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Company reports as filed with the U.S. Securities and Exchange Commission.
| Metric | 31 Dec 2025 | 31 Dec 2024 |
|---|---|---|
| Revenue | 53M | 136,000 |
| Research and development | 581M | 477M |
| Selling, general and administrative | 163M | 120M |
| Operating expenses | 773M | 597M |
| Operating income | −720M | −597M |
| Pre-tax income | −929M | −608M |
| Income tax | 1M | 129,000 |
| Net income | −930M | −608M |
| Earnings per share | −1.13 | −0.87 |
| Earnings per share, diluted | −1.13 | −0.87 |
| Weighted average shares | 826M | 700M |
| Weighted average shares, diluted | 826M | 700M |
| 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 | 875M | 241M | 208M | 336M | 122M | 200M | 152M | 175M |
| Short-term investments | 1.59B | 1.17B |
| Metric | 31 Dec 2025 | 31 Dec 2024 |
|---|---|---|
| Operating cash flow | −510M | −436M |
| Depreciation and amortisation | 40M | 36M |
| Share-based compensation | 128M | 104M |
| Capital expenditure | 54M | 41M |
| Investing cash flow | −475M | 71M |
| Financing cash flow | 1.03B |
Amounts in USD unless stated otherwise. Data: US exchange trading and company filings with the regulator
| 770M |
| 655M |
| 690M |
| 733M |
| 558M |
| 650M |
| Current assets | 2.51B | 1.45B | 1.02B | 1.01B | 841M | 970M | 738M | 858M |
| Property, plant and equipment | — | — | 140M | 135M | — | 121M | 112M | 106M |
| Goodwill | 89M | 89M | 90M | 14M | 14M | 14M | 14M | 14M |
| Total assets | 2.93B | 1.80B | 1.37B | 1.26B | 1.08B | 1.20B | 964M | 1.08B |
| Current liabilities | 114M | 60M | 75M | 59M | 47M | 48M | 46M | 43M |
| Long-term debt | 701M | 0 | — | — | — | — | — | — |
| Total liabilities | 970M | 385M | 470M | 362M | 225M | 291M | 183M | 183M |
| Equity | 1.96B | 1.41B | 896M | 898M | 859M | 912M | 781M | 895M |
| Shares outstanding | 981M | 915M | 874M | 851M | 789M | 784M | 717M | 714M |
| Shares issued | 981M | 915M | 874M | 851M | 789M | 784M | 717M | 714M |
| 361M |