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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 | 2M | 3M | 1M |
| Cost of revenue | 713,000 | 1M | 2M | 829,000 |
| Gross profit | −74,000 | 614,000 | 752,000 | 364,000 |
| Research and development | 19M | 19M | 23M | 21M |
| Selling, general and administrative | 8M | 10M | 8M | 6M |
| Operating income | −31M | −33M | −34M | −29M |
| Net income | −29M | −35M | −34M | −25M |
| Earnings per share | −0.01 | −0.30 | −1.08 | −1.44 |
| Earnings per share, diluted | −0.01 | −0.30 | −1.08 | −1.44 |
| Weighted average shares | 4.01B | 118M | 31M | 17M |
| Metric | 18 Aug 2026 | 31 Dec 2025 | 31 Dec 2024 | 31 Dec 2023 | 31 Dec 2022 | 31 Dec 2021 |
|---|---|---|---|---|---|---|
| Cash and equivalents | — | 14M | 13M | 17M | 19M | 9M |
| Inventory | — | 4M | 5M | 5M | — | — |
| Metric | 31 Dec 2025 | 31 Dec 2024 | 31 Dec 2023 | 31 Dec 2022 |
|---|---|---|---|---|
| Operating cash flow | −29M | −34M | −35M | −28M |
| Capital expenditure | 7,000 | 79,000 | 128,000 | 62,000 |
| Investing cash flow | −7,000 | −84,000 | 10M | −5M |
| Financing cash flow |
Amounts in USD unless stated otherwise. Data: US exchange trading and company filings with the regulator
| Current assets | — | 20M | 22M | 24M | — | — |
| Property, plant and equipment | — | 154,000 | 229,000 | 248,000 | — | — |
| Total assets | — | 21M | 24M | 27M | — | — |
| Current liabilities | — | 8M | 12M | 15M | — | — |
| Equity | — | 12M | 11M | 11M | 27M | 12M |
| 32M |
| 31M |
| 22M |
| 42M |