| Metric | Q3 FY24 | Q4 FY24 | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Trend |
|---|---|---|---|---|---|---|---|---|---|
| EarningsRevenue | $25.06M | $30.23M | $23.71M | $25.08M | $24.76M -1.2% | $27.07M -10.5% | $25.46M +7.4% | $40.37M +60.9% | Strengthening |
| Operating Profit | -$32.82M | -$24.22M | -$36.38M | -$26.64M | -$28.14M +14.2% | -$35.49M -46.5% | -$39.10M -7.5% | -$70.78M -165.7% | Weakening |
| Net Profit | -$31.54M | -$236.75M | -$2.65M | -$30.22M | -$16.26M +48.4% | -$32.69M +86.2% | -$30.27M -1042.2% | -$79.14M -161.9% | Weakening |
| EPS | $-0.15 | — | $-0.01 | $-0.12 | $-0.06 +60.0% | — | $-0.12 -1100.0% | $-0.28 -133.3% | Weakening |
| Other Income | — | — | — | — | — | — | — | — | — |
| Interest | — | — | — | — | — | — | — | — | — |
| Depreciation | — | — | — | — | — | — | — | — | — |
| Profit before Tax | -$31.62M | -$238.83M | -$2.62M | -$30.22M | -$16.26M +48.6% | -$32.66M +86.3% | -$30.25M -1055.0% | -$80.75M -167.2% | Weakening |
| MarginsOPM | -131.0% | -80.1% | -153.5% | -106.2% | -113.7% +13.2% | -131.1% -63.6% | -153.6% -0.1% | -175.3% -65.1% | Weakening |
| Tax | 0.3% | 0.9% | -1.2% | — | — | — | -0.1% +93.3% | -0.2% | Strengthening |
| ReturnsROIC | 4.7% | 35.1% | 0.4% | 4.5% | 2.4% -48.4% | 4.9% -86.2% | 4.5% +1042.2% | 11.7% +161.9% | Strengthening |
| Line item | FY21 | FY22 | FY23 | FY24 | FY25 | TTM |
|---|---|---|---|---|---|---|
| AssetsCash & Equivalents | $46.85M | $337.17M | $218.34M | $114.02M | $237.92M | $203.27M |
| Short-Term Investments | — | $1.10M | $1.14M | — | — | — |
| Total Current Assets | $48.97M | $352.36M | $238.00M | $136.13M | $264.55M | $416.61M |
| Net PP&E | $2.80M | $10.20M | $22.16M | $18.82M | $18.05M | $1.06B |
| Goodwill | $662.9K | $662.9K | $10.66M | $10.66M | $10.66M | $415.16M |
| Intangibles | $3.29M | $3.21M | $23.26M | $29.31M | $24.02M | $187.82M |
| Total Assets | $55.80M | $366.98M | $295.71M | $195.31M | $336.85M | $2.12B |
| LiabilitiesTotal Current Liabilities | $7.20M | $15.95M | $33.56M | $216.74M | $45.26M | $196.71M |
| Short-Term Debt | — | — | — | — | — | — |
| Long-Term Debt | — | — | — | — | — | — |
| Long-Term Leases | $1.20M | $835.9K | $1.63M | $799.9K | $633.1K | $102.97M |
| Total Liabilities | $8.64M | $27.35M | $44.09M | $258.43M | $62.00M | $698.47M |
| EquityCommon Stock & APIC | $43.35M | $768.4K | $768.5K | $768.9K | $773.4K | $779.5K |
| Retained Earnings | -$17.38M | -$28.78M | -$145.20M | -$483.57M | -$565.40M | -$674.81M |
| Total Equity | $30.37M | $339.63M | $251.62M | -$63.12M | $274.84M | $1.43B |
| HighlightsNet Cash / (Debt) | — | — | — | — | — | — |
| Line item | FY21 | FY22 | FY23 | FY24 | FY25 | TTM |
|---|---|---|---|---|---|---|
| ActivitiesCash from Operating | -$5.31M | -$32.29M | -$92.91M | -$87.01M | -$70.43M | -$106.20M |
| Cash from Investing | $1.58M | -$10.14M | -$23.77M | -$15.64M | -$26.05M | -$276.6K |
| Cash from Financing | $49.13M | $332.79M | -$2.15M | -$1.67M | $220.39M | $25.53M |
| SummaryCapital Expenditure | -$1.34M | -$8.54M | -$14.57M | -$2.67M | -$4.07M | -$46.90M |
| Free Cash Flow | -$6.65M | -$40.83M | -$107.48M | -$89.68M | -$74.50M | -$153.10M |
| FCF Margin | -70.3% | -103.7% | -132.8% | -93.9% | -74.0% | -130.1% |