| USD millions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | TTM | Trend | YoY |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 0.4 | 0.7 | 0.3 | 0.2 | 0.5 | 0.7 | 0.2 | −72.5% | |
| Cost of revenue | 0.1 | 0.2 | 0.1 | 0.0 | 0.0 | 0.0 | 0.0 | −100.0% | |
| Gross profit | 0.2 | 0.5 | 0.2 | 0.2 | 0.5 | 0.7 | 0.2 | −72.4% | |
| Research & development | 0.4 | 1.3 | 1.8 | 3.7 | 2.4 | 8.2 | 4.0 | −51.5% | |
| Selling, general & administrative | 4.0 | 5.0 | 5.0 | 3.1 | 3.9 | 4.3 | — | — | |
| Selling & marketing | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | — | |
| Operating expenses | 4.4 | 6.2 | 6.8 | 6.7 | 6.2 | 12.6 | 7.9 | −37.2% | |
| Operating income | (4.1) | (5.7) | (6.6) | (6.5) | (5.8) | (11.9) | (7.7) | +35.1% | |
| Interest expense | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Interest income | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | — | |
| Other income / expense | 0.0 | 1.5 | (0.8) | (0.2) | (0.1) | (0.0) | — | — | |
| Pre-tax income | (4.1) | (4.2) | (7.4) | (6.7) | (5.8) | (11.9) | (7.7) | +35.1% | |
| Income tax | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Net income | (3.9) | (4.0) | (7.3) | (6.7) | (5.8) | (11.9) | (7.7) | +35.0% | |
| Discontinued operations | 0.1 | (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) | (1.42) | (0.92) | (1.24) | (1.01) | (0.47) | (0.66) | (4.24) | −541.8% | |
| EPS, diluted (per share) | (1.42) | (0.92) | (1.24) | (1.01) | (0.47) | (0.66) | (2.28) | −245.8% | |
| EBITDA | (4.0) | (4.0) | (7.3) | (6.6) | (5.7) | (11.8) | (7.7) | +35.1% | |
| Depreciation & amortization | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | −35.3% | |
| Weighted average shares (shares) | 2,773,376 | 4,391,446 | 5,885,245 | 6,614,066 | 12,383,974 | 17,998,715 | — | — | |
| Weighted average diluted shares (shares) | 2,773,376 | 4,391,446 | 5,885,245 | 6,614,066 | 12,383,974 | 17,998,715 | — | — | |
| Gross margin | 56.0% | 75.7% | 71.9% | 86.1% | 99.0% | 99.6% | 100.0% | +0.4 pts | |
| Operating margin | −1,078.9% | −786.8% | −2,591.7% | −2,888.5% | −1,239.2% | −1,683.0% | −3,973.2% | −2290.2 pts | |
| Net margin | −1,023.0% | −557.2% | −2,846.3% | −2,946.4% | −1,248.2% | −1,686.0% | −3,985.6% | −2299.6 pts |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
TTM ends 2026-05-31 and uses four consecutive reported quarters.
