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Company reports as filed with the U.S. Securities and Exchange Commission.
| Metric | Dec 31, 2025 | Dec 31, 2024 |
|---|---|---|
| Revenue | 335m | 304m |
| Cost of revenue | 318m | 260m |
| Gross profit | 17m | 44m |
| Research and development | 20m | 6m |
| Selling, general and administrative | 171m | 71m |
| Operating income | −230m | −42m |
| Pre-tax income | −252m | −116m |
| Income tax | −25m | −2m |
| Net income | −227m | −114m |
| Earnings per share | −2.28 | −2.35 |
| Earnings per share, diluted | −2.28 | −2.35 |
| Weighted average shares | 120m | 66m |
| Weighted average shares, diluted | 120m | 66m |
| 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 | 145m | 95m | 54m | 79m | 54m | 49m | 43m | 31m |
| Receivables | 24m | 37m | 32m |
| Metric | Dec 31, 2025 | Dec 31, 2024 |
|---|---|---|
| Operating cash flow | −177m | −17m |
| Depreciation and amortisation | 33m | 12m |
| Share-based compensation | 59m | 11m |
| Capital expenditure | 13m | 6m |
| Investing cash flow | −175m | −7m |
| Financing cash flow | 397m |
Amounts in USD unless stated otherwise. Sources: Nasdaq Trader, Yahoo Finance, U.S. Securities and Exchange Commission (EDGAR)
| 37m |
| 15m |
| 22m |
| 23m |
| 22m |
| Inventory | 69m | 56m | 53m | 59m | 2m | 2m | 2m | 2m |
| Current assets | 321m | 253m | 211m | 245m | 142m | 126m | 127m | 105m |
| Goodwill | 776m | 779m | 800m | 789m | 72m | 71m | 73m | 65m |
| Total assets | 1.51bn | 1.45bn | 1.45bn | 1.51bn | 314m | 293m | 290m | 260m |
| Current liabilities | 183m | 156m | 150m | 167m | 119m | 149m | 131m | 107m |
| Short-term debt | 5m | 5m | 6m | 5m | 780,000 | 1m | 2m | 780,000 |
| Long-term debt | 83m | 80m | 185m | 185m | 104m | 124m | 122m | 95m |
| Total liabilities | 347m | 312m | 413m | 449m | 247m | 345m | 278m | 230m |
| Equity | 1.09bn | 1.06bn | 928m | 908m | −68m | −189m | −96m | −78m |
| Shares outstanding | 199m | 192m | 155m | 143m | 77m | 67m | 67m | 66m |
| Shares issued | 199m | 192m | 155m | 143m | 77m | 67m | 67m | 66m |
| Treasury shares | 1m | 1m | 903,925 | 729,295 | 728,739 | 728,739 | 614,654 | 373,420 |
| 44m |