| Metric | Q3 FY24 | Q4 FY24 | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Trend |
|---|---|---|---|---|---|---|---|---|---|
| EarningsRevenue | $24.56M | $17.77M | $21.90M | $25.21M | $27.37M +11.4% | $30.01M +68.9% | $29.11M +32.9% | $30.99M +22.9% | Strengthening |
| Operating Profit | -$20.99M | -$24.23M | -$15.47M | -$15.98M | -$16.27M +22.5% | -$16.19M +33.2% | -$8.75M +43.4% | -$21.57M -34.9% | Strengthening |
| Net Profit | -$21.11M | -$25.00M | -$17.14M | -$17.92M | -$17.44M +17.4% | -$17.90M +28.4% | -$10.95M +36.2% | -$24.48M -36.6% | Strengthening |
| EPS | $-1.20 | — | $-1.05 | $-1.16 | $-1.14 +5.0% | — | $-0.69 +34.3% | $-1.52 -31.0% | Stable |
| Other Income | — | — | — | — | — | — | — | — | — |
| Interest | $3.77M | $3.79M | $3.80M | $3.81M | $3.81M +1.2% | $3.83M +1.1% | $3.84M +1.3% | $3.86M +1.4% | Stable |
| Depreciation | — | — | — | — | — | — | — | — | — |
| Profit before Tax | -$21.08M | -$25.07M | -$17.10M | -$17.94M | -$17.40M +17.5% | -$17.85M +28.8% | -$10.87M +36.4% | -$24.38M -35.9% | Strengthening |
| MarginsOPM | -85.5% | -136.4% | -70.7% | -63.4% | -59.4% +30.4% | -54.0% +60.4% | -30.1% +57.5% | -69.6% -9.8% | Strengthening |
| Tax | -0.1% | 0.3% | -0.2% | 0.1% | -0.2% -53.3% | -0.3% -187.1% | -0.7% -195.7% | -0.4% -454.5% | Weakening |
| ReturnsROIC | 1.9% | 2.2% | 1.5% | 1.6% | 1.5% -17.4% | 1.6% -28.4% | 1.0% -36.2% | 2.2% +36.6% | Weakening |
| Line item | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | TTM |
|---|---|---|---|---|---|---|---|---|---|
| AssetsCash & Equivalents | $22.54M | $25.63M | $262.73M | $241.33M | $362.52M | $302.03M | $271.92M | $194.51M | $163.99M |
| Short-Term Investments | — | — | — | — | — | — | — | — | — |
| Total Current Assets | — | $35.09M | $273.22M | $589.86M | $501.68M | $314.69M | $303.15M | $216.48M | $188.97M |
| Net PP&E | — | $3.65M | $5.29M | $24.50M | $3.46M | $14.55M | $16.59M | $21.86M | $24.79M |
| Goodwill | — | — | $0 | $85.87M | $0 | — | — | — | — |
| Intangibles | — | — | $0 | $79.14M | $0 | — | — | $0 | $2.97M |
| Total Assets | — | $38.86M | $282.42M | $1.02B | $621.29M | $395.83M | $374.27M | $293.45M | $271.69M |
| LiabilitiesTotal Current Liabilities | — | $10.48M | $55.35M | $99.82M | $49.49M | $49.86M | $65.91M | $180.71M | $183.86M |
| Short-Term Debt | — | — | — | $0 | — | — | $0 | $127.59M | $128.65M |
| Long-Term Debt | — | $9.63M | $0 | $278.89M | $272.78M | $123.94M | $125.65M | $0 | $0 |
| Long-Term Leases | — | — | — | $13.57M | $11.94M | $10.57M | $9.34M | $665.0K | $3.10M |
| Total Liabilities | — | $20.19M | $233.63M | $411.96M | $342.89M | $185.34M | $201.23M | $181.63M | $187.23M |
| EquityCommon Stock & APIC | — | $29.0K | $37.0K | $40.0K | $1.0K | $1.0K | $1.0K | $1.0K | $1.0K |
| Retained Earnings | — | -$90.26M | -$246.31M | -$434.23M | -$873.11M | -$974.47M | -$1.02B | -$1.09B | -$1.13B |
| Total Equity | $1.08M | $14.24M | $48.79M | $609.16M | $278.40M | $210.49M | $173.04M | $111.82M | $84.47M |
| HighlightsNet Cash / (Debt) | — | — | — | -$37.56M | — | — | $146.27M | $66.92M | $35.34M |
| Line item | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | TTM |
|---|---|---|---|---|---|---|---|---|---|
| ActivitiesCash from Operating | -$16.95M | -$21.94M | -$56.23M | -$180.15M | -$179.60M | -$71.76M | -$7.07M | -$68.93M | -$61.84M |
| Cash from Investing | -$867.0K | -$3.22M | -$3.25M | -$643.92M | $311.39M | $168.30M | -$1.38M | -$6.14M | -$6.92M |
| Cash from Financing | $33.33M | $31.17M | $296.58M | $802.68M | -$10.61M | -$149.95M | -$21.65M | -$10.97M | -$5.14M |
| SummaryCapital Expenditure | -$867.0K | -$3.22M | -$3.25M | -$3.24M | -$1.89M | -$13.24M | -$668.0K | -$1.40M | $355.0K |
| Free Cash Flow | -$17.82M | -$25.16M | -$59.48M | -$183.39M | -$181.49M | -$84.99M | -$7.74M | -$70.33M | -$61.48M |
| FCF Margin | -35.1% | -21.0% | -26.0% | -48.2% | -67.3% | -55.9% | -8.3% | -67.3% | -52.3% |