| Metric | Q3 FY24 | Q4 FY24 | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Trend |
|---|---|---|---|---|---|---|---|---|---|
| EarningsRevenue | $32.81M | $40.78M | $38.90M | $37.20M | $38.21M +16.5% | $40.59M -0.5% | $34.71M -10.8% | $37.67M +1.3% | Weakening |
| Operating Profit | -$4.46M | $4.17M | $3.15M | -$1.64M | -$4.09M +8.2% | $38.0K -99.1% | -$4.76M -251.1% | -$2.04M -24.9% | Weakening |
| Net Profit | -$4.85M | $3.66M | $2.63M | -$2.38M | -$17.50M -260.9% | -$2.95M -180.6% | -$8.11M -407.8% | -$5.49M -130.5% | Weakening |
| EPS | $-0.03 | — | $0.02 | $-0.02 | $-0.10 -233.3% | — | $-0.04 -300.0% | $-0.03 -50.0% | Weakening |
| Other Income | — | — | — | — | — | — | — | — | — |
| Interest | — | — | — | — | — | — | — | — | — |
| Depreciation | — | — | — | — | — | — | — | — | — |
| Profit before Tax | — | — | — | — | — | — | — | — | — |
| MarginsOPM | -13.6% | 10.2% | 8.1% | -4.4% | -10.7% +21.2% | 0.1% -99.1% | -13.7% -269.3% | -5.4% -23.4% | Weakening |
| Tax | — | — | — | — | — | — | — | — | — |
| ReturnsROIC | 0.2% | -0.2% | -0.1% | 0.1% | 0.9% +260.9% | 0.2% | 0.4% | 0.3% +130.5% | Strengthening |
| Line item | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | TTM |
|---|---|---|---|---|---|---|---|---|---|
| AssetsCash & Equivalents | $31.84M | $71.90M | $105.14M | $90.54M | $15.36M | $28.68M | $25.80M | $28.65M | $20.72M |
| Short-Term Investments | — | — | — | — | — | — | — | — | — |
| Total Current Assets | $447.25M | $479.06M | $314.20M | $254.42M | $205.44M | $188.77M | $209.01M | $238.07M | $229.84M |
| Net PP&E | $14.68M | $33.37M | $39.01M | $33.56M | $29.80M | $25.60M | $17.65M | $12.40M | $17.41M |
| Goodwill | — | — | — | — | — | — | — | — | — |
| Intangibles | — | — | — | — | — | — | — | — | — |
| Total Assets | $462.18M | $512.78M | $353.56M | $305.71M | $250.95M | $222.51M | $233.15M | $255.88M | $252.26M |
| LiabilitiesTotal Current Liabilities | $92.02M | $96.70M | $102.50M | $71.06M | $82.36M | $79.69M | $91.46M | $96.10M | $92.14M |
| Short-Term Debt | — | — | — | — | — | — | — | — | — |
| Long-Term Debt | — | — | — | — | — | — | — | — | — |
| Long-Term Leases | — | $12.24M | $14.56M | $8.00M | $5.50M | $2.80M | — | $0 | $5.50M |
| Total Liabilities | $92.02M | $108.95M | $117.06M | $228.14M | $237.38M | $256.48M | $266.80M | $241.54M | $245.35M |
| EquityCommon Stock & APIC | $782.0K | $903.0K | $913.0K | $1.02M | $1.19M | $1.50M | $1.52M | $1.88M | $1.90M |
| Retained Earnings | -$960.72M | -$1.17B | -$1.39B | -$1.61B | -$1.80B | -$1.91B | -$1.92B | -$1.94B | -$1.95B |
| Total Equity | $370.16M | $403.83M | $236.49M | $77.57M | $13.57M | -$33.97M | -$33.65M | $14.33M | $6.91M |
| HighlightsNet Cash / (Debt) | — | — | — | — | — | — | — | — | — |
| Line item | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | TTM |
|---|---|---|---|---|---|---|---|---|---|
| ActivitiesCash from Operating | -$191.81M | -$124.58M | -$184.82M | -$203.35M | -$146.91M | -$58.79M | -$22.53M | -$27.59M | -$11.61M |
| Cash from Investing | -$278.55M | -$21.78M | $208.96M | $32.73M | -$3.32M | $18.00M | $18.71M | $16.01M | $2.20M |
| Cash from Financing | $357.61M | $186.43M | $9.11M | $156.03M | $75.06M | $54.11M | $940.0K | $14.43M | $13.61M |
| SummaryCapital Expenditure | -$9.17M | -$7.15M | -$6.81M | -$3.02M | -$1.82M | -$1.54M | -$1.71M | -$317.0K | -$529.0K |
| Free Cash Flow | -$200.98M | -$131.73M | -$191.63M | -$206.38M | -$148.74M | -$60.33M | -$24.23M | -$27.91M | -$12.13M |
| FCF Margin | -259.4% | -90.2% | -216.2% | -239.0% | -138.1% | -47.5% | -16.8% | -18.0% | -8.0% |