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Company reports as filed with the U.S. Securities and Exchange Commission.
| Metric | 31/03/2026 | 30/09/2025 | 30/06/2025 | 31/03/2025 | 30/09/2024 | 30/06/2024 |
|---|---|---|---|---|---|---|
| Revenue | 3M | 234,000 | 191,000 | 322,000 | 107,000 | 1M |
| Cost of revenue | 1M | 0 | 2,000 | 0 | 66,000 | 0 |
| Gross profit | 2M | 234,000 | 189,000 | 322,000 | 41,000 | 1M |
| Research and development | 4M | 2M | 2M | 2M | 2M | 3M |
| Selling, general and administrative | 6M | 4M | 4M | 5M | 5M | 5M |
| Operating expenses | 11M | 6M | 6M | 7M | 8M | 8M |
| Operating income | −9M | −6M | −6M | −6M | −8M | −7M |
| Pre-tax income | — | — | — | — | −8M | — |
| Net income | −9M | −11M | −6M | −6M | −8M | −7M |
| Earnings per share | −2.15 | −1.08 | −1.23 | −1.64 | −6.26 | −5.92 |
| Earnings per share, diluted | −2.15 | −1.08 | −1.23 | −1.64 | −6.26 | −5.92 |
| Weighted average shares | 4M | 10M | 5M | 4M | 1M | 1M |
| Weighted average shares, diluted | 4M | 10M | 5M | 4M | 1M | 1M |
| 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 | 23M | 13M | 670,000 | 132,000 | 3M | 2M | 1M | 1M |
| Receivables | 396,000 | 0 | 0 |
| Metric | 31/03/2026 | 31/03/2025 |
|---|---|---|
| Operating cash flow | −6M | −4M |
| Share-based compensation | 322,000 | 1M |
| Capital expenditure | 197,000 | 0 |
| Investing cash flow | −185,000 | 0 |
| Financing cash flow | 17M | 6M |
Amounts in USD unless stated otherwise. Data: US exchange trading and company filings with the regulator
| 200,000 |
| 0 |
| 879,000 |
| — |
| 15,000 |
| Current assets | 29M | 22M | 7M | 4M | 7M | 5M | 5M | 6M |
| Property, plant and equipment | 498,000 | 953,000 | 1M | 2M | 2M | 2M | 2M | 3M |
| Total assets | 46M | 40M | 20M | 9M | 12M | 10M | 14M | 15M |
| Current liabilities | 12M | 16M | 17M | 19M | 17M | 15M | 14M | 12M |
| Total liabilities | 19M | 23M | 20M | 19M | 18M | 18M | 20M | 17M |
| Equity | 27M | 17M | −694,000 | −10M | −6M | −8M | −5M | −2M |