| Metric | Q3 FY24 | Q4 FY24 | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Trend |
|---|---|---|---|---|---|---|---|---|---|
| EarningsRevenue | $871.0K | $761.0K | $1.71M | $1.01M | $860.0K -1.3% | $1.66M +118.3% | $3.54M +106.9% | $5.78M +469.8% | Strengthening |
| Operating Profit | -$7.30M | -$6.48M | -$6.93M | -$8.09M | -$8.06M -10.5% | -$9.31M -43.6% | -$11.92M -72.0% | -$13.41M -65.7% | Weakening |
| Net Profit | -$7.10M | -$52.97M | $22.76M | -$7.49M | -$3.74M +47.3% | -$1.49M +97.2% | -$12.61M -155.4% | -$12.33M -64.6% | Weakening |
| EPS | $-0.27 | — | $0.64 | $-0.20 | $-0.09 +66.7% | — | $-0.28 -143.8% | $-0.27 -35.0% | Weakening |
| Other Income | — | — | — | — | — | — | — | — | — |
| Interest | — | — | — | — | — | — | — | — | — |
| Depreciation | — | — | — | — | — | — | — | — | — |
| Profit before Tax | -$7.09M | -$52.97M | $22.76M | -$7.49M | -$3.74M +47.3% | -$4.03M +92.4% | -$12.61M -155.4% | -$12.33M -64.6% | Weakening |
| MarginsOPM | -838.0% | -852.0% | -405.3% | -797.4% | -937.8% -11.9% | -560.8% +34.2% | -336.9% +16.9% | -231.9% +70.9% | Strengthening |
| Tax | -0.0% | 0.0% | 0.0% | 0.0% | 0.0% +100.0% | 63.0% | 0.0% | 0.0% | Weakening |
| ReturnsROIC | 1.4% | 10.3% | -4.4% | 1.5% | 0.7% -47.3% | 0.3% -97.2% | 2.4% | 2.4% +64.6% | Weakening |
| Line item | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | TTM |
|---|---|---|---|---|---|---|---|
| AssetsCash & Equivalents | $33.66M | $217.11M | $35.16M | $23.14M | $31.19M | $18.22M | $33.77M |
| Short-Term Investments | — | — | $79.34M | $15.95M | $8.88M | $28.84M | $9.97M |
| Total Current Assets | $36.33M | $228.33M | $129.10M | $45.06M | $42.73M | $52.56M | $52.04M |
| Net PP&E | $1.43M | $7.05M | $18.92M | $14.93M | $13.09M | $17.53M | $17.50M |
| Goodwill | — | — | — | — | $0 | $14.73M | $14.73M |
| Intangibles | — | — | $19.12M | $0 | — | $10.43M | $9.72M |
| Total Assets | $38.05M | $235.82M | $167.63M | $60.43M | $56.25M | $95.71M | $94.39M |
| LiabilitiesTotal Current Liabilities | $3.56M | $6.16M | $10.53M | $8.46M | $4.43M | $5.67M | $8.26M |
| Short-Term Debt | — | — | — | — | — | — | — |
| Long-Term Debt | — | — | — | — | — | — | — |
| Long-Term Leases | — | — | $12.39M | $11.04M | $9.96M | $9.72M | $9.36M |
| Total Liabilities | $5.15M | $21.86M | $23.18M | $19.52M | $65.79M | $21.04M | $23.55M |
| EquityCommon Stock & APIC | $10.0K | $14.0K | $3.0K | $3.0K | $3.0K | $5.0K | $5.0K |
| Retained Earnings | -$63.98M | -$145.49M | -$302.62M | -$418.21M | -$490.83M | -$480.79M | -$505.73M |
| Total Equity | $32.91M | $213.96M | $144.45M | $40.91M | -$9.53M | $74.67M | $70.84M |
| HighlightsNet Cash / (Debt) | — | — | — | — | — | — | — |
| Line item | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | TTM |
|---|---|---|---|---|---|---|---|
| ActivitiesCash from Operating | -$16.88M | -$42.10M | -$65.39M | -$76.62M | -$22.63M | -$27.64M | -$35.20M |
| Cash from Investing | -$950.0K | -$4.69M | -$109.05M | $64.68M | $6.88M | -$24.58M | $27.06M |
| Cash from Financing | $42.30M | $230.24M | -$7.52M | -$82.0K | $23.80M | $39.25M | $21.76M |
| SummaryCapital Expenditure | -$950.0K | -$4.69M | -$1.50M | -$782.0K | -$265.0K | -$713.0K | -$1.51M |
| Free Cash Flow | -$17.83M | -$46.79M | -$66.89M | -$77.40M | -$22.89M | -$28.35M | -$36.70M |
| FCF Margin | -202.3% | -922.0% | -459.1% | -1259.4% | -294.0% | -540.4% | -310.0% |