| Metric | Q3 FY24 | Q4 FY24 | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Trend |
|---|---|---|---|---|---|---|---|---|---|
| EarningsRevenue | $475.0K | $34.22M | $13.38M | $8.05M | $8.24M +1635.2% | $1.81M -94.7% | $565.0K -95.8% | $75.0K -99.1% | Weakening |
| Operating Profit | -$41.02M | -$11.86M | -$35.33M | -$43.08M | -$538.44M -1212.7% | -$72.72M -513.4% | -$57.52M -62.8% | -$64.00M -48.6% | Weakening |
| Net Profit | -$17.46M | -$74.97M | -$14.01M | -$17.64M | -$273.32M -1465.5% | -$50.83M +32.2% | -$44.02M -214.3% | -$47.54M -169.5% | Weakening |
| EPS | $-0.18 | — | $-0.11 | $-0.13 | $-1.85 -927.8% | — | $-0.14 -27.3% | $-0.13 +0.0% | Weakening |
| Other Income | — | — | — | — | — | — | — | — | — |
| Interest | — | — | — | — | — | — | — | — | — |
| Depreciation | — | — | — | — | — | — | — | — | — |
| Profit before Tax | -$45.54M | -$178.39M | -$30.05M | -$37.61M | -$532.65M -1069.6% | -$63.81M +64.2% | -$46.69M -55.3% | -$50.06M -33.1% | Weakening |
| MarginsOPM | -8635.6% | -34.6% | -264.1% | -534.9% | -6532.9% +24.3% | -4022.2% -11511.5% | -10181.2% -3754.6% | -85337.3% -15853.6% | Weakening |
| Tax | -0.0% | -1.1% | — | — | — | — | — | — | — |
| ReturnsROIC | 2.1% | 9.1% | 1.7% | 2.1% | 33.2% +1465.5% | 6.2% -32.2% | 5.3% +214.3% | 5.8% +169.5% | Strengthening |
| Line item | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | TTM |
|---|---|---|---|---|---|---|---|
| AssetsCash & Equivalents | $1.91M | $77.09M | $217.69M | $120.27M | $401.56M | $836.42M | $766.46M |
| Short-Term Investments | — | — | — | — | — | — | — |
| Total Current Assets | $2.14M | $86.07M | $284.42M | $154.55M | $471.14M | $1.27B | $1.10B |
| Net PP&E | — | $6.23M | $8.64M | $6.68M | $2.42M | $3.55M | $9.58M |
| Goodwill | — | $8.26M | $8.26M | $8.26M | $8.26M | $8.26M | $8.26M |
| Intangibles | — | $1.24M | $1.06M | $882.0K | $704.0K | $527.0K | $438.0K |
| Total Assets | $234.45M | $121.20M | $348.63M | $224.86M | $544.67M | $1.41B | $2.05B |
| LiabilitiesTotal Current Liabilities | $49.9K | $48.41M | $38.56M | $87.46M | $89.72M | $296.06M | $29.07M |
| Short-Term Debt | — | — | — | — | — | — | — |
| Long-Term Debt | — | — | — | — | — | — | — |
| Long-Term Leases | — | $211.0K | $2.79M | $1.44M | — | $1.10M | $5.94M |
| Total Liabilities | $41.76M | $52.80M | $71.55M | $95.52M | $91.55M | $298.96M | $35.54M |
| EquityCommon Stock & APIC | — | — | — | — | — | — | — |
| Retained Earnings | -$39.62M | -$781.62M | -$182.09M | -$240.45M | -$377.08M | -$732.87M | -$824.42M |
| Total Equity | -$39.61M | $66.26M | $114.68M | $93.46M | $618.70M | $1.17B | $2.06B |
| HighlightsNet Cash / (Debt) | — | — | — | — | — | — | — |
| Line item | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | TTM |
|---|---|---|---|---|---|---|---|
| ActivitiesCash from Operating | -$47.23M | -$99.16M | -$148.61M | -$183.25M | -$108.67M | -$459.61M | -$776.36M |
| Cash from Investing | -$3.53M | -$1.95M | -$52.33M | $48.27M | -$39.85M | -$411.26M | -$936.78M |
| Cash from Financing | $38.49M | $173.34M | $368.06M | $16.13M | $429.81M | $1.31B | $2.19B |
| SummaryCapital Expenditure | -$3.53M | -$1.95M | -$2.33M | -$1.73M | -$44.0K | -$508.0K | -$2.46M |
| Free Cash Flow | -$50.76M | -$101.11M | -$150.94M | -$184.98M | -$108.71M | -$460.12M | -$778.82M |
| FCF Margin | -8460.2% | -3533.0% | -1278.7% | -811.0% | -293.5% | -1461.7% | -7285.5% |