| Metric | Q3 FY24 | Q4 FY24 | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Trend |
|---|---|---|---|---|---|---|---|---|---|
| EarningsRevenue | $1.29M | $1.53M | $1.63M | $3.22M | $9.65M +646.4% | $26.23M +1609.4% | $15.47M +849.3% | $20.19M +527.3% | Strengthening |
| Operating Profit | -$8.44M | -$13.33M | -$12.48M | -$12.65M | -$17.53M -107.7% | -$23.94M -79.5% | -$27.30M -118.8% | -$38.65M -205.6% | Weakening |
| Net Profit | -$12.43M | -$13.33M | -$23.12M | -$13.28M | -$16.02M -28.8% | -$19.66M -47.4% | -$26.55M -14.8% | -$35.26M -165.5% | Weakening |
| EPS | $-0.16 | — | $-0.27 | $-0.15 | $-0.16 +0.0% | — | $-0.22 +18.5% | $-0.26 -73.3% | Weakening |
| Other Income | -$3.99M | — | -$10.64M | -$632.0K | $2.21M | $4.03M | $754.0K | $3.41M | Weakening |
| Interest | — | -$14.6K | — | — | — | — | — | — | — |
| Depreciation | — | — | — | — | — | — | — | — | — |
| Profit before Tax | -$12.43M | — | -$23.12M | -$13.28M | -$15.32M -23.2% | -$19.91M | -$26.55M -14.8% | -$35.24M -165.4% | Weakening |
| MarginsOPM | -653.2% | -868.9% | -765.7% | -392.9% | -181.7% +72.2% | -91.3% +89.5% | -176.5% +77.0% | -191.4% +51.3% | Strengthening |
| Tax | 0.0% | — | 0.0% | 0.0% | -4.5% | 1.3% | -0.0% | -0.1% | Stable |
| ReturnsROIC | 4.8% | 5.2% | 8.9% | 5.1% | 6.2% +28.8% | 7.6% +47.4% | 10.3% +14.8% | 13.6% +165.5% | Strengthening |
| Line item | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | TTM |
|---|---|---|---|---|---|---|---|---|---|
| AssetsCash & Equivalents | $5.8K | — | $236.7K | $277.3K | $4.08M | $3.26M | $6.07M | — | — |
| Short-Term Investments | — | — | — | — | — | $12.81M | — | — | — |
| Total Current Assets | $211.1K | $603.4K | $318.3K | $1.64M | $55.65M | $32.18M | $22.40M | $226.94M | $425.11M |
| Net PP&E | $0 | — | — | — | $1.53M | $4.25M | $3.82M | $20.92M | $32.30M |
| Goodwill | $0 | — | $2.47M | $8.02M | $25.14M | $17.01M | $9.09M | $17.67M | $45.26M |
| Intangibles | — | — | $20.0K | $2.03M | $2.70M | $6.89M | $3.79M | $6.92M | $22.04M |
| Total Assets | $211.1K | $603.4K | $2.81M | $11.69M | $85.08M | $60.74M | $48.54M | $273.68M | $527.49M |
| LiabilitiesTotal Current Liabilities | $68.6K | $790.7K | $829.3K | $4.67M | $5.44M | $4.05M | $3.65M | $14.85M | $28.61M |
| Short-Term Debt | — | — | — | $269.0K | $956.9K | $922.1K | $751.6K | $350.0K | $892.0K |
| Long-Term Debt | — | — | — | — | $973.7K | $401.6K | — | — | $892.0K |
| Long-Term Leases | — | — | — | — | $749.8K | $1.48M | $1.32M | $12.56M | $12.53M |
| Total Liabilities | $68.6K | $790.7K | $1.28M | $6.43M | $5.99M | $5.98M | $4.97M | $27.84M | $56.31M |
| EquityCommon Stock & APIC | $215.2K | $179 | $20.0K | $29.4K | $53.7K | $54.6K | $74.3K | $120.0K | $153.0K |
| Retained Earnings | -$642.1K | -$971.8K | -$2.57M | -$15.81M | -$27.50M | -$57.08M | -$81.13M | -$196.82M | -$258.63M |
| Total Equity | $142.4K | -$187.3K | $1.53M | $5.27M | $79.09M | $54.77M | $43.56M | $245.83M | $471.18M |
| HighlightsNet Cash / (Debt) | — | — | — | — | $2.15M | $14.75M | — | — | — |
| Line item | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | TTM |
|---|---|---|---|---|---|---|---|---|---|
| ActivitiesCash from Operating | -$943.6K | -$753.4K | -$811.6K | -$1.40M | -$16.02M | -$29.20M | — | — | -$107.55M |
| Cash from Investing | -$849.8K | — | $46.3K | -$48.4K | -$46.60M | $29.59M | — | — | -$13.56M |
| Cash from Financing | $1.24M | $686.5K | $498.5K | $1.49M | $66.43M | -$1.22M | — | — | $335.58M |
| SummaryCapital Expenditure | -$974.3K | — | — | — | -$363.7K | -$2.45M | -$259.0K | -$6.65M | -$13.14M |
| Free Cash Flow | -$1.92M | — | — | — | -$16.38M | -$31.65M | — | — | -$120.69M |
| FCF Margin | -1824.4% | — | — | — | -254.8% | -684.9% | — | — | -297.9% |