0-10% below High
VCP 4 of 6 — fails: 52-Week High/Low: 0-10% below High; RSI (14): Not Overbought (<60)
Minervini 3 of 4 — fails: 52-Week High/Low: 0-10% below High
Zanger 3 of 5 — fails: 20-Day High/Low: 0-5% below High; Relative Volume: Over 1.5
Leaders 4 of 5 — fails: 52-Week High/Low: 0-10% below High
Breakout 2 of 4 — fails: 52-Week High/Low: New High; Relative Volume: Over 2
Growth 3 of 4 — fails: EPS Growth Next Year: High (>25%)
Quality 4 of 5 — fails: Debt/Equity: Low (<0.1)
Value 2 of 4 — fails: P/B: Under 2; Debt/Equity: Low (<0.1)
Income 1 of 4 — fails: Dividend Growth: Growing 2+ Years — not on the tape: Dividend Yield: Over 2%; Payout Ratio: Low (<20%)
Small Cap 3 of 4 — fails: Float: Under 100M
Accumulation 3 of 4 — fails: Institutional Transactions: Over +10%
Relative Strength 3 of 3
Profile
ALECAlector, Inc. operates as a clinical-stage biopharmaceutical company, which engages in pioneering of immuno-neurology. It develops portfolio of innate immune system programs, designed to functionally repair genetic mutations and enable the rejuvenated immune cells to counteract emerging brain pathologies. Its treatment targets immune dysfunction as a root cause of multiple pathologies that are drivers of degenerative brain disorders. The company was founded by Asa Abeliovich, Errik B. Anderson, Tillman U. Gerngross, and Arnon Rosenthal in May 2013 and is headquartered in South San Francisco, CA.
| Index | RUT |
|---|---|
| Employees | 103 |
| IPO | Feb 07, 2019 |
| Beta | 0.60 |
| ATR, 14d | 0.21 |
| Rel volume | 0.03 |
| Short float | 7.67% |
| Insider own | 26.53% |
| Inst own | 70.16% |
Snapshot
6 groupsValuation
| Index | RUT |
|---|---|
| Market Cap | $378.07M |
| Enterprise Value | 260.37M |
| Income | 41.41M |
| Sales | 173.47M |
| Book / share | 1.04 |
| Cash / share | 0.93 |
| Dividend Est. | - |
| Dividend TTM | - |
| Dividend Ex-Date | - |
| Dividend Gr. 3/5Y | - - |
| Payout | - |
| Employees | 103 |
| IPO | Feb 07, 2019 |
Ratios
| Price / earnings | 7.06 |
|---|---|
| Forward price / earnings | - |
| Price / earnings / growth | - |
| Price / sales | 2.18 |
| Price / book | 2.45 |
| Price / cash | 2.73 |
| Price / free cash flow | - |
| Value / cash profit | 5.09 |
| Value / sales | 1.50 |
| Quick Ratio | 4.10 |
| Current Ratio | 4.10 |
| Debt / equity | 0.18 |
| Long-term debt / equity | 0.10 |
| Options and short | Yes / Yes |
Earnings
| Earnings / share | 0.36 |
|---|---|
| Earnings next year | -0.78 |
| Earnings next quarter | 0.20 |
| Earnings this year | 141.29% |
| Earnings next year | -235.88% |
| Earnings growth, 5 years | 21.83% |
| Past earnings growth | 4.96% 10.72% |
| Past sales growth | -46.00% -0.05% |
| Earnings vs last year | 133.60% |
| Sales vs last year | 151.23% |
| Earnings vs last quarter | 429.65% |
| Sales vs last quarter | 4895.89% |
| Earnings | Nov 05 AMC |
| Surprise | 591.37% 6743.11% |
Ownership
| Insiders own | 26.53% |
|---|---|
| Insider trades | -0.57% |
| Institutions own | 70.16% |
| Institution trades | 2.03% |
| Return on assets | 16.53% |
| Return on equity | 47.52% |
| Return on capital | 32.28% |
| Gross Margin | 95.17% |
| Operating margin | 24.65% |
| Profit Margin | 23.87% |
| 20-day average | 16.63% |
| 50-day average | 22.68% |
| 200-day average | 23.66% |
Technical
| Shares out | 112.27M |
|---|---|
| Shares floating | 109.39M |
| Short / float | 7.67% |
| Short ratio | 2.54 |
| Short interest | 8.39M |
| 52-week high | 2.84 -10.6% |
| 52-week low | 1.09 +132.9% |
| Volatility | 11.33% 10.24% |
| Average range | 0.21 |
| Strength index | 62.00 |
| Market sensitivity | 0.60 |
| Relative volume | 0.03 |
| Avg Volume | 3.31M |
| Volume | 4,953 |
Performance
| Perf Week | 10.90% |
|---|---|
| Perf Month | 32.96% |
| Perf Quarter | 23.88% |
| Perf Half Y | 17.57% |
| Perf YTD | 62.79% |
| Perf Year | 111.62% |
| Perf 3Y | -32.64% |
| Perf 5Y | -89.04% |
| Perf 10Y | - |
| Recommendation | 2.57 |
| Target Price | 3.90 |
| Prev Close | 2.45 |
| Price | 2.54 |
| Change % | 3.65% |
Analyst ratings
latest 10 of 20| Date | Action | Analyst | Rating change | Target | Implied |
|---|---|---|---|---|---|
| Today | Initiated | Wells Fargo | Overweight | $7 | +175.6% |
| Apr 15, 2026 | Upgrade | Cantor Fitzgerald | Neutral → Overweight | ||
| Mar 10, 2026 | Upgrade | BTIG Research | Neutral → Buy | $6 | +136.3% |
| Oct 22, 2025 | Downgrade | William Blair | Outperform → Mkt Perform | ||
| Oct 22, 2025 | Downgrade | TD Cowen | Buy → Hold | ||
| Oct 22, 2025 | Downgrade | Mizuho | Outperform → Neutral | $1.50 | -40.9% |
| Oct 22, 2025 | Downgrade | Cantor Fitzgerald | Overweight → Neutral | ||
| Oct 22, 2025 | Downgrade | BTIG Research | Buy → Neutral | ||
| Jul 28, 2025 | Upgrade | Mizuho | Neutral → Outperform | $3.50 | +37.8% |
| Dec 17, 2024 | Downgrade | Mizuho | Outperform → Neutral | $9 → $2.50 | -1.6% |
Peers
Mkt capInsider trading
latest 14 of 42| Insider | Relationship | Date | Transaction | Cost | Shares | Value | Total held | Form |
|---|---|---|---|---|---|---|---|---|
| Wong-Sarad Grace | Principal Accounting Officer | Sep 03 '26 | Sale | 2.67 | 5,165 | 13,767 | 109,640 | Sep 04 05:45 PM |
| Wong-Sarad Grace | Principal Accounting Officer | Sep 04 '26 | Sale | 2.51 | 3,625 | 9,094 | 106,015 | Sep 04 05:45 PM |
| Wong-Sarad Grace | Principal Accounting Officer | Sep 02 '26 | Sale | 2.75 | 656 | 1,804 | 114,805 | Sep 04 05:45 PM |
| Berkley Neil Lindsay | CFO & Chief Business Officer | Sep 03 '26 | Sale | 2.66 | 29,251 | 77,948 | 350,649 | Sep 04 05:45 PM |
| Rosenthal Arnon | Chief Executive Officer | Sep 03 '26 | Sale | 2.66 | 72,606 | 193,473 | 2,294,600 | Sep 04 05:45 PM |
| GRACE WONG-SARAD | Officer | Sep 04 '26 | Proposed Sale | 2.51 | 3,625 | 9,094 | Sep 04 04:05 PM | |
| GRACE WONG-SARAD | Officer | Sep 02 '26 | Proposed Sale | 2.75 | 656 | 1,804 | Sep 02 05:09 PM | |
| Arnon Rosenthal | Officer | Sep 02 '26 | Proposed Sale | 2.40 | 79,702 | 191,285 | Sep 01 08:00 PM | |
| Neil L. Berkley | Officer | Sep 02 '26 | Proposed Sale | 2.40 | 32,103 | 77,047 | Sep 01 08:00 PM | |
| Grace Wong-Sarad | Officer | Sep 02 '26 | Proposed Sale | 2.40 | 5,662 | 13,589 | Sep 01 08:00 PM | |
| Rosenthal Arnon | Chief Executive Officer | Jun 02 '26 | Sale | 1.97 | 87,216 | 172,191 | 2,367,206 | Jun 03 05:30 PM |
| Wong-Sarad Grace | Principal Accounting Officer | Jun 02 '26 | Sale | 1.97 | 5,709 | 11,271 | 98,936 | Jun 03 05:30 PM |
| Wong-Sarad Grace | Principal Accounting Officer | Jun 03 '26 | Sale | 1.88 | 3,475 | 6,543 | 95,461 | Jun 03 05:30 PM |
