| Metric | Q3 FY24 | Q4 FY24 | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Trend |
|---|---|---|---|---|---|---|---|---|---|
| EarningsRevenue | $6.05M | $7.73M | $7.60M | $10.25M | $11.57M +91.2% | $12.75M +64.9% | $12.31M +62.0% | $14.31M +39.5% | Strengthening |
| Operating Profit | -$46.86M | -$45.38M | -$45.44M | -$45.49M | -$44.33M +5.4% | -$45.88M -1.1% | -$36.15M +20.4% | -$32.33M +28.9% | Strengthening |
| Net Profit | -$10.75M | -$50.70M | -$56.57M | $297.77M | -$35.53M -230.5% | -$37.64M +25.7% | -$38.33M +32.2% | -$20.63M -106.9% | Weakening |
| EPS | $-0.09 | — | $-0.49 | $2.57 | $-0.31 -244.4% | — | $-0.28 +42.9% | $-0.13 -105.1% | Weakening |
| Other Income | — | — | — | — | — | — | — | — | — |
| Interest | $2.83M | $727.0K | $2.15M | $2.28M | $2.33M -17.8% | $2.25M +209.4% | $2.19M +1.7% | $2.32M +2.0% | Strengthening |
| Depreciation | — | — | — | — | — | — | — | — | — |
| Profit before Tax | -$47.60M | -$44.91M | -$47.40M | -$44.86M | -$44.52M +6.5% | -$46.35M -3.2% | -$36.94M +22.1% | -$33.35M +25.7% | Strengthening |
| MarginsOPM | -774.2% | -586.9% | -597.9% | -443.6% | -383.1% +50.5% | -359.9% +38.7% | -293.7% +50.9% | -226.0% +49.1% | Strengthening |
| Tax | — | — | — | — | — | — | — | — | — |
| ReturnsROIC | 0.7% | 3.5% | 3.9% | -20.3% | 2.4% +230.5% | 2.6% -25.7% | 2.6% -32.2% | 1.4% | Weakening |
| Line item | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | TTM |
|---|---|---|---|---|---|---|---|---|---|
| AssetsCash & Equivalents | $72.36M | $177.67M | $541.16M | $417.19M | $63.55M | $102.89M | $125.99M | $88.88M | $82.92M |
| Short-Term Investments | $0 | $0 | — | — | $128.13M | $14.86M | — | $83.25M | $22.38M |
| Total Current Assets | $84.43M | $343.01M | $767.48M | $602.32M | $381.23M | $475.63M | $341.58M | $206.71M | $133.79M |
| Net PP&E | $6.66M | $16.49M | $20.06M | $16.01M | $14.44M | $11.03M | $7.09M | $4.30M | $865.0K |
| Goodwill | $943.0K | $943.0K | $943.0K | $900.0K | $943.0K | $943.0K | — | — | — |
| Intangibles | $2.62M | $2.62M | $2.62M | $3.56M | $5.93M | $71.67M | $24.79M | $20.00M | $18.75M |
| Total Assets | $99.47M | $408.93M | $841.65M | $679.33M | $480.85M | $629.60M | $448.53M | $258.34M | $191.18M |
| LiabilitiesTotal Current Liabilities | $33.26M | $114.97M | $145.65M | $165.33M | $138.69M | $331.77M | $282.98M | $140.39M | $75.51M |
| Short-Term Debt | — | — | — | — | — | — | — | — | — |
| Long-Term Debt | $0 | $73.66M | — | — | — | — | — | — | — |
| Long-Term Leases | $0 | $10.26M | $9.07M | $6.75M | $3.63M | $4.98M | $3.29M | $1.46M | $459.0K |
| Total Liabilities | $138.06M | $303.71M | $560.67M | $581.61M | $618.26M | $823.03M | $580.52M | $197.33M | $130.34M |
| EquityCommon Stock & APIC | $7.0K | $7.0K | $7.0K | $7.0K | $8.0K | $11.0K | $12.0K | $12.0K | $15.0K |
| Retained Earnings | -$984.83M | -$895.00M | -$762.75M | -$1.05B | -$1.34B | -$1.58B | -$1.55B | -$1.38B | -$1.44B |
| Total Equity | -$38.59M | $105.21M | $280.97M | $97.73M | -$137.42M | -$193.43M | -$131.99M | $61.01M | $60.84M |
| HighlightsNet Cash / (Debt) | — | — | — | — | — | — | — | — | — |
| Line item | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | TTM |
|---|---|---|---|---|---|---|---|---|---|
| ActivitiesCash from Operating | -$159.27M | $28.36M | $154.15M | -$37.43M | -$241.12M | -$174.88M | -$20.44M | -$138.51M | -$186.03M |
| Cash from Investing | -$1.19M | -$12.73M | -$14.40M | -$138.41M | -$166.85M | $144.64M | $230.32M | $375.09M | -$9.78M |
| Cash from Financing | $105.42M | $89.37M | $223.95M | $51.88M | $54.33M | $69.60M | -$186.97M | -$273.70M | $61.82M |
| SummaryCapital Expenditure | -$789.0K | -$1.82M | -$7.23M | -$1.29M | -$2.04M | -$286.0K | — | — | — |
| Free Cash Flow | -$160.06M | $26.53M | $146.91M | -$38.72M | -$243.16M | -$175.17M | — | — | — |
| FCF Margin | — | 7.5% | 30.9% | -11.9% | -115.2% | -68.1% | — | — | — |