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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 |
|---|---|---|---|---|
| Revenue | 228m | 231m | 340m | 322m |
| Cost of revenue | 96m | 119m | 158m | 138m |
| Gross profit | 131m | 112m | 182m | 185m |
| Research and development | 13m | 14m | 42m | 55m |
| Selling, general and administrative | 42m | 93m | 107m | 52m |
| Operating expenses | 121m | 190m | 276m | 229m |
| Operating income | 10m | −78m | −94m | −45m |
| Pre-tax income | 11m | −141m | −89m | 23m |
| Income tax | 21,000 | 64,000 | −42,000 | 361,000 |
| Net income | 11m | −141m | −89m | 23m |
| Earnings per share | 0.01 | −0.13 | −0.09 | 0.02 |
| Earnings per share, diluted | 0.01 | −0.13 | −0.09 | 0.02 |
| Weighted average shares | 1.06bn | 1.05bn | 1.04bn | 1.03bn |
| Weighted average shares, diluted | 1.06bn | 1.05bn | 1.04bn | 1.03bn |
| Metric | Aug 19, 2026 | Aug 18, 2026 | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 |
|---|---|---|---|---|---|---|---|
| Cash and equivalents | — | — | 102m | 37m | 41m | 143m | 97m |
| Short-term investments | — | — | 2m |
| Metric | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 |
|---|---|---|---|---|
| Operating cash flow | 19m | −33m | −122m | −5m |
| Depreciation and amortisation | 2m | 2m | 2m | 2m |
| Share-based compensation | 13,000 | −178,000 | 5m | 14m |
| Capital expenditure |
Amounts in USD unless stated otherwise. Sources: Nasdaq Trader, Yahoo Finance, U.S. Securities and Exchange Commission (EDGAR)
| 55m |
| 75m |
| — |
| — |
| Receivables | — | — | 62m | 66m | 139m | — | — |
| Current assets | — | — | 190m | 175m | 272m | — | — |
| Property, plant and equipment | — | — | 4m | 6m | 7m | — | — |
| Total assets | — | — | 297m | 276m | 459m | — | — |
| Current liabilities | — | — | 157m | 146m | 170m | — | — |
| Total liabilities | — | — | 168m | 158m | 197m | — | — |
| Equity | — | — | 129m | 118m | 252m | 345m | 307m |
| Treasury shares | — | — | 3m | 3m | 13m | — | — |
| 149,000 |
| 444,000 |
| 5m |
| 1m |
| Investing cash flow | 48m | 32m | 20m | 43m |
| Financing cash flow | 10m | −4m | 481,000 | 5m |