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Company reports as filed with the U.S. Securities and Exchange Commission.
| Metric | Dec 31, 2025 | Dec 31, 2024 |
|---|---|---|
| Revenue | 460m | 399m |
| Cost of revenue | 191m | 147m |
| Research and development | 221m | 235m |
| Selling, general and administrative | 278m | 299m |
| Operating income | −229m | −282m |
| Interest expense | — | 2m |
| Pre-tax income | −178m | −257m |
| Income tax | −3m | 0 |
| Net income | −176m | −257m |
| Earnings per share | −0.16 | −0.26 |
| Earnings per share, diluted | −0.16 | −0.26 |
| Weighted average shares | 1.10bn | 989m |
| Weighted average shares, diluted | 1.10bn | 989m |
| 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 | 651m | 680m | 717m | 732m | 757m | 450m | 616m | 630m |
| Short-term investments | 10m | 10m |
| Metric | Dec 31, 2025 | Dec 31, 2024 |
|---|---|---|
| Operating cash flow | −151m | −215m |
| Depreciation and amortisation | 15m | 12m |
| Share-based compensation | 66m | 71m |
| Capital expenditure | 8m | 6m |
| Investing cash flow | 308m | −375m |
| Financing cash flow | 72m |
Amounts in USD unless stated otherwise. Sources: Nasdaq Trader, Yahoo Finance, U.S. Securities and Exchange Commission (EDGAR)
| 0 |
| 0 |
| 0 |
| 330m |
| 0 |
| 0 |
| Receivables | 54m | 106m | 85m | 88m | 77m | 85m | 50m | 70m |
| Inventory | 86m | 75m | 67m | 62m | 53m | 40m | 40m | 42m |
| Current assets | 945m | 1.02bn | 1.03bn | 1.03bn | 1.04bn | 1.05bn | 861m | 870m |
| Property, plant and equipment | 47m | 47m | 49m | 50m | 50m | 48m | 51m | 51m |
| Total assets | 1.10bn | 1.17bn | 1.16bn | 1.16bn | 1.17bn | 1.19bn | 985m | 987m |
| Current liabilities | 393m | 416m | 360m | 332m | 320m | 299m | 286m | 252m |
| Short-term debt | 214m | 205m | 203m | 175m | 173m | 132m | 113m | 70m |
| Total liabilities | 434m | 457m | 399m | 372m | 363m | 345m | 318m | 283m |
| Equity | 662m | 716m | 760m | 792m | 811m | 841m | 668m | 704m |
| Shares outstanding | 1.11bn | 1.11bn | 1.11bn | 1.10bn | 1.08bn | 1.08bn | 984m | 981m |
| Shares issued | 1.12bn | 1.11bn | 1.11bn | 1.10bn | 1.09bn | 1.08bn | 989m | 986m |
| Treasury shares | 9m | 7m | 7m | 5m | 5m | 5m | 5m | 5m |
| 350m |