| USD millions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | TTM | Trend | YoY |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 0.2 | 0.7 | 0.5 | 0.7 | 0.3 | 0.2 | 0.2 | −1.5% | |
| Cost of revenue | 0.1 | 0.3 | 0.0 | 0.1 | 0.1 | 0.0 | 0.4 | +862.8% | |
| Gross profit | 0.1 | 0.4 | 0.4 | 0.5 | 0.3 | 0.2 | (1.3) | −924.8% | |
| Research & development | 15.2 | 28.4 | 31.9 | 26.7 | 20.1 | 14.0 | 12.8 | −8.5% | |
| Selling, general & administrative | 3.3 | 18.8 | 16.2 | 14.4 | 13.3 | 9.2 | — | — | |
| Selling & marketing | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | — | |
| Operating expenses | 20.4 | 50.4 | 48.9 | 41.1 | 33.4 | 23.2 | 20.4 | −12.3% | |
| Operating income | (20.2) | (50.0) | (48.4) | (40.5) | (33.1) | (23.1) | (20.6) | +11.0% | |
| Interest expense | 1.0 | 0.9 | 3.3 | 4.6 | 4.1 | 2.7 | 2.9 | +7.4% | |
| Interest income | 0.0 | 0.0 | 0.0 | 1.4 | 0.9 | 0.2 | 0.2 | −18.4% | |
| Other income / expense | 1.3 | 39.8 | 18.5 | (9.0) | (6.3) | (3.1) | — | — | |
| Pre-tax income | (18.9) | (10.2) | (29.9) | (49.5) | (39.4) | (26.2) | (39.5) | −51.0% | |
| Income tax | 0.4 | (0.4) | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Net income | (19.3) | (9.7) | (29.9) | (49.5) | (39.4) | (26.2) | (39.5) | −51.0% | |
| 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) | (5.51) | (3.16) | (4.69) | (9.43) | (5.67) | (2.65) | (3.50) | −32.1% | |
| EPS, diluted (per share) | (5.51) | (3.16) | (4.69) | (9.43) | (5.67) | (2.65) | (3.51) | −32.4% | |
| EBITDA | (17.0) | (8.3) | (25.6) | (43.2) | (33.7) | (22.0) | (24.4) | −10.7% | |
| Depreciation & amortization | 1.0 | 1.0 | 1.0 | 1.7 | 1.6 | 1.5 | 1.4 | −4.1% | |
| Weighted average shares (shares) | 3,500,800 | 3,077,923 | 3,260,233 | 5,246,941 | 6,954,133 | 9,858,907 | — | — | |
| Weighted average diluted shares (shares) | 3,500,800 | 3,077,923 | 3,260,233 | 5,246,941 | 6,954,133 | 9,858,907 | — | — | |
| Gross margin | 68.4% | 60.0% | 94.5% | 81.5% | 79.5% | 78.5% | −657.4% | −735.9 pts | |
| Operating margin | −9,812.6% | −6,912.6% | −10,234.5% | −6,198.8% | −9,676.3% | −11,541.5% | −10,432.0% | +1109.5 pts | |
| Net margin | −9,357.8% | −1,347.2% | −6,325.2% | −7,569.4% | −11,520.5% | −13,086.5% | −20,059.9% | −6973.4 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.
