| Metric | Q3 FY24 | Q4 FY24 | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Trend |
|---|---|---|---|---|---|---|---|---|---|
| EarningsRevenue | $9.94M | $12.03M | $9.48M | $9.08M | $9.28M -6.7% | $28.00M +132.7% | $12.02M +26.8% | $9.01M -0.8% | Strengthening |
| Operating Profit | -$32.96M | -$27.02M | -$31.05M | -$32.24M | -$15.66M +52.5% | -$205.0K +99.2% | -$9.81M +68.4% | -$9.87M +69.4% | Strengthening |
| Net Profit | -$57.43M | -$26.99M | -$19.23M | -$32.50M | $2.86M | -$84.0K +99.7% | -$14.68M +23.7% | $184.31M | Strengthening |
| EPS | $-29.04 | — | $-9.79 | $-14.90 | $1.14 | — | $-1.77 +81.9% | $15.81 | Strengthening |
| Other Income | -$18.94M | $6.33M | $18.36M | $3.08M | $18.67M | $2.65M -58.1% | -$319.0K -101.7% | $207.09M +6630.3% | Strengthening |
| Interest | — | — | — | — | — | — | — | — | — |
| Depreciation | — | — | — | — | — | — | — | — | — |
| Profit before Tax | -$51.90M | -$20.69M | -$12.70M | — | — | — | — | — | — |
| MarginsOPM | -331.5% | -224.6% | -327.5% | -354.9% | -168.7% +49.1% | -0.7% +99.7% | -81.6% +75.1% | -109.5% +69.1% | Strengthening |
| Tax | 0.0% | 0.0% | 0.0% | — | — | — | — | — | — |
| ReturnsROIC | 6.8% | 3.2% | 2.3% | 3.8% | -0.3% -105.0% | 0.0% -99.7% | 1.7% -23.7% | -21.7% -667.1% | Weakening |
| Line item | FY21 | FY22 | FY23 | FY24 | FY25 | TTM |
|---|---|---|---|---|---|---|
| AssetsCash & Equivalents | $343.4K | $83.05M | $75.58M | $43.50M | $13.16M | $44.98M |
| Short-Term Investments | — | — | — | — | — | — |
| Total Current Assets | $680.9K | $123.90M | $172.70M | $99.33M | $39.69M | $69.24M |
| Net PP&E | — | $26.66M | $41.13M | $49.12M | $31.51M | $29.73M |
| Goodwill | — | — | — | — | — | — |
| Intangibles | — | — | — | — | — | — |
| Total Assets | $150.87M | $176.86M | $241.62M | $174.68M | $100.21M | $322.69M |
| LiabilitiesTotal Current Liabilities | $751.4K | $55.98M | $27.78M | $30.45M | $27.72M | $27.91M |
| Short-Term Debt | — | — | — | — | — | — |
| Long-Term Debt | — | $50.00M | $25.15M | — | — | — |
| Long-Term Leases | — | $6.62M | $19.82M | $30.62M | $16.39M | $15.72M |
| Total Liabilities | $11.61M | $124.95M | $127.15M | $161.24M | $90.93M | $62.06M |
| EquityCommon Stock & APIC | — | $1.0K | $19.0K | $19.0K | $23.0K | $23.0K |
| Retained Earnings | -$10.74M | -$456.25M | -$831.87M | -$969.60M | -$1.02B | -$848.93M |
| Total Equity | -$354.92M | -$428.72M | $114.47M | $13.45M | -$3.89M | $260.64M |
| HighlightsNet Cash / (Debt) | — | — | — | — | — | — |
| Line item | FY21 | FY22 | FY23 | FY24 | FY25 | TTM |
|---|---|---|---|---|---|---|
| ActivitiesCash from Operating | -$510.0K | -$84.70M | -$97.30M | -$89.06M | -$64.85M | -$32.70M |
| Cash from Investing | -$150.00M | -$10.69M | -$57.91M | $28.35M | $11.15M | -$4.11M |
| Cash from Financing | $150.85M | $50.55M | $148.19M | $30.21M | $25.62M | $46.14M |
| SummaryCapital Expenditure | — | -$10.73M | -$8.55M | -$5.31M | -$1.26M | -$1.11M |
| Free Cash Flow | — | -$95.44M | -$105.85M | -$94.37M | -$66.11M | -$33.80M |
| FCF Margin | — | -255.6% | -169.0% | -190.3% | -118.4% | -58.0% |