| Berkley Neil Lindsay | CFO & Chief Business Officer | Jun 02 '26 | Sale | 1.97 | 19,360 | 38,221 | 379,900 | Jun 03 05:30 PM |
Held by
AUM| Ticker | Company | AUM |
|---|---|---|
| IWM | iShares Russell 2000 Index Fund | AUM: 77.86B |
| VTI | Vanguard Morningstar Total Stock Market ETF | AUM: 696.31B |
| IWO | iShares Russell 2000 Growth ETF | AUM: 14.25B |
| VXF | Vanguard Extended Market Index ETF | AUM: 30.79B |
| SCHA | Schwab U.S. Small-Cap ETF | AUM: 22.44B |
| VTWO | Vanguard Russell 2000 Index ETF | AUM: 16.90B |
| IWC | iShares Micro-Cap ETF | AUM: 1.23B |
| VHT | Vanguard Health Care ETF | AUM: 21.54B |
| PRFZ | Invesco RAFI US 1500 Small-Mid ETF | AUM: 2.68B |
| BUSM | EA Bridgeway Ultra-Small Company Market ETF | AUM: 112.81M |
News
latest 14 of 200- Alector: Q3 Earnings Snapshot (Associated Press) -8.33% +9.57%
- Alector Reports Third Quarter 2026 Financial Results and Provides Business Update (GlobeNewswire)
- Alector stock surges 13% on premium-priced equity offering (Investing.com)
- Alector Announces Pricing of Underwritten Offering (GlobeNewswire)
- Stocktwits Biotech Dealmaker Viatris And GE Healthcare Buy What They Can Sell; Biohaven And Alector Sell Rights (Stocktwits)
- Alector to Host Virtual Research and Development Event Highlighting Wholly Owned Alector Brain Carrier (ABC)- Enabled Pipeline (GlobeNewswire) +6.08% +5.21%
- Alector shares up after sealing $1.27bn Roche Parkinsons disease license deal (Pharmaceutical Technology) -9.05%
- Alector Signs $1.27 Billion Genentech License Agreement for Parkinsons Disease Program (InvestorsHub) +9.94%
- Optogenetics researchers win a Nobel Prize; Roche bets on Alector brain drug (BioPharma Dive)
- Alector Enters Global License Agreement with Genentech for Brain Penetrant GCase Enzyme Replacement Therapy for Parkinson's Disease and Other Neurodegenerative Diseases (GlobeNewswire)
- Alector to Participate in Upcoming Healthcare Conferences (GlobeNewswire) -7.72%
- Alector: Q2 Earnings Snapshot (Associated Press) +22.82%
- Alector Reports Second Quarter 2026 Financial Results and Provides Business Update (GlobeNewswire)
- GSK ends brain drug alliance with Alector (BioPharma Dive) -10.66%
Quarterly earnings
2026Q3 EPS 1.110 beat -0.226, from -0.340 a year earlier. Sales 162.87 beat 2.38, from 3.26 a year earlier
The outline behind the bar is the estimate. The filled bar is the print. Green beat it, red missed it.
| Period | Reported | EPS adjusted | EPS est | EPS reported | Sales act, USD m | Sales est, USD m | Surprise | Year-ago quarter | Analysts | Next session |
|---|---|---|---|---|---|---|---|---|---|---|
| 2026Q3ended 2026-09-30 | 2026-11-05 16:30 | 1.110 | -0.226 | 1.110 | 162.87 | 2.38 | EPS -591.4% · sales +6743.1% | vs 2025Q3, year-ago quarter · EPS -426.5% · sales +4895.9% | 6 | Open +4.31% vs SPY +0.25%. Close +9.57% vs SPY +0.31% |
| 2026Q2ended 2026-06-30 | 2026-08-06 16:30 | -0.210 | -0.229 | -0.207 | 3.32 | 1.71 | EPS -8.1% · sales +93.8% | vs 2025Q2, year-ago quarter · EPS -30.0% · sales -57.8% | 7 EPS · 5 sales | Open +0.55% vs SPY +0.32%. Close -2.73% vs SPY +0.61% |
| 2026Q1ended 2026-03-31 | 2026-05-07 16:30 | -0.210 | -0.288 | -0.207 | 1.05 | 9.67 | EPS -27.0% · sales -89.2% | vs 2025Q1, year-ago quarter · EPS -48.8% · sales -71.7% | 8 EPS · 7 sales | Open -13.11% vs SPY +0.46%. Close -13.93% vs SPY +0.83% |
| 2025Q4ended 2025-12-31 | 2026-02-25 16:30 | -0.340 | -0.374 | -0.340 | 6.24 | 1.96 | EPS -9.1% · sales +218.6% | vs 2024Q4, year-ago quarter · EPS +1600.0% · sales -88.5% | 8 EPS · 7 sales | Open -11.30% vs SPY +0.02%. Close +7.11% vs SPY -0.56% |
| 2025Q3ended 2025-09-30 | 2025-11-06 16:30 | -0.340 | -0.408 | -0.338 | 3.26 | 3.49 | EPS -16.6% · sales -6.5% | vs 2024Q3, year-ago quarter · EPS -20.9% · sales -78.8% | 8 EPS · 6 sales | Open -2.31% vs SPY -0.36%. Close -1.54% vs SPY +0.10% |
| 2025Q2ended 2025-06-30 | 2025-08-07 16:30 | -0.300 | -0.461 | -0.304 | 7.87 | 2.80 | EPS -35.0% · sales +180.7% | vs 2024Q2, year-ago quarter · EPS -25.0% · sales -47.8% | 7 EPS · 5 sales | Open +11.64% vs SPY +0.29%. Close +47.26% vs SPY +0.78% |
| 2025Q1ended 2025-03-31 | 2025-05-08 16:30 | -0.410 | -0.484 | -0.407 | 3.70 | 4.38 | EPS -15.3% · sales -15.5% | vs 2024Q1, year-ago quarter · EPS +7.9% · sales -76.7% | 6 EPS · 4 sales | Open 0.00% vs SPY +0.25%. Close +12.50% vs SPY -0.13% |
| 2024Q4ended 2024-12-31 | 2025-02-26 16:30 | -0.020 | -0.623 | -0.021 | 54.24 | 19.78 | EPS -96.8% · sales +174.2% | vs 2023Q4, year-ago quarter · EPS -95.9% · sales +257.1% | 9 EPS · 8 sales | Open +9.30% vs SPY +0.39%. Close -3.49% vs SPY -1.60% |
| 2024Q3ended 2024-09-30 | 2024-11-06 16:30 | -0.430 | -0.534 | -0.433 | 15.34 | 15.70 | EPS -19.5% · sales -2.3% | vs 2023Q3, year-ago quarter · EPS -18.9% · sales +68.6% | 11 EPS · 8 sales | Open +0.38% vs SPY +0.35%. Close +7.63% vs SPY +0.77% |
| 2024Q2ended 2024-06-30 | 2024-08-07 16:30 | -0.400 | -0.501 | -0.400 | 15.08 | 14.36 | EPS -20.2% · sales +5.0% | vs 2023Q2, year-ago quarter · EPS -2100.0% · sales -73.2% | 10 EPS · 8 sales | Open +12.02% vs SPY +1.01%. Close +3.87% vs SPY +2.31% |
| 2024Q1ended 2024-03-31 | 2024-05-08 16:30 | -0.380 | -0.508 | -0.385 | 15.89 | 14.86 | EPS -25.2% · sales +7.0% | vs 2023Q1, year-ago quarter · EPS -30.9% · sales -4.0% | 9 EPS · 7 sales | Open +0.77% vs SPY +0.04%. Close +0.19% vs SPY +0.58% |
| 2023Q4ended 2023-12-31 | 2024-02-27 16:30 | -0.490 | -0.771 | -0.491 | 15.19 | 8.84 | EPS -36.4% · sales +71.9% | vs 2022Q4, year-ago quarter · EPS -22.2% · sales +5.2% | 12 EPS · 10 sales | Open -0.14% vs SPY -0.32%. Close -0.29% vs SPY -0.13% |
| 2023Q3ended 2023-09-30 | 2023-11-07 16:30 | -0.530 | -0.657 | -0.530 | 9.10 | 9.97 | EPS -19.4% · sales -8.7% | vs 2022Q3, year-ago quarter · EPS -5.4% · sales -38.7% | 11 EPS · 9 sales | - |
| 2023Q2ended 2023-06-30 | 2023-08-03 16:30 | 0.020 | -0.814 | 0.016 | 56.21 | 4.18 | EPS -102.5% · sales +1243.8% | vs 2022Q2, year-ago quarter · EPS -83.3% · sales -29.6% | 9 EPS · 6 sales | - |
| 2023Q1ended 2023-03-31 | 2023-05-04 16:30 | -0.550 | -0.759 | -0.552 | 16.55 | 7.71 | EPS -27.5% · sales +114.6% | vs 2022Q1, year-ago quarter · EPS +1.9% · sales -32.4% | 11 EPS · 7 sales | - |
| 2022Q4ended 2022-12-31 | 2023-02-28 16:30 | -0.630 | -0.464 | -0.634 | 14.44 | 30.15 | EPS +35.9% · sales -52.1% | vs 2021Q4, year-ago quarter · EPS -7.4% · sales +3.2% | 11 EPS · 8 sales | - |
Annual earnings
2025FY EPS -1.390 beat -1.395, from -1.230 a year earlier. Sales 21.05 beat 16.92, from 100.56 a year earlier
Reported years only. The outline behind the bar is the estimate. A later year with no print stays in the table.
