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Company reports as filed with the U.S. Securities and Exchange Commission.
| Metric | 31 Dec 2025 | 31 Dec 2024 | 31 Dec 2023 | 31 Dec 2022 |
|---|---|---|---|---|
| Revenue | 1M | 932,154 | 620,508 | 560,118 |
| Cost of revenue | 996,701 | 873,861 | 476,610 | 337,565 |
| Gross profit | 49,963 | 58,293 | 143,898 | 222,553 |
| Research and development | 2M | 2M | 636,801 | 640,328 |
| Selling, general and administrative | 4M | 2M | 1M | 766,711 |
| Operating income | −8M | −6M | −3M | −2M |
| Interest expense | — | — | 152,745 | 17,386 |
| Net income | −5M | −11M | −4M | −2M |
| Earnings per share | 0.31 | 0.99 | 0.77 | 0.49 |
| Earnings per share, diluted | 0.31 | 0.99 | 0.77 | 0.49 |
| Weighted average shares | 17M | 11M | 5M | 3M |
| Weighted average shares, diluted | 17M | 11M | 5M | 3M |
| Metric | 18 Aug 2026 | 31 Dec 2025 | 31 Dec 2024 | 31 Dec 2023 | 31 Dec 2022 | 31 Dec 2021 |
|---|---|---|---|---|---|---|
| Cash and equivalents | — | 2M | 4M | 7M | 89,806 | 33,024 |
| Short-term investments | — | 2M | — | — |
| Metric | 31 Dec 2025 | 31 Dec 2024 | 31 Dec 2023 | 31 Dec 2022 |
|---|---|---|---|---|
| Operating cash flow | −6M | −5M | −3M | −2M |
| Depreciation and amortisation | 29,174 | 22,814 | 17,087 | 18,495 |
| Share-based compensation | 1M | 75,357 | 14,815 | 52,286 |
| Capital expenditure |
Amounts in USD unless stated otherwise. Data: US exchange trading and company filings with the regulator
| — |
| Receivables | — | 185,494 | 114,564 | 22,376 | — | — |
| Inventory | — | 204,480 | 394,193 | 264,468 | — | — |
| Current assets | — | 5M | 5M | 8M | — | — |
| Property, plant and equipment | — | 106,224 | 107,906 | 49,981 | — | — |
| Total assets | — | 5M | 6M | 8M | — | — |
| Current liabilities | — | 1M | 1M | 755,086 | — | — |
| Equity | — | 3M | −311,641 | 6M | −2M | −7M |
| Shares outstanding | — | 20M | 13M | 10M | — | — |
| Shares issued | — | 20M | 13M | 10M | — | — |
| 27,804 |
| 80,738 |
| 25,757 |
| 9,725 |
| Investing cash flow | −2M | −148,739 | −25,757 | −9,725 |
| Financing cash flow | 6M | 2M | 10M | 2M |