Loading the section
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 | 3m | 687,000 | 642,000 | 440,465 | 222,000 | 468,000 |
| Cost of revenue | 12m | 5m | 4m | 2m | 378,000 | 326,000 |
| Gross profit | −9m | −4m | −3m | −1m | −156,000 | 142,000 |
| Research and development | 19m | 13m | 9m | 7m | 5m | 6m |
| Selling, general and administrative | 15m | 13m | 8m | 5m | 2m | 2m |
| Operating expenses | 43m | 30m | 20m | 14m | 8m | 9m |
| Operating income | −52m | −35m | −23m | −15m | −8m | −9m |
| Pre-tax income | −50m | — | — | −13m | — | — |
| Income tax | −648,000 | 0 | 0 | 0 | 0 | 0 |
| Net income | −49m | −33m | −21m | −13m | −8m | −9m |
| Earnings per share | −0.65 | −0.54 | −0.36 | −0.23 | −0.20 | −0.27 |
| Earnings per share, diluted | −0.65 | −0.54 | −0.36 | −0.23 | −0.20 | −0.27 |
| Weighted average shares | 75m | 61m | 58m | 56m | 41m | 34m |
| Weighted average shares, diluted | 75m | 61m | 58m | 56m | 41m | 34m |
| 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 | 47m | 106m | 117m | 117m | 198m | 123m | 51m | 29m |
| Receivables | 4m | 851,000 | 805,000 |
| Metric | Mar 31, 2026 | Mar 31, 2025 | Sep 30, 2024 | Jun 30, 2024 |
|---|---|---|---|---|
| Operating cash flow | −41m | −9m | — | — |
| Depreciation and amortisation | 6m | 474,632 | 9,060 | 9,577 |
| Share-based compensation | 7m | 4m | — |
Amounts in USD unless stated otherwise. Sources: Nasdaq Trader, Yahoo Finance, U.S. Securities and Exchange Commission (EDGAR)
| 656,000 |
| 381,455 |
| 87,000 |
| 13,099 |
| 93,132 |
| Inventory | — | 0 | 0 | 0 | 0 | 310,000 | 327,363 | 709,289 |
| Current assets | 201m | 241m | 220m | 187m | 200m | 125m | 55m | 31m |
| Property, plant and equipment | 57m | 47m | 30m | 19m | 14m | 12m | 5m | 819,244 |
| Goodwill | 28m | 16m | 12m | 5m | — | 0 | — | — |
| Total assets | 341m | 368m | 299m | 214m | 217m | 140m | 61m | 33m |
| Current liabilities | 20m | 13m | 13m | 6m | 5m | 7m | 5m | 4m |
| Total liabilities | 23m | 17m | 15m | 7m | 6m | 8m | 5m | 4m |
| Equity | 318m | 351m | 284m | 207m | 210m | 132m | 56m | 28m |
| Shares outstanding | 76m | 75m | 68m | 59m | 57m | 51m | 43m | 37m |
| Shares issued | 76m | 75m | 68m | 59m | 57m | 51m | 43m | 37m |
| Capital expenditure | 1m | 3m | — | — |
| Investing cash flow | −20m | −3m | — | — |
| Financing cash flow | 2m | 87m | — | — |