| Metric | Q3 FY24 | Q4 FY24 | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Trend |
|---|---|---|---|---|---|---|---|---|---|
| EarningsRevenue | $20.39M | $23.77M | $22.54M | $23.86M | $21.50M +5.5% | $22.60M -4.9% | $20.59M -8.7% | $22.76M -4.6% | Weakening |
| Operating Profit | -$14.13M | -$13.42M | -$14.56M | -$14.80M | -$14.39M -1.9% | -$9.90M +26.2% | -$12.96M +11.0% | -$9.06M +38.8% | Strengthening |
| Net Profit | -$14.14M | -$13.18M | -$14.45M | -$15.17M | -$13.96M +1.3% | -$10.43M +20.9% | -$13.65M +5.5% | -$10.08M +33.6% | Strengthening |
| EPS | $-0.36 | — | $-0.36 | $-0.38 | $-0.34 +5.6% | — | $-0.33 +8.3% | $-0.24 +36.8% | Strengthening |
| Other Income | — | — | — | — | — | — | — | — | — |
| Interest | $891.0K | $842.0K | $781.0K | $799.0K | $805.0K -9.7% | $770.0K -8.6% | $976.0K +25.0% | $1.22M +52.4% | Strengthening |
| Depreciation | — | — | — | — | — | — | — | — | — |
| Profit before Tax | -$13.95M | -$13.14M | -$14.31M | -$15.00M | -$13.83M +0.9% | -$10.24M +22.1% | -$13.51M +5.6% | -$9.95M +33.7% | Strengthening |
| MarginsOPM | -69.3% | -56.5% | -64.6% | -62.0% | -66.9% +3.4% | -43.8% +22.4% | -62.9% +2.6% | -39.8% +35.9% | Strengthening |
| Tax | -1.4% | -0.3% | -0.9% | -1.2% | -0.9% +32.6% | -1.8% -527.6% | -1.1% -17.0% | -1.3% -13.6% | Weakening |
| ReturnsROIC | 2.6% | 2.4% | 2.6% | 2.8% | 2.6% -1.3% | 1.9% -20.9% | 2.5% -5.5% | 1.8% -33.6% | Weakening |
| Line item | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | TTM |
|---|---|---|---|---|---|---|---|---|---|
| AssetsCash & Equivalents | $4.12M | $14.77M | $231.56M | $148.48M | $101.74M | $83.55M | $70.91M | $69.75M | $55.84M |
| Short-Term Investments | — | — | — | — | — | — | — | — | — |
| Total Current Assets | — | $41.07M | $249.99M | $208.00M | $168.95M | $150.42M | $136.25M | $101.68M | $88.13M |
| Net PP&E | — | $7.46M | $10.45M | $12.89M | $10.50M | $7.43M | $21.45M | $20.25M | $19.15M |
| Goodwill | — | $2.33M | $2.33M | $2.33M | $2.33M | $2.33M | $2.33M | $2.33M | $2.33M |
| Intangibles | — | $524.0K | $400.0K | $277.0K | $154.0K | $31.0K | $0 | — | — |
| Total Assets | — | $53.53M | $263.71M | $235.17M | $193.68M | $177.78M | $162.85M | $129.29M | $114.73M |
| LiabilitiesTotal Current Liabilities | — | $14.16M | $12.53M | $17.55M | $18.49M | $23.16M | $24.44M | $20.06M | $20.41M |
| Short-Term Debt | — | — | $0 | $91.0K | $90.0K | $2.15M | $3.18M | $106.0K | $103.0K |
| Long-Term Debt | — | — | $17.37M | $17.32M | $17.23M | $35.09M | $34.00M | $36.99M | $37.43M |
| Long-Term Leases | — | $6.40M | $7.62M | $6.84M | $3.85M | $1.11M | $18.52M | $18.06M | $17.40M |
| Total Liabilities | — | $35.57M | $37.57M | $41.93M | $39.67M | $59.47M | $77.04M | $75.17M | $75.54M |
| EquityCommon Stock & APIC | — | $2.0K | $36.0K | $37.0K | $38.0K | $39.0K | $40.0K | $42.0K | $43.0K |
| Retained Earnings | — | -$210.50M | -$242.73M | -$291.39M | -$350.32M | -$411.16M | -$467.56M | -$521.56M | -$545.29M |
| Total Equity | -$167.33M | -$187.38M | $226.13M | $193.24M | $154.01M | $118.31M | $85.81M | $54.12M | $39.20M |
| HighlightsNet Cash / (Debt) | — | — | $214.19M | $131.06M | $84.41M | $46.30M | $33.73M | $32.66M | $18.31M |
| Line item | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | TTM |
|---|---|---|---|---|---|---|---|---|---|
| ActivitiesCash from Operating | -$18.39M | -$20.77M | -$30.63M | -$41.39M | -$45.08M | -$37.61M | -$31.54M | -$32.38M | -$30.56M |
| Cash from Investing | $200.0K | -$14.23M | $12.69M | -$46.26M | -$4.22M | -$2.01M | $17.48M | $30.48M | $8.69M |
| Cash from Financing | $12.11M | $45.62M | $234.83M | $4.46M | $2.42M | $21.40M | $1.36M | $833.0K | $1.75M |
| SummaryCapital Expenditure | -$316.0K | -$720.0K | -$911.0K | -$3.67M | -$1.32M | -$807.0K | -$1.45M | -$452.0K | -$112.0K |
| Free Cash Flow | -$18.71M | -$21.48M | -$31.54M | -$45.06M | -$46.40M | -$38.42M | -$32.98M | -$32.83M | -$30.67M |
| FCF Margin | -93.5% | -65.9% | -96.4% | -93.1% | -86.5% | -55.9% | -39.4% | -36.3% | -35.1% |