| USD millions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | TTM | Trend | YoY |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 3.5 | 5.3 | 19.4 | 15.6 | 9.5 | 25.2 | 24.0 | −4.8% | |
| Cost of revenue | 2.2 | 4.0 | 10.5 | 8.4 | 6.0 | 20.0 | 15.2 | −24.2% | |
| Gross profit | 1.3 | 1.3 | 8.9 | 7.2 | 3.5 | 5.1 | 8.8 | +70.9% | |
| Research & development | 0.1 | 1.8 | 1.0 | 2.3 | 3.6 | 2.7 | 3.2 | +17.8% | |
| Selling, general & administrative | 2.1 | 4.6 | 7.6 | 7.4 | 7.9 | 9.8 | — | — | |
| Selling & marketing | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | — | |
| Operating expenses | 2.2 | 6.4 | 8.8 | 9.7 | 11.9 | 12.5 | 17.1 | +37.3% | |
| Operating income | (0.9) | (5.1) | 0.2 | (2.6) | (8.4) | (7.3) | (8.3) | −13.7% | |
| Interest expense | 0.1 | 0.0 | 0.0 | 0.0 | 0.3 | 0.0 | — | — | |
| Interest income | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.2 | — | — | |
| Other income / expense | (0.1) | 0.3 | (0.8) | 0.1 | (2.8) | 0.3 | — | — | |
| Pre-tax income | (1.0) | (4.8) | (0.7) | (2.4) | (11.2) | (7.0) | (8.0) | −14.3% | |
| Income tax | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | +0.0% | |
| Net income | (1.0) | (4.8) | (0.7) | (2.5) | (11.2) | (7.0) | (8.0) | −14.2% | |
| 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) | (0.37) | (0.53) | (0.07) | (0.26) | (1.08) | (0.33) | (0.35) | −4.5% | |
| EPS, diluted (per share) | (0.37) | (0.53) | (0.07) | (0.26) | (1.08) | (0.33) | (0.35) | −4.5% | |
| EBITDA | (0.7) | (4.5) | 1.2 | (1.9) | (7.4) | (5.7) | (6.2) | −9.3% | |
| Depreciation & amortization | 0.2 | 0.2 | 1.0 | 0.5 | 0.5 | 1.3 | 2.0 | +53.8% | |
| Weighted average shares (shares) | 2,782,000 | 8,901,000 | 9,609,000 | 9,659,000 | 10,432,000 | 20,989,855 | — | — | |
| Weighted average diluted shares (shares) | 2,782,000 | 8,901,000 | 9,609,000 | 9,659,000 | 10,432,000 | 20,989,855 | — | — | |
| Gross margin | 36.3% | 24.5% | 46.0% | 45.9% | 36.7% | 20.4% | 36.7% | +16.2 pts | |
| Operating margin | −26.5% | −96.8% | 0.8% | −16.5% | −88.7% | −29.1% | −34.7% | −5.6 pts | |
| Net margin | −29.7% | −90.2% | −3.5% | −15.8% | −118.2% | −27.8% | −33.4% | −5.6 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.
