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Company reports as filed with the U.S. Securities and Exchange Commission.
| Metric | Apr 30, 2026 | Oct 31, 2025 | Jul 31, 2025 | Apr 30, 2025 | Oct 31, 2024 | Jul 31, 2024 |
|---|---|---|---|---|---|---|
| Revenue | 100m | 108m | 96m | 86m | 83m | 64m |
| Cost of revenue | 42m | 44m | 39m | 34m | 33m | 25m |
| Gross profit | 59m | 65m | 56m | 52m | 50m | 39m |
| Research and development | 58m | 61m | 60m | 59m | 58m | 57m |
| Selling, general and administrative | 20m | 19m | 18m | 19m | 17m | 18m |
| Operating expenses | 78m | 81m | 78m | 77m | 76m | 75m |
| Operating income | −19m | −16m | −22m | −26m | −26m | −36m |
| Pre-tax income | −17m | −14m | −20m | −24m | −23m | −34m |
| Income tax | 760,000 | 933,000 | 253,000 | 645,000 | 652,000 | 747,000 |
| Net income | −18m | −15m | −20m | −24m | −24m | −35m |
| Earnings per share | −0.41 | −0.35 | −0.47 | −0.58 | −0.58 | −0.85 |
| Earnings per share, diluted | −0.41 | −0.35 | −0.47 | −0.58 | −0.58 | −0.85 |
| Weighted average shares | 44m | 43m | 43m | 42m | 41m | 41m |
| Weighted average shares, diluted | 44m | 43m | 43m | 42m | 41m | 41m |
| Metric | Apr 30, 2026 | Jan 31, 2026 | Oct 31, 2025 | Jul 31, 2025 | Apr 30, 2025 | Jan 31, 2025 | Oct 31, 2024 | Jul 31, 2024 |
|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | 114m | 191m | 174m | 143m | 141m | 145m | 127m | 154m |
| Receivables | 39m | 39m | 42m |
| Metric | Apr 30, 2026 | Apr 30, 2025 |
|---|---|---|
| Operating cash flow | −26m | 15m |
| Depreciation and amortisation | 6m | 7m |
| Share-based compensation | 22m | 26m |
| Capital expenditure | 4m | 5m |
| Investing cash flow | −46m | −16m |
| Share buybacks | 2m |
Amounts in USD unless stated otherwise. Sources: Nasdaq Trader, Yahoo Finance, U.S. Securities and Exchange Commission (EDGAR)
| 43m |
| 30m |
| 30m |
| 34m |
| 23m |
| Inventory | 80m | 52m | 39m | 34m | 39m | 34m | 37m | 31m |
| Current assets | 405m | 410m | 384m | 344m | 336m | 321m | 304m | 280m |
| Property, plant and equipment | 13m | 12m | 11m | 10m | 10m | 9m | 10m | 9m |
| Goodwill | 304m | 304m | 304m | 4m | 304m | 304m | 304m | 304m |
| Total assets | 795m | 799m | 752m | 706m | 702m | 689m | 671m | 650m |
| Current liabilities | 167m | 178m | 144m | 126m | 125m | 121m | 107m | 91m |
| Total liabilities | 189m | 204m | 162m | 130m | 129m | 128m | 116m | 103m |
| Equity | 606m | 595m | 590m | 577m | 573m | 561m | 554m | 548m |
| Shares outstanding | 44m | 43m | 43m | 43m | 42m | 42m | 42m | 41m |
| Shares issued | 44m | 43m | 43m | 43m | 42m | 42m | 42m | 41m |
| 1m |
| Financing cash flow | −5m | −2m |