| Metric | Q3 FY24 | Q4 FY24 | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Trend |
|---|---|---|---|---|---|---|---|---|---|
| EarningsRevenue | $6.97M | $7.92M | $8.75M | $9.65M | $12.46M +78.7% | $13.78M +73.8% | $15.11M +72.6% | $17.87M +85.2% | Strengthening |
| Operating Profit | -$5.20M | -$934.0K | -$808.0K | -$2.73M | -$189.0K +96.4% | -$2.55M -173.3% | -$119.0K +85.3% | $1.74M | Weakening |
| Net Profit | -$5.74M | -$1.99M | -$1.17M | -$3.15M | -$638.0K +88.9% | -$4.79M -141.1% | $201.0K | $1.97M | Weakening |
| EPS | $-0.21 | — | $-0.04 | $-0.11 | $-0.02 +90.5% | — | $0.01 | $0.06 | Strengthening |
| Other Income | -$533.0K | -$686.0K | -$357.0K | -$420.0K | -$449.0K +15.8% | -$2.13M -210.1% | $320.0K | $278.0K | Weakening |
| Interest | — | — | — | — | — | — | — | — | — |
| Depreciation | — | — | — | — | — | — | — | — | — |
| Profit before Tax | — | — | — | -$3.15M | — | — | — | $2.02M | — |
| MarginsOPM | -74.6% | -11.8% | -9.2% | -28.3% | -1.5% +98.0% | -18.5% -57.2% | -0.8% +91.4% | 9.7% | Strengthening |
| Tax | — | — | — | — | — | — | — | 2.1% | — |
| ReturnsROIC | 16.8% | 5.8% | 3.4% | 9.3% | 1.9% -88.9% | 14.1% +141.1% | -0.6% -117.3% | -5.8% -162.6% | Weakening |
| Line item | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | TTM |
|---|---|---|---|---|---|---|---|---|---|
| AssetsCash & Equivalents | $22.78M | $13.65M | $30.34M | $21.10M | $23.77M | $13.27M | $26.63M | $36.79M | $41.25M |
| Short-Term Investments | — | — | — | — | — | — | — | — | — |
| Total Current Assets | $22.95M | $13.88M | $31.42M | $22.39M | $26.73M | $26.86M | $44.12M | $67.04M | $72.50M |
| Net PP&E | — | — | — | — | — | — | — | — | — |
| Goodwill | — | — | — | — | — | — | — | — | — |
| Intangibles | — | — | — | — | — | — | — | — | — |
| Total Assets | $22.95M | $14.15M | $31.42M | $22.41M | $26.94M | $26.86M | $44.95M | $70.55M | $75.75M |
| LiabilitiesTotal Current Liabilities | $1.64M | $2.27M | $2.35M | $1.65M | $4.61M | $7.55M | $6.92M | $10.52M | $12.39M |
| Short-Term Debt | — | — | — | — | — | — | — | — | — |
| Long-Term Debt | — | — | — | $5.00M | $24.90M | $30.93M | $19.34M | — | — |
| Long-Term Leases | — | — | — | — | — | $2.0K | — | — | — |
| Total Liabilities | $1.64M | $2.27M | $2.35M | $6.64M | $29.51M | $38.49M | $50.82M | $35.08M | $33.31M |
| EquityCommon Stock & APIC | $106.39M | $106.39M | $140.73M | $140.80M | $142.59M | $144.31M | $145.61M | $189.91M | $193.19M |
| Retained Earnings | -$131.26M | -$144.03M | -$162.14M | -$179.49M | -$203.20M | -$219.25M | -$219.68M | -$229.42M | -$227.25M |
| Total Equity | $21.31M | $11.88M | $29.07M | $15.77M | -$2.57M | -$11.62M | -$5.87M | $35.47M | $42.44M |
| HighlightsNet Cash / (Debt) | — | — | — | — | — | — | — | — | — |
| Line item | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | TTM |
|---|---|---|---|---|---|---|---|---|---|
| ActivitiesCash from Operating | -$7.83M | -$9.06M | -$15.60M | -$14.22M | -$18.06M | -$17.14M | $26.98M | -$12.47M | -$2.04M |
| Cash from Investing | $0 | — | — | — | — | — | — | — | — |
| Cash from Financing | $2.35M | -$71.0K | $32.29M | $4.98M | $20.73M | $6.64M | -$13.62M | $22.63M | $24.58M |
| SummaryCapital Expenditure | — | — | — | — | — | — | — | — | — |
| Free Cash Flow | — | — | — | — | — | — | — | — | — |
| FCF Margin | — | — | — | — | — | — | — | — | — |