| Metric | Q3 FY24 | Q4 FY24 | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Trend |
|---|---|---|---|---|---|---|---|---|---|
| EarningsRevenue | $11.49M | $14.22M | $9.43M | $11.37M | $12.88M +12.1% | $19.16M +34.7% | $12.49M +32.4% | $13.88M +22.1% | Strengthening |
| Operating Profit | -$3.63M | -$3.05M | -$3.05M | -$2.57M | -$832.0K +77.1% | $11.0K | -$911.0K +70.1% | -$1.81M +29.8% | Strengthening |
| Net Profit | -$4.70M | -$4.63M | -$4.15M | -$3.78M | -$1.98M +57.8% | -$1.30M +71.9% | -$2.11M +49.2% | -$3.24M +14.2% | Strengthening |
| EPS | $-0.14 | — | $-0.10 | $-0.09 | $-0.05 +64.3% | — | $-0.05 +50.0% | $-0.07 +22.2% | Strengthening |
| Other Income | -$1.03M | -$1.52M | -$1.07M | -$1.11M | -$1.04M -1.6% | -$1.16M +24.0% | -$1.09M -1.6% | -$1.14M -2.4% | Strengthening |
| Interest | $1.43M | $1.65M | $1.38M | $1.39M | $1.41M -1.3% | $1.41M -14.9% | $1.37M -0.5% | $1.39M +0.1% | Weakening |
| Depreciation | — | — | — | — | — | — | — | — | — |
| Profit before Tax | -$4.66M | -$4.57M | -$4.12M | -$3.69M | -$1.88M +59.8% | -$1.15M +74.9% | -$2.00M +51.5% | -$2.95M +20.1% | Strengthening |
| MarginsOPM | -31.6% | -21.4% | -32.4% | -22.6% | -6.5% +79.6% | 0.1% | -7.3% +77.5% | -13.0% +42.5% | Strengthening |
| Tax | -1.3% | -1.9% | -1.2% | -1.3% | -4.2% -222.5% | -8.2% -320.5% | -7.2% -500.8% | -4.2% -216.5% | Weakening |
| ReturnsROIC | 5.0% | 4.9% | 4.4% | 4.0% | 2.1% -57.8% | 1.4% -71.9% | 2.2% -49.2% | 3.4% -14.2% | Weakening |
| Line item | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | TTM |
|---|---|---|---|---|---|---|---|---|---|
| AssetsCash & Equivalents | $16.60M | $58.81M | $41.91M | $30.87M | $10.19M | $43.65M | $31.74M | $31.74M | $27.62M |
| Short-Term Investments | — | $56.58M | $39.66M | — | — | — | — | — | — |
| Total Current Assets | $89.83M | $76.73M | $66.09M | $60.74M | $42.97M | $70.36M | $56.44M | $58.47M | $53.16M |
| Net PP&E | $5.79M | $6.97M | $6.78M | $6.70M | $7.47M | $7.08M | $6.69M | $6.59M | $6.12M |
| Goodwill | $185.0K | — | — | — | — | — | — | — | — |
| Intangibles | $191.0K | — | — | — | — | — | — | — | — |
| Total Assets | $95.93M | $84.75M | $74.11M | $68.72M | $51.77M | $79.24M | $64.84M | $66.84M | $61.07M |
| LiabilitiesTotal Current Liabilities | $8.61M | $12.31M | $9.15M | $13.21M | $11.85M | $12.74M | $10.72M | $11.70M | $9.35M |
| Short-Term Debt | $0 | — | — | — | $0 | — | — | — | — |
| Long-Term Debt | $0 | — | — | — | $0 | $33.19M | $33.89M | $34.85M | $35.33M |
| Long-Term Leases | — | $235.0K | $129.0K | $0 | $470.0K | $4.90M | $4.48M | $4.05M | $3.83M |
| Total Liabilities | $8.75M | $13.49M | $10.25M | $14.71M | $13.98M | $52.32M | $50.51M | $52.01M | $49.98M |
| EquityCommon Stock & APIC | $34.0K | $34.0K | $34.0K | $34.0K | $35.0K | $35.0K | $38.0K | $42.0K | $42.0K |
| Retained Earnings | $34.22M | $14.52M | $2.62M | -$12.55M | -$35.73M | -$54.45M | -$77.91M | -$89.12M | -$94.47M |
| Total Equity | $87.18M | $71.26M | $63.72M | $53.70M | $37.58M | $26.70M | $14.21M | $14.54M | $10.66M |
| HighlightsNet Cash / (Debt) | $16.60M | — | — | — | $10.19M | — | — | — | — |
| Line item | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | TTM |
|---|---|---|---|---|---|---|---|---|---|
| ActivitiesCash from Operating | -$20.88M | -$18.48M | -$16.07M | -$10.45M | -$20.28M | -$5.25M | -$18.05M | -$8.00M | -$10.13M |
| Cash from Investing | $29.30M | $60.54M | -$581.0K | -$723.0K | -$1.01M | $6.73M | -$722.0K | -$1.11M | -$920.0K |
| Cash from Financing | -$2.49M | $147.0K | -$73.0K | $24.0K | $217.0K | $32.17M | $6.75M | $9.58M | $9.61M |
| SummaryCapital Expenditure | -$363.0K | -$1.30M | -$581.0K | -$723.0K | -$1.01M | -$533.0K | -$722.0K | -$1.11M | -$920.0K |
| Free Cash Flow | -$21.24M | -$19.78M | -$16.65M | -$11.17M | -$21.29M | -$5.78M | -$18.77M | -$9.12M | -$11.05M |
| FCF Margin | -127.9% | -70.0% | -60.1% | -23.0% | -47.8% | -11.0% | -39.0% | -17.2% | -18.9% |