Loading the section
Company reports as filed with the U.S. Securities and Exchange Commission.
| Metric | Dec 31, 2025 | Dec 31, 2024 |
|---|---|---|
| Revenue | 18m | 24m |
| Cost of revenue | 10m | 14m |
| Research and development | 688,000 | 1m |
| Selling, general and administrative | 8m | 10m |
| Operating expenses | 8m | 12m |
| Operating income | −12m | −14m |
| Pre-tax income | −13m | −15m |
| Income tax | −28,000 | 30,000 |
| Net income | −5m | −15m |
| Earnings per share | −52.87 | −45,711.05 |
| Earnings per share, diluted | −52.87 | −45,711.05 |
| Weighted average shares | 184,067 | 557 |
| Weighted average shares, diluted | 184,067 | 557 |
| 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 | 10m | 7m | 5m | 3m | 1m | 4m | 5m | 1m |
| Receivables | 5m | 4m | 3m |
| Metric | Dec 31, 2025 | Dec 31, 2024 |
|---|---|---|
| Operating cash flow | −8m | −14m |
| Share-based compensation | 421,000 | 380,000 |
| Capital expenditure | 61,000 | 141,000 |
| Investing cash flow | −505,000 | −139,000 |
| Financing cash flow | 11m | 17m |
Amounts in USD unless stated otherwise. Sources: Nasdaq Trader, Yahoo Finance, U.S. Securities and Exchange Commission (EDGAR)
| 4m |
| 4m |
| 2m |
| 2m |
| 2m |
| Inventory | 4m | 4m | 3m | 3m | 3m | 2m | 2m | 3m |
| Current assets | 21m | 18m | 23m | 12m | 11m | 12m | 16m | 13m |
| Property, plant and equipment | 2m | 2m | 2m | 3m | 3m | 3m | 3m | 3m |
| Total assets | 30m | 27m | 32m | 22m | 21m | 22m | 26m | 24m |
| Current liabilities | 8m | 7m | 11m | 15m | 16m | 10m | 14m | 16m |
| Short-term debt | — | — | — | 3m | 4m | 2m | 2m | 2m |
| Long-term debt | — | — | — | — | — | 5m | 6m | 6m |
| Total liabilities | 9m | 9m | 11m | 17m | 18m | 18m | 23m | 25m |
| Equity | 21m | 16m | 18m | 6m | 4m | 4m | 3m | −955,000 |
| Shares outstanding | 769,788 | 510,384 | — | 458,650 | 3m | 2,285 | 29m | 9m |
| Shares issued | 769,788 | 510,384 | — | 458,650 | 3m | 2,285 | 29m | 9m |