Loading the section
Company reports as filed with the U.S. Securities and Exchange Commission.
| Metric | Dec 31, 2025 | Dec 31, 2024 |
|---|---|---|
| Revenue | 18m | 10m |
| Research and development | 4m | 2m |
| Selling, general and administrative | 29m | 39m |
| Operating expenses | 50m | 52m |
| Operating income | −32m | −42m |
| Pre-tax income | −25m | −44m |
| Income tax | 0 | 1,600 |
| Net income | −37m | −58m |
| Earnings per share | −0.81 | −1.80 |
| Earnings per share, diluted | −0.81 | −1.80 |
| Weighted average shares | 46m | 32m |
| Weighted average shares, diluted | 46m | 32m |
| 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 | 10m | 15m | 11m | 21m | 28m | 36m | 5m | 8m |
| Receivables | 2m | 2m | 182,585 |
| Metric | Dec 31, 2025 | Dec 31, 2024 |
|---|---|---|
| Operating cash flow | −20m | −34m |
| Depreciation and amortisation | 7m | 3m |
| Share-based compensation | 11m | 21m |
| Capital expenditure | — | 0 |
| Investing cash flow | −10m | −3m |
| Financing cash flow | 10m |
Amounts in USD unless stated otherwise. Sources: Nasdaq Trader, Yahoo Finance, U.S. Securities and Exchange Commission (EDGAR)
| 623,516 |
| 674,432 |
| 262,084 |
| 622,419 |
| 340,594 |
| Inventory | — | — | — | 3m | 2m | 3m | 2m | 1m |
| Current assets | 27m | 32m | 30m | 32m | 39m | 47m | 16m | 17m |
| Property, plant and equipment | 156,992 | 187,262 | 209,284 | 208,062 | 228,605 | 275,539 | 299,768 | 339,113 |
| Goodwill | 11m | 11m | 11m | 11m | 11m | 11m | 11m | 11m |
| Total assets | 54m | 60m | 59m | 65m | 66m | 75m | 44m | 45m |
| Current liabilities | 16m | 16m | 12m | 11m | 9m | 9m | 8m | 9m |
| Total liabilities | 46m | 46m | 44m | 43m | 40m | 48m | 40m | 33m |
| Equity | 8m | 13m | 15m | 22m | 26m | 27m | 4m | 12m |
| 57m |