| Metric | Q3 FY24 | Q4 FY24 | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Trend |
|---|---|---|---|---|---|---|---|---|---|
| EarningsRevenue | $6.07M | $8.16M | $6.46M | $6.73M | $7.37M +21.3% | $7.95M -2.6% | $6.69M +3.6% | $8.17M +21.4% | Strengthening |
| Operating Profit | -$43.90M | -$11.94M | -$8.46M | -$7.80M | -$8.54M +80.6% | -$8.54M +28.5% | -$7.90M +6.7% | -$7.22M +7.5% | Strengthening |
| Net Profit | -$44.25M | -$20.13M | -$3.10M | -$6.86M | -$8.50M +80.8% | -$7.93M +60.6% | -$8.30M -167.7% | -$7.42M -8.3% | Weakening |
| EPS | $-30.92 | — | $-1.15 | $-1.99 | $-1.59 +94.9% | — | $-0.76 +33.9% | $-0.64 +67.8% | Strengthening |
| Other Income | -$321.0K | -$8.18M | $5.37M | $953.0K | $49.0K | $639.0K | -$396.0K -107.4% | -$198.0K -120.8% | Weakening |
| Interest | — | — | — | — | — | — | — | — | — |
| Depreciation | — | — | — | — | — | — | — | — | — |
| Profit before Tax | -$44.22M | -$20.12M | -$3.10M | -$6.85M | -$8.49M +80.8% | -$7.90M +60.8% | -$8.29M -167.9% | -$7.42M -8.3% | Weakening |
| MarginsOPM | -722.9% | -146.3% | -131.1% | -115.8% | -115.9% +84.0% | -107.4% +26.6% | -118.1% +9.9% | -88.3% +23.7% | Strengthening |
| Tax | -0.1% | 0.0% | -0.2% | -0.1% | -0.2% -220.0% | -0.5% | -0.1% +47.8% | -0.1% +40.0% | Strengthening |
| ReturnsROIC | 6.0% | 2.7% | 0.4% | 0.9% | 1.2% -80.8% | 1.1% -60.6% | 1.1% +167.7% | 1.0% +8.3% | Strengthening |
| Line item | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | TTM |
|---|---|---|---|---|---|---|---|---|---|
| AssetsCash & Equivalents | $16.52M | $17.31M | $38.45M | $24.57M | $5.09M | $17.95M | $9.17M | $2.99M | $3.73M |
| Short-Term Investments | — | — | — | — | — | — | — | — | — |
| Total Current Assets | $23.03M | $28.26M | $46.79M | $272.41M | $157.30M | $140.12M | $39.49M | $45.39M | $24.88M |
| Net PP&E | $1.78M | $1.95M | $4.91M | $17.01M | $25.25M | $28.98M | $21.02M | $18.06M | $15.95M |
| Goodwill | — | $0 | $7.17M | $56.16M | $77.29M | $0 | — | — | — |
| Intangibles | — | $0 | $1.48M | $26.84M | $41.14M | $33.97M | $9.71M | $4.34M | $1.67M |
| Total Assets | $24.80M | $30.21M | $60.45M | $377.10M | $307.50M | $214.40M | $76.67M | $73.58M | $47.59M |
| LiabilitiesTotal Current Liabilities | $4.52M | $26.37M | $8.95M | $21.84M | $35.88M | $100.03M | $37.34M | $22.94M | $10.04M |
| Short-Term Debt | $0 | $20.08M | $0 | — | — | — | — | — | — |
| Long-Term Debt | $9.03M | $0 | $16.32M | $0 | — | — | — | — | — |
| Long-Term Leases | — | — | $0 | $5.29M | $5.50M | $3.59M | $145.0K | $2.49M | $2.38M |
| Total Liabilities | $14.67M | $26.59M | $25.37M | $39.98M | $58.10M | $118.25M | $41.30M | $29.16M | $15.98M |
| EquityCommon Stock & APIC | $1.0K | $3.4K | $19.0K | $29.0K | $3.0K | $0 | $0 | $1.0K | $1.0K |
| Retained Earnings | -$72.76M | -$102.58M | -$143.68M | -$216.12M | -$348.71M | -$581.21M | -$693.23M | -$719.62M | -$735.35M |
| Total Equity | $10.14M | $3.61M | $35.08M | $337.12M | $249.40M | $96.16M | $35.38M | $44.42M | $31.61M |
| HighlightsNet Cash / (Debt) | $7.49M | -$2.77M | $22.12M | — | — | — | — | — | — |
| Line item | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | TTM |
|---|---|---|---|---|---|---|---|---|---|
| ActivitiesCash from Operating | -$19.94M | -$29.53M | -$38.31M | -$71.93M | -$124.82M | -$125.18M | -$68.92M | -$16.34M | -$20.48M |
| Cash from Investing | -$331.7K | -$61.1K | -$2.45M | -$278.06M | $82.77M | $24.16M | $73.84M | -$12.75M | $18.48M |
| Cash from Financing | $35.78M | $30.38M | $61.90M | $336.11M | $23.01M | $113.81M | -$13.69M | $24.04M | $2.64M |
| SummaryCapital Expenditure | -$331.7K | -$61.1K | $0 | — | — | — | — | — | — |
| Free Cash Flow | -$20.28M | -$29.59M | -$38.31M | — | — | — | — | — | — |
| FCF Margin | -169.0% | -292.1% | -450.6% | — | — | — | — | — | — |