| USD millions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | TTM | Trend | YoY |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 1.4 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Cost of revenue | 8.0 | 12.3 | 0.0 | 0.0 | 0.0 | 0.0 | 0.2 | — | |
| Gross profit | (6.6) | (12.3) | 0.0 | 0.0 | 0.0 | 0.0 | (0.2) | — | |
| Research & development | 8.0 | 12.3 | 32.4 | 42.3 | 93.8 | 104.9 | 86.8 | −17.3% | |
| Selling, general & administrative | 1.4 | 7.3 | 12.9 | 18.8 | 20.2 | 18.9 | — | — | |
| Selling & marketing | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | — | |
| Operating expenses | 1.4 | 7.3 | 45.2 | 61.1 | 114.0 | 123.8 | 105.4 | −14.9% | |
| Operating income | (7.9) | (19.6) | (45.2) | (61.1) | (114.0) | (123.8) | (105.4) | +14.9% | |
| Interest expense | 0.0 | 0.0 | 0.0 | 0.6 | 4.1 | 4.2 | 4.3 | +2.2% | |
| Interest income | 0.0 | 0.1 | 2.4 | 10.8 | 14.3 | 7.4 | 5.1 | −31.0% | |
| Other income / expense | 0.6 | (81.0) | 2.4 | 8.8 | 11.7 | 2.5 | — | — | |
| Pre-tax income | (7.3) | (100.6) | (42.9) | (52.4) | (102.3) | (121.3) | (105.0) | +13.4% | |
| Income tax | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Net income | (7.3) | (100.6) | (42.9) | (52.4) | (102.3) | (121.3) | (105.0) | +13.4% | |
| Discontinued operations | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | — | |
| Other net income adjustments | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | — | |
| EPS, basic (per share) | (0.26) | (2.63) | (1.06) | (1.08) | (1.71) | (2.00) | (1.64) | +18.3% | |
| EPS, diluted (per share) | (0.26) | (2.63) | (1.06) | (1.08) | (1.71) | (2.00) | (1.64) | +18.3% | |
| EBITDA | (7.9) | (100.6) | (42.7) | (51.6) | (98.1) | (116.9) | (103.9) | +11.2% | |
| Depreciation & amortization | 0.0 | 0.0 | 0.2 | 0.2 | 0.2 | 0.2 | 0.1 | −54.3% | |
| Weighted average shares (shares) | 28,651,796 | 38,266,593 | 40,601,936 | 48,491,000 | 60,013,277 | 60,561,836 | — | — | |
| Weighted average diluted shares (shares) | 28,651,796 | 38,266,593 | 40,601,936 | 48,609,000 | 60,013,277 | 60,561,836 | — | — | |
| Gross margin | −456.9% | — | — | — | — | — | — | — | |
| Operating margin | −551.0% | — | — | — | — | — | — | — | |
| Net margin | −510.1% | — | — | — | — | — | — | — |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
TTM ends 2026-06-30 and uses four consecutive reported quarters.
