| USD millions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | TTM | Trend | YoY |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 100.3 | 121.6 | 180.4 | 238.7 | 452.7 | 271.1 | 202.1 | −25.5% | |
| Cost of revenue | 85.7 | 111.7 | 175.4 | 181.8 | 269.8 | 225.1 | 196.7 | −12.6% | |
| Gross profit | 14.6 | 9.9 | 5.0 | 56.9 | 182.9 | 46.0 | 5.4 | −88.2% | |
| Research & development | 8.7 | 11.4 | 16.9 | 16.4 | 18.1 | 6,295.1 | 11.2 | −99.8% | |
| Selling, general & administrative | 27.4 | 39.1 | 67.3 | 89.8 | 106.8 | 40,912.1 | — | — | |
| Selling & marketing | 11.8 | 16.6 | 28.8 | 33.0 | 35.7 | 13,515.7 | — | — | |
| Operating expenses | 36.2 | 50.5 | 84.2 | 106.1 | 128.4 | 97.4 | 128.3 | +31.8% | |
| Operating income | (21.6) | (40.6) | (79.2) | (49.2) | 54.5 | (51.4) | (122.9) | −139.2% | |
| Interest expense | 0.2 | 0.2 | 5.1 | 5.3 | 12.0 | 6,057.7 | 5.3 | −99.9% | |
| Interest income | 0.0 | 0.0 | 1.6 | 6.5 | 0.0 | 0.0 | — | — | |
| Other income / expense | (0.2) | 3.5 | (3.5) | 3.4 | (39.4) | (335.8) | — | — | |
| Pre-tax income | (21.8) | (37.1) | (82.7) | (45.8) | 15.1 | (387.2) | (125.3) | +67.6% | |
| Income tax | 0.0 | 0.0 | 0.0 | 0.0 | 1.7 | 2.4 | 0.9 | −64.0% | |
| Net income | (21.8) | (37.1) | (82.7) | (45.8) | 13.4 | (389.6) | (126.2) | +67.6% | |
| 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) | (0.45) | (0.92) | (2.19) | (0.66) | 0.17 | (4.74) | (1.53) | +67.7% | |
| EPS, diluted (per share) | (0.45) | (0.92) | (2.19) | (0.66) | 0.17 | (4.74) | (1.53) | +67.7% | |
| EBITDA | (11.4) | (27.4) | (68.4) | (22.3) | 51.5 | 5,715.7 | (85.3) | −101.5% | |
| Depreciation & amortization | 10.2 | 9.4 | 9.2 | 18.2 | 24.4 | 45.2 | 44.3 | −1.9% | |
| Weighted average shares (shares) | 26,377,652 | 30,433,154 | 39,363,114 | 69,439,034 | 77,535,000 | 82,662,000 | — | — | |
| Weighted average diluted shares (shares) | 26,377,652 | 30,433,154 | 39,363,114 | 69,439,034 | 80,307,000 | 82,662,000 | — | — | |
| Gross margin | 14.6% | 8.2% | 2.8% | 23.8% | 40.4% | 17.0% | 2.7% | −14.3 pts | |
| Operating margin | −21.5% | −33.4% | −43.9% | −20.6% | 12.0% | −19.0% | −60.8% | −41.9 pts | |
| Net margin | −21.7% | −30.5% | −45.9% | −19.2% | 3.0% | −143.7% | −62.4% | +81.2 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.
