ETNB - 89bio, Inc.
Price:
--
--
|
CONSENSUS:
Buy
DETAILS
|
PRICE TARGET:
$17.17
DETAILS
HIGH:
$25.00
LOW:
$12.00
MEDIAN:
$14.50
CONSENSUS:
$17.17
UPSIDE:
15.70%
| Metric | 2025 Q2 | 2025 Q1 | 2024 Q4 | 2024 Q3 | 2024 Q2 | 2024 Q1 | 2023 Q4 | 2023 Q3 | 2023 Q2 | 2023 Q1 | 2022 Q4 | 2022 Q3 | 2022 Q2 | 2022 Q1 | 2021 Q4 | 2021 Q3 | 2021 Q2 | 2021 Q1 | 2020 Q4 | 2020 Q3 | 2020 Q2 | 2020 Q1 | 2019 Q4 | 2019 Q3 | 2019 Q2 | 2019 Q1 | 2018 Q4 | 2018 Q3 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ||||||||||||||||||||||||||||
| Revenue | 0 | 0 | 0.0 | 0 | 0 | 0 | 0.2 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cost of Revenue | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Gross Profit | (0.0) | (0.0) | 0 | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.1) | (0.1) | (0.1) | (0.1) | (0.1) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Operating Expenses | ||||||||||||||||||||||||||||
| R&D Expenses | 103.9 | 64.4 | 111.3 | 141.4 | 44.9 | 47.4 | 33.6 | 31.4 | 34.9 | 22.3 | 19.1 | 22.2 | 19.7 | 19.8 | 21.0 | 23.6 | 15.6 | 10.1 | 8.8 | 11.2 | 8.4 | 7.8 | 7.2 | 6.7 | 3.2 | 4.3 | 3.7 | 3.3 |
| SG&A Expenses | 11.9 | 11.5 | 10.7 | 10.5 | 8.6 | 9.8 | 7.6 | 7.9 | 7.2 | 6.2 | 6.3 | 4.8 | 5.1 | 5.3 | 5.3 | 4.6 | 4.9 | 4.6 | 3.8 | 3.2 | 3.2 | 2.9 | 2.4 | 1.5 | 0.8 | 0.5 | 0.7 | 0.5 |
| Other Expenses | 0 | 0 | (0.0) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0.2 | 0 | 0 | (0.2) | (0.1) | (0.2) | (0.0) | (0.1) | 0 | (0.1) | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Operating Expenses | 115.8 | 75.9 | 122.0 | 151.9 | 53.4 | 57.3 | 41.2 | 39.3 | 42.1 | 28.5 | 25.4 | 27.0 | 24.7 | 25.1 | 26.2 | 28.2 | 20.6 | 14.7 | 12.5 | 14.4 | 11.7 | 10.7 | 9.6 | 8.2 | 4.0 | 4.8 | 4.4 | 3.8 |
| Operating Income | ||||||||||||||||||||||||||||
| Operating Income | (115.8) | (75.9) | (122.0) | (151.9) | (53.4) | (57.3) | (41.2) | (39.3) | (42.1) | 28.5 | 25.4 | (27.0) | (24.7) | (25.1) | (26.2) | (28.2) | (20.6) | (14.7) | (12.5) | (14.4) | (11.7) | (10.7) | (9.6) | (8.2) | (4.0) | (4.8) | (4.4) | (3.8) |
| Interest Expense | 1.1 | 1.3 | 1.2 | 2.4 | 0.9 | 0.9 | 0.9 | 1.0 | 0.9 | 2.1 | 0 | 0.5 | 0.4 | 0.5 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Income | 6.2 | 6.0 | 5.1 | 5.4 | 6.5 | 6.6 | 5.7 | 5.6 | 4.6 | 1.8 | 0 | 0.8 | 0.1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profitability | ||||||||||||||||||||||||||||
| EBITDA | (109.6) | (75.9) | (116.9) | (146.5) | (47.0) | (50.7) | (35.5) | (33.8) | (37.4) | (26.7) | (24.5) | (26.7) | (24.7) | (25.1) | (26.2) | (28.2) | (20.5) | (14.7) | (12.5) | (14.4) | (11.7) | (10.7) | (9.6) | (8.2) | (4.0) | (4.8) | (4.4) | (3.8) |
