| Metric | Q3 FY24 | Q4 FY24 | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Trend |
|---|---|---|---|---|---|---|---|---|---|
| EarningsRevenue | $12.60M | $14.13M | $15.09M | $19.01M | $18.36M +45.7% | $19.20M +35.8% | $15.16M +0.5% | $23.25M +22.3% | Strengthening |
| Operating Profit | -$3.25M | -$3.88M | $79.0K | $480.0K | -$4.49M -38.1% | -$3.37M +13.0% | -$1.54M -2054.4% | $9.18M +1812.5% | Weakening |
| Net Profit | -$3.06M | -$2.81M | $319.0K | $784.0K | -$3.74M -22.3% | -$3.79M -34.6% | -$1.33M -516.3% | $8.88M +1032.9% | Strengthening |
| EPS | $-0.06 | — | $0.01 | $0.01 | $-0.06 +0.0% | — | $-0.02 -300.0% | $0.15 +1400.0% | Strengthening |
| Other Income | — | — | — | — | — | — | — | — | — |
| Interest | — | — | — | — | — | — | — | — | — |
| Depreciation | — | — | — | — | — | — | — | — | — |
| Profit before Tax | -$3.02M | -$2.81M | $347.0K | $669.0K | -$3.95M -31.0% | -$3.48M -23.6% | -$1.30M -475.8% | $9.32M +1292.5% | Strengthening |
| MarginsOPM | -25.8% | -27.4% | 0.5% | 2.5% | -24.5% +5.2% | -17.6% +36.0% | -10.2% -2057.7% | 39.5% +1467.1% | Weakening |
| Tax | -3.3% | 2.4% | 8.1% | -17.2% | 5.1% | -8.7% -457.4% | -1.8% -122.8% | 4.7% | Weakening |
| ReturnsROIC | 0.9% | 0.8% | -0.1% | -0.2% | 1.1% +22.3% | 1.1% +34.6% | 0.4% | -2.6% -1032.9% | Weakening |
| Line item | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | TTM |
|---|---|---|---|---|---|---|---|---|
| AssetsCash & Equivalents | $1.09M | $11.20M | $15.22M | $40.01M | $37.72M | $7.83M | $18.32M | $5.38M |
| Short-Term Investments | — | — | — | — | — | — | — | — |
| Total Current Assets | $48.63M | $51.24M | $113.29M | $69.51M | $45.29M | $39.52M | $37.44M | $16.33M |
| Net PP&E | $1.45M | $1.35M | $1.34M | $4.80M | $4.08M | $3.58M | $3.17M | $2.95M |
| Goodwill | — | — | $2.79M | $0 | — | — | — | — |
| Intangibles | — | — | $1.37M | $251.0K | — | — | — | — |
| Total Assets | $82.51M | $88.59M | $217.58M | $154.11M | $101.02M | $86.18M | $75.73M | $67.47M |
| LiabilitiesTotal Current Liabilities | $17.83M | $21.68M | $47.97M | $30.96M | $23.40M | $23.86M | $30.31M | $20.82M |
| Short-Term Debt | — | — | — | — | — | — | — | — |
| Long-Term Debt | — | — | — | — | — | — | — | — |
| Long-Term Leases | — | — | — | $4.65M | $4.28M | $3.89M | $3.46M | $3.23M |
| Total Liabilities | $18.66M | $43.62M | $55.64M | $36.49M | $28.38M | $28.33M | $34.24M | $26.00M |
| EquityCommon Stock & APIC | $1.0K | $4.0K | $5.0K | $5.0K | $5.0K | $5.0K | $5.0K | $5.0K |
| Retained Earnings | -$91.51M | -$152.55M | -$190.18M | -$241.10M | -$290.00M | -$308.41M | -$335.84M | -$338.45M |
| Total Equity | -$91.32M | $44.97M | $161.94M | $117.63M | $72.65M | $57.85M | $41.49M | $41.46M |
| HighlightsNet Cash / (Debt) | — | — | — | — | — | — | — | — |
| Line item | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | TTM |
|---|---|---|---|---|---|---|---|---|
| ActivitiesCash from Operating | -$44.71M | -$53.51M | -$73.24M | -$39.52M | -$16.17M | $8.15M | $13.06M | $5.40M |
| Cash from Investing | -$8.99M | $25.45M | -$74.94M | $62.70M | $14.00M | -$31.41M | $23.15M | $16.48M |
| Cash from Financing | — | $36.62M | $148.34M | -$218.0K | -$123.0K | -$7.01M | -$25.78M | -$23.44M |
| SummaryCapital Expenditure | -$767.0K | -$367.0K | -$351.0K | -$130.0K | -$5.0K | $0 | -$102.0K | -$25.0K |
| Free Cash Flow | -$45.48M | -$53.88M | -$73.59M | -$39.65M | -$16.18M | $8.15M | $12.96M | $5.37M |
| FCF Margin | -252.3% | -136.0% | -103.3% | -50.8% | -28.4% | 15.9% | 18.1% | 7.1% |