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Company reports as filed with the U.S. Securities and Exchange Commission.
| Metric | 31 Dec 2025 | 31 Dec 2024 |
|---|---|---|
| Revenue | 160M | 154M |
| Cost of revenue | 114M | 117M |
| Gross profit | 46M | 37M |
| Research and development | 97M | 135M |
| Selling, general and administrative | 141M | 175M |
| Operating expenses | 600M | 512M |
| Operating income | −554M | −474M |
| Pre-tax income | −546M | −310M |
| Income tax | 318,000 | 316,000 |
| Net income | −546M | −310M |
| Earnings per share | −1.82 | −1.13 |
| Earnings per share, diluted | −1.82 | −1.59 |
| Weighted average shares | 300M | 274M |
| Weighted average shares, diluted | 300M | 288M |
| Metric | 31 Mar 2026 | 31 Dec 2025 | 30 Sept 2025 | 30 Jun 2025 | 31 Mar 2025 | 31 Dec 2024 | 30 Sept 2024 | 30 Jun 2024 |
|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | 56M | 64M | 56M | 55M | 59M | 55M | 78M | 100M |
| Short-term investments | 220M | 216M | 242M |
| Metric | 31 Dec 2025 | 31 Dec 2024 |
|---|---|---|
| Operating cash flow | −111M | −206M |
| Depreciation and amortisation | 13M | 14M |
| Share-based compensation | 42M | 71M |
| Capital expenditure | 3M | 6M |
| Investing cash flow | 115M | 124M |
| Financing cash flow | 3M |
Amounts in USD unless stated otherwise. Data: US exchange trading and company filings with the regulator
| 260M |
| 285M |
| 335M |
| 393M |
| 410M |
| Receivables | 29M | 35M | 31M | 32M | 32M | 28M | 29M | 32M |
| Inventory | 51M | 49M | 53M | 54M | 54M | 59M | 66M | 69M |
| Current assets | 370M | 375M | 394M | 413M | 445M | 496M | 584M | 628M |
| Property, plant and equipment | 24M | 24M | 22M | 23M | 25M | 31M | 32M | 35M |
| Goodwill | 318M | 318M | 318M | 318M | 318M | 318M | 369M | 369M |
| Total assets | 782M | 784M | 803M | 825M | 861M | 1.26B | 1.45B | 1.51B |
| Current liabilities | 65M | 73M | 63M | 60M | 67M | 66M | 60M | 78M |
| Total liabilities | 780M | 779M | 767M | 764M | 769M | 754M | 997M | 1.02B |
| Equity | 2M | 5M | 36M | 61M | 92M | 507M | 453M | 493M |
| Shares outstanding | 310M | 302M | 302M | 300M | 300M | 294M | 274M | 272M |
| Shares issued | 310M | 302M | 302M | 300M | 300M | 294M | 274M | 272M |
| −43M |