earnings feed, not the snapshot. Not the statement ratio.
| Period | EPS adjusted | EPS est | EPS reported | Sales act, USD m | Sales est, USD m | P/E, earnings feed |
|---|---|---|---|---|---|---|
| 2030FYestimate | - | -0.610 | - | - | 11.67 | - |
| 2029FYestimate | - | -0.713 | - | - | 1.67 | - |
| 2028FYestimate | - | -0.664 | - | - | 9.00 | - |
| 2027FYestimate | - | -0.780 | - | - | 14.30 | - |
| 2026FYestimate | - | 0.574 | - | - | 186.47 | 4.42 |
| 2025FY | -1.390 | -1.395 | -1.390 | 21.05 | 16.92 | - |
| 2024FY | -1.230 | -1.774 | -1.233 | 100.56 | 65.66 | - |
| 2023FY | -1.560 | -1.833 | -1.557 | 97.06 | 91.16 | - |
| 2022FY | -1.620 | -1.389 | -1.617 | 133.62 | 150.84 | - |
| 2021FY | -0.450 | 0.097 | -0.452 | 207.09 | 243.75 | 213.99 |
| 2020FY | -2.450 | -2.434 | -2.446 | 21.10 | 24.15 | - |
| 2019FY | -1.710 | -1.643 | -1.707 | 21.22 | 21.63 | - |
| 2018FY | -4.620 | -1.025 | -0.749 | 27.68 | 22.43 | - |
Quarterly results
2026Q3 revenue 162.87, from 3.26 a year earlier. Operating margin 76.0%, from -1,157% a year earlier
From the quarterly statement. Not an estimate.
Estimate revisions
Latest snapshot of each period and type. 2026FY E 0.48 per share.
| Period | Type | Scale | Date | Mean | vs prior date |
|---|---|---|---|---|---|
| 2026FY | E | per share | 2026-11-06 | 0.48 | -224.4% |
| 2026Q4 | E | per share | 2026-11-06 | 0.16 | -27.7% |
| 2026FY | R | per share | 2026-11-06 | 0.51 | -194.4% |
| 2026Q4 | R | per share | 2026-11-06 | 0.09 | +25.7% |
| 2026Q4 | S | per share | 2026-11-06 | 67.84 | -12.8% |
| 2026FY | S | - | 2026-11-06 | 174.93 | +164.4% |
| 2026Q3 | E | per share | 2026-10-28 | -0.22 | -1.9% |
| 2026Q3 | R | per share | 2026-10-28 | -0.22 | -0.4% |
| 2026Q3 | S | per share | 2026-10-28 | 2.38 | +8.6% |
| 2026Q2 | E | per share | 2026-08-06 | -0.23 | +3.3% |
| 2026Q2 | S | per share | 2026-08-06 | 1.71 | +20.0% |
| 2026Q2 | R | per share | 2026-07-30 | -0.22 | -2.2% |
| 2026Q1 | E | per share | 2026-05-01 | -0.29 | +1.8% |
| 2026Q1 | R | per share | 2026-04-30 | -0.24 | +0.8% |
| 2026Q1 | S | per share | 2026-03-06 | 9.67 | -5.2% |
| 2025FY | E | per share | 2026-02-18 | -1.40 | -2.6% |
| 2025Q4 | E | per share | 2026-02-18 | -0.37 | -2.4% |
| 2025FY | R | per share | 2026-02-18 | -1.42 | +0.0% |
| 2025Q4 | R | per share | 2026-02-18 | -0.38 | +0.3% |
| 2025Q4 | S | per share | 2026-02-18 | 1.96 | -8.5% |
| 2025FY | S | per share | 2026-01-31 | 16.92 | 0.0% |
| 2025Q3 | E | per share | 2025-11-01 | -0.41 | 0.0% |
| 2025Q3 | R | per share | 2025-10-28 | -0.41 | +0.3% |
| 2025Q3 | S | per share | 2025-10-28 | 3.49 | +0.1% |
| 2025Q2 | E | per share | 2025-07-26 | -0.46 | 0.0% |
| 2025Q2 | R | per share | 2025-07-26 | -0.47 | 0.0% |
| 2025Q2 | S | per share | 2025-07-26 | 2.80 | 0.0% |
| 2025Q1 | E | per share | 2025-03-21 | -0.48 | +0.2% |
| 2025Q1 | R | per share | 2025-02-27 | -0.51 | -3.2% |
| 2025Q1 | S | per share | 2025-02-27 | 4.38 | -52.8% |
| 2024FY | E | per share | 2025-02-26 | -1.77 | 0.0% |
| 2024Q4 | E | per share | 2025-02-26 | -0.62 | 0.0% |
| 2024FY | R | per share | 2025-02-26 | -1.77 | 0.0% |
| 2024Q4 | R | per share | 2025-02-26 | -0.60 | 0.0% |
| 2024FY | S | per share | 2025-02-26 | 65.66 | 0.0% |
| 2024Q4 | S | per share | 2025-02-26 | 19.78 | 0.0% |
| 2024Q3 | E | per share | 2024-10-26 | -0.53 | 0.0% |
| 2024Q3 | R | per share | 2024-10-26 | -0.54 | 0.0% |
| 2024Q3 | S | per share | 2024-10-22 | 15.70 | 0.0% |
| 2024Q2 | E | per share | 2024-07-26 | -0.50 | +0.1% |
| 2024Q2 | R | per share | 2024-07-24 | -0.51 | 0.0% |
| 2024Q2 | S | per share | 2024-07-24 | 14.36 | 0.0% |
| 2024Q1 | S | per share | 2024-04-26 | 14.86 | +0.3% |
| 2024Q1 | R | per share | 2024-04-12 | -0.57 | 0.0% |
| 2024Q1 | E | per share | 2024-04-04 | -0.51 | +2.7% |
| 2023FY | R | per share | 2024-02-22 | -1.82 | +0.0% |
| 2023FY | E | per share | 2024-02-14 | -1.83 | +0.4% |
| 2023FY | S | per share | 2024-01-29 | 91.16 | 0.0% |
Estimate history
| Metric | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM | MRQ |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EPS per share | -0.466 | -0.749 | -1.707 | -2.446 | -0.452 | -1.617 | -1.557 | -1.233 | -1.388 | 0.3596 | - |
| Sales USD millions | 4 | 28 | 21 | 21 | 207 | 134 | 97 | 101 | 21 | 173 | - |
| Shares million shares | 70 | 70 | 69 | 79 | 82 | 83 | 85 | 99 | 110 | - | 112 |
| Metric | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 | Q3 '26 |
|---|---|---|---|---|---|---|---|---|---|
| EPS per share | -0.433 | -0.021 | -0.407 | -0.304 | -0.338 | -0.34 | -0.207 | -0.207 | 1.114 |
| Sales USD millions | 15 | 54 | 4 | 8 | 3 | 6 | 1 | 3 | 163 |
| Shares million shares | 98 | 99 | 100 | 101 | 107 | 110 | 111 | 112 | 112 |
Income statement, annual
| Metric | TTM | 2025FY12/31/2025 | 2024FY12/31/2024 | 2023FY12/31/2023 | 2022FY12/31/2022 | 2021FY12/31/2021 | 2020FY12/31/2020 | 2019FY12/31/2019 | 2018FY12/31/2018 |
|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | 173.47 | 21.05-79.1% | 100.56+3.6% | 97.06-27.4% | 133.62-35.5% | 207.09+881.5% | 21.10-0.6% | 21.22-23.3% | 27.68 |
| Cost of Goods Sold Incl. D&A | 8.38 | 9.66+9.3% | 8.84-0.1% | 8.85+4.5% | 8.47 | - | - | - | - |
| Gross Profit | 165.09 | 11.38-87.6% | 91.72+4.0% | 88.21-29.5% | 125.14 | - | - | - | - |
| Selling, General and Administrative Excl. Other | 122.33 | 157.19-33.0% | 234.51-2.3% | 239.95-8.8% | 262.98+11.4% | 236.13+13.1% | 208.77+62.0% | 128.89+53.5% | 83.95 |
