| Metric | Q3 FY24 | Q4 FY24 | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Trend |
|---|---|---|---|---|---|---|---|---|---|
| EarningsRevenue | $8.16M | $8.69M | $10.39M | $8.51M | $6.83M -16.4% | $7.30M -16.0% | $9.65M -7.1% | $7.27M -14.5% | Weakening |
| Operating Profit | -$14.05M | -$12.90M | -$12.29M | -$14.23M | -$14.15M -0.7% | -$11.23M +13.0% | -$6.18M +49.7% | -$10.23M +28.1% | Strengthening |
| Net Profit | -$11.56M | -$10.60M | -$10.26M | -$12.36M | -$12.42M -7.4% | -$9.60M +9.4% | -$4.75M +53.7% | -$8.87M +28.2% | Strengthening |
| EPS | $-0.11 | — | $-0.10 | $-0.12 | $-0.12 -9.1% | — | $-0.04 +60.0% | $-0.08 +33.3% | Strengthening |
| Other Income | — | — | — | — | — | — | — | — | — |
| Interest | — | — | — | — | — | — | — | — | — |
| Depreciation | — | — | — | — | — | — | — | — | — |
| Profit before Tax | -$11.56M | -$10.60M | -$10.26M | -$12.36M | -$12.42M -7.4% | -$9.60M +9.4% | -$4.75M +53.7% | -$8.87M +28.2% | Strengthening |
| MarginsOPM | -172.1% | -148.4% | -118.3% | -167.2% | -207.2% -20.4% | -153.8% -3.6% | -64.1% +45.8% | -140.7% +15.9% | Strengthening |
| Tax | — | — | — | — | — | — | — | — | — |
| ReturnsROIC | 4.2% | 3.9% | 3.7% | 4.5% | 4.5% +7.4% | 3.5% -9.4% | 1.7% -53.7% | 3.2% -28.2% | Weakening |
| Line item | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | TTM |
|---|---|---|---|---|---|---|---|---|
| AssetsCash & Equivalents | $15.21M | $18.76M | $47.78M | $11.06M | $46.51M | $27.88M | $20.07M | $15.04M |
| Short-Term Investments | — | — | — | — | — | — | — | — |
| Total Current Assets | — | $45.25M | $270.43M | $252.27M | $190.19M | $171.68M | $118.37M | $121.27M |
| Net PP&E | — | $6.27M | $13.37M | $33.58M | $34.75M | $30.47M | $28.45M | $25.37M |
| Goodwill | — | — | — | — | — | — | — | — |
| Intangibles | — | — | — | — | — | — | $650.0K | $766.0K |
| Total Assets | — | $51.78M | $284.12M | $286.65M | $268.27M | $239.47M | $202.51M | $184.67M |
| LiabilitiesTotal Current Liabilities | — | $11.61M | $15.62M | $15.43M | $17.86M | $15.78M | $14.27M | $9.89M |
| Short-Term Debt | — | — | — | — | — | — | — | — |
| Long-Term Debt | — | — | — | — | — | — | — | — |
| Long-Term Leases | — | $1.23M | $5.15M | $15.94M | $17.97M | $17.17M | $16.49M | $15.72M |
| Total Liabilities | — | $18.55M | $21.22M | $32.69M | $36.11M | $33.22M | $31.02M | $25.92M |
| EquityCommon Stock & APIC | — | $773.8K | $1.01M | $1.02M | $1.04M | $1.06M | $1.07M | $1.07M |
| Retained Earnings | — | -$95.22M | -$114.30M | -$137.88M | -$175.80M | -$216.85M | -$261.48M | -$275.11M |
| Total Equity | $13.60M | $33.23M | $262.90M | $253.97M | $232.17M | $206.25M | $171.49M | $158.75M |
| HighlightsNet Cash / (Debt) | — | — | — | — | — | — | — | — |
| Line item | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | TTM |
|---|---|---|---|---|---|---|---|---|
| ActivitiesCash from Operating | -$8.80M | -$8.78M | -$10.68M | -$14.78M | -$21.69M | -$27.61M | -$34.41M | -$22.98M |
| Cash from Investing | $454.5K | -$16.58M | -$195.01M | -$24.82M | $54.98M | $6.93M | $25.93M | $24.09M |
| Cash from Financing | $12.31M | $28.90M | $234.72M | $2.89M | $2.14M | $2.06M | $656.0K | -$1.30M |
| SummaryCapital Expenditure | -$1.27M | -$2.07M | -$3.83M | -$18.48M | -$3.70M | -$1.65M | -$1.77M | -$665.0K |
| Free Cash Flow | -$10.07M | -$10.85M | -$14.51M | -$33.26M | -$25.39M | -$29.26M | -$36.18M | -$23.64M |
| FCF Margin | -46.6% | -41.5% | -42.8% | -75.1% | -61.5% | -75.8% | -109.5% | -76.1% |