| Metric | Q3 FY24 | Q4 FY24 | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Trend |
|---|---|---|---|---|---|---|---|---|---|
| EarningsRevenue | $4.10M | $4.64M | $5.59M | $6.59M | $7.30M +78.2% | $8.06M +73.6% | $8.72M +56.0% | $9.86M +49.6% | Strengthening |
| Operating Profit | -$4.86M | -$5.37M | -$6.82M | -$7.53M | -$7.68M -57.9% | -$6.00M -11.7% | -$6.97M -2.2% | -$6.77M +10.1% | Stable |
| Net Profit | -$18.55M | -$13.50M | -$6.38M | $17.45M | -$1.88M +89.9% | $9.62M | -$5.58M +12.5% | -$1.24M -107.1% | Weakening |
| EPS | $-0.74 | — | $-0.19 | $0.52 | $-0.06 +91.9% | — | $-0.16 +15.8% | $-0.04 -107.7% | Weakening |
| Other Income | -$15.84M | -$10.58M | -$2.30M | $21.88M | $3.03M | $12.74M | -$2.00M +13.1% | $2.40M -89.0% | Weakening |
| Interest | $177.0K | $157.0K | $138.0K | $133.0K | $280.0K +58.2% | $808.0K +414.6% | $1.30M +839.1% | $1.34M +905.3% | Strengthening |
| Depreciation | — | — | — | — | — | — | — | — | — |
| Profit before Tax | — | — | — | — | — | — | — | — | — |
| MarginsOPM | -118.7% | -115.6% | -122.0% | -114.3% | -105.2% +11.4% | -74.4% +35.6% | -79.9% +34.5% | -68.7% +39.9% | Strengthening |
| Tax | — | — | — | — | — | — | — | — | — |
| ReturnsROIC | 35.3% | 25.7% | 12.1% | -33.2% | 3.6% -89.9% | -18.3% -171.3% | 10.6% -12.5% | 2.4% | Weakening |
| Line item | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | TTM |
|---|---|---|---|---|---|---|---|
| AssetsCash & Equivalents | $72.0K | $203.94M | $41.40M | $72.27M | $94.36M | $37.02M | $164.03M |
| Short-Term Investments | — | — | — | — | — | — | — |
| Total Current Assets | — | — | — | — | — | — | — |
| Net PP&E | — | $56.87M | $56.72M | $70.53M | $147.83M | $177.96M | $181.11M |
| Goodwill | — | — | — | — | — | — | — |
| Intangibles | — | — | — | — | — | — | — |
| Total Assets | $140.24M | $303.89M | $331.20M | $402.20M | $556.56M | $593.18M | $822.93M |
| LiabilitiesTotal Current Liabilities | $4.91M | $6.93M | — | — | — | — | — |
| Short-Term Debt | — | — | — | — | — | — | — |
| Long-Term Debt | — | $160.68M | $162.21M | $162.42M | $162.62M | $187.44M | — |
| Long-Term Leases | — | — | — | — | — | — | — |
| Total Liabilities | $22.92M | $232.93M | $232.83M | $269.95M | $396.74M | $421.21M | $658.94M |
| EquityCommon Stock & APIC | — | — | — | — | — | — | — |
| Retained Earnings | -$21.38M | $0 | -$3.18M | -$19.36M | -$64.59M | -$45.77M | -$52.59M |
| Total Equity | -$21.38M | -$18.44M | $98.38M | $132.25M | $159.82M | $171.97M | $163.99M |
| HighlightsNet Cash / (Debt) | — | — | — | — | — | — | — |
| Line item | FY21 | FY22 | FY23 | FY24 | FY25 | TTM |
|---|---|---|---|---|---|---|
| ActivitiesCash from Operating | -$6.62M | -$27.49M | -$7.74M | -$9.10M | -$2.34M | $225.0K |
| Cash from Investing | -$15.99M | -$187.84M | -$16.27M | -$43.91M | -$62.33M | -$103.53M |
| Cash from Financing | $226.47M | $52.79M | $54.87M | $75.09M | $7.33M | $235.23M |
| SummaryCapital Expenditure | -$162.0K | -$1.05M | -$767.0K | -$2.26M | -$9.51M | -$5.71M |
| Free Cash Flow | -$6.78M | -$28.54M | -$8.50M | -$11.36M | -$11.85M | -$5.49M |
| FCF Margin | -429.5% | -1546.9% | -112.2% | -76.9% | -43.0% | -16.2% |