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Company reports as filed with the U.S. Securities and Exchange Commission.
| Metric | 30 Nov 2025 | 31 Aug 2025 | 31 May 2025 | 30 Nov 2024 | 31 Aug 2024 | 31 May 2024 |
|---|---|---|---|---|---|---|
| Revenue | 6M | 9M | 8M | 9M | 8M | 8M |
| Cost of revenue | 6M | 9M | 8M | 8M | 8M | 8M |
| Gross profit | 263,103 | 38,740 | 152,521 | 443,570 | 301,028 | 681,889 |
| Research and development | 85,210 | 77,540 | 172,652 | 146,735 | 180,273 | 178,993 |
| Selling, general and administrative | 1M | 1M | 2M | 2M | 2M | 2M |
| Operating expenses | 2M | 2M | 2M | 2M | 2M | 2M |
| Operating income | −2M | −1M | −2M | −2M | −2M | −2M |
| Interest expense | — | — | — | — | 28,578 | — |
| Pre-tax income | −2M | −2M | −2M | −2M | −2M | −2M |
| Income tax | — | — | — | 57 | — | — |
| Net income | −2M | −2M | −2M | −2M | −2M | −2M |
| Earnings per share | −0.03 | −0.03 | −0.04 | −0.03 | −0.03 | −0.03 |
| Earnings per share, diluted | −0.03 | −0.03 | −0.04 | −0.03 | −0.03 | −0.03 |
| Weighted average shares | 60M | 59M | 57M | 53M | 53M | 53M |
| Weighted average shares, diluted | 60M | 59M | 57M | 53M | 53M | 53M |
| Metric | 28 Feb 2026 | 30 Nov 2025 | 31 Aug 2025 | 31 May 2025 | 28 Feb 2025 | 30 Nov 2024 | 31 Aug 2024 | 31 May 2024 |
|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | 68,596 | 24,214 | 221,836 | 3M | 1M | 164,600 | 810,284 | 1M |
| Receivables | 45M | 44M | 38M |
| Metric | 30 Nov 2025 | 31 Aug 2025 | 31 May 2025 | 30 Nov 2024 | 31 Aug 2024 | 31 May 2024 |
|---|---|---|---|---|---|---|
| Operating cash flow | — | — | −1M | — | — | −1M |
| Depreciation and amortisation | 134,964 | 7,766 | 10,553 | 11,561 |
Amounts in USD unless stated otherwise. Data: US exchange trading and company filings with the regulator
| 39M |
| 33M |
| 26M |
| 21M |
| — |
| Inventory | 258,159 | 115,752 | 123,546 | 93,660 | 136,020 | 31,096 | — | — |
| Current assets | 52M | 51M | 45M | 49M | 42M | 32M | 30M | — |
| Property, plant and equipment | 28,366 | 28,938 | 12,356 | 19,805 | 23,260 | 27,334 | 34,274 | — |
| Total assets | 61M | 60M | 52M | 56M | 49M | 32M | 30M | — |
| Current liabilities | 46M | 44M | 37M | 39M | 35M | 22M | 20M | — |
| Total liabilities | 46M | 44M | 37M | 40M | 35M | 22M | 20M | — |
| Equity | 15M | 16M | 15M | 16M | 14M | 9M | 9M | 10M |
| Shares outstanding | 61M | 61M | 59M | 59M | 57M | 54M | 53M | — |
| Shares issued | 61M | 61M | 59M | 59M | 57M | 54M | 53M | — |
| 11,740 |
| 12,014 |
| Share-based compensation | — | — | 127,747 | — | — | 392,527 |
| Capital expenditure | — | — | 1,826 | — | — | — |
| Investing cash flow | — | — | −1,826 | — | — | — |
| Financing cash flow | — | — | 3M | — | — | 775,000 |