Loading the section
Company reports as filed with the U.S. Securities and Exchange Commission.
| Metric | Mar 31, 2026 | Dec 31, 2025 | Sep 30, 2025 | Mar 31, 2025 | Dec 31, 2024 | Sep 30, 2024 |
|---|---|---|---|---|---|---|
| Revenue | 0 | 0 | 0 | 0 | 0 | 0 |
| Research and development | 31,000 | 136,000 | 191,000 | 2m | 3m | 0 |
| Selling, general and administrative | 2m | 2m | 2m | 1m | 1m | 1m |
| Operating expenses | 8m | 8m | 8m | 9m | 15m | 7m |
| Operating income | −8m | −8m | −8m | −9m | −15m | −7m |
| Net income | −9m | −7m | −9m | −7m | −14m | −7m |
| Earnings per share | −0.42 | −0.33 | −0.47 | −0.46 | −0.99 | −0.42 |
| Earnings per share, diluted | −0.42 | −0.33 | −0.47 | −0.46 | −0.99 | −0.42 |
| Weighted average shares | 22m | 20m | 18m | 15m | 14m | 14m |
| Weighted average shares, diluted | 22m | 20m | 18m | 15m | 14m | 14m |
| 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 | 88m | 83m | 40m | 39m | 26m | 59m | 74m | 75m |
| Current assets | 118m | 106m | 46m |
| Metric | Mar 31, 2026 | Dec 31, 2025 | Sep 30, 2025 | Mar 31, 2025 | Dec 31, 2024 | Sep 30, 2024 |
|---|---|---|---|---|---|---|
| Operating cash flow | — | — | −14m | — | — | −4m |
| Depreciation and amortisation | 2,000 | 2,000 | 2,000 | 23,217 |
Amounts in USD unless stated otherwise. Sources: Nasdaq Trader, Yahoo Finance, U.S. Securities and Exchange Commission (EDGAR)
| 57m |
| 38m |
| 67m |
| 90m |
| 97m |
| Property, plant and equipment | 601,000 | 530,000 | 348,000 | 308,000 | 236,000 | 222,898 | 74,792 | 102,244 |
| Total assets | 672m | 601m | 484m | 446m | 382m | 363m | 381m | 359m |
| Current liabilities | 59m | 53m | 50m | 37m | 34m | 38m | 35m | 28m |
| Long-term debt | 45m | 33m | — | 0 | — | 0 | — | — |
| Total liabilities | 125m | 110m | 69m | 57m | 56m | 54m | 54m | 51m |
| Equity | 396m | 359m | 415m | 288m | 240m | 309m | 327m | 308m |
| Shares outstanding | 23m | 21m | 18m | 17m | 15m | 15m | 14m | 14m |
| Shares issued | 23m | 21m | 18m | 17m | 15m | 15m | 14m | 14m |
| 31,000 |
| 31,000 |
| Share-based compensation | — | — | 215,000 | — | — | 1m |
| Investing cash flow | — | — | −28m | — | — | −14m |
| Financing cash flow | — | — | 38m | — | — | 17m |