| USD millions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | TTM | Trend | YoY |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 5.7 | (0.8) | 3.5 | 2.8 | 2.6 | 33.5 | 32.0 | −4.5% | |
| Cost of revenue | 0.1 | 0.2 | 0.3 | 0.2 | 0.2 | 0.2 | 0.2 | +14.2% | |
| Gross profit | 5.6 | (1.0) | 3.2 | 2.6 | 2.4 | 33.3 | 31.5 | −5.3% | |
| Research & development | 13.5 | 12.9 | 21.9 | 33.8 | 42.8 | 58.2 | 63.2 | +8.7% | |
| Selling, general & administrative | 10.8 | 7.9 | 13.9 | 20.3 | 23.9 | 26.9 | — | — | |
| Selling & marketing | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | — | |
| Operating expenses | 24.3 | 20.8 | 35.9 | 54.1 | 66.7 | 85.1 | 89.9 | +5.6% | |
| Operating income | (18.8) | (21.8) | (32.7) | (51.5) | (64.3) | (51.8) | (58.0) | −11.9% | |
| Interest expense | 0.0 | 0.9 | 0.0 | 0.0 | 0.0 | 1.1 | 3.9 | +236.8% | |
| Interest income | 0.3 | 0.0 | 0.1 | 3.8 | 3.4 | 0.0 | — | — | |
| Other income / expense | (2.6) | (1.2) | (1.0) | 2.4 | 3.3 | (0.9) | — | — | |
| Pre-tax income | (21.4) | (23.0) | (33.6) | (49.1) | (61.0) | (52.7) | (59.0) | −12.0% | |
| Income tax | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Net income | (21.4) | (23.0) | (33.6) | (49.1) | (61.0) | (52.7) | (59.0) | −12.0% | |
| 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) | (0.01) | (0.02) | (1.32) | (1.48) | (1.66) | (1.38) | (1.22) | +12.0% | |
| EPS, diluted (per share) | (0.01) | (0.02) | (1.32) | (1.48) | (1.66) | (1.38) | (1.22) | +12.0% | |
| EBITDA | (18.6) | (21.9) | (33.4) | (48.8) | (60.7) | (51.2) | (55.4) | −8.2% | |
| Depreciation & amortization | 0.1 | 0.2 | 0.2 | 0.3 | 0.3 | 0.3 | 0.3 | +6.7% | |
| Weighted average shares (shares) | 20,450,000 | 20,450,000 | 25,472,441 | 33,225,226 | 36,821,042 | 38,392,716 | — | — | |
| Weighted average diluted shares (shares) | 20,450,000 | 20,450,000 | 25,472,441 | 33,225,226 | 36,821,042 | 38,392,716 | — | — | |
| Gross margin | 97.5% | 125.4% | 90.9% | 93.3% | 92.3% | 99.4% | 98.6% | −0.8 pts | |
| Operating margin | −328.8% | 2,787.6% | −924.3% | −1,866.2% | −2,437.5% | −154.7% | −181.4% | −26.6 pts | |
| Net margin | −374.5% | 2,943.0% | −951.3% | −1,779.7% | −2,313.3% | −157.4% | −184.6% | −27.2 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.
