| Metric | Q3 FY24 | Q4 FY24 | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Trend |
|---|---|---|---|---|---|---|---|---|---|
| EarningsRevenue | $1.61M | $1.91M | $1.54M | $1.20M | $887.0K -44.8% | $945.0K -50.5% | $995.0K -35.3% | $1.15M -4.3% | Weakening |
| Operating Profit | -$13.85M | -$14.76M | -$17.00M | -$17.24M | -$19.86M -43.4% | -$16.12M -9.2% | -$19.34M -13.8% | -$20.25M -17.5% | Weakening |
| Net Profit | -$13.61M | -$32.27M | -$58.58M | -$63.20M | $483.0K | -$67.96M -110.6% | -$10.62M +81.9% | -$33.76M +46.6% | Strengthening |
| EPS | $-0.11 | — | $-0.45 | $-0.48 | $0.00 +100.0% | — | $-0.08 +82.2% | $-0.24 +50.0% | Strengthening |
| Other Income | — | — | — | — | — | — | — | — | — |
| Interest | — | — | $201.0K | $4.91M | $4.98M | — | $5.15M +2462.7% | $4.45M -9.4% | Strengthening |
| Depreciation | — | — | — | — | — | — | — | — | — |
| Profit before Tax | -$13.58M | -$32.23M | -$58.52M | -$63.15M | $529.0K | -$67.91M -110.7% | -$10.56M +81.9% | -$33.70M +46.6% | Strengthening |
| MarginsOPM | -862.0% | -772.6% | -1104.9% | -1434.3% | -2239.6% -159.8% | -1706.1% -120.8% | -1944.0% -76.0% | -1760.8% -22.8% | Weakening |
| Tax | -0.2% | -0.1% | -0.1% | -0.1% | 8.7% | -0.1% +27.3% | -0.5% -430.0% | -0.2% -157.1% | Weakening |
| ReturnsROIC | 1.2% | 2.9% | 5.3% | 5.8% | -0.0% -103.5% | 6.2% +110.6% | 1.0% -81.9% | 3.1% -46.6% | Weakening |
| Line item | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | TTM |
|---|---|---|---|---|---|---|---|
| AssetsCash & Equivalents | $8.67M | $100.08M | $47.23M | $81.88M | $39.33M | $44.76M | $77.72M |
| Short-Term Investments | — | — | — | — | — | — | — |
| Total Current Assets | $18.07M | $106.33M | $61.19M | $91.22M | $86.05M | $157.41M | $303.81M |
| Net PP&E | $1.26M | $21.76M | $29.32M | $19.27M | $17.37M | $14.86M | $12.87M |
| Goodwill | — | — | $17.49M | $17.98M | $16.97M | $19.16M | $18.58M |
| Intangibles | $4.14M | $4.09M | $10.40M | $10.63M | $9.59M | $42.17M | $41.77M |
| Total Assets | $44.90M | $136.82M | $123.79M | $162.16M | $161.74M | $247.02M | $389.05M |
| LiabilitiesTotal Current Liabilities | $4.24M | $6.68M | $8.89M | $9.80M | $12.14M | $12.38M | $11.85M |
| Short-Term Debt | — | — | — | — | — | — | — |
| Long-Term Debt | — | — | — | $48.45M | $54.62M | $273.59M | — |
| Long-Term Leases | — | — | $5.29M | $15.14M | $14.35M | $12.34M | $10.78M |
| Total Liabilities | $165.68M | $36.87M | $19.92M | $82.06M | $111.62M | $333.25M | $54.55M |
| EquityCommon Stock & APIC | $2.0K | $11.0K | $12.0K | $12.0K | $14.0K | $15.0K | $18.0K |
| Retained Earnings | -$490.28M | -$647.86M | -$688.49M | -$760.23M | -$862.11M | -$1.05B | -$1.10B |
| Total Equity | -$490.38M | $99.96M | $100.02M | $78.73M | $50.12M | -$86.23M | $334.50M |
| HighlightsNet Cash / (Debt) | — | — | — | — | — | — | — |
| Line item | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | TTM |
|---|---|---|---|---|---|---|---|
| ActivitiesCash from Operating | -$28.41M | -$47.93M | -$37.09M | -$35.44M | -$38.01M | -$50.74M | -$53.06M |
| Cash from Investing | -$7.18M | -$1.28M | -$15.74M | $1.07M | -$39.47M | -$64.55M | -$31.14M |
| Cash from Financing | $34.77M | $135.64M | $43.0K | $68.98M | $35.10M | $120.48M | $103.33M |
| SummaryCapital Expenditure | -$6.42M | -$1.02M | -$2.96M | -$2.75M | -$350.0K | -$50.0K | -$8.0K |
| Free Cash Flow | -$34.82M | -$48.95M | -$40.06M | -$38.19M | -$38.36M | -$50.80M | -$53.07M |
| FCF Margin | -6120.2% | -6416.0% | -1020.4% | -988.9% | -676.6% | -1110.8% | -1334.4% |