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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 |
|---|---|---|---|
| Revenue | 99M | 70M | 102M |
| Cost of revenue | 94M | 92M | 124M |
| Gross profit | 5M | −22M | −22M |
| Research and development | 59M | 94M | 98M |
| Operating income | −103M | −183M | −163M |
| Pre-tax income | −91M | −323M | −144M |
| Income tax | 51,000 | 121,000 | 158,000 |
| Net income | −91M | −324M | −178M |
| Earnings per share | −0.30 | −1.08 | −0.59 |
| Earnings per share, diluted | −0.30 | −1.08 | −0.59 |
| Weighted average shares | 300M | 299M | 299M |
| Metric | 18 Aug 2026 | 31 Dec 2025 | 31 Dec 2024 | 31 Dec 2023 | 31 Dec 2022 |
|---|---|---|---|---|---|
| Cash and equivalents | — | 527M | 604M | 751M | 914M |
| Receivables | — | 24M | 32M | 59M | — |
| Inventory | — | 44M |
| Metric | 31 Dec 2025 | 31 Dec 2024 | 31 Dec 2023 |
|---|---|---|---|
| Operating cash flow | −56M | −108M | −105M |
| Depreciation and amortisation | 4M | 12M | 14M |
| Share-based compensation | 6M | 7M | 11M |
| Capital expenditure | 10M | 26M | 41M |
| Investing cash flow |
Amounts in USD unless stated otherwise. Data: US exchange trading and company filings with the regulator
| 56M |
| 46M |
| — |
| Current assets | — | 601M | 699M | 865M | — |
| Goodwill | — | — | 0 | 40M | — |
| Total assets | — | 682M | 777M | 1.08B | — |
| Current liabilities | — | 61M | 76M | 71M | — |
| Total liabilities | — | 92M | 104M | 86M | — |
| Equity | — | 590M | 673M | 991M | 1.16B |
| Shares outstanding | — | 301M | 299M | 299M | — |
| −21M |
| −37M |
| −54M |
| Financing cash flow | −3M | −2M | −4M |