| Metric | Q3 FY24 | Q4 FY24 | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Trend |
|---|---|---|---|---|---|---|---|---|---|
| EarningsRevenue | $1.79M | $2.02M | $2.30M | $1.99M | $0 -100.0% | $5.49M +171.3% | $0 -100.0% | $0 -100.0% | Weakening |
| Operating Profit | -$25.90M | -$19.93M | -$21.42M | -$26.75M | -$34.02M -31.4% | -$28.30M -42.0% | -$43.49M -103.0% | -$47.35M -77.0% | Weakening |
| Net Profit | -$25.52M | -$18.79M | -$21.53M | -$26.88M | -$32.73M -28.2% | -$27.85M -48.3% | -$42.41M -97.0% | -$46.64M -73.5% | Weakening |
| EPS | $-0.10 | — | $-0.08 | $-0.09 | $-0.09 +10.0% | — | $-0.12 -50.0% | $-0.13 -44.4% | Weakening |
| Other Income | $374.0K | $1.15M | -$108.0K | -$129.0K | $1.29M +245.2% | $449.0K -60.9% | $1.08M | $710.0K | Weakening |
| Interest | $24.0K | $22.0K | $19.0K | $17.0K | $15.0K -37.5% | $12.0K -45.5% | $9.0K -52.6% | $6.0K -64.7% | Weakening |
| Depreciation | — | — | — | — | — | — | — | — | — |
| Profit before Tax | — | — | — | — | — | — | — | — | — |
| MarginsOPM | -1448.4% | -985.8% | -930.5% | -1347.1% | — | -516.0% +47.7% | — | — | Strengthening |
| Tax | — | — | — | — | — | — | — | — | — |
| ReturnsROIC | 3.2% | 2.3% | 2.7% | 3.4% | 4.1% +28.2% | 3.5% +48.3% | 5.3% +97.0% | 5.8% +73.5% | Strengthening |
| Line item | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | TTM |
|---|---|---|---|---|---|---|---|
| AssetsCash & Equivalents | $251.25M | $149.10M | $87.88M | $143.94M | $139.04M | $319.77M | $455.41M |
| Short-Term Investments | — | — | — | — | — | — | — |
| Total Current Assets | $257.88M | $159.60M | $96.42M | $149.87M | $142.13M | $324.65M | $461.43M |
| Net PP&E | $287.0K | $50.61M | $25.91M | $20.41M | $15.87M | $16.18M | $8.73M |
| Goodwill | — | — | — | — | — | — | — |
| Intangibles | — | — | — | — | — | — | — |
| Total Assets | $258.88M | $213.96M | $126.28M | $172.73M | $160.36M | $343.32M | $470.43M |
| LiabilitiesTotal Current Liabilities | $7.13M | $51.75M | $62.79M | $36.76M | $26.23M | $26.55M | $25.98M |
| Short-Term Debt | — | — | — | — | — | — | — |
| Long-Term Debt | — | $37.19M | $37.97M | $40.51M | $43.94M | $50.11M | $49.26M |
| Long-Term Leases | — | — | $20.44M | $18.95M | $17.36M | $18.17M | $6.29M |
| Total Liabilities | $7.58M | $118.57M | $125.33M | $97.79M | $88.84M | $96.38M | $83.17M |
| EquityCommon Stock & APIC | — | — | $1.0K | $2.0K | $2.0K | $3.0K | $3.0K |
| Retained Earnings | -$61.13M | -$235.65M | -$401.44M | -$513.01M | -$602.30M | -$711.30M | -$800.35M |
| Total Equity | $251.30M | $95.38M | $949.0K | $74.94M | $71.53M | $246.94M | $387.27M |
| HighlightsNet Cash / (Debt) | — | — | — | — | — | — | — |
| Line item | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | TTM |
|---|---|---|---|---|---|---|---|
| ActivitiesCash from Operating | -$30.73M | -$117.04M | -$88.39M | -$73.02M | -$81.22M | -$93.09M | -$132.19M |
| Cash from Investing | -$9.08M | -$21.55M | -$24.93M | -$7.35M | -$363.0K | -$604.0K | -$3.32M |
| Cash from Financing | $291.06M | $39.08M | $52.10M | $136.39M | $76.68M | $274.59M | $275.72M |
| SummaryCapital Expenditure | -$82.0K | -$15.30M | -$20.62M | -$3.87M | -$374.0K | -$738.0K | -$381.0K |
| Free Cash Flow | -$30.81M | -$132.35M | -$109.01M | -$76.89M | -$81.60M | -$93.83M | -$132.57M |
| FCF Margin | — | — | -4356.9% | -497.6% | -979.2% | -960.1% | -2417.0% |