| EBIT | (109.6) | (72.4) | (116.9) | (146.5) | (47.0) | (50.7) | (35.5) | (33.8) | (37.5) | (26.8) | (24.6) | (26.8) | (24.6) | (25.1) | (26.2) | (28.2) | (20.6) | (14.7) | (12.5) | (14.4) | (11.7) | (10.7) | (9.6) | (8.2) | (4.0) | (4.8) | (4.4) | (3.8) |
| Income Before Tax | (110.8) | (71.1) | (118.1) | (148.9) | (47.8) | (51.6) | (36.4) | (34.7) | (38.4) | (28.8) | (24.6) | (26.8) | (25.1) | (25.6) | (26.4) | (28.3) | (20.7) | (14.8) | (12.7) | (14.6) | (11.8) | (10.5) | (19.2) | (18.7) | (15.0) | (4.4) | (4.6) | (4.2) |
| Income Tax Expense | 0.8 | 0.1 | 0.3 | 0.2 | 0.1 | 0.1 | 3.9 | 0 | 0 | 0 | 0.0 | 0.0 | 0 | 0.0 | (0.1) | 0 | 0 | 0 | (0.1) | 0.0 | 0 | (0.0) | 0.1 | 0.1 | 0.0 | 0.0 | 0.0 | (0.0) |
| Net Income | (111.5) | (71.3) | (118.4) | (149.1) | (48.0) | (51.7) | (40.2) | (34.7) | (38.4) | (84.1) | (24.6) | (26.8) | (25.4) | (25.6) | (26.3) | (28.3) | (20.7) | (14.8) | (12.6) | (14.6) | (11.8) | (10.5) | (19.3) | (18.7) | (15.0) | (4.4) | (4.6) | (4.2) |
| Per Share Data | ||||||||||||||||||||||||||||
| EPS (Basic) | -0.71 | -0.49 | -1.02 | -1.39 | -0.48 | -0.54 | -0.50 | -0.45 | -0.52 | -1.58 | -0.48 | -0.57 | -1.25 | -1.26 | -1.30 | -1.41 | -1.03 | -0.74 | -0.63 | -0.87 | -0.85 | -0.76 | -2.58 | -3.10 | -3.27 | -0.97 | -1.01 | -0.91 |
| EPS (Diluted) | -0.71 | -0.49 | -1.02 | -1.39 | -0.48 | -0.54 | -0.50 | -0.45 | -0.52 | -1.58 | -0.48 | -0.57 | -1.25 | -1.26 | -1.30 | -1.41 | -1.03 | -0.74 | -0.63 | -0.87 | -0.85 | -0.76 | -2.58 | -3.10 | -3.27 | -0.97 | -1.01 | -0.91 |
| Shares Outstanding | 157.9 | 116.0 | 116.0 | 107.1 | 99.8 | 95.8 | 80.7 | 76.3 | 74.1 | 53.2 | 50.8 | 47.3 | 20.4 | 20.3 | 20.3 | 20.1 | 20.1 | 20.0 | 19.9 | 16.9 | 13.8 | 13.8 | 7.5 | 6.0 | 4.6 | 4.6 | 4.6 | 4.6 |
| Metric | 2025 Q2 | 2025 Q1 | 2024 Q4 | 2024 Q3 | 2024 Q2 | 2024 Q1 | 2023 Q4 | 2023 Q3 | 2023 Q2 | 2023 Q1 | 2022 Q4 | 2022 Q3 | 2022 Q2 | 2022 Q1 | 2021 Q4 | 2021 Q3 | 2021 Q2 | 2021 Q1 | 2020 Q4 | 2020 Q3 | 2020 Q2 | 2020 Q1 | 2019 Q4 | 2019 Q3 | 2019 Q2 | 2019 Q1 | 2018 Q4 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Assets | |||||||||||||||||||||||||||
| Cash & Cash Equivalents | 129.1 | 315.4 | 126.1 | 91.4 | 212.2 | 217.6 | 316.2 | 251.9 | 245.4 | 350.9 | 55.3 | 72.4 | 60.6 | 54.9 | 52.4 | 39.7 | 35.7 | 68.0 | 98.2 | 141.6 | 68.2 | 85.5 | 93.4 | 16.2 | 21.9 | (11.2) | 11.2 |
| Short-Term Investments | 432.1 | 323.4 | 313.9 | 332.4 | 319.2 | 344.7 | 262.7 | 196.4 | 232.6 | 130.0 | 132.9 | 120.9 | 78.7 | 71.2 | 98.3 | 117.6 | 135.2 | 121.6 | 106.4 | 77.6 | 5.7 | 0 | 0 | 0 | 0 | 22.5 | 0 |
