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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 |
|---|---|---|---|---|
| Revenue | 35M | 36M | 36M | 34M |
| Cost of revenue | 30M | 30M | 31M | 30M |
| Gross profit | 5M | 6M | 5M | 4M |
| Research and development | 837,719 | 591,225 | 169,511 | 99,947 |
| Selling, general and administrative | 9M | 10M | 13M | 14M |
| Operating income | −6M | −7M | −29M | −17M |
| Pre-tax income | −5M | −6M | −29M | −18M |
| Income tax | −6,394 | −125,925 | 434,320 | 132,208 |
| Net income | −7M | −6M | −30M | −19M |
| Earnings per share | −0.30 | −0.53 | −4.53 | −14.97 |
| Earnings per share, diluted | −0.30 | −0.53 | −4.53 | −14.97 |
| Weighted average shares | 22M | 11M | 7M | 1M |
| Metric | 19 Aug 2026 | 18 Aug 2026 | 31 Dec 2025 | 31 Dec 2024 | 31 Dec 2023 | 31 Dec 2022 | 31 Dec 2021 |
|---|---|---|---|---|---|---|---|
| Cash and equivalents | — | — | 25M | 22M | 20M | — | — |
| Receivables | — | — | 5M |
| Metric | 31 Dec 2025 | 31 Dec 2024 | 31 Dec 2023 | 31 Dec 2022 |
|---|---|---|---|---|
| Operating cash flow | −1M | −3M | −2M | −17M |
| Share-based compensation | 1M | 2M | 1M | 252,095 |
| Capital expenditure | 345,149 | 244,581 | 2M | 4M |
| Investing cash flow |
Amounts in USD unless stated otherwise. Data: US exchange trading and company filings with the regulator
| 6M |
| 6M |
| — |
| — |
| Inventory | — | — | 21,519 | 274,854 | 506,403 | — | — |
| Current assets | — | — | 34M | 31M | 31M | — | — |
| Property, plant and equipment | — | — | 3M | 3M | 4M | — | — |
| Goodwill | — | — | — | 411,862 | 411,862 | — | — |
| Total assets | — | — | 49M | 45M | 46M | — | — |
| Current liabilities | — | — | 6M | 6M | 14M | — | — |
| Short-term debt | — | — | — | 44,232 | 337,241 | — | — |
| Long-term debt | — | — | — | — | 44,410 | — | — |
| Total liabilities | — | — | 15M | 13M | 21M | — | — |
| Equity | — | — | 34M | 32M | 25M | 19M | 7M |
| Shares outstanding | — | — | 18M | 18M | 10M | — | — |
| Shares issued | — | — | 18M | 18M | 10M | — | — |
| 231,590 |
| 200,386 |
| −2M |
| −9M |
| Financing cash flow | 3M | 5M | 17M | 21M |