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Company reports as filed with the U.S. Securities and Exchange Commission.
| Metric | Dec 31, 2025 | Dec 31, 2024 |
|---|---|---|
| Revenue | 91m | 23m |
| Cost of revenue | 87m | 21m |
| Gross profit | 4m | 2m |
| Selling, general and administrative | 10m | 27m |
| Operating expenses | 11m | 35m |
| Operating income | −6m | −33m |
| Interest expense | 1m | 2m |
| Pre-tax income | −7m | −33m |
| Income tax | −1m | 2m |
| Net income | −6m | −35m |
| Earnings per share | −0.13 | −0.79 |
| Earnings per share, diluted | −0.13 | −0.79 |
| Weighted average shares | — | 44m |
| Weighted average shares, diluted | 50m | 44m |
| 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 | 4m | 8m | 6m | 2m | 596,251 | 786,333 | 1m | 1m |
| Short-term investments | — |
| Metric | Dec 31, 2025 | Dec 31, 2024 |
|---|---|---|
| Operating cash flow | 498,049 | −9m |
| Depreciation and amortisation | 61,929 | 81,545 |
| Share-based compensation | 520,721 | 19m |
| Capital expenditure | — | 0 |
| Investing cash flow | 6m | −6m |
| Financing cash flow | 1m |
Amounts in USD unless stated otherwise. Sources: Nasdaq Trader, Yahoo Finance, U.S. Securities and Exchange Commission (EDGAR)
| — |
| — |
| 6m |
| 6m |
| 8m |
| 8m |
| Receivables | 12m | 13m | 13m | 3m | 4m | 4m | 5m | 4m |
| Inventory | 2m | 2m | 2m | 2m | 2m | 1m | 2m | 2m |
| Current assets | 80m | 75m | 42m | 22m | 22m | 21m | 24m | 25m |
| Property, plant and equipment | 125,842 | 138,890 | 151,928 | 164,980 | 181,947 | 200,889 | 220,139 | 243,871 |
| Goodwill | — | — | — | — | — | 0 | 0 | 7m |
| Total assets | 106m | 91m | 59m | 38m | 39m | 39m | 43m | 51m |
| Current liabilities | 98m | 96m | 58m | 40m | 39m | 35m | 38m | 35m |
| Total liabilities | 118m | 103m | 70m | 53m | 54m | 54m | 54m | 54m |
| Equity | −11m | −12m | −12m | −15m | −16m | −15m | −11m | −3m |
| Shares outstanding | 57m | 55m | 54m | 49m | 46m | 45m | 45m | 45m |
| Shares issued | 58m | 56m | 56m | 50m | 47m | 47m | 47m | 46m |
| Treasury shares | 1m | 1m | 1m | 1m | 1m | 1m | 1m | 1m |
| 13m |