4DS Memory (4DS) investor relations material

Executive summary

• Report covers the half-year ended 31 December 2025, focusing on strategic review and capital preservation following technical challenges in the 20nm Sixth Platform Lot development.

• Loss after income tax was $914,658, a significant improvement from $3,461,538 loss in the prior corresponding period.

• Strategic disengagement from imec and Infineon collaborations to preserve resources and align with long-term commercialization goals.

• Board and executive remuneration reduced, with all Non-Executive Director fees set to $0 and executive salaries halved.

• Ongoing strategic review includes exploring opportunities in AI-enablement and related fields.

Financial highlights

• Revenue primarily from interest income ($178,628), with no product sales.

• Operating loss for the half-year was $909,902, down from $3,450,070 year-over-year.

• Net cash used in operating activities was $1,270,932, a reduction from $3,183,109 in the prior period.

• Cash and cash equivalents at period end were $3,342,999, with an additional $5,450,000 in term deposits.

• Total assets at 31 December 2025 were $10,341,196; net assets were $7,650,006.

Outlook and guidance

• Strategic review remains ongoing, with focus on stabilizing the business, preserving capital, and assessing value-accretive pathways.

• No binding agreements from exploratory discussions as of 31 December 2025.

• Directors believe the company has sufficient cash to fund operations for at least 12 months from the report date.