| USD millions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | TTM | Trend | YoY |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.3 | 6.9 | +2200.0% | |
| Cost of revenue | 0.1 | 0.0 | 7.7 | 5.8 | 0.0 | 0.3 | 34.0 | +11233.3% | |
| Gross profit | (0.1) | 0.0 | (7.7) | (5.8) | 0.0 | 0.0 | (27.1) | — | |
| Research & development | 21.1 | 64.3 | 169.2 | 271.1 | 357.7 | 493.9 | 620.1 | +25.6% | |
| Selling, general & administrative | 3.5 | 176.7 | 159.7 | 167.9 | 152.0 | 235.4 | — | — | |
| Selling & marketing | 0.0 | 0.0 | (5.4) | (0.5) | 0.0 | 0.0 | — | — | |
| Operating expenses | 24.5 | 358.3 | 328.9 | 439.0 | 509.7 | 729.3 | 938.7 | +28.7% | |
| Operating income | (24.6) | (358.3) | (336.6) | (444.8) | (509.7) | (729.3) | (940.5) | −29.0% | |
| Interest expense | 0.2 | 1.0 | 2.3 | 16.4 | 0.0 | 0.0 | — | — | |
| Interest income | 0.0 | 0.0 | 2.3 | 16.4 | 21.9 | 52.8 | — | — | |
| Other income / expense | (0.2) | 10.5 | 19.3 | (12.6) | (26.9) | 111.4 | — | — | |
| Pre-tax income | (24.8) | (347.8) | (317.3) | (457.4) | (536.6) | (617.9) | (799.5) | −29.4% | |
| Income tax | 0.0 | 0.0 | 0.0 | 0.5 | 0.2 | 0.3 | 0.2 | −33.3% | |
| Net income | (24.8) | (347.8) | (317.3) | (457.9) | (536.8) | (618.2) | (799.7) | −29.4% | |
| 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) | (0.21) | (1.46) | (1.32) | (1.69) | (1.42) | (0.99) | (1.08) | −9.5% | |
| EPS, diluted (per share) | (0.21) | (1.46) | (1.32) | (1.69) | (1.42) | (0.99) | (1.08) | −9.5% | |
| EBITDA | (24.4) | (239.7) | (309.6) | (451.6) | (524.9) | (597.3) | (877.0) | −46.8% | |
| Depreciation & amortization | 0.1 | 1.3 | 7.7 | 5.8 | 11.7 | 20.6 | 29.0 | +40.8% | |
| Weighted average shares (shares) | 116,542,804 | 237,727,536 | 240,476,894 | 270,408,132 | 376,734,395 | 624,307,768 | — | — | |
| Weighted average diluted shares (shares) | 116,542,804 | 237,727,536 | 240,476,894 | 270,408,132 | 376,734,395 | 624,307,768 | — | — | |
| Gross margin | — | — | — | — | — | 0.0% | −392.8% | — | |
| Operating margin | — | — | — | — | — | −243,100.0% | −13,630.4% | +229469.6 pts | |
| Net margin | — | — | — | — | — | −206,066.7% | −11,589.9% | +194476.8 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.
