| Metric | Q3 FY24 | Q4 FY24 | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Trend |
|---|---|---|---|---|---|---|---|---|---|
| EarningsRevenue | $3.85M | $4.80M | $3.61M | $3.90M | $5.13M +33.3% | $4.66M -2.8% | $3.39M -6.2% | $3.25M -16.5% | Weakening |
| Operating Profit | -$1.47M | -$1.48M | -$1.85M | -$1.96M | -$1.29M +11.7% | -$1.45M +1.8% | -$3.65M -97.1% | -$2.74M -39.7% | Weakening |
| Net Profit | -$1.17M | -$1.19M | -$1.60M | -$1.77M | -$1.05M +9.8% | -$1.45M -21.9% | -$3.46M -116.4% | -$2.56M -45.0% | Weakening |
| EPS | $-0.06 | — | $-0.08 | $-0.08 | $-0.05 +16.7% | — | $-0.16 -100.0% | $-0.12 -50.0% | Weakening |
| Other Income | — | — | — | — | — | — | — | — | — |
| Interest | — | — | — | — | — | — | — | — | — |
| Depreciation | — | — | — | — | — | — | — | — | — |
| Profit before Tax | -$1.15M | -$1.19M | -$1.59M | -$1.74M | -$1.05M +9.0% | -$1.23M -3.4% | -$3.45M -116.8% | -$2.56M -47.1% | Weakening |
| MarginsOPM | -38.1% | -30.8% | -51.3% | -50.4% | -25.3% +33.7% | -31.1% -1.1% | -107.8% -110.0% | -84.2% -67.2% | Weakening |
| Tax | -1.3% | 0.1% | -0.4% | -1.5% | -0.5% +63.1% | -17.8% -22287.5% | -0.2% +47.7% | -0.0% +97.3% | Weakening |
| ReturnsROIC | 1.4% | 1.5% | 2.0% | 2.2% | 1.3% -9.8% | 1.8% +21.9% | 4.2% +116.4% | 3.1% +45.0% | Strengthening |
| Line item | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | TTM |
|---|---|---|---|---|---|---|---|---|---|
| AssetsCash & Equivalents | $51.61M | $47.74M | $38.56M | $29.96M | $11.75M | $10.00M | $12.97M | $7.27M | $2.86M |
| Short-Term Investments | — | — | — | — | — | — | — | — | — |
| Total Current Assets | $57.19M | $53.80M | $43.66M | $38.81M | $37.28M | $35.82M | $32.98M | $28.27M | $21.13M |
| Net PP&E | $4.08M | $3.75M | $3.70M | $3.22M | $5.26M | $4.84M | $4.44M | $4.12M | $3.85M |
| Goodwill | — | $0 | $1.65M | $3.12M | $3.12M | $3.12M | $3.12M | $3.12M | $3.12M |
| Intangibles | — | $0 | $1.22M | $3.22M | $2.81M | $2.39M | $1.98M | $1.57M | $1.39M |
| Total Assets | $66.44M | $57.55M | $51.63M | $48.37M | $51.19M | $46.30M | $42.64M | $37.20M | $29.60M |
| LiabilitiesTotal Current Liabilities | $4.47M | $4.06M | $5.87M | $5.74M | $5.80M | $7.55M | $7.86M | $7.50M | $5.66M |
| Short-Term Debt | — | — | — | — | — | — | — | — | — |
| Long-Term Debt | — | — | — | — | — | — | — | — | — |
| Long-Term Leases | — | — | — | — | $4.05M | $3.84M | $3.59M | $3.29M | $3.13M |
| Total Liabilities | $4.54M | $4.12M | $5.96M | $6.85M | $10.98M | $12.00M | $11.75M | $11.06M | $8.96M |
| EquityCommon Stock & APIC | $215.0K | $214.0K | $214.0K | $216.0K | $211.0K | $210.0K | $211.0K | $215.0K | $217.0K |
| Retained Earnings | -$34.69M | -$43.03M | -$50.65M | -$56.47M | -$58.20M | -$65.51M | -$69.94M | -$75.82M | -$81.84M |
| Total Equity | $61.90M | $53.44M | $45.67M | $41.52M | $40.21M | $34.30M | $30.90M | $26.14M | $20.64M |
| HighlightsNet Cash / (Debt) | — | — | — | — | — | — | — | — | — |
| Line item | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | TTM |
|---|---|---|---|---|---|---|---|---|---|
| ActivitiesCash from Operating | $660.0K | -$2.94M | -$5.27M | -$6.23M | -$5.04M | $1.82M | -$3.16M | -$5.40M | -$6.75M |
| Cash from Investing | -$206.0K | -$111.0K | -$2.91M | -$2.48M | -$11.99M | -$3.14M | $6.29M | -$274.0K | $2.20M |
| Cash from Financing | -$450.0K | -$814.0K | -$989.0K | $109.0K | -$1.18M | -$426.0K | -$159.0K | -$31.0K | $104.0K |
| SummaryCapital Expenditure | -$206.0K | -$111.0K | -$484.0K | -$27.0K | -$730.0K | -$16.0K | -$45.0K | -$165.0K | -$120.0K |
| Free Cash Flow | $454.0K | -$3.06M | -$5.76M | -$6.26M | -$5.77M | $1.81M | -$3.21M | -$5.56M | -$6.87M |
| FCF Margin | 2.8% | -25.0% | -50.9% | -37.1% | -36.1% | 9.9% | -18.4% | -32.2% | -41.8% |