| Metric | Q3 FY24 | Q4 FY24 | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Trend |
|---|---|---|---|---|---|---|---|---|---|
| EarningsRevenue | $4.96M | $4.22M | $2.19M | $2.03M | $1.74M -64.9% | $1.39M -67.0% | $1.60M -26.9% | $2.13M +5.2% | Weakening |
| Operating Profit | -$4.15M | -$11.79M | -$3.09M | -$6.24M | -$3.38M +18.6% | -$1.65M +86.0% | -$3.14M -1.8% | -$2.38M +61.8% | Strengthening |
| Net Profit | -$2.25M | -$11.88M | -$3.11M | -$6.06M | -$3.34M -48.7% | -$1.86M +84.3% | -$3.19M -2.4% | -$2.28M +62.4% | Strengthening |
| EPS | $-0.08 | — | $-0.10 | $-0.19 | $-0.10 -25.0% | — | $-0.08 +20.0% | $-0.04 +78.9% | Strengthening |
| Other Income | $1.89M | -$64.0K | -$23.0K | $181.0K | $38.0K -98.0% | -$205.0K -220.3% | -$41.0K -78.3% | $106.0K -41.4% | Weakening |
| Interest | — | — | — | — | — | — | — | — | — |
| Depreciation | — | — | — | — | — | — | — | — | — |
| Profit before Tax | -$2.27M | -$11.85M | -$3.11M | -$6.06M | -$3.34M -47.4% | -$1.86M +84.3% | -$3.19M -2.4% | -$2.28M +62.4% | Strengthening |
| MarginsOPM | -83.8% | -278.9% | -140.8% | -307.6% | -194.4% -132.1% | -118.6% +57.5% | -196.0% -39.2% | -111.8% +63.7% | Strengthening |
| Tax | 0.9% | -0.2% | 0.0% | 0.0% | 0.0% -100.0% | -0.3% -45.5% | 0.0% | 0.0% | Weakening |
| ReturnsROIC | 1.0% | 5.5% | 1.4% | 2.8% | 1.5% +48.7% | 0.9% -84.3% | 1.5% +2.4% | 1.1% -62.4% | Weakening |
| Line item | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | TTM |
|---|---|---|---|---|---|---|---|---|---|
| AssetsCash & Equivalents | $2.34M | $1.53M | $2.85M | $4.42M | $4.41M | $3.35M | $7.72M | $429.0K | $5.99M |
| Short-Term Investments | — | $307.0K | $181.0K | $191.0K | $107.0K | $164.0K | $131.0K | $146.0K | $116.0K |
| Total Current Assets | $3.69M | $2.69M | $4.71M | $5.97M | $8.44M | $8.37M | $9.72M | $1.99M | $7.91M |
| Net PP&E | $2.25M | $2.29M | $152.0K | $308.0K | $1.52M | $1.59M | $1.19M | $674.0K | $586.0K |
| Goodwill | — | — | — | — | — | — | — | — | — |
| Intangibles | — | — | — | — | — | — | — | — | — |
| Total Assets | $14.78M | $13.47M | $12.36M | $17.66M | $118.32M | $80.44M | $49.67M | $40.63M | $55.95M |
| LiabilitiesTotal Current Liabilities | $1.67M | $1.22M | $2.21M | $2.74M | $11.49M | $11.08M | $11.97M | $6.02M | $6.52M |
| Short-Term Debt | — | — | — | — | — | — | — | — | — |
| Long-Term Debt | — | — | — | — | — | — | — | — | — |
| Long-Term Leases | — | $142.0K | $78.0K | $19.0K | $794.0K | $611.0K | $415.0K | $206.0K | $95.0K |
| Total Liabilities | $3.06M | $2.26M | $3.80M | $4.23M | $39.97M | $33.92M | $25.47M | $16.43M | $18.91M |
| EquityCommon Stock & APIC | $13.0K | $13.0K | $33.0K | $47.0K | $250.0K | $253.0K | $279.0K | $345.0K | $525.0K |
| Retained Earnings | -$127.13M | -$127.68M | -$134.12M | -$135.89M | -$138.59M | -$171.82M | -$197.54M | -$211.91M | -$217.38M |
| Total Equity | $9.72M | $9.21M | $8.57M | $13.44M | $78.35M | $46.75M | $24.20M | $24.20M | $37.04M |
| HighlightsNet Cash / (Debt) | — | — | — | — | — | — | — | — | — |
| Line item | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | TTM |
|---|---|---|---|---|---|---|---|---|---|
| ActivitiesCash from Operating | -$490.0K | $638.0K | -$717.0K | -$153.0K | $10.90M | $5.47M | $4.59M | -$7.14M | -$4.26M |
| Cash from Investing | -$1.31M | -$281.0K | -$1.11M | -$3.33M | -$16.95M | $2.83M | $5.77M | -$11.88M | -$17.47M |
| Cash from Financing | $863.0K | -$1.17M | $3.15M | $5.05M | $6.04M | -$9.36M | -$5.98M | $11.73M | $20.99M |
| SummaryCapital Expenditure | -$11.0K | — | — | -$196.0K | -$435.0K | -$3.38M | -$2.58M | -$2.13M | -$91.0K |
| Free Cash Flow | -$501.0K | — | — | -$349.0K | $10.46M | $2.09M | $2.01M | -$9.27M | -$4.35M |
| FCF Margin | -9.0% | — | — | -5.2% | 23.5% | 6.5% | 9.7% | -126.0% | -63.4% |