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Company reports as filed with the U.S. Securities and Exchange Commission.
| Metric | 31/03/2026 | 30/09/2025 | 30/06/2025 | 31/03/2025 | 30/09/2024 |
|---|---|---|---|---|---|
| Revenue | 6M | — | — | 0 | — |
| Cost of revenue | 6M | — | — | 0 | — |
| Gross profit | 106,000 | — | — | 0 | — |
| Research and development | 14M | 4M | 3M | 2M | 1M |
| Selling, general and administrative | 21M | 11M | 6M | 7M | 797,000 |
| Operating income | −37M | −16M | −9M | −9M | −2M |
| Pre-tax income | −69M | — | — | 52M | — |
| Income tax | −577,000 | — | — | 0 | — |
| Net income | −67M | −157M | −143M | 52M | −2M |
| Earnings per share | −0.34 | −1.64 | −1.54 | 0.75 | −0.03 |
| Earnings per share, diluted | −0.34 | −1.64 | −1.54 | 0.58 | −0.03 |
| Weighted average shares | 196M | 103M | 93M | 64M | 59M |
| Weighted average shares, diluted | 196M | 103M | 93M | 83M | 59M |
| Metric | 31/03/2026 | 31/12/2025 | 30/09/2025 | 30/06/2025 | 31/03/2025 | 31/12/2024 | 30/09/2024 | 31/08/2024 |
|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | 1.75B | 360M | 258M | 122M | 23M | 17M | 23M | — |
| Receivables | 6M | 4M |
| Metric | 31/03/2026 | 31/03/2025 |
|---|---|---|
| Operating cash flow | −18M | −10M |
| Depreciation and amortisation | 629,000 | 33,000 |
| Share-based compensation | 5M | 1M |
| Capital expenditure | 39M | 2M |
| Investing cash flow | −39M | −3M |
| Financing cash flow | 1.45B |
Amounts in USD unless stated otherwise. Data: US exchange trading and company filings with the regulator
| — |
| — |
| 0 |
| — |
| — |
| Inventory | 28M | 19M | — | — | — | 0 | — | — |
| Current assets | 1.79B | 385M | 259M | 124M | 26M | 22M | 222,948 | — |
| Property, plant and equipment | — | — | — | — | 30M | 27M | — | — |
| Goodwill | 135M | 135M | — | — | — | 0 | — | — |
| Total assets | 2.13B | 695M | 323M | 180M | 77M | 69M | 269M | — |
| Current liabilities | 49M | 38M | 16M | 8M | 7M | 7M | 3M | — |
| Total liabilities | 246M | 192M | 369M | 286M | 97M | 15M | 16M | — |
| Equity | 1.88B | 494M | −59M | −132M | −53M | 34M | 40M | — |
| Shares outstanding | 218M | 148M | 114M | 96M | 82M | 60M | — | 82M |
| Shares issued | — | 148M | — | — | 82M | 60M | — | — |
| 20M |