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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 | Dec 31, 2021 |
|---|---|---|---|---|---|
| Revenue | 3.06bn | 2.03bn | 2.37bn | 2.44bn | 1.34bn |
| Cost of revenue | 4.14bn | 2.91bn | 2.78bn | 2.34bn | 1.33bn |
| Gross profit | −1.08bn | −876m | −410m | 101m | 11m |
| Research and development | 78m | 38m | 157m | 175m | 234m |
| Selling, general and administrative | 856m | 891m | 944m | 840m | 687m |
| Operating income | −2.01bn | −1.81bn | −1.47bn | −1.29bn | −961m |
| Pre-tax income | −2.36bn | −2.06bn | −1.19bn | −449m | −973m |
| Income tax | −4m | −9m | −9m | 30m | −3m |
| Net income | −2.36bn | −2.05bn | −1.18bn | −479m | −970m |
| Earnings per share | −0.85 | −0.97 | −0.56 | −0.24 | −0.51 |
| Earnings per share, diluted | −0.85 | −0.97 | −0.56 | −0.24 | −0.51 |
| Metric | Aug 19, 2026 | Aug 18, 2026 | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 |
|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | — | — | 1.16bn | 739m | 768m | 974m | 757m | 316m |
| Receivables | — |
| Metric | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 |
|---|---|---|---|---|---|
| Operating cash flow | −915m | −991m | −1.89bn | −1.08bn | −324m |
| Depreciation and amortisation | 53m | 56m | 115m | 141m | 212m |
| Capital expenditure | 159m | 148m |
Amounts in USD unless stated otherwise. Sources: Nasdaq Trader, Yahoo Finance, U.S. Securities and Exchange Commission (EDGAR)
| 342m |
| 152m |
| 127m |
| 241m |
| — |
| — |
| Inventory | — | — | 853m | 1.08bn | 928m | 630m | — | — |
| Current assets | — | — | 2.69bn | 2.30bn | 2.27bn | 2.15bn | — | — |
| Property, plant and equipment | — | — | 293m | 538m | 476m | 352m | — | — |
| Total assets | — | — | 3.93bn | 4.05bn | 4.29bn | 4.01bn | — | — |
| Current liabilities | — | — | 6.21bn | 4.74bn | 3.62bn | 3.19bn | — | — |
| Short-term debt | — | — | 3.86bn | 2.51bn | 2.03bn | 1.33bn | — | — |
| Long-term debt | — | — | 2.50bn | 2.28bn | — | — | — | — |
| Total liabilities | — | — | 9.05bn | 7.38bn | 5.54bn | 4.10bn | — | — |
| Equity | — | — | −5.12bn | −3.33bn | −1.25bn | −90m | −184m | −603m |
| 137m |
| 32m |
| 25m |
| Investing cash flow | −521m | −413m | −418m | −709m | −127m |
| Financing cash flow | 1.69bn | 1.42bn | 2.10bn | 2.07bn | 919m |