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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 | 31 Dec 2022 |
|---|---|---|---|---|
| Research and development | 6M | 11M | 18M | 17M |
| Selling, general and administrative | 4M | 3M | 7M | 12M |
| Operating expenses | 10M | 15M | 25M | 29M |
| Pre-tax income | −9M | −14M | −24M | −28M |
| Income tax | 0 | 0 | 0 | −534,000 |
| Net income | −9M | −14M | −24M | −28M |
| Earnings per share | 0.02 | 0.04 | 0.10 | 0.12 |
| Earnings per share, diluted | 0.02 | 0.04 | 0.10 | 0.12 |
| Weighted average shares | 510M | 359M | 235M | 228M |
| Weighted average shares, diluted | 510M | 359M | 235M | 228M |
| Metric | 18 Aug 2026 | 31 Dec 2025 | 31 Dec 2024 | 31 Dec 2023 | 31 Dec 2022 | 31 Dec 2021 |
|---|---|---|---|---|---|---|
| Cash and equivalents | — | 8M | 6M | 9M | 14M | 15M |
| Current assets | — | 13M | 16M | 21M | — |
| Metric | 31 Dec 2025 | 31 Dec 2024 | 31 Dec 2023 | 31 Dec 2022 |
|---|---|---|---|---|
| Operating cash flow | −11M | −15M | −24M | −20M |
| Depreciation and amortisation | 70,000 | 53,000 | 67,000 | 58,000 |
| Share-based compensation | 623,000 | 617,000 | 1M | 3M |
| Capital expenditure |
Amounts in USD unless stated otherwise. Data: US exchange trading and company filings with the regulator
| Property, plant and equipment | — | 176,000 | 250,000 | 303,000 | — | — |
| Total assets | — | 14M | 17M | 22M | — | — |
| Current liabilities | — | 1M | 3M | 5M | — | — |
| Total liabilities | — | 1M | 3M | 5M | — | — |
| Equity | — | 12M | 14M | 17M | 36M | 61M |
| Shares outstanding | — | 575M | 377M | 284M | — | — |
| Shares issued | — | 575M | 377M | 284M | — | — |
| 3,000 |
| 0 |
| 3,000 |
| 68,000 |
| Investing cash flow | 5M | 2M | 16M | 20M |
| Financing cash flow | 7M | 10M | 4M | −808,000 |