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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 | 7M | 41M | 34M | 21M |
| Cost of revenue | 6M | 35M | 28M | 12M |
| Gross profit | 408,898 | 6M | 6M | 9M |
| Research and development | — | 378,793 | 457,523 | 434,914 |
| Selling, general and administrative | 22M | 3M | 3M | 2M |
| Operating expenses | 22M | 3M | 4M | 2M |
| Operating income | −21M | 2M | 3M | 6M |
| Pre-tax income | −43M | 2M | 2M | 6M |
| Income tax | 2,844 | 322,414 | 1,220 | 1,806 |
| Net income | −42M | 1M | 2M | 4M |
| Earnings per share | −38.51 | 0.05 | 0.07 | 0.18 |
| Earnings per share, diluted | −38.51 | 0.05 | 0.07 | 0.18 |
| Weighted average shares | 1M | 30M | 30M | 30M |
| Weighted average shares, diluted | 1M | 30M | 30M | 30M |
| 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 | — | — | 389 | 28,654 | 499,745 | 2M | 578,636 |
| Receivables | — | — | 7M | 19M |
| Metric | 31 Dec 2025 | 31 Dec 2024 | 31 Dec 2023 | 31 Dec 2022 |
|---|---|---|---|---|
| Operating cash flow | −1M | 2M | −2M | −860,839 |
| Depreciation and amortisation | — | 660,271 | 655,345 | 215,882 |
| Share-based compensation | 21M | — | — |
Amounts in USD unless stated otherwise. Data: US exchange trading and company filings with the regulator
| 17M |
| — |
| — |
| Inventory | — | — | — | 1M | 4M | — | — |
| Current assets | — | — | 12M | 35M | 41M | — | — |
| Total assets | — | — | 12M | 46M | 54M | — | — |
| Current liabilities | — | — | 7M | 13M | 21M | — | — |
| Total liabilities | — | — | 7M | 18M | 27M | — | — |
| Equity | — | — | 5M | 16M | 15M | 26M | 22M |
| Shares outstanding | — | — | — | 30M | 30M | — | — |
| Shares issued | — | — | — | 30M | 30M | — | — |
| Capital expenditure | — | 2,183 | 902,263 | 194,571 |
| Investing cash flow | — | −2,183 | −916,453 | −440,657 |
| Financing cash flow | 270,758 | −2M | 2M | 3M |