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Company reports as filed with the U.S. Securities and Exchange Commission.
| Metric | Dec 31, 2025 | Dec 31, 2024 |
|---|---|---|
| Revenue | 468m | 361m |
| Cost of revenue | 202m | 166m |
| Gross profit | 266m | 195m |
| Selling, general and administrative | 160m | 138m |
| Operating expenses | 393m | 418m |
| Operating income | −127m | −223m |
| Pre-tax income | −141m | −239m |
| Income tax | −4m | 6m |
| Net income | −137m | −245m |
| Earnings per share | −1.58 | −2.93 |
| Earnings per share, diluted | −1.58 | −2.93 |
| Weighted average shares | 87m | 84m |
| Weighted average shares, diluted | 87m | 84m |
| 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 | 61m | 73m | 112m | 109m | 103m | 119m | 149m | 186m |
| Receivables | 41m | 46m | 53m |
| Metric | Dec 31, 2025 | Dec 31, 2024 |
|---|---|---|
| Operating cash flow | 20m | −45m |
| Depreciation and amortisation | 44m | 54m |
| Share-based compensation | 77m | 66m |
| Capital expenditure | 13m | 18m |
| Investing cash flow | −20m | −23m |
| Share buybacks | 20m |
Amounts in USD unless stated otherwise. Sources: Nasdaq Trader, Yahoo Finance, U.S. Securities and Exchange Commission (EDGAR)
| 106m |
| 99m |
| 85m |
| 48m |
| 85m |
| Inventory | 86m | 78m | 86m | 86m | 86m | 90m | 96m | 95m |
| Current assets | 249m | 249m | 284m | 330m | 320m | 323m | 328m | 398m |
| Property, plant and equipment | 44m | 49m | 51m | 51m | 56m | 59m | 63m | 65m |
| Goodwill | 319m | 319m | 319m | 319m | 319m | 319m | 319m | 319m |
| Total assets | 771m | 796m | 808m | 864m | 855m | 865m | 895m | 973m |
| Current liabilities | 147m | 186m | 184m | 213m | 197m | 182m | 169m | 190m |
| Long-term debt | 124m | 124m | 123m | 123m | 123m | 123m | 123m | 123m |
| Total liabilities | 317m | 345m | 343m | 375m | 362m | 348m | 338m | 356m |
| Equity | 454m | 452m | 465m | 488m | 493m | 516m | 557m | 617m |
| Shares outstanding | 90m | 86m | 87m | 87m | 86m | 85m | 84m | 84m |
| Shares issued | 90m | 86m | 87m | 87m | 86m | 85m | 84m | 84m |
| 0 |
| Financing cash flow | −19m | 1m |