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Company reports as filed with the U.S. Securities and Exchange Commission.
| Metric | 31/12/2025 | 31/12/2024 |
|---|---|---|
| Revenue | 100M | 80M |
| Cost of revenue | 23M | 21M |
| Gross profit | 77M | 59M |
| Research and development | 28M | 24M |
| Selling, general and administrative | 19M | 17M |
| Operating expenses | 94M | 81M |
| Operating income | −16M | −22M |
| Net income | −21M | −27M |
| Earnings per share | −0.66 | −0.93 |
| Earnings per share, diluted | −0.66 | −0.93 |
| Weighted average shares | 33M | 29M |
| Weighted average shares, diluted | 33M | 29M |
| 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 | 15M | 22M | 21M | 23M | 27M | 13M | 15M | 13M |
| Short-term investments | 39M | 39M | 39M |
| Metric | 31/12/2025 | 31/12/2024 |
|---|---|---|
| Operating cash flow | −11M | −18M |
| Depreciation and amortisation | 238,000 | 207,000 |
| Share-based compensation | 11M | 10M |
| Capital expenditure | 332,000 | 306,000 |
| Investing cash flow | −332,000 | 9M |
| Share buybacks | 50M |
Amounts in USD unless stated otherwise. Data: US exchange trading and company filings with the regulator
| 39M |
| 39M |
| 39M |
| 41M |
| 43M |
| Receivables | 15M | 15M | 15M | 14M | 15M | 13M | 12M | 11M |
| Inventory | 17M | 17M | 18M | 16M | 14M | 13M | 12M | 11M |
| Current assets | 87M | 94M | 95M | 94M | 97M | 81M | 83M | 80M |
| Property, plant and equipment | 1M | 1M | 1M | 1M | 1M | 1M | 1M | 998,000 |
| Total assets | 99M | 106M | 107M | 106M | 110M | 95M | 96M | 94M |
| Current liabilities | 16M | 18M | 20M | 17M | 15M | 15M | 15M | 13M |
| Long-term debt | 59M | 59M | 59M | 59M | 60M | 60M | 59M | 59M |
| Total liabilities | 84M | 87M | 89M | 87M | 86M | 87M | 86M | 85M |
| Equity | 14M | 19M | 19M | 19M | 24M | 8M | 10M | 10M |
| Shares outstanding | 34M | 34M | 33M | 33M | 33M | 30M | 30M | 29M |
| Shares issued | 34M | 34M | 33M | 33M | 33M | 30M | 30M | 29M |
| 0 |
| Financing cash flow | 20M | 4M |