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Company reports as filed with the U.S. Securities and Exchange Commission.
| Metric | 31 Dec 2025 | 31 Dec 2024 |
|---|---|---|
| Revenue | 88M | 99M |
| Cost of revenue | 77M | 76M |
| Gross profit | 11M | 24M |
| Research and development | 9M | 15M |
| Selling, general and administrative | 24M | 24M |
| Operating expenses | 33M | 39M |
| Operating income | −22M | −15M |
| Pre-tax income | −22M | −11M |
| Income tax | 2M | 1M |
| Net income | −21M | −12M |
| Earnings per share | −0.49 | −0.27 |
| Earnings per share, diluted | −0.49 | −0.27 |
| Weighted average shares | 44M | 43M |
| Weighted average shares, diluted | 44M | 43M |
| 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 | 42M | 120M | 23M | 27M | 32M | 23M | 25M | 28M |
| Short-term investments | 65M | 0 |
| Metric | 31 Dec 2025 | 31 Dec 2024 |
|---|---|---|
| Operating cash flow | −13M | −12M |
| Depreciation and amortisation | 9M | 9M |
| Share-based compensation | 3M | 3M |
| Capital expenditure | 6M | 6M |
| Investing cash flow | −7M | −4M |
| Financing cash flow | 107M |
Amounts in USD unless stated otherwise. Data: US exchange trading and company filings with the regulator
| — |
| — |
| — |
| — |
| 2M |
| Receivables | 32M | 27M | 34M | 23M | 23M | 26M | 28M | 27M |
| Inventory | 90M | 82M | 78M | 80M | 80M | 85M | 86M | 86M |
| Current assets | 254M | 247M | 150M | 145M | 150M | 158M | 168M | 167M |
| Property, plant and equipment | 165M | 162M | 159M | 160M | 159M | 160M | 166M | 161M |
| Total assets | 445M | 434M | 334M | 329M | 333M | 339M | 356M | 349M |
| Current liabilities | 98M | 91M | 85M | 80M | 75M | 74M | 79M | 75M |
| Short-term debt | 69M | 63M | 62M | 56M | — | 47M | — | — |
| Total liabilities | 108M | 99M | 94M | 88M | 87M | 84M | 89M | 86M |
| Equity | 275M | 273M | 179M | 203M | 208M | 193M | 225M | 223M |
| Shares outstanding | 56M | 55M | 46M | 46M | 46M | 45M | 45M | 44M |
| Shares issued | 56M | 55M | 46M | 46M | 46M | 45M | 45M | 44M |
| −536,000 |