| USD millions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | TTM | Trend | YoY |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 8.8 | 31.3 | 3.9 | 1.6 | 11.5 | 19.4 | 1.8 | −90.7% | |
| Cost of revenue | 27.9 | 20.4 | 12.7 | 0.3 | 0.2 | 0.0 | — | — | |
| Gross profit | (19.1) | 10.9 | (8.8) | (22.0) | 11.3 | 19.4 | — | — | |
| Research & development | 27.9 | 20.4 | 12.7 | 23.5 | 17.8 | 22.8 | 15.8 | −30.6% | |
| Selling, general & administrative | 11.1 | 8.5 | 7.4 | 7.4 | 5.7 | 4.2 | — | — | |
| Selling & marketing | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | — | |
| Operating expenses | 11.1 | 7.9 | 7.4 | 7.3 | 23.3 | 26.9 | 19.6 | −27.3% | |
| Operating income | (30.2) | 3.0 | (16.2) | (29.3) | (12.0) | (7.5) | (17.8) | −135.7% | |
| Interest expense | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | — | |
| Interest income | 0.9 | 0.3 | 1.3 | 2.1 | 1.4 | 1.4 | 1.4 | −2.3% | |
| Other income / expense | 0.9 | 0.3 | 1.3 | 2.1 | 1.4 | 1.4 | — | — | |
| Pre-tax income | (29.3) | 3.2 | (14.9) | (27.2) | (10.6) | (6.1) | (16.3) | −166.6% | |
| Income tax | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Net income | (29.3) | 3.2 | (14.9) | (27.2) | (10.6) | (6.1) | (16.3) | −166.6% | |
| 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) | (1.30) | 1.40 | (0.65) | (1.01) | (0.38) | (2.20) | (5.64) | −156.4% | |
| EPS, diluted (per share) | (1.30) | 0.14 | (0.65) | (1.01) | (0.38) | (2.20) | (5.64) | −156.4% | |
| EBITDA | (29.3) | 3.8 | (15.7) | (29.0) | (10.3) | (7.4) | — | — | |
| Depreciation & amortization | 0.9 | 0.9 | 0.6 | 0.3 | 0.2 | 0.1 | — | — | |
| Weighted average shares (shares) | 22,574,688 | 23,063,493 | 23,128,722 | 27,087,081 | 27,857,620 | 2,785,875 | — | — | |
| Weighted average diluted shares (shares) | 22,574,688 | 23,566,182 | 23,128,722 | 27,087,081 | 27,857,620 | 2,785,875 | — | — | |
| Gross margin | −218.2% | 34.8% | −226.6% | −1,414.9% | 98.0% | 100.0% | — | — | |
| Operating margin | −344.7% | 9.5% | −418.3% | −1,885.8% | −104.1% | −38.9% | −990.0% | −951.1 pts | |
| Net margin | −333.9% | 10.3% | −384.3% | −1,752.8% | −91.7% | −31.6% | −910.1% | −878.5 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.
