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Company reports as filed with the U.S. Securities and Exchange Commission.
| Metric | Dec 31, 2025 | Dec 31, 2024 |
|---|---|---|
| Revenue | 107m | 102m |
| Research and development | 433,000 | 1m |
| Selling, general and administrative | 87m | 74m |
| Operating income | −47m | −44m |
| Interest expense | 15m | 12m |
| Pre-tax income | −70m | −57m |
| Income tax | 125,000 | 370,000 |
| Net income | −70m | −57m |
| Earnings per share | −2.09 | −2.67 |
| Earnings per share, diluted | −2.09 | −2.67 |
| Metric | Mar 31, 2026 | Dec 31, 2025 | Sep 30, 2025 | Jun 30, 2025 | Mar 31, 2025 | Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 |
|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | 39m | 42m | 29m | 23m | 21m | 13m | 56m | 26m |
| Short-term investments | 76m | 82m |
| Metric | Dec 31, 2025 | Dec 31, 2024 |
|---|---|---|
| Operating cash flow | −28m | −6m |
| Depreciation and amortisation | 30m | 44m |
| Share-based compensation | 14m | 11m |
| Investing cash flow | −87m | −68m |
| Financing cash flow | 144m | 56m |
Amounts in USD unless stated otherwise. Sources: Nasdaq Trader, Yahoo Finance, U.S. Securities and Exchange Commission (EDGAR)
| 118m |
| 71m |
| 55m |
| 39m |
| 7m |
| 16m |
| Receivables | 25m | 34m | 4m | 7m | 8m | 15m | 10m | 8m |
| Inventory | 6m | 6m | 0 | 0 | 0 | 6m | — | — |
| Current assets | 185m | 207m | 201m | 139m | 121m | 107m | 107m | 82m |
| Property, plant and equipment | 96m | 79m | 73m | 77m | 61m | 46m | 47m | 52m |
| Goodwill | 10m | 10m | 10m | 10m | 10m | 10m | 9m | 9m |
| Total assets | 372m | 386m | 381m | 311m | 285m | 254m | 245m | 224m |
| Current liabilities | 54m | 59m | 52m | 37m | 32m | 26m | 19m | 20m |
| Short-term debt | 9m | 8m | 6m | 5m | 4m | 2m | 324,000 | 309,000 |
| Long-term debt | 193m | 193m | 189m | 117m | 112m | 106m | 98m | 108m |
| Total liabilities | 291m | 291m | 290m | 224m | 196m | 160m | 135m | 148m |
| Equity | 81m | 95m | 91m | 87m | 89m | 94m | 110m | 77m |
| Shares outstanding | 37m | 36m | 36m | 35m | 31m | 31m | 30m | 147m |
| Shares issued | 37m | 36m | 36m | 35m | 32m | 31m | 31m | 149m |