| Metric | Q3 FY24 | Q4 FY24 | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Trend |
|---|---|---|---|---|---|---|---|---|---|
| EarningsRevenue | — | — | $0 | $0 | — | — | $9.89M | $28.53M | — |
| Operating Profit | -$35.41M | -$33.35M | -$34.97M | -$32.35M | -$26.39M +25.5% | -$29.08M +12.8% | -$17.42M +50.2% | $74.0K | Strengthening |
| Net Profit | -$32.23M | -$31.36M | -$33.46M | -$25.42M | -$30.92M +4.1% | $86.45M | $56.06M | $13.23M | Strengthening |
| EPS | $-0.56 | — | $-0.58 | $-0.43 | $-0.47 +16.1% | — | $0.78 | $0.18 | Strengthening |
| Other Income | — | — | — | — | — | — | — | — | — |
| Interest | $4.05M | $3.18M | $3.65M | $15.0K | -$13.36M -429.6% | $8.73M +174.7% | $5.89M +61.3% | $7.58M +50466.7% | Strengthening |
| Depreciation | — | — | — | — | — | — | — | — | — |
| Profit before Tax | — | — | -$37.56M | -$25.89M | — | — | $51.31M | $6.67M | — |
| MarginsOPM | — | — | — | — | — | — | -176.1% | 0.3% | — |
| Tax | — | — | 0.0% | 0.0% | — | — | 0.1% | 0.4% | — |
| ReturnsROIC | 3.8% | 3.7% | 4.0% | 3.0% | 3.7% -4.1% | -10.2% -375.7% | -6.6% -267.5% | -1.6% -152.0% | Weakening |
| Line item | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | TTM |
|---|---|---|---|---|---|---|---|---|---|
| AssetsCash & Equivalents | $5.86M | $3.08M | $10.50M | $100.81M | $11.01M | $7.11M | $3.40M | $9.66M | $1.99M |
| Short-Term Investments | — | — | — | — | — | — | — | — | — |
| Total Current Assets | $89.87M | $103.75M | $151.28M | $247.96M | $443.24M | $217.90M | $134.12M | $215.67M | $185.24M |
| Net PP&E | $3.85M | $30.91M | $28.08M | $30.01M | $23.25M | $20.58M | $17.64M | $12.48M | $9.66M |
| Goodwill | — | — | — | — | — | — | — | — | — |
| Intangibles | — | — | — | — | — | — | — | — | — |
| Total Assets | $95.94M | $136.97M | $181.04M | $419.27M | $590.97M | $378.27M | $277.08M | $325.63M | $286.83M |
| LiabilitiesTotal Current Liabilities | $37.36M | $55.46M | $36.74M | $51.79M | $136.38M | $53.32M | $79.53M | $78.06M | $94.96M |
| Short-Term Debt | $889.0K | — | — | — | — | — | — | — | — |
| Long-Term Debt | — | $158.21M | $236.29M | $313.46M | $315.29M | $213.16M | $164.90M | $87.90M | — |
| Long-Term Leases | — | $30.77M | $28.03M | $28.81M | $21.97M | $17.42M | $12.22M | $6.52M | — |
| Total Liabilities | $196.09M | $245.99M | $301.79M | $395.49M | $505.29M | $403.25M | $459.69M | $446.86M | $338.18M |
| EquityCommon Stock & APIC | $490.0K | $542.0K | $616.0K | $626.0K | $628.0K | $611.0K | $580.0K | $716.0K | $721.0K |
| Retained Earnings | -$650.13M | -$734.61M | -$872.67M | -$683.13M | -$635.72M | -$753.53M | -$910.35M | -$913.70M | -$844.40M |
| Total Equity | -$100.16M | -$109.02M | -$120.75M | $23.78M | $85.68M | -$24.98M | -$182.61M | -$121.23M | -$51.35M |
| HighlightsNet Cash / (Debt) | — | — | — | — | — | — | — | — | — |
| Line item | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | TTM |
|---|---|---|---|---|---|---|---|---|---|
| ActivitiesCash from Operating | -$103.74M | -$60.07M | -$100.09M | -$109.72M | -$86.48M | $74.73M | -$148.80M | -$116.09M | -$68.67M |
| Cash from Investing | $25.15M | -$3.40M | -$67.03M | $193.71M | -$127.56M | $27.45M | $82.22M | $164.52M | $136.82M |
| Cash from Financing | $81.05M | $60.70M | $174.53M | $6.32M | $124.25M | -$106.08M | $62.88M | -$42.17M | -$68.06M |
| SummaryCapital Expenditure | -$567.0K | -$334.0K | -$283.0K | -$277.0K | -$113.0K | -$426.0K | -$165.0K | -$65.0K | -$56.0K |
| Free Cash Flow | -$104.30M | -$60.41M | -$100.37M | -$110.00M | -$86.60M | $74.30M | -$148.97M | -$116.16M | -$68.73M |
| FCF Margin | -349.2% | -54.0% | -136.0% | — | — | — | — | — | — |