| Net Receivables | 0 | 0 | 0 | 0 | 19.4 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Inventory | 0 | 0 | 0 | 0 | (19.4) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Assets | 0 | 0 | 0 | 0.5 | 19.4 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 7.2 | 9.3 | 0 | 0 | 0.0 | 0 | 0 | 0.0 | 0.0 | 0.0 | 0 | 0.0 | 0.1 | 0 | 0.0 |
| Total Current Assets | 601.5 | 682.9 | 476.4 | 456.2 | 579.9 | 574.8 | 593.5 | 459.5 | 491.9 | 493.6 | 196.1 | 199.9 | 146.6 | 135.4 | 162.0 | 157.4 | 180.6 | 197.9 | 210.2 | 222.5 | 75.3 | 87.4 | 95.3 | 16.6 | 22.0 | 11.2 | 11.3 |
| Non-Current Assets | |||||||||||||||||||||||||||
| Property, Plant & Equipment | 1.3 | 1.5 | 1.6 | 1.8 | 2.0 | 2.2 | 2.3 | 0.3 | 0.3 | 0.4 | 0.5 | 0.5 | 0.2 | 0.1 | 0.1 | 0.1 | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 | 0.0 | 0.0 | 0 | 0.0 |
| Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 0.6 | 0.6 | 0.6 | 0.3 | 0.3 | 0.4 | 0.4 | 0.3 | 0.3 | 0.3 | 0.3 | 0.2 | 0.8 | 0.2 | 0.3 | 10.6 | 1.0 | 0.6 | 0.7 | 0.7 | 1.1 | 0.1 | 0.1 | 1.6 | 0.2 | (11.2) | 0 |
| Total Non-Current Assets | 2.0 | 2.1 | 2.2 | 2.1 | 2.3 | 2.5 | 2.7 | 0.6 | 0.6 | 0.7 | 0.7 | 0.7 | 1.0 | 0.4 | 0.4 | 10.7 | 1.1 | 0.7 | 0.9 | 0.9 | 1.3 | 0.3 | 0.2 | 1.8 | 0.3 | (11.2) | 0.1 |
| Total Assets | 603.5 | 685.0 | 478.7 | 458.3 | 582.1 | 577.3 | 596.3 | 460.1 | 492.5 | 494.3 | 196.8 | 200.6 | 147.6 | 135.8 | 162.4 | 168.1 | 181.7 | 198.7 | 211.1 | 223.4 | 76.6 | 87.7 | 95.6 | 18.4 | 22.3 | 0 | 11.4 |
| Current Liabilities | |||||||||||||||||||||||||||
| Account Payables | 14.7 | 14.8 | 15.4 | 19.5 | 17.5 | 15.4 | 8.6 | 10.9 | 10.7 | 16.7 | 12.5 | 14.2 | 4.9 | 4.4 | 6.8 | 12.5 | 1.9 | 4.5 | 2.1 | 4.1 | 3.1 | 4.1 | 1.0 | 3.6 | 1.0 | 0 | 1.5 |
| Short-Term Debt | 0 | 0 | 0 | 0 | 4.8 | 1.9 | 0 | 0 | 0 | 0 | 0 | 6.7 | 7.5 | 5 | 2.5 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Revenue | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Liabilities | 5.0 | 3.5 | 6.9 | 5.3 | 3.8 | 2.6 | 6.2 | 3.9 | 2.8 | 1.8 | 4.2 | 2.8 | 2.2 | 1.6 | 3.2 | 2.4 | 1.6 | 1.1 | 2.6 | 1.7 | 1.1 | 0.7 | 1.4 | 18.2 | 6.6 | 0 | 2.0 |
| Total Current Liabilities | 39.6 | 37.9 | 36.1 | 39.1 | 41.7 | 38.2 | 29.6 | 25.2 | 25.9 | 24.0 | 24.6 | 34.4 | 26.9 | 18.4 | 19.5 | 19.8 | 7.6 | 8.5 | 8.1 | 9.4 | 6.8 | 7.8 | 5.6 | 22.6 | 9.5 | 0 | 4.4 |
| Non-Current Liabilities | |||||||||||||||||||||||||||
