| USD millions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | TTM | Trend | YoY |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 0.0 | 0.0 | 0.0 | 4.8 | 28.9 | 1.2 | 1.4 | +17.7% | |
| Cost of revenue | 0.0 | 0.0 | 0.0 | 3.7 | 9.3 | 0.8 | 0.5 | −28.6% | |
| Gross profit | 0.0 | 0.0 | 0.0 | 1.1 | 19.7 | 0.4 | 0.9 | +99.4% | |
| Research & development | 18.2 | 19.5 | 17.6 | 12.5 | 9.1 | 7.7 | 9.7 | +26.5% | |
| Selling, general & administrative | 4.7 | 5.3 | 11.5 | 31.2 | 28.5 | 3.1 | — | — | |
| Selling & marketing | 0.8 | 1.0 | 6.5 | 14.6 | 10.1 | 0.0 | — | — | |
| Operating expenses | 22.9 | 24.8 | 29.2 | 50.8 | 40.1 | 10.8 | 13.1 | +21.5% | |
| Operating income | (22.9) | (24.8) | (29.2) | (49.7) | (20.4) | (10.4) | (12.3) | −18.3% | |
| Interest expense | 1.5 | 1.0 | 2.2 | 2.2 | 9.2 | 1.3 | 1.0 | −18.7% | |
| Interest income | 0.2 | 0.6 | 0.7 | 2.0 | 1.8 | 1.1 | 1.0 | −9.4% | |
| Other income / expense | (7.1) | (2.3) | 4.2 | (10.9) | 11.2 | 8.3 | — | — | |
| Pre-tax income | (30.0) | (27.1) | (25.0) | (60.6) | (9.2) | (2.0) | (10.2) | −401.1% | |
| Income tax | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Net income | (30.0) | (27.1) | (25.0) | (60.6) | (9.2) | (1.2) | (8.0) | −578.4% | |
| 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) | (72.00) | (24.48) | (19.32) | (37.74) | (4.62) | (0.29) | (1.82) | −527.1% | |
| EPS, diluted (per share) | (72.00) | (24.48) | (19.32) | (37.74) | (4.62) | (0.29) | (1.82) | −527.1% | |
| EBITDA | (27.6) | (25.4) | (22.1) | (57.1) | 3.9 | (0.2) | (11.2) | −4903.6% | |
| Depreciation & amortization | 0.9 | 0.7 | 0.7 | 1.4 | 4.1 | 0.5 | 0.4 | −33.4% | |
| Weighted average shares (shares) | 421,407 | 1,104,889 | 1,289,928 | 1,605,609 | 1,996,846 | 4,108,787 | — | — | |
| Weighted average diluted shares (shares) | 421,407 | 1,104,889 | 1,289,928 | 1,605,609 | 1,996,846 | 4,108,787 | — | — | |
| Gross margin | — | — | — | 23.1% | 68.0% | 36.2% | 61.3% | +25.1 pts | |
| Operating margin | — | — | — | −1,035.3% | −70.5% | −871.8% | −875.8% | −4.0 pts | |
| Net margin | — | — | — | −1,262.8% | −31.9% | −99.6% | −573.8% | −474.2 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.
