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Company reports as filed with the U.S. Securities and Exchange Commission.
| Metric | 31 Mar 2026 | 30 Sept 2025 | 30 Jun 2025 | 31 Mar 2025 | 30 Sept 2024 | 30 Jun 2024 |
|---|---|---|---|---|---|---|
| Research and development | 33M | 35M | 40M | 32M | 28M | 22M |
| Selling, general and administrative | 17M | 8M | 4M | 4M | 2M | 2M |
| Operating expenses | 51M | 43M | 44M | 36M | 30M | 24M |
| Operating income | −51M | −43M | −44M | −36M | −30M | −24M |
| Interest expense | — | — | — | — | 3M | 2M |
| Pre-tax income | −53M | −44M | −45M | −37M | −30M | −24M |
| Net income | −53M | −44M | −45M | −37M | −30M | −24M |
| Earnings per share | −0.97 | −0.92 | −1.04 | −0.86 | −0.70 | −0.62 |
| Earnings per share, diluted | −0.97 | −0.92 | −1.04 | −0.86 | −0.70 | −0.62 |
| Weighted average shares | 54M | 48M | 44M | 43M | 43M | 38M |
| Weighted average shares, diluted | 54M | 48M | 44M | 43M | 43M | 38M |
| 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 | 145M | 166M | 74M | 46M | 16M | 23M | 13M | 30M |
| Short-term investments | 242M | 276M | 381M |
| Metric | 31 Mar 2026 | 30 Sept 2025 | 30 Jun 2025 | 31 Mar 2025 | 30 Sept 2024 | 30 Jun 2024 |
|---|---|---|---|---|---|---|
| Operating cash flow | −55M | — | — | −36M | — | — |
| Depreciation and amortisation | 47,000 | — | — |
Amounts in USD unless stated otherwise. Data: US exchange trading and company filings with the regulator
| 122M |
| 189M |
| 213M |
| 251M |
| 253M |
| Current assets | 409M | 466M | 475M | 183M | 218M | 245M | 272M | 292M |
| Property, plant and equipment | 619,000 | 499,000 | 417,000 | 357,000 | 358,000 | 336,000 | 338,787 | 308,444 |
| Total assets | 410M | 467M | 476M | 184M | 218M | 245M | 273M | 293M |
| Current liabilities | 33M | 44M | 39M | 40M | 33M | 32M | 26M | 20M |
| Total liabilities | 357M | 366M | 359M | 139M | 131M | 130M | 123M | 116M |
| Equity | 54M | 101M | 117M | 44M | 87M | 116M | 150M | 177M |
| Shares outstanding | 48M | 48M | 43M | 39M | 38M | 37M | 37M | 37M |
| Shares issued | 48M | 48M | 43M | 39M | 38M | 37M | 37M | 37M |
| 37,000 |
| — |
| — |
| Share-based compensation | 5M | 7M | 3M | 2M | 2M | 1M |
| Capital expenditure | 249,000 | — | — | 60,000 | — | — |
| Investing cash flow | 35M | — | — | 24M | — | — |
| Financing cash flow | 34,000 | — | — | 6M | — | — |