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Company reports as filed with the U.S. Securities and Exchange Commission.
| Metric | 31 Dec 2025 | 31 Dec 2024 |
|---|---|---|
| Revenue | 158M | 14M |
| Cost of revenue | — | 6M |
| Research and development | 39M | 48M |
| Selling, general and administrative | 157M | 82M |
| Operating expenses | 210M | 135M |
| Operating income | −51M | −121M |
| Net income | −69M | −128M |
| Earnings per share | −0.80 | −1.63 |
| Earnings per share, diluted | −0.80 | −1.63 |
| Weighted average shares | 86M | 79M |
| Weighted average shares, diluted | 86M | 79M |
| 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 | 223M | 191M | 157M | 173M | 170M | 176M | 204M | 133M |
| Receivables | 74M | 54M | 36M |
| Metric | 31 Dec 2025 | 31 Dec 2024 |
|---|---|---|
| Operating cash flow | −36M | −93M |
| Depreciation and amortisation | 2M | 2M |
| Share-based compensation | 29M | 19M |
| Capital expenditure | 4M | 5M |
| Investing cash flow | −6M | −8M |
| Financing cash flow | 60M |
Amounts in USD unless stated otherwise. Data: US exchange trading and company filings with the regulator
| 10M |
| 1M |
| 3M |
| 4M |
| 3M |
| Inventory | 29M | 24M | 25M | 6M | 1M | 241,000 | 38,000 | — |
| Current assets | 333M | 273M | 227M | 196M | 177M | 185M | 214M | 147M |
| Property, plant and equipment | 21M | 12M | 11M | 10M | 8M | 8M | 8M | 6M |
| Goodwill | 4M | 4M | 4M | 4M | 4M | 4M | 4M | 4M |
| Total assets | 402M | 328M | 276M | 257M | 227M | 230M | 253M | 177M |
| Current liabilities | 150M | 136M | 103M | 78M | 61M | 42M | 34M | 24M |
| Total liabilities | 293M | 283M | 254M | 242M | 178M | 151M | 142M | 115M |
| Equity | 109M | 45M | 22M | 15M | 50M | 79M | 113M | 73M |
| Shares outstanding | 88M | 87M | 87M | 86M | 85M | 85M | 85M | 76M |
| Shares issued | 88M | 87M | 87M | 86M | 85M | 85M | 85M | 76M |
| 195M |