Loading the section
Company reports as filed with the U.S. Securities and Exchange Commission.
| Metric | Dec 31, 2025 | Dec 31, 2024 |
|---|---|---|
| Revenue | 2.19bn | 1.67bn |
| Cost of revenue | 263m | 208m |
| Gross profit | 1.92bn | 1.47bn |
| Research and development | 935m | 310m |
| Selling, general and administrative | 512m | 177m |
| Operating expenses | 2.96bn | 1.53bn |
| Operating income | −1.04bn | −62m |
| Pre-tax income | −1.01bn | −23m |
| Income tax | 831,000 | 3m |
| Net income | −1.01bn | −25m |
| Earnings per share | −4.27 | −0.39 |
| Earnings per share, diluted | −4.27 | −0.39 |
| Weighted average shares | 236m | 65m |
| Weighted average shares, diluted | 236m | 65m |
| 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 | 608m | 466m | 445m | 868m | 318m | 338m | 271m | 295m |
| Receivables | 294m | 258m | 238m |
| Metric | Dec 31, 2025 | Dec 31, 2024 |
|---|---|---|
| Operating cash flow | 53m | 64m |
| Depreciation and amortisation | 30m | 25m |
| Share-based compensation | 1.07bn | 30m |
| Capital expenditure | 20m | 5m |
| Investing cash flow | −290m | 46m |
| Share buybacks | 78m |
Amounts in USD unless stated otherwise. Sources: Nasdaq Trader, Yahoo Finance, U.S. Securities and Exchange Commission (EDGAR)
| 230m |
| — |
| 216m |
| — |
| — |
| Current assets | 1.74bn | 1.76bn | 1.76bn | 1.74bn | — | 1.29bn | — | — |
| Property, plant and equipment | — | — | 86m | 89m | — | 93m | — | — |
| Total assets | 1.95bn | 1.96bn | 1.96bn | 1.90bn | — | 1.46bn | — | — |
| Current liabilities | 344m | 388m | 356m | 360m | — | 375m | — | — |
| Total liabilities | 509m | 563m | 519m | 474m | — | 502m | — | — |
| Equity | 1.44bn | 1.40bn | 1.44bn | 1.43bn | −1.91bn | −1.93bn | −1.92bn | −1.91bn |
| Shares outstanding | — | 0 | 0 | 0 | — | 67m | — | — |
| Shares issued | — | 0 | 0 | 0 | — | 67m | — | — |
| 950,000 |
| Financing cash flow | 368m | 456,000 |