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Company reports as filed with the U.S. Securities and Exchange Commission.
| Metric | 31 Dec 2025 | 31 Dec 2024 |
|---|---|---|
| Revenue | 322M | 97M |
| Cost of revenue | 125M | 44M |
| Research and development | 16M | 13M |
| Selling, general and administrative | 38M | 22M |
| Operating expenses | 486M | 183M |
| Operating income | −164M | −87M |
| Pre-tax income | −170M | −85M |
| Income tax | — | 4M |
| Net income | −170M | −88M |
| Earnings per share | −1.10 | −0.64 |
| Earnings per share, diluted | −1.10 | −0.64 |
| Weighted average shares | 155M | 138M |
| Weighted average shares, diluted | 155M | 138M |
| Metric | 31 Mar 2026 | 31 Dec 2025 | 30 Sept 2025 | 30 Jun 2025 | 31 Mar 2025 | 31 Dec 2024 | 30 Sept 2024 | 30 Jun 2024 |
|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | 39M | 44M | 63M | 328,610 | 354,346 | 7M | 11M | 490,693 |
| Receivables | 31M | 51M | 25M |
| Metric | 31 Dec 2025 | 31 Dec 2024 |
|---|---|---|
| Operating cash flow | −83M | −51M |
| Depreciation and amortisation | 14M | 8M |
| Share-based compensation | 10M | 4M |
| Investing cash flow | −56M | −13M |
| Share buybacks | 437,791 | 706,645 |
| Financing cash flow | 176M |
Amounts in USD unless stated otherwise. Data: US exchange trading and company filings with the regulator
| — |
| — |
| 16M |
| — |
| — |
| Inventory | 1M | 1M | 2M | — | — | 2M | — | — |
| Current assets | 112M | 135M | 123M | 412,134 | 594,013 | 53M | 648,979 | 621,413 |
| Property, plant and equipment | 581,186 | 709,845 | 727,915 | — | — | 778,927 | — | — |
| Total assets | 213M | 241M | 197M | 850,300 | 1M | 111M | 14M | 13M |
| Current liabilities | 188M | 219M | 113M | 5M | 5M | 80M | 4M | 4M |
| Total liabilities | 255M | 267M | 160M | 11M | 9M | 95M | 6M | 4M |
| Equity | −41M | −26M | 37M | 8M | −9M | 17M | 22M | 12M |
| Shares outstanding | 170M | 169M | 169M | — | — | 144M | — | — |
| Shares issued | 170M | 169M | 169M | — | — | 144M | — | — |
| 46M |