| USD millions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | TTM | Trend | YoY |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 4.6 | 9.5 | 39.4 | 81.0 | 95.5 | 100.6 | 117.7 | +16.9% | |
| Cost of revenue | 2.7 | 7.8 | 43.7 | 146.2 | 138.5 | 86.4 | 89.2 | +3.2% | |
| Gross profit | 1.8 | 1.7 | (4.4) | (65.2) | (43.0) | 14.2 | (18.7) | −231.2% | |
| Research & development | 0.6 | 1.6 | 6.3 | 15.7 | 18.9 | 18.7 | 21.7 | +15.6% | |
| Selling, general & administrative | 2.4 | 7.5 | 22.2 | 50.6 | 54.0 | 72.6 | — | — | |
| Selling & marketing | 0.7 | 2.9 | 6.1 | 13.4 | 17.3 | 23.9 | — | — | |
| Operating expenses | 3.1 | 12.2 | 31.2 | 70.4 | 87.9 | 91.4 | 251.3 | +175.0% | |
| Operating income | (1.3) | (10.5) | (35.6) | (135.5) | (130.9) | (77.1) | (164.6) | −113.4% | |
| Interest expense | 0.0 | 2.9 | 1.1 | 0.0 | 0.0 | 0.0 | — | — | |
| Interest income | 0.0 | 0.0 | 3.0 | 15.5 | 8.1 | 10.4 | 8.0 | −23.6% | |
| Other income / expense | 0.0 | (3.0) | 24.0 | 15.8 | (209.5) | (4.6) | — | — | |
| Pre-tax income | (1.3) | (13.5) | (11.6) | (119.7) | (340.4) | (81.8) | (159.9) | −95.6% | |
| Income tax | (0.0) | (0.1) | (0.2) | (3.3) | (2.0) | 0.1 | 0.2 | +261.5% | |
| Net income | (1.3) | (13.4) | (11.4) | (116.4) | (338.4) | (81.8) | (158.4) | −93.5% | |
| 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) | (0.03) | (0.08) | (0.05) | (0.58) | (1.66) | (0.32) | (0.59) | −82.9% | |
| EPS, diluted (per share) | (0.03) | (0.08) | (0.05) | (0.58) | (1.66) | (0.32) | (0.59) | −82.9% | |
| EBITDA | (1.2) | (10.4) | (32.4) | (131.5) | (326.8) | (67.2) | (136.7) | −103.5% | |
| Depreciation & amortization | 0.0 | 0.2 | 2.1 | 4.9 | 13.6 | 14.6 | 27.9 | +91.8% | |
| Weighted average shares (shares) | 43,125,000 | 173,518,855 | 242,443,272 | 201,442,321 | 204,100,000 | 254,739,238 | — | — | |
| Weighted average diluted shares (shares) | 43,125,000 | 173,518,855 | 242,443,272 | 201,442,321 | 204,100,000 | 254,739,238 | — | — | |
| Gross margin | 40.5% | 17.5% | −11.1% | −80.5% | −45.0% | 14.2% | −15.9% | −30.0 pts | |
| Operating margin | −27.7% | −111.1% | −90.4% | −167.4% | −137.0% | −76.7% | −139.9% | −63.2 pts | |
| Net margin | −27.6% | −141.7% | −29.0% | −143.8% | −354.4% | −81.3% | −134.6% | −53.3 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.
