| Metric | Q3 FY24 | Q4 FY24 | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Trend |
|---|---|---|---|---|---|---|---|---|---|
| EarningsRevenue | $2.82M | $3.22M | $3.39M | $4.44M | $3.63M +29.0% | $6.25M +93.8% | $6.11M +80.3% | $15.92M +258.5% | Strengthening |
| Operating Profit | -$11.50M | -$11.44M | -$9.52M | -$6.29M | -$8.08M +29.7% | -$7.14M +37.6% | -$6.36M +33.1% | $266.0K | Strengthening |
| Net Profit | -$12.09M | -$70.90M | -$32.58M | -$6.65M | $3.97M | $30.48M | -$118.30M -263.1% | -$20.05M -201.4% | Weakening |
| EPS | $-0.13 | — | $-0.34 | $-0.06 | $0.04 | — | $-0.84 -147.1% | $-0.13 -116.7% | Weakening |
| Other Income | -$313.0K | -$58.68M | -$22.35M | -$407.0K | $12.17M | $37.50M | -$111.90M -400.7% | -$18.38M -4415.0% | Weakening |
| Interest | — | — | — | — | — | — | — | — | — |
| Depreciation | — | — | — | — | — | — | — | — | — |
| Profit before Tax | -$11.81M | -$70.11M | -$31.87M | -$6.69M | $4.09M | $30.36M | -$118.26M -271.1% | -$18.11M -170.6% | Weakening |
| MarginsOPM | -408.1% | -354.7% | -280.9% | -141.6% | -222.5% +45.5% | -114.3% +67.8% | -104.2% +62.9% | 1.7% | Strengthening |
| Tax | -2.4% | -1.1% | -2.2% | 0.6% | 2.9% | -0.4% +64.6% | -0.0% +98.7% | -10.7% -1885.0% | Weakening |
| ReturnsROIC | 2.2% | 13.1% | 6.0% | 1.2% | -0.7% -132.8% | -5.6% -143.0% | 21.8% +263.1% | 3.7% +201.4% | Strengthening |
| Line item | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | TTM |
|---|---|---|---|---|---|---|---|
| AssetsCash & Equivalents | $17.27M | $8.53M | $76.53M | $23.48M | $22.49M | $94.43M | $112.81M |
| Short-Term Investments | — | — | — | — | — | — | — |
| Total Current Assets | — | $12.42M | $81.24M | $26.55M | $27.86M | $115.17M | $139.59M |
| Net PP&E | $1.40M | $35.48M | $56.15M | $44.33M | $28.11M | $31.70M | $40.15M |
| Goodwill | — | — | — | — | — | — | — |
| Intangibles | — | — | — | — | — | — | — |
| Total Assets | — | $49.92M | $143.85M | $76.38M | $61.69M | $151.30M | $196.25M |
| LiabilitiesTotal Current Liabilities | — | $283.71M | $30.07M | $21.39M | $34.62M | $22.50M | $59.75M |
| Short-Term Debt | — | $108.47M | $0 | — | — | — | — |
| Long-Term Debt | — | $108.47M | — | — | — | — | — |
| Long-Term Leases | — | $2.08M | $6.06M | $1.79M | $516.0K | $6.10M | $5.49M |
| Total Liabilities | — | $289.35M | $37.66M | $24.71M | $114.72M | $90.78M | $162.37M |
| EquityCommon Stock & APIC | — | $0 | $0 | $0 | — | — | — |
| Retained Earnings | — | -$186.17M | -$222.81M | -$283.83M | -$400.11M | -$404.89M | -$543.24M |
| Total Equity | -$25.83M | -$260.74M | $106.20M | $51.67M | -$53.03M | $60.53M | $33.88M |
| HighlightsNet Cash / (Debt) | — | -$208.41M | — | — | — | — | — |
| Line item | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | TTM |
|---|---|---|---|---|---|---|---|
| ActivitiesCash from Operating | -$11.17M | -$28.44M | -$68.46M | -$49.57M | -$35.89M | -$26.89M | -$26.29M |
| Cash from Investing | -$15.77M | -$11.23M | -$30.85M | -$14.44M | -$5.03M | -$7.38M | -$7.54M |
| Cash from Financing | $18.15M | $28.64M | $164.34M | -$83.0K | $37.45M | $112.51M | $123.42M |
| SummaryCapital Expenditure | -$15.79M | -$11.23M | -$27.25M | -$14.88M | -$5.04M | -$7.38M | -$15.87M |
| Free Cash Flow | -$26.96M | -$39.67M | -$95.71M | -$64.46M | -$40.93M | -$34.26M | -$42.17M |
| FCF Margin | — | -934.1% | -1592.0% | -639.8% | -318.0% | -193.5% | -132.2% |