| Metric | Q3 FY24 | Q4 FY24 | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Trend |
|---|---|---|---|---|---|---|---|---|---|
| EarningsRevenue | $0 | — | $0 | $5.00M | $12.50M | $1.59M | $1.90M | $5.49M +9.7% | Strengthening |
| Operating Profit | -$12.95M | -$15.22M | -$16.93M | -$16.86M | -$18.89M -45.9% | -$38.46M -152.6% | -$44.13M -160.7% | -$34.17M -102.7% | Weakening |
| Net Profit | -$10.21M | -$12.65M | -$14.62M | -$14.91M | -$16.70M -63.5% | -$35.90M -183.7% | -$41.49M -183.8% | -$31.92M -114.0% | Weakening |
| EPS | $-0.38 | — | $-0.53 | $-0.53 | $-0.59 -55.3% | — | $-1.32 -149.1% | $-1.02 -92.5% | Weakening |
| Other Income | $2.73M | $2.57M | $2.31M | $2.44M | $2.19M -19.9% | $2.57M -0.2% | $2.65M +14.5% | $2.26M -7.7% | Stable |
| Interest | — | — | — | — | — | — | — | — | — |
| Depreciation | — | — | — | — | — | — | — | — | — |
| Profit before Tax | -$10.21M | — | — | -$14.41M | -$16.70M -63.5% | — | — | -$31.91M -121.4% | Weakening |
| MarginsOPM | — | — | — | -337.1% | -151.1% | -2422.1% | -2321.7% | -622.9% -84.8% | Weakening |
| Tax | 0.0% | — | — | -3.5% | 0.0% | — | — | -0.0% +99.7% | Strengthening |
| ReturnsROIC | 3.4% | 4.2% | 4.9% | 5.0% | 5.6% +63.5% | 11.9% +183.7% | 13.8% +183.8% | 10.6% +114.0% | Strengthening |
| Line item | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | TTM |
|---|---|---|---|---|---|---|---|
| AssetsCash & Equivalents | $19.78M | $376.98M | $47.73M | $35.14M | $20.16M | $25.18M | $24.21M |
| Short-Term Investments | — | — | — | — | — | — | — |
| Total Current Assets | $21.10M | $381.74M | $275.37M | $67.24M | $211.92M | $301.41M | $233.28M |
| Net PP&E | $1.46M | $18.08M | $28.21M | $372.0K | $1.99M | $1.92M | $1.52M |
| Goodwill | — | — | — | — | — | — | — |
| Intangibles | — | — | — | — | — | — | — |
| Total Assets | $22.56M | $401.99M | $321.90M | $70.38M | $215.30M | $305.88M | $236.60M |
| LiabilitiesTotal Current Liabilities | $32.05M | $12.14M | $13.04M | $18.51M | $10.41M | $21.19M | $17.21M |
| Short-Term Debt | — | — | — | — | — | — | — |
| Long-Term Debt | — | — | — | — | — | — | — |
| Long-Term Leases | — | $5.79M | $1.75M | $192.0K | $814.0K | $350.0K | $122.0K |
| Total Liabilities | $32.36M | $17.94M | $25.61M | $19.70M | $11.22M | $21.54M | $17.33M |
| EquityCommon Stock & APIC | — | $1.0K | $1.0K | $10.0K | $1.0K | $1.0K | $1.0K |
| Retained Earnings | -$70.59M | -$141.35M | -$242.40M | -$95.25M | -$145.01M | -$227.14M | -$300.55M |
| Total Equity | -$65.41M | $384.05M | -$24.17M | -$92.71M | $204.08M | $284.34M | $219.26M |
| HighlightsNet Cash / (Debt) | — | — | — | — | — | — | — |
| Line item | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | TTM |
|---|---|---|---|---|---|---|---|
| ActivitiesCash from Operating | -$8.72M | -$52.85M | -$87.98M | -$60.38M | -$59.39M | -$69.17M | -$113.91M |
| Cash from Investing | -$1.54M | -$5.74M | -$241.86M | -$29.62M | -$154.48M | -$75.67M | -$23.23M |
| Cash from Financing | $30.08M | $417.47M | $597.0K | $80.70M | $199.00M | $149.75M | $123.62M |
| SummaryCapital Expenditure | -$1.54M | -$5.74M | -$6.59M | -$30.0K | -$468.0K | -$827.0K | -$511.0K |
| Free Cash Flow | -$10.27M | -$58.59M | -$94.57M | -$60.41M | -$59.86M | -$70.00M | -$114.42M |
| FCF Margin | — | — | — | — | — | -366.7% | -532.8% |