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Consolidated Balance Sheets

In millions of USD; shares in millions, except per-share amounts
Q2 FY2026
As of Jun 30, 2026
Q1 FY2026
As of Mar 31, 2026
Q4 FY2025
As of Dec 31, 2025
Q3 FY2025
As of Sep 30, 2025
Q2 FY2025
As of Jun 30, 2025
Q1 FY2025
As of Mar 31, 2025
Q4 FY2024
As of Dec 31, 2024
Q3 FY2024
As of Sep 30, 2024
Q2 FY2024
As of Jun 30, 2024
Q1 FY2024
As of Mar 31, 2024
Q4 FY2023
As of Dec 31, 2023
Q3 FY2023
As of Sep 30, 2023
Q2 FY2023
As of Jun 30, 2023
Q1 FY2023
As of Mar 31, 2023
Q4 FY2022
As of Dec 31, 2022
Q3 FY2022
As of Sep 30, 2022
Q2 FY2022
As of Jun 30, 2022
Q1 FY2022
As of Mar 31, 2022
Q4 FY2021
As of Dec 31, 2021
Q4 FY2020
As of Dec 31, 2020
ASSETS
CURRENT ASSETS:
Cash and cash equivalents
Restricted cash
Prepaid income tax
Prepaid expenses and other current assets
Total current assets
NON-CURRENT ASSETS:
Investment
Property and equipment, net
Operating lease right-of-use assets
Deferred tax assets
Long-term prepaid expenses and other assets
Total assets
LIABILITIES AND SHAREHOLDERS' EQUITY/(DEFICIT)
CURRENT LIABILITIES:
Accounts payable
Accrued expenses and other liabilities
Debt, current portion
Operating lease liabilities - current
Warrant liabilities
Total current liabilities
NON-CURRENT LIABILITIES:
Long-term debt
Debt, non-current portion
Operating lease liabilities - non-current
Warrant liabilities
Total liabilities
SHAREHOLDERS' EQUITY/(DEFICIT):
Ordinary shares, £0.008 par value; 135,722,306 and 96,085,785 shares authorized, issued and outstanding at June 30, 2026 and December 31, 2025, respectively
Ordinary shares
DEFERRED SHARES
Total ordinary shares, £0.008 par value; 135,722,306 and 96,085,785 shares authorized, issued and outstanding at June 30, 2026 and December 31, 2025, respectively
Shares, issued (in shares)
Ordinary shares
DEFERRED SHARES
Total shares, issued (in shares)
Additional paid-in capital
Accumulated other comprehensive loss
Accumulated deficit
Total shareholders' equity/(deficit)
Total liabilities and shareholders' equity/(deficit)
Common stock, par value (in GBP per share)
Ordinary shares
DEFERRED SHARES
Total common stock, par value (in GBP per share)
Fair value of underlying ordinary shares (in dollars per share)
Ordinary shares
DEFERRED SHARES
Total fair value of underlying ordinary shares (in dollars per share)

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