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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 | 3.82bn | 4.27bn | 5.53bn | 7.11bn |
| Cost of revenue | 3.33bn | 3.95bn | 4.85bn | 6.12bn |
| Gross profit | 490m | 44m | 684m | 990m |
| Research and development | 121m | 25m | 277m | 383m |
| Selling, general and administrative | 138m | 204m | 238m | 288m |
| Operating expenses | 485m | 123m | 848m | 1.19bn |
| Operating income | 5m | −79m | −164m | −199m |
| Pre-tax income | 1m | −39m | 68m | −149m |
| Income tax | 28m | 2m | 1m | 3m |
| Net income | −29m | −307m | 36m | −75m |
| Earnings per share | −0.96 | −1.36 | 1.11 | −2.36 |
| Earnings per share, diluted | −0.96 | −9.95 | 1.11 | −2.36 |
| Weighted average shares | 30m | 31m | 32m | 32m |
| Weighted average shares, diluted | 30m | 31m | 32m | 32m |
| Metric | Aug 19, 2026 | Aug 18, 2026 | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 |
|---|---|---|---|---|---|---|---|
| Cash and equivalents | — | — | 1.76bn | 139m | 4.44bn | 4.04bn | 4.47bn |
| Receivables | — | — | 78m |
| Metric | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 |
|---|---|---|---|---|
| Operating cash flow | −52m | −33m | −48m | −68m |
| Depreciation and amortisation | 2m | 6m | 6m | 12m |
| Share-based compensation | — | — | — | 67m |
Amounts in USD unless stated otherwise. Sources: Nasdaq Trader, Yahoo Finance, U.S. Securities and Exchange Commission (EDGAR)
| 49m |
| 73m |
| 109m |
| — |
| Current assets | — | — | 2.63bn | 612m | 6.69bn | — | — |
| Property, plant and equipment | — | — | 5m | 971,796 | 14m | — | — |
| Total assets | — | — | 3.12bn | 746m | 8.07bn | — | — |
| Current liabilities | — | — | 1.13bn | 1.23bn | 1.38bn | — | — |
| Total liabilities | — | — | 1.13bn | 1.24bn | 1.38bn | — | — |
| Equity | — | — | 1.99bn | 577m | 6.69bn | 6.56bn | 6.26bn |
| Shares outstanding | — | — | 30m | 30m | 32m | — | — |
| Shares issued | — | — | 30m | 30m | 35m | — | — |
| Treasury shares | — | — | — | 0 | 3m | — | — |
| Capital expenditure | 290,883 | 709,859 | 5m | 6m |
| Investing cash flow | 2.97bn | −147m | 414m | −609m |
| Dividends paid | 2.15bn | 2.10bn | — | — |
| Financing cash flow | −2.15bn | −302m | −965 | −109m |