| USD millions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | TTM | Trend | YoY |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 7.4 | 4.7 | 2.4 | 6.9 | 7.0 | 1.5 | 0.2 | −89.5% | |
| Cost of revenue | 42.5 | 53.3 | 82.3 | 118.0 | 163.6 | 0.0 | 3.4 | — | |
| Gross profit | (35.1) | (48.7) | (79.9) | (111.1) | (156.5) | 1.5 | (3.2) | −315.9% | |
| Research & development | 40.5 | 56.8 | 82.3 | 118.0 | 163.6 | 245.1 | 278.8 | +13.8% | |
| Selling, general & administrative | 14.5 | 20.5 | 27.2 | 30.9 | 38.5 | 43.8 | — | — | |
| Selling & marketing | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | — | |
| Operating expenses | 28.2 | 22.6 | 35.3 | 43.4 | 38.5 | 288.9 | 325.1 | +12.5% | |
| Operating income | (63.4) | (71.2) | (115.2) | (154.5) | (195.1) | (287.4) | (325.8) | −13.4% | |
| Interest expense | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Interest income | 2.4 | 0.5 | 2.9 | 13.1 | 37.2 | 28.6 | — | — | |
| Other income / expense | 2.4 | 0.5 | 2.9 | 13.1 | 37.2 | 28.6 | — | — | |
| Pre-tax income | (60.9) | (70.7) | (112.3) | (141.4) | (157.9) | (258.8) | (300.5) | −16.1% | |
| Income tax | (1.2) | (0.2) | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Net income | (59.8) | (70.5) | (112.3) | (141.4) | (157.9) | (258.8) | (300.5) | −16.1% | |
| 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) | (2.02) | (1.64) | (2.40) | (2.92) | (2.45) | (3.90) | (4.35) | −11.6% | |
| EPS, diluted (per share) | (2.02) | (1.64) | (2.40) | (2.92) | (2.45) | (3.90) | (4.35) | −11.6% | |
| EBITDA | (45.6) | (66.1) | (104.2) | (139.0) | (154.7) | (255.4) | (316.7) | −24.0% | |
| Depreciation & amortization | 3.9 | 3.1 | 2.9 | 3.0 | 3.2 | 3.4 | 3.4 | +0.5% | |
| Weighted average shares (shares) | 29,640,000 | 42,870,000 | 46,888,000 | 48,449,000 | 64,395,000 | 66,500,000 | — | — | |
| Weighted average diluted shares (shares) | 29,640,000 | 42,870,000 | 46,888,000 | 48,449,000 | 64,395,000 | 66,500,000 | — | — | |
| Gross margin | −473.4% | −1,046.2% | −3,389.9% | −1,614.5% | −2,229.8% | 100.0% | −2,049.4% | −2149.4 pts | |
| Operating margin | −854.1% | −1,531.8% | −4,889.0% | −2,245.3% | −2,778.9% | −19,160.0% | −206,220.3% | −187060.3 pts | |
| Net margin | −805.9% | −1,516.0% | −4,765.6% | −2,054.8% | −2,248.8% | −17,253.3% | −190,220.9% | −172967.6 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.
