| Metric | Q3 FY24 | Q4 FY24 | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Trend |
|---|---|---|---|---|---|---|---|---|---|
| EarningsRevenue | $16.35M | $29.66M | $28.52M | $39.50M | $49.50M +202.7% | $57.58M +94.1% | $58.30M +104.4% | $74.27M +88.0% | Strengthening |
| Operating Profit | -$70.80M | -$59.42M | -$78.86M | -$59.92M | -$15.27M +78.4% | -$5.93M +90.0% | -$15.48M +80.4% | -$3.96M +93.4% | Strengthening |
| Net Profit | -$85.58M | -$74.45M | -$94.32M | -$75.81M | -$29.97M +65.0% | -$21.15M +71.6% | -$30.37M +67.8% | -$17.58M +76.8% | Strengthening |
| EPS | $-1.32 | — | $-1.31 | $-1.05 | $-0.41 +68.9% | — | $-0.37 +71.8% | $-0.21 +80.0% | Strengthening |
| Other Income | -$14.78M | -$15.03M | -$15.45M | -$15.89M | -$14.70M +0.5% | -$15.22M -1.2% | -$14.89M +3.6% | -$13.62M +14.3% | Strengthening |
| Interest | $18.48M | $18.59M | $18.07M | $17.52M | $16.11M -12.9% | $16.42M -11.7% | $15.80M -12.6% | $15.10M -13.8% | Weakening |
| Depreciation | — | — | — | — | — | — | — | — | — |
| Profit before Tax | — | — | — | — | — | — | — | — | — |
| MarginsOPM | -432.9% | -200.3% | -276.5% | -151.7% | -30.9% +92.9% | -10.3% +94.9% | -26.6% +90.4% | -5.3% +96.5% | Strengthening |
| Tax | — | — | — | — | — | — | — | — | — |
| ReturnsROIC | 5.6% | 4.9% | 6.2% | 4.9% | 2.0% -65.0% | 1.4% -71.6% | 2.0% -67.8% | 1.1% -76.8% | Weakening |
| Line item | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | TTM |
|---|---|---|---|---|---|---|---|---|---|
| AssetsCash & Equivalents | $879.0K | $243.76M | $287.50M | $183.26M | $155.38M | $381.39M | $297.26M | $129.97M | $182.48M |
| Short-Term Investments | — | — | — | — | — | — | — | — | — |
| Total Current Assets | $902.0K | $255.60M | $291.37M | $186.53M | $160.51M | $397.43M | $360.13M | $228.97M | $295.92M |
| Net PP&E | — | $1.40M | $3.36M | $2.56M | $3.49M | $3.62M | $2.09M | $3.67M | $3.38M |
| Goodwill | — | — | — | — | — | — | — | — | — |
| Intangibles | — | — | — | — | — | — | — | — | — |
| Total Assets | $902.0K | $257.18M | $295.11M | $189.43M | $164.81M | $413.84M | $378.32M | $259.15M | $327.07M |
| LiabilitiesTotal Current Liabilities | $2.19M | $3.75M | $55.52M | $18.92M | $26.24M | $38.78M | $85.73M | $132.04M | $153.78M |
| Short-Term Debt | — | — | $7.35M | — | $0 | $0 | $0 | $0 | $0 |
| Long-Term Debt | — | $22.78M | $39.63M | $89.67M | $95.26M | $137.84M | $201.41M | $209.09M | $164.59M |
| Long-Term Leases | — | $635.0K | $1.56M | $1.18M | $1.10M | $462.0K | $0 | $2.06M | $1.85M |
| Total Liabilities | $2.19M | $29.22M | $100.84M | $117.28M | $239.62M | $486.60M | $631.90M | $697.32M | $671.35M |
| EquityCommon Stock & APIC | — | $2.0K | $3.0K | $3.0K | $3.0K | $5.0K | $6.0K | $6.0K | $8.0K |
| Retained Earnings | -$1.29M | -$256.42M | -$385.49M | -$529.37M | -$727.09M | -$928.68M | -$1.26B | -$1.48B | -$1.53B |
| Total Equity | -$1.29M | $227.96M | $194.27M | $72.16M | -$74.81M | -$72.76M | -$253.58M | -$438.17M | -$344.27M |
| HighlightsNet Cash / (Debt) | — | — | $240.51M | — | $60.12M | $243.55M | $95.85M | -$79.11M | $17.89M |
| Line item | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | TTM |
|---|---|---|---|---|---|---|---|---|---|
| ActivitiesCash from Operating | -$1.02M | -$36.51M | -$69.69M | -$148.46M | -$146.53M | -$137.58M | -$266.77M | -$166.78M | -$36.69M |
| Cash from Investing | — | -$25.25M | -$1.04M | -$328.0K | -$1.04M | -$1.63M | -$135.0K | -$229.0K | -$219.0K |
| Cash from Financing | $1.90M | $304.65M | $114.46M | $44.71M | $120.04M | $367.58M | $182.77M | -$288.0K | $69.82M |
| SummaryCapital Expenditure | — | -$132.0K | -$1.04M | -$328.0K | -$1.04M | -$1.63M | -$135.0K | -$229.0K | -$219.0K |
| Free Cash Flow | — | -$36.64M | -$70.73M | -$148.78M | -$147.57M | -$139.21M | -$266.90M | -$167.00M | -$36.91M |
| FCF Margin | — | — | — | — | — | -20412.6% | -483.1% | -95.4% | -15.4% |