| USD millions | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | FY2026 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Revenue | 7.5 | 10.2 | 7.5 | 5.9 | 17.2 | 120.8 | +602.3% | |
| Cost of revenue | 85.7 | 63.6 | 54.9 | 41.1 | 5.1 | 19.2 | +274.5% | |
| Gross profit | (78.3) | (53.4) | (47.4) | (35.2) | 12.1 | 101.6 | +741.7% | |
| Research & development | 53.0 | 32.8 | 27.2 | 25.4 | 34.8 | 97.9 | +181.4% | |
| Selling, general & administrative | 63.6 | 58.0 | 53.1 | 23.6 | 39.3 | — | — | |
| Selling & marketing | 32.7 | 30.8 | 27.7 | 11.8 | 16.1 | — | — | |
| Operating expenses | 115.1 | 90.8 | 76.8 | 49.0 | 74.5 | 153.1 | +105.4% | |
| Operating income | (109.1) | (80.6) | (69.3) | (84.1) | (62.4) | (51.5) | +17.5% | |
| Interest expense | 10.7 | 17.3 | 19.4 | 20.7 | 22.9 | 23.9 | +4.4% | |
| Interest income | 0.0 | 0.0 | 0.8 | 1.8 | 3.6 | 3.9 | +10.6% | |
| Other income / expense | 9.5 | (10.5) | (12.8) | (4.0) | (39.4) | — | — | |
| Pre-tax income | (99.6) | (91.6) | (82.1) | (88.1) | (101.8) | (57.1) | +43.9% | |
| Income tax | (0.8) | (0.2) | (0.2) | (0.2) | 0.3 | 0.6 | +86.6% | |
| Net income | (98.8) | (91.3) | (81.9) | (88.0) | (102.1) | (57.8) | +43.5% | |
| Discontinued operations | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | — | |
| Other net income adjustments | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | — | |
| EPS, basic (per share) | (1.60) | (1.30) | (0.98) | (0.89) | (0.84) | (0.45) | +46.9% | |
| EPS, diluted (per share) | (1.60) | (1.30) | (0.98) | (0.89) | (0.84) | (0.45) | +46.9% | |
| EBITDA | (84.7) | (76.6) | (58.6) | (56.1) | (73.7) | (42.9) | +41.8% | |
| Depreciation & amortization | 4.3 | 4.4 | 4.1 | 1.9 | 6.4 | 8.6 | +34.7% | |
| Weighted average shares (shares) | 60,506,656 | 68,271,300 | 83,772,614 | 98,670,645 | 120,779,313 | 129,486,693 | +7.2% | |
| Weighted average diluted shares (shares) | 60,506,403 | 68,286,142 | 83,926,132 | 98,670,291 | 120,779,313 | 129,486,693 | +7.2% | |
| Gross margin | −1,049.8% | −522.6% | −632.2% | −595.9% | 70.2% | 84.1% | +13.9 pts | |
| Operating margin | −1,463.2% | −789.1% | −923.7% | −1,425.7% | −363.1% | −42.6% | +320.4 pts | |
| Net margin | −1,325.3% | −894.6% | −1,091.7% | −1,490.3% | −593.9% | −47.8% | +546.1 pts |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
