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Company reports as filed with the U.S. Securities and Exchange Commission.
| Metric | 31 Dec 2025 | 31 Dec 2024 |
|---|---|---|
| Revenue | 88M | 18M |
| Research and development | 416M | 339M |
| Selling, general and administrative | 284M | 215M |
| Operating expenses | 700M | 555M |
| Operating income | −612M | −536M |
| Interest expense | 46M | 38M |
| Net income | −785M | −590M |
| Earnings per share | −6.54 | −5.26 |
| Earnings per share, diluted | −6.54 | −5.26 |
| Weighted average shares | 120,103 | 111,979 |
| Weighted average shares, diluted | 120,103 | 111,979 |
| 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 | 130M | 123M | 225M | 75M | 74M | 95M | 47M | 190M |
| Receivables | 7M | 18M | 2M |
| Metric | 31 Dec 2025 | 31 Dec 2024 |
|---|---|---|
| Operating cash flow | −510M | −396M |
| Depreciation and amortisation | 10M | 10M |
| Share-based compensation | 112M | 98M |
| Capital expenditure | 25M | 4M |
| Investing cash flow | 17M | −553M |
| Financing cash flow | 524M |
Amounts in USD unless stated otherwise. Data: US exchange trading and company filings with the regulator
| 8M |
| 2M |
| 17M |
| 244,000 |
| 0 |
| Inventory | 154,000 | 0 | — | — | — | — | — | — |
| Current assets | 839M | 917M | 977M | 887M | 956M | 1.11B | 1.02B | 1.07B |
| Property, plant and equipment | 82M | 79M | 76M | 70M | 67M | 66M | 64M | 66M |
| Total assets | 1.27B | 1.42B | 1.44B | 1.23B | 1.26B | 1.40B | 1.44B | 1.52B |
| Current liabilities | 199M | 202M | 142M | 131M | 160M | 180M | 110M | 103M |
| Short-term debt | 45M | 41M | 17M | 14M | 13M | 12M | 12M | 12M |
| Long-term debt | 247M | 246M | 159M | 159M | 92M | 93M | 93M | 93M |
| Total liabilities | 2.10B | 2.08B | 1.96B | 1.59B | 1.53B | 1.54B | 1.45B | 1.42B |
| Equity | −827M | −660M | −521M | −369M | −266M | −135M | −14M | 109M |
| Shares outstanding | — | 123M | — | — | — | 118M | — | — |
| Shares issued | — | 123M | — | — | — | 118M | — | — |
| 931M |