| USD millions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | TTM | Trend | YoY |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 17.1 | 29.5 | 37.3 | 37.3 | 52.3 | 62.1 | 55.4 | −10.8% | |
| Cost of revenue | 11.1 | 20.8 | 29.0 | 29.5 | 36.2 | 46.0 | 40.5 | −12.0% | |
| Gross profit | 6.0 | 8.7 | 8.4 | 7.8 | 16.2 | 16.0 | 14.9 | −7.2% | |
| Research & development | 1.6 | 2.2 | 3.0 | 3.8 | 3.8 | 4.1 | 4.1 | +0.6% | |
| Selling, general & administrative | — | 3.9 | 7.6 | 7.5 | 7.2 | 10.4 | — | — | |
| Selling & marketing | — | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | — | |
| Operating expenses | — | 6.1 | 10.6 | 11.4 | 11.1 | 14.5 | 47.4 | +227.6% | |
| Operating income | 1.5 | 2.6 | (2.3) | (3.5) | 5.1 | 1.6 | (1.0) | −162.2% | |
| Interest expense | 0.5 | 1.2 | 0.4 | 0.8 | 0.7 | 0.9 | 1.2 | +29.9% | |
| Interest income | — | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | — | |
| Other income / expense | — | (0.2) | (0.4) | (0.8) | (0.7) | 0.3 | — | — | |
| Pre-tax income | 1.0 | 2.4 | (2.6) | (4.4) | 4.5 | 1.9 | (2.2) | −218.0% | |
| Income tax | — | 0.0 | (0.0) | 0.0 | 0.2 | 0.1 | (0.3) | −534.2% | |
| Net income | 1.0 | 2.3 | (2.6) | (4.4) | 4.2 | 1.8 | (1.9) | −205.1% | |
| Discontinued operations | — | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | — | |
| Other net income adjustments | — | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | — | |
| EPS, basic (per share) | 0.03 | 0.05 | (0.05) | (0.09) | 0.07 | 0.03 | (0.03) | −192.3% | |
| EPS, diluted (per share) | 0.03 | 0.05 | (0.05) | (0.09) | 0.07 | 0.02 | (0.03) | −239.0% | |
| EBITDA | 1.8 | 4.0 | (1.7) | (2.8) | 6.1 | 3.7 | 0.1 | −97.2% | |
| Depreciation & amortization | 0.4 | 0.5 | 0.6 | 0.7 | 0.9 | 0.9 | 1.1 | +20.5% | |
| Weighted average shares (shares) | 38,158,586 | 45,021,173 | 49,117,000 | 49,556,305 | 62,350,459 | 70,344,152 | — | — | |
| Weighted average diluted shares (shares) | 38,545,586 | 47,039,173 | 49,117,000 | 49,556,305 | 65,028,815 | 72,579,715 | — | — | |
| Gross margin | 35.0% | 29.5% | 22.4% | 21.0% | 30.9% | 25.8% | 26.9% | +1.0 pts | |
| Operating margin | 8.7% | 8.7% | −6.1% | −9.5% | 9.8% | 2.5% | −1.8% | −4.3 pts | |
| Net margin | 5.8% | 7.9% | −7.0% | −11.8% | 8.1% | 2.9% | −3.4% | −6.3 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.
