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Company reports as filed with the U.S. Securities and Exchange Commission.
| Metric | 31/03/2026 | 30/09/2025 | 30/06/2025 | 31/03/2025 | 30/09/2024 | 30/06/2024 |
|---|---|---|---|---|---|---|
| Revenue | 6M | 4M | 6M | 3M | 2M | 2M |
| Cost of revenue | 4M | 3M | 8M | 3M | 3M | 3M |
| Gross profit | 2M | 430,000 | −3M | 310,000 | −721,000 | −848,000 |
| Research and development | 23M | 22M | 23M | 22M | 27M | 26M |
| Selling, general and administrative | 12M | 10M | 8M | 7M | 8M | 9M |
| Operating expenses | 37M | 34M | 32M | 31M | 37M | 48M |
| Operating income | −35M | −33M | −35M | −30M | −38M | −49M |
| Interest expense | 1M | — | — | 0 | — | — |
| Pre-tax income | −35M | 108M | −193M | −35M | −37M | −43M |
| Income tax | 32,000 | 66,000 | 70,000 | 57,000 | 22,000 | 123,000 |
| Net income | −35M | 107M | −193M | −35M | −37M | −43M |
| Earnings per share | −0.56 | 1.86 | −3.49 | −0.64 | −0.70 | −0.82 |
| Earnings per share, diluted | −0.56 | −0.52 | −3.49 | −0.64 | −0.70 | −0.82 |
| Weighted average shares | 63M | 58M | 55M | 55M | 54M | 53M |
| Weighted average shares, diluted | 63M | 61M | 55M | 55M | 54M | 53M |
| Metric | 31/03/2026 | 31/12/2025 | 30/09/2025 | 30/06/2025 | 31/03/2025 | 31/12/2024 | 30/09/2024 | 30/06/2024 |
|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | 31M | 72M | 46M | 22M | 21M | 29M | 30M | 30M |
| Short-term investments | 68M | 50M | 3M |
| Metric | 31/03/2026 | 31/03/2025 |
|---|---|---|
| Operating cash flow | −26M | −31M |
| Depreciation and amortisation | 1M | 1M |
| Share-based compensation | 9M | 5M |
| Capital expenditure | 2M | 459,000 |
| Investing cash flow | −20M | 23M |
| Financing cash flow | 5M |
Amounts in USD unless stated otherwise. Data: US exchange trading and company filings with the regulator
| 28M |
| 60M |
| 83M |
| 104M |
| 137M |
| Receivables | 3M | 3M | 2M | 4M | 775,000 | 1M | 575,000 | 844,000 |
| Inventory | 6M | 6M | 5M | 4M | 4M | 2M | 2M | 3M |
| Current assets | 122M | 154M | 66M | 68M | 92M | 123M | 145M | 172M |
| Property, plant and equipment | 13M | 13M | 12M | 13M | 12M | 10M | 11M | 12M |
| Total assets | 147M | 180M | 93M | 91M | 115M | 147M | 169M | 198M |
| Current liabilities | 30M | 36M | 21M | 106M | 32M | 39M | 34M | 33M |
| Total liabilities | 160M | 166M | 60M | 209M | 46M | 48M | 40M | 38M |
| Equity | −12M | 13M | 33M | −118M | 69M | 99M | 129M | 160M |
| Shares outstanding | 63M | 62M | 60M | 55M | 55M | 54M | 54M | 53M |
| Shares issued | 63M | 62M | 60M | 55M | 55M | 54M | 54M | 53M |
| −183,000 |