| Research and Development | 91.44 | 113.40-36.0% | 177.10-3.4% | 183.27-12.9% | 210.42+11.1% | 189.41+20.7% | 156.87+56.0% | 100.53+37.7% | 73.03 |
| Other Operating Expense | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Operating Income | 42.76 | -145.81 | -142.79 | -151.74 | -137.83 | -37.36 | -194.94 | -113.25 | -57.29 |
| Interest Expense | - | - | - | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Unusual Expense | 7.80 | 10.20+361.5% | 2.21 | 0.00 | - | - | 0.24-79.3% | 1.16 | - |
| Net Income Before Taxes | 41.77 | -142.76 | -118.92 | -125.18 | -130.06 | -36.33 | -190.23 | -105.39 | -52.25 |
| Income Taxes | 0.36 | 0.17+30.8% | 0.13-97.5% | 5.21+60.3% | 3.25 | 0.00 | 0.00 | 0.00 | 0.00 |
| Consolidated Net Income | 41.41 | -142.93 | -119.05 | -130.39 | -133.31 | -36.33 | -190.23 | -105.39 | -52.25 |
| Net Income From Continuing Operations | 41.41 | -142.93 | -119.05 | -130.39 | -133.31 | -36.33 | -190.23 | -105.39 | -52.25 |
| Net Income | 41.41 | -142.93 | -119.05 | -130.39 | -133.31 | -36.33 | -190.23 | -105.39 | -52.25 |
| EPS (Recurring) per share | 0.42 | -1.32 | -1.22 | -1.56 | -1.62 | -0.45 | -2.44 | -1.69 | -0.75 |
| EPS (Basic, Before Extraordinaries) per share | 0.36 | -1.39 | -1.23 | -1.56 | -1.62 | -0.45 | -2.45 | -1.71 | -0.75 |
| EPS (Diluted) per share | 0.36 | -1.39 | -1.23 | -1.56 | -1.62 | -0.45 | -2.45 | -1.71 | -0.75 |
| EBITDA | 51.14 | -136.15 | -133.95 | -142.89 | -129.36 | -29.05 | -187.67 | -107.67 | -56.27 |
| Non-Operating Income (Expense) | 6.81 | 13.25-49.2% | 26.08-1.8% | 26.56+241.4% | 7.78+655.3% | 1.03-79.2% | 4.95-45.1% | 9.02+79.0% | 5.04 |
| Other After Tax Adjustments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Stock Option Compensation Expense | 9.76 | 21.06-32.5% | 31.18-7.8% | 33.81-7.3% | 36.46-10.6% | 40.78+33.6% | 30.52+87.5% | 16.28+135.3% | 6.92 |
| Price To Earnings Ratio ratio statement ratio, not the snapshot | 6.81 | 6.81 | - | - | - | - | - | - | - |
| Price To Sales Ratio ratio | 1.19 | 7.63 | 1.82 | 6.88 | 5.70 | 8.02 | 55.76 | 50.13 | - |
| Gross Margin % | 95.17 | 54.09 | 91.21 | 90.88 | 93.66 | - | - | - | - |
| Operating Margin % | 24.65 | -692.83 | -142.00 | -156.33 | -103.16 | -18.04 | -923.95 | -533.70 | -206.99 |
| Net Margin % | 23.87 | -679.16 | -118.39 | -134.34 | -99.77 | -17.54 | -901.64 | -496.65 | -188.78 |
| Shares Outstanding million shares | 112.27 | 110.36+11.4% | 99.09+16.7% | 84.88+2.4% | 82.90+1.1% | 81.99+3.4% | 79.32+14.9% | 69.05-1.0% | 69.75 |
| Market Capitalization | 364.75 | 364.75+97.1% | 185.09-72.4% | 671.41-12.0% | 763.33-54.5% | 1,678.35+40.0% | 1,198.94+1.0% | 1,187.56+2.1% | 1,162.75 |
Income statement, quarterly
| Metric | 2026Q39/30/2026 | 2026Q26/30/2026 | 2026Q13/31/2026 | 2025Q412/31/2025 | 2025Q39/30/2025 | 2025Q26/30/2025 | 2025Q13/31/2025 | 2024Q412/31/2024 |
|---|---|---|---|---|---|---|---|---|
| Total Revenue | 162.87+4896.0% | 3.32-57.8% | 1.05-71.4% | 6.24-88.5% | 3.26-78.7% | 7.87-47.8% | 3.67-76.9% | 54.24+257.1% |
| Cost of Goods Sold Incl. D&A | 1.98-15.0% | 2.05-36.3% | 2.08+12.4% | 2.26+8.7% | 2.33+6.4% | 3.22+41.2% | 1.85-19.2% | 2.08-8.0% |
| Gross Profit | 160.88+17198.9% | 1.27-72.7% | -1.04-156.8% | 3.98-92.4% | 0.93-92.9% | 4.65-63.7% | 1.83-86.5% | 52.16+303.4% |
| Selling, General and Administrative Excl. Other | 37.04-4.1% | 25.56-34.1% | 24.18-45.3% | 35.54-37.9% | 38.64-37.3% | 38.79-33.6% | 44.22-22.8% | 57.21-5.3% |
| Research and Development | 28.05+3.8% | 17.41-28.6% | 15.77-50.4% | 30.20-32.0% | 27.02-41.0% | 24.39-44.6% | 31.79-25.9% | 44.38-2.4% |
| Other Operating Expense | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Operating Income | 123.84 | -24.29 | -25.22 | -31.57 | -37.71 | -34.14 | -42.40 | -5.04 |
| Unusual Expense | 0.00 | 0.10 | -0.30-113.0% | 8.00+262.0% | -0.10 | 0.00 | 2.30 | 2.21 |
| Net Income Before Taxes | 124.66 | -22.86 | -22.93 | -37.10 | -34.67 | -30.52 | -40.47 | -2.03 |
| Income Taxes | 0.06 | 0.13 | 0.00 | 0.17+240.0% | 0.00 | 0.00-100.0% | 0.00-100.0% | 0.05-97.0% |
| Consolidated Net Income | 124.60 | -22.99 | -22.93 | -37.27 | -34.67 | -30.52 | -40.47 | -2.07 |
| Net Income From Continuing Operations | 124.60 | -22.99 | -22.93 | -37.27 | -34.67 | -30.52 | -40.47 | -2.07 |
| Net Income | 124.60 | -22.99 | -22.93 | -37.27 | -34.67 | -30.52 | -40.47 | -2.07 |
| EPS (Recurring) per share | 1.11 | -0.21 | -0.21 | -0.29 | -0.34 | -0.30 | -0.39 | -0.01 |
| EPS (Basic, Before Extraordinaries) per share | 1.11 | -0.21 | -0.21 | -0.34 | -0.34 | -0.30 | -0.41 | -0.02 |
| EPS (Diluted) per share | 1.11 | -0.21 | -0.21 | -0.34 | -0.34 | -0.30 | -0.41 | -0.02 |
| EBITDA | 125.82 | -22.24 | -23.14 | -29.31 | -35.38 | -30.92 | -40.55 | -2.97 |
| Non-Operating Income (Expense) | 0.82-72.1% | 1.53-57.6% | 1.99-52.8% | 2.47-52.7% | 2.94-52.7% | 3.61-48.4% | 4.22-44.8% | 5.22-32.0% |
| Other After Tax Adjustments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Stock Option Compensation Expense | 1.58-68.8% | 2.06-63.1% | 2.30-65.2% | 3.83-52.5% | 5.06-44.0% | 5.58-28.7% | 6.60-18.9% | 8.07-11.5% |
| Price To Earnings Ratio ratio statement ratio, not the snapshot | 6.81 | - | - | - | - | - | - | - |
| Price To Sales Ratio ratio | 1.19 | 16.13 | 12.91 | 8.12 | 4.40 | 1.73 | 1.38 | 1.85 |
| Gross Margin % | 98.78 | 38.28 | -99.24 | 63.78 | 28.47 | 59.08 | 49.70 | 96.17 |
| Operating Margin % | 76.04 | -731.72 | -2,410.99 | -506.11 | -1,156.69 | -433.55 | -1,153.92 | -9.30 |
