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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 | 102m | 106m | 99m | 98m | 100m | 109m |
| Cost of revenue | 72m | 73m | 68m | 70m | 77m | 83m |
| Gross profit | 30m | 32m | 31m | 28m | 23m | 26m |
| Research and development | 36m | 35m | 36m | 34m | 38m | 37m |
| Selling, general and administrative | 18m | 18m | 28m | 22m | 18m | 15m |
| Operating expenses | 77m | 77m | 90m | 82m | 91m | 88m |
| Operating income | −47m | −44m | −59m | −54m | −68m | −63m |
| Interest expense | 274,000 | 8m | 7m | 6m | 9m | 7m |
| Pre-tax income | −42m | −52m | −65m | −56m | −76m | −67m |
| Income tax | 1m | 894,000 | 1m | 622,000 | 2m | 2m |
| Net income | −43m | −52m | −66m | −57m | −78m | −69m |
| Earnings per share | −1.75 | −2.23 | −2.85 | −0.12 | −3.56 | −3.22 |
| Earnings per share, diluted | −1.75 | −2.23 | −2.85 | −0.12 | −3.56 | −3.22 |
| Weighted average shares | 25m | 24m | 23m | 459m | 22m | 21m |
| Weighted average shares, diluted | 25m | 24m | 23m | 459m | 22m | 21m |
| 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 | 96m | 142m | 181m | 194m | 196m | 225m | 220m | 244m |
| Receivables | 81m | 86m | 97m |
| Metric | Apr 30, 2026 | Apr 30, 2025 |
|---|---|---|
| Operating cash flow | −37m | −33m |
| Depreciation and amortisation | 6m | 7m |
| Share-based compensation | 11m | 18m |
| Capital expenditure | 1m | 1m |
| Investing cash flow | −1m | −1m |
| Financing cash flow | −8m |
Amounts in USD unless stated otherwise. Sources: Nasdaq Trader, Yahoo Finance, U.S. Securities and Exchange Commission (EDGAR)
| 96m |
| 99m |
| 96m |
| 112m |
| 111m |
| Inventory | 204m | 215m | 212m | 212m | 212m | 209m | 222m | 229m |
| Current assets | 401m | 462m | 516m | 533m | 554m | 567m | 620m | 653m |
| Property, plant and equipment | 22m | 25m | 27m | 30m | 33m | 35m | 38m | 39m |
| Goodwill | 226m | 228m | 224m | 222m | 221m | 208m | 214m | 214m |
| Total assets | 721m | 792m | 848m | 870m | 898m | 898m | 966m | 1.00bn |
| Current liabilities | 350m | 384m | 326m | 320m | 304m | 294m | 320m | 321m |
| Short-term debt | 16m | 32m | — | — | — | 0 | — | — |
| Long-term debt | 224m | 228m | 322m | 309m | 308m | 297m | 299m | 286m |
| Total liabilities | 730m | 771m | 810m | 800m | 779m | 761m | 785m | 773m |
| Equity | −9m | 21m | 38m | 71m | 119m | 137m | 181m | 231m |
| Shares outstanding | 26m | 24m | 24m | 23m | 462m | 23m | 441m | 431m |
| Shares issued | 26m | 24m | 24m | 23m | 462m | 23m | 441m | 431m |
| 2m |