| USD millions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Revenue | 24.3 | 15.9 | 14.0 | 15.8 | 10.9 | 9.0 | −17.5% | |
| Cost of revenue | 20.8 | 17.0 | 11.4 | 11.4 | 8.0 | 7.9 | −0.6% | |
| Gross profit | 3.5 | (1.1) | 2.7 | 4.4 | 2.9 | 1.1 | −63.8% | |
| Research & development | 8.1 | 6.9 | 4.8 | 5.9 | 5.1 | 4.6 | −8.7% | |
| Selling, general & administrative | 18.7 | (2.7) | 2.4 | 5.3 | 5.2 | 5.0 | −3.6% | |
| Selling & marketing | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Operating expenses | 26.8 | 4.1 | 7.2 | 11.2 | 10.2 | 9.6 | −6.1% | |
| Operating income | (23.2) | (5.3) | (4.4) | (6.8) | (7.3) | (8.6) | −16.7% | |
| Interest expense | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Interest income | 1.0 | 1.1 | 2.2 | 2.2 | 2.8 | 2.2 | −19.7% | |
| Other income / expense | (2.2) | 2.8 | 1.4 | 4.2 | 3.6 | 2.2 | −38.9% | |
| Pre-tax income | (25.5) | (2.5) | (2.9) | (2.6) | (3.7) | (6.3) | −71.7% | |
| Income tax | (1.8) | 3.3 | 2.1 | 1.3 | 0.7 | 1.6 | +137.5% | |
| Net income | (23.7) | (5.8) | (5.0) | (3.9) | (4.4) | (8.0) | −82.0% | |
| 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) | (2.64) | (0.65) | (0.55) | (0.42) | (0.48) | (0.87) | −81.3% | |
| EPS, diluted (per share) | (2.64) | (0.65) | (0.55) | (0.42) | (0.48) | (0.87) | −81.3% | |
| EBITDA | (24.9) | (4.9) | (4.2) | (6.6) | (7.1) | (7.3) | −3.2% | |
| Depreciation & amortization | 0.6 | 0.4 | 0.2 | 0.2 | 0.3 | 1.3 | +363.3% | |
| Weighted average shares (shares) | 8,970,250 | 9,006,750 | 9,056,000 | 9,113,000 | 9,150,000 | 9,190,000 | +0.4% | |
| Weighted average diluted shares (shares) | 8,970,250 | 9,006,750 | 9,056,000 | 9,113,000 | 9,150,000 | 9,190,000 | +0.4% | |
| Gross margin | 14.5% | −6.8% | 19.1% | 27.9% | 26.7% | 11.7% | −15.0 pts | |
| Operating margin | −95.6% | −33.4% | −31.3% | −43.2% | −67.4% | −95.3% | −27.9 pts | |
| Net margin | −97.4% | −36.6% | −35.7% | −24.4% | −40.2% | −88.5% | −48.4 pts |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
