| Metric | Q3 FY24 | Q4 FY24 | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Trend |
|---|---|---|---|---|---|---|---|---|---|
| EarningsRevenue | $27.06M | $34.98M | $34.41M | $47.64M | $50.58M +86.9% | $35.84M +2.4% | $34.01M -1.1% | $44.77M -6.0% | Stable |
| Operating Profit | -$15.71M | -$51.42M | -$59.63M | -$15.59M | -$24.67M -57.0% | -$86.32M -67.9% | -$162.14M -171.9% | -$140.45M -800.9% | Weakening |
| Net Profit | -$22.73M | -$29.20M | -$61.42M | -$18.37M | -$455.05M -1901.7% | -$126.58M -333.5% | -$427.63M -596.3% | -$939.92M -5016.6% | Weakening |
| EPS | $-0.06 | — | $-0.16 | $-0.05 | $-1.13 -1783.3% | — | $-1.01 -531.3% | $-1.94 -3780.0% | Weakening |
| Other Income | — | — | — | — | — | — | — | — | — |
| Interest | $409.0K | $3.02M | $4.05M | $4.01M | $9.83M +2303.4% | $62.36M +1968.2% | $67.07M +1556.5% | $56.39M +1305.5% | Strengthening |
| Depreciation | — | — | — | — | — | — | — | — | — |
| Profit before Tax | -$20.05M | -$51.80M | -$61.42M | -$18.37M | -$455.05M -2169.1% | -$122.37M -136.2% | -$416.13M -577.5% | -$929.74M -4961.2% | Weakening |
| MarginsOPM | -58.1% | -147.0% | -173.3% | -32.7% | -48.8% +16.0% | -240.9% -63.9% | -476.7% -175.1% | -313.7% -858.6% | Weakening |
| Tax | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | -0.1% | -0.0% | 0.0% | Stable |
| ReturnsROIC | 1.0% | 1.2% | 2.6% | 0.8% | 19.3% +1901.7% | 5.4% +333.5% | 18.1% +596.3% | 39.8% +5016.6% | Strengthening |
| Line item | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | TTM |
|---|---|---|---|---|---|---|---|---|---|
| AssetsCash & Equivalents | $1.62M | $963.6K | $3.69M | $43.45M | $1.28M | $54.44M | $274.06M | $3.27B | $2.62B |
| Short-Term Investments | — | — | — | — | — | — | — | — | — |
| Total Current Assets | $8.96M | $8.69M | $7.80M | $68.05M | $14.14M | $62.59M | $281.43M | $3.48B | $2.81B |
| Net PP&E | $8.08M | $7.92M | $7.39M | $192.54M | $203.47M | $216.23M | $497.77M | $1.61B | $3.70B |
| Goodwill | — | — | — | — | — | — | $0 | $55.46M | $55.46M |
| Intangibles | $376.4K | $271.4K | $243.6K | — | — | — | — | — | — |
| Total Assets | $17.42M | $16.88M | $15.44M | $264.91M | $317.69M | $378.11M | $787.51M | $6.56B | $8.05B |
| LiabilitiesTotal Current Liabilities | $1.30M | $1.93M | $3.60M | $45.86M | $126.02M | $154.66M | $51.84M | $1.74B | $3.76B |
| Short-Term Debt | $129.3K | $133.3K | $2.69M | — | $51.94M | $123.47M | $0 | $46.32M | — |
| Long-Term Debt | $2.82M | $2.69M | — | $94.63M | $72.97M | $56.0K | $0 | $3.05B | — |
| Long-Term Leases | — | — | — | $992.0K | $947.0K | $899.0K | $3.43M | $22.31M | $21.22M |
| Total Liabilities | $4.31M | $4.62M | $3.60M | $141.73M | $199.93M | $155.62M | $543.07M | $6.42B | $7.90B |
| EquityCommon Stock & APIC | $198.4K | $197.6K | $197.6K | $100.0K | $145.0K | $277.0K | $404.0K | $444.0K | $523.0K |
| Retained Earnings | $10.19M | $9.34M | $8.90M | -$95.68M | -$186.47M | -$259.89M | -$332.28M | -$993.69M | -$2.36B |
| Total Equity | $13.11M | $12.26M | $11.84M | $123.18M | $117.75M | $222.49M | $244.44M | $140.44M | $147.28M |
| HighlightsNet Cash / (Debt) | -$1.33M | -$1.86M | — | — | -$123.63M | -$69.08M | $274.06M | $167.83M | — |
| Line item | FY17 | FY18 | FY19 | FY20 | FY22 | FY23 | FY24 | FY25 | TTM |
|---|---|---|---|---|---|---|---|---|---|
| ActivitiesCash from Operating | $204.7K | $1.22M | -$477.0K | -$398.8K | -$34.07M | $4.26M | -$24.42M | -$123.18M | -$279.16M |
| Cash from Investing | $114.6K | -$393.1K | $7.6K | $2.06M | -$94.05M | -$78.01M | -$91.16M | -$1.37B | -$2.84B |
| Cash from Financing | -$438.3K | -$138.2K | -$190.0K | $1.07M | $89.98M | $119.87M | $335.21M | $4.94B | $6.06B |
| SummaryCapital Expenditure | -$230.1K | -$543.1K | -$478.4K | -$149.9K | -$61.12M | -$75.17M | -$267.94M | -$1.06B | -$2.23B |
| Free Cash Flow | -$25.4K | $681.6K | -$955.4K | -$548.7K | -$95.18M | -$70.91M | -$292.36M | -$1.18B | -$2.50B |
| FCF Margin | -0.1% | 3.7% | -5.4% | -4.1% | -633.2% | -102.4% | -208.8% | -702.5% | -1515.9% |