| Metric | Q3 FY24 | Q4 FY24 | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Trend |
|---|---|---|---|---|---|---|---|---|---|
| EarningsRevenue | $13.47M | $15.04M | $5.87M | $14.19M | $5.44M -59.6% | $41.30M +174.5% | $258.0K -95.6% | $0 -100.0% | Weakening |
| Operating Profit | -$18.59M | -$21.73M | -$14.73M | -$2.44M | -$7.92M +57.4% | $31.41M | -$7.54M +48.8% | -$9.93M -306.1% | Weakening |
| Net Profit | -$17.15M | -$20.89M | -$13.87M | -$1.70M | -$7.38M +56.9% | $31.52M | -$7.20M +48.1% | -$9.55M -461.9% | Weakening |
| EPS | $-0.32 | — | $-0.25 | $-0.03 | $-0.13 +59.4% | — | $-0.13 +48.0% | $-0.16 -433.3% | Weakening |
| Other Income | $1.16M | $1.13M | $865.0K | $744.0K | $534.0K -53.8% | $376.0K -66.6% | $335.0K -61.3% | $374.0K -49.7% | Weakening |
| Interest | — | — | — | — | — | — | — | — | — |
| Depreciation | — | — | — | — | — | — | — | — | — |
| Profit before Tax | — | — | — | — | — | — | — | — | — |
| MarginsOPM | -138.0% | -144.4% | -250.8% | -17.2% | -145.5% -5.4% | 76.0% | -2921.7% -1065.0% | — | Weakening |
| Tax | — | — | — | — | — | — | — | — | — |
| ReturnsROIC | 3.7% | 4.5% | 3.0% | 0.4% | 1.6% -56.9% | -6.7% -250.9% | 1.5% -48.1% | 2.0% +461.9% | Strengthening |
| Line item | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | TTM |
|---|---|---|---|---|---|---|---|---|---|
| AssetsCash & Equivalents | $34.08M | $29.73M | $85.21M | $112.58M | $109.11M | $76.33M | $52.89M | $40.27M | $50.77M |
| Short-Term Investments | $81.36M | $52.31M | $41.70M | $33.82M | $0 | — | — | — | — |
| Total Current Assets | $124.22M | $95.41M | $139.15M | $157.87M | $113.57M | $131.21M | $107.28M | $67.29M | $51.58M |
| Net PP&E | $2.89M | $7.15M | $8.78M | $7.56M | $5.49M | $4.16M | $3.11M | $1.48M | $1.03M |
| Goodwill | — | — | — | — | — | — | — | — | — |
| Intangibles | — | — | — | — | — | — | — | — | — |
| Total Assets | $129.01M | $106.10M | $153.45M | $171.07M | $124.80M | $182.39M | $110.54M | $68.92M | $52.77M |
| LiabilitiesTotal Current Liabilities | $12.32M | $26.66M | $14.34M | $18.67M | $21.65M | $37.15M | $49.07M | $8.87M | $8.43M |
| Short-Term Debt | — | — | — | — | — | — | — | — | — |
| Long-Term Debt | — | — | — | — | — | — | — | — | — |
| Long-Term Leases | — | $4.62M | $6.89M | $5.97M | $4.96M | $3.83M | $2.55M | $939.0K | $43.0K |
| Total Liabilities | $13.15M | $31.53M | $21.41M | $82.78M | $48.87M | $75.50M | $64.42M | $9.90M | $8.56M |
| EquityCommon Stock & APIC | $17.0K | $19.0K | $29.0K | $32.0K | $52.0K | $53.0K | $55.0K | $56.0K | $58.0K |
| Retained Earnings | -$138.50M | -$199.43M | -$277.71M | -$367.46M | -$413.88M | -$391.07M | -$459.64M | -$451.07M | -$467.82M |
| Total Equity | $115.50M | $74.57M | $132.04M | $88.29M | $75.93M | $106.89M | $46.12M | $59.02M | $44.20M |
| HighlightsNet Cash / (Debt) | — | — | — | — | — | — | — | — | — |
| Line item | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | TTM |
|---|---|---|---|---|---|---|---|---|---|
| ActivitiesCash from Operating | -$39.63M | -$50.02M | -$85.87M | -$64.35M | -$7.73M | -$32.99M | -$23.44M | -$12.62M | $19.58M |
| Cash from Investing | -$83.16M | $29.53M | $10.47M | $7.67M | $33.81M | $0 | — | — | — |
| Cash from Financing | $69.52M | $16.14M | $130.88M | $84.05M | -$29.55M | $221.0K | $0 | — | — |
| SummaryCapital Expenditure | -$2.44M | -$314.0K | -$157.0K | — | — | — | — | — | — |
| Free Cash Flow | -$42.06M | -$50.33M | -$86.03M | — | — | — | — | — | — |
| FCF Margin | -1060.5% | -277.4% | -922.1% | — | — | — | — | — | — |