| USD millions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Revenue | 1.2 | 2.2 | 1.0 | 1.5 | 1.9 | 4.1 | +115.6% | |
| Cost of revenue | 1.9 | 5.0 | 6.2 | 1.0 | 2.5 | 3.9 | +51.7% | |
| Gross profit | (0.6) | (2.8) | (5.2) | 0.5 | (0.7) | 0.2 | +128.5% | |
| Research & development | 8.6 | 4.6 | 7.0 | 9.3 | 8.8 | 14.7 | +66.6% | |
| Selling, general & administrative | 22.4 | 20.4 | 21.5 | 13.5 | 13.8 | 16.1 | +16.9% | |
| Selling & marketing | 6.5 | 0.6 | 1.1 | 2.8 | 3.9 | 0.0 | −100.0% | |
| Operating expenses | 31.0 | 21.0 | 23.6 | 25.6 | 22.6 | 30.8 | +36.3% | |
| Operating income | (31.7) | (23.8) | (28.8) | (25.1) | (23.2) | (30.6) | −31.5% | |
| Interest expense | 0.3 | 0.2 | 0.1 | 0.1 | 0.1 | 0.1 | +29.8% | |
| Interest income | 0.3 | 0.2 | 0.1 | 0.0 | 0.0 | 0.0 | — | |
| Other income / expense | 0.5 | (29.1) | 10.2 | 0.3 | (37.4) | (19.6) | +47.5% | |
| Pre-tax income | (31.2) | (52.9) | (18.6) | (24.9) | (60.7) | (50.2) | +17.2% | |
| Income tax | (1.3) | (9.3) | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Net income | (29.9) | (64.1) | (72.9) | (27.8) | (60.7) | (50.2) | +17.2% | |
| Discontinued operations | 0.0 | (20.5) | (54.3) | (2.9) | 0.0 | 0.0 | — | |
| Other net income adjustments | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| EPS, basic (per share) | (9.14) | (14.42) | (13.25) | (3.49) | (4.66) | (1.65) | +64.6% | |
| EPS, diluted (per share) | (9.14) | (14.42) | (13.25) | (3.75) | (4.66) | (1.65) | +64.6% | |
| EBITDA | (30.5) | (48.5) | (13.3) | (23.1) | (59.0) | (28.4) | +51.9% | |
| Depreciation & amortization | 0.4 | 4.2 | 5.2 | 1.7 | 1.6 | 2.2 | +40.5% | |
| Weighted average shares (shares) | 3,273,900 | 4,446,000 | 5,540,000 | 8,239,424 | 13,071,000 | 30,476,000 | +133.2% | |
| Weighted average diluted shares (shares) | 3,273,900 | 4,446,000 | 5,540,000 | 7,651,000 | 13,071,000 | 30,476,000 | +133.2% | |
| Gross margin | −52.5% | −126.7% | −546.8% | 33.3% | −35.4% | 4.7% | +40.1 pts | |
| Operating margin | −2,604.1% | −1,081.6% | −3,009.5% | −1,672.4% | −1,235.9% | −754.1% | +481.8 pts | |
| Net margin | −2,461.5% | −2,916.2% | −7,609.8% | −1,848.4% | −3,225.0% | −1,238.5% | +1986.5 pts |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
