| Metric | Q3 FY24 | Q4 FY24 | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Trend |
|---|---|---|---|---|---|---|---|---|---|
| EarningsRevenue | — | — | — | — | — | — | — | — | — |
| Operating Profit | -$7.25M | -$8.11M | -$9.92M | -$10.26M | -$10.57M -45.7% | -$12.22M -50.7% | -$14.88M -49.9% | -$19.30M -88.1% | Weakening |
| Net Profit | -$40.22M | -$12.11M | $15.19M | -$8.00M | -$10.16M +74.7% | -$12.32M -1.7% | -$13.69M -190.1% | -$17.96M -124.5% | Weakening |
| EPS | $-0.60 | — | $0.21 | $-0.10 | $-0.12 +80.0% | — | $-0.15 -171.4% | $-0.19 -90.0% | Weakening |
| Other Income | -$32.96M | — | $25.11M | $2.26M | $415.0K | — | $1.19M -95.3% | — | Weakening |
| Interest | — | — | — | — | — | — | — | — | — |
| Depreciation | — | — | — | — | — | — | — | — | — |
| Profit before Tax | -$39.53M | -$9.94M | $15.73M | -$7.61M | -$9.83M +75.1% | -$11.61M -16.9% | -$13.09M -183.2% | -$17.25M -126.7% | Weakening |
| MarginsOPM | — | — | — | — | — | — | — | — | — |
| Tax | — | — | 0.0% | — | — | — | 0.0% | — | — |
| ReturnsROIC | 9.1% | 2.7% | -3.4% | 1.8% | 2.3% -74.7% | 2.8% +1.7% | 3.1% | 4.0% +124.5% | Strengthening |
| Line item | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | TTM |
|---|---|---|---|---|---|---|---|---|---|
| AssetsCash & Equivalents | $39.20M | $5.15M | $16.45M | $63.46M | $13.16M | $12.62M | $8.74M | $4.58M | $18.91M |
| Short-Term Investments | — | — | — | — | — | — | — | — | — |
| Total Current Assets | $115.59M | $79.34M | $45.34M | $71.31M | $43.66M | $27.96M | $54.41M | $58.21M | $220.97M |
| Net PP&E | $2.18M | $3.79M | $2.55M | $3.64M | $2.57M | $1.39M | $1.33M | $1.06M | $1.49M |
| Goodwill | — | — | — | — | — | — | — | — | — |
| Intangibles | — | — | — | — | — | — | — | — | — |
| Total Assets | $118.23M | $83.65M | $85.53M | $109.45M | $68.24M | $45.55M | $68.91M | $71.12M | $239.27M |
| LiabilitiesTotal Current Liabilities | $7.03M | $10.22M | $12.15M | $9.69M | $10.75M | $6.87M | $35.40M | $9.38M | $13.67M |
| Short-Term Debt | — | — | — | — | — | — | — | — | — |
| Long-Term Debt | — | — | — | — | — | — | — | — | — |
| Long-Term Leases | — | $2.31M | $1.23M | $2.60M | $1.37M | — | $937.0K | $534.0K | $274.0K |
| Total Liabilities | $7.90M | $12.54M | $13.38M | $12.29M | $12.13M | $6.87M | $36.34M | $9.91M | $13.95M |
| EquityCommon Stock & APIC | $3.0K | $3.0K | $3.0K | $5.0K | $5.0K | $5.0K | $7.0K | $7.0K | $8.0K |
| Retained Earnings | -$170.47M | -$217.15M | -$223.14M | -$266.38M | -$307.69M | -$334.72M | -$397.01M | -$412.29M | -$443.94M |
| Total Equity | $110.34M | $71.11M | $72.15M | $97.16M | $56.12M | $38.68M | $32.57M | $61.20M | $225.33M |
| HighlightsNet Cash / (Debt) | — | — | — | — | — | — | — | — | — |
| Line item | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | TTM |
|---|---|---|---|---|---|---|---|---|---|
| ActivitiesCash from Operating | -$40.99M | -$37.32M | -$34.78M | -$36.72M | -$27.02M | -$23.93M | -$25.42M | -$32.80M | -$44.53M |
| Cash from Investing | -$30.19M | $3.25M | $44.77M | $21.56M | -$23.28M | $15.54M | -$27.48M | -$7.80M | -$142.55M |
| Cash from Financing | $65.27M | $24.0K | $1.31M | $62.16M | $0 | $7.86M | $49.03M | $36.43M | $191.29M |
| SummaryCapital Expenditure | -$355.0K | -$25.0K | -$76.0K | -$5.0K | -$269.0K | -$34.0K | — | -$174.0K | -$698.0K |
| Free Cash Flow | -$41.34M | -$37.35M | -$34.85M | -$36.72M | -$27.29M | -$23.97M | — | -$32.97M | -$45.23M |
| FCF Margin | — | — | — | — | — | — | — | — | — |