Loading the section
Company reports as filed with the U.S. Securities and Exchange Commission.
| Metric | Dec 31, 2025 | Dec 31, 2024 |
|---|---|---|
| Research and development | 1m | 75,000 |
| Selling, general and administrative | 32m | 78,000 |
| Operating expenses | 34m | 153,000 |
| Operating income | −34m | −153,000 |
| Pre-tax income | 540m | −24,000 |
| Income tax | — | 10,000 |
| Net income | 540m | −34,000 |
| Earnings per share | 9.74 | — |
| Earnings per share, diluted | 9.74 | — |
| Weighted average shares | 55m | 48m |
| Weighted average shares, diluted | 55m | 48m |
| Metric | Dec 31, 2025 | Sep 30, 2025 | Jun 30, 2025 | Mar 31, 2025 | Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Dec 31, 2023 |
|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | 103m | 2m | — | — | 69,000 | 14,000 | — | 2,000 |
| Receivables | 4,000 |
| Metric | Dec 31, 2025 | Dec 31, 2024 |
|---|---|---|
| Operating cash flow | −10m | −42,000 |
| Depreciation and amortisation | 10,000 | — |
| Share-based compensation | 20m | — |
| Investing cash flow | −108,000 | — |
| Financing cash flow | 112m | 112,000 |
Amounts in USD unless stated otherwise. Sources: Nasdaq Trader, Yahoo Finance, U.S. Securities and Exchange Commission (EDGAR)
| — |
| — |
| — |
| — |
| — |
| — |
| — |
| Current assets | 106m | 4m | — | — | 134,000 | — | — | — |
| Property, plant and equipment | 102,000 | 98,000 | — | — | — | — | — | — |
| Total assets | 106m | 4m | — | — | 134,000 | — | — | — |
| Current liabilities | 3m | 7m | — | — | 53,000 | — | — | — |
| Total liabilities | 200m | 8m | — | — | 166,000 | — | — | — |
| Equity | −94m | −4m | −2m | −1m | −32,000 | 64,000 | 19,000 | — |
| Shares outstanding | 110m | — | — | — | 48m | — | — | — |
| Shares issued | 110m | — | — | — | 48m | — | — | — |