| Metric | Q3 FY24 | Q4 FY24 | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Trend |
|---|---|---|---|---|---|---|---|---|---|
| EarningsRevenue | $1.67M | $1.21M | $1.03M | $933.0K | $615.0K -63.1% | $1.06M -12.8% | $1.68M +62.6% | $994.0K +6.5% | Strengthening |
| Operating Profit | -$200.44M | -$18.02M | -$41.57M | -$17.95M | -$15.44M +92.3% | -$22.57M -25.2% | -$12.12M +70.8% | -$12.93M +28.0% | Strengthening |
| Net Profit | -$179.97M | -$23.10M | -$46.89M | -$25.37M | -$23.54M +86.9% | -$31.29M -35.4% | -$21.22M +54.7% | -$22.14M +12.7% | Strengthening |
| EPS | $-7.63 | — | $-1.34 | $-0.61 | $-0.44 +94.2% | — | $-0.33 +75.4% | $-0.29 +52.5% | Strengthening |
| Other Income | — | — | — | — | — | — | — | — | — |
| Interest | — | — | — | — | — | — | — | — | — |
| Depreciation | — | — | — | — | — | — | — | — | — |
| Profit before Tax | -$201.45M | -$25.80M | -$49.39M | -$26.53M | -$24.31M +87.9% | -$31.94M -23.8% | -$21.21M +57.0% | -$22.14M +16.6% | Strengthening |
| MarginsOPM | -12023.8% | -1487.1% | -4020.4% | -1923.5% | -2510.2% +79.1% | -2135.7% -43.6% | -721.0% +82.1% | -1300.3% +32.4% | Strengthening |
| Tax | -0.0% | -0.0% | 0.0% | -0.1% | 0.0% | -0.0% +0.0% | -0.0% | -0.0% +70.0% | Strengthening |
| ReturnsROIC | 20.0% | 2.6% | 5.2% | 2.8% | 2.6% -86.9% | 3.5% +35.4% | 2.4% -54.7% | 2.5% -12.7% | Weakening |
| Line item | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | TTM |
|---|---|---|---|---|---|---|---|---|---|
| AssetsCash & Equivalents | $93.79M | $58.61M | $17.30M | $13.82M | $3.43M | $32.70M | $14.43M | $9.92M | $20.43M |
| Short-Term Investments | — | — | — | — | — | — | — | — | — |
| Total Current Assets | $95.52M | $63.52M | $39.59M | $15.18M | $4.13M | $35.22M | $16.95M | $12.07M | $23.46M |
| Net PP&E | $21.85M | $23.21M | $22.86M | $21.73M | $18.13M | $37.46M | $44.69M | $27.86M | $25.93M |
| Goodwill | — | — | — | — | $0 | $434.90M | $253.47M | $232.52M | $232.52M |
| Intangibles | — | — | — | — | $158.0K | $35.41M | $33.58M | $31.68M | $30.77M |
| Total Assets | $118.79M | $88.10M | $63.33M | $37.19M | $22.42M | $544.41M | $350.07M | $305.05M | $313.45M |
| LiabilitiesTotal Current Liabilities | $7.00M | $7.20M | $6.95M | $4.85M | $1.66M | $21.32M | $19.88M | $16.86M | $14.45M |
| Short-Term Debt | — | — | — | — | $0 | $833.0K | $436.0K | $435.0K | $812.0K |
| Long-Term Debt | — | — | $1.52M | $0 | $0 | $536.0K | $226.0K | $93.0K | $53.0K |
| Long-Term Leases | — | — | — | $0 | $13.45M | $17.02M | $31.22M | $29.78M | $29.02M |
| Total Liabilities | $25.39M | $25.59M | $26.45M | $23.06M | $15.19M | $206.12M | $252.24M | $283.22M | $298.64M |
| EquityCommon Stock & APIC | $3.0K | $3.0K | $4.0K | $4.0K | $5.0K | — | — | — | — |
| Retained Earnings | -$82.44M | -$122.06M | -$166.89M | -$196.09M | -$212.15M | -$479.78M | -$731.17M | -$858.25M | -$901.62M |
| Total Equity | $93.40M | $62.51M | $36.88M | $14.13M | $7.23M | $293.47M | $92.16M | $21.83M | $14.80M |
| HighlightsNet Cash / (Debt) | — | — | — | — | $3.43M | $31.33M | $13.77M | $9.39M | $19.56M |
| Line item | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | TTM |
|---|---|---|---|---|---|---|---|---|---|
| ActivitiesCash from Operating | -$20.20M | -$31.95M | -$43.67M | -$18.81M | -$19.36M | -$46.21M | -$58.04M | -$50.59M | -$46.05M |
| Cash from Investing | -$1.85M | -$2.97M | -$13.48M | $11.20M | -$1.52M | $55.06M | -$808.0K | -$578.0K | -$224.0K |
| Cash from Financing | $60.67M | -$330.0K | $15.41M | $3.74M | $9.99M | $20.32M | $40.60M | $46.65M | $30.25M |
| SummaryCapital Expenditure | -$1.85M | -$2.97M | -$1.79M | -$497.0K | -$1.52M | -$4.32M | -$808.0K | -$578.0K | -$267.0K |
| Free Cash Flow | -$22.05M | -$34.92M | -$45.46M | -$19.31M | -$20.88M | -$50.53M | -$58.85M | -$51.17M | -$46.32M |
| FCF Margin | -9342.8% | -478.6% | -190.6% | -74.3% | -13301.9% | -2781.0% | -1380.8% | -1406.1% | -1065.6% |