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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 | 7m | 41m | 34m | 21m |
| Cost of revenue | 6m | 35m | 28m | 12m |
| Gross profit | 408,898 | 6m | 6m | 9m |
| Research and development | — | 378,793 | 457,523 | 434,914 |
| Selling, general and administrative | 22m | 3m | 3m | 2m |
| Operating expenses | 22m | 3m | 4m | 2m |
| Operating income | −21m | 2m | 3m | 6m |
| Pre-tax income | −43m | 2m | 2m | 6m |
| Income tax | 2,844 | 322,414 | 1,220 | 1,806 |
| Net income | −42m | 1m | 2m | 4m |
| Earnings per share | −38.51 | 0.05 | 0.07 | 0.18 |
| Earnings per share, diluted | −38.51 | 0.05 | 0.07 | 0.18 |
| Weighted average shares | 1m | 30m | 30m | 30m |
| Weighted average shares, diluted | 1m | 30m | 30m | 30m |
| 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 | — | — | 389 | 28,654 | 499,745 | 2m | 578,636 |
| Receivables | — | — | 7m |
| Metric | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 |
|---|---|---|---|---|
| Operating cash flow | −1m | 2m | −2m | −860,839 |
| Depreciation and amortisation | — | 660,271 | 655,345 | 215,882 |
| Share-based compensation | 21m | — | — |
Amounts in USD unless stated otherwise. Sources: Nasdaq Trader, Yahoo Finance, U.S. Securities and Exchange Commission (EDGAR)
| 19m |
| 17m |
| — |
| — |
| Inventory | — | — | — | 1m | 4m | — | — |
| Current assets | — | — | 12m | 35m | 41m | — | — |
| Total assets | — | — | 12m | 46m | 54m | — | — |
| Current liabilities | — | — | 7m | 13m | 21m | — | — |
| Total liabilities | — | — | 7m | 18m | 27m | — | — |
| Equity | — | — | 5m | 16m | 15m | 26m | 22m |
| Shares outstanding | — | — | — | 30m | 30m | — | — |
| Shares issued | — | — | — | 30m | 30m | — | — |
| Capital expenditure | — | 2,183 | 902,263 | 194,571 |
| Investing cash flow | — | −2,183 | −916,453 | −440,657 |
| Financing cash flow | 270,758 | −2m | 2m | 3m |