| USD millions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | TTM | Trend | YoY |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 6.0 | 12.4 | 13.8 | 0.0 | 4.4 | 70.9 | 115.3 | +62.6% | |
| Cost of revenue | 3.0 | 7.6 | 6.7 | 0.0 | 0.0 | 33.0 | 292.9 | +786.8% | |
| Gross profit | 2.9 | 4.8 | 7.1 | 0.0 | 4.4 | 37.9 | (177.6) | −568.9% | |
| Research & development | 14.1 | 53.0 | 99.8 | 126.3 | 122.3 | 28.1 | 29.5 | +4.9% | |
| Selling, general & administrative | 12.3 | 35.6 | 48.3 | 41.6 | 61.6 | 101.7 | — | — | |
| Selling & marketing | 0.0 | 1.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | — | |
| Operating expenses | 26.4 | 88.7 | 152.9 | 222.4 | 247.2 | 325.6 | 703.2 | +116.0% | |
| Operating income | (23.5) | (83.8) | (145.8) | (222.4) | (242.8) | (287.7) | (473.0) | −64.4% | |
| Interest expense | 0.0 | 0.0 | 0.2 | 4.5 | 18.7 | 36.1 | 69.3 | +92.1% | |
| Interest income | 0.1 | 0.0 | 2.8 | 7.2 | 14.2 | 49.2 | — | — | |
| Other income / expense | (0.8) | 10.9 | 43.3 | 1.4 | (282.2) | (169.4) | — | — | |
| Pre-tax income | (24.3) | (72.9) | (102.5) | (221.0) | (525.0) | (457.1) | (805.7) | −76.3% | |
| Income tax | 0.1 | 0.3 | 0.6 | 1.7 | 1.3 | 3.9 | 5.3 | +35.2% | |
| Net income | (24.1) | (30.6) | (31.6) | (87.6) | (300.1) | (341.9) | (618.8) | −81.0% | |
| 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) | (0.47) | (0.37) | (0.58) | (1.07) | (1.94) | (1.34) | (2.14) | −59.9% | |
| EPS, diluted (per share) | (0.47) | (0.37) | (0.58) | (1.07) | (1.94) | (1.34) | (2.14) | −59.9% | |
| EBITDA | (23.5) | (83.8) | (97.6) | (162.0) | (443.0) | (369.9) | (669.7) | −81.0% | |
| Depreciation & amortization | 0.9 | 2.9 | 4.7 | 54.5 | 63.3 | 51.1 | 66.7 | +30.5% | |
| Weighted average shares (shares) | 51,731,000 | 51,730,000 | 54,437,000 | 81,824,122 | 154,501,000 | 255,982,592 | — | — | |
| Weighted average diluted shares (shares) | 51,731,000 | 51,730,000 | 54,437,000 | 81,824,122 | 154,501,000 | 255,982,592 | — | — | |
| Gross margin | 49.3% | 39.0% | 51.4% | — | 100.0% | 53.4% | −154.1% | −207.5 pts | |
| Operating margin | −393.3% | −675.8% | −1,054.4% | — | −5,494.8% | −405.7% | −410.3% | −4.6 pts | |
| Net margin | −403.2% | −246.3% | −228.9% | — | −6,792.3% | −482.2% | −536.7% | −54.5 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.
