| Metric | Q3 FY24 | Q4 FY24 | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Trend |
|---|---|---|---|---|---|---|---|---|---|
| EarningsRevenue | $0 | — | $0 | — | — | — | — | — | — |
| Operating Profit | -$5.21M | -$6.68M | -$8.68M | -$7.03M | -$3.06M +41.2% | -$4.55M +31.9% | -$4.14M +52.3% | -$4.59M +34.7% | Strengthening |
| Net Profit | -$5.21M | -$7.44M | -$8.31M | -$6.77M | -$3.12M +40.1% | -$4.44M +40.3% | -$3.95M +52.4% | -$4.48M +33.8% | Strengthening |
| EPS | $-7.64 | — | $-10.27 | $-7.44 | $-2.19 +71.3% | — | $-1.22 +88.1% | $-1.31 +82.4% | Strengthening |
| Other Income | $1.0K | -$761.0K | $368.0K | $263.0K | -$56.0K -5700.0% | $112.0K | $188.0K -48.9% | $114.0K -56.7% | Weakening |
| Interest | $83.0K | $301.0K | $403.0K | $245.0K | $12.0K -85.5% | $7.0K -97.7% | $8.0K -98.0% | $6.0K -97.6% | Weakening |
| Depreciation | — | — | — | — | — | — | — | — | — |
| Profit before Tax | -$5.21M | — | -$8.31M | -$6.77M | -$3.12M +40.1% | -$4.44M | -$3.95M +52.5% | -$4.48M +33.8% | Strengthening |
| MarginsOPM | — | — | — | — | — | — | — | — | — |
| Tax | 0.0% | — | — | — | — | — | — | — | — |
| ReturnsROIC | 1.9% | 2.7% | 3.0% | 2.4% | 1.1% -40.1% | 1.6% -40.3% | 1.4% -52.4% | 1.6% -33.8% | Weakening |
| Line item | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | TTM |
|---|---|---|---|---|---|---|---|---|---|
| AssetsCash & Equivalents | $20.89M | $7.58M | $6.53M | $8.14M | $7.08M | $16.52M | $4.08M | $10.81M | $4.74M |
| Short-Term Investments | — | — | — | — | — | — | — | — | — |
| Total Current Assets | $22.75M | $27.50M | $8.36M | $12.44M | $23.21M | $18.30M | $4.64M | $13.40M | $6.88M |
| Net PP&E | $45.55M | $38.84M | $25.60M | $2.37M | $7.34M | $10.35M | $16.47M | $5.76M | $5.37M |
| Goodwill | — | — | — | — | — | — | — | — | — |
| Intangibles | $1.27M | $999.0K | $819.0K | $640.0K | $461.0K | $281.0K | $146.0K | $76.0K | $46.0K |
| Total Assets | $71.37M | $69.45M | $35.14M | $33.27M | $33.50M | $33.60M | $26.36M | $19.71M | $12.62M |
| LiabilitiesTotal Current Liabilities | $11.80M | $9.81M | $3.45M | $4.08M | $12.31M | $4.61M | $8.18M | $4.43M | $2.83M |
| Short-Term Debt | — | — | — | — | — | — | — | — | — |
| Long-Term Debt | $9.54M | $9.31M | $332.0K | — | — | — | — | — | — |
| Long-Term Leases | — | $836.0K | — | — | — | — | $303.0K | $180.0K | $72.0K |
| Total Liabilities | $21.28M | $19.86M | $4.00M | $5.74M | $12.59M | $7.54M | $10.12M | $4.94M | $3.09M |
| EquityCommon Stock & APIC | $39.0K | $58.0K | $64.0K | $70.0K | $79.0K | $5.0K | $1.0K | $3.0K | $4.0K |
| Retained Earnings | -$95.10M | -$139.89M | -$165.65M | -$183.85M | -$199.28M | -$223.22M | -$247.77M | -$270.42M | -$278.85M |
| Total Equity | $50.09M | $49.59M | $31.14M | $27.53M | $20.92M | $26.06M | $16.24M | $14.77M | $9.53M |
| HighlightsNet Cash / (Debt) | — | — | — | — | — | — | — | — | — |
| Line item | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | TTM |
|---|---|---|---|---|---|---|---|---|---|
| ActivitiesCash from Operating | -$26.32M | -$25.18M | -$11.03M | -$7.06M | -$10.15M | -$3.19M | -$13.63M | -$10.25M | -$11.43M |
| Cash from Investing | -$3.93M | -$10.57M | $6.63M | -$2.23M | -$3.42M | -$9.81M | -$11.64M | $2.90M | -$4.04M |
| Cash from Financing | $28.35M | $22.43M | $3.35M | $10.89M | $12.51M | $22.45M | $12.82M | $14.09M | $18.28M |
| SummaryCapital Expenditure | -$3.69M | -$12.80M | -$3.36M | -$2.35M | -$4.77M | -$5.60M | -$7.92M | -$425.0K | -$4.0K |
| Free Cash Flow | -$30.01M | -$37.98M | -$14.39M | -$9.41M | -$14.92M | -$8.79M | -$21.55M | -$10.68M | -$11.43M |
| FCF Margin | -674.6% | -779.2% | -13325.9% | -5440.5% | -372975.0% | -35164.0% | — | — | — |