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Company reports as filed with the U.S. Securities and Exchange Commission.
| Metric | 31/12/2025 | 31/12/2024 | 31/12/2023 | 31/12/2022 |
|---|---|---|---|---|
| Revenue | 540M | 71M | 537M | 563M |
| Cost of revenue | 137M | 153M | 174M | 183M |
| Gross profit | 403M | 50M | 363M | 380M |
| Research and development | 166M | 232M | 347M | 422M |
| Selling, general and administrative | 126M | 36M | 438M | 568M |
| Operating income | −55M | −358M | −669M | −980M |
| Pre-tax income | −54M | −341M | −651M | −969M |
| Income tax | 2M | 806,000 | 2M | 2M |
| Net income | −55M | −347M | −654M | −971M |
| Earnings per share | −0.52 | −3.37 | −6.38 | −9.35 |
| Earnings per share, diluted | −0.52 | −0.46 | −6.38 | −9.35 |
| Weighted average shares | 89M | 86M | 85M | 87M |
| Weighted average shares, diluted | 89M | 86M | 85M | 87M |
| Metric | 19/08/2026 | 18/08/2026 | 31/12/2025 | 31/12/2024 | 31/12/2023 | 31/12/2022 | 31/12/2021 |
|---|---|---|---|---|---|---|---|
| Cash and equivalents | — | — | 478M | 520M | 615M | 905M | 1.44B |
| Receivables | — | — | 170M | 152M |
| Metric | 31/12/2025 | 31/12/2024 | 31/12/2023 | 31/12/2022 |
|---|---|---|---|---|
| Operating cash flow | −28M | −13M | −256M | −457M |
| Depreciation and amortisation | 22M | 7M | 133M | 124M |
| Share-based compensation | 14M | 156M | 261M | 327M |
| Capital expenditure |
Amounts in USD unless stated otherwise. Data: US exchange trading and company filings with the regulator
| 127M |
| — |
| — |
| Inventory | — | — | 49M | 9M | 69M | — | — |
| Current assets | — | — | 739M | 106M | 884M | — | — |
| Property, plant and equipment | — | — | 31M | 6M | 132M | — | — |
| Total assets | — | — | 820M | 885M | 1.04B | — | — |
| Current liabilities | — | — | 247M | 266M | 263M | — | — |
| Short-term debt | — | — | 200,000 | 0 | — | — | — |
| Long-term debt | — | — | 2M | 0 | — | — | — |
| Total liabilities | — | — | 285M | 42M | 272M | — | — |
| Equity | — | — | 535M | 80M | 768M | 1.16B | 1.85B |
| 5M |
| 742,000 |
| 8M |
| 62M |
| Investing cash flow | −4M | −604,000 | −9M | −7M |
| Financing cash flow | 2M | −72,000 | −49M | −86M |