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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 | 4m | 2m | 2m | 2m | 0 | 0 |
| Research and development | 2m | 1m | 1m | 2m | 2m | 2m |
| Selling, general and administrative | 13m | 10m | 16m | 14m | 13m | 16m |
| Operating expenses | 46m | 41m | 47m | 39m | 31m | 40m |
| Operating income | −42m | −39m | −46m | −38m | −31m | −40m |
| Interest expense | — | — | — | — | — | 12m |
| Pre-tax income | — | — | — | — | −91m | −48m |
| Income tax | — | — | — | — | 0 | 0 |
| Net income | −33m | −28m | −144m | 9m | −91m | −48m |
| Earnings per share | −0.21 | −0.19 | −0.81 | 0.05 | −0.54 | −0.29 |
| Earnings per share, diluted | −0.21 | −0.31 | −0.81 | 0.05 | −0.54 | −0.29 |
| Weighted average shares | 180m | 180m | 180m | 177m | 167m | 165m |
| Weighted average shares, diluted | 180m | 185m | 180m | 179m | 167m | 165m |
| 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 | 90m | 157m | 234m | 284m | 22m | 16m | 84m | 11m |
| Receivables | 4m | 2m | 2m |
| Metric | Mar 31, 2026 | Sep 30, 2025 | Jun 30, 2025 | Mar 31, 2025 | Sep 30, 2024 | Jun 30, 2024 |
|---|---|---|---|---|---|---|
| Operating cash flow | −43m | — | — | −39m | — | — |
| Depreciation and amortisation | 7m | 7m | 7m | 7m |
Amounts in USD unless stated otherwise. Sources: Nasdaq Trader, Yahoo Finance, U.S. Securities and Exchange Commission (EDGAR)
| 2m |
| 1m |
| 0 |
| — |
| — |
| Inventory | 12m | 9m | 11m | 11m | 9m | 8m | 7m | 6m |
| Current assets | 146m | 198m | 265m | 315m | 50m | 54m | 101m | 32m |
| Property, plant and equipment | 660m | 658m | 656m | 659m | 668m | 674m | 645m | 646m |
| Total assets | 886m | 923m | 989m | 1.04bn | 787m | 798m | 789m | 720m |
| Current liabilities | 86m | 88m | 118m | 147m | 91m | 91m | 58m | 48m |
| Short-term debt | — | — | — | — | — | 13m | 11m | 4m |
| Total liabilities | 569m | 572m | 622m | 650m | 549m | 618m | 547m | 428m |
| Equity | 7m | 46m | 68m | 99m | 238m | 180m | 241m | 292m |
| Shares outstanding | 181m | 180m | 180m | 180m | 180m | 174m | 173m | 165m |
| Shares issued | 181m | 180m | 180m | 180m | 180m | 174m | 173m | 165m |
| 7m |
| 7m |
| Share-based compensation | 3m | — | — | 3m | — | — |
| Capital expenditure | 3m | — | — | 15m | — | — |
| Investing cash flow | −21m | — | — | −15m | — | — |
| Share buybacks | 2m | — | — | 2m | — | — |
| Financing cash flow | −5m | — | — | 50m | — | — |