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Company reports as filed with the U.S. Securities and Exchange Commission.
| Metric | 31 Dec 2025 | 31 Dec 2024 | 31 Dec 2023 | 31 Dec 2022 |
|---|---|---|---|---|
| Revenue | 720M | 364M | 267M | 51M |
| Cost of revenue | 95M | 44M | 44M | 12M |
| Gross profit | 625M | 319M | 222M | 39M |
| Research and development | 304M | 307M | 413M | 380M |
| Selling, general and administrative | 458M | 291M | 264M | 221M |
| Operating income | −136M | −279M | −456M | −562M |
| Pre-tax income | −213M | −373M | −474M | −578M |
| Income tax | 15M | 5M | 7M | 5M |
| Net income | −228M | −378M | −481M | −583M |
| Earnings per share | −3.76 | −6.53 | −8.55 | −10.40 |
| Earnings per share, diluted | −3.76 | −6.53 | −8.55 | −10.40 |
| Weighted average shares | — | 58M | 56M | 56M |
| Metric | 18 Aug 2026 | 31 Dec 2025 | 31 Dec 2024 | 31 Dec 2023 | 31 Dec 2022 | 31 Dec 2021 |
|---|---|---|---|---|---|---|
| Cash and equivalents | — | 616M | 560M | 392M | 445M | 446M |
| Receivables | — | 141M | 166M | 36M | 12M | — |
| Metric | 31 Dec 2025 | 31 Dec 2024 | 31 Dec 2023 | 31 Dec 2022 |
|---|---|---|---|---|
| Operating cash flow | 54M | −306M | −467M | −496M |
| Share-based compensation | 116M | 96M | 67M | 64M |
| Investing cash flow | −8M | 7M | 286M | 62M |
| Financing cash flow |
Amounts in USD unless stated otherwise. Data: US exchange trading and company filings with the regulator
| Inventory | — | 302M | 296M | 209M | 131M | — |
| Current assets | — | 1.11B | 1.06B | 703M | 923M | — |
| Property, plant and equipment | — | 146M | 99M | 111M | 129M | — |
| Total assets | — | 1.30B | 1.18B | 826M | 1.09B | — |
| Current liabilities | — | 1.07B | 908M | 737M | 717M | — |
| Short-term debt | — | 429M | 458M | 407M | 399M | — |
| Long-term debt | — | 385M | 365M | 223M | 95M | — |
| Total liabilities | — | 1.47B | 1.29B | 971M | 826M | — |
| Equity | — | −163M | −106M | −146M | 263M | 884M |
| 36M |
| 444M |
| 134M |
| 397M |