| Metric | Q3 FY24 | Q4 FY24 | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Trend |
|---|---|---|---|---|---|---|---|---|---|
| EarningsRevenue | $1.87M | $2.31M | $15.00M | $3.10M | $3.74M +99.9% | $2.75M +19.2% | $2.86M -80.9% | $3.08M -0.6% | Weakening |
| Operating Profit | -$20.64M | -$20.23M | -$11.29M | -$26.50M | -$27.74M -34.4% | -$34.84M -72.2% | -$54.73M -384.7% | -$53.28M -101.0% | Weakening |
| Net Profit | -$22.71M | -$86.08M | -$5.42M | -$167.33M | -$139.99M -516.4% | -$42.33M +50.8% | -$18.36M -238.6% | -$48.03M +71.3% | Weakening |
| EPS | $-0.11 | — | $-0.02 | $-0.55 | $-0.41 -272.7% | — | $-0.05 -150.0% | $-0.13 +76.4% | Weakening |
| Other Income | -$2.08M | -$65.84M | $5.87M | -$140.83M | -$112.25M -5307.0% | -$7.49M +88.6% | $7.92M +34.9% | $5.26M | Strengthening |
| Interest | — | — | $226.0K | $206.0K | — | — | $259.0K +14.6% | $255.0K +23.8% | Strengthening |
| Depreciation | — | — | — | — | — | — | — | — | — |
| Profit before Tax | — | — | -$5.42M | -$167.33M | — | — | -$46.81M -763.5% | -$48.02M +71.3% | Weakening |
| MarginsOPM | -1103.5% | -876.2% | -75.3% | -856.3% | -741.8% +32.8% | -1266.0% -44.5% | -1914.9% -2444.0% | -1732.0% -102.3% | Weakening |
| Tax | — | — | 0.0% | 0.0% | — | — | 60.8% | -0.0% | — |
| ReturnsROIC | 1.7% | 6.6% | 0.4% | 12.9% | 10.8% +516.4% | 3.3% -50.8% | 1.4% +238.6% | 3.7% -71.3% | Strengthening |
| Line item | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | TTM |
|---|---|---|---|---|---|---|---|
| AssetsCash & Equivalents | $21.34M | $9.48M | $7.07M | $41.31M | $177.98M | $635.35M | $296.64M |
| Short-Term Investments | — | — | — | — | $0 | $249.13M | $249.57M |
| Total Current Assets | $29.62M | $16.02M | $13.93M | $47.05M | $185.04M | $896.23M | $560.59M |
| Net PP&E | — | $11.83M | $11.43M | $10.77M | $11.39M | $14.36M | $34.12M |
| Goodwill | — | — | — | — | — | $0 | $342.59M |
| Intangibles | — | $272.0K | $244.0K | $179.0K | $490.0K | $915.0K | $211.82M |
| Total Assets | $35.80M | $29.47M | $26.95M | $59.36M | $199.85M | $915.81M | $1.16B |
| LiabilitiesTotal Current Liabilities | $11.97M | $10.45M | $16.04M | $11.25M | $30.14M | $21.15M | $27.29M |
| Short-Term Debt | — | $220.0K | $1.86M | — | — | — | — |
| Long-Term Debt | $1.61M | $30.31M | $31.17M | $63.85M | $30.13M | $35.83M | $34.89M |
| Long-Term Leases | — | $6.99M | $7.30M | $7.03M | $6.39M | $6.05M | $11.83M |
| Total Liabilities | $15.02M | $47.82M | $56.41M | $83.84M | $137.21M | $63.58M | $75.32M |
| EquityCommon Stock & APIC | — | $0 | $11.0K | $16.0K | $27.0K | $35.0K | $37.0K |
| Retained Earnings | -$305.67M | -$346.64M | -$400.35M | -$483.06M | -$626.94M | -$982.00M | -$1.05B |
| Total Equity | $20.78M | -$18.36M | -$29.46M | -$24.48M | $62.65M | $852.23M | $1.08B |
| HighlightsNet Cash / (Debt) | — | -$21.05M | -$25.97M | — | — | — | — |
| Line item | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | TTM |
|---|---|---|---|---|---|---|---|
| ActivitiesCash from Operating | -$29.29M | -$34.80M | -$45.23M | -$60.65M | -$42.64M | -$71.98M | -$110.88M |
| Cash from Investing | -$789.0K | -$2.00M | -$498.0K | -$630.0K | -$3.14M | -$251.13M | -$511.36M |
| Cash from Financing | $43.14M | $24.91M | $43.27M | $95.64M | $182.45M | $779.15M | $99.36M |
| SummaryCapital Expenditure | -$736.0K | -$1.77M | -$423.0K | -$583.0K | -$2.11M | -$3.86M | -$8.20M |
| Free Cash Flow | -$30.02M | -$36.57M | -$45.65M | -$61.23M | -$44.75M | -$75.84M | -$119.08M |
| FCF Margin | -581.8% | -582.5% | -636.4% | -699.2% | -507.0% | -308.5% | -958.4% |