ZLAB: financial statements from SEC

Income statement

Metric	Mar 31, 2026	Sep 30, 2025	Jun 30, 2025	Mar 31, 2025	Sep 30, 2024	Jun 30, 2024
Revenue	100m	116m	110m	106m	102m	101m
Cost of revenue	38m	47m	43m	38m	37m	35m
Research and development	66m	48m	51m	61m	66m	62m
Selling, general and administrative	65m	70m	71m	63m	67m	80m
Operating income	−69m	−49m	−55m	−56m	−68m	−76m
Pre-tax income	−50m	−36m	−41m	−48m	−42m	−80m
Income tax	1m	0	0	0	0	0
Net income	−51m	−36m	−41m	−48m	−42m	−80m
Earnings per share	−0.05	−0.03	−0.04	−0.04	−0.04	−0.08
Earnings per share, diluted	−0.05	−0.03	−0.04	−0.04	−0.04	−0.08
Weighted average shares	1.11bn	1.10bn	1.09bn	1.08bn	982m	976m
Weighted average shares, diluted	1.11bn	1.10bn	1.09bn	1.08bn	982m	976m

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	651m	680m	717m	732m	757m	450m	616m	630m
Short-term investments	10m	10m	0	0	0	330m	0	0
Receivables	54m	106m	85m	88m	77m	85m	50m	70m
Inventory	86m	75m	67m	62m	53m	40m	40m	42m
Current assets	945m	1.02bn	1.03bn	1.03bn	1.04bn	1.05bn	861m	870m
Property, plant and equipment	47m	47m	49m	50m	50m	48m	51m	51m
Total assets	1.10bn	1.17bn	1.16bn	1.16bn	1.17bn	1.19bn	985m	987m
Current liabilities	393m	416m	360m	332m	320m	299m	286m	252m
Short-term debt	214m	205m	203m	175m	173m	132m	113m	70m
Total liabilities	434m	457m	399m	372m	363m	345m	318m	283m
Equity	662m	716m	760m	792m	811m	841m	668m	704m
Shares outstanding	1.11bn	1.11bn	1.11bn	1.10bn	1.08bn	1.08bn	984m	981m
Shares issued	1.12bn	1.11bn	1.11bn	1.10bn	1.09bn	1.08bn	989m	986m
Treasury shares	9m	7m	7m	5m	5m	5m	5m	5m

Metric	Mar 31, 2026	Mar 31, 2025
Operating cash flow	−12m	−62m
Depreciation and amortisation	4m	3m
Share-based compensation	14m	16m
Capital expenditure	1m	2m
Investing cash flow	−22m	326m
Financing cash flow	6m	43m