| USD millions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | TTM | Trend | YoY |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 6.5 | 6.8 | 29.8 | 31.2 | 18.7 | 7.8 | 8.2 | +5.0% | |
| Cost of revenue | 5.1 | 4.7 | 12.0 | 18.1 | 2.8 | 2.1 | 1.7 | −19.5% | |
| Gross profit | 1.3 | 2.0 | 17.8 | 13.2 | 15.9 | 5.7 | 2.5 | −57.2% | |
| Research & development | 29.3 | 43.8 | 77.8 | 98.4 | 33.6 | 52.6 | 63.3 | +20.3% | |
| Selling, general & administrative | 20.5 | 23.6 | 25.1 | 31.1 | 22.2 | 22.0 | — | — | |
| Selling & marketing | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | — | |
| Operating expenses | 52.3 | 91.8 | 107.6 | 110.5 | 157.9 | 82.1 | 94.1 | +14.6% | |
| Operating income | (50.9) | (89.7) | (89.9) | (97.4) | (141.9) | (76.4) | (86.3) | −13.0% | |
| Interest expense | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Interest income | 0.0 | 0.0 | 0.0 | 0.0 | 8.0 | 7.6 | 6.7 | −11.9% | |
| Other income / expense | (0.4) | (1.1) | 2.9 | 8.5 | 9.9 | 11.5 | — | — | |
| Pre-tax income | (51.3) | (90.9) | (86.9) | (88.8) | (132.1) | (64.9) | (75.7) | −16.7% | |
| Income tax | (0.2) | 0.0 | 0.0 | (0.4) | 0.0 | 0.0 | 0.0 | — | |
| Net income | (51.0) | (90.9) | (86.9) | (88.5) | (132.1) | (64.9) | (75.7) | −16.7% | |
| Discontinued operations | 0.1 | 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) | (1.20) | (1.60) | (1.33) | (1.27) | (1.71) | (0.53) | (0.58) | −9.7% | |
| EPS, diluted (per share) | (1.20) | (1.60) | (1.33) | (1.27) | (1.71) | (0.53) | (0.58) | −9.7% | |
| EBITDA | (47.2) | (64.5) | (84.4) | (115.5) | (51.7) | (64.5) | (83.5) | −29.6% | |
| Depreciation & amortization | 1.3 | 0.9 | 0.8 | 0.9 | 0.8 | 0.5 | 0.4 | −7.3% | |
| Weighted average shares (shares) | 42,539,293 | 56,730,583 | 65,213,944 | 69,808,855 | 77,296,665 | 122,664,768 | — | — | |
| Weighted average diluted shares (shares) | 42,539,293 | 56,730,583 | 65,213,944 | 69,808,855 | 77,296,665 | 122,664,768 | — | — | |
| Gross margin | 20.8% | 30.3% | 59.8% | 42.1% | 85.1% | 73.3% | 29.8% | −43.4 pts | |
| Operating margin | −785.4% | −1,327.1% | −302.0% | −311.6% | −758.2% | −975.9% | −1,050.2% | −74.3 pts | |
| Net margin | −787.0% | −1,344.0% | −292.1% | −283.1% | −705.5% | −829.6% | −921.5% | −91.9 pts |
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.
