| USD millions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Revenue | 64.4 | 85.8 | 61.8 | 6.5 | 8.0 | 0.3 | −96.4% | |
| Cost of revenue | 36.9 | 49.4 | 33.3 | 3.5 | 3.2 | 0.0 | −100.0% | |
| Gross profit | 27.5 | 36.4 | 28.5 | 3.1 | 4.9 | 0.3 | −94.1% | |
| Research & development | 16.5 | 29.5 | 7.3 | 3.5 | 1.6 | 2.0 | +27.4% | |
| Selling, general & administrative | 74.7 | 88.0 | 64.0 | 31.0 | 15.5 | 6.2 | −60.2% | |
| Selling & marketing | 49.3 | 11.4 | 9.1 | 2.1 | 1.0 | 0.0 | −100.0% | |
| Operating expenses | 91.2 | 117.5 | 71.3 | (9.6) | 19.5 | 8.2 | −57.9% | |
| Operating income | (63.7) | (81.1) | (42.8) | 12.6 | (14.6) | (7.9) | +45.9% | |
| Interest expense | 12.5 | 16.6 | 41.3 | 0.4 | 0.1 | 0.0 | −65.5% | |
| Interest income | 0.2 | 0.1 | 0.1 | 0.1 | 0.1 | 0.0 | −82.7% | |
| Other income / expense | (12.5) | (16.6) | (28.8) | 11.3 | 6.3 | (0.2) | −102.7% | |
| Pre-tax income | (76.2) | (97.7) | (71.7) | 23.9 | (8.3) | (8.1) | +2.3% | |
| Income tax | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Net income | (76.2) | (97.7) | (71.7) | 23.9 | (8.3) | (0.4) | +94.8% | |
| Discontinued operations | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 7.7 | — | |
| Other net income adjustments | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| EPS, basic (per share) | (1,000.00) | (1,000.00) | (600.00) | 46.00 | (7.00) | 0.00 | +100.0% | |
| EPS, diluted (per share) | (1,000.00) | (1,000.00) | (600.00) | 46.00 | (7.00) | 0.00 | +100.0% | |
| EBITDA | (55.0) | (63.0) | (22.2) | 26.3 | (7.6) | (7.7) | −0.8% | |
| Depreciation & amortization | 8.7 | 18.1 | 8.2 | 2.0 | 0.6 | 0.4 | −33.9% | |
| Weighted average shares (shares) | 72,854 | 93,054 | 123,858 | 518,244 | 2,464,544 | 3,159,175 | +28.2% | |
| Weighted average diluted shares (shares) | 72,854 | 93,054 | 123,858 | 518,244 | 2,464,544 | 3,159,175 | +28.2% | |
| Gross margin | 42.7% | 42.4% | 46.1% | 47.0% | 60.3% | 100.0% | +39.7 pts | |
| Operating margin | −99.0% | −94.6% | −69.3% | 193.4% | −181.7% | −2,765.4% | −2583.7 pts | |
| Net margin | −118.4% | −114.0% | −116.0% | 366.2% | −102.8% | −150.0% | −47.2 pts |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
