| USD millions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | TTM | Trend | YoY |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 0.6 | 2.9 | 11.8 | 22.8 | 37.0 | 31.5 | 10.7 | −66.0% | |
| Cost of revenue | 0.4 | 1.8 | 7.3 | 19.0 | 4.9 | 20.0 | 8.4 | −57.9% | |
| Gross profit | 0.2 | 1.1 | 4.5 | 3.8 | 32.1 | 11.4 | 2.3 | −80.3% | |
| Research & development | 95.3 | 94.4 | 127.7 | 156.1 | 46.8 | 45.5 | 55.8 | +22.6% | |
| Selling, general & administrative | 37.2 | 41.9 | 60.9 | 75.1 | 83.0 | 113.3 | — | — | |
| Selling & marketing | 1.9 | 4.9 | 5.6 | 9.7 | 7.1 | 10.8 | — | — | |
| Operating expenses | 159.1 | 175.4 | 234.5 | 279.4 | 170.8 | 701.0 | — | — | |
| Operating income | (158.8) | (174.3) | (230.0) | (275.6) | (138.7) | (689.6) | (732.7) | −6.3% | |
| Interest expense | 0.7 | 1.7 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Interest income | 0.0 | 0.0 | 3.8 | 10.8 | 8.4 | 25.3 | — | — | |
| Other income / expense | 70.5 | 71.8 | 88.4 | 95.5 | (207.7) | 25.5 | — | — | |
| Pre-tax income | (88.4) | (102.5) | (141.6) | (180.1) | (346.5) | (664.1) | (693.2) | −4.4% | |
| Income tax | 0.0 | 0.0 | 0.0 | 0.0 | 1.9 | 0.3 | 0.0 | −100.0% | |
| Net income | (88.4) | (102.5) | (57.1) | (58.4) | (136.6) | (355.8) | (415.7) | −16.8% | |
| 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) | (2.03) | (2.35) | (0.51) | (0.80) | (1.47) | (2.17) | (2.41) | −11.0% | |
| EPS, diluted (per share) | (2.03) | (2.35) | (0.51) | (0.80) | (1.47) | (2.17) | (2.41) | −11.0% | |
| EBITDA | (156.8) | (98.6) | (138.9) | (177.6) | (133.6) | (662.9) | (720.8) | −8.7% | |
| Depreciation & amortization | 2.1 | 2.2 | 2.7 | 2.6 | 1.8 | 1.2 | 1.0 | −12.9% | |
| Weighted average shares (shares) | 43,615,304 | 43,615,304 | 50,763,844 | 73,386,018 | 93,250,000 | 163,731,673 | — | — | |
| Weighted average diluted shares (shares) | 43,615,304 | 43,615,304 | 50,763,844 | 73,386,018 | 93,250,000 | 163,731,673 | — | — | |
| Gross margin | 40.8% | 38.2% | 38.0% | 16.9% | 86.7% | 36.3% | 21.1% | −15.2 pts | |
| Operating margin | −26,473.8% | −6,090.1% | −1,948.4% | −1,208.1% | −374.5% | −2,190.6% | −6,854.0% | −4663.4 pts | |
| Net margin | −14,731.2% | −3,581.2% | −483.5% | −255.9% | −368.8% | −1,130.3% | −3,888.7% | −2758.4 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.
