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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 | 9M | 11M | 19M | 19M |
| Selling, general and administrative | 6M | 5M | 6M | 7M |
| Operating expenses | 15M | 16M | 29M | 26M |
| Operating income | −15M | −16M | −29M | −26M |
| Pre-tax income | 1.62B | −15M | −29M | — |
| Income tax | 383M | — | — | — |
| Net income | 1.24B | −15M | −29M | −31M |
| Earnings per share | 27.04 | −0.73 | −1.56 | −1.69 |
| Earnings per share, diluted | 25.48 | −0.73 | −1.56 | −1.69 |
| Weighted average shares | 46M | 21M | 19M | 18M |
| Weighted average shares, diluted | 48M | 21M | 19M | 18M |
| Metric | 18 Aug 2026 | 31 Dec 2025 | 30 Nov 2025 | 31 Dec 2024 | 31 May 2024 | 31 Dec 2023 | 31 Dec 2022 | 31 Dec 2021 |
|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | — | 2M | — | 3M | — | 1M | 50M | 12M |
| Short-term investments |
| Metric | 31 Dec 2025 | 31 Dec 2024 | 31 Dec 2023 | 31 Dec 2022 |
|---|---|---|---|---|
| Operating cash flow | −10M | −13M | −24M | −24M |
| Depreciation and amortisation | 332,000 | 545,000 | 835,000 | 777,000 |
| Share-based compensation | 2M | 2M | 2M | 3M |
| Capital expenditure |
Amounts in USD unless stated otherwise. Data: US exchange trading and company filings with the regulator
| — |
| — |
| 198,000 |
| — |
| 5M |
| — |
| — |
| Current assets | — | 1.74B | — | 26M | — | 34M | — | — |
| Property, plant and equipment | — | 361,000 | — | 625,000 | — | 2M | — | — |
| Total assets | — | 2.33B | — | 28M | — | 37M | — | — |
| Current liabilities | — | 9M | — | 4M | — | 6M | — | — |
| Total liabilities | — | 392M | — | 4M | — | 7M | — | — |
| Equity | — | 1.93B | — | 24M | — | 30M | 57M | 85M |
| Shares outstanding | — | 237M | 210M | 24M | 2M | 19M | — | — |
| Shares issued | — | 237M | 210M | 24M | 2M | 19M | — | — |
| 68,000 |
| 103,000 |
| 236,000 |
| 8M |
| Investing cash flow | −1M | 9M | −26M | 63M |
| Financing cash flow | 10M | 6M | 360,000 | 150,000 |