| USD millions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | TTM | Trend | YoY |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 0.3 | 0.2 | 2.6 | 25.2 | 22.3 | 0.0 | 0.0 | — | |
| Cost of revenue | 0.0 | 0.0 | 21.8 | 36.4 | 50.0 | 0.0 | 1.6 | — | |
| Gross profit | 0.3 | 0.2 | (19.3) | (11.3) | (27.7) | 0.0 | (1.6) | — | |
| Research & development | 8.5 | 13.6 | 21.8 | 36.4 | 50.0 | 84.5 | 99.7 | +18.1% | |
| Selling, general & administrative | 5.5 | 7.6 | 10.4 | 12.8 | 14.9 | 22.7 | — | — | |
| Selling & marketing | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | — | |
| Operating expenses | 14.0 | 21.2 | 10.4 | 12.8 | 14.9 | 108.1 | 135.2 | +25.0% | |
| Operating income | (13.7) | (20.9) | (29.7) | (24.1) | (42.6) | (108.1) | (135.2) | −25.0% | |
| Interest expense | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 3.0 | — | — | |
| Interest income | 0.0 | 0.0 | 0.5 | 1.7 | 2.2 | 6.3 | — | — | |
| Other income / expense | 0.0 | 0.9 | 0.7 | 1.8 | 2.1 | 3.1 | — | — | |
| Pre-tax income | (13.7) | (20.0) | (29.0) | (22.3) | (40.5) | (105.0) | (129.4) | −23.2% | |
| Income tax | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Net income | (13.7) | (20.0) | (29.0) | (22.3) | (40.5) | (105.0) | (129.4) | −23.2% | |
| 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) | (0.88) | (0.87) | (1.18) | (0.83) | (1.15) | (2.26) | (2.45) | −8.3% | |
| EPS, diluted (per share) | (0.88) | (0.87) | (1.18) | (0.83) | (1.15) | (2.26) | (2.45) | −8.3% | |
| EBITDA | (13.5) | (19.8) | (28.5) | (21.2) | (39.0) | (100.1) | (130.2) | −30.1% | |
| Depreciation & amortization | 0.1 | 0.2 | 0.5 | 1.1 | 1.4 | 1.9 | 2.1 | +10.8% | |
| Weighted average shares (shares) | 15,571,056 | 23,089,323 | 24,553,000 | 26,778,000 | 35,219,000 | 46,478,416 | — | — | |
| Weighted average diluted shares (shares) | 15,571,056 | 23,089,323 | 24,553,000 | 26,778,000 | 35,219,000 | 46,478,416 | — | — | |
| Gross margin | 100.0% | 100.0% | −755.1% | −44.8% | −124.4% | — | — | — | |
| Operating margin | −4,412.6% | −8,549.9% | −1,163.9% | −95.6% | −191.1% | — | — | — | |
| Net margin | −4,401.9% | −8,175.9% | −1,137.4% | −88.5% | −181.7% | — | — | — |
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.
