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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 | 14m | 2m | 4m | 4m | 4m | 8m |
| Research and development | 10m | 10m | 11m | 13m | 13m | 14m |
| Selling, general and administrative | 7m | 7m | 8m | 8m | 7m | 8m |
| Operating expenses | 22m | 20m | 20m | 23m | 24m | 24m |
| Operating income | −8m | −18m | −16m | −19m | −20m | −16m |
| Pre-tax income | −7m | −18m | −16m | −18m | −19m | −16m |
| Income tax | 442,000 | −1m | 119,000 | −106,000 | −3m | −2m |
| Net income | −8m | −17m | −16m | −18m | −16m | −14m |
| Earnings per share | −0.06 | −0.14 | −0.15 | −0.17 | −0.16 | −0.13 |
| Earnings per share, diluted | −0.06 | −0.14 | −0.15 | −0.17 | −0.16 | −0.13 |
| Weighted average shares | 128m | 115m | 106m | 106m | 102m | 101m |
| Weighted average shares, diluted | 128m | 115m | 106m | 106m | 102m | 101m |
| 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 | 29m | 26m | 29m | 18m | 11m | 28m | 28m | 21m |
| Receivables | 13m | 7m | 3m |
| Metric | Mar 31, 2026 | Mar 31, 2025 |
|---|---|---|
| Operating cash flow | −5m | −16m |
| Depreciation and amortisation | 606,000 | 5m |
| Share-based compensation | 3m | 4m |
| Capital expenditure | 167,000 | 209,000 |
| Investing cash flow | 8m | −878,000 |
| Financing cash flow | 0 |
Amounts in USD unless stated otherwise. Sources: Nasdaq Trader, Yahoo Finance, U.S. Securities and Exchange Commission (EDGAR)
| 3m |
| 6m |
| 5m |
| 3m |
| 7m |
| Current assets | 65m | 65m | 66m | 48m | 54m | 68m | 67m | 67m |
| Property, plant and equipment | 9m | 9m | 13m | 14m | 15m | 15m | 16m | 17m |
| Goodwill | 84m | 84m | 84m | 84m | 84m | 84m | 84m | 84m |
| Total assets | 294m | 301m | 310m | 296m | 306m | 326m | 332m | 337m |
| Current liabilities | 14m | 16m | 13m | 13m | 11m | 15m | 14m | 14m |
| Total liabilities | 31m | 34m | 32m | 34m | 33m | 38m | 40m | 43m |
| Equity | 263m | 267m | 277m | 262m | 274m | 288m | 292m | 294m |
| Shares outstanding | 145m | 144m | 144m | 123m | 122m | 122m | 120m | 118m |
| Shares issued | 145m | 144m | 144m | 123m | 122m | 122m | 120m | 118m |
| 44,000 |