| Metric | Q3 FY24 | Q4 FY24 | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Trend |
|---|---|---|---|---|---|---|---|---|---|
| EarningsRevenue | $7.42M | $7.60M | $6.75M | $5.37M | $5.01M -32.5% | $5.23M -31.2% | $5.58M -17.3% | $5.18M -3.6% | Weakening |
| Operating Profit | -$12.03M | -$11.67M | -$9.41M | -$9.20M | -$9.48M +21.2% | -$8.56M +26.6% | -$7.31M +22.3% | -$6.48M +29.6% | Strengthening |
| Net Profit | -$12.33M | -$9.63M | -$9.23M | -$12.99M | -$10.47M +15.1% | -$9.03M +6.2% | -$8.25M +10.6% | -$7.92M +39.0% | Strengthening |
| EPS | $-4.91 | — | $-2.87 | $-3.54 | $-2.96 +39.7% | — | $-1.25 +56.4% | $-0.85 +76.0% | Strengthening |
| Other Income | -$313.0K | $2.19M | $204.0K | -$3.79M | -$982.0K -213.7% | -$386.0K -117.6% | -$883.0K -532.8% | -$1.12M +70.5% | Weakening |
| Interest | — | — | — | — | $1.16M | — | $1.15M | $1.12M | Stable |
| Depreciation | — | — | — | — | — | — | — | — | — |
| Profit before Tax | -$12.34M | -$9.48M | -$9.21M | -$12.99M | -$10.47M +15.2% | -$8.95M +5.6% | -$8.19M +11.0% | -$7.60M +41.5% | Strengthening |
| MarginsOPM | -162.1% | -153.4% | -139.3% | -171.3% | -189.4% -16.9% | -163.7% -6.7% | -130.9% +6.1% | -125.2% +27.0% | Strengthening |
| Tax | 0.1% | — | -0.2% | 0.0% | 0.0% -100.0% | -0.9% | -0.7% -191.7% | -4.3% | Weakening |
| ReturnsROIC | 2.6% | 2.1% | 2.0% | 2.8% | 2.2% -15.1% | 1.9% -6.2% | 1.8% -10.6% | 1.7% -39.0% | Weakening |
| Line item | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | TTM |
|---|---|---|---|---|---|---|---|---|---|
| AssetsCash & Equivalents | $11.00M | $20.39M | $28.59M | $35.81M | $49.36M | $36.80M | $27.76M | $21.80M | $6.63M |
| Short-Term Investments | — | — | — | — | — | — | — | — | — |
| Total Current Assets | $13.10M | $22.94M | $34.13M | $45.60M | $65.52M | $47.33M | $40.53M | $35.07M | $22.13M |
| Net PP&E | $733.0K | $1.41M | $1.07M | $989.0K | $1.99M | $1.87M | $1.77M | $1.27M | $1.53M |
| Goodwill | — | — | $0 | $41.64M | $41.64M | $41.64M | $57.43M | $57.43M | $57.43M |
| Intangibles | — | — | — | $12.46M | $9.92M | $5.40M | $18.76M | $15.93M | $15.00M |
| Total Assets | $14.09M | $24.57M | $35.41M | $100.77M | $119.19M | $96.39M | $118.88M | $110.08M | $96.59M |
| LiabilitiesTotal Current Liabilities | $5.16M | $5.22M | $7.03M | $14.38M | $19.35M | $12.49M | $16.64M | $9.32M | $9.58M |
| Short-Term Debt | — | — | — | $0 | $8.82M | $3.95M | $5.45M | — | — |
| Long-Term Debt | — | — | — | $0 | $18.11M | $24.59M | $23.47M | $30.75M | $31.06M |
| Long-Term Leases | $0 | $455.0K | $222.0K | $21.0K | $827.0K | $885.0K | $765.0K | $571.0K | $777.0K |
| Total Liabilities | $5.16M | $5.67M | $7.26M | $15.22M | $39.19M | $38.24M | $46.87M | $42.15M | $41.50M |
| EquityCommon Stock & APIC | $0 | $0 | $0 | $2.0K | $3.0K | $3.0K | $4.0K | $4.0K | $4.0K |
| Retained Earnings | -$89.25M | -$110.14M | -$143.25M | -$222.01M | -$285.85M | -$349.36M | -$390.34M | -$452.08M | -$468.25M |
| Total Equity | $8.93M | $18.89M | $28.15M | $85.55M | $80.00M | $58.14M | $72.02M | $67.92M | $55.09M |
| HighlightsNet Cash / (Debt) | — | — | — | $35.81M | $22.43M | $8.25M | -$1.16M | — | — |
| Line item | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | TTM |
|---|---|---|---|---|---|---|---|---|---|
| ActivitiesCash from Operating | -$11.47M | -$15.72M | -$17.74M | -$50.41M | -$47.84M | -$30.38M | -$38.56M | -$25.94M | -$25.34M |
| Cash from Investing | -$72.0K | -$113.0K | -$1.62M | -$8.13M | -$573.0K | -$547.0K | -$8.93M | -$4.34M | -$7.38M |
| Cash from Financing | $18.74M | $25.25M | $27.55M | $65.77M | $61.94M | $18.25M | $38.53M | $24.31M | — |
| SummaryCapital Expenditure | -$71.0K | -$98.0K | -$118.0K | -$261.0K | -$442.0K | -$584.0K | -$138.0K | -$142.0K | -$136.0K |
| Free Cash Flow | -$11.54M | -$15.82M | -$17.85M | -$50.67M | -$48.29M | -$30.96M | -$38.70M | -$26.08M | -$25.48M |
| FCF Margin | -156.1% | -209.3% | -235.7% | -247.0% | -174.6% | -152.1% | -143.1% | -116.7% | -121.3% |