| Metric | Q3 FY24 | Q4 FY24 | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Trend |
|---|---|---|---|---|---|---|---|---|---|
| EarningsRevenue | — | — | — | — | — | — | — | — | — |
| Operating Profit | -$6.88M | -$8.42M | -$8.14M | -$8.01M | -$9.03M -31.2% | -$9.21M -9.4% | -$10.48M -28.7% | -$10.50M -31.1% | Weakening |
| Net Profit | -$6.27M | -$7.90M | -$7.71M | -$7.70M | -$8.62M -37.4% | -$8.74M -10.6% | -$10.04M -30.3% | -$10.14M -31.7% | Weakening |
| EPS | $-0.15 | — | $-0.18 | $-0.18 | $-0.17 -13.3% | — | $-0.19 -5.6% | $-0.19 -5.6% | Weakening |
| Other Income | $616.0K | — | — | $314.0K | $419.0K -32.0% | — | — | — | — |
| Interest | — | — | — | — | — | — | — | — | — |
| Depreciation | — | — | — | — | — | — | — | — | — |
| Profit before Tax | -$6.27M | -$7.89M | -$7.70M | -$7.69M | -$8.61M -37.5% | -$8.73M -10.6% | -$10.04M -30.3% | -$10.13M -31.7% | Weakening |
| MarginsOPM | — | — | — | — | — | — | — | — | — |
| Tax | -0.1% | -0.1% | -0.1% | -0.1% | -0.1% +36.4% | -0.1% +0.0% | -0.1% +12.5% | -0.1% +12.5% | Strengthening |
| ReturnsROIC | 2.7% | 3.4% | 3.3% | 3.3% | 3.7% +37.4% | 3.8% +10.6% | 4.3% +30.3% | 4.4% +31.7% | Strengthening |
| Line item | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | TTM |
|---|---|---|---|---|---|---|---|---|---|
| AssetsCash & Equivalents | $16.82M | $3.88M | $7.41M | $4.71M | $4.73M | $4.54M | $3.02M | $15.65M | $5.13M |
| Short-Term Investments | — | $4.00M | $20.10M | $40.41M | $28.77M | $48.35M | $41.12M | $44.24M | $38.38M |
| Total Current Assets | $17.97M | $8.84M | $27.92M | $45.44M | $33.84M | $53.67M | $44.61M | $60.63M | $44.31M |
| Net PP&E | $96.0K | $217.0K | $174.0K | $112.0K | $560.0K | $485.0K | $427.0K | $342.0K | $286.0K |
| Goodwill | — | — | — | — | — | — | — | — | — |
| Intangibles | — | — | — | — | — | — | — | — | — |
| Total Assets | $18.34M | $9.05M | $28.09M | $45.55M | $34.40M | $54.16M | $46.34M | $61.37M | $45.00M |
| LiabilitiesTotal Current Liabilities | $1.30M | $1.32M | $2.03M | $1.52M | $2.17M | $2.79M | $5.39M | $5.13M | $6.59M |
| Short-Term Debt | — | — | — | — | — | — | — | — | — |
| Long-Term Debt | — | — | — | — | — | — | — | — | — |
| Long-Term Leases | — | $105.0K | $46.0K | $3.0K | $396.0K | $316.0K | $225.0K | $124.0K | $69.0K |
| Total Liabilities | $1.31M | $1.44M | $2.08M | $1.53M | $2.57M | $3.10M | $5.63M | $5.26M | $6.66M |
| EquityCommon Stock & APIC | — | — | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Retained Earnings | -$45.97M | -$56.62M | -$68.91M | -$82.50M | -$96.18M | -$115.56M | -$140.00M | -$172.77M | -$192.95M |
| Total Equity | $17.02M | $7.62M | $26.01M | $44.02M | $31.83M | $51.06M | $40.72M | $56.11M | $38.34M |
| HighlightsNet Cash / (Debt) | — | — | — | — | — | — | — | — | — |
| Line item | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | TTM |
|---|---|---|---|---|---|---|---|---|---|
| ActivitiesCash from Operating | -$5.70M | -$9.10M | -$9.19M | -$12.25M | -$11.51M | -$18.73M | -$22.08M | -$29.06M | -$31.51M |
| Cash from Investing | -$50.0K | -$3.91M | -$16.13M | -$20.54M | $11.54M | -$18.30M | $8.56M | -$2.19M | -$11.64M |
| Cash from Financing | $21.22M | $70.0K | $28.84M | $30.09M | -$6.0K | $36.84M | $11.99M | $43.88M | $44.17M |
| SummaryCapital Expenditure | -$50.0K | -$2.0K | -$47.0K | -$22.0K | -$81.0K | -$24.0K | -$25.0K | -$40.0K | -$33.0K |
| Free Cash Flow | -$5.75M | -$9.10M | -$9.23M | -$12.27M | -$11.59M | -$18.75M | -$22.10M | -$29.10M | -$31.54M |
| FCF Margin | -1149.2% | — | — | — | — | — | — | — | — |