| Long-Term Debt | 36.2 | 35.9 | 35.7 | 35.5 | 20.4 | 23.1 | 24.8 | 24.6 | 24.5 | 24.3 | 20.2 | 13.0 | 12.1 | 14.5 | 16.9 | 1.4 | 1.4 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Tax Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 5.3 | 4.9 | 4.9 | 4.2 | 3.8 | 3.8 | 3.7 | 0 | 0 | 0 | 0 | 0.4 | 28.5 | 0.2 | 0.0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | (8.7) | 0 |
| Total Non-Current Liabilities | 42.1 | 41.7 | 41.8 | 41.1 | 25.6 | 28.5 | 30.4 | 24.7 | 24.6 | 24.5 | 20.4 | 13.6 | 40.5 | 14.6 | 16.9 | 1.4 | 1.4 | 0 | 0 | 0 | 0 | 0 | 0 | 49.7 | 48.2 | (8.7) | 23.1 |
| Total Liabilities | 81.8 | 79.6 | 77.9 | 80.2 | 67.2 | 66.8 | 60.0 | 49.9 | 50.5 | 48.5 | 45.0 | 48.0 | 67.4 | 33.0 | 36.5 | 21.3 | 9.0 | 8.5 | 8.1 | 9.4 | 6.8 | 7.8 | 5.6 | 72.3 | 9.5 | (8.7) | 27.4 |
| Stockholders' Equity | |||||||||||||||||||||||||||
| Common Stock | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0 | 0.0 |
| Retained Earnings | (1,007.3) | (895.8) | (824.5) | (706.2) | (557.1) | (509.1) | (457.4) | (417.2) | (382.5) | (344.1) | (315.2) | (290.6) | (263.8) | (238.8) | (213.2) | (186.9) | (158.6) | (137.9) | (123.1) | (110.5) | (95.9) | (84.1) | (73.6) | (54.3) | (35.6) | 0 | (16.2) |
| Accumulated Other Comprehensive Income | 0.1 | 0.4 | 0.6 | 1.3 | (0.7) | (0.5) | 0.2 | (0.5) | (0.6) | (0.2) | (0.3) | (0.4) | (0.3) | (0.3) | (0.1) | 0.0 | 0.0 | (0.0) | (0.0) | (0.0) | 0 | 0 | (95.6) | (16.0) | (54.1) | (16.1) | (0.0) |
| Total Stockholders' Equity | 521.7 | 605.5 | 400.8 | 378.1 | 514.9 | 510.5 | 536.3 | 410.2 | 442.0 | 445.8 | 151.8 | 152.6 | 80.2 | 102.7 | 126.0 | 146.8 | 172.7 | 190.2 | 203.0 | 214.0 | 69.8 | 79.9 | 89.9 | (54.0) | 12.8 | 8.7 | (16.1) |
| Total Liabilities & Equity | 603.5 | 685.0 | 478.7 | 458.3 | 582.1 | 577.3 | 596.3 | 460.1 | 492.5 | 494.3 | 196.8 | 200.6 | 147.6 | 135.8 | 162.4 | 168.1 | 181.7 | 198.7 | 211.1 | 223.4 | 76.6 | 87.7 | 95.6 | 18.4 | 22.3 | 8.7 | 11.4 |
| Debt Metrics | |||||||||||||||||||||||||||
| Total Debt | 37.6 | 37.6 | 37.5 | 37.6 | 27.3 | 27.3 | 27.1 | 24.9 | 24.8 | 24.6 | 20.5 | 20.2 | 19.7 | 19.5 | 19.4 | 1.4 | 1.4 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 54.1 | 0 | 24.7 |
| Net Debt | (91.5) | (277.8) | (88.5) | (53.8) | (184.9) | (190.3) | (289.1) | (227.1) | (220.7) | (326.3) | (34.7) | (52.2) | (41.0) | (35.4) | (33.0) | (38.3) | (34.3) | (68.0) | (98.2) | (141.6) | (68.2) | (85.5) | (93.4) | (16.2) | 32.2 | 11.2 | 13.5 |
| Metric | 2025 Q2 | 2025 Q1 | 2024 Q4 | 2024 Q3 | 2024 Q2 | 2024 Q1 | 2023 Q4 | 2023 Q3 | 2023 Q2 | 2023 Q1 | 2022 Q4 | 2022 Q3 | 2022 Q2 | 2022 Q1 | 2021 Q4 | 2021 Q3 | 2021 Q2 | 2021 Q1 | 2020 Q4 | 2020 Q3 | 2020 Q2 | 2020 Q1 | 2019 Q4 | 2019 Q3 | 2019 Q2 | 2019 Q1 | 2018 Q4 | 2018 Q3 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||||||||||||||||
