| Metric | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|
| Revenue | $16.2M+50.6% | $10.7M+9.2% | $9.8M+146.1% | $4.0M+65.6% | $2.4M+286.7% | $624K |
| Cost of revenue | $15.4M+193.1% | $5.3M-14.8% | $6.2M+278.1% | $1.6M+48.0% | $1.1M+486.5% | $188K |
| Gross Profit | $771K-85.9% | $5.5M+49.6% | $3.7M+55.1% | $2.4M+80.4% | $1.3M+200.6% | $436K |
| Research and development | $10.8M+127.0% | $4.7M-33.6% | $7.1M+70.0% | $4.2M+152.5% | $1.7M+473.6% | $290K |
| Selling, general, and administrative | $27.7M+73.3% | $16.0M-15.6% | $18.9M+15.1% | $16.5M+47.4% | $11.2M+348.9% | $2.5M |
| Credit losses on accounts receivable | $2.2M | — | — | — | — | — |
| Impairment of finance lease right-of-use asset | $906K | $0 | — | — | — | — |
| Impairment of property and equipment | $626K | $0 | — | — | — | — |
| Impairment of intangible assets | $202K | $0 | — | — | — | — |
| Impairment of equipment deposits | $1.4M | — | — | — | — | — |
| Total Operating Expenses | $43.8M+111.3% | $20.7M-20.6% | $26.1M+26.3% | $20.7M+61.0% | $12.8M+361.9% | $2.8M |
| Loss From Operations | -$43.0M-182.2% | -$15.2M+32.0% | -$22.4M-22.6% | -$18.3M-58.8% | -$11.5M-391.9% | -$2.3M |
| Change in fair value of digital assets | -$13.8M-1819.8% | -$719K | — | — | — | — |
| Impairment of equity investment | -$3.3M | — | — | — | — | — |
| Credit loss on loan receivable | -$2.1M | — | — | — | — | — |
| Interest income | $563K+5226.4% | $11K | — | — | — | — |
| Change in fair value of accrued issuable equity | -$17K+92.5% | -$229K-237.0% | $167K+13.6% | $147K+216.9% | -$126K-4750.5% | -$3K |
| Interest expense | -$160K+23.8% | -$210K+70.8% | -$718K+23.2% | -$936K-27953.8% | -$3K | — |
| Amortization of debt discount | -$83K+92.8% | -$1.2M-57.7% | -$730K-42.7% | -$512K-299.2% | -$128K+74.5% | -$502K |
| Gain on debt extinguishment | $50K+408.4% | $10K | — | — | — | — |
| Total Other Expense, net | -$18.9M-725.8% | -$2.3M-78.6% | -$1.3M-11.4% | -$1.2M-189.3% | -$398K+22.0% | -$510K |
| Net Loss | -$61.9M-253.2% | -$17.5M+26.0% | -$23.7M-21.9% | -$19.4M-63.2% | -$11.9M-317.9% | -$2.9M |
| Net Loss Per Share | — | — | — | -$19436479.00 | — | — |
| Net Loss Per Share - Basic (in dollars per share) | -$1.56-108.0% | -$0.75-275.0% | -$0.20-11.1% | -$0.18-20.0% | -$0.15-400.0% | -$0.03 |
| Net Loss Per Share - Diluted (in dollars per share) | -$1.56-108.0% | -$0.75-275.0% | -$0.20-11.1% | -$0.18-20.0% | -$0.15-400.0% | -$0.03 |
| Weighted Average Number of Common Shares Outstanding - Basic (in shares) | 39.7M+70.3% | 23.3M-80.2% | 117.8M+11.5% | 105.7M+10.3% | 95.7M+16.7% | 82.0M |
| Weighted Average Number of Common Shares Outstanding - Diluted (in shares) | 39.7M+70.3% | 23.3M-80.2% | 117.8M+11.5% | 105.7M+10.3% | 95.7M+16.7% | 82.0M |
Source: SEC EDGAR XBRL. % change vs prior period shown where available.
Source: SEC EDGAR 10-K and 10-Q filings. Up to 10 years annual / 16 quarters shown.