| USD millions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | TTM | Trend | YoY |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 8.5 | 18.0 | 27.8 | 36.1 | 30.8 | 28.5 | 30.2 | +5.9% | |
| Cost of revenue | 5.7 | 14.1 | 21.9 | 26.6 | 30.4 | 22.3 | 15.8 | −28.8% | |
| Gross profit | 2.8 | 3.9 | 5.9 | 9.6 | 0.4 | 6.3 | 14.3 | +129.1% | |
| Research & development | 10.3 | 22.5 | 49.0 | 54.0 | 24.8 | 11.4 | 12.2 | +7.3% | |
| Selling, general & administrative | 0.0 | 58.5 | 88.6 | 95.0 | 51.9 | 28.2 | — | — | |
| Selling & marketing | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | — | |
| Operating expenses | 41.3 | 81.0 | 137.6 | 224.8 | 104.4 | 39.6 | 46.5 | +17.5% | |
| Operating income | (38.6) | (77.1) | (131.7) | (215.2) | (104.0) | (33.3) | (32.2) | +3.4% | |
| Interest expense | 2.5 | 0.9 | 0.3 | 5.1 | 0.3 | 0.3 | 0.3 | −5.0% | |
| Interest income | 0.0 | 0.2 | 1.5 | 3.3 | 2.1 | 1.1 | — | — | |
| Other income / expense | (2.5) | (1.1) | 1.0 | (17.2) | (8.0) | 7.0 | — | — | |
| Pre-tax income | (41.1) | (78.2) | (130.7) | (232.4) | (112.0) | (26.3) | (32.1) | −21.9% | |
| Income tax | 0.0 | (5.7) | 1.9 | 0.1 | 0.0 | 0.1 | 0.1 | −1.5% | |
| Net income | (41.1) | (72.4) | (132.6) | (232.5) | (112.0) | (26.4) | (32.2) | −21.8% | |
| 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) | (14,194.80) | (157.02) | (267.71) | (408.48) | (88.13) | (4.85) | (3.73) | +23.1% | |
| EPS, diluted (per share) | (14,194.80) | (157.02) | (267.71) | (408.60) | (88.13) | (4.85) | (3.73) | +23.1% | |
| EBITDA | (35.6) | (73.9) | (120.3) | (213.6) | (97.5) | (16.3) | (23.1) | −42.0% | |
| Depreciation & amortization | 1.5 | 3.4 | 10.1 | 13.7 | 14.2 | 9.7 | 9.4 | −3.7% | |
| Weighted average shares (shares) | 18,995,294 | 482,670 | 495,304 | 568,999 | 1,865,400 | 10,740,200 | — | — | |
| Weighted average diluted shares (shares) | 18,995,294 | 482,670 | 495,304 | 568,999 | 1,865,400 | 10,740,200 | — | — | |
| Gross margin | 32.6% | 21.5% | 21.4% | 26.5% | 1.2% | 22.0% | 47.5% | +25.6 pts | |
| Operating margin | −453.4% | −428.8% | −473.7% | −596.0% | −337.9% | −116.9% | −106.7% | +10.3 pts | |
| Net margin | −483.4% | −402.8% | −476.9% | −643.7% | −364.0% | −92.6% | −106.6% | −14.0 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.
