| USD millions | FY2022 | FY2023 | FY2024 | FY2025 | Trend | YoY |
|---|---|---|---|---|---|---|
| Revenue | 3.8 | 6.4 | 7.6 | 7.9 | +3.9% | |
| Cost of revenue | 3.5 | 5.1 | 6.6 | 7.7 | +16.7% | |
| Gross profit | 0.3 | 1.3 | 1.0 | 0.2 | −80.0% | |
| Research & development | 2.4 | 2.2 | 2.6 | 7.0 | +173.9% | |
| Selling, general & administrative | 5.9 | 5.8 | 7.4 | 25.4 | +245.1% | |
| Selling & marketing | 2.9 | 2.5 | 2.1 | 3.6 | +71.9% | |
| Operating expenses | 8.3 | 8.0 | 9.9 | 32.4 | +226.6% | |
| Operating income | (8.0) | (6.8) | (8.9) | (32.2) | −261.3% | |
| Interest expense | 0.1 | 0.1 | 0.2 | 0.3 | +46.5% | |
| Interest income | 0.0 | 0.1 | 0.1 | 0.1 | +1.0% | |
| Other income / expense | (1.0) | (0.0) | (1.4) | 0.4 | +126.5% | |
| Pre-tax income | (9.1) | (6.8) | (10.3) | (31.9) | −210.0% | |
| Income tax | 0.0 | (0.0) | (0.0) | 0.0 | +366.0% | |
| Net income | (9.1) | (6.7) | (10.3) | (31.9) | −210.2% | |
| Discontinued operations | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Other net income adjustments | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| EPS, basic (per share) | (0.12) | (0.09) | (0.14) | (0.39) | −178.6% | |
| EPS, diluted (per share) | (0.12) | (0.09) | (0.14) | (0.39) | −178.6% | |
| EBITDA | (7.9) | (5.7) | (8.8) | (30.0) | −242.8% | |
| Depreciation & amortization | 1.0 | 0.9 | 1.3 | 1.6 | +17.3% | |
| Weighted average shares (shares) | 74,377,778 | 74,377,778 | 74,377,778 | 81,673,982 | +9.8% | |
| Weighted average diluted shares (shares) | 74,377,778 | 74,377,778 | 74,377,778 | 81,673,982 | +9.8% | |
| Gross margin | 7.6% | 19.8% | 13.3% | 2.6% | −10.7 pts | |
| Operating margin | −212.7% | −105.9% | −117.8% | −409.8% | −292.0 pts | |
| Net margin | −240.1% | −105.5% | −135.7% | −405.2% | −269.5 pts |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
