| Metric | Q3 FY24 | Q4 FY24 | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Trend |
|---|---|---|---|---|---|---|---|---|---|
| EarningsRevenue | — | — | — | $2.14M | $11.24M | — | $18.67M | $40.08M +1775.4% | Strengthening |
| Operating Profit | -$37.03M | -$31.59M | -$44.17M | -$43.76M | -$40.72M -10.0% | -$41.48M -31.3% | -$44.90M -1.6% | -$32.71M +25.3% | Stable |
| Net Profit | -$23.97M | -$64.55M | -$52.10M | -$25.93M | -$98.52M -311.1% | -$32.92M +49.0% | -$36.59M +29.8% | -$34.67M -33.7% | Strengthening |
| EPS | $-0.60 | — | $-0.96 | $-0.39 | $-1.35 -125.0% | — | $-0.37 +61.5% | $-0.35 +10.3% | Strengthening |
| Other Income | — | — | — | — | — | — | — | — | — |
| Interest | $1.15M | $1.15M | $192.0K | $100.0K | $200.0K -82.6% | $646.0K -43.6% | $382.0K +99.0% | $360.0K +260.0% | Strengthening |
| Depreciation | — | — | — | — | — | — | — | — | — |
| Profit before Tax | — | — | — | -$25.93M | — | — | — | -$33.86M -30.6% | Weakening |
| MarginsOPM | — | — | — | -2047.9% | -362.2% | — | -240.5% | -81.6% +96.0% | Strengthening |
| Tax | — | — | — | — | — | — | — | -2.4% | — |
| ReturnsROIC | 1.9% | 5.2% | 4.2% | 2.1% | 8.0% +311.1% | 2.7% -49.0% | 3.0% -29.8% | 2.8% +33.7% | Weakening |
| Line item | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | TTM |
|---|---|---|---|---|---|---|---|---|---|
| AssetsCash & Equivalents | $129.87M | $43.51M | $67.78M | $21.25M | $74.93M | $77.91M | $88.82M | $204.99M | $136.35M |
| Short-Term Investments | — | — | — | — | — | — | — | — | — |
| Total Current Assets | $253.26M | $84.96M | $144.94M | $105.74M | $92.87M | $143.68M | $94.96M | $223.41M | $176.16M |
| Net PP&E | $1.37M | $4.02M | $3.14M | $2.51M | $1.88M | $1.21M | $1.44M | $491.0K | $2.63M |
| Goodwill | — | — | — | — | — | — | — | — | — |
| Intangibles | $21.58M | $20.01M | — | — | — | — | — | $16.43M | $15.87M |
| Total Assets | $277.24M | $145.05M | $154.35M | $108.66M | $95.05M | $149.72M | $101.54M | $246.44M | $206.51M |
| LiabilitiesTotal Current Liabilities | $37.08M | $29.89M | $17.09M | $18.59M | $21.66M | $26.38M | $30.97M | $72.27M | $78.13M |
| Short-Term Debt | — | — | — | — | — | — | — | — | — |
| Long-Term Debt | $25.20M | $35.10M | — | — | $24.53M | $40.09M | $40.72M | — | — |
| Long-Term Leases | — | $3.49M | $2.93M | $2.26M | $1.47M | $530.0K | $535.0K | — | $2.12M |
| Total Liabilities | $152.94M | $137.87M | $39.08M | $21.10M | $47.66M | $71.19M | $130.43M | $189.25M | $156.53M |
| EquityCommon Stock & APIC | $7.0K | $8.0K | $17.0K | $19.0K | $2.0K | $3.0K | $4.0K | $8.0K | $9.0K |
| Retained Earnings | -$375.58M | -$524.78M | -$592.51M | -$663.71M | -$737.52M | -$824.89M | -$955.53M | -$1.16B | -$1.24B |
| Total Equity | $124.30M | $7.17M | $115.27M | $87.56M | $47.39M | $57.37M | -$28.89M | $57.20M | $49.99M |
| HighlightsNet Cash / (Debt) | — | — | — | — | — | — | — | — | — |
| Line item | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | TTM |
|---|---|---|---|---|---|---|---|---|---|
| ActivitiesCash from Operating | -$74.52M | -$138.52M | -$33.51M | -$53.50M | -$63.67M | -$86.46M | -$104.77M | -$137.51M | -$162.19M |
| Cash from Investing | -$138.38M | $89.61M | -$47.36M | $87.0K | $66.19M | -$44.45M | $59.97M | -$9.62M | — |
| Cash from Financing | $261.16M | -$2.44M | $69.63M | $6.88M | $51.78M | $134.19M | $54.78M | $263.31M | $143.62M |
| SummaryCapital Expenditure | -$1.51M | -$7.0K | -$33.0K | -$196.0K | — | — | -$28.0K | — | — |
| Free Cash Flow | -$76.02M | -$138.53M | -$33.54M | -$53.70M | — | — | -$104.80M | — | — |
| FCF Margin | -284.5% | -793.6% | -37.9% | -2615.6% | — | — | -1048.0% | — | — |