| Metric | Q3 FY24 | Q4 FY24 | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Trend |
|---|---|---|---|---|---|---|---|---|---|
| EarningsRevenue | $2.61M | $1.78M | $496.0K | $1.18M | $430.0K -83.5% | $758.0K -57.5% | $1.92M +287.1% | $971.0K -17.9% | Strengthening |
| Operating Profit | -$5.91M | -$7.37M | -$7.74M | -$7.59M | -$9.25M -56.5% | -$11.95M -62.3% | -$6.13M +20.8% | -$7.42M +2.3% | Weakening |
| Net Profit | -$7.12M | -$4.97M | -$6.97M | -$13.54M | -$13.85M -94.5% | -$9.02M -81.4% | -$9.86M -41.6% | -$20.38M -50.5% | Weakening |
| EPS | $-0.16 | — | $-0.15 | $-0.26 | $-0.25 -56.3% | — | $-0.15 +0.0% | $-0.25 +3.8% | Stable |
| Other Income | — | — | — | — | — | — | — | — | — |
| Interest | $667.0K | $358.0K | $1.07M | $1.53M | $1.78M +167.3% | $1.64M +358.4% | $1.81M +69.1% | $1.21M -20.9% | Strengthening |
| Depreciation | — | — | — | — | — | — | — | — | — |
| Profit before Tax | -$7.06M | -$4.71M | -$6.86M | -$13.50M | -$13.67M -93.6% | -$8.44M -79.0% | -$9.74M -41.9% | -$20.27M -50.2% | Weakening |
| MarginsOPM | -226.5% | -412.7% | -1560.5% | -642.3% | -2152.1% -850.1% | -1577.0% -282.1% | -319.4% +79.5% | -763.6% -18.9% | Weakening |
| Tax | -0.9% | -5.5% | -1.5% | -0.3% | -1.3% -51.2% | -6.9% -25.6% | -1.3% +14.4% | -0.5% -82.8% | Weakening |
| ReturnsROIC | 1.1% | 0.8% | 1.1% | 2.1% | 2.2% +94.5% | 1.4% +81.4% | 1.6% +41.6% | 3.2% +50.5% | Strengthening |
| Line item | FY22 | FY23 | FY24 | FY25 | TTM |
|---|---|---|---|---|---|
| AssetsCash & Equivalents | $521.1K | $258.0K | $1.44M | $590.0K | $30.23M |
| Short-Term Investments | $351.92M | — | — | — | — |
| Total Current Assets | $852.6K | $13.01M | $17.59M | $11.88M | $46.67M |
| Net PP&E | — | $2.29M | $1.72M | $3.38M | $2.83M |
| Goodwill | — | — | — | — | — |
| Intangibles | — | $245.0K | $65.0K | $0 | — |
| Total Assets | $357.04M | $16.43M | $19.90M | $15.64M | $49.83M |
| LiabilitiesTotal Current Liabilities | $574.8K | $114.80M | $60.92M | $79.59M | $56.74M |
| Short-Term Debt | — | $72.30M | $37.63M | $56.59M | — |
| Long-Term Debt | — | $6.24M | $4.95M | $6.05M | $55.08M |
| Long-Term Leases | — | $850.0K | $177.0K | $41.0K | $31.0K |
| Total Liabilities | $15.46M | $131.87M | $79.21M | $98.94M | $101.85M |
| EquityCommon Stock & APIC | — | $3.0K | $5.0K | $6.0K | $9.0K |
| Retained Earnings | -$14.06M | -$549.65M | -$562.03M | -$605.40M | -$635.65M |
| Total Equity | -$94.93M | -$115.44M | -$59.31M | -$83.29M | -$52.02M |
| HighlightsNet Cash / (Debt) | — | -$78.28M | -$41.14M | -$62.05M | — |
| Line item | FY22 | FY23 | FY24 | FY25 | TTM |
|---|---|---|---|---|---|
| ActivitiesCash from Operating | -$1.52M | -$8.83M | -$30.96M | -$30.68M | -$38.07M |
| Cash from Investing | $822.7K | -$331.0K | -$542.0K | -$2.41M | -$2.59M |
| Cash from Financing | — | $8.15M | $36.47M | $32.25M | $70.11M |
| SummaryCapital Expenditure | — | -$331.0K | -$542.0K | -$2.41M | -$2.59M |
| Free Cash Flow | — | -$9.16M | -$31.50M | -$33.09M | -$40.66M |
| FCF Margin | — | -57.1% | -345.1% | -1154.4% | -996.8% |