| USD millions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Revenue | 13.9 | 32.5 | 48.2 | 59.2 | 70.3 | 12.3 | −82.5% | |
| Cost of revenue | 7.2 | 10.9 | 17.4 | 19.7 | 22.3 | 6.8 | −69.2% | |
| Gross profit | 6.6 | 21.6 | 30.8 | 39.4 | 48.0 | 5.5 | −88.6% | |
| Research & development | 4.2 | 5.4 | 24.0 | 52.4 | 34.7 | 24.5 | −29.4% | |
| Selling, general & administrative | 10.3 | 11.3 | 9.9 | 9.0 | 26.3 | 77.6 | +195.6% | |
| Selling & marketing | 4.6 | 4.6 | 3.9 | 4.6 | 3.3 | 1.1 | −67.8% | |
| Operating expenses | 14.5 | 16.6 | 33.9 | 61.3 | 60.9 | 102.1 | +67.6% | |
| Operating income | (7.9) | 5.0 | (3.1) | (21.9) | (12.9) | (96.6) | −650.5% | |
| Interest expense | 1.0 | 1.9 | 2.4 | 2.3 | 2.3 | 3.1 | +32.6% | |
| Interest income | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Other income / expense | 0.6 | (1.1) | (2.2) | (1.3) | (1.7) | (5.2) | −210.9% | |
| Pre-tax income | (7.3) | 3.9 | (5.3) | (23.2) | (14.6) | (101.8) | −599.8% | |
| Income tax | (0.2) | 0.6 | 0.7 | 3.8 | 0.0 | 0.0 | — | |
| Net income | (6.8) | 3.7 | (5.9) | (26.5) | (14.5) | (101.2) | −597.8% | |
| 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) | (18.38) | 9.99 | (15.98) | (67.13) | (30.60) | (146.70) | −379.4% | |
| EPS, diluted (per share) | (18.58) | 9.59 | (16.18) | (67.13) | (31.80) | (146.70) | −361.3% | |
| EBITDA | (4.5) | 7.0 | (2.0) | (19.6) | (11.1) | (98.6) | −789.1% | |
| Depreciation & amortization | 1.6 | 1.3 | 0.9 | 1.3 | 1.1 | 0.2 | −85.1% | |
| Weighted average shares (shares) | 366,040 | 383,106 | 364,106 | 393,776 | 471,535 | 691,774 | +46.7% | |
| Weighted average diluted shares (shares) | 368,593 | 372,709 | 368,593 | 394,099 | 457,855 | 691,774 | +51.1% | |
| Gross margin | 47.8% | 66.5% | 63.9% | 66.6% | 68.3% | 44.4% | −23.9 pts | |
| Operating margin | −56.8% | 15.4% | −6.5% | −37.1% | −18.3% | −783.6% | −765.3 pts | |
| Net margin | −49.1% | 11.3% | −12.2% | −44.7% | −20.6% | −821.1% | −800.5 pts |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
