| USD millions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | TTM | Trend | YoY |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 24.2 | 23.5 | 27.9 | 28.5 | 33.6 | 41.1 | 45.1 | +9.7% | |
| Cost of revenue | 9.2 | 9.7 | 12.5 | 11.8 | 12.3 | 15.5 | 17.1 | +10.5% | |
| Gross profit | 14.9 | 13.8 | 15.4 | 16.7 | 21.3 | 25.6 | 28.0 | +9.2% | |
| Research & development | 1.3 | 2.5 | 5.0 | 5.7 | 5.3 | 4.4 | 4.5 | +1.7% | |
| Selling, general & administrative | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 23.4 | — | — | |
| Selling & marketing | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | — | |
| Operating expenses | 16.2 | 20.8 | 26.1 | 27.0 | 27.8 | 28.6 | 29.6 | +3.6% | |
| Operating income | (1.3) | (7.0) | (10.8) | (10.3) | (6.4) | (3.0) | (1.7) | +44.4% | |
| Interest expense | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | — | |
| Interest income | 0.0 | 0.0 | 0.1 | 0.6 | 0.4 | 0.3 | — | — | |
| Other income / expense | 0.1 | 0.7 | 0.1 | 0.5 | 0.4 | 0.4 | — | — | |
| Pre-tax income | (1.2) | (6.4) | (10.7) | (9.8) | (6.1) | (2.6) | (1.8) | +30.8% | |
| Income tax | 0.0 | (1.8) | (2.0) | 4.0 | 0.0 | 0.0 | 0.0 | −52.8% | |
| Net income | (1.2) | (4.6) | (8.7) | (13.7) | (6.1) | (2.6) | (1.8) | +31.0% | |
| 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) | (0.03) | (0.10) | (0.19) | (0.30) | (0.13) | (0.06) | (0.03) | +39.2% | |
| EPS, diluted (per share) | (0.03) | (0.10) | (0.19) | (0.30) | (0.13) | (0.06) | 0.00 | +103.7% | |
| EBITDA | 1.6 | (5.9) | (10.1) | (8.9) | (5.3) | (1.8) | (0.8) | +55.5% | |
| Depreciation & amortization | 0.4 | 0.5 | 0.6 | 0.9 | 0.8 | 0.8 | 0.8 | −2.4% | |
| Weighted average shares (shares) | 41,929,736 | 44,385,032 | 45,002,074 | 45,601,346 | 45,803,000 | 46,187,077 | — | — | |
| Weighted average diluted shares (shares) | 41,929,736 | 44,385,032 | 45,002,074 | 45,601,346 | 45,803,000 | 46,187,077 | — | — | |
| Gross margin | 61.8% | 58.6% | 55.1% | 58.6% | 63.4% | 62.3% | 62.0% | −0.3 pts | |
| Operating margin | −5.2% | −29.9% | −38.6% | −36.0% | −19.2% | −7.2% | −3.7% | +3.6 pts | |
| Net margin | −5.0% | −19.4% | −31.0% | −48.2% | −18.0% | −6.4% | −4.0% | +2.4 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.
