| USD millions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | TTM | Trend | YoY |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 0.0 | 0.0 | 1.5 | 4.1 | 3.6 | 3.7 | 4.5 | +22.7% | |
| Cost of revenue | 0.0 | 0.0 | 0.1 | 0.2 | 0.6 | 1.7 | 6.7 | +301.9% | |
| Gross profit | 0.0 | 0.0 | 1.4 | 4.0 | 3.0 | 2.0 | (6.0) | −400.0% | |
| Research & development | — | 2.6 | 13.6 | 9.7 | 49.1 | 42.8 | 33.8 | −21.0% | |
| Selling, general & administrative | — | 3.8 | 11.0 | 10.2 | 137.0 | 121.6 | — | — | |
| Selling & marketing | — | 0.4 | 0.6 | 1.3 | 6.4 | 2.5 | — | — | |
| Operating expenses | 0.0 | 6.4 | 24.7 | 19.9 | 189.0 | 575.1 | 704.2 | +22.5% | |
| Operating income | 0.0 | (6.4) | (23.2) | (16.0) | (186.0) | (573.0) | (703.0) | −22.7% | |
| Interest expense | — | — | 2.0 | 39.4 | 3.1 | 27.3 | 46.3 | +69.2% | |
| Interest income | 0.0 | 0.0 | 0.0 | 0.0 | 14.7 | 46.6 | 36.1 | −22.4% | |
| Other income / expense | — | (52.7) | 73.8 | (42.2) | (214.8) | (138.7) | — | — | |
| Pre-tax income | 0.0 | (59.1) | 50.5 | (58.2) | (400.9) | (711.8) | (1,304.2) | −83.2% | |
| Income tax | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | (0.6) | 0.4 | +179.9% | |
| Net income | 0.0 | (59.1) | 50.5 | (58.2) | (400.9) | (711.2) | (1,304.2) | −83.4% | |
| Discontinued operations | — | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | — | |
| Other net income adjustments | — | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | — | |
| EPS, basic (per share) | 0.00 | (0.59) | 0.51 | (0.43) | (2.36) | (2.80) | (4.72) | −68.5% | |
| EPS, diluted (per share) | 0.00 | (0.59) | 0.51 | (0.43) | (2.36) | (2.80) | (4.72) | −68.5% | |
| EBITDA | 0.0 | (58.4) | 52.7 | (18.5) | (394.4) | (676.1) | (1,040.0) | −53.8% | |
| Depreciation & amortization | — | 0.0 | 0.1 | 0.2 | 3.4 | 8.3 | 7.8 | −6.5% | |
| Weighted average shares (shares) | 37,214,734 | 100,000,000 | 100,000,000 | 100,000,000 | 169,630,052 | 254,537,040 | — | — | |
| Weighted average diluted shares (shares) | 37,214,734 | 100,000,000 | 100,000,000 | 100,000,000 | 169,630,052 | 254,537,040 | — | — | |
| Gross margin | — | — | 96.3% | 96.0% | 82.9% | 54.5% | −133.3% | −187.8 pts | |
| Operating margin | — | — | −1,580.9% | −386.5% | −5,140.9% | −15,560.8% | −15,557.2% | +3.6 pts | |
| Net margin | — | — | 3,435.8% | −1,408.6% | −11,077.3% | −19,313.0% | −28,860.4% | −9547.4 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.
