| USD millions | FY2020 | FY2022 | FY2023 | FY2024 | FY2025 | FY2025 | TTM | Trend | YoY |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | — | — | — | 4.9 | 5.8 | 5.2 | 4.2 | −19.4% | |
| Cost of revenue | — | — | — | 0.7 | 0.9 | 0.4 | 0.4 | −1.6% | |
| Gross profit | — | — | — | 4.2 | 5.0 | 4.8 | 3.8 | −21.0% | |
| Research & development | 2.7 | — | 9.7 | 9.7 | 10.6 | 8.4 | 12.5 | +49.3% | |
| Operating expenses | 9.9 | 12.5 | 19.9 | 18.2 | 20.5 | 20.5 | 30.6 | +49.2% | |
| Operating income | (9.6) | (12.5) | (19.7) | (13.3) | (14.7) | (15.3) | (26.4) | −72.6% | |
| Interest expense | 1.1 | 0.9 | 0.7 | 0.4 | 0.2 | 0.5 | 0.0 | −96.0% | |
| Interest income | 0.1 | 0.0 | 0.1 | 0.4 | 0.3 | 0.1 | 0.3 | +187.9% | |
| Pre-tax income | — | — | — | (13.3) | (13.0) | (22.4) | (26.1) | −16.5% | |
| Income tax | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Net income | (8.2) | (13.4) | (20.3) | (13.3) | (13.0) | (22.4) | (26.1) | −16.5% | |
| EPS, basic (per share) | — | (1.11) | (11.58) | (4.24) | (1.95) | (0.29) | (3.43) | −1082.8% | |
| EPS, diluted (per share) | — | (1.11) | (11.58) | (4.24) | (2.34) | (0.29) | (3.43) | −1082.8% | |
| EBITDA | (9.2) | (12.1) | (19.1) | (12.7) | (13.8) | (14.9) | (25.9) | −74.7% | |
| Depreciation & amortization | 0.4 | 0.4 | 0.6 | 0.6 | 0.9 | 0.4 | 0.5 | +2.2% | |
| Weighted average shares (shares) | — | 12,089,186 | 1,750,350 | 3,140,925 | 6,640,251 | 77,804,612 | — | — | |
| Weighted average diluted shares (shares) | — | 12,089,186 | 1,750,350 | 3,140,925 | 7,700,774 | 77,804,612 | — | — | |
| Gross margin | — | — | — | 84.8% | 85.4% | 91.5% | 89.6% | −1.9 pts | |
| Operating margin | — | — | — | −271.1% | −252.3% | −293.5% | −628.1% | −334.7 pts | |
| Net margin | — | — | — | −271.0% | −222.8% | −429.4% | −620.7% | −191.3 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.
