| USD millions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | TTM | Trend | YoY |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 10.0 | 3.0 | 1.4 | 3.5 | 0.0 | 5.8 | 25.5 | +338.5% | |
| Cost of revenue | 0.0 | 0.0 | 0.5 | 1.6 | 2.9 | 1.5 | 9.3 | +505.4% | |
| Gross profit | 10.0 | 3.0 | 1.0 | 1.9 | (2.9) | 4.3 | 12.0 | +180.7% | |
| Research & development | 30.1 | 38.7 | 29.0 | 31.1 | 34.4 | 26.8 | 25.5 | −4.9% | |
| Selling, general & administrative | 23.8 | 21.6 | 17.3 | 19.0 | 29.9 | 65.0 | — | — | |
| Selling & marketing | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | — | |
| Operating expenses | 91.4 | 92.8 | 51.9 | 49.0 | 61.3 | 93.7 | 105.6 | +12.6% | |
| Operating income | (81.4) | (89.8) | (50.9) | (47.1) | (64.2) | (89.4) | (83.6) | +6.5% | |
| Interest expense | 4.1 | 3.7 | 0.7 | 0.4 | 4.2 | 3.7 | 3.3 | −11.5% | |
| Interest income | 1.3 | 0.0 | 0.4 | 2.1 | 4.2 | 5.6 | 5.9 | +6.7% | |
| Other income / expense | (2.8) | 4.9 | 11.2 | (7.1) | 0.5 | 160.7 | — | — | |
| Pre-tax income | (84.2) | (84.9) | (39.7) | (54.2) | (63.7) | 71.3 | (78.3) | −209.8% | |
| Income tax | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.1 | (15.4) | −15510.0% | |
| Net income | (84.2) | (84.9) | (39.7) | (54.2) | (63.7) | 71.2 | (205.3) | −388.3% | |
| 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) | (22.75) | (21.50) | (5.53) | (2.53) | (1.55) | 1.34 | (1.12) | −183.7% | |
| EPS, diluted (per share) | (22.75) | (21.50) | (5.53) | (2.53) | (1.55) | 1.01 | (1.12) | −211.1% | |
| EBITDA | (74.5) | (76.8) | (34.4) | (50.6) | (56.6) | 78.6 | (73.8) | −193.9% | |
| Depreciation & amortization | 5.6 | 4.5 | 4.6 | 3.2 | 2.9 | 3.6 | 3.0 | −14.9% | |
| Weighted average shares (shares) | 3,707,000 | 3,938,000 | 7,862,000 | 21,380,000 | 41,048,000 | 52,952,917 | — | — | |
| Weighted average diluted shares (shares) | 3,707,000 | 3,938,000 | 7,862,000 | 21,380,000 | 41,048,000 | 66,135,821 | — | — | |
| Gross margin | 100.0% | 100.0% | 68.2% | 54.1% | — | 73.7% | 47.2% | −26.5 pts | |
| Operating margin | −814.2% | −2,994.5% | −3,600.8% | −1,346.7% | — | −1,536.9% | −327.6% | +1209.3 pts | |
| Net margin | −842.3% | −2,831.2% | −2,807.4% | −1,548.2% | — | 1,223.1% | −804.3% | −2027.4 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.
