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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 | 62M | 58M | 124M | 151M |
| Cost of revenue | 43M | 42M | 95M | 99M |
| Gross profit | 19M | 17M | 29M | 52M |
| Research and development | 20M | 20M | 21M | 21M |
| Selling, general and administrative | 5M | 4M | 4M | 4M |
| Operating expenses | 31M | 30M | 57M | 32M |
| Operating income | −12M | −13M | −29M | 20M |
| Pre-tax income | −11M | −11M | −27M | 22M |
| Income tax | 871,000 | 2M | −889,000 | 4M |
| Net income | −11M | −14M | −26M | 18M |
| Earnings per share | −2.01 | −2.28 | −3.94 | 2.73 |
| Earnings per share, diluted | −2.01 | −2.28 | −3.94 | 2.69 |
| Weighted average shares | 6M | 6M | 7M | 7M |
| Weighted average shares, diluted | 6M | 6M | 7M | 7M |
| Metric | 19 Aug 2026 | 18 Aug 2026 | 31 Dec 2025 | 31 Dec 2024 | 31 Dec 2023 | 31 Dec 2022 | 31 Dec 2021 |
|---|---|---|---|---|---|---|---|
| Cash and equivalents | — | — | 35M | 51M | 47M | 31M | 29M |
| Short-term investments | — | — | 7M |
| Metric | 31 Dec 2025 | 31 Dec 2024 | 31 Dec 2023 | 31 Dec 2022 |
|---|---|---|---|---|
| Operating cash flow | −2M | 18M | 32M | −4M |
| Depreciation and amortisation | 2M | 2M | 2M | 2M |
| Share-based compensation | 3M | 3M | 3M | 4M |
| Capital expenditure |
Amounts in USD unless stated otherwise. Data: US exchange trading and company filings with the regulator
| 21M |
| 8M |
| — |
| — |
| Receivables | — | — | 9M | 12M | 25M | — | — |
| Inventory | — | — | 53M | 41M | 52M | — | — |
| Current assets | — | — | 113M | 130M | 135M | — | — |
| Property, plant and equipment | — | — | 3M | 3M | 4M | — | — |
| Total assets | — | — | 152M | 150M | 168M | — | — |
| Current liabilities | — | — | 27M | 15M | 13M | — | — |
| Total liabilities | — | — | 35M | 23M | 19M | — | — |
| Equity | — | — | 117M | 128M | 148M | 179M | 158M |
| Shares outstanding | — | — | 6M | 6M | 6M | — | — |
| Shares issued | — | — | 8M | 8M | 8M | — | — |
| Treasury shares | — | — | 2M | 2M | 1M | — | — |
| 1M |
| 932,000 |
| 1M |
| 2M |
| Investing cash flow | −12M | −4M | −8M | 8M |
| Share buybacks | 2M | 10M | 9M | 3M |
| Financing cash flow | −2M | −10M | −8M | −1M |