| Metric | Q3 FY24 | Q4 FY24 | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Trend |
|---|---|---|---|---|---|---|---|---|---|
| EarningsRevenue | $2.07M | $86.58M | $7.97M | $15.72M | $32.50M +1471.6% | $28.09M -67.6% | $22.68M +184.5% | $33.66M +114.2% | Strengthening |
| Operating Profit | -$21.75M | $47.20M | -$37.18M | -$47.61M | -$53.19M -144.6% | -$41.47M -187.9% | -$60.15M -61.8% | -$61.47M -29.1% | Weakening |
| Net Profit | -$19.13M | $49.93M | -$33.94M | -$44.88M | -$51.15M -167.4% | -$41.32M -182.8% | -$60.62M -78.6% | -$62.34M -38.9% | Weakening |
| EPS | $-0.20 | — | $-0.35 | $-0.46 | $-0.52 -160.0% | — | $-0.61 -74.3% | $-0.63 -37.0% | Weakening |
| Other Income | — | — | — | — | — | — | — | — | — |
| Interest | — | — | — | — | — | — | — | — | — |
| Depreciation | — | — | — | — | — | — | — | — | — |
| Profit before Tax | — | — | — | — | — | — | — | — | — |
| MarginsOPM | -1051.6% | 54.5% | -466.3% | -302.9% | -163.7% +84.4% | -147.6% -370.8% | -265.2% +43.1% | -182.6% +39.7% | Weakening |
| Tax | — | — | — | — | — | — | — | — | — |
| ReturnsROIC | 4.6% | -12.0% | 8.1% | 10.7% | 12.3% +167.4% | 9.9% | 14.5% +78.6% | 14.9% +38.9% | Strengthening |
| Line item | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | TTM |
|---|---|---|---|---|---|---|---|
| AssetsCash & Equivalents | $386.57M | $60.06M | $210.52M | $70.97M | $50.82M | $41.32M | $8.16M |
| Short-Term Investments | — | — | — | — | — | — | — |
| Total Current Assets | $390.66M | $60.73M | $277.70M | $231.73M | $334.30M | $284.90M | $211.51M |
| Net PP&E | $3.80M | $693.0K | $774.0K | $824.0K | $1.10M | $2.46M | $2.08M |
| Goodwill | — | — | — | — | — | — | — |
| Intangibles | — | — | — | $0 | $7.37M | $14.45M | $13.90M |
| Total Assets | $394.80M | $61.45M | $281.44M | $233.19M | $351.15M | $327.65M | $249.50M |
| LiabilitiesTotal Current Liabilities | $9.60M | $8.19M | $5.44M | $2.39M | $23.44M | $39.15M | $60.86M |
| Short-Term Debt | — | — | — | — | — | — | — |
| Long-Term Debt | — | — | — | — | $0 | $96.37M | $96.68M |
| Long-Term Leases | $2.33M | $480.0K | $251.0K | $37.0K | $0 | — | — |
| Total Liabilities | $11.93M | $16.68M | $8.55M | $2.43M | $94.36M | $213.39M | $236.98M |
| EquityCommon Stock & APIC | $3.0K | $3.0K | $9.0K | $10.0K | $10.0K | $10.0K | $10.0K |
| Retained Earnings | -$96.73M | -$42.26M | -$76.94M | -$131.30M | -$123.31M | -$294.60M | -$417.56M |
| Total Equity | -$14.05M | -$31.27M | $272.89M | $230.76M | $256.80M | $114.26M | $12.51M |
| HighlightsNet Cash / (Debt) | — | — | — | — | — | — | — |
| Line item | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | TTM |
|---|---|---|---|---|---|---|---|
| ActivitiesCash from Operating | -$31.20M | -$17.56M | -$40.08M | -$59.27M | $13.55M | -$170.87M | -$196.41M |
| Cash from Investing | -$917.0K | -$55.0K | -$199.0K | -$87.18M | -$106.10M | $56.77M | $48.50M |
| Cash from Financing | $408.51M | $53.16M | $190.73M | $6.90M | $72.40M | $104.60M | $104.53M |
| SummaryCapital Expenditure | -$917.0K | -$55.0K | -$199.0K | -$175.0K | -$563.0K | -$339.0K | -$197.0K |
| Free Cash Flow | -$32.11M | -$17.62M | -$40.28M | -$59.44M | $12.98M | -$171.21M | -$196.60M |
| FCF Margin | — | -319.9% | -3060.6% | -198136.7% | 14.6% | -203.1% | -168.1% |