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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 | 21m | 18m | 17m | 11m |
| Cost of revenue | 14m | 12m | 11m | 8m |
| Gross profit | 7m | 7m | 5m | 4m |
| Research and development | 898,642 | 3m | 1m | 1m |
| Selling, general and administrative | 22m | 3m | 1m | 1m |
| Operating expenses | 24m | 8m | 3m | 3m |
| Operating income | −17m | −2m | 2m | 912,360 |
| Pre-tax income | −17m | −2m | 3m | 964,316 |
| Income tax | 302,992 | 274,399 | 255,570 | 34,307 |
| Net income | −17m | −2m | 2m | 930,009 |
| Earnings per share | −0.75 | −0.10 | 0.47 | 0.19 |
| Earnings per share, diluted | −0.75 | −0.10 | 0.47 | 0.19 |
| Weighted average shares | 23m | 20m | 20m | 20m |
| Weighted average shares, diluted | 23m | 20m | 20m | 20m |
| 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 | — | — | 5m | 3m | 3m | 2m | 611,515 |
| Receivables | — | — | 9m | 10m |
| Metric | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 |
|---|---|---|---|---|
| Operating cash flow | 3m | −3m | 3m | −139,539 |
| Depreciation and amortisation | 290,556 | 326,471 | 214,106 | 138,572 |
| Share-based compensation | 18m | — | — |
Amounts in USD unless stated otherwise. Sources: Nasdaq Trader, Yahoo Finance, U.S. Securities and Exchange Commission (EDGAR)
| 9m |
| — |
| — |
| Inventory | — | — | 1m | 1m | 530,048 | — | — |
| Current assets | — | — | 17m | 15m | 12m | — | — |
| Property, plant and equipment | — | — | 4m | 5m | 2m | — | — |
| Total assets | — | — | 22m | 20m | 15m | — | — |
| Current liabilities | — | — | 13m | 13m | 9m | — | — |
| Short-term debt | — | — | 3m | 5m | 2m | — | — |
| Long-term debt | — | — | 2m | 260,299 | — | — | — |
| Total liabilities | — | — | 15m | 14m | 9m | — | — |
| Equity | — | — | 7m | 7m | 6m | 4m | 3m |
| Shares outstanding | — | — | 24m | 21m | 20m | — | — |
| Shares issued | — | — | 24m | 21m | 20m | — | — |
| Capital expenditure | 164,593 | 4m | 1m | 95,448 |
| Investing cash flow | −166,098 | −4m | −1m | −95,448 |
| Financing cash flow | −1m | 7m | −594,576 | 1m |