| USD millions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | TTM | Trend | YoY |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 0.2 | 0.0 | 1.5 | 21.3 | 47.5 | 44.6 | 59.2 | +32.7% | |
| Cost of revenue | 0.0 | 0.0 | 0.1 | 1.3 | 3.2 | 3.8 | 3.7 | −1.3% | |
| Gross profit | 0.2 | 0.0 | 1.4 | 20.0 | 44.4 | 40.9 | 55.5 | +35.8% | |
| Research & development | 5.1 | 5.0 | 3.5 | 0.1 | 0.3 | 0.3 | 0.2 | −13.6% | |
| Selling, general & administrative | 13.0 | 12.2 | 20.5 | 32.7 | 41.5 | 46.9 | — | — | |
| Selling & marketing | 0.0 | 0.0 | 2.8 | 12.1 | 18.4 | 18.6 | — | — | |
| Operating expenses | 18.1 | 17.2 | 24.2 | 33.1 | 41.9 | 47.2 | 59.8 | +26.6% | |
| Operating income | (17.9) | (17.2) | (22.7) | (13.1) | 2.5 | (6.3) | (1.1) | +82.3% | |
| Interest expense | 0.0 | 0.1 | 1.0 | 3.4 | 4.1 | 2.1 | 0.9 | −56.5% | |
| Interest income | 0.1 | 0.1 | 0.2 | 0.4 | 1.6 | 0.8 | 1.0 | +27.8% | |
| Other income / expense | (0.2) | (0.1) | (1.0) | (3.0) | (2.6) | (3.3) | — | — | |
| Pre-tax income | (18.1) | (17.3) | (23.7) | (16.0) | (0.1) | (9.6) | (3.6) | +63.0% | |
| Income tax | 0.0 | 0.0 | 0.0 | 0.0 | 0.4 | 0.1 | 0.0 | −60.4% | |
| Net income | (18.1) | (17.3) | (23.7) | (16.0) | (0.4) | (9.7) | (9,734.5) | −99833.4% | |
| 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) | (0.76) | (0.67) | (0.95) | (0.60) | (0.02) | (0.36) | (0.12) | +66.9% | |
| EPS, diluted (per share) | (0.76) | (0.67) | (0.95) | (0.60) | (0.02) | (0.36) | (0.13) | +64.1% | |
| EBITDA | (18.1) | (17.2) | (22.6) | (12.4) | 4.8 | (7.5) | (1.2) | +83.8% | |
| Depreciation & amortization | 0.4 | 0.0 | 0.1 | 0.3 | 0.8 | 0.1 | — | — | |
| Weighted average shares (shares) | 23,704,000 | 26,006,000 | 26,275,000 | 26,574,000 | 27,294,000 | 28,577,000 | — | — | |
| Weighted average diluted shares (shares) | 23,704,000 | 26,006,000 | 26,275,000 | 26,574,000 | 27,294,000 | 28,577,000 | — | — | |
| Gross margin | 100.0% | — | 94.4% | 94.1% | 93.3% | 91.6% | 93.7% | +2.2 pts | |
| Operating margin | −10,520.6% | — | −1,481.3% | −61.4% | 5.2% | −14.2% | −1.9% | +12.3 pts | |
| Net margin | −10,652.4% | — | −1,544.9% | −75.5% | −0.9% | −21.8% | −16,437.6% | −16415.8 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.
