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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 | 60m | 51m | 49m | 33m | 33m | 29m |
| Cost of revenue | 7m | 5m | 6m | 4m | 4m | 3m |
| Research and development | 42m | 46m | 42m | 37m | 38m | 30m |
| Selling, general and administrative | 64m | 52m | 46m | 39m | 35m | 36m |
| Operating expenses | 112m | 104m | 94m | 80m | 77m | 70m |
| Operating income | −52m | −53m | −45m | −47m | −44m | −40m |
| Pre-tax income | −55m | −53m | −46m | −49m | −44m | −32m |
| Income tax | 545,000 | 111,000 | 337,000 | 80,000 | −344,000 | 479,000 |
| Net income | −56m | −53m | −47m | −49m | −44m | −32m |
| Earnings per share | −0.83 | −0.82 | −0.75 | −0.81 | −0.73 | −0.55 |
| Earnings per share, diluted | −0.83 | −0.82 | −0.75 | −0.81 | −0.73 | −0.55 |
| Weighted average shares | 68m | 66m | 64m | 63m | 61m | 61m |
| Weighted average shares, diluted | 68m | 66m | 64m | 63m | 61m | 61m |
| 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 | 62m | 54m | 52m | 136m | 106m | 89m | 48m | 162m |
| Short-term investments | 278m | 335m |
| Metric | Mar 31, 2026 | Mar 31, 2025 |
|---|---|---|
| Operating cash flow | −44m | −40m |
| Share-based compensation | 23m | 13m |
| Investing cash flow | 57m | 25m |
| Financing cash flow | −5m | 32m |
Amounts in USD unless stated otherwise. Sources: Nasdaq Trader, Yahoo Finance, U.S. Securities and Exchange Commission (EDGAR)
| 364m |
| 155m |
| 208m |
| 231m |
| 251m |
| 157m |
| Receivables | 34m | 26m | 33m | 26m | 18m | 19m | 19m | 18m |
| Inventory | 29m | 26m | 22m | 19m | 19m | 19m | 14m | 12m |
| Current assets | 430m | 467m | 495m | 361m | 369m | 374m | 340m | 357m |
| Property, plant and equipment | 1m | 1m | 237,000 | 297,000 | 462,000 | 632,000 | 801,000 | 973,000 |
| Total assets | 442m | 480m | 507m | 373m | 387m | 392m | 364m | 382m |
| Current liabilities | 103m | 106m | 104m | 129m | 112m | 116m | 98m | 55m |
| Short-term debt | 10m | 7m | 6m | 4m | 2m | 2m | — | — |
| Long-term debt | 98m | 101m | 103m | 106m | 108m | 108m | — | — |
| Total liabilities | 205m | 210m | 211m | 239m | 224m | 228m | 211m | 202m |
| Equity | 123m | 139m | 149m | −12m | 19m | 22m | 11m | 39m |
| Shares outstanding | 68m | 67m | 67m | 64m | 63m | 62m | 61m | 61m |
| Shares issued | 68m | 67m | 67m | 64m | 63m | 62m | 61m | 61m |