| USD millions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | TTM | Trend | YoY |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 5.5 | 5.8 | 3.2 | 2.7 | 2.7 | 1.9 | 2.2 | +17.2% | |
| Cost of revenue | 2.1 | 3.9 | 2.9 | 1.9 | 1.4 | 2.2 | 1.0 | −55.6% | |
| Gross profit | 3.4 | 1.9 | 0.3 | 0.9 | 1.3 | (0.3) | (0.1) | +82.0% | |
| Research & development | 3.6 | 10.0 | 17.6 | 31.0 | 51.5 | 69.1 | 77.2 | +11.6% | |
| Selling, general & administrative | 2.6 | 9.1 | 15.2 | 17.0 | 0.0 | 24.5 | — | — | |
| Selling & marketing | 0.5 | 0.4 | 0.8 | 1.1 | 0.0 | 0.0 | — | — | |
| Operating expenses | 16.6 | 18.8 | 31.4 | 49.0 | 79.6 | 93.6 | — | — | |
| Operating income | (13.3) | (16.9) | (31.1) | (48.1) | (78.4) | (93.9) | (106.2) | −13.1% | |
| Interest expense | 0.3 | 1.0 | 0.6 | 0.1 | 0.1 | 0.1 | 0.2 | +150.7% | |
| Interest income | 0.0 | 0.1 | 0.2 | 0.4 | 0.0 | 0.7 | — | — | |
| Other income / expense | 1.5 | (0.3) | 0.6 | 1.4 | 2.4 | (0.3) | — | — | |
| Pre-tax income | (11.8) | (17.2) | (30.6) | (46.8) | (76.0) | (94.2) | (102.4) | −8.7% | |
| Income tax | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.5 | — | |
| Net income | (11.8) | (17.2) | (30.6) | (46.0) | (76.3) | (94.1) | (103.6) | −10.0% | |
| 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) | (0.33) | (0.48) | (0.85) | (1.28) | (3.77) | (4.00) | (2.60) | +35.0% | |
| EPS, diluted (per share) | (0.33) | (0.48) | (0.85) | (1.28) | (3.77) | (4.00) | (2.60) | +35.0% | |
| EBITDA | (14.1) | (15.5) | (29.1) | (45.5) | (74.4) | (92.5) | (102.9) | −11.2% | |
| Depreciation & amortization | 0.6 | 0.6 | 0.8 | 1.2 | 1.5 | 1.7 | 1.7 | +4.6% | |
| Weighted average shares (shares) | 35,939,816 | 35,939,816 | 35,939,816 | 35,939,816 | 20,252,923 | 23,576,947 | — | — | |
| Weighted average diluted shares (shares) | 35,939,816 | 35,939,816 | 35,939,816 | 35,939,816 | 20,252,919 | 23,576,946 | — | — | |
| Gross margin | 61.5% | 32.7% | 9.3% | 32.1% | 46.8% | −16.6% | −2.5% | +14.0 pts | |
| Operating margin | −243.0% | −289.2% | −972.1% | −1,760.3% | −2,899.4% | −4,908.2% | −4,738.4% | +169.8 pts | |
| Net margin | −215.8% | −294.5% | −954.9% | −1,682.8% | −2,822.5% | −4,921.3% | −4,619.3% | +302.0 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.
