| USD millions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | TTM | Trend | YoY |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 0.0 | 0.0 | 3.7 | 59.6 | 196.5 | 376.1 | 464.0 | +23.4% | |
| Cost of revenue | 0.5 | 0.8 | 0.8 | 5.0 | 19.1 | 36.7 | 41.1 | +12.0% | |
| Gross profit | (0.5) | (0.8) | 2.9 | 54.6 | 177.4 | 339.4 | 422.9 | +24.6% | |
| Research & development | 115.3 | 145.6 | 182.4 | 110.6 | 76.4 | 77.1 | 91.0 | +18.2% | |
| Selling, general & administrative | 20.9 | 61.0 | 122.1 | 185.1 | 229.4 | 274.6 | — | — | |
| Selling & marketing | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | — | |
| Operating expenses | 136.2 | 205.8 | 304.6 | 295.7 | 305.8 | 351.6 | 419.9 | +19.4% | |
| Operating income | (136.6) | (206.5) | (301.6) | (241.1) | (128.4) | (12.2) | 34.3 | +380.1% | |
| Interest expense | 0.0 | 0.0 | 15.7 | 29.7 | 27.2 | 12.1 | 13.8 | +14.6% | |
| Interest income | 1.0 | 0.2 | 0.0 | 0.0 | 0.0 | 0.0 | — | — | |
| Other income / expense | 1.0 | 0.2 | (9.8) | (17.9) | (11.0) | (2.7) | — | — | |
| Pre-tax income | (135.7) | (206.4) | (311.5) | (259.0) | (139.4) | (15.0) | 29.3 | +295.7% | |
| Income tax | 0.0 | 0.0 | 0.0 | 3.1 | 0.6 | 1.2 | 0.8 | −33.5% | |
| Net income | (135.7) | (206.4) | (311.5) | (262.1) | (140.0) | (16.1) | 28.5 | +276.7% | |
| Discontinued operations | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | — | |
| Other net income adjustments | 0.0 | 0.5 | 0.0 | 0.0 | 0.0 | 0.0 | — | — | |
| EPS, basic (per share) | (3.80) | (4.17) | (5.66) | (3.78) | (1.16) | (0.13) | 0.22 | +267.9% | |
| EPS, diluted (per share) | (3.80) | (4.17) | (5.66) | (3.78) | (1.16) | (0.13) | 0.21 | +262.2% | |
| EBITDA | (135.2) | (205.6) | (294.6) | (227.4) | (109.6) | 2.5 | 39.5 | +1491.0% | |
| Depreciation & amortization | 0.5 | 0.8 | 1.3 | 1.9 | 2.6 | 5.4 | — | — | |
| Weighted average shares (shares) | 35,668,000 | 49,406,000 | 55,032,000 | 69,305,000 | 120,958,000 | 127,234,000 | — | — | |
| Weighted average diluted shares (shares) | 35,668,000 | 49,406,000 | 55,032,000 | 69,305,000 | 120,958,000 | 127,234,000 | — | — | |
| Gross margin | — | — | 79.5% | 91.6% | 90.3% | 90.2% | 91.1% | +0.9 pts | |
| Operating margin | — | — | −8,183.0% | −404.5% | −65.3% | −3.3% | 7.4% | +10.6 pts | |
| Net margin | — | — | −8,449.8% | −439.8% | −71.3% | −4.3% | 6.1% | +10.4 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.
