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Company reports as filed with the U.S. Securities and Exchange Commission.
| Metric | 31/12/2025 | 31/12/2024 | 31/12/2023 | 31/12/2022 |
|---|---|---|---|---|
| Revenue | 66M | 33M | 36M | 47M |
| Cost of revenue | 17M | 16M | 17M | 23M |
| Gross profit | 49M | 17M | 19M | 24M |
| Research and development | 11M | 878,000 | 923,000 | 2M |
| Selling, general and administrative | 28M | 26M | 11M | 16M |
| Operating expenses | — | 34M | 31M | 48M |
| Operating income | 3M | −17M | −12M | −24M |
| Pre-tax income | — | −24M | −13M | −42M |
| Income tax | −1M | −68,000 | 648,000 | 2M |
| Net income | 3M | −29M | −39M | −203M |
| Earnings per share | — | −0.52 | −0.26 | −0.86 |
| Earnings per share, diluted | — | −0.52 | −0.26 | −0.86 |
| Weighted average shares | — | 46M | 51M | 50M |
| Weighted average shares, diluted | — | 46M | 51M | 50M |
| Metric | 19/08/2026 | 18/08/2026 | 31/12/2025 | 31/12/2024 | 30/06/2024 | 31/12/2023 | 30/06/2023 | 31/12/2022 |
|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | — | — | 30M | 20M | 4M | 14M | 98,162 | 43M |
| Short-term investments | — |
| Metric | 31/12/2025 | 31/12/2024 | 31/12/2023 | 31/12/2022 |
|---|---|---|---|---|
| Operating cash flow | −25M | −22M | −19M | 71M |
| Depreciation and amortisation | — | 4,000 | 137,000 | 319,000 |
| Share-based compensation | — | 732,000 | 1M | 4M |
Amounts in USD unless stated otherwise. Data: US exchange trading and company filings with the regulator
| — |
| — |
| 7M |
| — |
| 2M |
| — |
| — |
| Receivables | — | — | — | 10M | 271,082 | 14M | — | — |
| Current assets | — | — | 197M | 49M | 41M | 160M | — | — |
| Property, plant and equipment | — | — | 97,000 | 13,000 | — | 1,000 | — | — |
| Goodwill | — | — | 53M | 17M | — | 17M | — | — |
| Total assets | — | — | 256M | 130M | 58M | 164M | — | — |
| Current liabilities | — | — | 145M | 33M | 62M | 120M | — | — |
| Total liabilities | — | — | 146M | 100M | 62M | 122M | — | — |
| Equity | — | — | 110M | 13M | −4M | 37M | 1M | 79M |
| Shares outstanding | — | — | 474M | 48M | — | 48M | — | — |
| Treasury shares | — | — | — | 3M | — | 6M | — | — |
| Capital expenditure | 92,000 | 16,000 | 83,000 | 126,000 |
| Investing cash flow | 11M | −1M | −987,000 | −4M |
| Share buybacks | — | — | 214,000 | 8M |
| Financing cash flow | 37M | −37M | −6M | −37M |