| USD millions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | TTM | Trend | YoY |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 0.0 | 4.2 | 6.0 | 10.1 | 12.9 | 17.7 | 31.9 | +80.2% | |
| Cost of revenue | 0.0 | 1.9 | 3.3 | 5.1 | 5.0 | 12.6 | — | — | |
| Gross profit | 0.0 | 2.4 | 2.7 | 5.0 | 7.8 | 5.1 | — | — | |
| Research & development | 5.9 | 9.6 | 13.1 | 10.7 | 14.4 | 5.0 | 7.0 | +39.6% | |
| Selling, general & administrative | 8.1 | 46.6 | 55.9 | 33.8 | 30.5 | 33.7 | — | — | |
| Selling & marketing | 0.1 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | — | |
| Operating expenses | 22.4 | 71.0 | 93.6 | 74.4 | 60.1 | 36.1 | 51.8 | +43.4% | |
| Operating income | (22.4) | (68.6) | (90.9) | (69.4) | (52.2) | (31.0) | (21.3) | +31.3% | |
| Interest expense | 7.5 | 8.7 | 1.6 | 0.1 | 0.1 | 0.0 | — | — | |
| Interest income | 0.1 | 0.0 | 1.2 | 1.9 | 1.0 | 1.6 | 3.1 | +94.1% | |
| Other income / expense | 1.0 | (27.9) | 58.8 | 17.5 | (61.2) | 26.9 | — | — | |
| Pre-tax income | (21.4) | (96.5) | (32.1) | (51.9) | (113.4) | (4.1) | (101.9) | −2379.9% | |
| Income tax | 0.1 | (0.2) | 4.6 | 9.1 | 2.9 | 0.7 | 2.0 | +193.8% | |
| Net income | (21.5) | (96.3) | (36.6) | (61.0) | (116.3) | (4.8) | (103.9) | −2072.3% | |
| 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) | (2.26) | (1.40) | (0.44) | (0.68) | (1.28) | (0.04) | — | — | |
| EPS, diluted (per share) | (2.26) | (1.40) | (0.66) | (0.68) | (1.28) | (0.18) | — | — | |
| EBITDA | (19.4) | (77.1) | (16.1) | (34.6) | (100.7) | (23.3) | (127.5) | −447.6% | |
| Depreciation & amortization | 3.0 | 10.7 | 14.3 | 17.3 | 12.7 | 7.7 | 5.7 | −25.8% | |
| Weighted average shares (shares) | 50,337,325 | 68,824,650 | 83,188,276 | 89,539,910 | 91,164,286 | 109,134,266 | — | — | |
| Weighted average diluted shares (shares) | 50,337,325 | 68,824,650 | 83,798,149 | 89,539,910 | 91,164,286 | 134,134,266 | — | — | |
| Gross margin | — | 55.8% | 45.4% | 49.8% | 61.0% | 28.8% | — | — | |
| Operating margin | — | −1,616.1% | −1,511.4% | −688.9% | −405.6% | −175.2% | −66.8% | +108.4 pts | |
| Net margin | — | −2,267.6% | −609.5% | −605.7% | −903.4% | −27.0% | −325.6% | −298.6 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.