| Net Margin % | 76.50 | -692.47 | -2,192.16 | -597.51 | -1,063.40 | -387.66 | -1,101.55 | -3.82 |
| Shares Outstanding million shares | 112.27+4.5% | 111.66+10.3% | 111.03+11.0% | 110.36+11.4% | 107.45+9.7% | 101.21+4.0% | 99.99+3.7% | 99.09+16.7% |
| Market Capitalization | 364.75+21.7% | 223.16+59.4% | 237.28+94.7% | 170.28-8.0% | 299.59-33.9% | 139.99-68.0% | 121.88-78.9% | 185.09-72.4% |
Balance sheet, annual
| Metric | 2025FY12/31/2025 | 2024FY12/31/2024 | 2023FY12/31/2023 | 2022FY12/31/2022 | 2021FY12/31/2021 | 2020FY12/31/2020 | 2019FY12/31/2019 | 2018FY12/31/2018 | 2017FY12/31/2017 |
|---|---|---|---|---|---|---|---|---|---|
| Cash & Short Term Investments | 256.02-38.1% | 413.40-24.7% | 548.86-23.0% | 712.85-3.0% | 735.25+77.9% | 413.31+17.1% | 353.07+21.6% | 290.41+794.9% | 32.45 |
| Short Term Receivables | 0.00 | 0.00 | 0.00-100.0% | 2.59-65.0% | 7.39 | 0.00 | 0.00 | 0.00-100.0% | 200.24 |
| Inventories | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Current Assets | 10.43-8.7% | 11.42-32.6% | 16.95+54.1% | 11.00+55.6% | 7.07-13.8% | 8.20+88.1% | 4.36+57.4% | 2.77+889.3% | 0.28 |
| Total Current Assets | 266.45-37.3% | 424.82-24.9% | 565.81-22.1% | 726.43-3.1% | 749.71+77.9% | 421.51+17.9% | 357.44+21.9% | 293.18+25.8% | 232.97 |
| Net Property, Plant & Equipment | 24.55-33.8% | 37.10-21.2% | 47.06-11.8% | 53.33-7.9% | 57.90-7.6% | 62.65+0.5% | 62.33+469.7% | 10.94+286.6% | 2.83 |
| Total Investments and Advances | 1.850.0% | 1.85+19.4% | 1.55+5.4% | 1.470.0% | 1.470.0% | 1.470.0% | 1.470.0% | 1.47 | 0.00 |
| Intangible Assets | - | - | - | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | - |
| Other Assets | 0.39-91.4% | 4.54-38.8% | 7.42+15.8% | 6.41+15.1% | 5.57+112.6% | 2.62+285.3% | 0.68-75.5% | 2.77+1008.0% | 0.25 |
| Total Assets | 293.24-37.4% | 468.30-24.7% | 621.83-21.1% | 787.65-3.3% | 814.66+66.9% | 488.25+15.7% | 421.91+36.8% | 308.36+30.6% | 236.06 |
| Short Term Debt Incl. Current Port. of LT Debt | 9.42+7.7% | 8.75+3.4% | 8.46+5.0% | 8.06+3.5% | 7.79+3.7% | 7.51+14.3% | 6.57 | 0.00 | 0.00 |
| Accounts Payable | 1.69-23.5% | 2.21-41.4% | 3.77-10.0% | 4.19-11.8% | 4.75+58.3% | 3.00+971.4% | 0.28+115.4% | 0.13-88.6% | 1.14 |
| Other Current Liabilities | 58.39-48.8% | 114.09-31.2% | 165.71+103.2% | 81.56-35.8% | 127.01+120.6% | 57.57+4.4% | 55.13+15.3% | 47.82+82.1% | 26.26 |
| Total Current Liabilities | 69.50-44.4% | 125.06-29.7% | 177.95+89.7% | 93.81-32.8% | 139.56+105.0% | 68.09+9.9% | 61.97+29.2% | 47.95+75.0% | 27.40 |
| Long Term Debt | 26.81-20.6% | 33.77+10.9% | 30.46-13.6% | 35.27-11.4% | 39.81-9.0% | 43.74+5.5% | 41.47 | 0.00 | 0.00 |
| Provision for Risks Charges | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Liabilities | 166.27-9.0% | 182.68-34.6% | 279.26-37.1% | 444.13+32.7% | 334.57+207.3% | 108.89-12.0% | 123.73-16.0% | 147.29-19.6% | 183.21 |
| Total Liabilities | 262.59-23.1% | 341.50-30.0% | 487.67-14.9% | 573.21+11.5% | 513.93+132.8% | 220.72-2.8% | 227.17+16.4% | 195.24-7.3% | 210.61 |
| Non-Equity Reserves | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Preferred Stock - Carrying Value | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00-100.0% | 210.52+171.7% | 77.48 |
| Common Equity | 30.65-75.8% | 126.80-5.5% | 134.16-37.4% | 214.44-28.7% | 300.72+12.4% | 267.53+37.4% | 194.74 | -97.40 | -52.03 |
| Total Shareholders Equity | 30.65-75.8% | 126.80-5.5% | 134.16-37.4% | 214.44-28.7% | 300.72+12.4% | 267.53+37.4% | 194.74+72.2% | 113.12+344.5% | 25.45 |
| Accumulated Minority Interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Equity | 30.65-75.8% | 126.80-5.5% | 134.16-37.4% | 214.44-28.7% | 300.72+12.4% | 267.53+37.4% | 194.74+72.2% | 113.12+344.5% | 25.45 |
| Total Liabilities & Stockholders Equity | 293.24-37.4% | 468.30-24.7% | 621.83-21.1% | 787.65-3.3% | 814.66+66.9% | 488.25+15.7% | 421.91+36.8% | 308.36+30.6% | 236.06 |
| Book Value Per Share per share | 0.28-78.1% | 1.28-19.0% | 1.58-39.0% | 2.59-29.4% | 3.67+8.9% | 3.37+19.5% | 2.82 | -1.40 | -0.75 |
| Tangible Book Value Per Share per share | 0.28-78.1% | 1.28-19.0% | 1.58-39.0% | 2.59-29.4% | 3.67+8.9% | 3.37+19.5% | 2.82 | -1.40 | -0.75 |
| Full-Time Employees people | 103-56.7% | 238-2.5% | 244-10.6% | 273+31.3% | 208+21.6% | 171+41.3% | 121+55.1% | 78 | - |
| Price to Book Ratio ratio | 2.36 | 1.56 | 4.13 | 3.02 | 5.63 | 4.49 | 6.11 | 5.32 | - |
| Return on Assets % | -37.54 | -21.84 | -18.50 | -16.64 | -5.58 | -41.80 | -28.86 | -19.19 | -22.39 |
| Return on Equity % | -181.56 | -91.24 | -74.81 | -51.75 | -12.79 | -82.30 | -68.46 | -75.41 | -83.25 |
| Return on Invested Capital % | -248.75 | -74.14 | -79.21 | -53.39 | -10.67 | -61.11 | -44.61 | -46.19 | -127.61 |
| Quick Ratio ratio | 3.83 | 3.40 | 3.18 | 7.74 | 5.37 | 6.19 | 5.77 | 6.11 | 8.50 |
| Current Ratio ratio | 3.83 | 3.40 | 3.18 | 7.74 | 5.37 | 6.19 | 5.77 | 6.11 | 8.50 |
Cash flow, annual
| Metric | TTM | 2025FY12/31/2025 | 2024FY12/31/2024 | 2023FY12/31/2023 | 2022FY12/31/2022 | 2021FY12/31/2021 | 2020FY12/31/2020 | 2019FY12/31/2019 | 2018FY12/31/2018 |
|---|---|---|---|---|---|---|---|---|---|
| Net Income | 41.41 | -142.93 | -119.05 | -130.39 | -133.31 | -36.33 | -190.23 | -105.39 | -52.25 |
| Depreciation | 8.38 | 9.66+9.3% | 8.84-0.1% | 8.85+4.5% | 8.47+1.9% | 8.31+14.5% | 7.26+30.3% | 5.57+446.1% | 1.02 |
| Other Funds (Non Cash) | 12.33 | 23.29-14.7% | 27.29-0.9% | 27.53-38.8% | 44.98+4.9% | 42.88+36.3% | 31.45+146.1% | 12.78+195.2% | 4.33 |
