| Metric | FY2025 | FY2024 | FY2023 | FY2022 |
|---|---|---|---|---|
| Cash | $5.2M+100.2% | $2.6M-32.4% | $3.8M-71.0% | $13.3M |
| Restricted cash | $60K+0.0% | $60K | $0 | — |
| Prepaid expenses | $185K+101.1% | $92K-69.2% | $299K-35.7% | $465K |
| Other current assets | $14K-93.0% | $201K+2.0% | $197K+97.0% | $100K |
| Total current assets | $5.5M+85.0% | $3.0M-32.0% | $4.3M-68.6% | $13.8M |
| Goodwill | $8.4M+0.0% | $8.4M | — | — |
| Other intangible assets | $34.0M-13.2% | $39.2M | — | — |
| Total assets | $47.9M-5.3% | $50.6M+1061.0% | $4.4M-68.5% | $13.8M |
| Accounts payable | $8.8M-29.3% | $12.4M+642.5% | $1.7M+76.5% | $947K |
| Accrued expenses | $2.3M-25.3% | $3.1M+100.3% | $1.6M-50.3% | $3.1M |
| Convertible notes, net | $673K-3.9% | $700K | — | — |
| Convertible notes, related party | $250K | — | — | — |
| Notes payable, net | $81K-87.7% | $659K | — | — |
| Notes payable, related party | $1.7M | — | — | — |
| Warrant liabilities | $61K-94.0% | $1.0M-19.2% | $1.3M | — |
| Other current liabilities | $424K+351.1% | $94K+0.0% | $94K+0.0% | $94K |
| Total current liabilities | $12.4M-38.0% | $19.9M+334.3% | $4.6M | — |
| Derivative liability | $230K | — | — | — |
| Other non-current liabilities | $31K-91.9% | $383K | — | — |
| Deferred tax liability | $7.0M-13.5% | $8.0M | — | — |
| Total liabilities | $19.6M-30.9% | $28.3M+518.1% | $4.6M-61.9% | $12.0M |
| Share capital of $0.000000005 par value Authorized: 761,963,201,733 and 245,035,791,523 ordinary shares at December 31, 2025 and December 31, 2024, respectively; issued and outstanding: 90,536,879,533 and 53,186,919,523 ordinary shares at December 31, 2025 and December 31, 2024, respectively | $5.3M | — | $1.3M+77.7% | $745K |
| Additional paid-in capital | $234.3M+10.2% | $212.7M+21.7% | $174.8M+4.6% | $167.1M |
| Capital redemption reserve | $59.3M+13.7% | $52.2M+0.0% | $52.2M+0.0% | $52.2M |
| Accumulated other comprehensive loss | -$782K-6.0% | -$738K+29.0% | -$1.0M-34.9% | -$771K |
| Accumulated deficit | -$264.6M-7.0% | -$247.3M-8.7% | -$227.5M-4.6% | -$217.5M |
| Total shareholders’ equity | $28.3M+27.4% | $22.2M+9807.0% | -$229K-112.8% | $1.8M |
| Total liabilities and shareholders’ equity | $47.9M-5.3% | $50.6M+1061.0% | $4.4M-68.5% | $13.8M |
Source: SEC EDGAR XBRL. % change vs prior period shown where available.
Source: SEC EDGAR 10-K and 10-Q filings. Up to 10 years annual / 16 quarters shown.