| Metric | Q3 FY24 | Q4 FY24 | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Trend |
|---|---|---|---|---|---|---|---|---|---|
| EarningsRevenue | $9.01M | $12.56M | $8.59M | $9.03M | $6.99M -22.5% | $17.10M +36.2% | $10.08M +17.4% | $12.00M +32.9% | Strengthening |
| Operating Profit | -$4.96M | -$1.71M | -$4.55M | -$5.08M | -$6.28M -26.6% | $4.56M | -$4.32M +5.0% | -$524.0K +89.7% | Strengthening |
| Net Profit | -$5.67M | -$1.40M | -$4.20M | -$5.32M | -$6.65M -17.3% | $5.64M | -$4.75M -13.1% | -$604.0K +88.7% | Strengthening |
| EPS | $-0.98 | — | $-0.47 | $-0.57 | $-0.62 +36.7% | — | $-0.41 +12.8% | $-0.05 +91.2% | Strengthening |
| Other Income | -$706.0K | $314.0K | $343.0K | -$224.0K | -$365.0K +48.3% | $1.08M +244.9% | -$432.0K -225.9% | -$57.0K +74.6% | Strengthening |
| Interest | — | — | $120.0K | — | — | — | — | — | — |
| Depreciation | — | — | — | — | — | — | — | — | — |
| Profit before Tax | -$5.67M | -$1.40M | -$4.20M | -$5.30M | -$6.64M -17.2% | $5.64M | -$4.75M -13.0% | -$581.0K +89.0% | Strengthening |
| MarginsOPM | -55.0% | -13.6% | -53.0% | -56.3% | -89.8% -63.2% | 26.6% | -42.8% +19.1% | -4.4% +92.2% | Strengthening |
| Tax | -0.1% | 0.1% | 0.0% | -0.4% | -0.1% -80.0% | -0.0% -114.3% | — | -4.0% -890.0% | Weakening |
| ReturnsROIC | 4.3% | 1.0% | 3.2% | 4.0% | 5.0% +17.3% | -4.2% -504.0% | 3.6% +13.1% | 0.5% -88.7% | Weakening |
| Line item | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | TTM |
|---|---|---|---|---|---|---|---|
| AssetsCash & Equivalents | $8.08M | $24.55M | $17.21M | $1.34M | $5.91M | $6.39M | $4.66M |
| Short-Term Investments | — | — | — | — | — | — | — |
| Total Current Assets | $19.58M | $46.42M | $43.14M | $23.07M | $20.70M | $18.08M | $12.44M |
| Net PP&E | $370.0K | $267.0K | $1.58M | $1.75M | $983.0K | $3.74M | $4.95M |
| Goodwill | — | — | — | — | — | — | — |
| Intangibles | $3.87M | $3.45M | $3.03M | $2.63M | $35.0K | $2.65M | $2.57M |
| Total Assets | $24.14M | $53.22M | $50.88M | $27.93M | $22.10M | $28.56M | $24.06M |
| LiabilitiesTotal Current Liabilities | $4.42M | $13.84M | $20.89M | $18.09M | $12.02M | $11.89M | $10.54M |
| Short-Term Debt | — | — | — | $3.90M | — | — | — |
| Long-Term Debt | — | — | — | — | — | — | — |
| Long-Term Leases | — | — | $848.0K | $804.0K | $276.0K | $1.24M | $2.41M |
| Total Liabilities | $18.31M | $41.88M | $27.01M | $23.14M | $17.67M | $18.08M | $18.11M |
| EquityCommon Stock & APIC | $8.0K | $17.0K | $1.0K | $2.0K | $9.0K | $12.0K | $14.0K |
| Retained Earnings | -$41.17M | -$78.88M | -$79.52M | -$99.65M | -$117.41M | -$127.94M | -$133.30M |
| Total Equity | $5.83M | $11.34M | $23.88M | $4.79M | $4.43M | $10.48M | $5.96M |
| HighlightsNet Cash / (Debt) | — | — | — | — | — | — | — |
| Line item | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | TTM |
|---|---|---|---|---|---|---|---|
| ActivitiesCash from Operating | -$12.37M | -$26.71M | -$16.20M | -$24.89M | -$10.27M | -$13.36M | -$7.93M |
| Cash from Investing | — | -$11.0K | -$5.16M | $619.0K | -$3.0K | $3.00M | $3.00M |
| Cash from Financing | $13.19M | $43.19M | $14.02M | $8.41M | $14.84M | $10.85M | — |
| SummaryCapital Expenditure | — | — | -$38.0K | -$5.0K | -$10.0K | -$2.0K | -$3.0K |
| Free Cash Flow | — | — | -$16.24M | -$24.90M | -$10.28M | -$13.36M | -$7.93M |
| FCF Margin | — | — | -56.6% | -73.1% | -27.5% | -32.0% | -17.2% |