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Company reports as filed with the U.S. Securities and Exchange Commission.
| Metric | 31 Dec 2025 | 31 Dec 2024 |
|---|---|---|
| Revenue | 264M | 164M |
| Cost of revenue | 173M | 93M |
| Research and development | 300M | 276M |
| Selling, general and administrative | 152M | 152M |
| Operating expenses | 667M | 559M |
| Operating income | −403M | −395M |
| Pre-tax income | −393M | −375M |
| Income tax | −2M | −3M |
| Net income | −391M | −372M |
| Earnings per share | −1.09 | −1.28 |
| Earnings per share, diluted | −1.09 | −1.28 |
| Weighted average shares | 357,345 | 289,877 |
| Weighted average shares, diluted | 357,345 | 289,877 |
| 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 | 197M | 163M | 158M | 132M | 172M | 116M | 164M | 229M |
| Short-term investments | 117M | 134M |
| Metric | 31 Dec 2025 | 31 Dec 2024 |
|---|---|---|
| Operating cash flow | −302M | −353M |
| Depreciation and amortisation | 13M | 11M |
| Share-based compensation | 62M | 110M |
| Capital expenditure | 34M | 11M |
| Investing cash flow | 47M | −96M |
| Financing cash flow | 301M |
Amounts in USD unless stated otherwise. Data: US exchange trading and company filings with the regulator
| 143M |
| 169M |
| 188M |
| 208M |
| 233M |
| 184M |
| Receivables | 82M | 82M | 67M | 60M | 71M | 69M | 56M | 32M |
| Inventory | 58M | 52M | 52M | 50M | 66M | 52M | 39M | 28M |
| Current assets | 467M | 443M | 429M | 423M | 513M | 457M | 499M | 482M |
| Property, plant and equipment | 131M | 131M | 127M | 122M | 112M | 109M | 113M | 111M |
| Total assets | 926M | 913M | 905M | 907M | 967M | 910M | 991M | 964M |
| Current liabilities | 129M | 138M | 126M | 129M | 123M | 122M | 118M | 94M |
| Total liabilities | 204M | 215M | 203M | 209M | 199M | 200M | 218M | 196M |
| Equity | 722M | 699M | 702M | 698M | 768M | 710M | 773M | 769M |
| Shares outstanding | 438M | 412M | 385M | 342M | 334M | 305M | 305M | 297M |
| Shares issued | 438M | 412M | 385M | 342M | 334M | 305M | 305M | 297M |
| 391M |