Loading the section
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 |
|---|---|---|---|---|---|---|
| Research and development | 67m | 59m | 55m | 43m | 33m | 22m |
| Selling, general and administrative | 23m | 15m | 16m | 13m | 13m | 11m |
| Operating expenses | 89m | 74m | 70m | 56m | 46m | 33m |
| Operating income | −89m | −74m | −70m | −56m | −46m | −33m |
| Pre-tax income | −76m | −66m | −62m | −47m | −34m | −26m |
| Income tax | 190,000 | 108,000 | 139,000 | 98,000 | 92,000 | 53,000 |
| Net income | −76m | −66m | −62m | −47m | −34m | −26m |
| Earnings per share | −0.35 | −0.37 | −0.36 | −0.27 | −0.20 | −0.18 |
| Earnings per share, diluted | −0.35 | −0.37 | — | −0.27 | −0.20 | −0.18 |
| Weighted average shares | 217m | 175m | 173m | 172m | 172m | 148m |
| Weighted average shares, diluted | 217m | 175m | — | 172m | 172m | 148m |
| 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 | 316m | 800m | 103m | 147m | 152m | 170m | 172m | 382m |
| Short-term investments | 1.14bn | 647m |
| Metric | Mar 31, 2026 | Mar 31, 2025 |
|---|---|---|
| Operating cash flow | 15m | −52m |
| Depreciation and amortisation | 576,000 | 274,000 |
| Share-based compensation | 12m | 6m |
| Capital expenditure | 1m | 314,000 |
| Investing cash flow | −497m | 34m |
| Financing cash flow | −2m |
Amounts in USD unless stated otherwise. Sources: Nasdaq Trader, Yahoo Finance, U.S. Securities and Exchange Commission (EDGAR)
| 696m |
| 639m |
| 685m |
| 714m |
| 743m |
| 545m |
| Current assets | 1.49bn | 1.57bn | 814m | 799m | 850m | 891m | 924m | 938m |
| Property, plant and equipment | 6m | 7m | 5m | 3m | 4m | 3m | 4m | 3m |
| Total assets | 1.51bn | 1.58bn | 832m | 816m | 867m | 903m | 933m | 947m |
| Current liabilities | 57m | 63m | 58m | 39m | 36m | 36m | 33m | 23m |
| Total liabilities | 61m | 68m | 62m | 44m | 42m | 38m | 36m | 26m |
| Equity | 1.45bn | 1.52bn | 770m | 772m | 825m | 865m | 897m | 921m |
| Shares outstanding | 213m | 213m | 182m | 173m | 173m | 172m | 172m | 172m |
| Shares issued | 213m | 213m | 182m | 173m | 173m | 172m | 172m | 172m |
| 809,000 |