| USD millions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | TTM | Trend | YoY |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 75.0 | 63.2 | 10.3 | 17.2 | 91.3 | 234.6 | 237.6 | +1.3% | |
| Cost of revenue | 80.0 | 98.5 | 88.8 | 132.3 | 163.8 | 2.4 | — | — | |
| Gross profit | (5.0) | (35.3) | (78.5) | (115.1) | (72.6) | 232.2 | — | — | |
| Research & development | 80.0 | 98.5 | 88.8 | 139.6 | 163.8 | 136.0 | — | — | |
| Selling, general & administrative | 18.9 | 21.5 | 36.6 | 41.9 | 42.4 | 50.7 | — | — | |
| Selling & marketing | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | — | |
| Operating expenses | 18.9 | 21.5 | 36.6 | 49.3 | 42.4 | 184.3 | (75.9) | −141.2% | |
| Operating income | (23.9) | (56.8) | (115.2) | (164.4) | (114.9) | 47.9 | 312.9 | +553.4% | |
| Interest expense | 0.0 | 1.5 | 21.1 | 18.1 | 50.1 | 79.9 | 83.4 | +4.4% | |
| Interest income | 4.0 | 0.4 | 7.6 | 18.9 | 19.8 | 13.5 | — | — | |
| Other income / expense | 3.9 | (1.0) | (13.5) | 0.8 | (30.3) | (61.0) | — | — | |
| Pre-tax income | (19.9) | (57.8) | (128.7) | (163.6) | (145.2) | (13.1) | 235.1 | +1898.7% | |
| Income tax | 0.0 | 0.0 | 0.0 | (0.0) | 0.0 | 0.2 | (180.8) | −110320.7% | |
| Net income | (19.9) | (57.8) | (128.7) | (163.6) | (145.2) | (13.2) | 195.7 | +1579.2% | |
| 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) | (0.73) | (2.11) | (4.57) | (6.08) | (5.12) | (0.46) | 6.67 | +1550.2% | |
| EPS, diluted (per share) | (0.73) | (2.11) | (4.57) | (6.08) | (5.12) | (0.46) | 6.45 | +1501.8% | |
| EBITDA | (19.4) | (55.7) | (105.3) | (156.4) | (92.7) | 69.2 | 316.1 | +356.5% | |
| Depreciation & amortization | 0.6 | 2.1 | 2.3 | 0.7 | 2.4 | 2.4 | 0.5 | −79.4% | |
| Weighted average shares (shares) | 27,302,029 | 27,431,003 | 28,165,000 | 26,924,003 | 28,382,004 | 27,789,000 | — | — | |
| Weighted average diluted shares (shares) | 27,302,000 | 27,431,000 | 28,165,000 | 26,924,000 | 28,382,000 | 31,343,000 | — | — | |
| Gross margin | −6.7% | −55.9% | −763.2% | −671.0% | −79.5% | 99.0% | — | — | |
| Operating margin | −31.8% | −89.9% | −1,119.4% | −958.3% | −125.9% | 20.4% | 131.7% | +111.3 pts | |
| Net margin | −26.6% | −91.5% | −1,251.3% | −953.7% | −159.1% | −5.6% | 82.4% | +88.0 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.
