Loading the section
Company reports as filed with the U.S. Securities and Exchange Commission.
| Metric | Feb 28, 2026 | Aug 31, 2025 | May 31, 2025 | Feb 28, 2025 | Aug 31, 2024 | May 31, 2024 |
|---|---|---|---|---|---|---|
| Revenue | 6m | 8m | 44m | 18m | 13m | 12m |
| Research and development | 84m | 86m | 78m | 70m | 55m | 49m |
| Selling, general and administrative | 15m | 13m | 14m | 12m | 12m | 12m |
| Operating expenses | 99m | 99m | 92m | 81m | 67m | 61m |
| Operating income | −92m | −91m | −48m | −63m | −55m | −49m |
| Pre-tax income | — | −86m | −43m | −56m | −49m | −44m |
| Income tax | — | 0 | 760,000 | 0 | 82,000 | 90,000 |
| Net income | −87m | −86m | −43m | −56m | −49m | −45m |
| Earnings per share | −0.79 | −1.03 | −0.52 | −0.67 | −0.67 | −0.71 |
| Earnings per share, diluted | −0.79 | −1.03 | −0.52 | −0.67 | −0.67 | −0.71 |
| Weighted average shares | 110m | 84m | 84m | 84m | 73m | 62m |
| Weighted average shares, diluted | 110m | 84m | 84m | 84m | 73m | 62m |
| Metric | Feb 28, 2026 | Nov 30, 2025 | Aug 31, 2025 | May 31, 2025 | Feb 28, 2025 | Nov 30, 2024 | Aug 31, 2024 | May 31, 2024 |
|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | 71m | 247m | 78m | 84m | 76m | 110m | 99m | 117m |
| Receivables | — |
| Metric | Feb 28, 2026 | Feb 28, 2025 |
|---|---|---|
| Operating cash flow | −72m | −61m |
| Depreciation and amortisation | 2m | 2m |
| Share-based compensation | 9m | 9m |
| Capital expenditure | 1m | 3m |
| Investing cash flow | −124m | 26m |
| Financing cash flow | 20m |
Amounts in USD unless stated otherwise. Sources: Nasdaq Trader, Yahoo Finance, U.S. Securities and Exchange Commission (EDGAR)
| — |
| 19m |
| — |
| 0 |
| — |
| — |
| Current assets | 554m | 607m | 441m | 515m | 564m | 619m | 456m | 450m |
| Property, plant and equipment | 22m | 22m | 20m | 19m | 18m | 18m | 17m | 19m |
| Total assets | 636m | 688m | 522m | 592m | 615m | 669m | 514m | 511m |
| Current liabilities | 92m | 86m | 82m | 76m | 90m | 96m | 86m | 81m |
| Total liabilities | 155m | 149m | 150m | 144m | 134m | 142m | 137m | 140m |
| Equity | 481m | 539m | 372m | 448m | 481m | 527m | 377m | 371m |
| Shares outstanding | 103m | 102m | 77m | 76m | 76m | 76m | 67m | 64m |
| Shares issued | 103m | 102m | 77m | 76m | 76m | 76m | 67m | 64m |
| 1m |