| USD millions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | TTM | Trend | YoY |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 0.0 | 0.0 | 0.0 | 0.1 | 3.3 | 7.5 | 7.5 | −0.9% | |
| Cost of revenue | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | — | |
| Gross profit | 0.0 | 0.0 | 0.0 | 0.1 | 3.3 | 7.5 | — | — | |
| Research & development | 11.7 | 19.6 | 17.1 | 11.9 | 10.5 | 10.0 | 10.3 | +2.9% | |
| Selling, general & administrative | 5.7 | 6.2 | 8.1 | 10.1 | 7.3 | 6.5 | — | — | |
| Selling & marketing | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | — | |
| Operating expenses | 16.6 | 25.8 | 25.3 | 22.3 | 18.1 | 16.8 | 16.2 | −3.6% | |
| Operating income | (16.6) | (25.8) | (25.3) | (22.2) | (14.7) | (9.2) | (8.7) | +5.8% | |
| Interest expense | 0.2 | 0.9 | 1.5 | 0.9 | 1.0 | 0.9 | 2.9 | +225.9% | |
| Interest income | 0.2 | 2.0 | 2.8 | 0.2 | 0.3 | 0.3 | — | — | |
| Other income / expense | (0.0) | 1.1 | 1.3 | (0.7) | 3.4 | 0.6 | — | — | |
| Pre-tax income | (16.6) | (24.7) | (23.9) | (22.9) | (11.4) | (8.6) | (9.6) | −11.5% | |
| Income tax | (1.6) | (0.2) | (0.8) | (0.8) | (0.8) | (0.9) | (0.9) | −3.4% | |
| Net income | (15.0) | (24.5) | (23.2) | (22.1) | (10.6) | (7.7) | (8.7) | −12.5% | |
| 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) | (37.00) | (50.40) | (39.20) | (32.40) | (9.80) | (1.21) | (1.06) | +12.6% | |
| EPS, diluted (per share) | (37.00) | (50.40) | (39.20) | (32.40) | (9.80) | (1.21) | (1.06) | +12.6% | |
| EBITDA | (16.5) | (24.2) | (22.6) | (21.4) | (9.8) | (7.1) | — | — | |
| Depreciation & amortization | 0.1 | 0.3 | 0.6 | 0.6 | 0.6 | 0.6 | — | — | |
| Weighted average shares (shares) | 404,966 | 487,328 | 590,967 | 683,395 | 1,072,889 | 6,408,127 | — | — | |
| Weighted average diluted shares (shares) | 404,966 | 487,328 | 590,967 | 683,395 | 1,072,889 | 6,408,127 | — | — | |
| Gross margin | — | — | — | 100.0% | 100.0% | 100.0% | — | — | |
| Operating margin | — | — | — | −30,406.8% | −440.6% | −122.7% | −116.6% | +6.0 pts | |
| Net margin | — | — | — | −30,308.2% | −316.0% | −102.4% | −116.2% | −13.9 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.
