| USD millions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | TTM | Trend | YoY |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 17.9 | 9.7 | 25.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Cost of revenue | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 6.4 | 5.6 | −12.0% | |
| Gross profit | 17.9 | 9.7 | 25.0 | 0.0 | 0.0 | (6.4) | (5.6) | +12.0% | |
| Research & development | 34.3 | 48.9 | 71.2 | 106.0 | 99.3 | 99.1 | 83.8 | −15.4% | |
| Selling, general & administrative | 22.8 | 22.2 | 26.3 | 26.5 | 28.3 | 23.0 | — | — | |
| Selling & marketing | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | — | |
| Operating expenses | 57.1 | 71.2 | 97.5 | 152.0 | 127.6 | 115.7 | 102.4 | −11.5% | |
| Operating income | (39.2) | (61.4) | (72.6) | (152.0) | (127.6) | (122.1) | (103.7) | +15.1% | |
| Interest expense | 0.1 | 0.2 | 0.1 | 0.0 | 0.0 | 0.0 | 0.1 | +125.0% | |
| Interest income | 0.8 | 0.1 | 3.8 | 10.0 | 10.7 | 5.8 | 5.2 | −9.9% | |
| Other income / expense | (0.3) | (0.7) | 2.8 | 9.4 | 10.5 | 5.3 | — | — | |
| Pre-tax income | (39.5) | (62.1) | (69.8) | (142.7) | (117.1) | (116.8) | (98.8) | +15.4% | |
| Income tax | (2.8) | (0.1) | 0.0 | 0.0 | 0.0 | 0.0 | 0.1 | — | |
| Net income | (36.7) | (62.0) | (69.8) | (142.7) | (117.1) | (116.8) | (99.0) | +15.3% | |
| 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) | (80.16) | (32.00) | (27.20) | (52.96) | (21.28) | (16.95) | (7.10) | +58.1% | |
| EPS, diluted (per share) | (80.16) | (32.00) | (27.20) | (52.96) | (21.28) | (16.95) | (7.10) | +58.1% | |
| EBITDA | (37.4) | (60.4) | (64.7) | (136.5) | (110.7) | (110.4) | (96.7) | +12.4% | |
| Depreciation & amortization | 2.0 | 1.5 | 5.0 | 6.1 | 6.5 | 6.4 | 5.6 | −12.0% | |
| Weighted average shares (shares) | 457,499 | 1,934,510 | 2,567,518 | 2,690,151 | 5,491,652 | 6,891,336 | — | — | |
| Weighted average diluted shares (shares) | 457,499 | 1,934,510 | 2,567,518 | 2,690,150 | 5,491,652 | 6,891,336 | — | — | |
| Gross margin | 100.0% | 100.0% | 100.0% | — | — | — | — | — | |
| Operating margin | −218.9% | −631.4% | −290.3% | — | — | — | — | — | |
| Net margin | −204.9% | −637.2% | −279.3% | — | — | — | — | — |
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.
