| USD millions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Revenue | 11.1 | 19.4 | 24.2 | 38.6 | 36.7 | 30.8 | −16.0% | |
| Cost of revenue | 7.1 | 15.5 | 17.0 | 29.8 | 28.9 | 27.4 | −5.0% | |
| Gross profit | 3.9 | 9.3 | 7.2 | 8.9 | 7.8 | 3.4 | −56.6% | |
| Research & development | 3.9 | 4.5 | 3.6 | 3.0 | 2.4 | 1.7 | −29.4% | |
| Selling, general & administrative | 17.4 | 13.6 | 6.8 | 6.1 | 7.0 | 10.9 | +56.6% | |
| Selling & marketing | 0.7 | 0.7 | 0.6 | 0.5 | 0.7 | 1.1 | +42.1% | |
| Operating expenses | 20.8 | 17.9 | 10.4 | 9.0 | 9.4 | 12.3 | +31.2% | |
| Operating income | (17.4) | (10.1) | (3.2) | (0.2) | (1.6) | (8.9) | −455.4% | |
| Interest expense | 1.0 | 0.9 | 0.6 | 0.6 | 0.5 | 1.0 | +112.6% | |
| Interest income | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | −39.5% | |
| Other income / expense | (1.0) | (1.6) | 2.7 | (0.0) | (0.2) | (1.1) | −451.6% | |
| Pre-tax income | (18.4) | (11.8) | (0.5) | (0.2) | (1.8) | (10.0) | −455.0% | |
| Income tax | (0.1) | 0.0 | 0.1 | 0.0 | 0.0 | 0.0 | +204.7% | |
| Net income | (17.7) | (9.9) | (7.1) | (0.7) | (1.8) | (10.1) | −453.0% | |
| Discontinued operations | 0.0 | 1.8 | (6.5) | (0.5) | 0.0 | 0.0 | — | |
| Other net income adjustments | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| EPS, basic (per share) | (719.94) | (266.61) | (11.02) | (2.57) | (7.60) | (7.88) | −3.7% | |
| EPS, diluted (per share) | (720.00) | (266.70) | (11.10) | (2.57) | (7.60) | (7.88) | −3.7% | |
| EBITDA | (13.9) | (8.6) | 3.5 | 3.3 | 0.8 | (7.3) | −1039.1% | |
| Depreciation & amortization | 3.5 | 2.2 | 3.5 | 3.0 | 2.1 | 1.7 | −20.7% | |
| Weighted average shares (shares) | 24,576 | 37,213 | 55,173 | 271,537 | 239,335 | 1,276,868 | +433.5% | |
| Weighted average diluted shares (shares) | 24,578 | 44,118 | 52,851 | 90,319 | 239,335 | 1,277,310 | +433.7% | |
| Gross margin | 35.6% | 48.2% | 29.8% | 22.9% | 21.2% | 10.9% | −10.3 pts | |
| Operating margin | −157.0% | −52.3% | −13.1% | −0.5% | −4.4% | −29.0% | −24.6 pts | |
| Net margin | −159.9% | −51.2% | −29.2% | −1.8% | −5.0% | −32.7% | −27.7 pts |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
