| USD millions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | TTM | Trend | YoY |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 5.2 | 6.3 | 7.2 | 8.8 | 8.8 | 24.6 | 12.4 | −49.5% | |
| Cost of revenue | 0.9 | 1.8 | 2.9 | 4.1 | 3.3 | 4.3 | 4.5 | +3.9% | |
| Gross profit | 4.2 | 4.5 | 4.3 | 4.6 | 5.6 | 20.3 | 8.0 | −60.7% | |
| Research & development | 20.4 | 25.4 | 32.1 | 37.9 | 35.3 | 50.7 | 81.8 | +61.2% | |
| Selling, general & administrative | 15.3 | 18.1 | 31.6 | 47.3 | 47.5 | 69.9 | — | — | |
| Selling & marketing | 3.7 | 6.2 | 10.1 | 10.3 | 15.1 | 28.8 | — | — | |
| Operating expenses | 35.7 | 43.5 | 63.7 | 85.2 | 82.8 | 120.7 | 178.6 | +48.0% | |
| Operating income | (31.5) | (38.9) | (59.5) | (80.5) | (77.2) | (100.4) | (170.6) | −70.0% | |
| Interest expense | 5.2 | 4.0 | 2.3 | 2.2 | 3.9 | 4.0 | 9.6 | +139.7% | |
| Interest income | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 24.1 | — | — | |
| Other income / expense | 9.5 | (2.0) | 5.8 | (2.2) | (66.7) | (254.7) | — | — | |
| Pre-tax income | (22.0) | (41.0) | (53.7) | (82.7) | (143.9) | (355.1) | (277.1) | +21.9% | |
| Income tax | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | (28.4) | — | |
| Net income | (22.0) | (41.0) | (53.7) | (82.7) | (143.9) | (355.1) | (248.7) | +30.0% | |
| 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) | (0.20) | (0.33) | (0.45) | (0.60) | (0.75) | (1.11) | (0.71) | +36.0% | |
| EPS, diluted (per share) | (0.20) | (0.33) | (0.45) | (0.60) | (0.75) | (1.11) | (0.71) | +36.0% | |
| EBITDA | (14.1) | (34.4) | (49.0) | (80.8) | (138.1) | (348.7) | (152.7) | +56.2% | |
| Depreciation & amortization | 2.7 | 2.6 | 2.3 | 1.8 | 1.9 | 2.3 | 9.7 | +322.0% | |
| Weighted average shares (shares) | 109,744,634 | 125,342,746 | 119,647,777 | 137,993,736 | 192,129,000 | 321,202,025 | — | — | |
| Weighted average diluted shares (shares) | 109,744,634 | 125,342,746 | 119,647,777 | 137,993,736 | 192,129,000 | 321,202,025 | — | — | |
| Gross margin | 82.3% | 72.1% | 59.2% | 52.8% | 63.0% | 82.6% | 64.2% | −18.4 pts | |
| Operating margin | −609.8% | −620.3% | −828.9% | −919.7% | −874.8% | −408.2% | −1,372.9% | −964.7 pts | |
| Net margin | −425.7% | −652.5% | −748.7% | −944.5% | −1,630.0% | −1,444.1% | −2,001.6% | −557.5 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.