| Funds from Operations | 62.12 | -109.97 | -82.92 | -94.02 | -79.86-637.1% | 14.87 | -151.51 | -87.03 | -46.90 |
| Extraordinary Item | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Changes in Working Capital | -211.99 | -74.06 | -146.99 | -90.15-251.4% | 59.53-79.0% | 283.68 | -15.22 | -12.27-107.0% | 174.36 |
| Cash from Operating Activities | -149.88 | -184.03 | -229.91 | -184.16 | -20.33-106.8% | 298.55 | -166.73 | -99.31-177.9% | 127.46 |
| Capital Expenditures | -0.15 | -0.04 | -1.25 | -2.38 | -4.12 | -3.25 | -5.03 | -15.27 | -1.88 |
| Net Assets From Acquisitions | - | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | - |
| Sale of Fixed Assets and Businesses | 0.30 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | - |
| Purchase or Sale of Investments | 153.61 | 196.64+81.4% | 108.39+3.9% | 104.30 | -154.90 | -46.42 | -100.02 | -33.61 | -222.24 |
| Purchase of Investments | -166.46 | -271.88 | -467.74 | -551.73 | -556.90 | -343.40 | -506.81 | -529.61 | -472.24 |
| Sale Or Maturity of Investments | 320.06 | 468.52-18.7% | 576.13-12.2% | 656.03+63.2% | 402.00+35.4% | 296.99-27.0% | 406.79-18.0% | 496.00+98.4% | 250.00 |
| Other Uses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Sources | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Cash from Investing Activities | 153.76 | 196.60+83.5% | 107.13+5.1% | 101.92 | -159.01 | -49.66 | -105.05 | -48.87 | -224.12 |
| Cash Dividends Paid | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Change in Capital Stock | 5.37 | 20.00-71.9% | 71.11+2688.6% | 2.55-43.5% | 4.51-85.1% | 30.30-86.9% | 232.11+34.7% | 172.35+31.4% | 131.15 |
| Repurchase of Common Pref Stock | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Sale of Common Pref Stock | 5.37 | 20.00-71.9% | 71.11+2688.6% | 2.55-43.5% | 4.51-85.1% | 30.30-86.9% | 232.11+34.7% | 172.35+31.4% | 131.15 |
| Proceedsfrom Stock Options | 5.36 | 19.98-71.9% | 71.11+4737.4% | 1.47+0.7% | 1.46-17.0% | 1.76-99.2% | 224.60+32.1% | 170.04+29.7% | 131.15 |
| Issuance or Reduction of Debt, Net | -10.43 | 0.00-100.0% | 9.39 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Change in Long Term Debt | -10.43 | 0.00-100.0% | 9.39 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Issuance of Long Term Debt | 0.00 | 0.00-100.0% | 9.39 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Reduction of Long Term Debt | -10.43 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net Financing Active Other Cash Flow | 0.14 | 0.22-78.8% | 1.04 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Financing Activities Uses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Cash from Financing Activities | -4.91 | 20.21-75.2% | 81.54+3097.6% | 2.55-43.5% | 4.51-85.1% | 30.30-86.9% | 232.11+34.7% | 172.35+31.4% | 131.15 |
| Net Change in Cash | -1.03 | 32.78 | -41.23 | -79.69 | -174.83-162.6% | 279.18 | -39.67-264.1% | 24.17-29.9% | 34.49 |
| Free Cash Flow | -150.02 | -184.07 | -231.16 | -186.54 | -24.45-108.3% | 295.30 | -171.77 | -114.57-191.2% | 125.58 |
| Preferred Dividends (Cash Flow) | - | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Price to Free Cash Flow ratio | - | - | - | - | - | 5.62 | - | - | - |
| Deferred Taxes & Investment Tax Credit | - | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Balance sheet, quarterly
| Metric | 2026Q39/30/2026 | 2026Q26/30/2026 | 2026Q13/31/2026 | 2025Q412/31/2025 | 2025Q39/30/2025 | 2025Q26/30/2025 | 2025Q13/31/2025 | 2024Q412/31/2024 |
|---|---|---|---|---|---|---|---|---|
| Cash & Short Term Investments | 138.70-52.4% | 172.80-43.8% | 206.51-41.8% | 256.02-38.1% | 291.11-36.3% | 307.28-39.0% | 354.55-36.9% | 413.40-24.7% |
| Short Term Receivables | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Inventories | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Current Assets | 6.65-28.3% | 7.29-38.7% | 8.57-29.2% | 10.43-8.7% | 9.28-23.7% | 11.90-27.3% | 12.10-37.3% | 11.42-32.6% |
| Total Current Assets | 145.35-51.6% | 180.09-43.6% | 215.08-41.3% | 266.45-37.3% | 300.38-36.0% | 319.18-38.6% | 366.65-36.9% | 424.82-24.9% |
| Net Property, Plant & Equipment | 18.29-36.0% | 20.57-33.4% | 22.62-35.9% | 24.55-33.8% | 28.58-26.8% | 30.90-28.8% | 35.29-21.9% | 37.10-21.2% |
| Total Investments and Advances | 1.850.0% | 1.850.0% | 1.850.0% | 1.850.0% | 1.85+19.4% | 1.85+19.4% | 1.85+19.4% | 1.85+19.4% |
| Other Assets | 0.30-93.3% | 0.35-92.2% | 0.37-91.8% | 0.39-91.4% | 4.47-26.6% | 4.49-26.6% | 4.52-38.9% | 4.54-38.8% |
| Total Assets | 165.78-50.6% | 202.85-43.1% | 239.92-41.2% | 293.24-37.4% | 335.29-35.0% | 356.42-37.6% | 408.30-35.8% | 468.30-24.7% |
| Short Term Debt Incl. Current Port. of LT Debt | 9.29+3.5% | 19.06+114.2% | 10.62+20.3% | 9.42+7.7% | 8.98+3.5% | 8.90+3.4% | 8.83+3.4% | 8.75+3.4% |
| Accounts Payable | 1.14-76.1% | 2.28+2.7% | 1.42-39.1% | 1.69-23.5% | 4.76-5.2% | 2.22-49.3% | 2.33-49.2% | 2.21-41.4% |
| Other Current Liabilities | 24.98-62.3% | 12.89-82.4% | 28.93-70.7% | 58.39-48.8% | 66.23-48.6% | 73.23-45.6% | 98.62-35.0% | 114.09-31.2% |
| Total Current Liabilities | 35.41-55.7% | 34.24-59.4% | 40.97-62.7% | 69.50-44.4% | 79.96-43.9% | 84.35-42.9% | 109.77-33.4% | 125.06-29.7% |
| Long Term Debt | 11.71-59.5% | 13.70-55.2% | 23.93-25.7% | 26.81-20.6% | 28.90+11.3% | 30.58+11.2% | 32.22+11.0% | 33.77+10.9% |
| Provision for Risks Charges | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Liabilities | 2.08-98.8% | 164.89-3.2% | 164.64-4.1% | 166.27-9.0% | 168.71-26.2% | 170.31-30.5% | 171.70-34.6% | 182.68-34.6% |
