| Metric | Q3 FY24 | Q4 FY24 | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Trend |
|---|---|---|---|---|---|---|---|---|---|
| EarningsRevenue | $25.19M | $30.18M | $20.72M | $28.67M | $27.03M +7.3% | $27.04M -10.4% | $20.78M +0.3% | $21.67M -24.4% | Weakening |
| Operating Profit | -$88.23M | -$76.83M | -$21.38M | -$29.56M | -$451.0K +99.5% | -$32.71M +57.4% | -$11.78M +44.9% | -$6.22M +78.9% | Strengthening |
| Net Profit | -$87.39M | -$76.70M | -$21.01M | -$29.31M | -$86.0K +99.9% | -$32.98M +57.0% | -$11.56M +45.0% | -$6.04M +79.4% | Strengthening |
| EPS | $-0.86 | — | $-0.21 | $-0.28 | $0.00 +100.0% | $-0.28 | $-0.08 +61.9% | $-0.04 +85.7% | Strengthening |
| Other Income | $819.0K | $619.0K | $401.0K | $345.0K | $159.0K -80.6% | $127.0K -79.5% | $242.0K -39.7% | $250.0K -27.5% | Weakening |
| Interest | — | — | — | — | — | — | — | — | — |
| Depreciation | — | — | — | — | — | — | — | — | — |
| Profit before Tax | -$87.41M | -$76.22M | -$20.98M | -$29.22M | -$46.0K +99.9% | -$32.83M +56.9% | -$11.53M +45.0% | -$5.97M +79.5% | Strengthening |
| MarginsOPM | -350.3% | -254.6% | -103.2% | -103.1% | -1.7% +99.5% | -121.0% +52.5% | -56.7% +45.1% | -28.7% +72.1% | Strengthening |
| Tax | 0.0% | -0.6% | -0.1% | -0.3% | -87.0% -434900.0% | -0.5% +25.4% | -0.3% -92.3% | -1.1% -224.2% | Weakening |
| ReturnsROIC | 10.4% | 9.1% | 2.5% | 3.5% | 0.0% -99.9% | 3.9% -57.0% | 1.4% -45.0% | 0.7% -79.4% | Weakening |
| Line item | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | TTM |
|---|---|---|---|---|---|---|---|---|---|
| AssetsCash & Equivalents | $15.54M | $4.17M | $22.34M | $174.79M | $36.56M | $98.72M | $41.77M | $39.57M | $34.00M |
| Short-Term Investments | $2.88M | $2.96M | — | — | — | $22.97M | $13.63M | — | — |
| Total Current Assets | $20.66M | $10.16M | $25.73M | $192.53M | $99.28M | $221.73M | $139.48M | $89.32M | $71.07M |
| Net PP&E | $638.7K | $1.61M | $6.25M | $16.23M | $30.04M | $44.86M | $46.59M | $49.02M | $43.43M |
| Goodwill | — | — | $1.50M | $19.39M | $203.85M | $144.88M | $17.90M | $1.74M | $1.74M |
| Intangibles | $280.0K | $107.4K | $46.0K | $3.46M | $26.58M | $16.30M | $10.39M | $6.63M | $4.76M |
| Total Assets | $21.65M | $11.95M | $33.99M | $231.91M | $362.54M | $428.52M | $215.03M | $147.45M | $122.34M |
| LiabilitiesTotal Current Liabilities | $5.24M | $4.37M | $6.14M | $16.23M | $50.32M | $69.70M | $59.47M | $63.47M | $60.81M |
| Short-Term Debt | — | — | — | — | — | — | — | — | — |
| Long-Term Debt | — | — | — | — | — | — | — | — | — |
| Long-Term Leases | $168.0K | $84.8K | $285.0K | $1.53M | $3.03M | $7.03M | $7.16M | $4.80M | $2.90M |
| Total Liabilities | $5.56M | $4.51M | $6.82M | $18.08M | $101.58M | $139.12M | $99.51M | $82.96M | $74.54M |
| EquityCommon Stock & APIC | $26.1K | $26.3K | $36.0K | $42.0K | $51.0K | $93.0K | $102.0K | $142.0K | $144.0K |
| Retained Earnings | -$159.86M | -$169.50M | -$187.35M | -$242.47M | -$334.03M | -$537.72M | -$739.04M | -$822.43M | -$840.03M |
| Total Equity | $16.09M | $7.43M | $27.16M | $213.83M | $260.96M | $289.40M | $118.70M | $64.49M | $47.79M |
| HighlightsNet Cash / (Debt) | — | — | — | — | — | — | — | — | — |
| Line item | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | TTM |
|---|---|---|---|---|---|---|---|---|---|
| ActivitiesCash from Operating | -$13.57M | -$10.77M | -$18.07M | -$40.57M | -$82.36M | -$97.57M | -$48.29M | -$30.86M | -$5.70M |
| Cash from Investing | -$2.77M | -$553.0K | $260.0K | -$30.45M | -$57.44M | -$36.21M | $5.28M | $8.54M | -$2.18M |
| Cash from Financing | $31.69M | -$52.0K | $36.06M | $223.27M | $6.39M | $197.31M | -$12.42M | $19.27M | $18.33M |
| SummaryCapital Expenditure | -$37.7K | -$553.0K | -$2.55M | -$7.07M | -$5.25M | -$7.55M | -$8.62M | -$9.71M | -$7.12M |
| Free Cash Flow | -$13.61M | -$11.32M | -$20.62M | -$47.63M | -$87.61M | -$105.12M | -$56.91M | -$40.56M | -$12.82M |
| FCF Margin | -506.5% | -413.5% | -330.9% | -227.5% | -143.3% | -74.8% | -45.1% | -39.2% | -13.3% |