| Metric | Q3 FY24 | Q4 FY24 | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Trend |
|---|---|---|---|---|---|---|---|---|---|
| EarningsRevenue | $6.55M | $7.05M | $6.72M | $7.38M | $8.69M +32.6% | $9.24M +31.2% | $9.58M +42.6% | $9.45M +28.0% | Strengthening |
| Operating Profit | -$2.65M | -$3.07M | -$3.82M | -$3.51M | -$2.88M -8.8% | -$2.94M +4.2% | -$5.32M -39.1% | -$2.77M +20.9% | Weakening |
| Net Profit | -$2.50M | -$3.23M | -$3.85M | -$3.67M | -$3.40M -36.4% | -$3.04M +6.0% | -$5.27M -36.7% | -$3.06M +16.7% | Weakening |
| EPS | $-0.31 | — | $-0.47 | $-0.44 | $-0.40 -29.0% | — | $-0.59 -25.5% | $-0.33 +25.0% | Stable |
| Other Income | $154.0K | -$128.0K | — | — | — | — | — | — | — |
| Interest | $5.0K | $375.5K | $5.0K | $5.0K | $208.0K +4060.0% | $372.0K -0.9% | $318.0K +6260.0% | $321.0K +6320.0% | Strengthening |
| Depreciation | — | — | — | — | — | — | — | — | — |
| Profit before Tax | -$2.50M | -$3.20M | -$3.90M | -$3.67M | -$3.40M -36.4% | -$2.98M +6.7% | -$5.59M -43.3% | -$3.06M +16.7% | Weakening |
| MarginsOPM | -40.5% | -43.6% | -56.9% | -47.5% | -33.2% +17.9% | -31.8% +27.0% | -55.5% +2.5% | -29.3% +38.3% | Strengthening |
| Tax | — | — | 1.2% | — | — | — | 5.7% +366.7% | — | Strengthening |
| ReturnsROIC | 1.2% | 1.6% | 1.9% | 1.8% | 1.7% +36.4% | 1.5% -6.0% | 2.6% +36.7% | 1.5% -16.7% | Strengthening |
| Line item | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | TTM |
|---|---|---|---|---|---|---|---|---|---|
| AssetsCash & Equivalents | $7.60M | $13.56M | $4.24M | $34.69M | $17.71M | $10.33M | $3.70M | $7.04M | $8.50M |
| Short-Term Investments | — | — | — | — | — | — | $8.52M | $4.58M | $1.54M |
| Total Current Assets | $72.70M | $26.53M | $25.06M | $37.54M | $21.17M | $14.29M | $16.30M | $15.67M | $14.12M |
| Net PP&E | $380.9K | $1.78M | $761.3K | $760.0K | $615.0K | $706.0K | $3.90M | $2.95M | $2.89M |
| Goodwill | — | — | — | — | — | — | — | — | — |
| Intangibles | — | — | — | — | — | — | — | — | — |
| Total Assets | $73.50M | $35.46M | $31.52M | $42.83M | $24.76M | $16.10M | $20.47M | $18.67M | $17.06M |
| LiabilitiesTotal Current Liabilities | $7.07M | $9.14M | $5.89M | $5.49M | $7.04M | $8.12M | $9.15M | $11.35M | $11.67M |
| Short-Term Debt | — | — | $311.6K | — | — | — | — | — | $1.00M |
| Long-Term Debt | — | — | — | — | — | — | — | $6.61M | $5.77M |
| Long-Term Leases | — | $1.42M | $885.3K | $700.0K | $625.0K | $537.0K | $3.77M | $2.42M | $2.41M |
| Total Liabilities | $7.32M | $10.56M | $7.87M | $6.18M | $7.67M | $8.66M | $12.93M | $20.38M | $19.85M |
| EquityCommon Stock & APIC | — | $29.8K | $45.6K | $5.0K | $5.0K | $6.0K | $7.0K | $8.0K | $9.0K |
| Retained Earnings | -$38.33M | -$83.48M | -$106.99M | -$124.21M | -$146.37M | -$165.20M | -$177.09M | -$191.06M | -$199.39M |
| Total Equity | $65.55M | $24.26M | $23.01M | $36.65M | $17.09M | $7.44M | $7.54M | -$1.71M | -$2.79M |
| HighlightsNet Cash / (Debt) | — | — | — | — | — | — | — | — | $3.28M |
| Line item | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | TTM |
|---|---|---|---|---|---|---|---|---|---|
| ActivitiesCash from Operating | -$47.11M | -$45.07M | -$20.05M | -$13.63M | -$16.64M | -$14.67M | -$6.95M | -$8.19M | -$9.73M |
| Cash from Investing | -$36.83M | $50.97M | -$7.96M | $18.22M | — | -$206.0K | -$8.52M | $3.88M | $2.22M |
| Cash from Financing | $78.33M | $160.8K | $18.90M | $25.68M | — | $7.49M | $8.44M | $7.63M | $12.42M |
| SummaryCapital Expenditure | -$278.9K | -$69.7K | — | — | — | -$206.0K | — | -$66.0K | -$10.0K |
| Free Cash Flow | -$47.39M | -$45.14M | — | — | — | -$14.87M | — | -$8.25M | -$9.74M |
| FCF Margin | -4772.6% | -1888.3% | — | — | — | -92.8% | — | -25.8% | -26.4% |