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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 | 935,000 | 241,000 | 155,000 | 589,000 | 190,000 | 2M |
| Cost of revenue | 572,000 | 957,000 | 716,000 | 550,000 | 583,000 | 2M |
| Gross profit | 363,000 | −716,000 | −561,000 | 39,000 | −393,000 | 346,000 |
| Research and development | 14M | 8M | 8M | 7M | 9M | 14M |
| Selling, general and administrative | 10M | 4M | 6M | 7M | 7M | 8M |
| Operating expenses | 24M | 12M | 14M | 14M | 15M | 25M |
| Operating income | −23M | −13M | −15M | −14M | −16M | −25M |
| Interest expense | — | — | — | 7M | — | — |
| Pre-tax income | −25M | −14M | −14M | −29M | −15M | −24M |
| Income tax | 182,000 | 172,000 | 93,000 | 73,000 | 108,000 | 84,000 |
| Net income | −25M | −14M | −14M | −29M | −16M | −24M |
| Earnings per share | −0.08 | −0.05 | −0.06 | −0.12 | −0.07 | −0.11 |
| Earnings per share, diluted | −0.08 | −0.05 | −0.06 | −0.12 | −0.07 | −0.11 |
| Weighted average shares | 309M | 295M | 255M | 236M | 213M | 209M |
| Weighted average shares, diluted | 309M | 295M | 255M | 236M | 213M | 209M |
| 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 | 46M | 32M | 73M | 74M | 52M | 54M | 17M | 27M |
| Receivables | 732,000 | 47,000 | 40,000 |
| Metric | 31/03/2026 | 31/03/2025 |
|---|---|---|
| Operating cash flow | −16M | −14M |
| Depreciation and amortisation | 2M | 1M |
| Share-based compensation | 983,000 | 2M |
| Capital expenditure | 143,000 | 99,000 |
| Investing cash flow | 9M | 3M |
| Financing cash flow | 21M |
Amounts in USD unless stated otherwise. Data: US exchange trading and company filings with the regulator
| 104,000 |
| 252,000 |
| 926,000 |
| 232,000 |
| 2M |
| Inventory | 4M | 745,000 | 8M | 6M | 3M | 2M | 4M | 4M |
| Current assets | 54M | 81M | 115M | 103M | 79M | 82M | 53M | 67M |
| Property, plant and equipment | 17M | 4M | 7M | 7M | 7M | 7M | 8M | 8M |
| Goodwill | 4M | — | — | — | — | — | — | — |
| Total assets | 110M | 103M | 151M | 141M | 117M | 121M | 88M | 103M |
| Current liabilities | 52M | 30M | 40M | 43M | 42M | 46M | 11M | 13M |
| Total liabilities | 71M | 48M | 60M | 64M | 64M | 72M | 22M | 25M |
| Equity | 40M | 56M | 91M | 77M | 53M | 49M | 66M | 79M |
| Shares outstanding | 322M | 307M | 302M | 278M | 245M | 225M | 213M | 212M |
| Shares issued | 322M | 307M | 302M | 278M | 245M | 225M | 213M | 212M |
| 8M |