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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 | 8M | 2M | 2M | 2M | 2M | 1M |
| Cost of revenue | 5M | 1M | 1M | 2M | 1M | 1M |
| Gross profit | 3M | 840,388 | 794,679 | 496,807 | 399,487 | 388,440 |
| Research and development | 91,143 | 39,369 | 62,731 | 7,903 | 15,000 | 10,282 |
| Selling, general and administrative | 7M | 5M | 7M | 3M | 1M | 1M |
| Operating expenses | 10M | 6M | 8M | 4M | 2M | 2M |
| Operating income | −7M | −5M | −7M | −3M | −1M | −2M |
| Pre-tax income | 10M | — | — | −3M | — | — |
| Income tax | 0 | — | — | 0 | — | — |
| Net income | 10M | 2M | −7M | −3M | −2M | −2M |
| Earnings per share | 0.22 | 0.05 | −0.32 | −0.21 | −0.30 | −0.16 |
| Earnings per share, diluted | 0.21 | 0.05 | −0.32 | −0.21 | −0.30 | −0.16 |
| Weighted average shares | 47M | 30M | 22M | 16M | 7M | 10M |
| Weighted average shares, diluted | 48M | 31M | 22M | 16M | 7M | 10M |
| 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 | 223M | 103M | 64M | 39M | 5M | 4M | 2M | 2M |
| Short-term investments | — | 39M |
| Metric | 31 Mar 2026 | 30 Sept 2025 | 30 Jun 2025 | 31 Mar 2025 | 30 Sept 2024 | 30 Jun 2024 |
|---|---|---|---|---|---|---|
| Operating cash flow | −17M | — | — | −1M | — | — |
| Depreciation and amortisation | 64,813 | 22,449 | 20,593 | 20,593 |
Amounts in USD unless stated otherwise. Data: US exchange trading and company filings with the regulator
| 17M |
| — |
| — |
| 0 |
| — |
| — |
| Receivables | 3M | 2M | 309,544 | 173,388 | 50,950 | 66,575 | 79,907 | — |
| Inventory | 14M | 5M | 3M | 2M | 1M | 1M | 1M | 2M |
| Current assets | 315M | 160M | 92M | 42M | 7M | 6M | 5M | 5M |
| Property, plant and equipment | 3M | 2M | 2M | 262,979 | 399 | 570 | 741 | 912 |
| Goodwill | 16M | 16M | 7M | 7M | 7M | 7M | — | — |
| Total assets | 340M | 183M | 113M | 52M | 17M | 16M | 25M | 25M |
| Current liabilities | 2M | 3M | 6M | 821,698 | 1M | 933,669 | 2M | 931,200 |
| Total liabilities | 8M | 8M | 7M | 1M | 1M | 1M | 5M | 5M |
| Equity | 332M | 175M | 106M | 51M | 16M | 15M | 19M | 20M |
| Shares outstanding | 48M | 38M | 32M | 25M | 17M | 15M | 6M | 10M |
| Shares issued | 48M | 38M | 32M | 25M | 17M | 15M | 6M | 10M |
| 171 |
| 171 |
| Share-based compensation | 4M | — | — | 2M | — | — |
| Capital expenditure | 698,237 | — | — | 0 | — | — |
| Investing cash flow | −5M | — | — | 0 | — | — |
| Financing cash flow | 142M | — | — | 2M | — | — |