| Metric | Q3 FY24 | Q4 FY24 | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Trend |
|---|---|---|---|---|---|---|---|---|---|
| EarningsRevenue | $21.68M | $17.98M | $14.02M | $14.49M | $10.11M -53.4% | $7.30M -59.4% | $8.60M -38.7% | $10.53M -27.3% | Weakening |
| Operating Profit | -$28.97M | -$38.99M | -$25.30M | -$21.65M | -$19.41M +33.0% | -$41.39M -6.2% | -$27.77M -9.7% | -$27.19M -25.6% | Weakening |
| Net Profit | -$18.73M | -$39.86M | — | — | — | — | — | — | — |
| EPS | $-0.10 | — | $-0.09 | $-0.25 | $-0.09 +10.0% | — | $-0.15 -66.7% | $-0.95 -280.0% | Weakening |
| Other Income | $10.37M | -$5.37M | $8.84M | -$27.15M | $483.0K -95.3% | $9.81M | -$5.95M -167.4% | -$200.96M -640.2% | Weakening |
| Interest | — | — | — | — | — | — | — | — | — |
| Depreciation | — | — | — | — | — | — | — | — | — |
| Profit before Tax | -$18.61M | -$44.36M | -$16.47M | -$48.80M | -$18.93M -1.8% | -$31.58M +28.8% | -$33.72M -104.8% | -$228.15M -367.5% | Weakening |
| MarginsOPM | -133.6% | -216.9% | -180.5% | -149.4% | -192.0% -43.7% | -567.3% -161.6% | -322.9% -78.9% | -258.2% -72.8% | Weakening |
| Tax | -0.7% | 1.4% | -0.5% | -0.1% | 0.1% | 0.2% -85.9% | -0.2% +60.0% | -0.0% +70.0% | Strengthening |
| ReturnsROIC | 2.5% | 5.2% | — | — | — | — | — | — | — |
| Line item | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | TTM |
|---|---|---|---|---|---|---|---|
| AssetsCash & Equivalents | $38.87M | $268.25M | $110.34M | $151.89M | $86.74M | $236.86M | $557.41M |
| Short-Term Investments | — | — | — | — | — | — | — |
| Total Current Assets | $46.95M | $291.37M | $142.15M | $206.16M | $121.77M | $259.90M | $602.39M |
| Net PP&E | $722.0K | $2.30M | $12.91M | $17.42M | $22.32M | $14.95M | $12.68M |
| Goodwill | — | $0 | $161.53M | $163.22M | $163.22M | $163.22M | $163.22M |
| Intangibles | $515.0K | $170.0K | $105.62M | $91.10M | $72.19M | $53.26M | $43.79M |
| Total Assets | $48.51M | $295.60M | $425.26M | $485.55M | $389.98M | $500.47M | $832.43M |
| LiabilitiesTotal Current Liabilities | $6.37M | $10.73M | $20.35M | $48.49M | $21.14M | $52.12M | $27.64M |
| Short-Term Debt | $1.00M | $3.20M | $0 | — | — | — | — |
| Long-Term Debt | $4.97M | $3.72M | $0 | — | — | — | — |
| Long-Term Leases | — | $0 | $5.26M | $6.65M | $5.55M | $3.83M | $2.68M |
| Total Liabilities | $11.43M | $230.06M | $40.50M | $104.93M | $41.97M | $56.81M | $31.02M |
| EquityCommon Stock & APIC | $2.0K | $15.0K | $18.0K | $21.0K | — | — | — |
| Retained Earnings | -$75.98M | -$228.67M | -$154.75M | -$300.19M | -$384.79M | -$501.74M | -$763.74M |
| Total Equity | -$72.42M | $65.54M | $381.13M | $380.62M | $348.01M | $443.66M | $801.41M |
| HighlightsNet Cash / (Debt) | $32.90M | $261.34M | $110.34M | — | — | — | — |
| Line item | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | TTM |
|---|---|---|---|---|---|---|---|
| ActivitiesCash from Operating | -$20.63M | -$41.70M | -$44.50M | -$41.38M | -$58.82M | -$42.89M | -$66.47M |
| Cash from Investing | -$215.0K | -$3.47M | -$107.61M | -$5.78M | -$9.27M | -$1.39M | -$2.75M |
| Cash from Financing | $53.59M | $274.55M | -$5.81M | $89.66M | $3.50M | $194.64M | $466.16M |
| SummaryCapital Expenditure | -$223.0K | -$2.07M | -$4.64M | -$4.78M | -$6.77M | -$1.48M | -$1.37M |
| Free Cash Flow | -$20.85M | -$43.77M | -$49.14M | -$46.16M | -$65.59M | -$44.37M | -$67.85M |
| FCF Margin | -175.9% | -184.4% | -129.5% | -58.1% | -78.7% | -96.6% | -185.7% |