In Q1'26, SMR's net income stood at -$44.02M USD, reflecting a continued loss but an improvement from the sharp decline to -$273.32M USD in Q3'25, with a year-over-year change of -214.28%. This latest data point indicates a partial recovery in profitability amid ongoing negative earnings. Over the period from Q2'23 to Q1'26, net income has shown persistent losses, starting at -$9.52M USD and worsening to a peak deficit of -$273.32M USD in Q3'25, driven by volatile quarterly fluctuations including a notable YoY improvement in Q3'24 (+8.70%) and Q1'25 (+15.49%) before deteriorating again. The overall trend is declining with high volatility, as evidenced by the bar chart's deepening negative bars and the line chart's YoY swings from -267.26% in Q2'23 to -1,465.49% in Q3'25, suggesting underlying operational or market pressures impacting financial performance.