| Metric | Q3 FY24 | Q4 FY24 | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Trend |
|---|---|---|---|---|---|---|---|---|---|
| EarningsRevenue | $4.03M | $4.00M | $4.21M | $4.05M | $4.12M +2.2% | $4.20M +5.0% | $2.79M -33.6% | $3.10M -23.4% | Weakening |
| Operating Profit | -$24.32M | -$23.49M | -$20.73M | -$20.53M | -$19.35M +20.5% | -$17.39M +26.0% | -$17.26M +16.8% | -$16.84M +18.0% | Strengthening |
| Net Profit | -$21.33M | -$21.74M | -$19.95M | -$19.42M | -$18.23M +14.5% | -$15.99M +26.4% | -$16.84M +15.6% | -$16.90M +13.0% | Strengthening |
| EPS | $-0.35 | — | — | — | — | — | — | — | — |
| Other Income | $3.00M | $1.84M | $884.0K | $1.15M | $1.14M -62.1% | $1.42M -23.0% | $429.0K -51.5% | -$49.0K -104.2% | Weakening |
| Interest | — | — | — | — | — | — | — | — | — |
| Depreciation | — | — | — | — | — | — | — | — | — |
| Profit before Tax | -$21.33M | -$21.64M | -$19.85M | -$19.38M | -$18.21M +14.6% | -$15.97M +26.2% | -$16.83M +15.2% | -$16.89M +12.8% | Strengthening |
| MarginsOPM | -603.3% | -587.2% | -493.0% | -506.8% | -469.4% +22.2% | -413.8% +29.5% | -617.8% -25.3% | -542.9% -7.1% | Stable |
| Tax | 0.0% | -0.5% | -0.5% | -0.3% | -0.1% | -0.2% +60.0% | -0.1% +88.2% | -0.1% +80.0% | Strengthening |
| ReturnsROIC | 4.3% | 4.4% | 4.0% | 3.9% | 3.6% -14.5% | 3.2% -26.4% | 3.4% -15.6% | 3.4% -13.0% | Weakening |
| Line item | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | TTM |
|---|---|---|---|---|---|---|---|
| AssetsCash & Equivalents | $333.58M | $232.81M | $53.21M | $32.50M | $40.75M | $47.28M | $26.07M |
| Short-Term Investments | — | — | — | — | — | — | — |
| Total Current Assets | $433.13M | $411.70M | $434.98M | $330.51M | $253.32M | $201.53M | $166.10M |
| Net PP&E | $8.44M | $33.23M | $46.41M | $47.37M | $41.37M | $35.24M | $31.46M |
| Goodwill | — | — | — | — | — | — | — |
| Intangibles | — | — | — | — | — | — | — |
| Total Assets | $442.32M | $539.14M | $487.93M | $436.27M | $366.60M | $296.08M | $256.64M |
| LiabilitiesTotal Current Liabilities | $8.09M | $13.42M | $12.58M | $13.22M | $15.33M | $15.69M | $11.27M |
| Short-Term Debt | — | — | — | — | — | — | — |
| Long-Term Debt | — | — | — | — | — | — | — |
| Long-Term Leases | $0 | $22.46M | $28.03M | $25.96M | $23.65M | $21.08M | $19.68M |
| Total Liabilities | $10.71M | $36.22M | $40.94M | $39.37M | $39.03M | $36.78M | $30.96M |
| EquityCommon Stock & APIC | — | — | — | — | — | — | — |
| Retained Earnings | -$55.36M | -$126.53M | -$219.50M | -$305.77M | -$392.37M | -$465.97M | -$499.71M |
| Total Equity | $431.61M | $502.92M | $446.99M | $396.90M | $327.57M | $259.31M | $225.68M |
| HighlightsNet Cash / (Debt) | — | — | — | — | — | — | — |
| Line item | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | TTM |
|---|---|---|---|---|---|---|---|
| ActivitiesCash from Operating | -$20.83M | -$46.35M | -$60.78M | -$59.06M | -$46.11M | -$44.45M | -$43.38M |
| Cash from Investing | -$34.56M | -$170.88M | -$122.72M | $37.90M | $65.86M | $61.55M | $36.18M |
| Cash from Financing | $371.49M | $116.63M | $3.89M | $452.0K | -$11.49M | -$10.57M | -$4.66M |
| SummaryCapital Expenditure | -$4.53M | -$6.92M | -$10.27M | -$7.31M | -$3.58M | -$1.80M | -$854.0K |
| Free Cash Flow | -$25.36M | -$53.27M | -$71.05M | -$66.37M | -$49.69M | -$46.24M | -$44.23M |
| FCF Margin | -3866.2% | -805.0% | -458.6% | -398.4% | -350.7% | -279.0% | -311.1% |