| Total Liabilities | 49.21-82.3% | 212.82-25.4% | 229.53-26.8% | 262.59-23.1% | 277.57-30.1% | 285.25-32.1% | 313.69-31.3% | 341.50-30.0% |
| Non-Equity Reserves | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Preferred Stock - Carrying Value | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Common Equity | 116.57+102.0% | -9.97-114.0% | 10.38-89.0% | 30.65-75.8% | 57.71-51.5% | 71.17-52.7% | 94.61-47.1% | 126.80-5.5% |
| Total Shareholders Equity | 116.57+102.0% | -9.97-114.0% | 10.38-89.0% | 30.65-75.8% | 57.71-51.5% | 71.17-52.7% | 94.61-47.1% | 126.80-5.5% |
| Accumulated Minority Interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Equity | 116.57+102.0% | -9.97-114.0% | 10.38-89.0% | 30.65-75.8% | 57.71-51.5% | 71.17-52.7% | 94.61-47.1% | 126.80-5.5% |
| Total Liabilities & Stockholders Equity | 165.78-50.6% | 202.85-43.1% | 239.92-41.2% | 293.24-37.4% | 335.29-35.0% | 356.42-37.6% | 408.30-35.8% | 468.30-24.7% |
| Book Value Per Share per share | 1.04+92.6% | -0.09-112.9% | 0.09-90.5% | 0.28-78.1% | 0.54-55.4% | 0.70-54.8% | 0.95-48.9% | 1.28-19.0% |
| Tangible Book Value Per Share per share | 1.04+92.6% | -0.09-112.9% | 0.09-90.5% | 0.28-78.1% | 0.54-55.4% | 0.70-54.8% | 0.95-48.9% | 1.28-19.0% |
| Full-Time Employees people | - | - | - | 103-56.7% | - | 163 | 175 | 238-2.5% |
| Price to Book Ratio ratio | 2.36 | 21.50 | 7.74 | 2.90 | 4.21 | 1.48 | 0.96 | 1.56 |
| Return on Assets % | 16.53 | -42.15 | -38.69 | -37.54 | -25.31 | -24.87 | -23.65 | -21.84 |
| Return on Equity % | 47.52 | -385.11 | -238.85 | -181.56 | -121.98 | -103.98 | -90.26 | -91.24 |
| Return on Invested Capital % | 97.13 | -616.52 | -66.82 | -64.86 | -40.03 | -30.00 | -31.91 | -1.29 |
| Quick Ratio ratio | 4.10 | 5.26 | 5.25 | 3.83 | 3.76 | 3.78 | 3.34 | 3.40 |
| Current Ratio ratio | 4.10 | 5.26 | 5.25 | 3.83 | 3.76 | 3.78 | 3.34 | 3.40 |
Cash flow, quarterly
| Metric | 2026Q39/30/2026 | 2026Q26/30/2026 | 2026Q13/31/2026 | 2025Q412/31/2025 | 2025Q39/30/2025 | 2025Q26/30/2025 | 2025Q13/31/2025 | 2024Q412/31/2024 |
|---|---|---|---|---|---|---|---|---|
| Net Income | 124.60 | -22.99 | -22.93 | -37.27 | -34.67 | -30.52 | -40.47 | -2.07 |
| Depreciation | 1.98-15.0% | 2.05-36.3% | 2.08+12.4% | 2.26+8.7% | 2.33+6.4% | 3.22+41.2% | 1.85-19.2% | 2.08-8.0% |
| Other Funds (Non Cash) | 2.38-51.7% | 2.19-66.5% | 2.32-63.7% | 5.45-28.6% | 4.93-38.2% | 6.53+9.7% | 6.39+11.5% | 7.63+12.5% |
| Funds from Operations | 128.96 | -18.75 | -18.53 | -29.56-486.9% | -27.41 | -20.78 | -32.23 | 7.64 |
| Extraordinary Item | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Changes in Working Capital | -153.12 | -15.46 | -31.29 | -12.13 | -5.11 | -28.27 | -28.55 | -62.66 |
| Cash from Operating Activities | -24.15 | -34.22 | -49.81 | -41.69 | -32.51 | -49.05 | -60.78 | -55.03 |
| Capital Expenditures | 0.00 | -0.03 | -0.12 | 0.00 | -0.01 | -0.01 | -0.02 | -0.17 |
| Net Assets From Acquisitions | - | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Sale of Fixed Assets and Businesses | 0.30 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Purchase or Sale of Investments | 49.79+0.5% | 17.15-69.2% | 61.07-7.1% | 25.60-38.4% | 49.55+22.2% | 55.73+48.7% | 65.75 | 41.58+127.2% |
| Purchase of Investments | -5.75 | -27.85 | -51.80 | -81.05 | -58.95 | -76.08 | -55.79 | -86.62 |
| Sale Or Maturity of Investments | 55.54-48.8% | 45.00-65.9% | 112.87-7.1% | 106.65-16.8% | 108.50-12.4% | 131.82-5.0% | 121.55-34.4% | 128.20-17.6% |
| Other Uses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Sources | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Cash from Investing Activities | 50.09+1.1% | 17.12-69.3% | 60.95-7.3% | 25.60-38.2% | 49.54+22.8% | 55.72+50.0% | 65.73 | 41.40+129.1% |
| Cash Dividends Paid | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Preferred Dividends (Cash Flow) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Change in Capital Stock | 0.05-99.7% | 0.00 | 0.03 | 5.30 | 14.70 | 0.00 | 0.00-100.0% | 0.00-100.0% |
| Repurchase of Common Pref Stock | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Sale of Common Pref Stock | 0.05-99.7% | 0.00 | 0.03 | 5.30 | 14.70 | 0.00 | 0.00-100.0% | 0.00-100.0% |
| Proceedsfrom Stock Options | 0.05-99.7% | 0.00 | 0.03 | 5.28 | 14.70 | 0.00 | 0.00-100.0% | 0.00-100.0% |
| Issuance or Reduction of Debt, Net | -10.43 | 0.00 | 0.00 | 0.00-100.0% | 0.00 | 0.00 | 0.00 | 9.39 |
| Change in Long Term Debt | -10.43 | 0.00 | 0.00 | 0.00-100.0% | 0.00 | 0.00 | 0.00 | 9.39 |
| Issuance of Long Term Debt | 0.00 | 0.00 | 0.00 | 0.00-100.0% | 0.00 | 0.00 | 0.00 | 9.39 |
| Reduction of Long Term Debt | -10.43 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net Financing Active Other Cash Flow | 0.00 | 0.05-58.3% | 0.00 | 0.10-75.0% | 0.00 | 0.12-81.3% | 0.00 | 0.40 |
| Other Financing Activities Uses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Cash from Financing Activities | -10.38-170.6% | 0.05-58.3% | 0.03 | 5.39-44.9% | 14.70 | 0.12-81.3% | 0.00-100.0% | 9.79+1559.3% |
| Net Change in Cash | 15.56-51.0% | -17.05-350.7% | 11.16+125.5% | -10.70 | 31.73 | 6.80 | 4.95 | -3.84 |
| Free Cash Flow | -24.15 | -34.25 | -49.93 | -41.69 | -32.52 | -49.06 | -60.80 | -55.20 |
Revenue breakdown
USD millions, so a column adds up to the income statement. Share is of the latest year in that split. The change is versus the older year shown, not TTM.
