| Metric | Q3 FY24 | Q4 FY24 | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Trend |
|---|---|---|---|---|---|---|---|---|---|
| EarningsRevenue | $27.36M | $29.10M | $32.01M | $32.54M | $42.85M +56.6% | $38.50M +32.3% | $46.33M +44.7% | $43.75M +34.4% | Strengthening |
| Operating Profit | -$19.15M | -$18.88M | -$14.39M | -$17.49M | -$8.60M +55.1% | -$7.99M +57.7% | -$8.47M +41.1% | -$10.55M +39.7% | Strengthening |
| Net Profit | -$30.44M | -$15.72M | -$1.69M | -$40.53M | -$1.80M +94.1% | $10.88M | -$5.01M -196.6% | -$9.30M +77.1% | Weakening |
| EPS | $-0.19 | — | $-0.01 | $-0.25 | $-0.01 +94.7% | — | $-0.03 -200.0% | $-0.05 +80.0% | Weakening |
| Other Income | -$11.29M | $3.16M | $12.76M | -$23.04M | $6.80M | $18.87M +497.4% | $3.43M -73.2% | $1.25M | Strengthening |
| Interest | $0 | $0 | $1.0K | $0 | $713.0K | $1.02M | $962.0K +96100.0% | $965.0K | Strengthening |
| Depreciation | — | — | — | — | — | — | — | — | — |
| Profit before Tax | -$30.44M | -$15.72M | -$1.63M | -$40.54M | -$1.80M +94.1% | $10.88M | -$5.05M -210.3% | -$9.30M +77.1% | Weakening |
| MarginsOPM | -70.0% | -64.9% | -45.0% | -53.8% | -20.1% +71.3% | -20.7% +68.0% | -18.3% +59.3% | -24.1% +55.1% | Strengthening |
| Tax | 0.0% | 0.0% | -3.9% | 0.0% | 0.0% | 0.0% | 0.7% | 0.0% | — |
| ReturnsROIC | 7.6% | 3.9% | 0.4% | 10.1% | 0.4% -94.1% | -2.7% -169.2% | 1.2% +196.6% | 2.3% -77.1% | Weakening |
| Line item | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | TTM |
|---|---|---|---|---|---|---|---|
| AssetsCash & Equivalents | $4.70M | $307.49M | $229.78M | $67.16M | $37.02M | $49.15M | $52.70M |
| Short-Term Investments | — | — | $0 | $51.29M | $14.93M | — | — |
| Total Current Assets | $9.79M | $331.12M | $288.70M | $173.36M | $121.45M | $151.30M | $149.41M |
| Net PP&E | $10.07M | $23.78M | $46.39M | $114.36M | $137.65M | $139.82M | $140.39M |
| Goodwill | — | — | — | — | — | — | — |
| Intangibles | — | — | — | — | — | — | — |
| Total Assets | $21.77M | $362.86M | $344.25M | $297.13M | $268.06M | $304.41M | $302.02M |
| LiabilitiesTotal Current Liabilities | $12.65M | $24.33M | $58.88M | $81.30M | $96.71M | $122.98M | $126.85M |
| Short-Term Debt | — | $2.00M | $10.00M | $0 | $0 | $0 | $0 |
| Long-Term Debt | $16.43M | $7.95M | $19.68M | $0 | $0 | $28.60M | $28.74M |
| Long-Term Leases | — | $0 | $892.0K | $0 | $12.33M | $10.65M | $9.71M |
| Total Liabilities | $30.69M | $72.58M | $117.63M | $152.99M | $150.41M | $184.99M | $183.16M |
| EquityCommon Stock & APIC | $75.88M | $14.0K | $15.0K | $15.0K | $16.0K | $18.0K | $18.0K |
| Retained Earnings | -$94.92M | -$105.80M | -$192.60M | -$300.65M | -$354.66M | -$387.80M | -$402.11M |
| Total Equity | -$84.81M | $290.27M | $226.62M | $144.14M | $117.65M | $119.42M | $118.86M |
| HighlightsNet Cash / (Debt) | — | $297.55M | $200.10M | $118.45M | $51.94M | $20.55M | $23.96M |
| Line item | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | TTM |
|---|---|---|---|---|---|---|---|
| ActivitiesCash from Operating | -$23.60M | -$56.78M | -$74.74M | -$9.80M | -$30.85M | $18.67M | $27.82M |
| Cash from Investing | -$6.26M | -$17.59M | -$23.87M | -$123.11M | -$1.40M | -$41.83M | -$43.25M |
| Cash from Financing | $17.23M | $377.83M | $20.51M | -$29.66M | $1.81M | $35.40M | $31.87M |
| SummaryCapital Expenditure | -$6.26M | -$16.56M | — | — | — | — | — |
| Free Cash Flow | -$29.86M | -$73.34M | — | — | — | — | — |
| FCF Margin | — | -313.5% | — | — | — | — | — |