| Metric | Q3 FY24 | Q4 FY24 | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Trend |
|---|---|---|---|---|---|---|---|---|---|
| EarningsRevenue | $1.70M | $665.0K | $1.18M | $593.0K | $378.0K -77.8% | $650.0K -2.3% | $215.0K -81.8% | $318.0K -46.4% | Weakening |
| Operating Profit | -$28.89M | -$29.77M | -$27.73M | -$31.39M | -$30.15M -4.4% | -$31.04M -4.3% | -$30.85M -11.2% | -$34.16M -8.8% | Weakening |
| Net Profit | -$27.40M | -$28.98M | -$26.35M | -$30.57M | -$28.71M -4.8% | -$29.56M -2.0% | -$29.60M -12.3% | -$33.21M -8.6% | Weakening |
| EPS | $-0.24 | — | $-0.21 | $-0.24 | $-0.20 +16.7% | — | $-0.19 +9.5% | $-0.21 +12.5% | Strengthening |
| Other Income | $1.53M | $812.0K | $1.38M | $955.0K | $1.55M +1.2% | $1.32M +62.2% | $1.26M -8.3% | $988.0K +3.5% | Strengthening |
| Interest | $130.0K | $109.0K | $79.0K | $56.0K | $45.0K -65.4% | $29.0K -73.4% | $18.0K -77.2% | $2.0K -96.4% | Weakening |
| Depreciation | — | — | — | — | — | — | — | — | — |
| Profit before Tax | -$27.36M | -$28.96M | -$26.35M | -$30.44M | -$28.60M -4.5% | -$29.72M -2.6% | -$29.58M -12.3% | -$33.17M -9.0% | Weakening |
| MarginsOPM | -1698.7% | -4477.3% | -2351.9% | -5293.9% | -7977.3% -369.6% | -4775.5% -6.7% | -14347.0% -510.0% | -10741.5% -102.9% | Weakening |
| Tax | -0.1% | -0.1% | 0.0% | -0.4% | -0.4% -157.1% | 0.6% | -0.1% -400.0% | -0.1% +72.1% | Weakening |
| ReturnsROIC | 3.5% | 3.7% | 3.4% | 3.9% | 3.7% +4.8% | 3.8% +2.0% | 3.8% +12.3% | 4.3% +8.6% | Strengthening |
| Line item | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | TTM |
|---|---|---|---|---|---|---|---|
| AssetsCash & Equivalents | $69.87M | $252.57M | $59.95M | $72.36M | $41.21M | $20.02M | $107.86M |
| Short-Term Investments | — | — | — | — | $71.21M | $124.27M | $93.28M |
| Total Current Assets | $73.23M | $273.08M | $186.86M | $120.58M | $133.83M | $149.57M | $208.27M |
| Net PP&E | $13.38M | $58.65M | $58.04M | $45.82M | $33.13M | $23.77M | $19.16M |
| Goodwill | $0 | $21.34M | $21.34M | $0 | — | — | — |
| Intangibles | $0 | $54.99M | $51.62M | $48.25M | $44.88M | $41.51M | $40.05M |
| Total Assets | $88.57M | $426.19M | $321.01M | $217.30M | $213.61M | $216.30M | $268.92M |
| LiabilitiesTotal Current Liabilities | $10.10M | $33.86M | $30.27M | $29.56M | $28.66M | $22.77M | $19.60M |
| Short-Term Debt | — | — | — | — | — | — | — |
| Long-Term Debt | — | $3.52M | $10.93M | $7.92M | $3.99M | — | — |
| Long-Term Leases | $3.81M | $8.97M | $7.32M | $5.64M | $4.43M | $2.62M | $1.64M |
| Total Liabilities | $21.56M | $60.09M | $46.59M | $41.12M | $34.48M | $26.85M | $22.79M |
| EquityCommon Stock & APIC | $2.0K | $9.0K | $9.0K | $9.0K | $12.0K | $15.0K | $17.0K |
| Retained Earnings | -$90.06M | -$191.03M | -$295.93M | -$406.50M | -$509.60M | -$624.78M | -$687.59M |
| Total Equity | -$89.43M | $366.11M | $274.41M | $176.18M | $179.13M | $189.45M | $246.13M |
| HighlightsNet Cash / (Debt) | — | — | — | — | — | — | — |
| Line item | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | TTM |
|---|---|---|---|---|---|---|---|
| ActivitiesCash from Operating | -$10.97M | -$60.60M | -$81.34M | -$64.64M | -$72.40M | -$92.92M | -$108.08M |
| Cash from Investing | -$2.17M | -$67.38M | -$126.98M | $81.94M | -$41.58M | -$50.16M | -$12.72M |
| Cash from Financing | $70.97M | $336.19M | $5.24M | -$4.48M | $82.53M | $105.95M | $174.44M |
| SummaryCapital Expenditure | -$2.18M | -$38.05M | -$16.18M | -$860.0K | -$404.0K | -$1.11M | -$890.0K |
| Free Cash Flow | -$13.15M | -$98.64M | -$97.51M | -$65.50M | -$72.81M | -$94.03M | -$108.97M |
| FCF Margin | -275.1% | -2062.8% | -1696.8% | -1145.4% | -1605.8% | -3358.3% | -6981.0% |