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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 | 8m | 2m | 2m | 2m | 2m | 1m |
| Cost of revenue | 5m | 1m | 1m | 2m | 1m | 1m |
| Gross profit | 3m | 840,388 | 794,679 | 496,807 | 399,487 | 388,440 |
| Research and development | 91,143 | 39,369 | 62,731 | 7,903 | 15,000 | 10,282 |
| Selling, general and administrative | 7m | 5m | 7m | 3m | 1m | 1m |
| Operating expenses | 10m | 6m | 8m | 4m | 2m | 2m |
| Operating income | −7m | −5m | −7m | −3m | −1m | −2m |
| Pre-tax income | 10m | — | — | −3m | — | — |
| Income tax | 0 | — | — | 0 | — | — |
| Net income | 10m | 2m | −7m | −3m | −2m | −2m |
| Earnings per share | 0.22 | 0.05 | −0.32 | −0.21 | −0.30 | −0.16 |
| Earnings per share, diluted | 0.21 | 0.05 | −0.32 | −0.21 | −0.30 | −0.16 |
| Weighted average shares | 47m | 30m | 22m | 16m | 7m | 10m |
| Weighted average shares, diluted | 48m | 31m | 22m | 16m | 7m | 10m |
| 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 | 223m | 103m | 64m | 39m | 5m | 4m | 2m | 2m |
| Short-term investments | — | 39m |
| Metric | Mar 31, 2026 | Sep 30, 2025 | Jun 30, 2025 | Mar 31, 2025 | Sep 30, 2024 | Jun 30, 2024 |
|---|---|---|---|---|---|---|
| Operating cash flow | −17m | — | — | −1m | — | — |
| Depreciation and amortisation | 64,813 | 22,449 | 20,593 | 20,593 |
Amounts in USD unless stated otherwise. Sources: Nasdaq Trader, Yahoo Finance, U.S. Securities and Exchange Commission (EDGAR)
| 17m |
| — |
| — |
| 0 |
| — |
| — |
| Receivables | 3m | 2m | 309,544 | 173,388 | 50,950 | 66,575 | 79,907 | — |
| Inventory | 14m | 5m | 3m | 2m | 1m | 1m | 1m | 2m |
| Current assets | 315m | 160m | 92m | 42m | 7m | 6m | 5m | 5m |
| Property, plant and equipment | 3m | 2m | 2m | 262,979 | 399 | 570 | 741 | 912 |
| Goodwill | 16m | 16m | 7m | 7m | 7m | 7m | — | — |
| Total assets | 340m | 183m | 113m | 52m | 17m | 16m | 25m | 25m |
| Current liabilities | 2m | 3m | 6m | 821,698 | 1m | 933,669 | 2m | 931,200 |
| Total liabilities | 8m | 8m | 7m | 1m | 1m | 1m | 5m | 5m |
| Equity | 332m | 175m | 106m | 51m | 16m | 15m | 19m | 20m |
| Shares outstanding | 48m | 38m | 32m | 25m | 17m | 15m | 6m | 10m |
| Shares issued | 48m | 38m | 32m | 25m | 17m | 15m | 6m | 10m |
| 171 |
| 171 |
| Share-based compensation | 4m | — | — | 2m | — | — |
| Capital expenditure | 698,237 | — | — | 0 | — | — |
| Investing cash flow | −5m | — | — | 0 | — | — |
| Financing cash flow | 142m | — | — | 2m | — | — |