| Metric | Q3 FY24 | Q4 FY24 | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Trend |
|---|---|---|---|---|---|---|---|---|---|
| EarningsRevenue | $41.67M | $22.77M | $29.38M | $28.30M | $17.15M -58.8% | $7.20M -68.4% | $2.06M -93.0% | $2.96M -89.5% | Weakening |
| Operating Profit | -$10.74M | -$33.39M | -$16.83M | -$11.62M | -$16.51M -53.8% | -$31.31M +6.3% | -$28.93M -71.9% | -$25.55M -119.9% | Weakening |
| Net Profit | -$6.90M | -$30.00M | -$14.08M | -$9.18M | -$13.45M -94.8% | -$29.08M +3.1% | -$26.96M -91.6% | -$23.79M -159.1% | Weakening |
| EPS | $-0.26 | — | $-0.52 | $-0.34 | $-0.49 -88.5% | — | $-0.95 -82.7% | $-0.84 -147.1% | Weakening |
| Other Income | — | — | — | — | — | — | — | — | — |
| Interest | — | — | — | — | — | — | — | — | — |
| Depreciation | — | — | — | — | — | — | — | — | — |
| Profit before Tax | -$7.12M | $131.99M | -$14.08M | -$9.18M | -$13.45M -88.9% | -$29.08M -122.0% | — | -$23.79M -159.2% | Weakening |
| MarginsOPM | -25.8% | -146.7% | -57.3% | -41.0% | -96.3% -273.7% | -435.0% -196.6% | -1403.7% -2351.1% | -863.3% -2003.6% | Weakening |
| Tax | 3.0% | 0.0% | 0.0% | -0.0% | — | — | — | 0.0% +100.0% | Strengthening |
| ReturnsROIC | 1.2% | 5.3% | 2.5% | 1.6% | 2.4% +94.8% | 5.1% -3.1% | 4.8% +91.6% | 4.2% +159.1% | Strengthening |
| Line item | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | TTM |
|---|---|---|---|---|---|---|---|---|---|
| AssetsCash & Equivalents | $36.71M | $71.35M | $462.89M | $370.49M | $391.88M | $292.00M | $237.03M | $230.91M | $191.48M |
| Short-Term Investments | — | — | — | — | — | — | — | — | — |
| Total Current Assets | $41.83M | $74.29M | $467.79M | $378.96M | $403.33M | $386.59M | $305.98M | $241.45M | $197.16M |
| Net PP&E | $1.98M | $7.48M | $8.56M | $11.26M | $44.96M | $40.93M | $36.20M | $27.82M | $25.12M |
| Goodwill | — | — | — | — | — | — | — | — | — |
| Intangibles | — | — | — | — | — | — | — | — | — |
| Total Assets | $44.20M | $82.14M | $476.46M | $392.81M | $450.39M | $429.40M | $344.07M | $271.15M | $224.31M |
| LiabilitiesTotal Current Liabilities | $12.58M | $21.32M | $49.52M | $99.54M | $126.98M | $81.99M | $65.49M | $36.38M | $33.54M |
| Short-Term Debt | — | — | $1.25M | $22.47M | $60.66M | — | — | — | — |
| Long-Term Debt | $9.91M | $14.99M | $13.85M | $40.63M | — | — | — | — | — |
| Long-Term Leases | — | $4.85M | $4.03M | $4.50M | $30.22M | $25.91M | $25.00M | $20.78M | $18.97M |
| Total Liabilities | $30.56M | $56.35M | $79.90M | $164.60M | $180.07M | $150.89M | $103.09M | $57.16M | $52.50M |
| EquityCommon Stock & APIC | $214.0K | $15.0K | $26.0K | $26.0K | $27.0K | $27.0K | $27.0K | $28.0K | $28.0K |
| Retained Earnings | -$44.87M | -$71.67M | -$143.82M | -$347.49M | -$338.14M | -$367.87M | -$448.81M | -$514.59M | -$565.34M |
| Total Equity | $13.64M | $25.79M | $396.55M | $228.21M | $270.31M | $278.51M | $240.98M | $213.99M | $171.81M |
| HighlightsNet Cash / (Debt) | — | — | $447.80M | $307.38M | — | — | — | — | — |
| Line item | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | TTM |
|---|---|---|---|---|---|---|---|---|---|
| ActivitiesCash from Operating | -$20.76M | -$6.45M | -$42.86M | -$135.04M | $31.99M | -$18.10M | -$59.75M | -$74.27M | -$72.73M |
| Cash from Investing | $22.13M | -$818.0K | -$1.74M | -$3.41M | -$7.73M | -$2.90M | -$648.0K | -$230.0K | -$41.0K |
| Cash from Financing | $10.20M | $41.91M | $436.14M | $48.02M | -$2.86M | -$24.09M | $5.42M | $13.38M | $12.93M |
| SummaryCapital Expenditure | -$1.48M | -$818.0K | -$1.74M | -$3.41M | -$7.73M | -$2.90M | -$648.0K | -$230.0K | -$93.0K |
| Free Cash Flow | -$22.24M | -$7.26M | -$44.60M | -$138.45M | $24.27M | -$21.00M | -$60.40M | -$74.50M | -$72.82M |
| FCF Margin | -141.2% | -34.9% | -467.6% | -1120.2% | 11.8% | -12.6% | -39.7% | -90.8% | -248.0% |