| Metric | Q3 FY24 | Q4 FY24 | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Trend |
|---|---|---|---|---|---|---|---|---|---|
| EarningsRevenue | $1.87M | $826.0K | $238.5K | $1.26M | $1.30M -30.5% | $586.3K -29.0% | $359.4K +50.7% | $583.1K -53.8% | Weakening |
| Operating Profit | -$3.17M | -$5.09M | -$6.07M | -$5.29M | -$5.63M -77.5% | -$11.01M -116.5% | -$5.47M +9.9% | -$5.69M -7.6% | Weakening |
| Net Profit | -$3.90M | -$5.67M | -$6.41M | -$5.63M | -$6.03M -54.6% | -$11.40M -100.9% | -$5.21M +18.8% | -$4.78M +15.0% | Weakening |
| EPS | $-0.93 | — | $-0.35 | $-0.31 | $-0.24 +74.2% | — | $-0.08 +77.1% | $-0.06 +80.6% | Strengthening |
| Other Income | — | — | — | — | — | — | — | — | — |
| Interest | $642.4K | $324.2K | $75.4K | $2.5K | $1.1K -99.8% | $11.1K -96.6% | $879 -98.8% | $879 -65.5% | Weakening |
| Depreciation | — | — | — | — | — | — | — | — | — |
| Profit before Tax | -$3.90M | -$5.67M | -$6.41M | -$5.63M | -$6.03M -54.6% | -$11.40M -100.9% | -$5.21M +18.8% | -$4.78M +15.0% | Weakening |
| MarginsOPM | -169.7% | -616.0% | -2546.4% | -419.5% | -433.8% -155.6% | -1878.5% -205.0% | -1522.0% +40.2% | -976.2% -132.7% | Weakening |
| Tax | — | — | — | — | — | — | — | — | — |
| ReturnsROIC | 3.9% | 5.7% | 6.4% | 5.6% | 6.0% +54.6% | 11.4% +100.9% | 5.2% -18.8% | 4.8% -15.0% | Strengthening |
| Line item | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | TTM |
|---|---|---|---|---|---|---|---|
| AssetsCash & Equivalents | $20.2K | $13.71M | — | — | — | — | — |
| Short-Term Investments | — | — | — | — | — | — | — |
| Total Current Assets | $582.6K | $16.01M | $7.45M | $9.20M | $22.25M | $50.69M | $172.82M |
| Net PP&E | $1.25M | $1.28M | $2.80M | $9.69M | $15.01M | $14.89M | $21.43M |
| Goodwill | — | — | — | — | — | — | — |
| Intangibles | — | — | — | $398.1K | $398.1K | $398.1K | $398.1K |
| Total Assets | $1.84M | $17.30M | $10.30M | $19.35M | $37.75M | $66.09M | $194.80M |
| LiabilitiesTotal Current Liabilities | $8.10M | $3.81M | $6.36M | $12.22M | $14.21M | $15.02M | $5.19M |
| Short-Term Debt | — | — | — | — | — | — | — |
| Long-Term Debt | — | — | — | — | — | — | — |
| Long-Term Leases | $185.2K | $262.5K | $63.3K | — | — | $434.7K | $766.9K |
| Total Liabilities | $8.43M | $6.64M | $6.42M | $12.22M | $14.21M | $15.46M | $5.96M |
| EquityCommon Stock & APIC | — | — | — | — | — | — | — |
| Retained Earnings | -$11.67M | -$15.42M | -$28.26M | -$42.79M | -$60.35M | -$89.83M | -$99.82M |
| Total Equity | -$6.59M | $10.66M | $3.88M | $7.13M | $23.54M | $50.64M | $188.84M |
| HighlightsNet Cash / (Debt) | — | — | — | — | — | — | — |
| Line item | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | TTM |
|---|---|---|---|---|---|---|---|
| ActivitiesCash from Operating | -$1.59M | -$2.48M | -$12.09M | -$11.75M | -$15.83M | -$18.15M | -$19.42M |
| Cash from Investing | -$4.5K | -$217.8K | -$2.10M | -$7.69M | -$7.47M | -$8.17M | -$11.15M |
| Cash from Financing | $1.55M | $16.39M | $2.78M | $18.36M | $37.79M | $53.80M | $193.46M |
| SummaryCapital Expenditure | -$4.5K | -$217.8K | -$2.10M | -$7.21M | -$7.47M | -$8.17M | -$11.15M |
| Free Cash Flow | -$1.59M | -$2.70M | -$14.19M | -$18.96M | -$23.30M | -$26.33M | -$30.57M |
| FCF Margin | -88.1% | -191.8% | -194.6% | -317.9% | -498.6% | -778.0% | -1081.5% |