| Metric | Q3 FY24 | Q4 FY24 | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Trend |
|---|---|---|---|---|---|---|---|---|---|
| EarningsRevenue | $3.66M | -$2.18M | $2.95M | $2.75M | $3.32M -9.3% | $3.27M | $3.11M +5.5% | $2.43M -11.6% | Weakening |
| Operating Profit | -$9.18M | -$4.55M | -$6.78M | -$8.37M | -$5.21M +43.2% | -$6.56M -44.3% | -$6.35M +6.3% | -$7.96M +4.9% | Weakening |
| Net Profit | $1.29M | -$9.06M | -$3.93M | -$9.61M | -$3.87M -400.8% | $70.79M | -$7.47M -89.9% | -$7.65M +20.4% | Weakening |
| EPS | $0.03 | — | $-0.10 | $-0.23 | $-0.09 -400.0% | — | $-0.17 -70.0% | $-0.17 +26.1% | Weakening |
| Other Income | — | — | — | — | — | — | — | — | — |
| Interest | $131.0K | $2.07M | $1.08M | $518.0K | $265.0K +102.3% | — | — | — | — |
| Depreciation | — | — | — | — | — | — | — | — | — |
| Profit before Tax | $3.35M | -$2.33M | -$1.88M | -$7.08M | -$375.0K -111.2% | -$6.52M -180.1% | -$7.82M -316.4% | -$7.64M -7.8% | Weakening |
| MarginsOPM | -250.6% | 208.6% | -229.7% | -304.5% | -156.7% +37.4% | -200.5% -196.1% | -203.8% +11.2% | -327.9% -7.7% | Weakening |
| Tax | 0.2% | -0.1% | -0.4% | -0.1% | -2.1% -987.5% | 0.2% | -0.9% -107.0% | -0.1% +9.1% | Weakening |
| ReturnsROIC | -0.7% | 4.7% | 2.1% | 5.0% | 2.0% | -37.0% -881.3% | 3.9% +89.9% | 4.0% -20.4% | Weakening |
| Line item | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | TTM |
|---|---|---|---|---|---|---|---|---|
| AssetsCash & Equivalents | $2.48M | $39.15M | $30.39M | $16.99M | $19.28M | $13.24M | $36.35M | $19.90M |
| Short-Term Investments | — | — | — | — | — | — | — | — |
| Total Current Assets | $18.45M | $59.71M | $47.43M | $50.70M | $31.25M | $26.17M | $55.82M | $37.22M |
| Net PP&E | $988.0K | $1.16M | $1.20M | $471.0K | $443.0K | $825.0K | $4.94M | $2.92M |
| Goodwill | — | — | — | — | — | — | — | — |
| Intangibles | $25.26M | $21.86M | $18.47M | $15.07M | $11.67M | $2.60M | $1.53M | $990.0K |
| Total Assets | $44.77M | $82.81M | $67.17M | $68.84M | $43.43M | $36.13M | $62.35M | $43.65M |
| LiabilitiesTotal Current Liabilities | $18.27M | $26.78M | $26.00M | $42.62M | $43.04M | $37.80M | $25.14M | $21.05M |
| Short-Term Debt | $1.69M | $6.31M | $8.06M | — | $3.32M | $1.25M | — | — |
| Long-Term Debt | $19.61M | $17.81M | $10.41M | $24.26M | $20.36M | $22.60M | — | — |
| Long-Term Leases | — | — | — | $956.0K | — | $16.0K | $3.59M | $3.69M |
| Total Liabilities | $55.43M | $61.98M | $53.65M | $73.87M | $82.03M | $82.39M | $34.68M | $27.90M |
| EquityCommon Stock & APIC | $1.0K | — | — | — | — | — | — | — |
| Retained Earnings | -$56.94M | -$80.26M | -$105.09M | -$137.99M | -$175.64M | -$229.59M | -$176.21M | -$191.33M |
| Total Equity | -$55.11M | $20.83M | $13.52M | -$5.03M | -$38.60M | -$46.26M | $27.67M | $15.75M |
| HighlightsNet Cash / (Debt) | -$18.82M | $15.03M | $11.92M | — | -$4.40M | -$10.61M | — | — |
| Line item | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | TTM |
|---|---|---|---|---|---|---|---|---|
| ActivitiesCash from Operating | -$7.22M | -$13.63M | -$15.45M | -$21.43M | -$21.76M | -$22.66M | -$44.81M | -$43.99M |
| Cash from Investing | -$577.0K | -$640.0K | -$369.0K | -$540.0K | $14.21M | -$474.0K | $78.56M | $78.83M |
| Cash from Financing | $7.98M | $51.21M | $6.71M | $8.54M | $9.84M | $17.09M | -$10.64M | -$23.44M |
| SummaryCapital Expenditure | -$577.0K | -$640.0K | -$369.0K | -$540.0K | -$346.0K | -$654.0K | -$1.88M | -$2.03M |
| Free Cash Flow | -$7.80M | -$14.27M | -$15.81M | -$21.97M | -$22.11M | -$23.31M | -$46.69M | -$46.03M |
| FCF Margin | -18.2% | -33.4% | -33.4% | -92.1% | -89.3% | -161.1% | -379.8% | -379.3% |