| Net Income | (111.5) | (71.3) | (118.4) | (149.1) | (48.0) | (51.7) | (40.2) | (34.7) | (38.4) | (28.8) | (24.6) | (26.8) | (25.1) | (25.6) | (26.3) | (28.3) | (20.7) | (14.8) | (12.6) | (14.6) | (11.8) | (10.5) | (19.3) | (18.7) | (15.0) | (4.4) | (4.6) | (4.2) |
| Depreciation & Amortization | 0.8 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Stock-Based Compensation | 7.3 | 7.2 | 5.2 | 5.3 | 5.2 | 5.0 | 4.0 | 4.4 | 4.1 | 3.6 | 2.8 | 2.5 | 2.6 | 2.5 | 2.2 | 2.3 | 2.4 | 1.8 | 1.2 | 1.2 | 0.9 | 0.5 | 0.2 | 0.1 | 0.1 | 0.0 | 0.1 | 0 |
| Change in Working Capital | 5.9 | (6.2) | (6.9) | (0.8) | (16.2) | 9.4 | 3.4 | 1.8 | 0.7 | (5.2) | (4.7) | 9.5 | 7.3 | (1.6) | (4.4) | 12.1 | (2.2) | (2.3) | (2.9) | 0.3 | (0.8) | 2.3 | (1.7) | 1.9 | 0.0 | 0.7 | 1.0 | 0.1 |
| Other Non-Cash Items | (2.9) | (1.5) | (1.5) | (0.7) | (2.1) | (2.5) | (1.7) | 0.3 | 0.3 | 0.4 | (0.6) | (0.1) | 0.3 | 0.3 | 0.4 | 0.2 | 0.1 | 0.1 | 0.3 | 0.1 | 0.1 | 3.1 | 9.6 | 10.5 | 10.9 | (0.4) | 0.2 | 1.5 |
| Operating Cash Flow | (100.4) | (71.7) | (121.6) | (145.4) | (61.2) | (39.7) | (34.3) | (30.4) | (34.4) | (30.1) | (27.1) | (14.8) | (14.8) | (24.3) | (28.2) | (13.4) | (20.1) | (15.0) | (14.0) | (12.9) | (11.5) | (7.8) | (11.1) | (6.2) | (4.0) | (4.2) | (3.3) | (2.5) |
| Investing Activities | ||||||||||||||||||||||||||||
| Capital Expenditure | 0 | (0.1) | (0.0) | 0 | 0 | 0 | (0.0) | 0 | 0 | 0 | (0.0) | 0 | 0.0 | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.1) | (0.1) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) |
| Acquisitions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0.0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | (5.7) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Purchases of Investments | (225.6) | (105.1) | (63.0) | (90.8) | (78.1) | (152.0) | (124.3) | (36.2) | (146.8) | (33.8) | (42.6) | (69.4) | (31.3) | (9.4) | (21.7) | (26.3) | (47.9) | (45.3) | (40.2) | (73.0) | (5.7) | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Sales/Maturities of Investments | 114.8 | 97.3 | 82.8 | 74.3 | 106.0 | 72.1 | 60.7 | 74.5 | 45 | 37.9 | 31.5 | 27.3 | 23.7 | 36.2 | 40.8 | 43.7 | 34.1 | 29.9 | 11.2 | 1.0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Investing Activities | 4.2 | 0 | (0.0) | 7.9 | 0 | 0 | 0 | 0 | (0.1) | 0.0 | (0.0) | (0.0) | (0.0) | 26.8 | 19.1 | 17.4 | (13.9) | (15.4) | 5.7 | (72.0) | (5.7) | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investing Cash Flow | (106.6) | (7.8) | 19.8 | (8.6) | 27.8 | (79.9) | (63.6) | 38.3 | (101.8) | 4.1 | (11.1) | (42.1) | (7.6) | 26.8 | 19.1 | 17.4 | (13.9) | (15.4) | (29.0) | (72.0) | (5.7) | (0.1) | (0.1) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) |
