| USD millions | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | FY2026 | TTM | Trend | YoY |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 16.6 | 50.8 | 65.0 | 66.2 | 59.0 | 50.0 | 50.0 | +0.0% | |
| Cost of revenue | 10.6 | 27.2 | 32.2 | 33.7 | 35.0 | 32.4 | 32.4 | +0.0% | |
| Gross profit | 6.0 | 23.7 | 32.7 | 32.5 | 23.9 | 17.7 | 17.7 | +0.0% | |
| Research & development | 3.7 | 5.8 | 7.1 | 8.7 | 10.5 | 12.6 | 12.6 | +0.0% | |
| Selling, general & administrative | 6.6 | 10.0 | 12.2 | 13.7 | 17.8 | 19.2 | — | — | |
| Selling & marketing | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | — | |
| Operating expenses | 10.2 | 15.9 | 19.4 | 22.5 | 28.2 | 31.8 | 31.8 | +0.0% | |
| Operating income | (4.2) | 7.8 | 13.4 | 10.1 | (4.3) | (14.1) | (14.1) | +0.0% | |
| Interest expense | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | — | |
| Interest income | 0.0 | 0.0 | 1.2 | 2.4 | 1.4 | 1.4 | — | — | |
| Other income / expense | 2.0 | 1.7 | 1.2 | 2.4 | 0.0 | 2.4 | — | — | |
| Pre-tax income | (2.2) | 9.5 | 14.6 | 12.5 | (4.3) | (11.7) | (11.7) | +0.0% | |
| Income tax | (0.2) | 0.1 | 0.1 | (20.7) | (0.4) | (4.6) | (4.6) | +0.0% | |
| Net income | (2.0) | 9.5 | 14.6 | 33.2 | (3.9) | (7.1) | (7.1) | +0.0% | |
| 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) | (0.09) | 0.36 | 0.52 | 1.15 | (0.13) | (0.23) | — | — | |
| EPS, diluted (per share) | (0.09) | 0.34 | 0.50 | 1.12 | (0.13) | (0.23) | — | — | |
| EBITDA | (1.8) | 9.8 | 15.1 | 13.8 | (0.9) | (11.7) | (11.0) | +6.7% | |
| Depreciation & amortization | 0.3 | 0.3 | 0.5 | 1.4 | 3.4 | 0.0 | 3.0 | — | |
| Weighted average shares (shares) | 23,457,000 | 26,014,000 | 27,785,000 | 28,818,000 | 29,581,000 | 30,669,000 | — | — | |
| Weighted average diluted shares (shares) | 23,457,000 | 27,774,000 | 29,215,000 | 29,617,000 | 29,581,000 | 30,669,000 | — | — | |
| Gross margin | 36.3% | 46.6% | 50.4% | 49.1% | 40.6% | 35.3% | 35.3% | +0.0 pts | |
| Operating margin | −25.2% | 15.3% | 20.6% | 15.2% | −7.3% | −28.3% | −28.3% | +0.0 pts | |
| Net margin | −12.2% | 18.6% | 22.4% | 50.1% | −6.6% | −14.3% | −14.3% | +0.0 pts |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
TTM ends 2026-05-29 and uses four consecutive reported quarters.
