| Metric | Q3 FY24 | Q4 FY24 | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Trend |
|---|---|---|---|---|---|---|---|---|---|
| EarningsRevenue | $190.0K | $1.65M | $589.0K | $155.0K | $241.0K +26.8% | $223.0K -86.5% | $935.0K +58.7% | $1.47M +850.3% | Strengthening |
| Operating Profit | -$15.71M | -$18.47M | -$14.04M | -$14.66M | -$12.72M +19.0% | -$41.41M -124.2% | -$23.49M -67.3% | -$24.21M -65.2% | Weakening |
| Net Profit | -$15.52M | -$31.16M | -$28.78M | -$14.23M | -$14.22M +8.4% | -$37.76M -21.2% | -$25.29M +12.1% | -$36.94M -159.6% | Weakening |
| EPS | $-0.07 | — | $-0.12 | $-0.84 | $-0.05 +28.6% | — | $-0.08 +33.3% | $-1.66 -97.6% | Weakening |
| Other Income | — | — | — | — | — | — | — | — | — |
| Interest | $21.0K | $4.41M | $12.90M | $2.17M | $2.20M +10361.9% | $1.26M -71.4% | $2.75M -78.7% | $5.48M +152.5% | Stable |
| Depreciation | — | — | — | — | — | — | — | — | — |
| Profit before Tax | -$15.41M | -$31.07M | -$28.71M | -$14.14M | -$14.04M +8.9% | -$38.18M -22.9% | -$25.11M +12.5% | -$36.76M -160.1% | Weakening |
| MarginsOPM | -8266.3% | -1119.5% | -2383.7% | -9455.5% | -5278.4% +36.1% | -18570.0% -1558.7% | -2512.7% -5.4% | -1643.7% +82.6% | Weakening |
| Tax | -0.7% | -0.3% | -0.3% | -0.7% | -1.2% -74.3% | 1.1% | -0.7% -188.0% | -0.5% +25.8% | Weakening |
| ReturnsROIC | 1.5% | 3.1% | 2.8% | 1.4% | 1.4% -8.4% | 3.7% +21.2% | 2.5% -12.1% | 3.6% +159.6% | Strengthening |
| Line item | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | TTM |
|---|---|---|---|---|---|---|---|---|---|
| AssetsCash & Equivalents | $13.77M | $5.84M | $16.86M | $82.65M | $20.54M | $45.17M | $54.49M | $32.36M | $27.21M |
| Short-Term Investments | — | — | — | — | — | — | — | — | — |
| Total Current Assets | $17.65M | $7.84M | $17.56M | $119.43M | $91.01M | $86.75M | $82.47M | $81.11M | $34.29M |
| Net PP&E | $2.99M | $3.16M | $2.83M | $8.60M | $21.41M | $22.79M | $23.81M | $18.36M | $33.44M |
| Goodwill | — | — | — | — | — | — | — | — | $3.68M |
| Intangibles | $486.0K | $221.0K | $164.0K | $115.0K | $75.0K | $17.23M | $10.97M | $32.0K | $13.68M |
| Total Assets | $23.03M | $11.84M | $21.01M | $130.22M | $115.00M | $129.63M | $121.16M | $103.12M | $88.61M |
| LiabilitiesTotal Current Liabilities | $18.19M | $14.46M | $10.03M | $12.46M | $11.43M | $20.50M | $45.95M | $30.15M | $50.42M |
| Short-Term Debt | — | $0 | — | — | — | — | — | — | — |
| Long-Term Debt | — | $0 | — | — | — | — | $33.00M | $19.21M | $24.56M |
| Long-Term Leases | $0 | $1.35M | $774.0K | $4.98M | $13.83M | $12.71M | $15.95M | $14.03M | $15.74M |
| Total Liabilities | $18.92M | $15.81M | $12.00M | $17.47M | $25.25M | $33.83M | $72.39M | $47.57M | $67.99M |
| EquityCommon Stock & APIC | $100.0K | $126.0K | $153.0K | $164.0K | $171.0K | $195.0K | $225.0K | $20.0K | $23.0K |
| Retained Earnings | — | — | -$586.23M | -$629.43M | -$682.52M | -$765.37M | -$862.28M | -$957.26M | -$1.02B |
| Total Equity | $4.12M | -$3.98M | $9.01M | $112.75M | $89.74M | $95.80M | $48.77M | $55.55M | $20.62M |
| HighlightsNet Cash / (Debt) | — | $5.84M | — | — | — | — | — | — | — |
| Line item | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | TTM |
|---|---|---|---|---|---|---|---|---|---|
| ActivitiesCash from Operating | -$22.57M | -$24.04M | -$16.07M | -$29.40M | -$38.02M | -$67.09M | -$68.54M | -$58.72M | -$67.48M |
| Cash from Investing | -$1.12M | -$745.0K | $123.0K | -$35.32M | -$38.07M | $21.82M | $2.67M | -$24.65M | -$18.52M |
| Cash from Financing | — | $16.86M | $26.98M | $131.16M | $14.31M | $72.44M | $72.89M | $60.87M | $38.97M |
| SummaryCapital Expenditure | -$1.12M | -$745.0K | -$402.0K | -$2.49M | -$4.36M | -$1.94M | -$374.0K | -$679.0K | -$820.0K |
| Free Cash Flow | -$23.69M | -$24.79M | -$16.48M | -$31.90M | -$42.38M | -$69.03M | -$68.91M | -$59.40M | -$68.30M |
| FCF Margin | -134.5% | -279.0% | -533.2% | -1275.9% | -6382.2% | -950.9% | -1467.5% | -4917.1% | -2378.2% |