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Company reports as filed with the U.S. Securities and Exchange Commission.
| Metric | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 |
|---|---|---|---|---|---|
| Revenue | 70m | 249m | 441m | 506m | 473m |
| Cost of revenue | 58m | 202m | 424m | 511m | 369m |
| Gross profit | 12m | 47m | 16m | −6m | 104m |
| Research and development | 3m | 791,129 | 12m | 16m | 26m |
| Selling, general and administrative | 20m | 7m | 22m | 53m | 19m |
| Operating expenses | 29m | 9m | 399m | 202m | 53m |
| Operating income | −17m | −20m | −383m | −207m | 51m |
| Pre-tax income | −16m | −21m | −383m | −208m | 57m |
| Income tax | 339,660 | 2m | 211,267 | −11m | 4m |
| Net income | −16m | −5m | −374m | −199m | 48m |
| Earnings per share | −0.08 | −0.24 | −3.08 | −1.68 | 0.43 |
| Earnings per share, diluted | −0.08 | −0.03 | −3.08 | −1.68 | 0.43 |
| Weighted average shares | 208m | 138m | 121m | 119m | 111m |
| Weighted average shares, diluted | 208m | 138m | 121m | 119m | 111m |
| Metric | Aug 19, 2026 | Aug 18, 2026 | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 |
|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | — | — | 8m | 12m | 18m | 65m | 61m | 21m |
| Short-term investments | — |
| Metric | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 |
|---|---|---|---|---|---|
| Operating cash flow | −10m | 11m | 15m | 94m | 148m |
| Depreciation and amortisation | 45,218 | 6,864 | 40,984 | 60,837 | 78,000 |
| Share-based compensation | 10m |
Amounts in USD unless stated otherwise. Sources: Nasdaq Trader, Yahoo Finance, U.S. Securities and Exchange Commission (EDGAR)
| — |
| 5m |
| 5m |
| 4m |
| 4m |
| — |
| — |
| Receivables | — | — | 22m | 5m | 5m | 17m | — | — |
| Inventory | — | — | — | — | — | 399,439 | — | — |
| Current assets | — | — | 85m | 10m | 122m | 352m | — | — |
| Property, plant and equipment | — | — | 120,929 | 23,866 | 213,369 | 153,880 | — | — |
| Total assets | — | — | 105m | 102m | 152m | 727m | — | — |
| Current liabilities | — | — | 51m | 71m | 163m | 361m | — | — |
| Short-term debt | — | — | 7m | 958,996 | — | — | — | — |
| Total liabilities | — | — | 51m | 10m | 169m | 361m | — | — |
| Equity | — | — | 48m | 24m | −24m | 366m | 373m | 318m |
| Shares outstanding | — | — | — | 169m | 121m | 121m | — | — |
| Shares issued | — | — | — | 169m | 121m | 121m | — | — |
| 6m |
| — |
| — |
| — |
| Capital expenditure | 8,576 | 17,598 | 106,959 | — | 76,280 |
| Investing cash flow | −29m | −2m | −55m | −218m | −145m |
| Financing cash flow | 34m | 760,947 | −7m | 127m | 38m |