| Metric | Q3 FY24 | Q4 FY24 | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Trend |
|---|---|---|---|---|---|---|---|---|---|
| EarningsRevenue | $1.50M | $1.68M | $1.77M | $1.87M | $1.97M +30.7% | $1.40M -16.4% | $888.0K -50.0% | $1.45M -22.4% | Weakening |
| Operating Profit | -$2.04M | -$1.90M | -$2.09M | -$2.09M | -$2.14M -4.8% | -$2.85M -49.7% | -$3.57M -70.7% | -$2.49M -19.5% | Weakening |
| Net Profit | -$2.05M | -$1.96M | -$2.10M | -$2.04M | -$2.09M -2.1% | -$2.83M -44.4% | -$3.56M -69.8% | -$2.59M -26.8% | Weakening |
| EPS | $-0.35 | — | $-0.11 | $-0.10 | $-0.10 +71.4% | — | $-0.18 -63.6% | $-0.13 -30.0% | Weakening |
| Other Income | — | — | — | — | — | — | — | — | — |
| Interest | — | — | — | — | — | — | — | — | — |
| Depreciation | — | — | — | — | — | — | — | — | — |
| Profit before Tax | — | — | — | — | — | — | — | — | — |
| MarginsOPM | -135.5% | -113.5% | -117.9% | -111.4% | -108.7% +19.8% | -203.3% -79.1% | -402.3% -241.1% | -171.6% -54.1% | Weakening |
| Tax | — | — | — | — | — | — | — | — | — |
| ReturnsROIC | 1.5% | 1.5% | 1.6% | 1.5% | 1.6% +2.1% | 2.1% +44.4% | 2.7% +69.8% | 1.9% +26.8% | Strengthening |
| Line item | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | TTM |
|---|---|---|---|---|---|---|---|---|---|
| AssetsCash & Equivalents | $1.65M | $3.33M | $16.70M | $4.10M | $3.02M | $139.0K | $4.85M | $3.62M | $182.0K |
| Short-Term Investments | — | — | — | — | — | — | — | — | — |
| Total Current Assets | $3.71M | $5.05M | $18.31M | $5.49M | $5.42M | $1.14M | $5.53M | $4.23M | $2.32M |
| Net PP&E | $200.0K | $1.68M | $1.48M | $1.87M | $2.66M | $4.56M | $5.20M | $5.68M | $5.43M |
| Goodwill | — | — | — | — | — | — | — | $0 | $4.30M |
| Intangibles | — | — | — | — | — | — | — | — | — |
| Total Assets | $4.07M | $6.83M | $19.88M | $9.23M | $9.28M | $6.25M | $11.51M | $10.39M | $12.47M |
| LiabilitiesTotal Current Liabilities | $3.25M | $1.94M | $2.14M | $3.39M | $13.25M | $14.26M | $3.67M | $1.78M | $6.01M |
| Short-Term Debt | — | — | — | — | — | — | — | — | — |
| Long-Term Debt | — | — | — | — | — | — | — | — | — |
| Long-Term Leases | — | $1.31M | $1.87M | $1.25M | $231.0K | $1.54M | $1.41M | $1.32M | $1.34M |
| Total Liabilities | $5.13M | $3.28M | $4.22M | $5.31M | $13.49M | $15.80M | $5.26M | $3.11M | $8.39M |
| EquityCommon Stock & APIC | $133.0K | $136.0K | $174.0K | $191.0K | $11.0K | $18.0K | $156.0K | $201.0K | $228.0K |
| Retained Earnings | -$59.24M | -$54.78M | -$61.30M | -$80.10M | -$96.33M | -$110.22M | -$118.01M | -$127.07M | -$133.22M |
| Total Equity | -$1.06M | $3.56M | $15.66M | $3.92M | -$4.21M | -$9.55M | $6.25M | $7.28M | $4.08M |
| HighlightsNet Cash / (Debt) | — | — | — | — | — | — | — | — | — |
| Line item | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | TTM |
|---|---|---|---|---|---|---|---|---|---|
| ActivitiesCash from Operating | $2.58M | $4.29M | -$5.18M | -$16.56M | -$13.19M | -$7.77M | -$6.29M | -$6.76M | -$8.92M |
| Cash from Investing | -$202.0K | -$260.0K | -$320.0K | -$1.15M | -$1.48M | -$1.45M | -$1.81M | -$2.55M | $1.60M |
| Cash from Financing | -$948.0K | -$2.35M | $18.87M | $5.10M | $13.58M | $6.34M | $12.81M | $8.08M | $2.81M |
| SummaryCapital Expenditure | -$202.0K | -$260.0K | -$320.0K | -$1.06M | -$307.0K | -$157.0K | -$533.0K | -$777.0K | -$107.0K |
| Free Cash Flow | $2.38M | $4.03M | -$5.50M | -$17.62M | -$13.50M | -$7.92M | -$6.83M | -$7.54M | -$9.03M |
| FCF Margin | 23.1% | 29.5% | -83.0% | -242.1% | -179.3% | -141.2% | -118.3% | -107.4% | -158.1% |