| Metric | Q3 FY24 | Q4 FY24 | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Trend |
|---|---|---|---|---|---|---|---|---|---|
| EarningsRevenue | — | — | — | — | — | — | — | — | — |
| Operating Profit | -$40.83M | -$39.90M | -$52.60M | -$53.88M | -$51.90M -27.1% | -$67.01M -68.0% | -$66.32M -26.1% | -$37.23M +30.9% | Weakening |
| Net Profit | -$35.79M | -$40.70M | -$48.78M | -$64.69M | -$46.87M -31.0% | -$63.92M -57.1% | -$68.81M -41.1% | -$34.23M +47.1% | Weakening |
| EPS | $-0.12 | — | $-0.16 | $-0.21 | $-0.14 -16.7% | — | $-0.20 -25.0% | $-0.10 +52.4% | Strengthening |
| Other Income | — | — | — | — | — | — | — | — | — |
| Interest | $835.0K | $1.80M | $2.23M | $2.39M | $2.67M +219.9% | $2.85M +58.1% | $4.62M +106.8% | $5.23M +118.9% | Strengthening |
| Depreciation | — | — | — | — | — | — | — | — | — |
| Profit before Tax | -$35.36M | -$41.63M | -$49.34M | -$64.25M | -$45.64M -29.1% | -$64.01M -53.8% | -$68.72M -39.3% | -$37.10M +42.3% | Weakening |
| MarginsOPM | — | — | — | — | — | — | — | — | — |
| Tax | -1.2% | 2.3% | 1.1% | -0.7% | -2.7% -121.5% | 0.1% -93.3% | -0.1% -112.4% | 7.7% | Weakening |
| ReturnsROIC | 4.4% | 5.0% | 6.0% | 8.0% | 5.8% +31.0% | 7.9% +57.1% | 8.5% +41.1% | 4.2% -47.1% | Strengthening |
| Line item | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | TTM |
|---|---|---|---|---|---|---|---|
| AssetsCash & Equivalents | $1.97M | $14.38M | $49.15M | $46.88M | $56.37M | $103.23M | $52.21M |
| Short-Term Investments | — | — | — | — | — | — | — |
| Total Current Assets | $2.28M | $20.87M | $312.21M | $242.22M | $312.81M | $410.87M | $421.18M |
| Net PP&E | — | $0 | $669.0K | $1.05M | $1.71M | $10.87M | $13.87M |
| Goodwill | — | — | — | — | — | — | — |
| Intangibles | — | — | — | — | — | — | — |
| Total Assets | $234.58M | $21.57M | $312.88M | $245.34M | $318.24M | $434.88M | $457.73M |
| LiabilitiesTotal Current Liabilities | $352.1K | $10.17M | $24.93M | $51.99M | $59.34M | $124.77M | $121.18M |
| Short-Term Debt | — | — | — | — | $0 | $3.37M | $5.74M |
| Long-Term Debt | — | — | $0 | $25.76M | $132.01M | $176.41M | $303.14M |
| Long-Term Leases | — | — | — | — | — | — | — |
| Total Liabilities | $48.46M | $10.87M | $25.95M | $80.29M | $194.32M | $311.12M | $434.90M |
| EquityCommon Stock & APIC | — | $220.0K | $269.0K | $269.0K | $298.0K | $348.0K | $348.0K |
| Retained Earnings | -$46.18M | -$42.98M | -$217.01M | -$344.67M | -$482.83M | -$707.09M | -$810.13M |
| Total Equity | -$1.01M | $10.70M | $286.92M | $165.05M | $123.92M | $123.76M | $22.83M |
| HighlightsNet Cash / (Debt) | — | — | — | — | -$75.64M | -$76.55M | -$256.67M |
| Line item | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | TTM |
|---|---|---|---|---|---|---|---|
| ActivitiesCash from Operating | -$9.03M | -$14.89M | -$59.46M | -$94.51M | -$135.97M | -$160.43M | -$195.24M |
| Cash from Investing | $0 | $0 | -$258.48M | $66.83M | -$56.22M | -$46.73M | -$153.69M |
| Cash from Financing | $9.03M | $29.26M | $352.70M | $24.93M | $203.02M | $263.12M | $368.80M |
| SummaryCapital Expenditure | $0 | $0 | -$476.0K | -$168.0K | -$5.22M | -$12.55M | -$12.48M |
| Free Cash Flow | -$9.03M | -$14.89M | -$59.93M | -$94.68M | -$141.18M | -$172.99M | -$207.72M |
| FCF Margin | — | — | — | — | — | — | — |