| Metric | Q3 FY24 | Q4 FY24 | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Trend |
|---|---|---|---|---|---|---|---|---|---|
| EarningsRevenue | $17.20M | $18.53M | $20.49M | $21.20M | $22.59M +31.4% | $24.78M +33.7% | $26.49M +29.3% | $28.10M +32.5% | Strengthening |
| Operating Profit | -$9.94M | -$12.88M | -$14.21M | -$14.95M | -$14.65M -47.4% | -$14.60M -13.3% | -$20.75M -46.0% | -$19.98M -33.6% | Weakening |
| Net Profit | -$10.42M | -$12.58M | -$12.78M | -$13.64M | -$13.46M -29.3% | -$13.53M -7.6% | -$19.74M -54.5% | -$19.27M -41.2% | Weakening |
| EPS | $-1.85 | — | $-0.36 | $-0.38 | $-0.37 +80.0% | — | $-0.52 -44.4% | $-0.51 -34.2% | Weakening |
| Other Income | — | — | — | — | — | — | — | — | — |
| Interest | $530.0K | $499.0K | $471.0K | $477.0K | $480.0K -9.4% | $462.0K -7.4% | $434.0K -7.9% | $438.0K -8.2% | Weakening |
| Depreciation | — | — | — | — | — | — | — | — | — |
| Profit before Tax | -$10.42M | -$12.58M | -$12.78M | -$13.64M | -$13.46M -29.3% | -$13.53M -7.6% | -$19.74M -54.5% | -$19.27M -41.2% | Weakening |
| MarginsOPM | -57.8% | -69.5% | -69.3% | -70.5% | -64.8% -12.2% | -58.9% +15.3% | -78.3% -12.9% | -71.1% -0.8% | Stable |
| Tax | — | — | — | 0.0% | — | — | — | 0.0% | — |
| ReturnsROIC | 2.9% | 3.5% | 3.6% | 3.8% | 3.8% +29.3% | 3.8% +7.6% | 5.5% +54.5% | 5.4% +41.2% | Strengthening |
| Line item | FY23 | FY24 | FY25 | TTM |
|---|---|---|---|---|
| AssetsCash & Equivalents | $34.49M | $194.37M | $40.48M | $32.66M |
| Short-Term Investments | — | — | $118.78M | $96.60M |
| Total Current Assets | $51.96M | $217.27M | $186.72M | $157.85M |
| Net PP&E | $3.74M | $4.45M | $4.33M | $3.54M |
| Goodwill | — | — | — | — |
| Intangibles | — | — | — | — |
| Total Assets | $58.92M | $225.41M | $195.80M | $166.35M |
| LiabilitiesTotal Current Liabilities | $21.60M | $12.99M | $19.19M | $17.20M |
| Short-Term Debt | — | — | — | — |
| Long-Term Debt | — | — | — | — |
| Long-Term Leases | $1.68M | $1.31M | $1.36M | $748.0K |
| Total Liabilities | $23.76M | $34.25M | $40.47M | $38.03M |
| EquityCommon Stock & APIC | $5.0K | $36.0K | $38.0K | $39.0K |
| Retained Earnings | -$126.49M | -$166.94M | -$220.36M | -$259.36M |
| Total Equity | -$112.25M | $191.16M | $155.34M | $128.31M |
| HighlightsNet Cash / (Debt) | — | — | — | — |
| Line item | FY23 | FY24 | FY25 | TTM |
|---|---|---|---|---|
| ActivitiesCash from Operating | -$29.16M | -$35.04M | -$40.81M | -$54.03M |
| Cash from Investing | -$1.76M | -$1.60M | -$118.14M | $41.00M |
| Cash from Financing | -$2.82M | $196.52M | $5.05M | $5.55M |
| SummaryCapital Expenditure | -$983.0K | -$1.34M | -$767.0K | -$690.0K |
| Free Cash Flow | -$30.14M | -$36.38M | -$41.58M | -$54.72M |
| FCF Margin | -66.6% | -55.6% | -46.7% | -53.7% |