| USD millions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | TTM | Trend | YoY |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 45.4 | 42.2 | 22.4 | 64.7 | 74.7 | 101.4 | 140.4 | +38.5% | |
| Cost of revenue | 26.9 | 26.5 | 14.1 | 20.0 | 37.4 | 67.5 | 116.1 | +72.1% | |
| Gross profit | 18.6 | 15.8 | 8.3 | 44.7 | 37.3 | 33.9 | 24.3 | −28.4% | |
| Research & development | 14.3 | 15.1 | 14.1 | 3.7 | 2.1 | 3.1 | 4.0 | +30.8% | |
| Selling, general & administrative | 8.3 | 8.4 | 12.8 | 18.1 | 13.5 | 21.4 | — | — | |
| Selling & marketing | 5.3 | 5.0 | 3.6 | 1.6 | 1.1 | 1.6 | — | — | |
| Operating expenses | 24.2 | 23.9 | 94.8 | 27.7 | 104.3 | 25.4 | 60.1 | +136.6% | |
| Operating income | (5.7) | (8.2) | (86.5) | 17.1 | (66.9) | 8.5 | (35.8) | −521.3% | |
| Interest expense | 0.5 | 0.7 | 0.8 | 0.8 | 0.7 | 0.5 | 3.5 | +536.1% | |
| Interest income | 0.2 | 0.0 | 0.2 | 0.8 | 1.6 | 3.3 | 3.8 | +17.0% | |
| Other income / expense | (0.3) | (0.6) | (0.6) | (0.0) | 0.8 | (19.4) | — | — | |
| Pre-tax income | (6.0) | (8.8) | (87.1) | 17.0 | (66.1) | (10.9) | (51.4) | −370.1% | |
| Income tax | (0.1) | (0.2) | 0.4 | 3.5 | (1.3) | 0.3 | (1.8) | −621.5% | |
| Net income | (5.9) | (8.5) | (87.5) | 13.5 | (64.8) | (11.3) | (49.7) | −340.4% | |
| 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) | (14.41) | (3.90) | (17.80) | 1.92 | (6.13) | (0.51) | (1.89) | −270.7% | |
| EPS, diluted (per share) | (2.70) | (3.90) | (17.80) | 1.64 | (6.13) | (0.51) | (1.89) | −270.7% | |
| EBITDA | 2.7 | 0.6 | (78.6) | 19.1 | (64.0) | (9.1) | (52.4) | −477.1% | |
| Depreciation & amortization | 8.2 | 8.7 | 7.6 | 1.2 | 1.4 | 1.3 | 1.4 | +8.5% | |
| Weighted average shares (shares) | 411,007 | 2,173,500 | 4,908,558 | 8,219,620 | 10,565,835 | 22,250,495 | — | — | |
| Weighted average diluted shares (shares) | 2,173,500 | 2,173,500 | 4,908,558 | 8,229,000 | 10,565,835 | 22,250,495 | — | — | |
| Gross margin | 40.9% | 37.3% | 37.2% | 69.1% | 50.0% | 33.4% | 17.3% | −16.1 pts | |
| Operating margin | −12.5% | −19.3% | −386.0% | 26.4% | −89.6% | 8.4% | −25.5% | −33.9 pts | |
| Net margin | −13.0% | −20.2% | −390.6% | 20.9% | −86.8% | −11.1% | −35.4% | −24.3 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.
