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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 | 16m | 13m | 19m | 24m | 29m | 25m |
| Cost of revenue | 10m | 8m | 10m | 15m | 16m | 14m |
| Gross profit | 6m | 5m | 9m | 9m | 13m | 11m |
| Research and development | 9m | 9m | 10m | 9m | 6m | 8m |
| Selling, general and administrative | 18m | 14m | 17m | 16m | 12m | 10m |
| Operating expenses | 31m | 26m | 33m | 34m | 26m | 23m |
| Operating income | −25m | −21m | −24m | −25m | −14m | −12m |
| Pre-tax income | −26m | −20m | 121m | −21m | −12m | −16m |
| Income tax | 55,000 | −2,000 | 2m | −6,000 | 44,000 | 67,000 |
| Net income | −26m | −20m | 120m | −21m | −12m | −17m |
| Earnings per share | −0.78 | −0.61 | 3.80 | −0.77 | −0.50 | −0.68 |
| Earnings per share, diluted | −0.78 | −0.61 | 3.72 | −0.77 | −0.50 | −0.68 |
| Weighted average shares | 33m | 33m | 31m | 27m | 25m | 24m |
| Weighted average shares, diluted | 33m | 33m | 32m | 27m | 25m | 24m |
| 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 | 16m | 25m | 20m | 36m | 36m | 19m | 30m | 24m |
| Short-term investments | 33m | 57m |
| Metric | Mar 31, 2026 | Mar 31, 2025 |
|---|---|---|
| Operating cash flow | −26m | −8m |
| Depreciation and amortisation | 3m | 4m |
| Share-based compensation | 4m | 4m |
| Capital expenditure | 8m | 9m |
| Investing cash flow | 16m | −9m |
| Financing cash flow | 21,000 |
Amounts in USD unless stated otherwise. Sources: Nasdaq Trader, Yahoo Finance, U.S. Securities and Exchange Commission (EDGAR)
| 76m |
| 82m |
| — |
| 0 |
| 8m |
| 22m |
| Receivables | 7m | 4m | 6m | 7m | 10m | 12m | 9m | 12m |
| Current assets | 64m | 94m | 113m | 132m | 108m | 92m | 58m | 71m |
| Property, plant and equipment | 84m | 81m | 75m | 69m | 63m | 63m | 68m | 60m |
| Goodwill | 15m | 15m | 15m | 15m | 15m | 15m | 50m | 50m |
| Total assets | 183m | 211m | 224m | 240m | 209m | 194m | 224m | 231m |
| Current liabilities | 69m | 72m | 59m | 54m | 162m | 152m | 144m | 140m |
| Short-term debt | — | 0 | 0 | 0 | 100m | 94m | 92m | 101m |
| Long-term debt | — | — | — | — | — | 5m | 5m | 5m |
| Total liabilities | 92m | 98m | 91m | 90m | 203m | 205m | 193m | 190m |
| Equity | 91m | 113m | 133m | 149m | 4m | −12m | 31m | 40m |
| 38m |