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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 | 1.03B | 627M | 285M | 117M |
| Cost of revenue | 397M | 216M | 144M | 65M |
| Research and development | 415M | 414M | 382M | 336M |
| Operating income | −137M | −310M | −528M | — |
| Pre-tax income | −283M | −158M | −520M | −446M |
| Income tax | 14M | 19M | −2M | 625,000 |
| Net income | −297M | −177M | −518M | −446M |
| Earnings per share | −0.81 | −0.48 | −1.47 | −1.40 |
| Earnings per share, diluted | −0.81 | −0.48 | −1.47 | −1.40 |
| Metric | 18 Aug 2026 | 31 Dec 2025 | 31 Dec 2024 | 31 Dec 2023 | 31 Dec 2022 | 31 Dec 2021 |
|---|---|---|---|---|---|---|
| Cash and equivalents | — | 902M | 287M | 1.28B | 786M | 689M |
| Receivables | — | 13M | 6M | 100M | — | — |
| Metric | 31 Dec 2025 | 31 Dec 2024 | 31 Dec 2023 | 31 Dec 2022 |
|---|---|---|---|---|
| Operating cash flow | −100M | −144M | −393M | −201M |
| Capital expenditure | 29M | 14M | 20M | 21M |
| Investing cash flow | 710M | −851M | 93M | −77M |
| Financing cash flow |
Amounts in USD unless stated otherwise. Data: US exchange trading and company filings with the regulator
| Inventory | — | 32M | 24M | 19M | — | — |
| Current assets | — | 1.25B | 1.28B | 1.50B | — | — |
| Property, plant and equipment | — | 116M | 99M | 109M | 105M | — |
| Total assets | — | 1.73B | 1.67B | 1.85B | — | — |
| Current liabilities | — | 636M | 278M | 216M | — | — |
| Short-term debt | — | 319M | 0 | — | — | — |
| Long-term debt | — | 0 | 301M | 281M | — | — |
| Total liabilities | — | 732M | 630M | 597M | — | — |
| Equity | — | 1.00B | 1.04B | 1.25B | 744M | 766M |
| −300,000 |
| 6M |
| 791M |
| 378M |