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Company reports as filed with the U.S. Securities and Exchange Commission.
| Metric | Dec 31, 2025 | Dec 31, 2024 |
|---|---|---|
| Revenue | 134m | 140m |
| Cost of revenue | 31m | 41m |
| Gross profit | 103m | 99m |
| Research and development | 39m | 34m |
| Selling, general and administrative | 113m | 101m |
| Operating expenses | 151m | 136m |
| Operating income | −48m | −37m |
| Interest expense | 19,000 | 21,000 |
| Pre-tax income | −39m | −27m |
| Income tax | 66,000 | 50,000 |
| Net income | −39m | −27m |
| Earnings per share | −0.95 | −0.71 |
| Earnings per share, diluted | −0.95 | −0.71 |
| Weighted average shares | 41m | 39m |
| Weighted average shares, diluted | 41m | 39m |
| 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 | 18m | 20m | 30m | 40m | 28m | 17m | 17m | 25m |
| Short-term investments | 200m | 208m |
| Metric | Dec 31, 2025 | Dec 31, 2024 |
|---|---|---|
| Operating cash flow | −16m | −17m |
| Depreciation and amortisation | 3m | 4m |
| Share-based compensation | 32m | 25m |
| Capital expenditure | 4m | 5m |
| Investing cash flow | 17m | −99m |
| Financing cash flow | 2m |
Amounts in USD unless stated otherwise. Sources: Nasdaq Trader, Yahoo Finance, U.S. Securities and Exchange Commission (EDGAR)
| 198m |
| 187m |
| 201m |
| 221m |
| 220m |
| 209m |
| Receivables | 22m | 23m | 24m | 28m | 31m | 30m | 25m | 26m |
| Inventory | 35m | 32m | 29m | 25m | 24m | 22m | 22m | 19m |
| Current assets | 279m | 287m | 284m | 284m | 288m | 294m | 287m | 281m |
| Property, plant and equipment | 13m | 13m | 13m | 13m | 13m | 12m | 12m | 12m |
| Total assets | 304m | 312m | 309m | 309m | 313m | 319m | 310m | 305m |
| Current liabilities | 27m | 26m | 22m | 20m | 23m | 26m | 23m | 20m |
| Total liabilities | 37m | 36m | 33m | 31m | 34m | 37m | 33m | 30m |
| Equity | 267m | 276m | 276m | 278m | 279m | 281m | 277m | 275m |
| Shares outstanding | 41m | 41m | 41m | 41m | 41m | 40m | 40m | 40m |
| Shares issued | 41m | 41m | 41m | 41m | 41m | 40m | 40m | 40m |
| 123m |