| Metric | Q3 FY24 | Q4 FY24 | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Trend |
|---|---|---|---|---|---|---|---|---|---|
| EarningsRevenue | $0 | — | — | — | — | — | — | — | — |
| Operating Profit | -$5.06M | -$4.37M | -$7.87M | -$9.25M | -$10.18M -101.0% | -$11.30M -158.9% | -$14.86M -88.7% | -$21.41M -131.4% | Weakening |
| Net Profit | -$6.78M | -$3.95M | -$8.19M | -$9.47M | -$11.35M -67.5% | -$12.71M -221.8% | -$15.77M -92.6% | -$21.87M -130.9% | Weakening |
| EPS | $-3.94 | — | $-0.74 | $-0.86 | $-1.03 +73.9% | — | $-1.20 -62.2% | $-1.52 -76.7% | Weakening |
| Other Income | — | — | — | — | — | — | — | — | — |
| Interest | — | — | — | — | — | — | — | — | — |
| Depreciation | — | — | — | — | — | — | — | — | — |
| Profit before Tax | -$6.78M | -$3.95M | -$8.19M | -$9.47M | -$11.35M -67.5% | -$12.71M -221.8% | -$15.77M -92.6% | -$21.87M -130.9% | Weakening |
| MarginsOPM | — | — | — | — | — | — | — | — | — |
| Tax | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | — |
| ReturnsROIC | 3.9% | 2.3% | 4.7% | 5.5% | 6.6% +67.5% | 7.3% +221.8% | 9.1% +92.6% | 12.6% +130.9% | Strengthening |
| Line item | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | TTM |
|---|---|---|---|---|---|---|---|---|---|
| AssetsCash & Equivalents | $74.87M | $62.26M | $70.44M | $117.76M | $38.63M | $7.35M | $83.60M | $57.98M | $187.80M |
| Short-Term Investments | — | — | — | — | — | — | — | — | — |
| Total Current Assets | $135.38M | $115.01M | $75.72M | $127.63M | $73.42M | $7.55M | $88.23M | $58.99M | $253.03M |
| Net PP&E | $5.05M | $22.94M | $25.98M | $23.03M | $20.70M | $0 | $0 | $572.0K | $482.0K |
| Goodwill | — | — | — | — | — | — | — | — | — |
| Intangibles | — | — | — | — | — | — | — | — | — |
| Total Assets | $141.34M | $141.10M | $105.01M | $153.56M | $95.49M | $7.55M | $88.23M | $59.56M | $253.51M |
| LiabilitiesTotal Current Liabilities | $48.08M | $27.00M | $22.14M | $50.56M | $36.58M | $2.36M | $12.04M | $11.34M | $11.95M |
| Short-Term Debt | — | — | — | — | — | — | — | — | — |
| Long-Term Debt | — | — | — | — | — | — | — | — | — |
| Long-Term Leases | $0 | $15.48M | $15.93M | $13.84M | $12.24M | $0 | $0 | $431.0K | $318.0K |
| Total Liabilities | $101.41M | $89.75M | $73.98M | $102.81M | $67.56M | $11.43M | $25.63M | $31.58M | $36.64M |
| EquityCommon Stock & APIC | $54.0K | $55.0K | $56.0K | $72.0K | $74.0K | $0 | $11.0K | $12.0K | $14.0K |
| Retained Earnings | -$147.07M | -$174.18M | -$211.41M | -$257.14M | -$290.42M | -$76.30M | -$93.73M | -$135.45M | -$173.09M |
| Total Equity | $39.94M | $51.35M | $31.03M | $50.76M | -$93.78M | -$74.48M | $62.61M | $27.98M | $216.87M |
| HighlightsNet Cash / (Debt) | — | — | — | — | — | — | — | — | — |
| Line item | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | TTM |
|---|---|---|---|---|---|---|---|---|---|
| ActivitiesCash from Operating | -$1.07M | -$52.47M | -$45.90M | -$7.66M | -$59.93M | -$13.70M | -$10.84M | -$25.01M | -$36.51M |
| Cash from Investing | -$8.88M | $9.84M | $39.21M | -$949.0K | -$21.24M | $12.00M | — | — | — |
| Cash from Financing | $48.51M | $32.17M | $10.12M | $59.13M | $7.21M | $5.00M | $87.09M | -$660.0K | $216.20M |
| SummaryCapital Expenditure | -$1.70M | -$2.46M | -$2.73M | -$949.0K | -$1.04M | -$171.0K | — | — | — |
| Free Cash Flow | -$2.76M | -$54.93M | -$48.62M | -$8.61M | -$60.97M | -$13.87M | — | — | — |
| FCF Margin | -9.5% | -118.7% | -165.8% | -27.4% | -235.4% | -32.4% | — | — | — |