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Company reports as filed with the U.S. Securities and Exchange Commission.
| Metric | Mar 31, 2026 | Sep 30, 2025 | Jun 30, 2025 | Mar 31, 2025 | Sep 30, 2024 | Jun 30, 2024 |
|---|---|---|---|---|---|---|
| Revenue | 333m | 274m | 250m | 228m | 199m | 177m |
| Cost of revenue | 69m | 84m | 28m | 19m | 19m | 40m |
| Gross profit | 265m | 190m | 222m | 209m | 180m | 138m |
| Research and development | 173m | 681m | 83m | 70m | 104m | 536m |
| Selling, general and administrative | 104m | 371m | 39m | 30m | 44m | 220m |
| Operating expenses | 402m | 1.33bn | 220m | 169m | 227m | 1.03bn |
| Operating income | −137m | −1.14bn | 2m | 40m | −47m | −894m |
| Pre-tax income | −142m | −1.11bn | 39m | 47m | −29m | −884m |
| Income tax | 678,000 | −10m | 11m | 2m | −14m | −56m |
| Net income | −142m | −1.10bn | 28m | 45m | −16m | −828m |
| Earnings per share | −0.27 | −2.72 | 0.00 | 0.04 | −0.07 | −4.39 |
| Earnings per share, diluted | −0.27 | −2.72 | 0.00 | 0.04 | −0.07 | −4.39 |
| Weighted average shares | 523m | 403m | 215m | 215m | 211m | 189m |
| Weighted average shares, diluted | 523m | 403m | 232m | 231m | 211m | 189m |
| 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 | 406m | 403m | 340m | 622m | 619m | 487m | 416m | 586m |
| Short-term investments | 1.23bn | 1.25bn |
| Metric | Mar 31, 2026 | Mar 31, 2025 |
|---|---|---|
| Operating cash flow | 97m | 97m |
| Depreciation and amortisation | 6m | 2m |
| Share-based compensation | 169m | 197,000 |
| Capital expenditure | 8m | 874,000 |
| Investing cash flow | −7m | 41m |
| Financing cash flow | −88m |
Amounts in USD unless stated otherwise. Sources: Nasdaq Trader, Yahoo Finance, U.S. Securities and Exchange Commission (EDGAR)
| 1.24bn |
| 972m |
| — |
| 971m |
| — |
| — |
| Receivables | 188m | 248m | 156m | 125m | — | 131m | — | — |
| Current assets | 1.94bn | 2.00bn | 1.84bn | 1.81bn | — | 1.64bn | — | — |
| Property, plant and equipment | 31m | 20m | 18m | 17m | — | 15m | — | — |
| Goodwill | 101m | 101m | 25m | 25m | — | 11m | — | — |
| Total assets | 2.29bn | 2.35bn | 2.07bn | 2.03bn | — | 1.79bn | — | — |
| Current liabilities | 774m | 776m | 622m | 547m | — | 447m | — | — |
| Total liabilities | 834m | 838m | 685m | 607m | — | 469m | — | — |
| Equity | 1.46bn | 1.51bn | 1.39bn | 1.43bn | 1.37bn | 1.32bn | 1.17bn | 862m |
| 339,000 |