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 |
|---|---|---|---|---|
| Research and development | 72m | 60m | 65m | 49m |
| Operating income | −127m | −61m | −102m | −98m |
| Pre-tax income | 203m | −781m | −83m | −94m |
| Income tax | −30m | 45,000 | −23m | — |
| Net income | 233m | −781m | −60m | −94m |
| Earnings per share | 2.63 | −38.46 | −3.13 | −5.26 |
| Earnings per share, diluted | −0.57 | −38.46 | −3.13 | −5.26 |
| Metric | Aug 18, 2026 | Dec 31, 2025 | Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 |
|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | — | 69m | 23m | 43m | 67m | 49m | 63m | 213m |
| Receivables | — | 29m |
| Metric | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 |
|---|---|---|---|---|
| Operating cash flow | −83m | −46m | −75m | −104m |
| Depreciation and amortisation | 1m | 2m | 2m | 2m |
| Share-based compensation | 10m | 7m | 9m | 23m |
| Capital expenditure |
Amounts in USD unless stated otherwise. Sources: Nasdaq Trader, Yahoo Finance, U.S. Securities and Exchange Commission (EDGAR)
| 18m |
| 21m |
| 20m |
| 26m |
| 19m |
| — |
| Current assets | — | 100m | 43m | 66m | 89m | 77m | 143m | — |
| Property, plant and equipment | — | 2m | 3m | 3m | 4m | 4m | 3m | — |
| Total assets | — | 105m | 48m | 71m | 95m | 84m | 151m | — |
| Current liabilities | — | 223m | 541m | 121m | 131m | 128m | 137m | — |
| Total liabilities | — | 227m | 547m | 127m | 137m | 134m | 144m | — |
| Equity | — | −121m | −499m | −55m | −42m | −50m | 7m | 62m |
| 290,000 |
| 428,000 |
| 2m |
| 1m |
| Investing cash flow | 3m | 2m | 61m | −63m |
| Financing cash flow | 128m | 19m | 169,000 | 7m |