| Metric | Q3 FY24 | Q4 FY24 | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Trend |
|---|---|---|---|---|---|---|---|---|---|
| EarningsRevenue | $12.72M | $12.21M | $13.36M | $16.25M | $15.97M +25.5% | $13.06M +6.9% | $9.70M -27.3% | $13.16M -19.0% | Weakening |
| Operating Profit | -$6.03M | -$7.14M | -$5.91M | -$3.28M | -$3.78M +37.3% | -$10.20M -42.8% | -$5.73M +3.2% | -$2.90M +11.6% | Weakening |
| Net Profit | -$6.78M | -$9.84M | -$6.80M | -$7.03M | -$11.07M -63.3% | -$45.04M -357.6% | -$6.63M +2.5% | -$4.39M +37.6% | Weakening |
| EPS | $-0.98 | — | $-9.28 | $-5.77 | $-0.20 +79.6% | — | $-0.64 +93.1% | $-0.43 +92.5% | Strengthening |
| Other Income | -$753.0K | -$2.70M | -$883.0K | -$3.75M | -$7.29M -868.4% | -$34.93M -1195.2% | -$898.0K -1.7% | -$1.49M +60.4% | Weakening |
| Interest | $5.62M | $6.25M | $4.70M | $5.44M | $6.41M +14.1% | $3.71M -40.6% | $1.47M -68.8% | $1.54M -71.8% | Weakening |
| Depreciation | — | — | — | — | — | — | — | — | — |
| Profit before Tax | -$6.78M | -$9.84M | -$6.80M | -$7.03M | -$11.07M -63.3% | -$45.13M -358.6% | -$6.63M +2.5% | -$4.39M +37.6% | Weakening |
| MarginsOPM | -47.4% | -58.5% | -44.3% | -20.2% | -23.7% +50.1% | -78.1% -33.5% | -59.0% -33.3% | -22.0% -9.1% | Weakening |
| Tax | — | — | — | — | — | — | — | — | — |
| ReturnsROIC | 4.2% | 6.0% | 4.2% | 4.3% | 6.8% +63.3% | 27.6% +357.6% | 4.1% -2.5% | 2.7% -37.6% | Strengthening |
| Line item | FY21 | FY22 | FY23 | FY24 | FY25 | TTM |
|---|---|---|---|---|---|---|
| AssetsCash & Equivalents | $25.59M | $17.78M | $12.71M | $4.85M | $18.27M | $6.28M |
| Short-Term Investments | — | — | — | — | — | — |
| Total Current Assets | $66.08M | $73.83M | $55.92M | $32.92M | $50.18M | $34.75M |
| Net PP&E | $10.17M | $15.27M | $19.28M | $41.84M | $35.98M | $34.96M |
| Goodwill | — | — | — | — | — | — |
| Intangibles | — | — | — | — | — | $194.0K |
| Total Assets | $76.25M | $89.11M | $75.20M | $75.21M | $86.55M | $70.29M |
| LiabilitiesTotal Current Liabilities | $17.99M | $41.46M | $40.38M | $21.86M | $19.76M | $14.85M |
| Short-Term Debt | — | $19.24M | $19.68M | — | $433.0K | $506.0K |
| Long-Term Debt | — | $76.19M | $75.86M | $29.65M | $9.21M | $10.61M |
| Long-Term Leases | $4.69M | $3.54M | $2.23M | $22.59M | $20.47M | $19.41M |
| Total Liabilities | $60.19M | $78.36M | $47.29M | $84.62M | $52.76M | $47.00M |
| EquityCommon Stock & APIC | $4.0K | $4.0K | $1.0K | $1.0K | $1.0K | $1.0K |
| Retained Earnings | $12.44M | -$27.72M | -$41.54M | -$82.15M | -$152.09M | -$163.10M |
| Total Equity | $15.89M | $10.74M | $27.91M | -$9.40M | $11.53M | -$184.0K |
| HighlightsNet Cash / (Debt) | — | -$77.65M | -$82.83M | — | $8.63M | -$4.84M |
| Line item | FY21 | FY22 | FY23 | FY24 | FY25 | TTM |
|---|---|---|---|---|---|---|
| ActivitiesCash from Operating | -$13.57M | -$45.70M | -$17.71M | -$7.19M | -$25.97M | -$28.74M |
| Cash from Investing | -$2.91M | -$6.83M | -$6.88M | -$2.68M | -$1.95M | -$1.10M |
| Cash from Financing | $38.91M | $41.67M | $19.52M | $2.00M | $41.34M | $33.39M |
| SummaryCapital Expenditure | -$2.97M | -$6.86M | -$6.88M | -$2.68M | -$1.95M | -$968.0K |
| Free Cash Flow | -$16.54M | -$52.56M | -$24.59M | -$9.87M | -$27.92M | -$29.71M |
| FCF Margin | -21.2% | -60.9% | -38.2% | -19.5% | -47.6% | -57.3% |