| USD millions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Revenue | 0.5 | 10.2 | 9.3 | 18.1 | 0.1 | 7.7 | +7332.8% | |
| Cost of revenue | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Gross profit | 0.5 | 10.2 | 9.3 | 18.1 | (0.8) | 7.7 | +1032.0% | |
| Research & development | 16.2 | 68.1 | 81.3 | 36.6 | 28.8 | 22.0 | −23.4% | |
| Selling, general & administrative | 3.4 | 14.4 | 11.9 | 8.7 | 7.3 | 7.1 | −2.7% | |
| Selling & marketing | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Operating expenses | 19.6 | 82.5 | 93.2 | 41.8 | 36.1 | 29.1 | −19.3% | |
| Operating income | (19.2) | (72.4) | (83.9) | (23.7) | (36.0) | (21.4) | +40.4% | |
| Interest expense | 0.2 | 0.4 | 0.7 | 1.1 | 0.9 | 0.5 | −45.6% | |
| Interest income | 0.6 | 0.1 | 0.4 | 4.3 | 3.8 | 2.3 | −39.4% | |
| Other income / expense | 0.8 | 0.9 | 4.4 | 6.5 | 2.5 | 3.5 | +40.7% | |
| Pre-tax income | (16.4) | (71.5) | (79.5) | (17.3) | (33.4) | (17.9) | +46.5% | |
| Income tax | 0.0 | 1.7 | 0.5 | 1.7 | (0.0) | (0.3) | −1596.9% | |
| Net income | (16.4) | (73.2) | (80.0) | (18.9) | (33.4) | (17.6) | +47.3% | |
| 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) | (0.59) | (2.29) | (2.31) | (0.55) | (0.95) | (0.46) | +51.6% | |
| EPS, diluted (per share) | (0.59) | (2.29) | (2.31) | (0.54) | (0.95) | (0.46) | +51.6% | |
| EBITDA | (41.3) | (70.0) | (77.4) | (15.0) | (31.7) | (16.9) | +46.8% | |
| Depreciation & amortization | 0.9 | 1.1 | 1.4 | 1.2 | 0.9 | 0.6 | −36.3% | |
| Weighted average shares (shares) | 28,065,852 | 32,020,485 | 34,646,453 | 34,644,790 | 36,024,257 | 37,763,922 | +4.8% | |
| Weighted average diluted shares (shares) | 28,065,852 | 32,020,485 | 34,646,453 | 35,032,019 | 36,024,257 | 37,763,922 | +4.8% | |
| Gross margin | 100.0% | 100.0% | 100.0% | 100.0% | −797.5% | 100.0% | +897.5 pts | |
| Operating margin | −3,993.7% | −711.2% | −903.1% | −131.0% | −34,835.4% | −279.5% | +34555.9 pts | |
| Net margin | −3,424.1% | −719.2% | −860.6% | −104.6% | −32,386.4% | −229.6% | +32156.9 pts |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
