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Company reports as filed with the U.S. Securities and Exchange Commission.
| Metric | Apr 30, 2026 | Oct 31, 2025 | Apr 30, 2025 | Jan 31, 2025 | Oct 31, 2024 |
|---|---|---|---|---|---|
| Research and development | 6m | 7m | 5m | 6m | 4m |
| Selling, general and administrative | 2m | 2m | 2m | 1m | 1m |
| Operating expenses | 8m | 8m | 6m | 7m | 5m |
| Operating income | −8m | −8m | −6m | −7m | −5m |
| Net income | −7m | −8m | −6m | −6m | −6m |
| Earnings per share | −0.99 | −4.35 | −1.64 | −2.33 | −32.67 |
| Earnings per share, diluted | −0.99 | −4.35 | −1.64 | −2.33 | −32.67 |
| Weighted average shares | 7m | 2m | 4m | 3m | 177,606 |
| Weighted average shares, diluted | 7m | 2m | 4m | 3m | 177,606 |
| Metric | Apr 30, 2026 | Jan 31, 2026 | Oct 31, 2025 | Aug 31, 2025 | Jul 31, 2025 | Apr 30, 2025 | Jan 31, 2025 | Oct 31, 2024 |
|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | 7m | — | 3m | — | 10m | 12m | 5m | 6m |
| Short-term investments | 16m |
| Metric | Oct 31, 2025 | Apr 30, 2025 | Jan 31, 2025 | Oct 31, 2024 |
|---|---|---|---|---|
| Operating cash flow | −8m | — | — | −7m |
| Depreciation and amortisation | 22,839 | — | — | 22,839 |
| Share-based compensation | 294,686 | 224,815 | 285,093 |
Amounts in USD unless stated otherwise. Sources: Nasdaq Trader, Yahoo Finance, U.S. Securities and Exchange Commission (EDGAR)
| 7m |
| — |
| 7m |
| — |
| — |
| — |
| Current assets | 25m | — | 11m | — | 20m | 15m | 7m | 8m |
| Property, plant and equipment | 348,997 | — | 273,980 | — | 296,819 | 319,658 | 342,497 | 365,336 |
| Total assets | 27m | — | 13m | — | 22m | 17m | 9m | 10m |
| Current liabilities | 4m | — | 3m | — | 4m | 4m | 5m | 5m |
| Equity | 23m | 30m | 9m | — | 17m | 12m | 3m | 4m |
| Shares outstanding | 7m | — | — | 2m | 2m | 7m | 294,694 | 36m |
| Shares issued | 7m | — | — | — | 2m | 7m | — | 36m |
| 266,971 |
| Investing cash flow | −75,000 | — | — | −75,000 |
| Financing cash flow | — | — | — | 12m |