| USD millions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | TTM | Trend | YoY |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 2.2 | 2.9 | 2.1 | 15.7 | 7.2 | 50.7 | 174.1 | +243.2% | |
| Cost of revenue | 1.2 | 1.8 | 1.0 | 9.3 | 6.8 | 30.6 | 98.0 | +220.5% | |
| Gross profit | 0.9 | 1.1 | 1.1 | 6.4 | 0.3 | 20.2 | 76.1 | +277.7% | |
| Research & development | 3.6 | 5.8 | 24.0 | 17.1 | 12.5 | 20.9 | 57.7 | +176.1% | |
| Selling, general & administrative | 8.9 | 13.3 | 27.1 | 27.5 | 22.5 | 57.7 | — | — | |
| Selling & marketing | 1.2 | 1.5 | 3.5 | 5.9 | 5.3 | 13.2 | — | — | |
| Operating expenses | 12.5 | 19.1 | 70.5 | 46.1 | 35.0 | 78.5 | 320.6 | +308.2% | |
| Operating income | (11.5) | (18.0) | (69.4) | (39.7) | (34.6) | (58.4) | (244.4) | −318.7% | |
| Interest expense | 1.9 | 0.6 | 3.8 | 4.2 | 3.6 | 6.6 | 2.5 | −61.6% | |
| Interest income | 0.0 | 0.0 | 0.0 | 0.1 | 0.2 | 9.1 | 33.3 | +265.3% | |
| Other income / expense | (2.0) | 0.0 | (3.8) | (5.1) | (3.4) | (74.5) | — | — | |
| Pre-tax income | (13.5) | (17.9) | (73.2) | (44.8) | (38.0) | (132.9) | 134.7 | +201.4% | |
| Income tax | 0.0 | (2.9) | 0.0 | 0.0 | 0.0 | 0.5 | (28.3) | −5903.3% | |
| Net income | (13.5) | (15.0) | (73.2) | (44.8) | (38.0) | (132.0) | 166.1 | +225.8% | |
| 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) | (0.66) | (0.44) | (1.73) | (0.88) | (0.61) | (0.62) | 0.10 | +116.9% | |
| EPS, diluted (per share) | (0.66) | (0.44) | (1.73) | (0.88) | (0.61) | (0.62) | 0.07 | +112.0% | |
| EBITDA | (11.1) | (15.6) | (64.6) | (34.6) | (28.7) | (118.3) | 168.3 | +242.2% | |
| Depreciation & amortization | 0.4 | 1.8 | 4.9 | 6.1 | 5.7 | 8.0 | 8.2 | +2.6% | |
| Weighted average shares (shares) | 20,428,490 | 34,180,897 | 42,242,525 | 52,740,215 | 69,917,062 | 221,769,000 | — | — | |
| Weighted average diluted shares (shares) | 20,428,490 | 34,180,897 | 42,242,525 | 52,740,215 | 69,917,062 | 221,769,000 | — | — | |
| Gross margin | 42.9% | 37.7% | 52.2% | 40.7% | 4.8% | 39.7% | 43.7% | +4.0 pts | |
| Operating margin | −532.6% | −618.3% | −3,266.0% | −253.2% | −481.1% | −115.1% | −140.4% | −25.3 pts | |
| Net margin | −622.9% | −516.9% | −3,445.3% | −285.8% | −528.4% | −260.2% | 95.4% | +355.6 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.
