Loading the section
Company reports as filed with the U.S. Securities and Exchange Commission.
| Metric | Dec 31, 2025 | Dec 31, 2024 |
|---|---|---|
| Revenue | 616m | 329m |
| Cost of revenue | 101m | 38m |
| Research and development | 160m | 94m |
| Selling, general and administrative | 232m | 154m |
| Operating expenses | 493m | 287m |
| Operating income | 123m | 42m |
| Pre-tax income | 107m | 26m |
| Income tax | −340m | 2m |
| Net income | 447m | 23m |
| Earnings per share | 3.10 | 0.16 |
| Earnings per share, diluted | 2.77 | 0.15 |
| Weighted average shares | 144m | 145m |
| Weighted average shares, diluted | 161m | 160m |
| 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 | 442m | 79m | 74m | 129m | 132m | 180m | 196m | 83m |
| Short-term investments | 72m | 63m |
| Metric | Dec 31, 2025 | Dec 31, 2024 |
|---|---|---|
| Operating cash flow | −25m | −41m |
| Depreciation and amortisation | 59,000 | 68,000 |
| Share-based compensation | 65m | 43m |
| Capital expenditure | 214,000 | 45,000 |
| Investing cash flow | 14m | −1m |
| Financing cash flow | −90m |
Amounts in USD unless stated otherwise. Sources: Nasdaq Trader, Yahoo Finance, U.S. Securities and Exchange Commission (EDGAR)
| 58m |
| 123m |
| 144m |
| 131m |
| 145m |
| 134m |
| Receivables | 392m | 306m | 265m | 232m | 190m | 129m | 116m | 84m |
| Inventory | 129m | 126m | 147m | 155m | 158m | 110m | 85m | 81m |
| Current assets | 1.09bn | 631m | 600m | 664m | 645m | 566m | 574m | 389m |
| Total assets | 1.53bn | 1.06bn | 1.03bn | 703m | 657m | 578m | 586m | 401m |
| Current liabilities | 187m | 154m | 157m | 172m | 160m | 91m | 125m | 109m |
| Long-term debt | 745m | 246m | 245m | 245m | 245m | 244m | 244m | 103m |
| Total liabilities | 946m | 415m | 418m | 426m | 419m | 355m | 394m | 224m |
| Equity | 583m | 648m | 607m | 276m | 237m | 222m | 192m | 178m |
| Shares outstanding | 153m | 155m | 155m | 158m | 158m | 156m | 156m | 155m |
| Shares issued | 160m | 159m | 159m | 159m | 159m | 156m | 156m | 155m |
| Treasury shares | 7m | 4m | 4m | 761,098 | 567,598 | 367,903 | 133,610 | 41,309 |
| 129m |