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Company reports as filed with the U.S. Securities and Exchange Commission.
| Metric | Mar 31, 2026 | Sep 30, 2025 | Jun 30, 2025 | Mar 31, 2025 | Sep 30, 2024 | Jun 30, 2024 |
|---|---|---|---|---|---|---|
| Revenue | 15m | 14m | 14m | 17m | 9m | 7m |
| Research and development | 81m | 95m | 97m | 108m | 123m | 114m |
| Selling, general and administrative | 35m | 31m | 27m | 29m | 31m | 32m |
| Operating expenses | 116m | 125m | 124m | 137m | 154m | 146m |
| Operating income | −101m | −111m | −110m | −121m | −145m | −139m |
| Net income | −96m | −101m | −101m | −114m | −136m | −147m |
| Earnings per share | −0.81 | −0.92 | −0.98 | −1.10 | −1.34 | −1.52 |
| Earnings per share, diluted | −0.81 | −0.92 | −0.98 | −1.10 | −1.34 | −1.52 |
| Weighted average shares | 118m | 110m | 104m | 104m | 101m | 97m |
| Weighted average shares, diluted | 118m | 110m | 104m | 104m | 101m | 97m |
| 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 | 135m | 155m | 193m | 156m | 127m | 189m | 120m | 131m |
| Short-term investments | 241m | 294m |
| Metric | Mar 31, 2026 | Sep 30, 2025 | Jun 30, 2025 | Mar 31, 2025 | Sep 30, 2024 | Jun 30, 2024 |
|---|---|---|---|---|---|---|
| Operating cash flow | −117m | — | — | −149m | — | — |
| Depreciation and amortisation | 2m | 2m | 3m | 2m |
Amounts in USD unless stated otherwise. Sources: Nasdaq Trader, Yahoo Finance, U.S. Securities and Exchange Commission (EDGAR)
| 318m |
| 303m |
| 377m |
| 412m |
| 538m |
| 560m |
| Receivables | 9m | 9m | 11m | 11m | 11m | 9m | 9m | 12m |
| Current assets | 466m | 528m | 582m | 496m | 551m | 640m | 711m | 757m |
| Property, plant and equipment | 16m | 18m | 20m | 23m | 25m | 27m | 29m | 30m |
| Total assets | 759m | 842m | 925m | 899m | 986m | 1.19bn | 1.17bn | 1.19bn |
| Current liabilities | 76m | 104m | 94m | 95m | 113m | 111m | 106m | 105m |
| Total liabilities | 138m | 171m | 177m | 184m | 206m | 319m | 211m | 220m |
| Equity | 621m | 671m | 748m | 715m | 780m | 872m | 963m | 971m |
| Shares outstanding | 120m | 116m | 116m | 105m | 104m | 102m | 102m | 98m |
| Shares issued | 120m | 116m | 116m | 105m | 104m | 102m | 102m | 98m |
| 3m |
| 3m |
| Share-based compensation | 13m | — | — | 22m | — | — |
| Capital expenditure | 79,000 | — | — | 735,000 | — | — |
| Investing cash flow | 66m | — | — | 94m | — | — |
| Financing cash flow | 34m | — | — | 0 | — | — |