| USD millions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | TTM | Trend | YoY |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 28.1 | 30.9 | 40.5 | 32.2 | 11.9 | 7.0 | 14.5 | +105.9% | |
| Cost of revenue | 26.7 | 29.5 | 38.7 | 40.9 | 14.3 | 10.2 | 10.9 | +6.9% | |
| Gross profit | 1.4 | 1.5 | 1.8 | (8.7) | (2.4) | (3.1) | (3.2) | −2.5% | |
| Research & development | 4.1 | 3.9 | 3.6 | 2.6 | 1.1 | 0.7 | 0.8 | +14.4% | |
| Selling, general & administrative | 15.0 | 25.9 | 32.2 | 31.8 | 10.3 | 7.6 | — | — | |
| Selling & marketing | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | — | |
| Operating expenses | 20.6 | 29.9 | 35.5 | 36.2 | 11.6 | 8.3 | 9.4 | +13.9% | |
| Operating income | (19.2) | (28.4) | (33.6) | (44.9) | (14.0) | (11.4) | (12.3) | −8.1% | |
| Interest expense | 0.1 | 0.1 | 0.1 | 9.4 | 2.1 | 1.5 | 0.6 | −60.5% | |
| Interest income | 1.8 | 0.3 | 0.3 | 0.2 | 0.1 | 0.1 | — | — | |
| Other income / expense | (0.5) | (4.2) | (2.9) | (9.7) | (1.5) | (1.7) | — | — | |
| Pre-tax income | (19.7) | (32.6) | (36.5) | (54.6) | (15.5) | (13.1) | (12.8) | +2.4% | |
| Income tax | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | (0.0) | 0.0 | +121.4% | |
| Net income | (19.7) | (32.6) | (59.8) | (140.8) | (15.2) | (5.1) | (3.9) | +22.3% | |
| Discontinued operations | 0.0 | 0.0 | (23.2) | (86.1) | 0.3 | 8.1 | — | — | |
| Other net income adjustments | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | — | |
| EPS, basic (per share) | (1,581,798.00) | (2,333,407.00) | (51,995,584.00) | (5,424,728.00) | (60,017.00) | (52.88) | (437.58) | −727.5% | |
| EPS, diluted (per share) | (1,581,798.00) | (2,333,407.00) | (51,995,584.00) | (5,424,728.00) | (60,017.00) | (52.88) | (439.41) | −731.0% | |
| EBITDA | (18.1) | (31.0) | (32.9) | (40.4) | (12.1) | (10.5) | (11.7) | −11.2% | |
| Depreciation & amortization | 1.5 | 1.5 | 3.6 | 4.9 | 1.3 | 1.2 | 0.6 | −48.3% | |
| Weighted average shares (shares) | 12 | 14 | 18 | 28 | 424 | 184,066 | — | — | |
| Weighted average diluted shares (shares) | 12 | 14 | 18 | 28 | 424 | 184,066 | — | — | |
| Gross margin | 5.1% | 4.8% | 4.6% | −27.0% | −20.2% | −44.5% | −22.2% | +22.3 pts | |
| Operating margin | −68.2% | −91.8% | −83.0% | −139.5% | −117.4% | −162.0% | −85.0% | +76.9 pts | |
| Net margin | −70.1% | −105.4% | −147.7% | −437.1% | −127.7% | −71.7% | −27.0% | +44.7 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.
