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Company reports as filed with the U.S. Securities and Exchange Commission.
| Metric | 31 Mar 2026 | 30 Sept 2025 | 30 Jun 2025 | 31 Mar 2025 | 30 Sept 2024 | 30 Jun 2024 |
|---|---|---|---|---|---|---|
| Revenue | 56M | 5M | 6M | 28M | 5M | 4M |
| Research and development | 47M | 40M | 37M | 36M | 36M | 34M |
| Selling, general and administrative | 13M | 11M | 11M | 12M | 10M | 9M |
| Operating expenses | 60M | 51M | 48M | 48M | 46M | 43M |
| Operating income | −4M | −46M | −42M | −19M | −41M | −39M |
| Pre-tax income | 2M | −39M | −35M | −12M | −34M | −31M |
| Income tax | −2M | 0 | 172,000 | 0 | −420,000 | −676,000 |
| Net income | 4M | −39M | −35M | −12M | −33M | −31M |
| Earnings per share | 0.06 | −0.62 | −0.55 | −0.19 | −0.54 | −0.50 |
| Earnings per share, diluted | 0.05 | −0.62 | −0.55 | −0.19 | −0.54 | −0.50 |
| Weighted average shares | 65M | 64M | 64M | 63M | 62M | 61M |
| Weighted average shares, diluted | 70M | 64M | 64M | 63M | 62M | 61M |
| 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 | 194M | 128M | 114M | 169M | 140M | 97M | 131M | 356M |
| Short-term investments | 354M | 439M |
| Metric | 31 Mar 2026 | 31 Mar 2025 |
|---|---|---|
| Operating cash flow | −49M | 125M |
| Depreciation and amortisation | 407,000 | 239,000 |
| Share-based compensation | 15M | 14M |
| Capital expenditure | 215,000 | 545,000 |
| Investing cash flow | 91M | −94M |
| Financing cash flow | 23M |
Amounts in USD unless stated otherwise. Data: US exchange trading and company filings with the regulator
| 462M |
| 402M |
| 435M |
| 322M |
| 338M |
| 208M |
| Current assets | 613M | 578M | 586M | 603M | 606M | 592M | 477M | 571M |
| Property, plant and equipment | 4M | 4M | 4M | 4M | 4M | 3M | 2M | 2M |
| Total assets | 697M | 668M | 702M | 718M | 742M | 745M | 604M | 615M |
| Current liabilities | 35M | 45M | 45M | 36M | 35M | 47M | 45M | 42M |
| Total liabilities | 42M | 53M | 56M | 50M | 53M | 69M | 72M | 73M |
| Equity | 655M | 615M | 645M | 668M | 689M | 675M | 532M | 541M |
| Shares outstanding | 64M | 63M | 62M | 62M | 62M | 61M | 60M | 59M |
| Shares issued | 64M | 63M | 62M | 62M | 62M | 61M | 60M | 59M |
| 11M |