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Company reports as filed with the U.S. Securities and Exchange Commission.
| Metric | 31 Dec 2025 | 31 Dec 2024 |
|---|---|---|
| Revenue | 275M | 326M |
| Cost of revenue | 268M | 285M |
| Gross profit | 8M | 42M |
| Research and development | 23M | 28M |
| Selling, general and administrative | 218M | 170M |
| Operating expenses | 341M | 198M |
| Operating income | −334M | −156M |
| Pre-tax income | 219M | −160M |
| Income tax | 0 | −26,000 |
| Net income | 219M | −160M |
| Earnings per share | 1.15 | −2.43 |
| Earnings per share, diluted | −1.83 | −2.43 |
| Weighted average shares | 155M | 66M |
| Weighted average shares, diluted | 181M | 66M |
| 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 | 191M | 204M | 117M | 103M | 102M | 132M | 135M | 158M |
| Receivables | 26M | 26M | 28M |
| Metric | 31 Dec 2025 | 31 Dec 2024 |
|---|---|---|
| Operating cash flow | −145M | −99M |
| Depreciation and amortisation | 33M | 23M |
| Share-based compensation | 31M | 24M |
| Capital expenditure | 12M | 11M |
| Investing cash flow | −10M | −6M |
| Financing cash flow | 223M |
Amounts in USD unless stated otherwise. Data: US exchange trading and company filings with the regulator
| 37M |
| 33M |
| 27M |
| 35M |
| 34M |
| Inventory | 69M | 84M | 110M | 111M | 100M | 113M | 125M | 120M |
| Current assets | 311M | 341M | 289M | 297M | 257M | 286M | 297M | 317M |
| Total assets | 579M | 615M | 600M | 692M | 644M | 678M | 693M | 711M |
| Current liabilities | 109M | 75M | 64M | 90M | 76M | 61M | 87M | 84M |
| Equity | −21M | −997,000 | −784M | −677M | −650M | −601M | −612M | −590M |
| Shares outstanding | 463M | 454M | 77M | 77M | 76M | 76M | 65M | 65M |
| Shares issued | 463M | 454M | 77M | 77M | 76M | 76M | 65M | 65M |
| 46M |