| Metric | Q3 FY24 | Q4 FY24 | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Trend |
|---|---|---|---|---|---|---|---|---|---|
| EarningsRevenue | $727.0K | $5.71M | $3.08M | $4.83M | $13.12M +1704.7% | $41.87M +633.1% | $83.23M +2598.7% | $31.69M +555.6% | Strengthening |
| Operating Profit | -$48.10M | -$53.94M | -$59.00M | -$63.59M | -$56.43M -17.3% | -$34.04M +36.9% | $3.88M | -$51.04M +19.7% | Strengthening |
| Net Profit | -$41.21M | -$49.45M | -$53.24M | -$59.01M | -$55.79M -35.4% | -$36.59M +26.0% | $5.40M | -$62.84M -6.5% | Strengthening |
| EPS | $-0.15 | — | $-0.16 | $-0.17 | $-0.16 -6.7% | — | $0.02 | $-0.18 -5.9% | Weakening |
| Other Income | $6.89M | $4.50M | $5.77M | $4.58M | $642.0K -90.7% | -$2.56M -156.8% | $1.52M -73.7% | -$11.80M -357.6% | Weakening |
| Interest | $120.0K | $89.0K | $54.0K | $421.0K | $6.53M +5345.0% | $6.67M +7397.8% | $6.71M +12322.2% | $6.76M +1505.5% | Strengthening |
| Depreciation | — | — | — | — | — | — | — | — | — |
| Profit before Tax | -$41.21M | -$49.45M | -$53.24M | -$59.01M | -$55.79M -35.4% | -$36.59M +26.0% | $5.40M | -$62.84M -6.5% | Strengthening |
| MarginsOPM | -6616.4% | -944.5% | -1913.2% | -1315.7% | -430.1% +93.5% | -81.3% +91.4% | 4.7% | -161.1% +87.8% | Strengthening |
| Tax | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | — |
| ReturnsROIC | 28.2% | 33.9% | 36.5% | 40.4% | 38.2% +35.4% | 25.1% -26.0% | -3.7% -110.1% | 43.1% +6.5% | Weakening |
| Line item | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | TTM |
|---|---|---|---|---|---|---|---|
| AssetsCash & Equivalents | $29.75M | $132.42M | $101.10M | $42.65M | $35.72M | $164.09M | $258.60M |
| Short-Term Investments | $186.00M | $632.97M | $559.91M | $568.56M | $466.97M | $365.13M | $402.35M |
| Total Current Assets | $220.68M | $772.07M | $667.32M | $616.43M | $526.25M | $571.52M | $726.43M |
| Net PP&E | $688.0K | $3.66M | $4.68M | $4.32M | $2.99M | $4.48M | $3.96M |
| Goodwill | — | — | — | — | — | — | — |
| Intangibles | — | — | — | $0 | $4.62M | $11.21M | $10.29M |
| Total Assets | $221.79M | $776.15M | $672.14M | $621.48M | $540.63M | $594.82M | $744.50M |
| LiabilitiesTotal Current Liabilities | $6.55M | $16.93M | $13.16M | $13.97M | $58.24M | $82.23M | $86.75M |
| Short-Term Debt | — | — | — | $0 | $6.28M | $5.72M | $5.89M |
| Long-Term Debt | — | — | — | — | — | $47.21M | $242.62M |
| Long-Term Leases | — | $2.19M | $3.05M | $2.04M | $969.0K | $2.54M | $1.91M |
| Total Liabilities | $6.71M | $30.15M | $17.07M | $16.36M | $76.84M | $289.11M | $490.64M |
| EquityCommon Stock & APIC | $289.48M | $909.99M | $927.60M | $947.75M | $1.37B | $1.42B | $1.43B |
| Retained Earnings | -$75.95M | -$162.80M | -$267.00M | -$342.80M | -$910.74M | -$1.12B | -$1.17B |
| Total Equity | $215.08M | $746.00M | $655.08M | $605.12M | $463.79M | $305.72M | $253.86M |
| HighlightsNet Cash / (Debt) | — | — | — | — | — | $476.28M | $412.44M |
| Line item | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | TTM |
|---|---|---|---|---|---|---|---|
| ActivitiesCash from Operating | -$36.53M | -$68.19M | -$96.11M | -$68.00M | -$130.41M | -$173.43M | -$120.52M |
| Cash from Investing | -$70.32M | -$454.67M | $63.46M | $8.92M | $122.70M | $99.52M | -$47.18M |
| Cash from Financing | $133.13M | $625.53M | $1.33M | $628.0K | $331.0K | $202.53M | $179.14M |
| SummaryCapital Expenditure | — | — | — | — | $0 | -$8.00M | — |
| Free Cash Flow | — | — | — | — | -$130.41M | -$181.43M | — |
| FCF Margin | — | — | — | — | -1656.5% | -288.4% | — |