| Financing Activities | ||||||||||||||||||||||||||||
| Net Debt Issuance | 0 | 0 | (9.3) | 9.3 | 0 | 0 | 0 | 0 | 0 | 3.0 | 0 | 0 | 0 | 0 | 18.5 | (0.0) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Stock Repurchased | 0 | 0 | 0.4 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | (0.0) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | (0.0) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Financing Activities | (0.3) | (1.0) | 9.4 | 23.9 | 27.9 | (0.0) | (0.5) | (1.0) | 6.6 | 8.5 | 0.9 | 0.2 | (0.0) | 0 | 0.1 | 0.1 | 1.7 | 0.2 | 0.3 | 0.0 | (0.1) | 0 | 0.7 | (0.7) | 18.8 | 0 | 0 | (0.0) |
| Financing Cash Flow | 20.7 | 268.9 | 136.4 | 33.2 | 28.0 | 21.0 | 162.2 | (1.5) | 30.8 | 321.7 | 21.0 | 68.6 | 28.2 | 0.0 | 21.9 | 0.1 | 1.7 | 0.2 | (0.3) | 158.3 | (0.1) | 0.0 | 88.4 | 0.5 | 18.8 | 0 | 9 | (0.0) |
| Cash Position | ||||||||||||||||||||||||||||
| Net Change in Cash | (186.3) | 189.3 | 34.6 | (120.8) | (5.4) | (98.6) | 64.2 | 6.5 | (105.5) | 295.7 | (17.1) | 11.8 | 5.7 | 2.5 | 12.7 | 4.0 | (32.3) | (30.2) | (43.4) | 73.4 | (17.3) | (7.8) | 77.1 | (5.7) | 14.9 | (4.2) | 5.7 | (2.5) |
| Cash at Beginning | 315.4 | 126.1 | 91.4 | 212.2 | 217.6 | 316.2 | 251.9 | 245.4 | 350.9 | 55.3 | 72.4 | 60.6 | 54.9 | 52.5 | 39.7 | 35.7 | 68.0 | 98.2 | 141.6 | 68.2 | 85.6 | 93.4 | 16.2 | 21.9 | 7.1 | 11.3 | 5.6 | 8.1 |
| Cash at End | 129.1 | 315.4 | 126.1 | 91.4 | 212.2 | 217.6 | 316.2 | 251.9 | 245.4 | 350.9 | 55.3 | 72.4 | 60.6 | 54.9 | 52.5 | 39.7 | 35.7 | 68.0 | 98.2 | 141.6 | 68.2 | 85.6 | 93.4 | 16.2 | 21.9 | 7.1 | 11.3 | 5.6 |
| Free Cash Flow | (100.4) | (71.8) | (121.6) | (145.4) | (61.2) | (39.7) | (34.3) | (30.4) | (34.4) | (30.1) | (27.1) | (14.8) | (14.8) | (24.4) | (28.3) | (13.5) | (20.1) | (15.0) | (14.0) | (13.0) | (11.6) | (7.8) | (11.2) | (6.2) | (4.0) | (4.2) | (3.3) | (2.5) |
| Key Metrics | 2025 Q2 | 2025 Q1 | 2024 Q4 | 2024 Q3 | 2024 Q2 | 2024 Q1 | 2023 Q4 | 2023 Q3 | 2023 Q2 | 2023 Q1 | 2022 Q4 | 2022 Q3 | 2022 Q2 | 2022 Q1 | 2021 Q4 | 2021 Q3 | 2021 Q2 | 2021 Q1 | 2020 Q4 | 2020 Q3 | 2020 Q2 | 2020 Q1 | 2019 Q4 | 2019 Q3 | 2019 Q2 | 2019 Q1 | 2018 Q4 | 2018 Q3 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income Statement | ||||||||||||||||||||||||||||
