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Company reports as filed with the U.S. Securities and Exchange Commission.
| Metric | Dec 31, 2025 | Dec 31, 2024 |
|---|---|---|
| Revenue | 2.50bn | 1.80bn |
| Cost of revenue | 1.41bn | 1.01bn |
| Research and development | 46m | 18m |
| Selling, general and administrative | 523m | 339m |
| Operating expenses | 2.48bn | 1.71bn |
| Operating income | 25m | 87m |
| Income tax | −17m | 23m |
| Net income | 16m | 68m |
| Earnings per share | −1.36 | 0.47 |
| Earnings per share, diluted | −1.36 | 0.47 |
| Weighted average shares | 115m | 91m |
| Weighted average shares, diluted | 115m | 91m |
| 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 | 344m | 289m | 313m | — | 219m | 176m | 184m | — |
| Receivables | 141m | 177m |
| Metric | Dec 31, 2025 | Dec 31, 2024 |
|---|---|---|
| Operating cash flow | 99m | 70m |
| Depreciation and amortisation | 17m | 15m |
| Share-based compensation | 97m | 0 |
| Capital expenditure | 20m | 20m |
| Investing cash flow | −40m | −20m |
| Share buybacks | 0 |
Amounts in USD unless stated otherwise. Sources: Nasdaq Trader, Yahoo Finance, U.S. Securities and Exchange Commission (EDGAR)
| 106m |
| — |
| — |
| 107m |
| — |
| — |
| Inventory | 300m | 295m | 269m | — | — | 264m | — | — |
| Current assets | 807m | 793m | 718m | — | — | 558m | — | — |
| Property, plant and equipment | 46m | 41m | 39m | — | — | 35m | — | — |
| Goodwill | 38m | 38m | 26m | — | — | 26m | — | — |
| Total assets | 967m | 948m | 843m | — | — | 664m | — | — |
| Current liabilities | 330m | 339m | 279m | — | — | 258m | — | — |
| Total liabilities | 358m | 367m | 302m | — | — | 285m | — | — |
| Equity | 610m | 581m | 541m | 155m | 132m | 109m | 94m | 79m |
| 3m |
| Financing cash flow | 54m | −3m |