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Company reports as filed with the U.S. Securities and Exchange Commission.
| Metric | Dec 31, 2025 | Dec 31, 2024 |
|---|---|---|
| Revenue | 643m | 611m |
| Cost of revenue | 199m | 196m |
| Gross profit | 444m | 414m |
| Selling, general and administrative | 316m | 344m |
| Operating expenses | 505m | 609m |
| Operating income | −61m | −195m |
| Pre-tax income | −40m | −178m |
| Income tax | 4m | 5m |
| Net income | −44m | −183m |
| Earnings per share | −0.35 | −1.52 |
| Earnings per share, diluted | −0.35 | −1.52 |
| Weighted average shares | 125m | 120m |
| Weighted average shares, diluted | 125m | 120m |
| 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 | 490m | 474m | 433m | 398m | 377m | 344m | 398m | 380m |
| Receivables | 39m | 47m | 44m |
| Metric | Dec 31, 2025 | Dec 31, 2024 |
|---|---|---|
| Operating cash flow | 136m | 7m |
| Depreciation and amortisation | 36m | 36m |
| Share-based compensation | 109m | 141m |
| Capital expenditure | 6m | 12m |
| Investing cash flow | −13m | −33m |
| Financing cash flow | 7m |
Amounts in USD unless stated otherwise. Sources: Nasdaq Trader, Yahoo Finance, U.S. Securities and Exchange Commission (EDGAR)
| 50m |
| 53m |
| 88m |
| 84m |
| 91m |
| Inventory | 53m | 56m | 62m | 69m | 75m | 83m | 94m | 88m |
| Current assets | 670m | 684m | 660m | 656m | 580m | 584m | 594m | 579m |
| Property, plant and equipment | 221m | 227m | 233m | 240m | 246m | 253m | 259m | 263m |
| Goodwill | 5m | 5m | 5m | 5m | 5m | 5m | 5m | 5m |
| Total assets | 1.02bn | 1.04bn | 1.03bn | 980m | 903m | 919m | 938m | 930m |
| Current liabilities | 114m | 153m | 147m | 112m | 108m | 118m | 121m | 111m |
| Total liabilities | 201m | 245m | 242m | 207m | 196m | 209m | 215m | 206m |
| Equity | 814m | 796m | 785m | 773m | 707m | 710m | 723m | 724m |
| Shares outstanding | — | 128m | — | — | — | 122m | — | — |
| Shares issued | — | 128m | — | — | — | 122m | — | — |
| 11m |