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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 |
|---|---|---|---|---|
| Revenue | 175m | 170m | 154m | 361m |
| Cost of revenue | 107m | 99m | 101m | 324m |
| Research and development | 85m | 74m | 60m | 105m |
| Selling, general and administrative | 37m | 43m | 48m | 34m |
| Operating income | −82m | 13m | −82m | −113m |
| Pre-tax income | −114m | −11m | −99m | −145m |
| Income tax | 1m | 761,000 | 3m | −2m |
| Net income | −115m | −12m | −101m | −143m |
| Earnings per share | −0.68 | −0.08 | −0.73 | −1.24 |
| Earnings per share, diluted | −0.68 | −0.08 | −0.73 | −1.24 |
| Metric | Aug 18, 2026 | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 |
|---|---|---|---|---|---|---|
| Cash and equivalents | — | 110m | 168m | 126m | 287m | — |
| Receivables | — | 28m | 35m | 42m | — |
| Metric | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 |
|---|---|---|---|---|
| Operating cash flow | −53m | −67m | −203m | −245m |
| Capital expenditure | 4m | 14m | 14m | 29m |
| Investing cash flow | −2m | 77m | −21m | −29m |
| Financing cash flow |
Amounts in USD unless stated otherwise. Sources: Nasdaq Trader, Yahoo Finance, U.S. Securities and Exchange Commission (EDGAR)
| Inventory | — | 50m | 54m | 44m | — | — |
| Current assets | — | 223m | 299m | 263m | — | — |
| Property, plant and equipment | — | 119m | 139m | 136m | 112m | — |
| Total assets | — | 399m | 500m | 460m | — | — |
| Current liabilities | — | 93m | 115m | 159m | — | — |
| Short-term debt | — | 18m | 21m | 44m | — | — |
| Long-term debt | — | 161m | 167m | 133m | — | — |
| Total liabilities | — | 293m | 319m | 332m | — | — |
| Equity | — | 106m | 181m | 128m | 220m | 171m |
| −621,000 |
| 31m |
| 63m |
| 215m |