| Metric | Q3 FY24 | Q4 FY24 | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Trend |
|---|---|---|---|---|---|---|---|---|---|
| EarningsRevenue | $1.14M | $764.0K | $1.48M | $1.37M | $1.75M +54.2% | -$193.0K -125.3% | $1.53M +3.5% | $1.49M +8.4% | Weakening |
| Operating Profit | -$13.25M | -$13.84M | -$14.50M | -$13.79M | -$17.63M -33.0% | -$17.00M -22.8% | -$17.84M -23.0% | -$16.44M -19.2% | Weakening |
| Net Profit | -$12.97M | -$13.88M | -$15.35M | -$14.74M | -$20.05M -54.6% | -$17.71M -27.6% | -$19.18M -24.9% | -$24.88M -68.8% | Weakening |
| EPS | — | — | $-0.05 | $-0.05 | — | — | $-0.06 -20.0% | $-0.07 -40.0% | Weakening |
| Other Income | $282.0K | $435.0K | -$849.0K | -$944.0K | -$2.43M -960.3% | -$711.0K -263.4% | -$1.34M -57.6% | -$8.43M -793.3% | Weakening |
| Interest | $29.0K | — | $1.26M | $1.28M | $1.31M +4431.0% | $1.33M | $1.32M +5.0% | $4.48M +248.3% | Strengthening |
| Depreciation | — | — | — | — | — | — | — | — | — |
| Profit before Tax | — | — | — | — | — | — | — | — | — |
| MarginsOPM | -1166.5% | -1811.5% | -979.1% | -1004.7% | -1006.0% +13.8% | 8805.7% | -1163.7% -18.8% | -1105.1% -10.0% | Weakening |
| Tax | — | — | — | — | — | — | — | — | — |
| ReturnsROIC | 2.9% | 3.1% | 3.4% | 3.3% | 4.5% +54.6% | 3.9% +27.6% | 4.3% +24.9% | 5.5% +68.8% | Strengthening |
| Line item | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | TTM |
|---|---|---|---|---|---|---|---|---|---|
| AssetsCash & Equivalents | $1.63M | $7.44M | $24.04M | $94.96M | $77.56M | $39.46M | $58.51M | $18.57M | $100.05M |
| Short-Term Investments | — | — | — | — | — | — | — | — | — |
| Total Current Assets | $1.94M | $15.77M | $25.88M | $102.65M | $98.49M | $42.97M | $61.68M | $24.34M | $106.72M |
| Net PP&E | $245.8K | $567.0K | $1.07M | $2.75M | $9.96M | $21.23M | $20.17M | $18.48M | $13.35M |
| Goodwill | — | — | — | — | — | — | — | — | — |
| Intangibles | — | — | — | — | — | — | — | — | — |
| Total Assets | $2.45M | $16.81M | $27.38M | $105.76M | $108.63M | $64.55M | $82.44M | $43.52M | $124.21M |
| LiabilitiesTotal Current Liabilities | $14.11M | $4.54M | $3.61M | $7.00M | $28.53M | $17.09M | $21.59M | $23.04M | $133.08M |
| Short-Term Debt | $7.48M | $0 | $234.0K | $0 | $0 | $0 | $1.33M | $1.25M | $20.0K |
| Long-Term Debt | $1.02M | $1.07M | $1.82M | $1.71M | $2.29M | $2.80M | $27.34M | $27.54M | $1.73M |
| Long-Term Leases | — | $163.2K | $389.0K | $1.23M | $3.59M | $3.57M | $3.31M | $3.49M | $3.04M |
| Total Liabilities | $15.16M | $5.79M | $5.83M | $9.94M | $34.65M | $23.98M | $52.81M | $55.68M | $140.76M |
| EquityCommon Stock & APIC | $49.6K | $527.5K | $1.84M | $2.00M | $2.22M | $2.57M | $2.92M | $3.13M | $3.39M |
| Retained Earnings | $31.24M | -$51.48M | -$73.30M | -$131.67M | -$223.09M | -$286.17M | -$340.22M | -$408.07M | -$452.12M |
| Total Equity | -$12.71M | $11.02M | $21.55M | $91.20M | $73.98M | $40.56M | $29.63M | -$12.17M | -$16.56M |
| HighlightsNet Cash / (Debt) | -$6.87M | $6.37M | $21.98M | $93.25M | $75.27M | $36.66M | $29.84M | -$10.22M | $98.30M |
| Line item | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | TTM |
|---|---|---|---|---|---|---|---|---|---|
| ActivitiesCash from Operating | -$11.63M | -$16.89M | -$14.71M | -$47.94M | -$60.08M | -$62.05M | -$42.14M | -$56.96M | -$60.87M |
| Cash from Investing | -$77.4K | -$2.36M | -$307.0K | -$1.82M | -$16.97M | $3.08M | -$3.38M | -$311.0K | -$148.0K |
| Cash from Financing | $7.18M | $25.07M | $31.61M | $120.68M | $59.48M | $20.88M | $64.86M | $17.33M | $133.86M |
| SummaryCapital Expenditure | -$77.4K | -$30.0K | -$307.0K | -$939.0K | -$4.46M | -$10.48M | -$3.38M | -$185.0K | -$153.0K |
| Free Cash Flow | -$11.71M | -$16.92M | -$15.02M | -$48.88M | -$64.54M | -$72.53M | -$45.53M | -$57.15M | -$61.02M |
| FCF Margin | — | — | -34920.9% | — | -2593.9% | -1201.6% | -1122.7% | -1295.0% | -1332.4% |