| USD millions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | TTM | Trend | YoY |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 1.8 | 0.4 | 0.1 | 0.0 | 4.0 | 2.5 | 0.0 | −100.0% | |
| Cost of revenue | 0.0 | 15.6 | 9.1 | 20.7 | 0.1 | 18.1 | 4.0 | −78.2% | |
| Gross profit | 1.8 | (15.2) | (9.0) | (20.7) | 3.9 | (15.6) | (4.0) | +74.7% | |
| Research & development | 2.4 | 15.6 | 9.1 | 20.7 | 23.7 | 18.1 | 15.1 | −16.9% | |
| Selling, general & administrative | 2.2 | 3.6 | 5.0 | 5.9 | 5.4 | 6.0 | — | — | |
| Selling & marketing | 0.0 | 0.0 | 0.0 | (0.1) | 0.0 | 0.0 | — | — | |
| Operating expenses | 4.6 | 3.6 | 5.0 | 6.0 | 29.0 | 6.0 | 16.6 | +176.8% | |
| Operating income | (2.8) | (18.7) | (14.0) | (26.7) | (25.1) | (21.6) | (20.5) | +5.1% | |
| Interest expense | 0.1 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Interest income | 0.0 | 0.0 | 0.0 | 0.8 | 0.2 | 0.2 | 0.1 | −40.3% | |
| Other income / expense | (0.1) | 0.2 | 0.0 | 0.8 | 0.2 | 0.2 | — | — | |
| Pre-tax income | (3.0) | (18.6) | (14.0) | (26.0) | (25.0) | (21.5) | (20.4) | +4.8% | |
| Income tax | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Net income | (3.0) | (18.6) | (14.0) | (26.0) | (25.0) | (21.5) | (20.4) | +4.8% | |
| 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) | (29.00) | (182.50) | (138.00) | (255.50) | (120.50) | (22.40) | (6.45) | +71.2% | |
| EPS, diluted (per share) | (29.00) | (182.50) | (138.00) | (255.50) | (120.50) | (22.40) | (13.93) | +37.8% | |
| EBITDA | (2.8) | (18.5) | (14.0) | (25.9) | (24.9) | (21.4) | (20.5) | +4.4% | |
| Depreciation & amortization | 0.0 | 0.0 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | −13.9% | |
| Weighted average shares (shares) | 101,595 | 101,595 | 101,595 | 101,595 | 207,482 | 958,443 | — | — | |
| Weighted average diluted shares (shares) | 101,595 | 101,595 | 101,595 | 101,595 | 207,482 | 958,443 | — | — | |
| Gross margin | 100.0% | −3,934.8% | −11,090.9% | — | 97.6% | −628.0% | — | — | |
| Operating margin | −154.5% | −4,862.7% | −17,207.5% | — | −635.8% | −869.3% | — | — | |
| Net margin | −162.2% | −4,817.2% | −17,198.3% | — | −632.0% | −862.3% | — | — |
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.
