| Metric | Q3 FY24 | Q4 FY24 | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Trend |
|---|---|---|---|---|---|---|---|---|---|
| EarningsRevenue | $6.59M | — | $10.19M | $12.08M | $13.07M +98.4% | $15.16M | $16.12M +58.2% | $18.94M +56.7% | Strengthening |
| Operating Profit | -$7.78M | — | -$5.72M | -$6.50M | -$9.04M -16.2% | -$9.32M | -$9.28M -62.2% | -$11.04M -69.7% | Weakening |
| Net Profit | -$7.81M | -$4.72M | -$5.73M | -$6.77M | -$8.53M -9.1% | -$8.61M -82.5% | -$8.70M -51.8% | -$10.51M -55.3% | Weakening |
| EPS | $-2.06 | — | $-1.47 | $-1.47 | $-0.40 +80.6% | — | $-0.32 +78.2% | $-0.39 +73.5% | Strengthening |
| Other Income | — | — | — | — | — | — | — | — | — |
| Interest | $402.0K | — | $357.0K | $363.0K | $380.0K -5.5% | $330.0K | $311.0K -12.9% | $313.0K -13.8% | Weakening |
| Depreciation | — | — | — | — | — | — | — | — | — |
| Profit before Tax | — | — | — | — | — | — | — | — | — |
| MarginsOPM | -118.0% | — | -56.1% | -53.8% | -69.1% +41.4% | -61.4% | -57.6% -2.5% | -58.3% -8.3% | Weakening |
| Tax | — | — | — | — | — | — | — | — | — |
| ReturnsROIC | 6.5% | 3.9% | 4.8% | 5.6% | 7.1% +9.1% | 7.2% +82.5% | 7.2% +51.8% | 8.8% +55.3% | Strengthening |
| Line item | FY24 | FY25 | TTM |
|---|---|---|---|
| AssetsCash & Equivalents | $40.13M | $85.79M | $46.24M |
| Short-Term Investments | — | — | — |
| Total Current Assets | $49.35M | $126.67M | $109.60M |
| Net PP&E | $1.90M | $3.31M | $8.35M |
| Goodwill | — | — | — |
| Intangibles | — | — | — |
| Total Assets | $51.82M | $130.12M | $118.20M |
| LiabilitiesTotal Current Liabilities | $8.82M | $14.28M | $12.40M |
| Short-Term Debt | — | — | — |
| Long-Term Debt | $15.41M | $15.35M | $15.38M |
| Long-Term Leases | $1.32M | $1.32M | $5.83M |
| Total Liabilities | $26.23M | $31.25M | $33.96M |
| EquityCommon Stock & APIC | $0 | $0 | $0 |
| Retained Earnings | -$71.17M | -$100.81M | -$120.01M |
| Total Equity | -$70.63M | $98.87M | $84.25M |
| HighlightsNet Cash / (Debt) | — | — | — |
| Line item | FY24 | FY25 | TTM |
|---|---|---|---|
| ActivitiesCash from Operating | -$25.47M | -$28.98M | -$34.15M |
| Cash from Investing | -$180.0K | -$25.48M | -$44.44M |
| Cash from Financing | $58.50M | $100.13M | $91.35M |
| SummaryCapital Expenditure | -$180.0K | -$642.0K | -$432.0K |
| Free Cash Flow | -$25.65M | -$29.62M | -$34.58M |
| FCF Margin | -94.4% | -58.6% | -54.6% |