| USD millions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Revenue | 152.9 | 101.9 | 92.1 | 90.1 | 98.4 | 55.2 | −43.9% | |
| Cost of revenue | 28.7 | 34.7 | 29.1 | 33.8 | 32.0 | 1.0 | −96.8% | |
| Gross profit | 124.2 | 67.2 | 62.9 | 56.4 | 66.5 | 54.2 | −18.5% | |
| Research & development | 399.4 | 390.4 | 210.8 | 114.2 | 119.6 | 117.3 | −1.9% | |
| Selling, general & administrative | 104.7 | 122.8 | 92.3 | 77.4 | 80.0 | 68.7 | −14.1% | |
| Selling & marketing | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Operating expenses | 504.1 | 513.3 | 303.2 | 320.0 | 199.6 | 188.7 | −5.5% | |
| Operating income | (379.9) | (446.1) | (240.2) | (263.7) | (133.1) | (134.5) | −1.0% | |
| Interest expense | 37.1 | 47.3 | 28.9 | 25.3 | 28.1 | 26.2 | −6.9% | |
| Interest income | 18.8 | 44.7 | 22.2 | 19.0 | 14.5 | 10.4 | −28.0% | |
| Other income / expense | (64.0) | (77.2) | (124.7) | (12.6) | 13.9 | (29.7) | −313.7% | |
| Pre-tax income | (443.9) | (523.3) | (365.0) | (276.3) | (119.2) | (164.2) | −37.8% | |
| Income tax | 0.5 | 0.6 | 3.2 | (0.2) | (0.2) | (0.1) | +42.3% | |
| Net income | (444.4) | (523.8) | (368.2) | (276.1) | (119.0) | (164.1) | −37.9% | |
| 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) | (2.49) | (2.86) | (1.97) | (1.45) | (0.58) | (9.73) | −1577.6% | |
| EPS, diluted (per share) | (2.49) | (2.86) | (1.97) | (1.45) | (0.58) | (9.73) | −1577.6% | |
| EBITDA | (394.3) | (463.0) | (323.9) | (243.1) | (86.7) | (133.4) | −53.9% | |
| Depreciation & amortization | 12.5 | 13.0 | 12.2 | 7.8 | 4.4 | 1.0 | −76.6% | |
| Weighted average shares (shares) | 178,581,000 | 183,298,000 | 187,138,000 | 190,001,087 | 205,661,000 | 16,870,930 | −91.8% | |
| Weighted average diluted shares (shares) | 178,581,000 | 183,298,000 | 187,138,000 | 190,001,000 | 205,661,000 | 16,870,930 | −91.8% | |
| Gross margin | 81.2% | 65.9% | 68.3% | 62.5% | 67.5% | 98.1% | +30.6 pts | |
| Operating margin | −248.5% | −437.8% | −261.0% | −292.6% | −135.2% | −243.5% | −108.2 pts | |
| Net margin | −290.6% | −514.0% | −400.0% | −306.3% | −120.9% | −297.1% | −176.2 pts |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
