| USD millions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | TTM | Trend | YoY |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 0.0 | 4.4 | 13.9 | 15.5 | 3.9 | 2.2 | 3.7 | +71.1% | |
| Cost of revenue | 3.3 | 0.0 | 0.0 | 0.0 | 0.0 | 0.9 | 0.7 | −21.3% | |
| Gross profit | (3.3) | 4.4 | 13.9 | 15.5 | 3.9 | 1.3 | 30.8 | +2351.1% | |
| Research & development | 79.9 | 104.2 | 85.1 | 73.0 | 70.3 | 69.5 | 88.4 | +27.2% | |
| Selling, general & administrative | 14.6 | 28.5 | 26.4 | 30.6 | 22.8 | 20.7 | — | — | |
| Selling & marketing | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | — | |
| Operating expenses | 94.5 | 132.7 | 111.5 | 103.7 | 93.1 | 89.2 | 110.5 | +23.8% | |
| Operating income | (97.8) | (128.3) | (97.6) | (88.1) | (89.2) | (88.0) | (79.0) | +10.2% | |
| Interest expense | 10.5 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | — | |
| Interest income | 1.3 | 0.1 | 1.6 | 1.2 | 1.7 | 2.2 | — | — | |
| Other income / expense | (10.5) | 0.1 | 1.6 | 1.2 | (41.7) | 64.1 | — | — | |
| Pre-tax income | (108.4) | (128.2) | (95.9) | (86.9) | (130.9) | (23.9) | (72.7) | −204.7% | |
| Income tax | 0.2 | 0.1 | 0.1 | 0.8 | 0.3 | 0.3 | 3.2 | +923.6% | |
| Net income | (108.5) | (128.3) | (96.0) | (87.7) | (131.2) | (24.2) | (76.0) | −214.0% | |
| 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) | (3.18) | (3.22) | (2.25) | (3.52) | (20.94) | (2.45) | (7.30) | −198.1% | |
| EPS, diluted (per share) | (3.18) | (3.22) | (2.25) | (3.52) | (20.94) | (2.45) | (7.30) | −198.1% | |
| EBITDA | (105.1) | (124.4) | (92.3) | (83.8) | (128.3) | (22.9) | (73.7) | −221.1% | |
| Depreciation & amortization | 3.3 | 3.8 | 3.7 | 3.1 | 2.6 | 0.9 | 1.1 | +18.6% | |
| Weighted average shares (shares) | 34,177,697 | 39,855,403 | 42,695,227 | 24,873,488 | 6,264,612 | 9,884,955 | — | — | |
| Weighted average diluted shares (shares) | 34,177,697 | 39,855,403 | 42,695,227 | 24,873,488 | 6,264,612 | 9,884,955 | — | — | |
| Gross margin | — | 100.0% | 100.0% | 100.0% | 100.0% | 57.5% | 823.2% | +765.7 pts | |
| Operating margin | — | −2,943.8% | −701.7% | −567.5% | −2,259.9% | −4,024.9% | −2,112.1% | +1912.8 pts | |
| Net margin | — | −2,944.1% | −690.6% | −564.6% | −3,326.0% | −1,106.7% | −2,031.1% | −924.3 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.
