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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 | 18m | 16m | 13m | 7m |
| Cost of revenue | 14m | 11m | 8m | 4m |
| Gross profit | 4m | 5m | 4m | 2m |
| Research and development | 2m | 2m | 1m | 504,711 |
| Selling, general and administrative | 7m | 764,530 | 724,147 | 742,620 |
| Operating expenses | 10m | 3m | 3m | 2m |
| Operating income | −6m | 1m | 1m | 650,130 |
| Pre-tax income | −5m | 2m | 1m | 537,132 |
| Income tax | −397 | 14,838 | 11,348 | −423 |
| Net income | −5m | 2m | 1m | 537,555 |
| Earnings per share | −0.33 | 0.13 | 0.11 | 0.04 |
| Earnings per share, diluted | −0.33 | 0.13 | 0.11 | 0.04 |
| Weighted average shares | 17m | 13m | 13m | 13m |
| Metric | Aug 18, 2026 | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 |
|---|---|---|---|---|---|---|
| Cash and equivalents | — | 7m | 2m | 598,933 | 84,961 | 185,549 |
| Receivables | — | 6m | 4m | 4m | — |
| Metric | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 |
|---|---|---|---|---|
| Operating cash flow | −2m | 2m | 400,238 | 1m |
| Depreciation and amortisation | 289,264 | 347,977 | 367,029 | 388,233 |
| Share-based compensation | 5m | — | — |
Amounts in USD unless stated otherwise. Sources: Nasdaq Trader, Yahoo Finance, U.S. Securities and Exchange Commission (EDGAR)
| Inventory | — | 5m | 5m | 4m | — | — |
| Current assets | — | 18m | 13m | 9m | — | — |
| Property, plant and equipment | — | 4m | 3m | 3m | — | — |
| Total assets | — | 25m | 18m | 16m | — | — |
| Current liabilities | — | 9m | 8m | 7m | — | — |
| Total liabilities | — | 9m | 8m | 7m | — | — |
| Equity | — | 16m | 10m | 9m | 8m | 351,737 |
| Shares outstanding | — | 19m | 13m | 13m | — | — |
| Shares issued | — | 19m | 13m | 13m | — | — |
| Capital expenditure | 192,531 | 25,759 | 219,121 | 18,165 |
| Investing cash flow | −204,157 | 320,644 | −218,132 | −18,165 |
| Financing cash flow | 7m | 224,396 | 463,463 | −2m |