| USD millions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | TTM | Trend | YoY |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 17.8 | 5.5 | 1.3 | 0.0 | 89.1 | 84.3 | 116.9 | +38.7% | |
| Cost of revenue | 14.1 | 0.2 | 17.1 | 0.0 | 20.6 | 20.4 | 33.5 | +63.9% | |
| Gross profit | 3.8 | 5.3 | (15.8) | 0.0 | 68.6 | 63.9 | 83.5 | +30.7% | |
| Research & development | 14.1 | 20.3 | 18.4 | 20.3 | 19.6 | 13.2 | 15.2 | +15.5% | |
| Selling, general & administrative | 4.2 | 4.7 | 18.7 | 47.3 | 0.0 | 230.1 | — | — | |
| Selling & marketing | 0.0 | 0.0 | 0.2 | 0.0 | 0.0 | 0.0 | — | — | |
| Operating expenses | 4.2 | 24.7 | 19.7 | 67.6 | 71.7 | 243.3 | 326.9 | +34.4% | |
| Operating income | (0.5) | (19.5) | (35.5) | (67.5) | (3.1) | (179.4) | (216.3) | −20.5% | |
| Interest expense | 0.0 | 0.1 | 0.0 | 0.0 | 0.0 | 2.6 | — | — | |
| Interest income | 0.4 | 0.8 | 0.0 | 0.0 | 0.0 | 10.7 | — | — | |
| Other income / expense | (0.6) | (0.8) | 0.8 | 13.2 | 11.4 | 8.1 | — | — | |
| Pre-tax income | (1.1) | (20.2) | (34.7) | (54.4) | 8.3 | (171.4) | (215.5) | −25.8% | |
| Income tax | 0.0 | 0.0 | 0.0 | 0.0 | 0.3 | (0.1) | (0.1) | +0.0% | |
| Net income | (1.1) | (20.2) | (34.7) | (54.4) | 8.0 | (171.3) | (215.4) | −25.8% | |
| 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) | (0.70) | (0.87) | (0.57) | 0.08 | (1.74) | (2.18) | −25.1% | |
| EPS, diluted (per share) | (0.03) | (0.70) | (0.87) | (0.57) | 0.08 | (1.74) | (2.18) | −25.1% | |
| EBITDA | (0.5) | (19.9) | (34.4) | (54.3) | 8.4 | (167.4) | (212.7) | −27.0% | |
| Depreciation & amortization | 0.0 | 0.2 | 0.3 | 0.1 | 0.1 | 1.4 | 1.6 | +18.6% | |
| Weighted average shares (shares) | 34,701,274 | 28,872,242 | 39,956,043 | 95,215,322 | 96,936,661 | 98,566,481 | — | — | |
| Weighted average diluted shares (shares) | 34,701,274 | 28,872,242 | 39,956,043 | 95,215,322 | 102,390,828 | 98,566,481 | — | — | |
| Gross margin | 21.1% | 96.1% | −1,200.9% | 100.0% | 76.9% | 75.8% | 71.4% | −4.4 pts | |
| Operating margin | −2.6% | −353.3% | −2,698.8% | −225,066.7% | −3.5% | −212.9% | −185.0% | +28.0 pts | |
| Net margin | −6.0% | −367.7% | −2,635.4% | −181,216.7% | 9.0% | −203.3% | −184.2% | +19.0 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.
