| Metric | Q3 FY24 | Q4 FY24 | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Trend |
|---|---|---|---|---|---|---|---|---|---|
| EarningsRevenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | — |
| Operating Profit | -$36.56M | -$46.24M | -$55.47M | -$74.57M | -$98.56M -169.6% | -$164.74M -256.3% | -$164.13M -195.9% | -$132.60M -77.8% | Weakening |
| Net Profit | -$24.94M | -$35.42M | -$45.63M | -$65.56M | -$90.79M -264.0% | -$157.66M -345.2% | -$158.32M -247.0% | -$128.02M -95.3% | Weakening |
| EPS | $-0.22 | — | $-0.41 | $-0.58 | $-0.81 -268.2% | — | $-1.37 -234.1% | $-1.10 -89.7% | Weakening |
| Other Income | — | — | — | — | — | — | — | — | — |
| Interest | — | — | — | — | — | — | — | — | — |
| Depreciation | — | — | — | — | — | — | — | — | — |
| Profit before Tax | — | — | — | — | — | — | — | — | — |
| MarginsOPM | — | — | — | — | — | — | — | — | — |
| Tax | — | — | — | — | — | — | — | — | — |
| ReturnsROIC | 2.2% | 3.1% | 4.0% | 5.8% | 8.0% +264.0% | 13.9% +345.2% | 14.0% +247.0% | 11.3% +95.3% | Strengthening |
| Line item | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | TTM |
|---|---|---|---|---|---|---|---|---|---|
| AssetsCash & Equivalents | $24.78M | $8.38M | $29.12M | $26.37M | $36.63M | $55.52M | $26.68M | $165.81M | $125.75M |
| Short-Term Investments | — | — | — | — | — | — | — | — | — |
| Total Current Assets | $302.13M | $283.50M | $256.10M | $210.53M | $167.04M | $367.23M | $907.22M | $715.60M | $517.56M |
| Net PP&E | — | $598.0K | $321.0K | $25.0K | $1.42M | $1.13M | $1.00M | $85.0K | $4.01M |
| Goodwill | — | — | — | — | — | — | — | — | — |
| Intangibles | — | — | — | — | — | — | — | — | — |
| Total Assets | $302.31M | $284.26M | $256.50M | $210.66M | $168.53M | $368.49M | $908.32M | $715.73M | $521.90M |
| LiabilitiesTotal Current Liabilities | $4.55M | $6.78M | $12.13M | $8.78M | $21.95M | $19.14M | $27.41M | $76.67M | $109.66M |
| Short-Term Debt | — | — | — | — | — | — | — | — | — |
| Long-Term Debt | — | — | — | — | — | — | — | — | — |
| Long-Term Leases | — | $360.0K | $29.0K | — | $1.26M | $936.0K | $630.0K | $0 | $3.92M |
| Total Liabilities | $4.56M | $7.14M | $12.16M | $8.78M | $23.21M | $20.07M | $28.04M | $76.67M | $113.58M |
| EquityCommon Stock & APIC | $1.0K | $1.0K | $1.0K | $1.0K | $1.0K | $1.0K | $1.0K | $1.0K | $1.0K |
| Retained Earnings | -$102.92M | -$128.70M | -$168.19M | -$223.18M | -$292.05M | -$377.94M | -$487.91M | -$847.55M | -$1.13B |
| Total Equity | $297.75M | $277.12M | $244.34M | $201.88M | $145.32M | $348.42M | $880.28M | $639.06M | $408.32M |
| HighlightsNet Cash / (Debt) | — | — | — | — | — | — | — | — | — |
| Line item | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | TTM |
|---|---|---|---|---|---|---|---|---|---|
| ActivitiesCash from Operating | -$18.75M | -$24.75M | -$21.78M | -$47.59M | -$48.40M | -$73.38M | -$87.79M | -$278.69M | -$418.44M |
| Cash from Investing | -$265.73M | $7.46M | $41.57M | $37.96M | $54.75M | -$179.09M | -$553.37M | $341.39M | $399.26M |
| Cash from Financing | $300.27M | $887.0K | $950.0K | $6.88M | $4.16M | $271.38M | $612.46M | $76.44M | $111.25M |
| SummaryCapital Expenditure | — | — | — | — | — | — | — | — | — |
| Free Cash Flow | — | — | — | — | — | — | — | — | — |
| FCF Margin | — | — | — | — | — | — | — | — | — |