| Metric | Q3 FY24 | Q4 FY24 | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Trend |
|---|---|---|---|---|---|---|---|---|---|
| EarningsRevenue | $773.0K | $603.0K | $381.0K | $316.0K | $137.0K -82.3% | $365.0K -39.5% | $398.0K +4.5% | $287.0K -9.2% | Weakening |
| Operating Profit | -$4.65M | -$4.28M | -$5.18M | -$5.40M | -$7.31M -57.2% | -$5.40M -26.1% | -$4.78M +7.8% | -$6.17M -14.3% | Weakening |
| Net Profit | -$4.42M | -$4.08M | -$5.01M | -$5.03M | -$7.22M -63.4% | -$5.44M -33.3% | -$4.74M +5.5% | -$6.07M -20.8% | Weakening |
| EPS | $-0.34 | — | $-0.34 | $-0.33 | $-0.39 -14.7% | — | $-0.19 +44.1% | $-0.19 +42.4% | Strengthening |
| Other Income | $230.0K | $200.0K | $170.0K | $369.0K | $89.0K -61.3% | -$45.0K -122.5% | $39.0K -77.1% | $98.0K -73.4% | Weakening |
| Interest | — | — | — | — | — | — | — | — | — |
| Depreciation | — | — | — | — | — | — | — | — | — |
| Profit before Tax | — | — | — | — | — | — | — | — | — |
| MarginsOPM | -601.4% | -710.3% | -1359.8% | -1707.9% | -5335.8% -787.2% | -1479.2% -108.3% | -1199.8% +11.8% | -2150.2% -25.9% | Weakening |
| Tax | — | — | — | — | — | — | — | — | — |
| ReturnsROIC | 3.1% | 2.9% | 3.5% | 3.5% | 5.0% +63.4% | 3.8% +33.3% | 3.3% -5.5% | 4.2% +20.8% | Strengthening |
| Line item | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | TTM |
|---|---|---|---|---|---|---|---|
| AssetsCash & Equivalents | $816.0K | $25.66M | $10.50M | $4.95M | $19.23M | $4.66M | $10.08M |
| Short-Term Investments | — | — | $9.15M | $412.0K | $0 | — | — |
| Total Current Assets | $1.85M | $35.38M | $20.28M | $5.85M | $19.62M | $5.45M | $11.32M |
| Net PP&E | $5.70M | $4.88M | $4.48M | $3.75M | $3.33M | $2.35M | $1.95M |
| Goodwill | — | — | — | — | — | — | — |
| Intangibles | $1.55M | $2.33M | $2.41M | $2.29M | $2.40M | $2.29M | $2.20M |
| Total Assets | $9.24M | $42.77M | $27.41M | $12.08M | $25.56M | $10.26M | $15.49M |
| LiabilitiesTotal Current Liabilities | $3.83M | $2.71M | $4.87M | $3.89M | $2.58M | $4.09M | $4.31M |
| Short-Term Debt | $139.0K | — | — | — | — | — | — |
| Long-Term Debt | $311.0K | — | — | — | — | — | — |
| Long-Term Leases | — | — | $2.04M | $1.45M | $824.0K | $169.0K | $0 |
| Total Liabilities | $7.28M | $5.31M | $6.91M | $5.34M | $3.67M | $4.59M | $5.08M |
| EquityCommon Stock & APIC | — | $5.0K | $6.0K | — | — | — | — |
| Retained Earnings | — | -$43.94M | -$62.77M | -$84.98M | -$109.61M | -$132.31M | -$143.12M |
| Total Equity | $1.96M | $37.45M | $20.50M | $6.74M | $21.89M | $5.67M | $10.40M |
| HighlightsNet Cash / (Debt) | $366.0K | — | — | — | — | — | — |
| Line item | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | TTM |
|---|---|---|---|---|---|---|---|
| ActivitiesCash from Operating | -$2.36M | -$9.64M | -$13.97M | -$19.00M | -$13.87M | -$18.64M | -$20.37M |
| Cash from Investing | -$261.0K | -$10.70M | -$677.0K | $8.19M | -$640.0K | -$595.0K | -$305.0K |
| Cash from Financing | $1.57M | $45.17M | -$509.0K | $5.26M | $28.79M | $4.67M | $20.42M |
| SummaryCapital Expenditure | -$131.0K | -$330.0K | -$569.0K | -$301.0K | -$655.0K | -$245.0K | -$160.0K |
| Free Cash Flow | -$2.50M | -$9.97M | -$14.54M | -$19.30M | -$14.52M | -$18.89M | -$20.53M |
| FCF Margin | -44.3% | -763.1% | -1189.7% | -2722.6% | -607.1% | -1575.5% | -1729.9% |