| Metric | Q3 FY24 | Q4 FY24 | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Trend |
|---|---|---|---|---|---|---|---|---|---|
| EarningsRevenue | $53.27M | $6.75M | $50.89M | $49.02M | $60.17M +13.0% | $33.98M +403.7% | $50.16M -1.4% | $47.28M -3.5% | Strengthening |
| Operating Profit | -$4.00M | -$3.93M | -$1.18M | -$2.35M | -$1.97M +50.7% | -$2.17M +44.7% | -$8.93M -655.6% | -$7.13M -203.8% | Weakening |
| Net Profit | -$4.66M | -$3.11M | -$183.8K | -$1.62M | -$3.81M +18.3% | $19.96M | -$8.87M -4727.9% | -$7.08M -337.4% | Weakening |
| EPS | $-0.13 | — | $-0.02 | $-0.05 | — | — | $-0.20 -900.0% | $-0.16 -220.0% | Weakening |
| Other Income | — | — | — | — | — | — | — | — | — |
| Interest | $558.6K | $607.7K | $463.6K | $660.8K | $262.5K -53.0% | -$25.9K -104.3% | -$56.5K -112.2% | -$45.7K -106.9% | Weakening |
| Depreciation | — | — | — | — | — | — | — | — | — |
| Profit before Tax | -$4.55M | — | -$1.65M | -$3.01M | -$3.39M +25.6% | -$2.15M | -$8.87M -439.3% | -$7.08M -135.5% | Weakening |
| MarginsOPM | -7.5% | -58.2% | -2.3% | -4.8% | -3.3% +56.4% | -6.4% +89.0% | -17.8% -667.2% | -15.1% -214.8% | Weakening |
| Tax | -5.1% | — | — | — | -5.0% +2.2% | — | — | — | — |
| ReturnsROIC | 1.9% | 1.3% | 0.1% | 0.7% | 1.5% -18.3% | -8.1% -742.5% | 3.6% +4727.9% | 2.9% +337.4% | Strengthening |
| Line item | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | TTM |
|---|---|---|---|---|---|---|---|---|---|
| AssetsCash & Equivalents | $180.1K | $1.11M | $9.18M | $41.33M | $3.96M | $33.15M | $35.00M | $36.79M | $25.14M |
| Short-Term Investments | — | — | — | — | — | — | — | — | — |
| Total Current Assets | $1.61M | $2.75M | $12.41M | $44.92M | $11.31M | $42.60M | $52.37M | $51.83M | $42.08M |
| Net PP&E | — | $23.6K | $274.4K | $1.99M | $1.68M | $1.07M | $7.67M | $7.71M | $6.88M |
| Goodwill | — | — | — | $0 | $8.00M | — | — | — | — |
| Intangibles | $1.01M | $675.5K | $339.8K | $19.8K | $3.83M | $3.01M | $53.3K | $262.3K | $198.5K |
| Total Assets | $2.62M | $3.45M | $13.40M | $49.92M | $25.67M | $58.48M | $76.10M | $70.41M | $59.89M |
| LiabilitiesTotal Current Liabilities | $1.19M | $3.98M | $13.93M | $22.83M | $31.37M | $34.78M | $67.40M | $41.57M | $46.61M |
| Short-Term Debt | — | — | — | — | — | — | — | — | — |
| Long-Term Debt | — | — | — | — | — | — | — | — | — |
| Long-Term Leases | — | — | $192.3K | $1.18M | $574.1K | $73.8K | $6.28M | $5.68M | $5.32M |
| Total Liabilities | $1.80M | $4.58M | $14.22M | $24.10M | $32.97M | $52.91M | $83.65M | $47.25M | $51.93M |
| EquityCommon Stock & APIC | $457.8K | $106.8K | $234.3K | $307.0K | $315.5K | $383.6K | $422.9K | $467.6K | $479.2K |
| Retained Earnings | -$12.14M | -$16.59M | -$80.15M | -$141.92M | -$190.56M | -$214.27M | -$239.85M | -$228.60M | -$246.11M |
| Total Equity | $897.7K | -$988.2K | -$2.30M | $22.74M | -$11.40M | $3.51M | -$9.08M | $23.16M | $7.97M |
| HighlightsNet Cash / (Debt) | — | — | — | — | — | — | — | — | — |
| Line item | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | TTM |
|---|---|---|---|---|---|---|---|---|---|
| ActivitiesCash from Operating | -$905.5K | $251.4K | -$12.13M | -$33.09M | -$22.94M | $8.82M | $17.51M | $8.28M | -$9.91M |
| Cash from Investing | $141.4K | -$100.0K | -$798.1K | -$3.40M | -$13.91M | -$8.73M | -$11.54M | $6.91M | $9.78M |
| Cash from Financing | $802.8K | $775.1K | $21.00M | $68.64M | -$528.2K | $29.10M | -$4.12M | -$13.41M | -$10.96M |
| SummaryCapital Expenditure | — | — | — | -$247.4K | -$366.6K | -$203.8K | -$1.46M | -$1.87M | -$1.15M |
| Free Cash Flow | — | — | — | -$33.33M | -$23.30M | $8.62M | $16.05M | $6.41M | -$11.06M |
| FCF Margin | — | — | — | -35.9% | -19.6% | 5.6% | 10.4% | 3.3% | -5.8% |