| Metric | Q3 FY24 | Q4 FY24 | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Trend |
|---|---|---|---|---|---|---|---|---|---|
| EarningsRevenue | $104.0K | $46.0K | $64.0K | $22.0K | $50.0K -51.9% | $97.0K +110.9% | $101.0K +57.8% | $202.0K +818.2% | Strengthening |
| Operating Profit | -$7.85M | -$8.99M | -$6.80M | -$8.71M | -$7.83M +0.3% | -$8.40M +6.6% | -$9.03M -32.8% | -$10.76M -23.5% | Weakening |
| Net Profit | -$8.71M | -$8.55M | -$8.02M | -$9.27M | -$9.33M -7.2% | -$7.34M +14.1% | -$8.35M -4.1% | -$10.02M -8.1% | Stable |
| EPS | $-1.01 | — | $-0.46 | $-0.48 | $-0.30 +70.3% | — | $-0.18 +60.9% | $-0.22 +54.2% | Strengthening |
| Other Income | -$860.0K | $443.0K | -$1.21M | -$565.0K | -$1.50M -75.0% | $1.07M +141.1% | $686.0K | $733.0K | Strengthening |
| Interest | — | — | — | — | — | — | — | — | — |
| Depreciation | — | — | — | — | — | — | — | — | — |
| Profit before Tax | -$8.71M | -$8.55M | -$8.01M | -$9.27M | — | — | -$8.34M -4.1% | -$10.02M -8.1% | Weakening |
| MarginsOPM | -7544.2% | -19554.3% | -10625.0% | -39568.2% | -15650.0% -107.4% | -8660.8% +55.7% | -8939.6% +15.9% | -5324.3% +86.5% | Strengthening |
| Tax | 0.0% | 0.1% | -0.0% | 0.0% | — | — | -0.0% +0.0% | 0.0% | Stable |
| ReturnsROIC | 2.0% | 2.0% | 1.9% | 2.2% | 2.2% +7.2% | 1.7% -14.1% | 2.0% +4.1% | 2.4% +8.1% | Stable |
| Line item | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | TTM |
|---|---|---|---|---|---|---|---|---|
| AssetsCash & Equivalents | $25.0K | $15.28M | $14.18M | $19.06M | $16.93M | $10.27M | $43.36M | $11.21M |
| Short-Term Investments | — | — | — | — | — | — | — | — |
| Total Current Assets | $25.0K | $19.48M | $177.37M | $105.55M | $39.75M | $25.17M | $89.63M | $74.32M |
| Net PP&E | — | $4.87M | $5.13M | $23.17M | $11.51M | $1.26M | $1.02M | $2.06M |
| Goodwill | — | — | — | — | — | — | — | — |
| Intangibles | — | — | — | — | — | — | — | — |
| Total Assets | $25.0K | $25.89M | $186.15M | $133.34M | $54.32M | $27.12M | $90.89M | $76.58M |
| LiabilitiesTotal Current Liabilities | $2.4K | $37.59M | $13.57M | $22.56M | $10.03M | $11.31M | $8.57M | $6.86M |
| Short-Term Debt | — | $2.69M | $0 | $8.59M | — | — | — | — |
| Long-Term Debt | — | $2.88M | $0 | $0 | — | — | — | — |
| Long-Term Leases | — | — | $0 | $16.68M | $14.86M | $479.0K | $235.0K | $803.0K |
| Total Liabilities | $2.4K | $44.11M | $17.39M | $39.37M | $25.29M | $12.00M | $9.55M | $8.26M |
| EquityCommon Stock & APIC | — | $10.0K | $16.0K | $1.0K | $1.0K | $1.0K | $4.0K | $5.0K |
| Retained Earnings | -$2.4K | -$86.78M | -$151.79M | -$250.51M | -$337.63M | -$373.10M | -$407.05M | -$425.42M |
| Total Equity | $5.71M | -$18.23M | $168.77M | $93.97M | $29.02M | $15.12M | $81.34M | $68.31M |
| HighlightsNet Cash / (Debt) | — | $9.70M | $14.18M | $10.47M | — | — | — | — |
| Line item | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | TTM |
|---|---|---|---|---|---|---|---|---|
| ActivitiesCash from Operating | — | -$19.69M | -$55.70M | -$71.65M | -$50.73M | -$26.62M | -$27.78M | -$29.46M |
| Cash from Investing | — | -$4.04M | -$151.55M | $68.46M | $55.35M | $7.74M | -$30.80M | -$43.64M |
| Cash from Financing | $25.0K | $32.02M | $207.08M | $8.07M | -$6.76M | $10.06M | $91.67M | $81.94M |
| SummaryCapital Expenditure | — | -$4.04M | -$1.02M | -$4.20M | -$1.95M | -$486.0K | -$109.0K | -$414.0K |
| Free Cash Flow | — | -$23.73M | -$56.72M | -$75.85M | -$52.68M | -$27.11M | -$27.89M | -$29.88M |
| FCF Margin | — | -1502.5% | -1886.4% | -2079.8% | -3598.1% | -13418.8% | -11968.2% | -6638.9% |