| USD millions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | TTM | Trend | YoY |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 1.6 | 2.4 | 2.9 | 2.9 | 3.5 | 1.2 | 3.8 | +208.5% | |
| Cost of revenue | 1.4 | 1.9 | 2.1 | 2.0 | 1.2 | 2.3 | 3.2 | +37.3% | |
| Gross profit | 0.2 | 0.5 | 0.8 | 0.9 | 2.3 | (1.1) | 0.6 | +156.8% | |
| Research & development | 3.9 | 8.4 | 4.5 | 3.3 | 2.0 | 2.2 | 1.8 | −14.7% | |
| Selling, general & administrative | 6.1 | 6.7 | 6.4 | 5.8 | 6.1 | 5.8 | — | — | |
| Selling & marketing | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | — | |
| Operating expenses | 10.2 | 15.2 | 11.0 | 9.2 | 8.2 | 6.1 | 10.4 | +72.3% | |
| Operating income | (10.0) | (14.7) | (10.2) | (8.2) | (5.9) | (7.1) | (7.4) | −3.9% | |
| Interest expense | 0.0 | 0.0 | 0.0 | 0.0 | 0.4 | 0.5 | 0.4 | −1.9% | |
| Interest income | 0.4 | 0.1 | 0.2 | 0.4 | 0.5 | 0.3 | 0.2 | −14.3% | |
| Other income / expense | 0.7 | 1.7 | 0.4 | 1.4 | 0.1 | (0.2) | — | — | |
| Pre-tax income | (9.3) | (13.1) | (9.7) | (6.8) | (5.8) | (7.4) | (7.6) | −3.5% | |
| Income tax | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Net income | (9.3) | (13.1) | (9.7) | (6.8) | (5.8) | (7.4) | (7.6) | −3.5% | |
| 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) | (0.34) | (0.47) | (0.34) | (0.24) | (0.20) | (0.23) | (0.21) | +7.3% | |
| EPS, diluted (per share) | (0.34) | (0.47) | (0.34) | (0.24) | (0.20) | (0.23) | (0.21) | +7.3% | |
| EBITDA | (10.0) | (11.1) | (10.1) | (8.2) | (5.4) | (6.9) | (7.3) | −6.1% | |
| Depreciation & amortization | 0.0 | 3.5 | 0.0 | 0.0 | 0.0 | 0.0 | — | — | |
| Weighted average shares (shares) | 27,471,587 | 27,838,047 | 28,364,482 | 28,798,833 | 29,318,123 | 32,624,323 | — | — | |
| Weighted average diluted shares (shares) | 27,471,587 | 27,838,047 | 28,364,482 | 28,798,833 | 29,318,123 | 32,624,323 | — | — | |
| Gross margin | 11.0% | 19.1% | 27.5% | 31.8% | 65.8% | −88.3% | 16.2% | +104.5 pts | |
| Operating margin | −625.9% | −612.7% | −346.9% | −283.9% | −168.8% | −579.9% | −195.4% | +384.5 pts | |
| Net margin | −582.1% | −543.7% | −332.2% | −234.4% | −166.2% | −597.6% | −200.5% | +397.2 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.
