Loading the section
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 | 530m | 269m | 211m | 652m |
| Cost of revenue | 489m | 354m | 452m | 421m |
| Gross profit | 41m | −84m | −241m | 230m |
| Research and development | 63m | 61m | 65m | 82m |
| Selling, general and administrative | 68m | 72m | 71m | 88m |
| Operating expenses | 153m | 143m | 170m | 187m |
| Operating income | −112m | −227m | −411m | 43m |
| Pre-tax income | −207m | −172m | −465m | 88m |
| Income tax | 3m | 77m | −51m | 18m |
| Net income | −210m | −250m | −414m | 70m |
| Earnings per share | −2.99 | −6.13 | −16.06 | 2.73 |
| Earnings per share, diluted | −2.99 | −6.13 | −16.06 | 2.71 |
| Weighted average shares | 7.04bn | 4.07bn | 2.58bn | 2.56bn |
| Weighted average shares, diluted | 7.04bn | 4.07bn | 2.58bn | 2.58bn |
| Metric | Aug 19, 2026 | Aug 18, 2026 | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 |
|---|---|---|---|---|---|---|---|
| Receivables | — | — | 19m | 2m | 3m | — | — |
| Inventory | — | — |
| Metric | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 |
|---|---|---|---|---|
| Operating cash flow | −271m | −199m | −124m | −183m |
| Share-based compensation | 23m | 31m | 42m | 63m |
| Capital expenditure | 25m | 19m | 3m | 18m |
| Investing cash flow |
Amounts in USD unless stated otherwise. Sources: Nasdaq Trader, Yahoo Finance, U.S. Securities and Exchange Commission (EDGAR)
| 181m |
| 95m |
| 142m |
| — |
| — |
| Current assets | — | — | 433m | 334m | 364m | — | — |
| Property, plant and equipment | — | — | 44m | 40m | 29m | — | — |
| Total assets | — | — | 603m | 463m | 493m | — | — |
| Current liabilities | — | — | 131m | 179m | 135m | — | — |
| Short-term debt | — | — | 29m | 17m | — | — | — |
| Long-term debt | — | — | 24m | 7m | — | — | — |
| Total liabilities | — | — | 166m | 197m | 145m | — | — |
| Equity | — | — | 437m | 266m | 348m | 608m | 542m |
| Shares outstanding | — | — | — | 4.61bn | 3.51bn | — | — |
| Shares issued | — | — | — | 5.59bn | 3.77bn | — | — |
| Treasury shares | — | — | 367m | 229m | 257m | — | — |
| 57m |
| 61m |
| 40m |
| −8m |
| Share buybacks | 5m | — | — | 37m |
| Financing cash flow | 198m | 140m | 90m | −56m |