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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 | 39M | 19M | 20M | 25M |
| Cost of revenue | 15M | 22M | 24M | 27M |
| Research and development | 3M | 2M | 2M | 2M |
| Selling, general and administrative | 28M | 49M | 15M | 9M |
| Operating expenses | 68M | 84M | 51M | 40M |
| Operating income | −29M | −65M | −31M | −15M |
| Pre-tax income | −41M | −74M | −34M | −14M |
| Net income | −41M | −74M | −34M | −14M |
| Earnings per share | −0.53 | −1.25 | −0.67 | −0.32 |
| Earnings per share, diluted | −0.53 | −1.25 | −0.67 | −0.32 |
| Weighted average shares | 78M | 59M | 51M | 44M |
| Weighted average shares, diluted | 78M | 59M | 51M | 44M |
| Metric | 19 Aug 2026 | 18 Aug 2026 | 31 Dec 2025 | 31 Dec 2024 | 31 Dec 2023 | 30 Jun 2023 | 31 Dec 2022 | 31 Dec 2021 |
|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | — | — | 8M | 5M | 19M | — | 10M | 13M |
| Receivables | — |
| Metric | 31 Dec 2025 | 31 Dec 2024 | 31 Dec 2023 | 31 Dec 2022 |
|---|---|---|---|---|
| Operating cash flow | −15M | −25M | −15M | −5M |
| Depreciation and amortisation | 4M | 9M | 10M | 9M |
| Share-based compensation | 11M | 36M | 2M | 2M |
| Capital expenditure |
Amounts in USD unless stated otherwise. Data: US exchange trading and company filings with the regulator
| — |
| 503,820 |
| 203,522 |
| 188,358 |
| — |
| 375,154 |
| — |
| Inventory | — | — | 2M | 2M | 3M | — | — | — |
| Current assets | — | — | 14M | 11M | 26M | — | — | — |
| Total assets | — | — | 30M | 20M | 40M | — | — | — |
| Current liabilities | — | — | 14M | 11M | 18M | — | — | — |
| Short-term debt | — | — | 4M | 5M | 10M | — | — | — |
| Long-term debt | — | — | 82M | 70M | 55M | — | — | — |
| Total liabilities | — | — | 97M | 82M | 73M | — | — | — |
| Equity | — | — | −67M | −61M | −33M | — | 8M | 21M |
| Shares outstanding | — | — | — | — | — | 57M | — | — |
| 485,329 |
| 332,354 |
| 652,374 |
| — |
| Investing cash flow | −541,731 | −1M | −5M | −8M |
| Share buybacks | 367,632 | — | — | — |
| Financing cash flow | 18M | 12M | 29M | 11M |