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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 | 685m | 361m | 402m | 528m |
| Cost of revenue | 478m | 250m | 218m | 295m |
| Gross profit | 207m | 111m | 183m | 233m |
| Research and development | 1.37bn | 1.09bn | 1.06bn | 759m |
| Operating income | −1.85bn | −2.19bn | −1.57bn | −779m |
| Pre-tax income | −1.65bn | −2.51bn | −1.95bn | −1.30bn |
| Income tax | 4m | 6m | 3m | 0 |
| Net income | −1.65bn | −2.52bn | −1.95bn | −1.30bn |
| Earnings per share | −1.79 | −8.54 | −16.86 | −11.08 |
| Earnings per share, diluted | −1.79 | −8.54 | −16.86 | −11.08 |
| Metric | Aug 19, 2026 | Aug 18, 2026 | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 |
|---|---|---|---|---|---|---|---|
| Cash and equivalents | — | — | 6.67bn | 4.27bn | 1.66bn | 2.23bn | 2.73bn |
| Receivables | — | — | 462m |
| Metric | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 |
|---|---|---|---|---|
| Operating cash flow | −1.32bn | −594m | −475m | −670m |
| Capital expenditure | 248m | 84m | 37m | 81m |
| Investing cash flow | 1.51bn | 326m | −547m | −2.20bn |
| Financing cash flow |
Amounts in USD unless stated otherwise. Sources: Nasdaq Trader, Yahoo Finance, U.S. Securities and Exchange Commission (EDGAR)
| 253m |
| 267m |
| — |
| — |
| Inventory | — | — | 321m | 205m | 218m | — | — |
| Current assets | — | — | 8.21bn | 7.29bn | 5.37bn | — | — |
| Property, plant and equipment | — | — | 379m | 178m | 99m | — | — |
| Goodwill | — | — | 45m | 45m | 45m | — | — |
| Total assets | — | — | 8.94bn | 7.69bn | 5.61bn | — | — |
| Current liabilities | — | — | 1.00bn | 542m | 8.59bn | — | — |
| Short-term debt | — | — | 324m | 30m | 0 | — | — |
| Long-term debt | — | — | 0 | 50m | 0 | — | — |
| Total liabilities | — | — | 1.04bn | 628m | 8.67bn | — | — |
| Equity | — | — | 7.90bn | 7.07bn | −3.05bn | −2.08bn | −966m |
| 2.30bn |
| 2.82bn |
| 447m |
| 2.18bn |