| Metric | Q3 FY24 | Q4 FY24 | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Trend |
|---|---|---|---|---|---|---|---|---|---|
| EarningsRevenue | $14.52M | $14.34M | $11.78M | $13.04M | $14.01M -3.5% | $17.38M +21.2% | $13.38M +13.6% | $16.07M +23.3% | Strengthening |
| Operating Profit | -$24.49M | -$16.75M | -$11.03M | -$15.16M | -$16.32M +33.4% | $3.09M | -$12.88M -16.9% | -$12.81M +15.5% | Stable |
| Net Profit | -$29.30M | -$19.45M | $43.60M | -$13.31M | -$14.98M +48.9% | $4.17M | -$11.96M -127.4% | -$11.89M +10.6% | Weakening |
| EPS | $-0.84 | — | $1.23 | $-0.37 | $-0.41 +51.2% | — | $-0.32 -126.0% | $-0.32 +13.5% | Weakening |
| Other Income | $846.0K | $725.0K | $1.19M | $2.32M | $1.44M +70.6% | $1.12M +54.8% | $929.0K -21.9% | $861.0K -63.0% | Weakening |
| Interest | — | — | — | — | — | — | — | — | — |
| Depreciation | — | — | — | — | — | — | — | — | — |
| Profit before Tax | -$23.65M | -$10.93M | — | -$12.84M | -$14.88M +37.1% | — | — | -$11.95M +6.9% | Strengthening |
| MarginsOPM | -168.7% | -116.8% | -93.6% | -116.3% | -116.6% +30.9% | 17.8% | -96.3% -2.9% | -79.7% +31.5% | Strengthening |
| Tax | 0.3% | 0.7% | — | -0.6% | -0.2% -163.3% | — | — | 0.5% | Stable |
| ReturnsROIC | 10.3% | 6.8% | -15.3% | 4.7% | 5.2% -48.9% | -1.5% -121.5% | 4.2% | 4.2% -10.6% | Weakening |
| Line item | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | TTM |
|---|---|---|---|---|---|---|---|
| AssetsCash & Equivalents | $159.23M | $224.07M | $188.42M | $121.04M | $44.03M | $70.52M | $63.02M |
| Short-Term Investments | — | — | $0 | $24.64M | $25.57M | $42.45M | $38.51M |
| Total Current Assets | $170.97M | $252.89M | $215.63M | $173.79M | $103.06M | $144.56M | $132.02M |
| Net PP&E | $7.14M | $6.79M | $7.04M | $9.57M | $5.44M | $8.63M | $8.61M |
| Goodwill | — | — | $10.05M | $10.37M | $0 | $0 | $11.05M |
| Intangibles | — | — | $8.49M | $7.86M | $38.68M | $36.41M | $45.12M |
| Total Assets | $178.83M | $260.91M | $242.59M | $202.98M | $159.48M | $190.07M | $197.54M |
| LiabilitiesTotal Current Liabilities | $10.83M | $14.84M | $19.23M | $22.55M | $25.15M | $34.06M | $49.42M |
| Short-Term Debt | $500.0K | — | — | — | — | — | — |
| Long-Term Debt | $14.33M | $15.00M | $15.00M | — | — | — | — |
| Long-Term Leases | $5.84M | $4.51M | $3.04M | $3.93M | $2.60M | $3.95M | $3.58M |
| Total Liabilities | $39.79M | $46.30M | $51.99M | $37.49M | $44.88M | $46.37M | $70.77M |
| EquityCommon Stock & APIC | $27.0K | $31.0K | $32.0K | $33.0K | $35.0K | $36.0K | $38.0K |
| Retained Earnings | -$78.47M | -$100.64M | -$134.20M | -$170.60M | -$242.81M | -$223.32M | -$247.16M |
| Total Equity | $139.04M | $214.60M | $190.60M | $165.49M | $114.59M | $143.70M | $126.77M |
| HighlightsNet Cash / (Debt) | $144.40M | — | — | — | — | — | — |
| Line item | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | TTM |
|---|---|---|---|---|---|---|---|
| ActivitiesCash from Operating | $4.13M | -$29.08M | -$20.93M | -$25.06M | -$30.25M | -$23.69M | $1.49M |
| Cash from Investing | -$9.0K | -$737.0K | -$15.81M | -$26.40M | -$46.32M | $50.75M | $2.71M |
| Cash from Financing | $137.19M | $94.72M | $1.18M | -$15.94M | -$376.0K | -$697.0K | -$1.63M |
| SummaryCapital Expenditure | -$9.0K | -$737.0K | -$2.04M | -$2.04M | -$602.0K | -$955.0K | -$876.0K |
| Free Cash Flow | $4.12M | -$29.82M | -$22.98M | -$27.10M | -$30.85M | -$24.64M | $615.0K |
| FCF Margin | 15.3% | -70.7% | -49.0% | -54.0% | -64.6% | -43.9% | 1.0% |