| USD millions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | TTM | Trend | YoY |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 0.0 | 0.0 | 0.0 | 0.0 | 1.0 | 0.4 | 4.4 | +924.2% | |
| Cost of revenue | 0.0 | 0.0 | 0.1 | 0.2 | 3.0 | 2.3 | 7.4 | +225.4% | |
| Gross profit | 0.0 | 0.0 | (0.1) | (0.2) | (2.0) | (1.8) | (3.0) | −61.0% | |
| Research & development | 8.4 | 13.4 | 19.0 | 16.7 | 11.2 | 5.7 | 4.1 | −27.8% | |
| Selling, general & administrative | 2.7 | 6.5 | 11.5 | 12.8 | 11.0 | 7.9 | — | — | |
| Selling & marketing | 0.0 | 5.4 | 11.5 | 0.0 | 0.3 | 0.3 | — | — | |
| Operating expenses | 11.1 | 19.8 | 30.3 | 29.5 | 22.2 | 13.7 | 30.2 | +120.8% | |
| Operating income | (11.1) | (19.8) | (30.5) | (29.7) | (24.2) | (15.5) | (27.1) | −74.6% | |
| Interest expense | 1.0 | 0.9 | 0.1 | 0.0 | 0.0 | 3.0 | 3.2 | +7.0% | |
| Interest income | 0.0 | 0.0 | 0.1 | 0.4 | 0.5 | 0.2 | — | — | |
| Other income / expense | (1.9) | (2.0) | 0.1 | 0.4 | 0.5 | (2.8) | — | — | |
| Pre-tax income | (13.0) | (21.8) | (30.3) | (29.3) | (23.7) | (18.3) | (27.6) | −51.1% | |
| Income tax | 0.0 | 0.8 | (0.1) | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Net income | (14.0) | (22.6) | (30.2) | (29.3) | (23.7) | (18.3) | (27.7) | −51.2% | |
| Discontinued operations | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | — | |
| Other net income adjustments | (1.0) | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | — | |
| EPS, basic (per share) | (0.44) | (0.69) | (0.91) | (0.63) | (0.39) | (0.27) | (16.92) | −6164.9% | |
| EPS, diluted (per share) | (0.44) | (0.69) | (0.91) | (0.63) | (0.39) | (0.27) | (16.92) | −6164.9% | |
| EBITDA | (12.0) | (20.8) | (30.2) | (29.1) | (23.6) | (15.2) | (24.0) | −58.1% | |
| Depreciation & amortization | 0.0 | 0.1 | 0.1 | 0.2 | 0.2 | 0.1 | 3.1 | +1958.4% | |
| Weighted average shares (shares) | 32,124,405 | 32,772,045 | 33,025,710 | 46,195,395 | 60,233,340 | 84,072,000 | — | — | |
| Weighted average diluted shares (shares) | 32,124,405 | 32,772,045 | 33,025,710 | 46,195,395 | 60,233,340 | 84,072,000 | — | — | |
| Gross margin | — | — | — | — | −196.8% | −424.9% | −66.8% | +358.2 pts | |
| Operating margin | — | — | — | — | −2,391.1% | −3,580.4% | −610.3% | +2970.0 pts | |
| Net margin | — | — | — | — | −2,342.3% | −4,222.9% | −623.5% | +3599.4 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.
