| Metric | Q3 FY24 | Q4 FY24 | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Trend |
|---|---|---|---|---|---|---|---|---|---|
| EarningsRevenue | $11.20M | $15.10M | $19.78M | $24.16M | $20.56M +83.6% | $20.73M +37.3% | $24.99M +26.3% | $29.13M +20.6% | Strengthening |
| Operating Profit | -$1.26M | $3.04M | $642.0K | $2.59M | -$388.0K +69.2% | -$2.18M -171.9% | -$1.64M -355.0% | $2.40M -7.5% | Weakening |
| Net Profit | $1.86M | -$3.40M | $1.07M | $2.70M | $830.0K -55.5% | -$1.90M +44.2% | -$1.07M -200.1% | $2.67M -1.1% | Weakening |
| EPS | $0.06 | — | $0.03 | $0.08 | $0.02 -66.7% | — | $-0.03 -200.0% | $0.07 -12.5% | Weakening |
| Other Income | — | — | — | — | — | — | — | — | — |
| Interest | — | — | — | — | — | — | — | — | — |
| Depreciation | — | — | — | — | — | — | — | — | — |
| Profit before Tax | $1.86M | -$3.40M | $1.26M | $3.21M | $375.0K -79.9% | -$1.33M +60.7% | -$908.0K -171.8% | $3.16M -1.4% | Weakening |
| MarginsOPM | -11.2% | 20.1% | 3.3% | 10.7% | -1.9% +83.2% | -10.5% -152.4% | -6.5% -301.5% | 8.2% -23.3% | Weakening |
| Tax | 0.0% | 0.0% | 15.4% | 15.8% | -121.3% | -42.1% | -17.8% -215.6% | 15.5% -2.0% | Weakening |
| ReturnsROIC | -0.4% | 0.6% | -0.2% | -0.5% | -0.2% +55.5% | 0.4% -44.2% | 0.2% | -0.5% +1.1% | Weakening |
| Line item | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | TTM |
|---|---|---|---|---|---|---|---|---|---|
| AssetsCash & Equivalents | $2.52M | $10.00M | $28.57M | $22.80M | $7.67M | $12.65M | $32.41M | $43.45M | $47.52M |
| Short-Term Investments | — | — | — | — | — | — | — | — | — |
| Total Current Assets | $5.92M | $12.62M | $32.34M | $31.15M | $16.16M | $37.16M | $73.76M | $119.53M | $130.54M |
| Net PP&E | $925.0K | $1.59M | $2.30M | $1.97M | $1.71M | $1.46M | $2.83M | $4.10M | $6.48M |
| Goodwill | — | — | — | — | — | — | — | — | — |
| Intangibles | — | — | — | — | — | — | — | — | — |
| Total Assets | $6.84M | $14.21M | $34.63M | $33.12M | $17.86M | $38.61M | $76.59M | $123.63M | $137.02M |
| LiabilitiesTotal Current Liabilities | $17.75M | $15.99M | $10.04M | $5.95M | $14.73M | $16.45M | $6.14M | $10.95M | $13.28M |
| Short-Term Debt | — | — | — | — | — | — | — | — | — |
| Long-Term Debt | — | — | — | — | $15.69M | $10.15M | $0 | — | — |
| Long-Term Leases | $0 | $197.0K | $450.0K | $207.0K | — | $0 | $933.0K | $835.0K | $2.27M |
| Total Liabilities | $21.78M | $20.57M | $12.56M | $21.17M | $23.72M | $22.84M | $7.84M | $12.41M | $15.87M |
| EquityCommon Stock & APIC | $0 | $1.0K | $60.0K | $79.0K | $100.0K | $228.0K | $331.0K | $347.0K | $346.0K |
| Retained Earnings | -$344.05M | -$371.17M | -$395.33M | -$420.98M | -$457.48M | -$505.16M | -$531.55M | -$528.85M | -$527.25M |
| Total Equity | -$14.94M | -$6.36M | $22.08M | $11.95M | -$5.86M | $15.78M | $68.75M | $111.22M | $121.14M |
| HighlightsNet Cash / (Debt) | — | — | — | — | — | — | — | — | — |
| Line item | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | TTM |
|---|---|---|---|---|---|---|---|---|---|
| ActivitiesCash from Operating | -$14.73M | -$23.69M | -$22.87M | -$22.60M | -$24.95M | -$31.25M | -$18.68M | $22.52M | $19.59M |
| Cash from Investing | -$76.0K | -$24.0K | -$782.0K | -$143.0K | -$209.0K | -$19.71M | -$981.0K | -$26.59M | -$2.10M |
| Cash from Financing | $13.24M | $30.30M | $42.35M | $20.82M | $10.14M | $51.78M | $39.41M | $15.05M | -$4.26M |
| SummaryCapital Expenditure | -$76.0K | -$24.0K | -$782.0K | -$143.0K | -$209.0K | -$58.0K | -$559.0K | -$1.55M | -$2.08M |
| Free Cash Flow | -$14.81M | -$23.71M | -$23.65M | -$22.75M | -$25.16M | -$31.31M | -$19.24M | $20.97M | $17.51M |
| FCF Margin | — | — | — | -639.9% | -925.3% | -1516.2% | -51.7% | 24.6% | 18.3% |