| Metric | Q3 FY24 | Q4 FY24 | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Trend |
|---|---|---|---|---|---|---|---|---|---|
| EarningsRevenue | $40.51M | $35.37M | $41.34M | $38.31M | $36.20M -10.6% | $36.47M +3.1% | $38.68M -6.4% | $39.84M +4.0% | Stable |
| Operating Profit | -$11.74M | -$12.96M | -$41.29M | -$11.69M | -$7.03M +40.1% | -$3.98M +69.3% | -$5.09M +87.7% | -$6.46M +44.7% | Strengthening |
| Net Profit | -$9.92M | -$11.42M | -$40.18M | -$10.86M | -$6.27M +36.8% | -$3.24M +71.6% | -$4.45M +88.9% | -$5.64M +48.1% | Strengthening |
| EPS | $-0.05 | — | $-0.21 | $-0.06 | $-0.03 +40.0% | — | $-0.02 +90.5% | $-0.03 +50.0% | Strengthening |
| Other Income | — | — | — | — | — | — | — | — | — |
| Interest | — | — | — | — | — | — | — | — | — |
| Depreciation | — | — | — | — | — | — | — | — | — |
| Profit before Tax | -$9.90M | -$11.29M | -$40.08M | -$10.89M | -$6.21M +37.3% | -$3.33M +70.5% | -$4.41M +89.0% | -$5.80M +46.7% | Strengthening |
| MarginsOPM | -29.0% | -36.6% | -99.9% | -30.5% | -19.4% +33.0% | -10.9% +70.3% | -13.2% +86.8% | -16.2% +46.8% | Strengthening |
| Tax | -0.2% | -1.2% | -0.3% | 0.3% | -0.9% -400.0% | 2.7% | -0.9% -237.0% | 2.8% +830.0% | Strengthening |
| ReturnsROIC | 2.3% | 2.7% | 9.4% | 2.5% | 1.5% -36.8% | 0.8% -71.6% | 1.0% -88.9% | 1.3% -48.1% | Weakening |
| Line item | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | TTM |
|---|---|---|---|---|---|---|---|
| AssetsCash & Equivalents | $38.62M | $430.84M | $210.41M | $215.21M | $142.48M | $104.55M | $92.66M |
| Short-Term Investments | — | — | — | — | — | — | — |
| Total Current Assets | $87.66M | $536.01M | $378.36M | $340.34M | $257.65M | $187.88M | $162.40M |
| Net PP&E | $1.77M | $4.80M | $6.04M | $3.95M | $6.26M | $7.93M | $7.27M |
| Goodwill | $4.16M | $12.67M | $117.27M | $117.27M | $117.27M | $92.34M | $92.34M |
| Intangibles | — | $3.59M | $31.12M | $27.25M | $23.38M | $19.50M | $17.56M |
| Total Assets | $103.85M | $579.68M | $560.85M | $509.76M | $420.18M | $320.93M | $293.70M |
| LiabilitiesTotal Current Liabilities | $32.83M | $70.57M | $132.78M | $117.31M | $71.03M | $60.02M | $42.68M |
| Short-Term Debt | $1.65M | — | — | — | — | — | — |
| Long-Term Debt | — | — | — | — | — | — | — |
| Long-Term Leases | — | $2.11M | $2.80M | $1.31M | $7.02M | $5.79M | $5.23M |
| Total Liabilities | $70.67M | $130.18M | $196.65M | $167.31M | $130.74M | $88.79M | $68.56M |
| EquityCommon Stock & APIC | — | $19.0K | $20.0K | $20.0K | $19.0K | $19.0K | $19.0K |
| Retained Earnings | -$82.64M | -$154.60M | -$250.93M | -$285.51M | -$347.85M | -$413.29M | -$426.78M |
| Total Equity | -$78.25M | $449.50M | $364.20M | $342.45M | $289.44M | $232.14M | $225.14M |
| HighlightsNet Cash / (Debt) | — | — | — | — | — | — | — |
| Line item | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | TTM |
|---|---|---|---|---|---|---|---|
| ActivitiesCash from Operating | -$28.49M | -$70.38M | -$77.83M | $5.98M | -$32.91M | -$21.57M | -$706.0K |
| Cash from Investing | -$2.68M | -$9.37M | -$133.99M | -$6.02M | -$7.60M | -$8.63M | -$5.72M |
| Cash from Financing | $48.22M | $473.93M | -$2.80M | -$1.91M | -$32.96M | -$7.44M | -$5.30M |
| SummaryCapital Expenditure | -$298.0K | -$1.47M | -$1.11M | -$147.0K | -$1.77M | -$3.55M | -$346.0K |
| Free Cash Flow | -$28.79M | -$71.85M | -$78.95M | $5.83M | -$34.68M | -$25.13M | -$1.05M |
| FCF Margin | -54.8% | -64.9% | -47.0% | 2.5% | -19.8% | -16.5% | -0.7% |