| USD millions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | TTM | Trend | YoY |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 5.5 | 0.5 | 1.2 | 17.2 | 16.9 | 160.6 | 177.5 | +10.5% | |
| Cost of revenue | 15.0 | 7.7 | 8.7 | 12.0 | 12.0 | 112.0 | 110.3 | −1.5% | |
| Gross profit | (9.5) | (7.2) | (7.5) | 5.2 | 4.9 | 48.5 | 71.3 | +46.8% | |
| Research & development | 3.5 | 17.4 | 17.5 | 6.6 | 23.7 | 4.6 | 7.5 | +65.8% | |
| Selling, general & administrative | 11.2 | 25.5 | 39.9 | 42.6 | 45.8 | 51.2 | — | — | |
| Selling & marketing | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | — | |
| Operating expenses | 17.5 | 53.1 | 95.2 | 87.0 | 95.7 | 67.4 | 313.0 | +364.4% | |
| Operating income | (27.0) | (60.3) | (102.7) | (81.8) | (90.8) | (18.9) | (182.5) | −867.3% | |
| Interest expense | 2.1 | 0.3 | 1.2 | 2.2 | 3.9 | 17.6 | 20.7 | +18.0% | |
| Interest income | 0.1 | 0.6 | 3.5 | 19.1 | 15.7 | 7.8 | — | — | |
| Other income / expense | (13.2) | 1.1 | 4.7 | 15.6 | 12.2 | (13.8) | — | — | |
| Pre-tax income | (40.2) | (59.2) | (98.0) | (66.2) | (78.6) | (32.6) | (211.2) | −547.3% | |
| Income tax | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Net income | (40.2) | (59.2) | (98.0) | (66.2) | (78.6) | (33.8) | (212.9) | −529.2% | |
| 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) | (0.71) | (0.30) | (0.44) | (0.28) | (0.34) | (0.14) | (0.90) | −541.1% | |
| EPS, diluted (per share) | (0.71) | (0.30) | (0.44) | (0.28) | (0.34) | (0.14) | (0.90) | −541.1% | |
| EBITDA | (32.2) | (53.8) | (89.0) | (45.0) | (56.5) | 10.3 | (167.4) | −1732.9% | |
| Depreciation & amortization | 5.9 | 5.1 | 7.9 | 19.0 | 18.3 | 25.3 | 26.3 | +3.9% | |
| Weighted average shares (shares) | 56,881,586 | 195,794,606 | 221,537,262 | 238,687,621 | 231,674,716 | 234,008,574 | — | — | |
| Weighted average diluted shares (shares) | 56,881,586 | 195,794,606 | 221,537,262 | 238,687,621 | 231,674,716 | 234,008,574 | — | — | |
| Gross margin | −171.0% | −1,342.2% | −640.3% | 30.3% | 29.0% | 30.2% | 40.2% | +9.9 pts | |
| Operating margin | −487.0% | −11,307.3% | −8,739.2% | −475.8% | −536.9% | −11.7% | −102.8% | −91.0 pts | |
| Net margin | −725.9% | −11,107.5% | −8,341.0% | −385.0% | −464.9% | −21.1% | −119.9% | −98.9 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.
