| Metric | Q3 FY24 | Q4 FY24 | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Trend |
|---|---|---|---|---|---|---|---|---|---|
| EarningsRevenue | $12.09M | $13.24M | $13.14M | $13.20M | $14.06M +16.3% | $14.80M +11.8% | $14.87M +13.2% | $18.74M +41.9% | Strengthening |
| Operating Profit | -$2.12M | -$1.56M | -$1.93M | -$1.96M | -$1.54M +27.0% | -$1.07M +31.3% | -$2.72M -40.6% | -$4.38M -123.5% | Weakening |
| Net Profit | $2.27M | $1.21M | -$1.17M | -$670.0K | $54.0K -97.6% | $1.20M -1.5% | -$296.0K +74.6% | -$3.59M -435.7% | Weakening |
| EPS | $0.10 | — | $-0.05 | $-0.03 | $0.00 -100.0% | — | $-0.01 +80.0% | $-0.15 -400.0% | Weakening |
| Other Income | — | — | — | — | — | — | — | — | — |
| Interest | — | — | — | — | — | — | — | — | — |
| Depreciation | — | — | — | — | — | — | — | — | — |
| Profit before Tax | $2.28M | $1.09M | -$1.14M | -$696.0K | $51.0K -97.8% | $1.32M +21.7% | -$293.0K +74.2% | -$3.59M -415.7% | Weakening |
| MarginsOPM | -17.5% | -11.8% | -14.7% | -14.8% | -11.0% +37.2% | -7.2% +38.5% | -18.3% -24.1% | -23.4% -57.5% | Weakening |
| Tax | 0.4% | — | -2.6% | 3.7% | -5.9% -1436.4% | 9.7% | -1.0% +61.4% | 0.0% -100.0% | Weakening |
| ReturnsROIC | -1.6% | -0.9% | 0.8% | 0.5% | -0.0% +97.6% | -0.8% +1.5% | 0.2% -74.6% | 2.5% +435.7% | Strengthening |
| Line item | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | TTM |
|---|---|---|---|---|---|---|---|---|---|
| AssetsCash & Equivalents | $23.38M | $14.49M | $14.60M | $21.41M | $26.80M | $36.95M | $42.10M | $44.45M | $43.90M |
| Short-Term Investments | — | — | — | — | — | — | — | — | — |
| Total Current Assets | $40.69M | $28.69M | $28.20M | $36.76M | $44.75M | $57.88M | $64.20M | $65.16M | $69.01M |
| Net PP&E | $4.29M | $6.61M | $4.26M | $1.89M | $10.52M | $9.21M | $7.77M | $17.39M | $17.60M |
| Goodwill | — | — | — | — | — | — | — | — | — |
| Intangibles | — | — | — | — | — | — | $3.42M | $1.71M | $897.0K |
| Total Assets | $45.05M | $35.37M | $32.53M | $39.38M | $55.33M | $67.30M | $77.79M | $84.61M | $89.39M |
| LiabilitiesTotal Current Liabilities | $13.62M | $7.89M | $10.24M | $10.33M | $10.88M | $8.78M | $9.91M | $13.45M | $14.57M |
| Short-Term Debt | $5.98M | $670.0K | $4.24M | $3.37M | $2.59M | — | $1.77M | $1.77M | $889.0K |
| Long-Term Debt | $6.51M | $7.15M | $3.75M | $1.53M | — | — | $1.78M | $15.0K | $16.0K |
| Long-Term Leases | — | $1.84M | $903.0K | $68.0K | — | — | — | — | — |
| Total Liabilities | $20.12M | $16.88M | $15.12M | $12.14M | $16.67M | $13.38M | $15.20M | $15.69M | $16.29M |
| EquityCommon Stock & APIC | $2.0K | $2.0K | $2.0K | $2.0K | $2.0K | $2.0K | $2.0K | $2.0K | $2.0K |
| Retained Earnings | -$133.99M | -$148.66M | -$157.17M | -$152.83M | -$146.70M | -$137.65M | -$136.87M | -$137.46M | -$141.34M |
| Total Equity | $24.92M | $18.49M | $17.41M | $27.24M | $38.66M | $53.92M | $62.59M | $68.92M | $73.11M |
| HighlightsNet Cash / (Debt) | $10.89M | $6.67M | $6.61M | $16.51M | — | — | $38.54M | $42.67M | $42.99M |
| Line item | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | TTM |
|---|---|---|---|---|---|---|---|---|---|
| ActivitiesCash from Operating | -$14.67M | -$8.12M | -$2.92M | $9.36M | $9.49M | $13.13M | $7.10M | $9.96M | $4.23M |
| Cash from Investing | -$1.91M | -$861.0K | -$320.0K | -$1.03M | -$2.59M | -$1.39M | -$3.06M | -$8.67M | -$11.45M |
| Cash from Financing | $27.02M | $85.0K | $3.35M | -$1.52M | -$1.52M | -$1.59M | $1.11M | $1.07M | $6.15M |
| SummaryCapital Expenditure | -$1.91M | -$861.0K | -$320.0K | -$1.03M | -$2.79M | -$1.40M | -$3.05M | -$6.84M | -$9.61M |
| Free Cash Flow | -$16.59M | -$8.98M | -$3.24M | $8.33M | $6.71M | $11.72M | $4.05M | $3.12M | -$5.38M |
| FCF Margin | -33.6% | -23.9% | -7.7% | 15.1% | 11.2% | 18.4% | 8.0% | 5.7% | -8.6% |