| USD millions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | TTM | Trend | YoY |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 12.4 | 9.6 | 13.9 | 34.5 | 10.0 | 11.2 | 10.0 | −10.1% | |
| Cost of revenue | 34.4 | 1.0 | 3.6 | 3.5 | 3.9 | 3.6 | 2.6 | −29.0% | |
| Gross profit | (22.1) | 8.6 | 10.2 | 31.0 | 6.1 | 7.5 | 7.4 | −0.9% | |
| Research & development | 34.4 | 52.3 | 82.2 | 112.1 | 130.2 | 109.4 | 85.8 | −21.6% | |
| Selling, general & administrative | 14.1 | 23.3 | 38.0 | 38.5 | 46.5 | 37.9 | — | — | |
| Selling & marketing | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | — | |
| Operating expenses | 14.1 | 75.6 | 116.6 | 147.0 | 172.7 | 143.7 | 118.9 | −17.3% | |
| Operating income | (36.1) | (67.0) | (106.4) | (116.1) | (166.6) | (136.2) | (109.5) | +19.6% | |
| Interest expense | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Interest income | 0.2 | 0.1 | 4.6 | 10.7 | 0.0 | 8.0 | — | — | |
| Other income / expense | (0.0) | 0.4 | 7.0 | 14.2 | 17.5 | (12.5) | — | — | |
| Pre-tax income | (36.1) | (66.6) | (99.4) | (101.9) | (149.1) | (148.7) | (104.0) | +30.1% | |
| Income tax | (1.8) | 0.3 | 0.1 | 0.2 | (0.0) | (0.6) | (0.6) | +0.0% | |
| Net income | (34.3) | (66.9) | (99.4) | (102.1) | (149.1) | (148.1) | (103.4) | +30.2% | |
| 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) | (1.24) | (1.11) | (1.64) | (1.38) | (1.65) | (1.59) | (1.08) | +32.1% | |
| EPS, diluted (per share) | (1.24) | (1.11) | (1.64) | (1.38) | (1.65) | (1.59) | (1.08) | +32.1% | |
| EBITDA | (35.2) | (65.6) | (95.7) | (98.4) | (145.2) | (145.0) | (105.7) | +27.1% | |
| Depreciation & amortization | 0.9 | 1.0 | 3.6 | 3.5 | 3.9 | 3.6 | 2.6 | −29.0% | |
| Weighted average shares (shares) | 27,657,420 | 60,263,158 | 60,801,133 | 73,807,597 | 90,317,925 | 93,389,283 | — | — | |
| Weighted average diluted shares (shares) | 27,657,420 | 60,263,158 | 60,801,133 | 73,807,597 | 90,317,925 | 93,389,283 | — | — | |
| Gross margin | −178.5% | 89.7% | 73.7% | 89.8% | 60.7% | 67.3% | 74.2% | +6.9 pts | |
| Operating margin | −292.2% | −697.8% | −768.2% | −336.6% | −1,667.2% | −1,220.5% | −1,090.9% | +129.6 pts | |
| Net margin | −277.6% | −697.3% | −717.8% | −296.1% | −1,491.9% | −1,327.4% | −1,030.4% | +297.0 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.
