| Metric | Q3 FY24 | Q4 FY24 | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Trend |
|---|---|---|---|---|---|---|---|---|---|
| EarningsRevenue | $3.64M | $2.79M | $2.93M | $1.63M | $4.23M +16.3% | $5.42M +94.5% | $5.63M +92.2% | $4.71M +189.7% | Strengthening |
| Operating Profit | -$500.0K | -$822.0K | -$738.0K | -$868.0K | -$260.0K +48.0% | -$1.57M -90.5% | -$436.0K +40.9% | -$1.52M -74.8% | Weakening |
| Net Profit | -$513.0K | -$852.0K | -$761.0K | -$880.0K | -$290.0K +43.5% | -$763.0K +10.4% | -$661.0K +13.1% | -$1.86M -111.5% | Weakening |
| EPS | $-0.03 | — | $-0.05 | $-0.06 | $-0.02 +33.3% | — | $-0.04 +20.0% | $-0.12 -100.0% | Weakening |
| Other Income | — | — | — | — | — | — | — | — | — |
| Interest | $13.0K | $30.0K | $23.0K | $12.0K | $30.0K +130.8% | $152.0K +406.7% | $225.0K +878.3% | $344.0K +2766.7% | Strengthening |
| Depreciation | — | — | — | — | — | — | — | — | — |
| Profit before Tax | — | — | — | — | — | — | — | — | — |
| MarginsOPM | -13.8% | -29.5% | -25.2% | -53.4% | -6.2% +55.3% | -28.9% +2.1% | -7.7% +69.3% | -32.2% +39.7% | Strengthening |
| Tax | — | — | — | — | — | — | — | — | — |
| ReturnsROIC | 0.7% | 1.2% | 1.1% | 1.3% | 0.4% -43.5% | 1.1% -10.4% | 1.0% -13.1% | 2.7% +111.5% | Strengthening |
| Line item | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | TTM |
|---|---|---|---|---|---|---|---|---|---|
| AssetsCash & Equivalents | $1.04M | $1000.0K | $1.82M | $5.53M | $2.81M | — | — | — | — |
| Short-Term Investments | — | — | — | — | — | — | — | — | — |
| Total Current Assets | $2.72M | $2.03M | $3.30M | $7.67M | $4.37M | $4.15M | $2.72M | $4.23M | $3.80M |
| Net PP&E | $2.50M | $2.61M | $2.07M | $1.68M | $819.0K | $409.0K | $333.0K | $8.30M | $8.66M |
| Goodwill | — | — | — | — | — | — | — | — | — |
| Intangibles | $537.8K | $479.5K | $430.2K | $370.0K | $306.0K | $241.0K | $178.0K | $125.0K | $125.0K |
| Total Assets | $5.76M | $5.13M | $5.82M | $9.72M | $5.50M | $4.81M | $3.32M | $12.83M | $12.72M |
| LiabilitiesTotal Current Liabilities | $2.07M | $1.88M | $2.10M | $1.50M | $2.57M | $2.31M | $2.62M | $11.03M | $5.34M |
| Short-Term Debt | — | — | $1.14M | — | — | — | $99.0K | $3.03M | $285.0K |
| Long-Term Debt | $3.62M | $1.42M | $1.14M | — | — | — | $124.0K | $470.0K | $480.0K |
| Long-Term Leases | — | $159.2K | $94.2K | $14.0K | — | — | — | — | — |
| Total Liabilities | $5.80M | $4.84M | $3.49M | $1.54M | $2.57M | $2.31M | $2.74M | $11.50M | $12.81M |
| EquityCommon Stock & APIC | $123 | $130 | $12 | $13 | — | — | — | — | — |
| Retained Earnings | -$41.15M | -$46.75M | -$50.90M | -$52.16M | -$57.97M | -$60.80M | -$63.62M | -$66.31M | -$68.84M |
| Total Equity | -$35.0K | $283.7K | $2.32M | $8.50M | $2.93M | $2.50M | $578.0K | $1.33M | -$84.0K |
| HighlightsNet Cash / (Debt) | — | — | -$461.1K | — | — | — | — | — | — |
| Line item | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | TTM |
|---|---|---|---|---|---|---|---|---|---|
| ActivitiesCash from Operating | -$4.13M | -$3.35M | -$3.27M | -$1.86M | -$2.65M | -$2.94M | -$2.23M | -$1.67M | -$3.14M |
| Cash from Investing | -$1.08M | -$471.5K | -$59.7K | -$151.0K | -$13.0K | — | -$53.0K | -$1.35M | -$2.21M |
| Cash from Financing | $4.95M | $3.87M | $4.20M | $5.73M | $5.0K | $1.81M | $626.0K | $3.10M | $4.97M |
| SummaryCapital Expenditure | -$1.11M | -$466.2K | -$59.7K | -$151.0K | -$13.0K | — | -$53.0K | -$123.0K | -$992.0K |
| Free Cash Flow | -$5.23M | -$3.82M | -$3.33M | -$2.01M | -$2.66M | — | -$2.28M | -$1.79M | -$4.13M |
| FCF Margin | -123.6% | -88.7% | -129.6% | -30.0% | -29.0% | — | -21.3% | -12.6% | -20.7% |