| USD millions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Revenue | 15.3 | 18.6 | 24.3 | 33.4 | 12.5 | 18.3 | +46.4% | |
| Cost of revenue | 11.0 | 12.1 | 14.0 | 17.8 | 8.2 | 9.6 | +16.8% | |
| Gross profit | 4.3 | 6.5 | 10.3 | 15.6 | 4.2 | 8.6 | +103.9% | |
| Research & development | 4.4 | 3.3 | 2.4 | 4.4 | 5.7 | 12.5 | +120.4% | |
| Selling, general & administrative | 8.9 | 8.7 | 7.2 | 13.5 | 18.5 | 38.6 | +108.4% | |
| Selling & marketing | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 12.8 | — | |
| Operating expenses | 13.4 | 12.0 | 9.7 | 17.9 | 24.2 | 48.4 | +100.5% | |
| Operating income | (9.1) | (5.5) | 0.6 | (2.2) | (19.9) | (39.8) | −99.7% | |
| Interest expense | 0.0 | 0.2 | 0.6 | 1.0 | 2.1 | 0.2 | −89.3% | |
| Interest income | 0.0 | 0.0 | 0.0 | 0.1 | 0.8 | 6.1 | +670.1% | |
| Other income / expense | (0.7) | 0.2 | 2.0 | (1.2) | (0.6) | 5.4 | +947.7% | |
| Pre-tax income | (9.8) | (5.3) | 2.6 | (3.4) | (20.6) | (34.4) | −67.0% | |
| Income tax | 0.0 | 0.0 | (3.4) | 0.3 | 3.5 | (0.2) | −104.6% | |
| Net income | (9.8) | (5.3) | 6.0 | (3.6) | (24.1) | (34.2) | −42.0% | |
| 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) | (0.61) | (0.32) | 0.38 | (0.21) | (0.68) | (0.24) | +64.7% | |
| EPS, diluted (per share) | (0.61) | (0.32) | 0.38 | (0.21) | (0.68) | (0.24) | +64.7% | |
| EBITDA | (6.1) | (3.4) | 3.7 | (1.8) | (17.8) | (33.8) | −90.1% | |
| Depreciation & amortization | 3.0 | 1.7 | 0.4 | 0.6 | 0.7 | 0.2 | −73.3% | |
| Weighted average shares (shares) | 15,130,000 | 15,130,000 | 15,130,000 | 15,298,266 | 35,248,090 | 135,029,729 | +283.1% | |
| Weighted average diluted shares (shares) | 15,130,000 | 15,130,000 | 15,130,000 | 15,298,266 | 35,248,090 | 135,029,729 | +283.1% | |
| Gross margin | 28.2% | 35.0% | 42.2% | 46.7% | 33.9% | 47.3% | +13.3 pts | |
| Operating margin | −60.0% | −29.7% | 2.5% | −6.6% | −159.8% | −218.1% | −58.3 pts | |
| Net margin | −64.3% | −28.4% | 24.9% | −10.9% | −193.1% | −187.3% | +5.7 pts |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
