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Company reports as filed with the U.S. Securities and Exchange Commission.
| Metric | 31 Dec 2025 | 31 Dec 2024 |
|---|---|---|
| Revenue | 3M | 0 |
| Cost of revenue | 17M | 0 |
| Research and development | 745M | 676M |
| Selling, general and administrative | 142M | 110M |
| Operating expenses | — | 786M |
| Operating income | −901M | −786M |
| Pre-tax income | −816M | −748M |
| Income tax | 0 | 0 |
| Net income | −816M | −748M |
| Earnings per share | −0.44 | −0.46 |
| Earnings per share, diluted | −0.44 | −0.46 |
| Weighted average shares | 1.84B | 1.62B |
| Weighted average shares, diluted | 1.84B | 1.62B |
| 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 | 273M | 221M | 87M | 206M | 170M | 211M | 279M | 419M |
| Current assets | 1.27B | 1.32B | 1.28B |
| Metric | 31 Dec 2025 | 31 Dec 2024 |
|---|---|---|
| Operating cash flow | −581M | −611M |
| Depreciation and amortisation | 30M | 21M |
| Share-based compensation | 188M | 144M |
| Capital expenditure | 31M | 34M |
| Investing cash flow | −245M | −172M |
| Financing cash flow | 834M |
Amounts in USD unless stated otherwise. Data: US exchange trading and company filings with the regulator
| 1.34B |
| 1.19B |
| 1.25B |
| 1.28B |
| 1.04B |
| Property, plant and equipment | 115M | 103M | 106M | 106M | 105M | 104M | 102M | 100M |
| Total assets | 2.19B | 2.34B | 2.51B | 2.21B | 2.07B | 2.14B | 2.27B | 1.91B |
| Current liabilities | 134M | 111M | 84M | 79M | 125M | 105M | 93M | 81M |
| Total liabilities | 221M | 203M | 219M | 223M | 286M | 263M | 247M | 197M |
| Equity | 1.96B | 2.14B | 2.29B | 1.99B | 1.79B | 1.88B | 2.02B | 1.72B |
| Shares outstanding | 1.96B | 1.94B | 1.93B | 1.84B | 1.76B | 1.73B | 1.71B | 1.56B |
| Shares issued | 1.96B | 1.94B | 1.93B | 1.84B | 1.76B | 1.73B | 1.71B | 1.56B |
| 492M |