| Metric | Q3 FY24 | Q4 FY24 | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Trend |
|---|---|---|---|---|---|---|---|---|---|
| EarningsRevenue | $2.82M | $2.58M | $2.43M | $2.00M | $3.29M +16.6% | $5.39M +108.8% | $6.88M +183.2% | $13.54M +577.9% | Strengthening |
| Operating Profit | -$15.55M | -$22.48M | -$16.05M | -$28.30M | -$33.07M -112.6% | -$48.29M -114.8% | -$41.54M -158.7% | -$42.53M -50.3% | Weakening |
| Net Profit | -$14.21M | -$22.11M | -$16.83M | -$28.27M | -$32.01M -125.2% | -$46.91M -112.2% | -$40.19M -138.8% | -$40.55M -43.4% | Weakening |
| EPS | $-22.68 | — | $-2.84 | $-3.86 | $-3.59 +84.2% | — | $-2.93 -3.2% | $-2.44 +36.8% | Strengthening |
| Other Income | — | — | — | — | — | — | — | — | — |
| Interest | $301.0K | — | — | — | — | — | — | — | — |
| Depreciation | — | — | — | — | — | — | — | — | — |
| Profit before Tax | — | — | — | — | — | — | — | — | — |
| MarginsOPM | -551.2% | -870.6% | -660.9% | -1416.2% | -1005.1% -82.4% | -895.8% -2.9% | -603.9% +8.6% | -314.1% +77.8% | Strengthening |
| Tax | — | — | — | — | — | — | — | — | — |
| ReturnsROIC | 1.5% | 2.4% | 1.8% | 3.0% | 3.4% +125.2% | 5.0% +112.2% | 4.3% +138.8% | 4.3% +43.4% | Strengthening |
| Line item | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | TTM |
|---|---|---|---|---|---|---|---|---|---|
| AssetsCash & Equivalents | $25.03M | $11.25M | $77.07M | $178.66M | $120.23M | $24.95M | $98.78M | $207.64M | $176.23M |
| Short-Term Investments | — | — | — | — | — | — | — | — | — |
| Total Current Assets | $26.06M | $13.95M | $87.99M | $189.05M | $130.78M | $47.77M | $119.00M | $228.88M | $203.43M |
| Net PP&E | $43.0K | $390.0K | $9.83M | $51.47M | $94.53M | $94.85M | $42.82M | $46.00M | $46.11M |
| Goodwill | — | — | — | — | — | $965.0K | — | — | — |
| Intangibles | $120.0K | $120.0K | $120.0K | $120.0K | $120.0K | $9.74M | $120.0K | $120.0K | $120.0K |
| Total Assets | $26.32M | $14.56M | $98.18M | $240.90M | $225.69M | $154.46M | $162.89M | $277.17M | $254.09M |
| LiabilitiesTotal Current Liabilities | $2.65M | $5.13M | $9.82M | $21.72M | $18.18M | $18.88M | $18.31M | $30.84M | $30.79M |
| Short-Term Debt | — | — | — | — | — | $2.35M | $2.82M | — | — |
| Long-Term Debt | — | — | — | — | — | $6.56M | $4.67M | — | — |
| Long-Term Leases | — | $6.0K | $716.0K | $467.0K | $328.0K | $632.0K | $358.0K | $1.18M | $1.02M |
| Total Liabilities | $2.65M | $5.14M | $10.54M | $22.18M | $18.51M | $48.93M | $23.33M | $32.02M | $31.81M |
| EquityCommon Stock & APIC | $3.0K | $9.0K | $206.0K | $16.0K | $12.0K | $3.0K | $4.0K | $13.0K | $17.0K |
| Retained Earnings | -$188.45M | -$217.07M | -$267.53M | -$359.82M | -$470.04M | -$600.66M | -$730.69M | -$854.72M | -$935.46M |
| Total Equity | $23.66M | $9.42M | $87.65M | $218.72M | $207.18M | $105.53M | $139.56M | $245.15M | $222.28M |
| HighlightsNet Cash / (Debt) | — | — | — | — | — | $16.04M | $91.29M | — | — |
| Line item | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | TTM |
|---|---|---|---|---|---|---|---|---|---|
| ActivitiesCash from Operating | -$23.97M | -$26.68M | -$48.57M | -$75.56M | -$98.05M | -$102.00M | -$60.92M | -$99.84M | -$152.99M |
| Cash from Investing | -$6.0K | -$17.0K | -$8.56M | -$35.31M | -$48.15M | -$29.07M | -$120.0K | -$4.53M | -$4.26M |
| Cash from Financing | $23.54M | $12.92M | $123.11M | $212.49M | $87.84M | $36.52M | $134.87M | $214.53M | $207.71M |
| SummaryCapital Expenditure | -$6.0K | -$17.0K | -$8.56M | -$35.31M | -$48.15M | -$7.89M | -$120.0K | -$3.37M | -$5.12M |
| Free Cash Flow | -$23.98M | -$26.70M | -$57.13M | -$110.86M | -$146.20M | -$109.90M | -$61.05M | -$103.21M | -$158.11M |
| FCF Margin | — | — | — | — | — | -1414.8% | -604.8% | -787.5% | -543.3% |