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Company reports as filed with the U.S. Securities and Exchange Commission.
| Metric | 31/12/2025 | 31/12/2024 |
|---|---|---|
| Revenue | 67M | 54M |
| Research and development | 251M | 170M |
| Selling, general and administrative | 120M | 77M |
| Operating expenses | 371M | 247M |
| Operating income | −304M | −193M |
| Pre-tax income | −278M | −172M |
| Income tax | 297,000 | 2M |
| Net income | −279M | −174M |
| Earnings per share | −3.18 | −2.02 |
| Earnings per share, diluted | −3.18 | −2.02 |
| Weighted average shares | 88M | 86M |
| Weighted average shares, diluted | 88M | 86M |
| Metric | 31/03/2026 | 31/12/2025 | 30/09/2025 | 30/06/2025 | 31/03/2025 | 31/12/2024 | 30/09/2024 | 30/06/2024 |
|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | 39M | 149M | 95M | 82M | 51M | 224M | 49M | 45M |
| Receivables | 9M | 9M | 36M |
| Metric | 31/12/2025 | 31/12/2024 |
|---|---|---|
| Operating cash flow | −64M | 134M |
| Depreciation and amortisation | 1M | 848,000 |
| Share-based compensation | 37M | 34M |
| Capital expenditure | 7M | 472,000 |
| Investing cash flow | −13M | −102M |
| Financing cash flow | 2M |
Amounts in USD unless stated otherwise. Data: US exchange trading and company filings with the regulator
| 5M |
| 49M |
| 2M |
| — |
| — |
| Inventory | 843,000 | 413,000 | — | — | — | 0 | — | — |
| Current assets | 624M | 709M | 621M | 660M | 724M | 745M | 463M | 500M |
| Property, plant and equipment | 8M | 8M | 7M | 4M | 2M | 2M | 1M | 2M |
| Total assets | 653M | 738M | 649M | 682M | 744M | 760M | 479M | 515M |
| Current liabilities | 101M | 117M | 121M | 107M | 90M | 79M | 40M | 33M |
| Short-term debt | — | 0 | 4M | 3M | 2M | 3M | 2M | 847,000 |
| Long-term debt | 10M | 10M | 5M | 7M | 8M | 7M | 8M | 9M |
| Total liabilities | 545M | 564M | 407M | 377M | 379M | 347M | 55M | 49M |
| Equity | 108M | 174M | 243M | 305M | 364M | 414M | 424M | 466M |
| Shares outstanding | 89M | 88M | 87M | 87M | 81M | 78M | 78M | 76M |
| Shares issued | 89M | 88M | 87M | 87M | 81M | 78M | 78M | 76M |
| 154M |