| Metric | Q3 FY24 | Q4 FY24 | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Trend |
|---|---|---|---|---|---|---|---|---|---|
| EarningsRevenue | $0 | $17.09M | $49.75M | $0 | $0 | $0 -100.0% | $20.20M -59.4% | $0 | Weakening |
| Operating Profit | -$19.06M | -$13.20M | -$3.63M | -$23.46M | -$33.02M -73.3% | -$29.82M -125.9% | -$23.56M -548.4% | -$40.79M -73.8% | Weakening |
| Net Profit | -$15.12M | -$20.16M | -$10.23M | -$30.21M | -$27.05M -79.0% | -$10.34M +48.7% | -$13.94M -36.2% | -$52.34M -73.3% | Weakening |
| EPS | — | $-0.05 | $-0.02 | $-0.07 | — | $-0.02 +60.0% | $-0.03 -50.0% | $-0.11 -57.1% | Weakening |
| Other Income | — | — | — | — | — | — | — | — | — |
| Interest | $207.0K | $341.0K | $289.0K | $404.0K | $412.0K +99.0% | $723.0K +112.0% | $500.0K +73.0% | $402.0K -0.5% | Strengthening |
| Depreciation | — | — | — | — | — | — | — | — | — |
| Profit before Tax | -$16.52M | -$21.50M | -$11.66M | -$29.78M | -$27.50M -66.5% | -$11.01M +48.8% | -$13.93M -19.5% | -$52.94M -77.8% | Weakening |
| MarginsOPM | — | -77.3% | -7.3% | — | — | — | -116.7% -1497.9% | — | Weakening |
| Tax | — | — | — | — | — | — | — | — | — |
| ReturnsROIC | 3.1% | 4.2% | 2.1% | 6.3% | 5.6% +79.0% | 2.1% -48.7% | 2.9% +36.2% | 10.8% +73.3% | Strengthening |
| Line item | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | TTM |
|---|---|---|---|---|---|---|---|---|---|
| AssetsCash & Equivalents | $6.93M | $6.06M | $5.15M | $44.31M | $32.54M | $45.61M | $87.53M | $148.93M | $488.05M |
| Short-Term Investments | — | — | — | — | — | — | — | — | — |
| Total Current Assets | $8.34M | $19.71M | $6.59M | $75.05M | $102.19M | $55.20M | $235.24M | $234.02M | $581.63M |
| Net PP&E | $7.10M | $7.04M | $7.02M | $7.36M | $20.23M | $19.73M | $20.46M | $67.51M | $70.43M |
| Goodwill | — | — | — | — | — | — | — | — | — |
| Intangibles | — | — | — | — | — | — | — | — | — |
| Total Assets | $89.61M | $101.04M | $91.39M | $169.54M | $354.25M | $737.59M | $889.83M | $1.11B | $1.54B |
| LiabilitiesTotal Current Liabilities | $12.32M | $3.07M | $2.04M | $13.27M | $8.50M | $12.19M | $29.22M | $26.43M | $17.80M |
| Short-Term Debt | $10.00M | — | — | $10.07M | $0 | $1.51M | — | — | — |
| Long-Term Debt | $9.53M | $19.60M | $19.87M | $10.07M | $0 | — | — | — | — |
| Long-Term Leases | — | $50.0K | — | — | — | — | — | — | — |
| Total Liabilities | $26.44M | $26.81M | $26.97M | $18.09M | $27.34M | $105.76M | $111.72M | $123.75M | $116.58M |
| EquityCommon Stock & APIC | $161.2K | $180.9K | $184.6K | $237.0K | $289.0K | $378.0K | $410.0K | $454.0K | $493.0K |
| Retained Earnings | -$245.15M | -$262.20M | -$276.81M | -$291.63M | -$286.37M | -$289.68M | -$318.90M | -$406.56M | -$483.18M |
| Total Equity | $63.18M | $74.23M | $64.42M | $151.46M | $326.91M | $631.83M | $778.11M | $983.90M | $1.42B |
| HighlightsNet Cash / (Debt) | -$12.61M | — | — | $24.16M | $32.54M | — | — | — | — |
| Line item | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | TTM |
|---|---|---|---|---|---|---|---|---|---|
| ActivitiesCash from Operating | -$12.51M | -$12.57M | -$12.87M | -$41.47M | -$52.99M | $72.57M | -$106.49M | -$64.46M | -$113.51M |
| Cash from Investing | $6.34M | -$12.11M | $11.67M | -$3.63M | -$110.84M | -$124.78M | -$24.64M | -$157.03M | -$101.73M |
| Cash from Financing | $604.2K | $23.84M | $307.0K | $84.46M | $157.27M | $65.42M | $173.08M | $284.84M | $624.56M |
| SummaryCapital Expenditure | -$12.3K | -$137.3K | -$84.0K | -$148.0K | -$620.0K | -$555.0K | -$1.99M | -$5.48M | -$6.67M |
| Free Cash Flow | -$12.52M | -$12.71M | -$12.95M | -$41.62M | -$53.61M | $72.02M | -$108.47M | -$69.94M | -$120.18M |
| FCF Margin | — | — | — | — | -231.5% | 43.8% | -48426.3% | -104.6% | -595.0% |