| Metric | Q3 FY24 | Q4 FY24 | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Trend |
|---|---|---|---|---|---|---|---|---|---|
| EarningsRevenue | $0 | $0 | $0 | $0 | — | — | $0 | $0 | — |
| Operating Profit | -$2.97M | -$4.20M | -$5.15M | -$4.14M | -$5.20M -74.9% | -$8.73M -107.9% | -$7.68M -49.3% | -$7.62M -83.9% | Weakening |
| Net Profit | -$2.66M | -$3.94M | -$4.77M | -$3.52M | -$4.10M -54.3% | -$7.19M -82.6% | -$6.34M -33.0% | -$5.75M -63.5% | Weakening |
| EPS | — | — | — | — | — | — | — | — | — |
| Other Income | — | — | — | — | — | — | — | — | — |
| Interest | — | — | — | — | — | — | — | — | — |
| Depreciation | — | — | — | — | — | — | — | — | — |
| Profit before Tax | -$2.66M | -$3.94M | -$4.77M | -$3.52M | -$4.10M -54.3% | -$7.19M -82.6% | -$6.34M -33.0% | -$5.75M -63.5% | Weakening |
| MarginsOPM | — | — | — | — | — | — | — | — | — |
| Tax | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | — |
| ReturnsROIC | 1.4% | 2.0% | 2.4% | 1.8% | 2.1% +54.3% | 3.7% +82.6% | 3.2% +33.0% | 2.9% +63.5% | Strengthening |
| Line item | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | TTM |
|---|---|---|---|---|---|---|---|---|---|
| AssetsCash & Equivalents | $24.64M | $17.96M | $21.53M | $24.75M | $28.90M | $28.60M | $39.99M | $2.00M | $192.10M |
| Short-Term Investments | — | — | — | — | — | — | — | — | — |
| Total Current Assets | $24.77M | $18.41M | $21.70M | $24.86M | $29.02M | $28.81M | $40.32M | $202.58M | $238.49M |
| Net PP&E | — | — | — | — | — | — | — | — | — |
| Goodwill | — | — | — | — | — | — | — | — | — |
| Intangibles | — | $1.14M | $85.6K | $101.6K | $108.2K | $108.9K | $108.9K | $119.4K | $127.2K |
| Total Assets | $26.34M | $19.55M | $21.79M | $24.96M | $29.47M | $29.40M | $40.95M | $203.83M | $240.63M |
| LiabilitiesTotal Current Liabilities | $476.3K | $350.3K | $4.58M | $171.5K | $350.3K | $486.3K | $424.6K | $847.5K | $2.05M |
| Short-Term Debt | — | — | — | — | — | — | — | — | — |
| Long-Term Debt | — | — | — | — | — | — | — | — | — |
| Long-Term Leases | — | — | — | — | — | — | — | — | — |
| Total Liabilities | $1.04M | $350.3K | $4.58M | $171.5K | $350.3K | $486.3K | $424.6K | $847.5K | $2.05M |
| EquityCommon Stock & APIC | $2.7K | $3.3K | $699 | $9.8K | $11.9K | $13.7K | $18.8K | $33.4K | $37.4K |
| Retained Earnings | -$103.50M | -$114.74M | -$129.16M | -$136.99M | -$144.49M | -$152.40M | -$164.18M | -$183.77M | -$195.86M |
| Total Equity | $25.30M | $19.20M | $17.21M | $24.79M | $29.12M | $28.91M | $40.53M | $202.99M | $238.58M |
| HighlightsNet Cash / (Debt) | — | — | — | — | — | — | — | — | — |
| Line item | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | TTM |
|---|---|---|---|---|---|---|---|---|---|
| ActivitiesCash from Operating | -$7.42M | -$6.67M | -$8.57M | -$11.04M | -$6.76M | -$6.48M | -$9.49M | -$14.28M | -$16.97M |
| Cash from Investing | -$5.83M | -$3.76M | -$210.4K | -$16.0K | -$6.6K | -$640 | $0 | -$10.5K | -$12.2K |
| Cash from Financing | $33.37M | $3.75M | $12.35M | $14.27M | $10.92M | $6.18M | $20.89M | $176.16M | $156.55M |
| SummaryCapital Expenditure | — | -$221.1K | -$210.4K | — | — | — | — | — | — |
| Free Cash Flow | — | -$6.89M | -$8.78M | — | — | — | — | — | — |
| FCF Margin | — | — | — | — | — | — | — | — | — |