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Company reports as filed with the U.S. Securities and Exchange Commission.
| Metric | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 |
|---|---|---|---|---|
| Revenue | 81m | 92m | 86m | 71m |
| Cost of revenue | 39m | 47m | 44m | 39m |
| Gross profit | 43m | 44m | 42m | 33m |
| Research and development | 5m | 6m | 6m | 8m |
| Selling, general and administrative | 13m | 16m | 17m | 19m |
| Operating income | 8m | 4m | 3m | −19m |
| Pre-tax income | 8m | 4m | 3m | −20m |
| Income tax | 2m | 68,000 | 70,000 | 161,000 |
| Net income | 6m | 5m | 3m | −20m |
| Earnings per share | 0.02 | 0.01 | 0.01 | −0.06 |
| Earnings per share, diluted | 0.02 | 0.01 | 0.01 | −0.06 |
| Weighted average shares | 379m | 376m | 372m | 312m |
| Weighted average shares, diluted | 379m | 376m | 372m | 312m |
| Metric | Aug 18, 2026 | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2019 | Mar 31, 2018 |
|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | — | 33m | 30m | 23m | 15m | 8m | — | — |
| Receivables | — |
| Metric | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 |
|---|---|---|---|---|
| Operating cash flow | 3m | 9m | 7m | 4m |
| Depreciation and amortisation | 3m | 2m | 985,000 | 839,000 |
| Share-based compensation | 1m | 1m | 3m | 3m |
| Capital expenditure |
Amounts in USD unless stated otherwise. Sources: Nasdaq Trader, Yahoo Finance, U.S. Securities and Exchange Commission (EDGAR)
| 4m |
| 8m |
| 6m |
| — |
| — |
| — |
| — |
| Inventory | — | 4m | 1m | 2m | — | — | — | — |
| Current assets | — | 61m | 56m | 49m | — | — | — | — |
| Property, plant and equipment | — | 2m | 4m | 2m | — | — | — | — |
| Total assets | — | 68m | 65m | 57m | — | — | — | — |
| Current liabilities | — | 37m | 42m | 39m | — | — | — | — |
| Short-term debt | — | 68,000 | 7m | 5m | — | — | — | — |
| Long-term debt | — | 2m | — | — | — | — | — | — |
| Total liabilities | — | 39m | 43m | 41m | — | — | — | — |
| Equity | — | 29m | 22m | 16m | 9m | 20m | — | — |
| Shares outstanding | — | — | — | — | — | — | 232m | 32m |
| Shares issued | — | — | — | — | — | — | 232m | 32m |
| 924,000 |
| 4m |
| 2m |
| 411,000 |
| Investing cash flow | −1m | −4m | −240,000 | −162,000 |
| Financing cash flow | 122,000 | 2m | 3m | 4m |