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Consolidated statements of operations and comprehensive income (loss) - USD ($)
$ in Millions
2 Months Ended 12 Months Ended
Dec. 31, 2022
Dec. 31, 2023
Oct. 31, 2022
Oct. 31, 2021
Revenue        
Revenue $ 5.9 $ 18.3 $ 13.4 $ 7.3
Cost of sales        
Cost of sales (10.8) (81.8) (48.4) (13.3)
Selling, general and administrative expense (14.7) (93.4) (74.9) (22.7)
Research and development (0.7) (5.7) (2.4) (3.4)
Loss from operations (20.3) (162.6) (112.3) (32.1)
Other income (expense)        
Interest income 3.5 12.7 7.0 0.1
Interest expense (2.2) (7.6) (12.5) (2.6)
Foreign exchange loss (0.8) (2.5) 0.0 (0.7)
Fair value gain (loss) on financial instruments 21.4 22.1 67.5 (35.2)
Nonoperating income (expense) 21.9 24.7 62.0 (38.4)
Net (loss) income before taxes 1.6 (137.9) (50.3) (70.5)
Income tax 0.0 (0.1) 0.0 0.0
Net (loss) income 1.6 (138.0) (50.3) (70.5)
Comprehensive (loss) income $ 1.6 $ (138.0) $ (50.3) $ (70.5)
(Loss) earnings per common share - basic (in dollars per share) $ 0.01 $ (0.78) $ (0.29) $ (0.64)
(Loss) earnings per common share - diluted (in dollars per share) $ 0.01 $ (0.78) $ (0.29) $ (0.64)
Product revenue        
Revenue        
Revenue $ 5.8 $ 12.6 $ 12.1 $ 6.9
Cost of sales        
Cost of sales (10.8) (80.0) (48.4) (13.3)
Recycling service revenue        
Revenue        
Revenue 0.1 5.7 1.3 0.4
Cost of sales        
Cost of sales $ 0.0 $ (1.8) $ 0.0 $ 0.0