| Metric | Q3 FY24 | Q4 FY24 | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Trend |
|---|---|---|---|---|---|---|---|---|---|
| EarningsRevenue | $1.75M | $26.55M | $1.26M | $28.87M | $14.18M +710.4% | $5.49M -79.3% | $21.10M +1572.1% | $692.0K -97.6% | Strengthening |
| Operating Profit | -$63.69M | -$32.74M | -$25.68M | $3.74M | -$12.19M +80.9% | -$14.78M +54.8% | -$996.0K +96.1% | -$26.54M -810.4% | Weakening |
| Net Profit | -$64.81M | -$33.77M | -$25.30M | $3.25M | -$12.77M +80.3% | -$15.53M +54.0% | -$1.04M +95.9% | -$31.77M -1077.1% | Weakening |
| EPS | $-0.18 | — | $-0.07 | $0.01 | $-0.04 +77.8% | — | $0.00 +100.0% | $-0.07 -800.0% | Weakening |
| Other Income | — | — | — | — | — | — | — | — | — |
| Interest | — | — | — | — | — | — | — | — | — |
| Depreciation | — | — | — | — | — | — | — | — | — |
| Profit before Tax | — | — | — | — | — | — | — | — | — |
| MarginsOPM | -3639.6% | -123.3% | -2034.8% | 12.9% | -85.9% +97.6% | -269.1% -118.3% | -4.7% +99.8% | -3835.3% -29738.8% | Weakening |
| Tax | — | — | — | — | — | — | — | — | — |
| ReturnsROIC | 3.2% | 1.6% | 1.2% | -0.2% | 0.6% -80.3% | 0.8% -54.0% | 0.1% -95.9% | 1.6% | Weakening |
| Line item | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | TTM |
|---|---|---|---|---|---|---|---|---|---|
| AssetsCash & Equivalents | $80.39M | $36.11M | $126.26M | $64.06M | $46.34M | $22.46M | $66.66M | $34.33M | $40.92M |
| Short-Term Investments | — | — | — | — | — | — | — | — | — |
| Total Current Assets | $173.32M | $337.75M | $157.72M | $88.92M | $140.87M | $176.55M | $246.19M | $101.89M | $196.58M |
| Net PP&E | $15.87M | $15.85M | $295.0K | $3.48M | $8.48M | $7.51M | $7.32M | $9.18M | $8.57M |
| Goodwill | $44.54M | $44.54M | $44.54M | $44.54M | $44.54M | $44.54M | $44.54M | $44.54M | $44.54M |
| Intangibles | $50.12M | $19.72M | — | — | — | — | — | — | — |
| Total Assets | $284.14M | $417.71M | $203.79M | $136.91M | $194.30M | $229.43M | $298.42M | $184.99M | $250.06M |
| LiabilitiesTotal Current Liabilities | $36.75M | $65.34M | $46.81M | $22.12M | $23.17M | $31.55M | $45.25M | $20.87M | $14.71M |
| Short-Term Debt | $1.11M | $11.01M | $11.65M | $0 | — | — | $0 | $4.59M | $0 |
| Long-Term Debt | $243.89M | $234.17M | $0 | $0 | $48.58M | $99.51M | $100.30M | $49.41M | $51.44M |
| Long-Term Leases | — | — | — | — | $5.42M | $5.30M | $4.60M | $6.60M | $6.16M |
| Total Liabilities | $310.54M | $300.61M | $47.42M | $23.31M | $77.17M | $136.32M | $152.47M | $77.45M | $75.53M |
| EquityCommon Stock & APIC | $106.0K | $106.0K | $142.0K | $150.0K | $189.0K | $245.0K | $363.0K | $366.0K | $447.0K |
| Retained Earnings | -$1.47B | -$1.34B | -$1.40B | -$1.49B | -$1.59B | -$1.77B | -$1.97B | -$2.02B | -$2.05B |
| Total Equity | -$26.41M | $117.10M | $156.37M | $113.59M | $117.12M | $93.11M | $145.95M | $107.54M | $174.53M |
| HighlightsNet Cash / (Debt) | -$164.62M | -$209.07M | $114.62M | $64.06M | — | — | -$33.64M | -$19.68M | -$10.51M |
| Line item | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | TTM |
|---|---|---|---|---|---|---|---|---|---|
| ActivitiesCash from Operating | -$148.61M | $113.81M | -$142.97M | -$87.02M | -$88.85M | -$161.90M | -$178.78M | -$67.85M | -$64.99M |
| Cash from Investing | $169.58M | -$155.85M | $380.76M | $2.11M | -$71.08M | -$49.94M | -$15.38M | $113.02M | -$29.77M |
| Cash from Financing | -$2.24M | -$2.23M | -$147.64M | $22.71M | $142.21M | $187.96M | $238.35M | -$48.50M | $85.32M |
| SummaryCapital Expenditure | -$95.0K | -$70.0K | -$87.0K | -$1.22M | -$1.33M | -$470.0K | -$1.03M | $0 | — |
| Free Cash Flow | -$148.70M | $113.74M | -$143.06M | -$88.24M | -$90.18M | -$162.37M | -$179.81M | -$67.85M | — |
| FCF Margin | -235.3% | 35.3% | -596.2% | -29610.1% | -64875.5% | -13485.6% | -578.5% | -136.2% | — |