| USD millions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | TTM | Trend | YoY |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 47.5 | 52.1 | 57.9 | 65.3 | 69.4 | 70.7 | 69.2 | −2.2% | |
| Cost of revenue | 26.5 | 30.3 | 32.5 | 38.9 | 40.6 | 40.7 | 37.4 | −8.1% | |
| Gross profit | 21.0 | 21.8 | 25.4 | 26.4 | 28.7 | 30.1 | 31.8 | +5.7% | |
| Research & development | 5.9 | 5.6 | 6.0 | 8.2 | 9.1 | 10.1 | 9.5 | −6.5% | |
| Selling, general & administrative | 15.5 | 19.7 | 24.7 | 40.3 | 42.6 | 45.2 | — | — | |
| Selling & marketing | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | — | |
| Operating expenses | 21.4 | 25.3 | 30.8 | 48.5 | 51.7 | 55.3 | — | — | |
| Operating income | (0.5) | (3.5) | (5.3) | (22.1) | (23.0) | (25.2) | (27.2) | −7.9% | |
| Interest expense | 0.1 | 0.1 | 0.2 | 0.3 | 0.3 | 0.8 | 11.1 | +1298.7% | |
| Interest income | 0.0 | 0.0 | 0.4 | 1.4 | 0.9 | 0.3 | — | — | |
| Other income / expense | (1.5) | 3.8 | 2.5 | (0.5) | 2.2 | (4.1) | — | — | |
| Pre-tax income | (1.9) | 0.3 | (2.8) | (22.6) | (20.8) | (29.3) | (38.5) | −31.5% | |
| Income tax | 0.0 | (0.5) | 0.3 | 0.3 | (0.2) | 0.1 | 0.3 | +375.8% | |
| Net income | (1.9) | 0.8 | (3.1) | (22.9) | (20.6) | (29.3) | (38.9) | −32.6% | |
| 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) | (0.07) | 0.03 | (0.09) | (0.62) | (0.55) | (0.78) | (1.04) | −33.2% | |
| EPS, diluted (per share) | (0.07) | 0.03 | (0.09) | (0.62) | (0.55) | (0.78) | (1.04) | −33.2% | |
| EBITDA | 2.1 | 2.7 | (0.9) | (20.3) | (17.7) | (25.0) | — | — | |
| Depreciation & amortization | 2.5 | 2.3 | 1.7 | 2.1 | 2.8 | 3.4 | — | — | |
| Weighted average shares (shares) | 29,148,108 | 32,129,047 | 34,392,598 | 36,996,722 | 37,286,446 | 37,442,155 | — | — | |
| Weighted average diluted shares (shares) | 29,148,108 | 32,422,871 | 34,392,598 | 36,996,722 | 37,286,446 | 37,442,155 | — | — | |
| Gross margin | 44.1% | 41.8% | 43.9% | 40.4% | 41.4% | 42.5% | 46.0% | +3.4 pts | |
| Operating margin | −1.0% | −6.7% | −9.2% | −33.8% | −33.1% | −35.6% | −39.3% | −3.7 pts | |
| Net margin | −4.1% | 1.6% | −5.3% | −35.0% | −29.7% | −41.5% | −56.3% | −14.8 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.
