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Company reports as filed with the U.S. Securities and Exchange Commission.
| Metric | 31 Dec 2025 | 31 Dec 2024 |
|---|---|---|
| Research and development | 794M | 477M |
| Selling, general and administrative | 129M | 93M |
| Operating expenses | 924M | 570M |
| Operating income | −924M | −570M |
| Net income | −767M | −464M |
| Earnings per share | −5.63 | −3.80 |
| Earnings per share, diluted | −5.63 | −3.80 |
| Weighted average shares | 136M | 122M |
| Weighted average shares, diluted | 136M | 122M |
| 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 | 261M | 174M | 281M | 307M | 347M | 388M | 1.05B | 519M |
| Short-term investments | 1.48B | 1.39B |
| Metric | 31 Dec 2025 | 31 Dec 2024 |
|---|---|---|
| Operating cash flow | −656M | −453M |
| Depreciation and amortisation | 16M | 7M |
| Share-based compensation | 139M | 85M |
| Capital expenditure | 14M | 22M |
| Investing cash flow | 437M | −2.01B |
| Financing cash flow | 2M |
Amounts in USD unless stated otherwise. Data: US exchange trading and company filings with the regulator
| 1.43B |
| 1.35B |
| 1.32B |
| 1.36B |
| 1.13B |
| 934M |
| Current assets | 1.81B | 1.63B | 1.77B | 1.72B | 1.72B | 1.79B | 2.21B | 1.48B |
| Property, plant and equipment | 261M | 257M | 253M | 242M | 217M | 198M | 163M | 126M |
| Total assets | 3.35B | 3.00B | 3.17B | 3.31B | 3.38B | 3.51B | 3.56B | 2.09B |
| Current liabilities | 242M | 206M | 200M | 154M | 97M | 140M | 124M | 83M |
| Total liabilities | 352M | 317M | 279M | 234M | 178M | 205M | 142M | 101M |
| Equity | 3.00B | 2.69B | 2.89B | 3.07B | 3.20B | 3.31B | 3.42B | 1.99B |
| Shares outstanding | 144M | 131M | 130M | 130M | 129M | 125M | 124M | 111M |
| Shares issued | 144M | 131M | 130M | 130M | 129M | 125M | 124M | 111M |
| 2.45B |