| Metric | Q3 FY24 | Q4 FY24 | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Trend |
|---|---|---|---|---|---|---|---|---|---|
| EarningsRevenue | $4.55M | $5.41M | $5.88M | $6.28M | $6.44M +41.6% | $6.08M +12.2% | $6.32M +7.4% | $6.31M +0.5% | Strengthening |
| Operating Profit | -$5.58M | -$4.05M | -$2.28M | -$2.18M | -$3.19M +42.9% | -$6.91M -70.3% | -$5.21M -128.8% | -$5.38M -147.5% | Weakening |
| Net Profit | -$5.46M | -$4.03M | -$2.23M | -$2.22M | -$3.19M +41.6% | -$3.02M +25.0% | -$4.82M -116.3% | -$4.79M -116.1% | Weakening |
| EPS | $-0.21 | $-0.16 | — | $-0.08 | $-0.11 +47.6% | $-0.09 +43.8% | — | $-0.13 -62.5% | Weakening |
| Other Income | — | — | — | — | — | — | — | — | — |
| Interest | — | — | — | — | — | — | — | — | — |
| Depreciation | — | — | — | — | — | — | — | — | — |
| Profit before Tax | -$5.43M | -$3.98M | -$2.22M | -$2.16M | -$3.14M +42.2% | -$3.27M +17.9% | -$4.80M -115.8% | -$4.87M -125.1% | Weakening |
| MarginsOPM | -122.7% | -74.9% | -38.7% | -34.6% | -49.5% +59.7% | -113.7% -51.7% | -82.4% -113.0% | -85.3% -146.3% | Weakening |
| Tax | -0.4% | -1.1% | -0.3% | -2.5% | -1.3% -209.5% | 7.7% | -0.5% -85.2% | 1.6% | Weakening |
| ReturnsROIC | 10.3% | 7.6% | 4.2% | 4.2% | 6.0% -41.6% | 5.7% -25.0% | 9.1% +116.3% | 9.0% +116.1% | Strengthening |
| Line item | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 | TTM |
|---|---|---|---|---|---|---|---|---|---|
| AssetsCash & Equivalents | $42.49M | $51.51M | $44.23M | $36.97M | $27.21M | $14.43M | $13.43M | $67.21M | $77.05M |
| Short-Term Investments | — | — | — | — | — | — | — | — | — |
| Total Current Assets | $77.36M | $79.11M | $63.45M | $54.69M | $41.88M | $30.11M | $23.45M | $79.19M | $89.79M |
| Net PP&E | $9.00M | $8.74M | $8.01M | $8.25M | $8.11M | $2.70M | $10.36M | $9.15M | $9.06M |
| Goodwill | $7.98M | $7.98M | $7.98M | $7.98M | $7.98M | $7.98M | $7.98M | $7.98M | $7.98M |
| Intangibles | $2.72M | $2.49M | $2.26M | $2.02M | $1.79M | $1.56M | $1.32M | $1.09M | $1.03M |
| Total Assets | $106.22M | $102.56M | $87.61M | $76.42M | $59.88M | $42.46M | $43.32M | $97.95M | $108.53M |
| LiabilitiesTotal Current Liabilities | $8.73M | $8.26M | $7.46M | $8.86M | $7.20M | $5.37M | $7.07M | $9.20M | $9.80M |
| Short-Term Debt | — | — | — | — | — | — | — | — | — |
| Long-Term Debt | — | — | — | — | — | — | — | — | — |
| Long-Term Leases | — | $142.0K | $324.0K | $361.0K | $238.0K | $955.0K | $8.00M | $6.98M | $6.81M |
| Total Liabilities | $13.07M | $12.92M | $12.02M | $11.97M | $8.50M | $6.49M | $15.09M | $16.19M | $16.63M |
| EquityCommon Stock & APIC | $22.0K | $23.0K | $24.0K | $24.0K | $25.0K | $25.0K | $26.0K | $37.0K | $38.0K |
| Retained Earnings | $59.71M | $49.37M | $27.87M | $11.50M | -$4.48M | -$24.57M | -$35.20M | -$48.45M | -$53.24M |
| Total Equity | $93.16M | $89.64M | $75.59M | $64.45M | $51.37M | $35.97M | $28.23M | $81.76M | $91.91M |
| HighlightsNet Cash / (Debt) | — | — | — | — | — | — | — | — | — |
| Line item | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 | TTM |
|---|---|---|---|---|---|---|---|---|---|
| ActivitiesCash from Operating | $3.01M | -$4.68M | -$15.25M | -$13.83M | -$16.84M | -$17.35M | -$12.97M | -$15.92M | -$18.07M |
| Cash from Investing | -$3.47M | $9.97M | $3.29M | $4.20M | $6.68M | $2.76M | $11.35M | -$486.0K | -$823.0K |
| Cash from Financing | $2.72M | $3.72M | $4.69M | $2.37M | $402.0K | $1.81M | $633.0K | $70.19M | $73.21M |
| SummaryCapital Expenditure | -$2.09M | -$331.0K | -$203.0K | -$774.0K | -$316.0K | -$645.0K | -$45.0K | -$486.0K | -$823.0K |
| Free Cash Flow | $916.0K | -$5.01M | -$15.46M | -$14.60M | -$17.16M | -$18.00M | -$13.02M | -$16.41M | -$18.89M |
| FCF Margin | 1.8% | -11.6% | -55.7% | -43.7% | -57.8% | -82.7% | -63.5% | -65.3% | -75.1% |