Loading the section
Company reports as filed with the U.S. Securities and Exchange Commission.
| Metric | Dec 31, 2025 | Dec 31, 2024 |
|---|---|---|
| Revenue | 168m | 140m |
| Cost of revenue | 83m | 63m |
| Operating expenses | 355m | 216m |
| Operating income | −186m | −76m |
| Pre-tax income | −657m | −98m |
| Income tax | 76,000 | 0 |
| Net income | −661m | −72m |
| Earnings per share | −1.66 | −0.21 |
| Earnings per share, diluted | −1.66 | −0.21 |
| Weighted average shares | 398m | 351m |
| Weighted average shares, diluted | 398m | 351m |
| 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 | 2.63bn | 3.27bn | 711m | 90m | 218m | 274m | 24m | 104m |
| Receivables | 6m | 1m | 4m |
| Metric | Dec 31, 2025 | Dec 31, 2024 |
|---|---|---|
| Operating cash flow | −123m | −24m |
| Depreciation and amortisation | 89m | 60m |
| Share-based compensation | 51m | 31m |
| Capital expenditure | 1.06bn | 268m |
| Investing cash flow | −1.37bn | −91m |
| Share buybacks | 33m |
Amounts in USD unless stated otherwise. Sources: Nasdaq Trader, Yahoo Finance, U.S. Securities and Exchange Commission (EDGAR)
| 1m |
| — |
| 475,000 |
| — |
| — |
| Current assets | 2.87bn | 3.48bn | 729m | 99m | 230m | 281m | 32m | 111m |
| Property, plant and equipment | 2.58bn | 1.51bn | 862m | 605m | 510m | 412m | 283m | 272m |
| Goodwill | 55m | 55m | 55m | 55m | — | 0 | — | — |
| Total assets | 7.01bn | 6.56bn | 2.45bn | 869m | 841m | 788m | 406m | 480m |
| Current liabilities | 2.38bn | 1.74bn | 706m | 151m | 121m | 52m | 32m | 92m |
| Short-term debt | 99m | 0 | — | — | — | 0 | 0 | 72m |
| Long-term debt | — | — | — | — | — | — | 0 | 38,000 |
| Total liabilities | 7.09bn | 6.42bn | 2.21bn | 695m | 671m | 543m | 33m | 93m |
| Equity | −79m | 140m | 247m | 174m | 170m | 244m | 373m | 386m |
| Shares outstanding | 425m | 420m | 439m | 415m | 408m | 386m | 383m | 374m |
| Shares issued | 450m | 445m | 439m | 415m | 408m | 404m | 383m | 374m |
| Treasury shares | 24m | 24m | 24m | 24m | 24m | 19m | — | — |
| 118m |
| Financing cash flow | 4.94bn | 335m |