Loading the section…
Company reports as filed with the U.S. Securities and Exchange Commission.
| Metric | 31/12/2025 | 31/12/2024 | 31/12/2023 | 31/12/2022 |
|---|---|---|---|---|
| Revenue | 13M | 11M | 10M | 9M |
| Cost of revenue | 26M | 22M | 16M | 15M |
| Gross profit | −13M | −11M | −7M | −7M |
| Research and development | 19M | 20M | 26M | 27M |
| Selling, general and administrative | 22M | 22M | 24M | 41M |
| Operating expenses | 65M | 46M | 56M | 111M |
| Operating income | −78M | −57M | −63M | −118M |
| Pre-tax income | −77M | −54M | −61M | −117M |
| Income tax | −2M | −358,000 | −339,000 | −4M |
| Net income | −75M | −54M | −61M | −113M |
| Earnings per share | −1.16 | −0.91 | −1.08 | −2.17 |
| Earnings per share, diluted | −1.16 | −0.91 | −1.08 | −2.17 |
| Weighted average shares | 64,790 | 59M | 56M | 52M |
| Weighted average shares, diluted | 64,790 | 59M | 56M | 52M |
| Metric | 19/08/2026 | 18/08/2026 | 31/12/2025 | 31/12/2024 | 31/12/2023 | 31/12/2022 | 31/12/2021 |
|---|---|---|---|---|---|---|---|
| Cash and equivalents | — | — | 49M | 39M | 56M | — | — |
| Short-term investments | — | — |
| Metric | 31/12/2025 | 31/12/2024 | 31/12/2023 | 31/12/2022 |
|---|---|---|---|---|
| Operating cash flow | −41M | −37M | −45M | −43M |
| Depreciation and amortisation | 1M | 1M | 1M | 905,000 |
| Share-based compensation | 4M | 7M | 7M | 19M |
| Capital expenditure |
Amounts in USD unless stated otherwise. Data: US exchange trading and company filings with the regulator
| — |
| 18M |
| 26M |
| — |
| — |
| Receivables | — | — | 367,000 | 112,000 | 55,000 | — | — |
| Inventory | — | — | 3M | 1M | 2M | — | — |
| Current assets | — | — | 67M | 79M | 89M | — | — |
| Property, plant and equipment | — | — | 30M | 45M | 42M | — | — |
| Goodwill | — | — | 316,000 | — | — | 7M | — |
| Total assets | — | — | 162M | 210M | 219M | 254M | — |
| Current liabilities | — | — | 17M | 14M | 16M | — | — |
| Short-term debt | — | — | 3M | 3M | 3M | — | — |
| Total liabilities | — | — | 22M | 21M | 23M | — | — |
| Equity | — | — | 140M | 189M | 196M | 217M | 292M |
| Shares outstanding | — | — | — | 64M | 58M | — | — |
| Shares issued | — | — | 70M | 64M | 58M | — | — |
| 4M |
| 3M |
| 3M |
| 7M |
| Investing cash flow | 29M | −20M | 35M | 15M |
| Financing cash flow | 21M | 40M | 27M | 804,000 |