| Metric | Q3 FY24 | Q4 FY24 | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Trend |
|---|---|---|---|---|---|---|---|---|---|
| EarningsRevenue | $1.97M | $5.70M | $29.11M | $43.41M | $42.71M +2073.5% | $45.35M +695.6% | $42.95M +47.5% | $46.50M +7.1% | Strengthening |
| Operating Profit | -$24.01M | -$19.65M | -$20.14M | $5.80M | -$3.69M +84.6% | -$2.18M +88.9% | -$4.90M +75.7% | -$171.71M -3062.5% | Weakening |
| Net Profit | -$21.16M | -$17.61M | -$21.73M | $2.14M | -$7.95M +62.4% | -$6.30M +64.2% | -$21.70M +0.1% | -$176.94M -8352.8% | Weakening |
| EPS | $-0.09 | — | $-0.09 | $0.01 | $-0.03 +66.7% | — | $-0.09 +0.0% | $-0.75 -7600.0% | Weakening |
| Other Income | $2.85M | $2.04M | -$1.63M | -$3.07M | -$3.89M -236.3% | -$3.83M -287.8% | -$16.45M -906.9% | -$4.55M -48.5% | Weakening |
| Interest | $1.11M | $1.12M | $3.29M | $4.34M | $5.21M +370.4% | $4.71M +322.0% | $5.17M +57.0% | $5.63M +29.6% | Strengthening |
| Depreciation | — | — | — | — | — | — | — | — | — |
| Profit before Tax | — | — | — | — | — | — | — | — | — |
| MarginsOPM | -1221.8% | -344.7% | -69.2% | 13.3% | -8.6% +99.3% | -4.8% +98.6% | -11.4% +83.5% | -369.3% -2865.9% | Weakening |
| Tax | — | — | — | — | — | — | — | — | — |
| ReturnsROIC | 2.0% | 1.7% | 2.1% | -0.2% | 0.8% -62.4% | 0.6% -64.2% | 2.1% -0.1% | 17.1% | Weakening |
| Line item | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | TTM |
|---|---|---|---|---|---|---|---|---|---|
| AssetsCash & Equivalents | $33.73M | $16.30M | $78.34M | $40.83M | $237.13M | $298.35M | $189.39M | $81.16M | $58.15M |
| Short-Term Investments | — | — | $0 | $275.34M | $167.41M | — | — | — | — |
| Total Current Assets | $38.71M | $24.23M | $83.27M | $348.54M | $415.42M | $386.38M | $203.71M | $143.40M | $101.60M |
| Net PP&E | $67.46M | $66.70M | $66.54M | $140.16M | $186.50M | $212.89M | $222.71M | $355.54M | $240.79M |
| Goodwill | — | — | — | — | — | — | $3.74M | $43.56M | $43.56M |
| Intangibles | — | — | $114.0K | $8.94M | $7.69M | $6.52M | $8.13M | $95.00M | $71.59M |
| Total Assets | $107.03M | $93.36M | $152.10M | $645.38M | $700.75M | $650.32M | $583.94M | $718.93M | $490.71M |
| LiabilitiesTotal Current Liabilities | $5.29M | $20.09M | $4.93M | $29.09M | $25.44M | $91.43M | $24.36M | $78.58M | $37.64M |
| Short-Term Debt | — | — | $807.0K | $158.0K | $159.0K | $68.10M | $21.0K | $0 | $0 |
| Long-Term Debt | — | $749.0K | $447.0K | $66.80M | $67.38M | $21.0K | $67.11M | $164.75M | $167.24M |
| Long-Term Leases | — | — | $0 | $1.90M | $1.45M | $1.30M | $966.0K | $1.42M | $1.94M |
| Total Liabilities | $18.25M | $20.86M | $5.72M | $98.13M | $95.27M | $92.93M | $94.45M | $247.76M | $209.76M |
| EquityCommon Stock & APIC | $86.0K | $141.0K | $1.28M | $2.02M | $2.37M | $2.40M | — | — | — |
| Retained Earnings | -$429.33M | -$457.99M | -$498.17M | -$557.38M | -$655.38M | -$721.60M | -$800.24M | -$834.15M | -$1.03B |
| Total Equity | $88.79M | $72.50M | $146.38M | $547.25M | $605.48M | $557.39M | $489.49M | $466.34M | $273.16M |
| HighlightsNet Cash / (Debt) | — | — | $77.08M | $249.21M | $336.99M | $230.23M | $122.26M | -$83.59M | -$109.09M |
| Line item | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | TTM |
|---|---|---|---|---|---|---|---|---|---|
| ActivitiesCash from Operating | -$15.85M | -$20.84M | -$19.34M | -$48.27M | -$44.31M | -$53.72M | -$57.38M | -$13.40M | -$16.25M |
| Cash from Investing | -$2.23M | -$7.46M | -$5.91M | -$411.36M | $85.09M | $114.13M | -$51.82M | -$226.57M | -$38.66M |
| Cash from Financing | $40.27M | $10.86M | $87.28M | $517.32M | $138.56M | -$189.0K | -$7.36M | $97.88M | -$13.85M |
| SummaryCapital Expenditure | -$2.23M | -$6.50M | -$6.22M | -$56.77M | -$84.08M | -$54.45M | -$51.09M | -$30.11M | -$40.41M |
| Free Cash Flow | -$18.08M | -$27.34M | -$25.55M | -$105.04M | -$128.39M | -$108.17M | -$108.47M | -$43.51M | -$56.65M |
| FCF Margin | -55.0% | -111.6% | -461.6% | -14773.7% | -10926.6% | -628.9% | -641.3% | -27.1% | -31.9% |