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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 | Dec 31, 2021 |
|---|---|---|---|---|---|
| Revenue | 7m | 158,485 | 11m | 11m | 12m |
| Cost of revenue | 6m | 91,354 | 8m | 10m | 9m |
| Gross profit | 714,291 | 67,131 | 3m | 1m | 3m |
| Research and development | 3m | 689 | 107,199 | 1m | 452,608 |
| Selling, general and administrative | 4m | 2m | 3m | 3m | 2m |
| Operating expenses | 10m | 2m | 4m | 5m | 4m |
| Operating income | −9m | −2m | −2m | −4m | −1m |
| Pre-tax income | −18m | 5m | −16m | −11m | −1m |
| Income tax | — | −372,564 | 207,240 | 211,144 | — |
| Net income | −19m | 5m | −16m | −11m | −1m |
| Earnings per share | −0.82 | 0.16 | −6.54 | −10.04 | −0.97 |
| Earnings per share, diluted | −0.82 | 0.16 | −6.54 | −10.04 | −0.97 |
| Weighted average shares | 22m | 11m | 3m | 1m | 738,613 |
| Weighted average shares, diluted | 22m | 11m | 3m | 1m | 738,613 |
| Metric | Aug 19, 2026 | Aug 18, 2026 | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 |
|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | — | — | 18m | 43m | 16m | 24m | — | — |
| Receivables |
| Metric | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 |
|---|---|---|---|---|---|
| Operating cash flow | 9m | −14m | −7m | −6m | −9m |
| Depreciation and amortisation | — | 127,051 | 183,097 | 87,973 | 388,319 |
| Share-based compensation | 826,883 |
Amounts in USD unless stated otherwise. Sources: Nasdaq Trader, Yahoo Finance, U.S. Securities and Exchange Commission (EDGAR)
| — |
| 990,913 |
| — |
| 3m |
| 4m |
| — |
| — |
| Inventory | — | — | 82,820 | — | 95,124 | 344,823 | — | — |
| Current assets | — | — | 21m | 61m | 20m | 30m | — | — |
| Property, plant and equipment | — | — | — | — | 76,470 | 183,386 | — | — |
| Goodwill | — | — | — | — | — | 8m | — | — |
| Total assets | — | — | 51m | 61m | 21m | 38m | — | — |
| Current liabilities | — | — | 1m | 676,164 | 8m | 8m | — | — |
| Short-term debt | — | — | — | — | 418,315 | 332,309 | — | — |
| Total liabilities | — | — | 1m | 2m | 12m | 18m | — | — |
| Equity | — | — | 49m | 59m | 9m | 20m | 18m | 17m |
| Shares outstanding | — | — | 156,434 | 63m | 3m | 2m | — | — |
| Shares issued | — | — | 156,434 | 63m | 3m | 2m | — | — |
| 442,883 |
| — |
| — |
| — |
| Capital expenditure | — | — | 5,539 | 25,916 | 81,197 |
| Investing cash flow | −41m | −943,376 | −5,539 | −25,916 | 26m |
| Financing cash flow | 6m | 46m | 276,794 | 3m | 1m |