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Company reports as filed with the U.S. Securities and Exchange Commission.
| Metric | 31 Dec 2025 | 31 Dec 2024 |
|---|---|---|
| Revenue | 7M | 11M |
| Cost of revenue | 5M | 5M |
| Gross profit | 2M | 6M |
| Research and development | 61M | 50M |
| Selling, general and administrative | 25M | 24M |
| Operating expenses | 87M | 74M |
| Operating income | −85M | −69M |
| Pre-tax income | −216M | −201M |
| Income tax | 0 | 0 |
| Net income | −216M | −201M |
| Earnings per share | −0.70 | −1.09 |
| Earnings per share, diluted | −0.70 | −1.09 |
| Weighted average shares | 310M | 185M |
| Weighted average shares, diluted | 310M | 185M |
| 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 | 48M | 45M | 26M | 57M | 37M | 68M | 20M | 21M |
| Receivables | 4M | 3M | 2M |
| Metric | 31 Dec 2025 | 31 Dec 2024 |
|---|---|---|
| Operating cash flow | −59M | −51M |
| Depreciation and amortisation | 8M | 7M |
| Share-based compensation | 18M | 13M |
| Capital expenditure | 19M | 11M |
| Investing cash flow | −403M | −78M |
| Financing cash flow | 439M |
Amounts in USD unless stated otherwise. Data: US exchange trading and company filings with the regulator
| 2M |
| 1M |
| 2M |
| 6M |
| 5M |
| Current assets | 432M | 455M | 456M | 434M | 214M | 207M | 104M | 110M |
| Property, plant and equipment | 58M | 57M | 54M | 49M | 46M | 45M | 45M | 46M |
| Total assets | 651M | 667M | 630M | 637M | 269M | 285M | 157M | 162M |
| Current liabilities | 62M | 12M | 12M | 10M | 11M | 12M | 21M | 26M |
| Short-term debt | — | — | — | — | — | 0 | 11M | 13M |
| Long-term debt | — | — | — | — | — | 0 | 2M | 3M |
| Total liabilities | 67M | 120M | 258M | 83M | 62M | 158M | 34M | 40M |
| Equity | 584M | 546M | 372M | 553M | 207M | 127M | 123M | 122M |
| Shares outstanding | 332M | 331M | 325M | 324M | 287M | 284M | 192M | 180M |
| Shares issued | 332M | 331M | 325M | 324M | 287M | 284M | 192M | 180M |
| 175M |