| Name | 2024 | 2025 | vs 2024 | 2025 share |
|---|---|---|---|---|
| Biological Products, (No Diagnostic Substances) | 100.56 | 21.05 | -79.1% | 100.0% |
| Total | 100.56 | 21.05 | -79.1% | 100.0% |
| Name | 2024 | 2025 | vs 2024 | 2025 share |
|---|---|---|---|---|
| United States | 100.56 | 21.05 | -79.1% | 100.0% |
| Total | 100.56 | 21.05 | -79.1% | 100.0% |
Short interest
shares short against float, oldest to newest| Settlement | Of float | Shares short | Float | Avg volume |
|---|---|---|---|---|
| 2026-10-30 | 7.67% | 8.4M | 109.4M | 3.29M |
| 2026-10-15 | 9.41% | 10.3M | 108.9M | 2.96M |
| 2026-09-30 | 7.46% | 6.1M | 82.4M | 1.15M |
| 2026-09-15 | 7.41% | 6.1M | 82.4M | 1.19M |
| 2026-08-31 | 7.51% | 6.2M | 82.1M | 997.59K |
| 2026-08-14 | 7.19% | 5.9M | 82.1M | 904.18K |
| 2026-07-31 | 7.22% | 5.6M | 78.2M | 706.99K |
| 2026-07-15 | 7.29% | 5.7M | 77.7M | 721.97K |
| 2026-06-30 | 7.35% | 5.7M | 77.8M | 757.73K |
| 2026-06-15 | 6.75% | 5.2M | 77.8M | 644.09K |
| 2026-05-29 | 6.55% | 5.1M | 77.7M | 692.03K |
| 2026-05-15 | 6.19% | 4.9M | 78.5M | 696.02K |
| 2026-04-30 | 6.65% | 5.0M | 75.2M | 769.11K |
| 2026-04-15 | 6.89% | 5.2M | 74.7M | 817.40K |
| 2026-03-31 | 8.44% | 6.3M | 74.5M | 885.91K |
| 2026-03-13 | 8.07% | 6.0M | 74.5M | 990.05K |
| 2026-02-27 | 8.06% | 6.0M | 74.5M | 1.15M |
| 2026-02-13 | 8.28% | 6.1M | 73.7M | 1.25M |
| 2026-01-30 | 8.55% | 6.5M | 76.4M | 1.47M |
| 2026-01-15 | 8.49% | 6.5M | 76.4M | 2.73M |
Option chain
expiry 2026-11-20| Type | Strike | Bid | Ask | Last | IV | Open int | Volume | Delta | Theta | Vega |
|---|---|---|---|---|---|---|---|---|---|---|
| call | 0.50 | 1.45 | 2.45 | 1.46 | 0.000 | 1.00 | 0.00 | 0.965 | -0.018 | 0.000 |
| call | 1.00 | 1.00 | 2.00 | 0.88 | 13.084 | 6.00 | 0.00 | 0.929 | -0.019 | 0.000 |
| call | 1.50 | 0.55 | 1.55 | 0.55 | 9.005 | 20.00 | 0.00 | 0.881 | -0.017 | 0.001 |
| call | 2.00 | 0.15 | 0.80 | 0.55 | 4.273 | 1,494 | 2.00 | 0.795 | -0.014 | 0.001 |
| call | 2.50 | 0.00 | 0.30 | 0.29 | 2.247 | 114 | 0.00 | 0.553 | -0.023 | 0.001 |
| call | 5.00 | 0.00 | 0.25 | 0.04 | 3.277 | 8.00 | 0.00 | 0.107 | -0.014 | 0.001 |
| call | 7.50 | 0.00 | 0.75 | 0.05 | 4.498 | 2.00 | 0.00 | 0.086 | -0.016 | 0.001 |
| put | 0.50 | 0.00 | 1.00 | 0.00 | 8.044 | 0.00 | 0.00 | -0.028 | -0.011 | 0.000 |
| put | 1.00 | 0.00 | 1.00 | 0.00 | 8.415 | 0.00 | 0.00 | -0.082 | -0.029 | 0.001 |
| put | 1.50 | 0.00 | 1.00 | 0.05 | 3.004 | 11.00 | 0.00 | -0.081 | -0.011 | 0.001 |
| put | 2.00 | 0.00 | 0.10 | 0.10 | 2.072 | 1,063 | 1.00 | -0.205 | -0.013 | 0.001 |
| put | 2.50 | 0.00 | 0.45 | 0.14 | 2.261 | 4.00 | 0.00 | -0.442 | -0.024 | 0.001 |
| put | 5.00 | 2.20 | 3.20 | 0.00 | 7.521 | 0.00 | 0.00 | -0.893 | -0.013 | 0.001 |
| put | 7.50 | 4.60 | 5.60 | 0.00 | 8.342 | 0.00 | 0.00 | -0.914 | -0.015 | 0.001 |
Latest SEC filings
30| Filed | Form | Description | Period | Link |
|---|---|---|---|---|
| 2026-11-05 | 10-Q | Quarterly report pursuant to Section 13 or 15(d) | 2026-09-30 | SEC |
| 2026-11-05 | 8-K | Current report | 2026-11-05 | SEC |
| 2026-10-26 | SCHEDULE 13G | SEC | ||
| 2026-10-23 | SCHEDULE 13G | SEC | ||
| 2026-10-16 | 424B5 | SEC | ||
| 2026-10-16 | 8-K | Current report | 2026-10-15 | SEC |
| 2026-10-16 | FWP | Filing under Securities Act Rule 163/433 of free writing prospectuses. | SEC | |
| 2026-10-15 | 4 | Statement of changes in beneficial ownership of securities | 2026-10-13 | SEC |
| 2026-10-15 | 4 | Statement of changes in beneficial ownership of securities | 2026-10-14 | SEC |
| 2026-10-15 | 4 | Statement of changes in beneficial ownership of securities | 2026-10-13 | SEC |
| 2026-10-14 | 8-K | Current report | 2026-10-13 | SEC |
| 2026-10-05 | 8-K | Current report | 2026-09-30 | SEC |
| 2026-09-18 | SCHEDULE 13G | SEC | ||
| 2026-09-04 | 144 | Filing for proposed sale of securities under Rule 144. | SEC | |
| 2026-09-04 | 4 | Statement of changes in beneficial ownership of securities | 2026-09-02 | SEC |
| 2026-09-04 | 4 | Statement of changes in beneficial ownership of securities | 2026-09-03 | SEC |
| 2026-09-04 | 4 | Statement of changes in beneficial ownership of securities | 2026-09-03 | SEC |
| 2026-09-02 | 144 | Filing for proposed sale of securities under Rule 144. | SEC | |
| 2026-09-01 | 144 | Filing for proposed sale of securities under Rule 144. | SEC | |
| 2026-09-01 | 144 | Filing for proposed sale of securities under Rule 144. | SEC | |
| 2026-09-01 | 144 | Filing for proposed sale of securities under Rule 144. | SEC | |
| 2026-08-21 | 4 | Statement of changes in beneficial ownership of securities | 2026-08-19 | SEC |
| 2026-08-06 | 10-Q | Quarterly report pursuant to Section 13 or 15(d) | 2026-06-30 | SEC |
| 2026-08-06 | 8-K | Current report | 2026-08-06 | SEC |
| 2026-07-09 | 4 | Statement of changes in beneficial ownership of securities | 2026-07-09 | SEC |
| 2026-07-08 | 8-K | Current report | 2026-07-06 | SEC |
| 2026-06-17 | 4 | Statement of changes in beneficial ownership of securities | 2026-06-17 | SEC |
| 2026-06-17 | 4 | Statement of changes in beneficial ownership of securities | 2026-06-17 | SEC |
| 2026-06-17 | 4 | Statement of changes in beneficial ownership of securities | 2026-06-17 | SEC |
| 2026-06-17 | 8-K | Current report | 2026-06-17 | SEC |
Insider activity by month
| Month | Bought | Buys | Sold | Sells |
|---|---|---|---|---|
| 2026-11 | 0 | 0 | 0 | 0 |
| 2026-10 | 0 | 0 | 0 | 0 |
| 2026-09 | 0 | 0 | 296.09K | 5 |
| 2026-08 | 0 | 0 | 0 | 0 |
| 2026-07 | 0 | 0 | 0 | 0 |
| 2026-06 | 0 | 0 | 228.22K | 4 |
| 2026-05 | 0 | 0 | 0 | 0 |
| 2026-04 | 0 | 0 | 4.82K | 1 |
| 2026-03 | 0 | 0 | 263.58K | 5 |
| 2026-02 | 0 | 0 | 10.20K | 1 |
| 2026-01 | 0 | 0 | 0 | 0 |
| 2025-12 | 0 | 0 | 219.99K | 5 |
| 2025-11 | 0 | 0 | 0 | 0 |
Institutional holders
| Manager | % owned |
|---|---|
| TCG Crossover Management, LLC | 9.01% |
| Nantahala Capital Management, LLC | 7.78% |
| BlackRock, Inc. | 7.07% |
| ACADIAN ASSET MANAGEMENT LLC | 4.00% |
| VANGUARD CAPITAL MANAGEMENT LLC | 3.61% |
| Kynam Capital Management, LP | 3.43% |
| Merck & Co., Inc. | 3.19% |
| BALYASNY ASSET MANAGEMENT L.P. | 2.92% |
| 683 Capital Management, LLC | 2.88% |
| D. E. Shaw & Co., Inc. | 2.67% |
Funds
| Fund | % owned |
|---|---|
| VANGUARD TOTAL STOCK MARKET INDEX FUND | 2.56% |
| iShares Russell 2000 ETF | 2.30% |
| Select Biotechnology Portfolio | 1.24% |
| Fidelity Small Cap Index Fund | 0.96% |
| VANGUARD EXTENDED MARKET INDEX FUND | 0.93% |
| iShares Russell 2000 Growth ETF | 0.74% |
| Avantis Emerging Markets Value ETF | 0.66% |
| VANGUARD EXPLORER FUND | 0.61% |
| BlackRock Advantage Small Cap Core Fund | 0.57% |
| VANGUARD STRATEGIC SMALL-CAP EQUITY FUND | 0.57% |
OakChart. ALEC. Cached 15 minutes. Terms