Loading the section
Company reports as filed with the U.S. Securities and Exchange Commission.
| Metric | Dec 31, 2025 | Dec 31, 2024 |
|---|---|---|
| Revenue | 68m | 58m |
| Research and development | 389m | 466m |
| Selling, general and administrative | 120m | 126m |
| Operating expenses | 509m | 592m |
| Operating income | −441m | −534m |
| Net income | −413m | −519m |
| Earnings per share | −3.81 | −5.25 |
| Earnings per share, diluted | −3.81 | −5.25 |
| Weighted average shares | 108m | 99m |
| Weighted average shares, diluted | 108m | 99m |
| Metric | Mar 31, 2026 | Dec 31, 2025 | Sep 30, 2025 | Jun 30, 2025 | Mar 31, 2025 | Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 |
|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | 135m | 155m | 193m | 156m | 127m | 189m | 120m | 131m |
| Short-term investments | 241m | 294m |
| Metric | Dec 31, 2025 | Dec 31, 2024 |
|---|---|---|
| Operating cash flow | −395m | −349m |
| Depreciation and amortisation | 10m | 10m |
| Share-based compensation | 80m | 154m |
| Capital expenditure | 1m | 6m |
| Investing cash flow | 228m | 126m |
| Financing cash flow | 131m |
Amounts in USD unless stated otherwise. Sources: Nasdaq Trader, Yahoo Finance, U.S. Securities and Exchange Commission (EDGAR)
| 318m |
| 303m |
| 377m |
| 412m |
| 538m |
| 560m |
| Receivables | 9m | 9m | 11m | 11m | 11m | 9m | 9m | 12m |
| Current assets | 466m | 528m | 582m | 496m | 551m | 640m | 711m | 757m |
| Property, plant and equipment | 16m | 18m | 20m | 23m | 25m | 27m | 29m | 30m |
| Total assets | 759m | 842m | 925m | 899m | 986m | 1.19bn | 1.17bn | 1.19bn |
| Current liabilities | 76m | 104m | 94m | 95m | 113m | 111m | 106m | 105m |
| Total liabilities | 138m | 171m | 177m | 184m | 206m | 319m | 211m | 220m |
| Equity | 621m | 671m | 748m | 715m | 780m | 872m | 963m | 971m |
| Shares outstanding | 120m | 116m | 116m | 105m | 104m | 102m | 102m | 98m |
| Shares issued | 120m | 116m | 116m | 105m | 104m | 102m | 102m | 98m |
| 186m |