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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 | 54M | 316M | 290M | 329M |
| Cost of revenue | 18M | 107M | 91M | 103M |
| Gross profit | 252M | 209M | 199M | 226M |
| Research and development | 105M | 95M | 122M | 154M |
| Selling, general and administrative | 48M | 45M | 46M | 105M |
| Operating expenses | 254M | 225M | 250M | 358M |
| Operating income | 101,000 | −10M | −41M | −101M |
| Pre-tax income | 3M | −7M | −65M | −109M |
| Income tax | 73,000 | 110,000 | −2M | −455,000 |
| Net income | 61,000 | −7M | −62M | −107M |
| Earnings per share | 0.01 | −0.09 | −0.78 | −1.35 |
| Earnings per share, diluted | 0.00 | −0.09 | −0.78 | −1.35 |
| Weighted average shares | 63M | 63M | 63M | 62M |
| Weighted average shares, diluted | 63M | 63M | 63M | 62M |
| Metric | 18 Aug 2026 | 31 Dec 2025 | 31 Dec 2024 | 31 Dec 2023 | 31 Dec 2022 | 31 Dec 2021 |
|---|---|---|---|---|---|---|
| Cash and equivalents | — | 168M | 119M | 115M | 116M | — |
| Short-term investments | — | 728,000 | 0 | — |
| Metric | 31 Dec 2025 | 31 Dec 2024 | 31 Dec 2023 | 31 Dec 2022 |
|---|---|---|---|---|
| Operating cash flow | 9M | 9M | −18M | −17M |
| Depreciation and amortisation | 133,000 | 1M | 5M | 24M |
| Share-based compensation | 4M | 4M | 12M | 16M |
| Capital expenditure |
Amounts in USD unless stated otherwise. Data: US exchange trading and company filings with the regulator
| — |
| Receivables | — | 43M | 51M | 34M | — | — |
| Current assets | — | 232M | 185M | 170M | — | — |
| Property, plant and equipment | — | 3M | 5M | 1M | — | — |
| Goodwill | — | 38M | 38M | 38M | — | — |
| Total assets | — | 60M | 378M | 350M | — | — |
| Current liabilities | — | 303M | 262M | 241M | — | — |
| Short-term debt | — | — | 3M | — | — | — |
| Total liabilities | — | 317M | 279M | 246M | — | — |
| Equity | — | 66M | 68M | 104M | 128M | 215M |
| 252,000 |
| 5M |
| 306,000 |
| 632,000 |
| Investing cash flow | −1M | −5M | 25M | 27M |
| Share buybacks | 1M | 3M | 4M | 2M |
| Financing cash flow | −1M | 1M | −9M | −148M |