| USD millions | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | FY2026 | TTM | Trend | YoY |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 0.9 | 0.0 | 0.0 | 1.2 | 3.7 | 7.7 | 7.7 | +0.1% | |
| Cost of revenue | 0.0 | 0.0 | 0.6 | 2.5 | 5.4 | 7.4 | 7.4 | −0.8% | |
| Gross profit | 0.9 | 0.0 | (0.6) | (1.3) | (1.7) | 0.3 | 0.3 | +27.4% | |
| Research & development | 12.6 | 11.8 | 16.8 | 24.4 | 16.9 | 10.2 | 9.1 | −11.0% | |
| Selling, general & administrative | 10.5 | 18.9 | 34.7 | 37.3 | 26.0 | 19.1 | — | — | |
| Selling & marketing | 0.0 | 0.6 | 0.0 | 0.0 | 0.0 | 0.0 | — | — | |
| Operating expenses | 23.1 | 40.7 | 51.5 | 61.7 | 42.9 | 29.3 | 28.4 | −3.2% | |
| Operating income | (22.2) | (40.7) | (52.1) | (63.0) | (44.5) | (29.0) | (28.0) | +3.5% | |
| Interest expense | 0.6 | 0.8 | 0.0 | 2.9 | 3.0 | 3.5 | 4.5 | +26.9% | |
| Interest income | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | — | |
| Other income / expense | (0.7) | (3.4) | (7.3) | (1.3) | (3.9) | (5.3) | — | — | |
| Pre-tax income | (22.9) | (44.1) | (59.4) | (64.3) | (48.5) | (34.3) | (34.4) | −0.2% | |
| Income tax | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Net income | (22.9) | (43.2) | (55.8) | (60.2) | (46.6) | (33.2) | (33.5) | −0.7% | |
| 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) | (508.20) | (672.80) | (744.80) | (726.60) | (275.40) | (80.20) | (28.58) | +64.4% | |
| EPS, diluted (per share) | (508.20) | (672.80) | (744.80) | (726.60) | (275.40) | (80.20) | (28.58) | +64.4% | |
| EBITDA | (22.0) | (42.7) | (58.2) | (59.0) | (41.9) | (27.2) | (24.8) | +8.6% | |
| Depreciation & amortization | 0.2 | 0.6 | 1.2 | 2.4 | 3.6 | 3.6 | 3.2 | −12.3% | |
| Weighted average shares (shares) | 45,013 | 64,171 | 74,934 | 82,900 | 169,266 | 415,045 | — | — | |
| Weighted average diluted shares (shares) | 45,013 | 64,171 | 74,934 | 82,900 | 169,266 | 415,045 | — | — | |
| Gross margin | 100.0% | — | — | −112.8% | −44.9% | 3.3% | 4.2% | +0.9 pts | |
| Operating margin | −2,544.6% | — | — | −5,436.2% | −1,202.1% | −378.2% | −364.8% | +13.5 pts | |
| Net margin | −2,620.3% | — | — | −5,197.8% | −1,258.4% | −433.0% | −435.7% | −2.7 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.
