| USD millions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | TTM | Trend | YoY |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 1.9 | 0.2 | 0.2 | 2.0 | 3.5 | 12.1 | 9.5 | −21.7% | |
| Cost of revenue | 0.1 | 0.3 | 0.2 | 1.5 | 2.4 | 4.0 | 4.2 | +6.1% | |
| Gross profit | 1.9 | (0.1) | (0.1) | 0.5 | 1.1 | 8.1 | 5.3 | −35.3% | |
| Research & development | 2.1 | 3.9 | 4.9 | 6.9 | 5.1 | 5.0 | 5.4 | +8.4% | |
| Selling, general & administrative | 4.8 | 6.3 | 7.0 | 6.9 | 7.9 | 7.4 | — | — | |
| Selling & marketing | 0.0 | 0.3 | 0.3 | 0.2 | 0.1 | 0.0 | — | — | |
| Operating expenses | 6.8 | 10.1 | 10.0 | 12.4 | 13.0 | 12.4 | 13.2 | +6.5% | |
| Operating income | (4.9) | (10.2) | (10.0) | (12.0) | (11.9) | (4.2) | (7.9) | −86.9% | |
| Interest expense | 7.5 | 0.0 | 0.0 | 0.0 | 0.2 | 0.3 | 0.0 | −100.0% | |
| Interest income | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | — | |
| Other income / expense | (8.7) | 0.3 | 0.0 | 0.1 | (0.4) | 0.6 | — | — | |
| Pre-tax income | (13.6) | (9.9) | (10.0) | (11.9) | (12.3) | (3.6) | (7.4) | −106.5% | |
| Income tax | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Net income | (13.6) | (9.9) | (10.0) | (11.9) | (12.3) | (3.6) | (7.4) | −106.5% | |
| 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) | (15.12) | (5.58) | (3.78) | (3.90) | (2.76) | (0.54) | (0.87) | −61.9% | |
| EPS, diluted (per share) | (15.12) | (5.58) | (3.78) | (3.90) | (2.76) | (0.54) | (0.92) | −71.2% | |
| EBITDA | (4.9) | (9.8) | (9.9) | (11.7) | (11.8) | (3.0) | (7.4) | −145.7% | |
| Depreciation & amortization | 0.1 | 0.1 | 0.1 | 0.2 | 0.2 | 0.3 | 0.2 | −9.5% | |
| Weighted average shares (shares) | 902,563 | 1,782,800 | 2,666,428 | 3,020,185 | 4,460,399 | 6,692,145 | — | — | |
| Weighted average diluted shares (shares) | 902,563 | 1,782,800 | 2,666,428 | 3,020,185 | 4,460,399 | 6,692,145 | — | — | |
| Gross margin | 96.3% | −54.9% | −41.4% | 23.4% | 31.3% | 67.3% | 55.6% | −11.6 pts | |
| Operating margin | −254.5% | −5,735.9% | −5,860.2% | −612.3% | −344.3% | −34.9% | −83.4% | −48.5 pts | |
| Net margin | −708.0% | −5,584.3% | −5,842.0% | −607.4% | −356.7% | −29.8% | −78.6% | −48.8 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.
