| Metric | Q3 FY24 | Q4 FY24 | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Trend |
|---|---|---|---|---|---|---|---|---|---|
| EarningsRevenue | $8.61M | $9.15M | $8.73M | $9.62M | $9.48M +10.1% | $9.23M +0.9% | $8.86M +1.6% | $9.63M +0.2% | Stable |
| Operating Profit | -$4.83M | -$3.40M | -$3.89M | -$3.62M | -$2.86M +40.7% | -$4.38M -29.1% | -$3.04M +21.7% | -$2.64M +27.0% | Strengthening |
| Net Profit | -$2.77M | -$7.57M | -$1.48M | $1.95M | -$3.17M -14.5% | -$5.50M +27.4% | -$5.13M -246.8% | -$4.42M -326.9% | Weakening |
| EPS | $-0.05 | — | $-0.02 | $0.03 | $-0.05 +0.0% | — | $-0.08 -300.0% | $-0.07 -333.3% | Weakening |
| Other Income | $2.06M | -$5.86M | $2.41M | $5.56M | -$709.0K -134.4% | -$1.11M +81.0% | -$2.08M -186.6% | -$1.78M -132.0% | Weakening |
| Interest | — | — | — | — | — | — | — | — | — |
| Depreciation | — | — | — | — | — | — | — | — | — |
| Profit before Tax | -$2.77M | -$9.41M | -$1.48M | — | -$3.57M -29.0% | — | — | — | — |
| MarginsOPM | -56.1% | -37.1% | -44.5% | -37.6% | -30.2% +46.2% | -47.5% -27.9% | -34.3% +22.9% | -27.4% +27.1% | Strengthening |
| Tax | 0.0% | — | 0.0% | — | 11.2% | — | — | — | — |
| ReturnsROIC | 0.9% | 2.4% | 0.5% | -0.6% | 1.0% +14.5% | 1.7% -27.4% | 1.6% +246.8% | 1.4% | Strengthening |
| Line item | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | TTM |
|---|---|---|---|---|---|---|---|---|---|
| AssetsCash & Equivalents | $22.37M | $12.23M | $71.42M | $52.14M | $22.14M | $14.13M | $3.28M | $6.25M | $4.41M |
| Short-Term Investments | — | — | — | — | — | — | — | — | — |
| Total Current Assets | $28.26M | $20.90M | $82.45M | $64.30M | $33.76M | $25.40M | $21.60M | $20.63M | $15.74M |
| Net PP&E | $3.18M | $3.00M | $3.15M | $18.57M | $23.35M | $22.12M | $20.51M | $18.75M | $17.78M |
| Goodwill | — | — | — | — | — | — | — | — | — |
| Intangibles | $2.63M | $3.36M | $4.22M | $4.70M | $4.39M | $3.91M | $3.72M | $3.23M | $2.86M |
| Total Assets | $34.20M | $27.38M | $89.95M | $89.52M | $63.23M | $52.96M | $47.37M | $44.18M | $37.96M |
| LiabilitiesTotal Current Liabilities | $6.92M | $9.94M | $10.15M | $13.69M | $9.71M | $14.04M | $9.82M | $9.71M | $24.02M |
| Short-Term Debt | $666.7K | $1.67M | $0 | — | — | $2.50M | — | — | $14.15M |
| Long-Term Debt | $9.27M | $13.39M | $0 | — | $5.00M | $2.54M | $14.00M | $16.67M | $3.09M |
| Long-Term Leases | $1.07M | $642.7K | $581.6K | $13.25M | $13.14M | $12.90M | $12.44M | $11.90M | $11.60M |
| Total Liabilities | $17.26M | $23.96M | $10.73M | $26.94M | $27.86M | $29.48M | $36.27M | $38.28M | $38.71M |
| EquityCommon Stock & APIC | $31.8K | $32.6K | $43.2K | $43.5K | $43.6K | $54.2K | $55.0K | $63.0K | $63.0K |
| Retained Earnings | -$169.52M | -$188.79M | -$196.63M | -$221.19M | -$254.00M | -$283.29M | -$304.01M | -$312.21M | -$321.75M |
| Total Equity | $16.93M | $3.42M | $79.22M | $62.58M | $35.37M | $23.48M | $11.11M | $5.90M | -$751.0K |
| HighlightsNet Cash / (Debt) | $12.43M | -$2.82M | $71.42M | — | — | $9.09M | — | — | -$12.83M |
| Line item | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | TTM |
|---|---|---|---|---|---|---|---|---|---|
| ActivitiesCash from Operating | -$10.84M | -$16.76M | -$5.61M | -$14.01M | -$28.23M | -$21.66M | -$14.43M | -$12.38M | -$9.15M |
| Cash from Investing | -$1.52M | -$1.52M | -$1.68M | -$4.28M | -$6.46M | -$936.2K | -$669.0K | -$415.0K | -$275.0K |
| Cash from Financing | $17.47M | $8.18M | $66.35M | $715.2K | $4.96M | $14.47M | $9.33M | $9.31M | — |
| SummaryCapital Expenditure | -$672.0K | -$698.2K | -$708.4K | -$3.64M | -$6.09M | -$538.1K | -$284.0K | -$164.0K | -$150.0K |
| Free Cash Flow | -$11.51M | -$17.46M | -$6.32M | -$17.65M | -$34.32M | -$22.19M | -$14.71M | -$12.54M | -$9.30M |
| FCF Margin | -51.2% | -70.0% | -15.4% | -40.9% | -98.9% | -71.4% | -41.3% | -33.8% | -25.0% |