| Metric | Q3 FY24 | Q4 FY24 | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Trend |
|---|---|---|---|---|---|---|---|---|---|
| EarningsRevenue | $28.27M | — | $39.60M | $49.04M | $47.23M +67.1% | — | $51.84M +30.9% | $57.48M +17.2% | Strengthening |
| Operating Profit | -$28.21M | -$20.05M | -$16.70M | -$12.45M | -$13.89M +50.8% | -$25.54M -27.4% | $158.0K | -$12.50M -0.3% | Weakening |
| Net Profit | -$26.45M | -$25.35M | -$19.84M | -$16.38M | -$18.43M +30.3% | -$28.86M -13.8% | -$3.64M +81.6% | -$16.68M -1.9% | Strengthening |
| EPS | $-0.04 | — | $-0.03 | $-0.02 | $-0.03 +25.0% | — | $-0.01 +66.7% | $-0.02 +0.0% | Strengthening |
| Other Income | — | — | — | — | — | — | — | — | — |
| Interest | $3.05M | $8.71M | $8.20M | $8.52M | $8.64M +183.8% | $7.30M -16.2% | $7.15M -12.8% | $7.15M -16.1% | Weakening |
| Depreciation | — | — | — | — | — | — | — | — | — |
| Profit before Tax | — | — | — | — | — | — | — | — | — |
| MarginsOPM | -99.8% | — | -42.2% | -25.4% | -29.4% +70.5% | — | 0.3% | -21.7% +14.4% | Strengthening |
| Tax | — | — | — | — | — | — | — | — | — |
| ReturnsROIC | 1.4% | 1.4% | 1.1% | 0.9% | 1.0% -30.3% | 1.5% +13.8% | 0.2% -81.6% | 0.9% +1.9% | Weakening |
| Line item | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | TTM |
|---|---|---|---|---|---|---|---|---|---|
| AssetsCash & Equivalents | $10.57M | $13.64M | $9.93M | $34.87M | $56.84M | $70.02M | $79.02M | $77.56M | $62.64M |
| Short-Term Investments | — | — | — | — | — | — | — | — | — |
| Total Current Assets | $166.06M | $141.61M | $199.86M | $187.21M | $180.25M | $341.35M | $490.99M | $520.27M | $486.34M |
| Net PP&E | $59.0K | $2.90M | $5.95M | $5.38M | $4.94M | $4.73M | $4.19M | $3.04M | $2.85M |
| Goodwill | — | — | — | — | — | — | — | — | — |
| Intangibles | — | — | — | — | — | — | — | — | — |
| Total Assets | $185.28M | $165.52M | $270.73M | $226.03M | $190.57M | $394.08M | $593.78M | $570.54M | $519.01M |
| LiabilitiesTotal Current Liabilities | $7.55M | $28.16M | $30.94M | $45.52M | $76.69M | $108.07M | $88.30M | $111.54M | $70.33M |
| Short-Term Debt | — | — | — | — | $20.95M | $46.89M | $0 | — | — |
| Long-Term Debt | — | — | $24.04M | $49.83M | $30.21M | $35.05M | $118.48M | $119.55M | $120.13M |
| Long-Term Leases | — | $2.20M | $4.80M | $4.27M | $3.67M | $3.01M | $2.27M | $1.45M | $1.00M |
| Total Liabilities | $7.55M | $30.36M | $59.78M | $99.62M | $110.58M | $146.13M | $313.46M | $344.67M | $300.39M |
| EquityCommon Stock & APIC | $186.0K | $200.0K | $310.0K | $324.0K | $390.0K | $545.0K | $606.0K | $640.0K | $642.0K |
| Retained Earnings | -$1.01B | -$1.08B | -$1.16B | -$1.27B | -$1.41B | -$1.60B | -$1.77B | -$1.86B | -$1.88B |
| Total Equity | $177.73M | $135.16M | $210.95M | $126.42M | $80.00M | $247.95M | $280.32M | $225.87M | $218.61M |
| HighlightsNet Cash / (Debt) | — | — | — | — | $5.69M | -$11.92M | -$39.46M | — | — |
| Line item | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | TTM |
|---|---|---|---|---|---|---|---|---|---|
| ActivitiesCash from Operating | -$21.01M | -$43.83M | -$66.65M | -$95.56M | -$127.38M | -$167.74M | -$218.62M | -$111.04M | -$114.38M |
| Cash from Investing | -$77.72M | $27.40M | -$105.32M | $71.95M | $62.07M | -$180.32M | -$106.00M | $107.25M | $94.64M |
| Cash from Financing | $92.97M | $19.50M | $168.35M | $48.56M | $87.26M | $362.02M | $334.37M | $2.27M | $4.73M |
| SummaryCapital Expenditure | -$16.0K | -$413.0K | -$401.0K | -$207.0K | -$431.0K | -$830.0K | -$680.0K | — | — |
| Free Cash Flow | -$21.02M | -$44.24M | -$67.05M | -$95.76M | -$127.81M | -$168.57M | -$219.30M | — | — |
| FCF Margin | -1972.3% | -9617.8% | -26503.2% | -6874.6% | -21444.6% | -71127.8% | — | — | — |