| USD millions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | TTM | Trend | YoY |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 6.9 | 11.0 | 39.0 | 18.1 | 6.2 | 14.1 | 181.7 | +1190.4% | |
| Cost of revenue | 47.5 | 0.0 | 0.0 | 0.0 | 0.0 | 0.4 | 0.0 | −87.9% | |
| Gross profit | (40.6) | 11.0 | 39.0 | 18.1 | 6.2 | 13.7 | 181.7 | +1224.2% | |
| Research & development | 49.3 | 65.5 | 84.4 | 73.7 | 54.0 | 25.2 | 17.8 | −29.5% | |
| Selling, general & administrative | 14.8 | 17.1 | 17.8 | 22.5 | 22.1 | 15.9 | — | — | |
| Selling & marketing | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | — | |
| Operating expenses | 17.2 | 84.5 | 104.5 | 96.2 | 82.5 | 40.8 | 32.5 | −20.3% | |
| Operating income | (57.8) | (73.5) | (65.5) | (78.1) | (76.3) | (27.1) | 149.2 | +651.6% | |
| Interest expense | 4.0 | 2.9 | 1.7 | 0.5 | 0.1 | 0.1 | 0.1 | −21.6% | |
| Interest income | 0.7 | 0.1 | 2.2 | 5.7 | 6.6 | 4.1 | 3.5 | −14.3% | |
| Other income / expense | (5.9) | (2.7) | 0.4 | 5.3 | 6.4 | (6.5) | — | — | |
| Pre-tax income | (63.7) | (76.2) | (65.0) | (72.8) | (69.9) | (33.5) | 153.1 | +556.9% | |
| Income tax | 0.0 | 0.0 | 4.4 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Net income | (63.7) | (76.2) | (69.5) | (72.8) | (69.9) | (33.5) | 153.1 | +556.9% | |
| 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) | (0.86) | (0.73) | (0.46) | (0.44) | (0.38) | (0.17) | 0.79 | +565.0% | |
| EPS, diluted (per share) | (0.86) | (0.73) | (0.46) | (0.44) | (0.38) | (0.17) | 0.78 | +559.1% | |
| EBITDA | (57.8) | (71.6) | (61.9) | (71.0) | (68.4) | (33.0) | 149.8 | +553.5% | |
| Depreciation & amortization | 2.0 | 1.8 | 1.4 | 1.4 | 1.4 | 0.4 | 0.0 | −87.9% | |
| Weighted average shares (shares) | 75,835,378 | 106,242,452 | 150,939,337 | 165,960,379 | 185,608,874 | 191,599,600 | — | — | |
| Weighted average diluted shares (shares) | 75,835,378 | 106,242,452 | 150,939,337 | 165,960,379 | 185,608,874 | 191,599,600 | — | — | |
| Gross margin | −586.7% | 100.0% | 100.0% | 100.0% | 100.0% | 97.4% | 100.0% | +2.6 pts | |
| Operating margin | −836.1% | −669.1% | −167.8% | −430.5% | −1,236.7% | −192.1% | 82.1% | +274.2 pts | |
| Net margin | −922.0% | −693.9% | −178.0% | −401.6% | −1,133.0% | −237.9% | 84.2% | +322.1 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.
