| USD millions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | TTM | Trend | YoY |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 0.0 | 0.0 | 0.0 | 2.5 | 9.4 | 6.2 | 5.9 | −4.2% | |
| Cost of revenue | 0.0 | 0.0 | 0.0 | 1.7 | 6.0 | 4.7 | — | — | |
| Gross profit | (0.0) | (0.0) | 0.0 | 0.8 | 3.4 | 1.4 | — | — | |
| Research & development | 1.6 | 1.1 | 1.5 | 1.7 | 1.8 | 2.1 | 1.4 | −32.2% | |
| Selling, general & administrative | 1.0 | 1.1 | 2.5 | 6.8 | 9.9 | 9.9 | — | — | |
| Selling & marketing | 0.0 | 0.2 | 0.0 | 0.0 | 0.0 | 0.0 | — | — | |
| Operating expenses | 2.6 | 2.2 | 4.0 | 8.8 | 12.3 | 12.0 | 17.2 | +43.6% | |
| Operating income | (2.6) | (2.2) | (4.0) | (8.0) | (9.0) | (10.6) | (12.4) | −17.1% | |
| Interest expense | 0.4 | 1.0 | 2.5 | 0.0 | 0.1 | 0.0 | 0.0 | +1.0% | |
| Interest income | 0.0 | 0.0 | 0.0 | 0.1 | 0.0 | 0.0 | 0.0 | +46.3% | |
| Other income / expense | (4.7) | (4.1) | (4.1) | 0.1 | (0.1) | (4.3) | — | — | |
| Pre-tax income | (7.3) | (6.3) | (8.2) | (7.9) | (9.0) | (14.9) | (15.2) | −2.1% | |
| Income tax | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | — | |
| Net income | (7.3) | (6.3) | (8.2) | (7.9) | (9.0) | (14.9) | (15.2) | −1.8% | |
| 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) | (29.70) | (70.86) | (54.30) | (27.30) | (22.50) | (8.66) | — | — | |
| EPS, diluted (per share) | (29.70) | (69.57) | (54.30) | (27.30) | (22.50) | (8.66) | — | — | |
| EBITDA | (6.9) | (5.3) | (5.6) | (7.6) | (8.3) | (14.3) | (12.0) | +16.4% | |
| Depreciation & amortization | 0.0 | 0.0 | 0.0 | 0.2 | 0.6 | 0.5 | 0.4 | −18.2% | |
| Weighted average shares (shares) | 245,933 | 89,284 | 149,967 | 291,600 | 404,333 | 1,721,082 | — | — | |
| Weighted average diluted shares (shares) | 245,933 | 90,933 | 149,967 | 291,600 | 404,333 | 1,721,082 | — | — | |
| Gross margin | — | — | 90.3% | 31.3% | 36.1% | 23.2% | — | — | |
| Operating margin | — | — | −83,511.5% | −314.9% | −95.6% | −171.6% | −209.8% | −38.2 pts | |
| Net margin | — | — | −169,771.2% | −313.5% | −96.6% | −242.0% | −257.3% | −15.4 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.