| Revenue | 0 | 0 | 0.0 | 0 | 0 | 0 | 0.2 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Gross Profit | (0.0) | (0.0) | 0 | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.1) | (0.1) | (0.1) | (0.1) | (0.1) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Operating Income | (115.8) | (75.9) | (122.0) | (151.9) | (53.4) | (57.3) | (41.2) | (39.3) | (42.1) | 28.5 | 25.4 | (27.0) | (24.7) | (25.1) | (26.2) | (28.2) | (20.6) | (14.7) | (12.5) | (14.4) | (11.7) | (10.7) | (9.6) | (8.2) | (4.0) | (4.8) | (4.4) | (3.8) |
| Net Income | (111.5) | (71.3) | (118.4) | (149.1) | (48.0) | (51.7) | (40.2) | (34.7) | (38.4) | (84.1) | (24.6) | (26.8) | (25.4) | (25.6) | (26.3) | (28.3) | (20.7) | (14.8) | (12.6) | (14.6) | (11.8) | (10.5) | (19.3) | (18.7) | (15.0) | (4.4) | (4.6) | (4.2) |
| EPS (Diluted) | -0.71 | -0.49 | -1.02 | -1.39 | -0.48 | -0.54 | -0.50 | -0.45 | -0.52 | -1.58 | -0.48 | -0.57 | -1.25 | -1.26 | -1.30 | -1.41 | -1.03 | -0.74 | -0.63 | -0.87 | -0.85 | -0.76 | -2.58 | -3.10 | -3.27 | -0.97 | -1.01 | -0.91 |
| Balance Sheet | ||||||||||||||||||||||||||||
| Cash & Equivalents | 129.1 | 315.4 | 126.1 | 91.4 | 212.2 | 217.6 | 316.2 | 251.9 | 245.4 | 350.9 | 55.3 | 72.4 | 60.6 | 54.9 | 52.4 | 39.7 | 35.7 | 68.0 | 98.2 | 141.6 | 68.2 | 85.5 | 93.4 | 16.2 | 21.9 | (11.2) | 11.2 | |
| Total Assets | 603.5 | 685.0 | 478.7 | 458.3 | 582.1 | 577.3 | 596.3 | 460.1 | 492.5 | 494.3 | 196.8 | 200.6 | 147.6 | 135.8 | 162.4 | 168.1 | 181.7 | 198.7 | 211.1 | 223.4 | 76.6 | 87.7 | 95.6 | 18.4 | 22.3 | 0 | 11.4 | |
| Total Debt | 37.6 | 37.6 | 37.5 | 37.6 | 27.3 | 27.3 | 27.1 | 24.9 | 24.8 | 24.6 | 20.5 | 20.2 | 19.7 | 19.5 | 19.4 | 1.4 | 1.4 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 54.1 | 0 | 24.7 | |
| Stockholders' Equity | 521.7 | 605.5 | 400.8 | 378.1 | 514.9 | 510.5 | 536.3 | 410.2 | 442.0 | 445.8 | 151.8 | 152.6 | 80.2 | 102.7 | 126.0 | 146.8 | 172.7 | 190.2 | 203.0 | 214.0 | 69.8 | 79.9 | 89.9 | (54.0) | 12.8 | 8.7 | (16.1) | |
| Cash Flow | ||||||||||||||||||||||||||||
| Operating Cash Flow | (100.4) | (71.7) | (121.6) | (145.4) | (61.2) | (39.7) | (34.3) | (30.4) | (34.4) | (30.1) | (27.1) | (14.8) | (14.8) | (24.3) | (28.2) | (13.4) | (20.1) | (15.0) | (14.0) | (12.9) | (11.5) | (7.8) | (11.1) | (6.2) | (4.0) | (4.2) | (3.3) | (2.5) |
| Capital Expenditure | 0 | (0.1) | (0.0) | 0 | 0 | 0 | (0.0) | 0 | 0 | 0 | (0.0) | 0 | 0.0 | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.1) | (0.1) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) |
| Free Cash Flow | (100.4) | (71.8) | (121.6) | (145.4) | (61.2) | (39.7) | (34.3) | (30.4) | (34.4) | (30.1) | (27.1) | (14.8) | (14.8) | (24.4) | (28.3) | (13.5) | (20.1) | (15.0) | (14.0) | (13.0) | (11.6) | (7.8) | (11.2) | (6.2) | (4.0) | (4.2) | (3.3) | (2.5) |