Loading the section
Company reports as filed with the U.S. Securities and Exchange Commission.
| Metric | Mar 31, 2026 | Dec 31, 2025 | Sep 30, 2025 | Mar 31, 2025 | Dec 31, 2024 | Sep 30, 2024 |
|---|---|---|---|---|---|---|
| Revenue | 167,000 | 198,000 | 316,000 | 427,000 | 185,000 | 326,000 |
| Cost of revenue | 111,000 | 112,000 | 201,000 | 291,000 | 74,000 | 126,000 |
| Gross profit | 56,000 | 86,000 | 115,000 | 136,000 | 111,000 | 200,000 |
| Research and development | 4m | 4m | 4m | 3m | 3m | 3m |
| Selling, general and administrative | 3m | 3m | 3m | 2m | 2m | 3m |
| Operating income | −7m | −7m | −6m | −5m | −5m | −5m |
| Pre-tax income | −6m | −7m | −6m | −6m | −3m | −6m |
| Income tax | −8,000 | −8,000 | −8,000 | — | — | — |
| Net income | −6m | −7m | −6m | −6m | −3m | −6m |
| Earnings per share | −0.55 | −0.71 | −0.65 | −0.94 | −0.53 | −1.08 |
| Earnings per share, diluted | −0.55 | −0.71 | −0.65 | −0.94 | −0.53 | −1.08 |
| Weighted average shares | 10m | 9m | 9m | 7m | 6m | 5m |
| Weighted average shares, diluted | 10m | 9m | 9m | 7m | 6m | 5m |
| 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 | 3m | 5m | 4m | 6m | 8m | 8m | 4m | 8m |
| Current assets | 10m | 14m | 17m |
| Metric | Sep 30, 2025 | Sep 30, 2024 |
|---|---|---|
| Operating cash flow | −5m | −4m |
| Depreciation and amortisation | 130,000 | 65,000 |
| Share-based compensation | 1m | 558,000 |
| Capital expenditure | 116,000 | 208,000 |
| Investing cash flow | 4m | 585,000 |
Amounts in USD unless stated otherwise. Sources: Nasdaq Trader, Yahoo Finance, U.S. Securities and Exchange Commission (EDGAR)
| 22m |
| 27m |
| 22m |
| 27m |
| 31m |
| Property, plant and equipment | — | 2m | 2m | 2m | 2m | 911,000 | 846,000 | 688,000 |
| Goodwill | 3m | 3m | 3m | 3m | — | — | — | — |
| Total assets | 26m | 31m | 34m | 39m | 37m | 31m | 35m | 40m |
| Current liabilities | 32m | 32m | 32m | 32m | 6m | 4m | 5m | 4m |
| Equity | −19m | −15m | −6m | −7m | −4m | −3m | −63,000 | 5m |
| Shares outstanding | 10m | 10m | 8m | 8m | 8m | 6m | 6m | 5m |
| Shares issued | 10m | 10m | 8m | 8m | 8m | 6m | 6m | 5m |