| Metric | Q3 FY24 | Q4 FY24 | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Trend |
|---|---|---|---|---|---|---|---|---|---|
| EarningsRevenue | $115.0K | $1.49M | $2.14M | $518.0K | $260.0K +126.1% | $1.14M -23.4% | $32.0K -98.5% | $239.0K -53.9% | Weakening |
| Operating Profit | -$13.52M | -$33.63M | -$6.80M | -$9.84M | -$11.05M +18.3% | -$23.43M +30.3% | -$4.41M +35.1% | -$11.40M -15.9% | Strengthening |
| Net Profit | -$13.49M | -$33.51M | -$6.67M | -$9.74M | -$10.85M +19.6% | -$22.95M +31.5% | -$4.29M +35.7% | -$11.26M -15.6% | Strengthening |
| EPS | $-0.98 | — | $-0.26 | $-0.30 | $-0.34 +65.3% | — | $-0.12 +53.8% | $-0.31 -3.3% | Strengthening |
| Other Income | $22.0K | $116.0K | $128.0K | $100.0K | $194.0K +781.8% | $480.0K +313.8% | $123.0K -3.9% | $142.0K +42.0% | Strengthening |
| Interest | — | — | — | — | — | — | — | — | — |
| Depreciation | — | — | — | — | — | — | — | — | — |
| Profit before Tax | -$13.49M | -$33.51M | — | — | — | — | — | — | — |
| MarginsOPM | -11752.2% | -2262.9% | -318.0% | -1900.0% | -4249.2% +63.8% | -2057.5% +9.1% | -13790.6% -4236.5% | -4770.7% -151.1% | Weakening |
| Tax | 0.0% | 0.0% | — | — | — | — | — | — | — |
| ReturnsROIC | 63.2% | 156.8% | 31.2% | 45.6% | 50.8% -19.6% | 107.4% -31.5% | 20.1% -35.7% | 52.7% +15.6% | Weakening |
| Line item | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | TTM |
|---|---|---|---|---|---|---|---|---|---|
| AssetsCash & Equivalents | $8.03M | $22.07M | $7.14M | $32.95M | $19.99M | $9.43M | $8.64M | $11.58M | $17.76M |
| Short-Term Investments | — | — | — | — | — | — | — | — | — |
| Total Current Assets | $8.64M | $22.96M | $9.23M | $39.14M | $25.54M | $10.70M | $11.76M | $15.31M | $20.54M |
| Net PP&E | $614.0K | $6.46M | $7.83M | $10.63M | $12.21M | $4.71M | $6.32M | $6.43M | $6.00M |
| Goodwill | — | — | $9.19M | $18.68M | — | — | — | — | — |
| Intangibles | — | — | $15.01M | $61.72M | $61.63M | $56.59M | $14.61M | $0 | — |
| Total Assets | $9.52M | $39.86M | $55.42M | $159.56M | $100.09M | $74.89M | $35.08M | $25.76M | $29.44M |
| LiabilitiesTotal Current Liabilities | $5.56M | $4.44M | $9.00M | $14.12M | $12.11M | $7.19M | $7.28M | $12.07M | $10.29M |
| Short-Term Debt | — | — | — | — | — | — | — | — | — |
| Long-Term Debt | — | — | — | — | — | — | — | — | — |
| Long-Term Leases | — | — | — | — | — | — | — | — | — |
| Total Liabilities | $6.09M | $9.02M | $21.94M | $94.35M | $60.50M | $49.30M | $47.35M | $57.22M | $50.74M |
| EquityCommon Stock & APIC | $74.74M | $124.58M | $157.16M | $252.95M | $294.93M | $310.30M | $338.24M | $369.21M | $394.94M |
| Retained Earnings | -$71.32M | -$93.75M | -$123.68M | -$187.77M | -$260.68M | -$289.88M | -$350.54M | -$400.76M | -$416.31M |
| Total Equity | $3.42M | $30.84M | $33.48M | $65.22M | $34.29M | $20.47M | -$12.27M | -$31.46M | -$21.30M |
| HighlightsNet Cash / (Debt) | — | — | — | — | — | — | — | — | — |
| Line item | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | TTM |
|---|---|---|---|---|---|---|---|---|---|
| ActivitiesCash from Operating | -$11.65M | -$19.71M | -$25.98M | -$35.94M | -$45.57M | -$23.32M | -$20.69M | -$22.18M | -$27.08M |
| Cash from Investing | -$31.0K | -$12.41M | -$11.75M | -$13.96M | -$4.34M | -$932.0K | -$512.0K | -$3.19M | -$3.92M |
| Cash from Financing | $12.11M | $47.87M | $22.80M | $78.36M | $35.81M | $12.19M | $20.43M | $28.07M | $23.76M |
| SummaryCapital Expenditure | -$31.0K | -$918.0K | -$1.23M | -$2.25M | -$4.34M | -$281.0K | -$516.0K | -$3.19M | -$3.92M |
| Free Cash Flow | -$11.68M | -$20.63M | -$27.21M | -$38.19M | -$49.91M | -$23.61M | -$21.20M | -$25.37M | -$31.00M |
| FCF Margin | — | — | -2237.4% | -1737.4% | -5209.6% | -1570.6% | -1127.3% | -625.6% | -1856.2% |