| Metric | Q3 FY24 | Q4 FY24 | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Trend |
|---|---|---|---|---|---|---|---|---|---|
| EarningsRevenue | $359.0K | $2.85M | $599.0K | $2.36M | $214.0K -40.4% | -$1.59M -155.7% | $128.0K -78.6% | $73.0K -96.9% | Weakening |
| Operating Profit | -$23.68M | -$23.50M | -$18.15M | -$11.56M | -$9.81M +58.6% | -$17.89M +23.8% | -$13.78M +24.1% | -$15.13M -31.0% | Strengthening |
| Net Profit | -$22.49M | -$23.48M | -$18.03M | -$11.06M | -$10.38M +53.9% | -$23.98M -2.1% | -$15.92M +11.7% | -$15.55M -40.7% | Weakening |
| EPS | $-1.90 | — | $-1.50 | $-0.90 | $-0.73 +61.6% | — | $-0.54 +64.0% | $-0.46 +48.9% | Strengthening |
| Other Income | $1.19M | $18.0K | $120.0K | $501.0K | -$564.0K -147.4% | -$6.09M -33933.3% | -$2.14M -1885.0% | -$419.0K -183.6% | Weakening |
| Interest | — | — | — | — | — | — | — | — | — |
| Depreciation | — | — | — | — | — | — | — | — | — |
| Profit before Tax | — | — | — | — | — | — | — | — | — |
| MarginsOPM | -6596.7% | -824.5% | -3029.4% | -490.1% | -4584.6% +30.5% | 1126.8% | -10765.6% -255.4% | -20731.5% -4129.9% | Weakening |
| Tax | — | — | — | — | — | — | — | — | — |
| ReturnsROIC | 2.6% | 2.7% | 2.1% | 1.3% | 1.2% -53.9% | 2.7% +2.1% | 1.8% -11.7% | 1.8% +40.7% | Strengthening |
| Line item | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | TTM |
|---|---|---|---|---|---|---|---|
| AssetsCash & Equivalents | $4.90M | $238.94M | $34.77M | $20.16M | $13.34M | $14.48M | $10.85M |
| Short-Term Investments | — | — | — | — | — | — | — |
| Total Current Assets | $6.86M | $245.52M | $151.64M | $118.10M | $43.36M | $26.25M | $13.59M |
| Net PP&E | $1.84M | $4.50M | $20.97M | $18.43M | $22.09M | $20.99M | $14.70M |
| Goodwill | — | — | — | — | — | — | — |
| Intangibles | — | — | $0 | $4.92M | $4.66M | $2.68M | $2.55M |
| Total Assets | $9.02M | $250.20M | $173.55M | $143.23M | $71.81M | $51.17M | $32.48M |
| LiabilitiesTotal Current Liabilities | $8.39M | $13.62M | $27.99M | $19.77M | $27.60M | $25.29M | $20.00M |
| Short-Term Debt | $5.68M | $1.90M | $1.60M | $0 | — | — | — |
| Long-Term Debt | $19.0K | $1.87M | $315.0K | $0 | — | — | — |
| Long-Term Leases | — | $0 | $2.54M | $957.0K | $0 | $2.06M | $1.06M |
| Total Liabilities | $36.91M | $45.04M | $36.58M | $39.88M | $42.93M | $42.55M | $35.16M |
| EquityCommon Stock & APIC | $6.0K | $16.0K | $16.0K | $1.0K | $1.0K | $2.0K | $3.0K |
| Retained Earnings | -$63.49M | -$540.61M | -$618.58M | -$696.16M | -$782.38M | -$845.82M | -$877.29M |
| Total Equity | -$27.89M | $205.16M | $136.97M | $103.36M | $28.88M | $8.62M | -$2.69M |
| HighlightsNet Cash / (Debt) | -$796.0K | $235.17M | $32.85M | $20.16M | — | — | — |
| Line item | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | TTM |
|---|---|---|---|---|---|---|---|
| ActivitiesCash from Operating | -$16.64M | -$51.85M | -$81.62M | -$54.90M | -$72.22M | -$50.28M | -$42.09M |
| Cash from Investing | -$502.0K | -$2.77M | -$117.88M | $15.07M | $64.76M | $7.53M | -$3.17M |
| Cash from Financing | $4.72M | $288.45M | -$4.07M | $25.65M | $174.0K | $43.46M | $55.51M |
| SummaryCapital Expenditure | -$502.0K | -$2.77M | -$14.18M | -$5.79M | -$7.29M | -$3.39M | -$3.33M |
| Free Cash Flow | -$17.15M | -$54.62M | -$95.80M | -$60.69M | -$79.51M | -$53.67M | -$45.42M |
| FCF Margin | — | — | -10715.9% | -804.9% | -1263.1% | -3390.5% | 3871.9% |