| Metric | Q3 FY24 | Q4 FY24 | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Trend |
|---|---|---|---|---|---|---|---|---|---|
| EarningsRevenue | $9.21M | $12.07M | $9.83M | $9.65M | $10.09M +9.6% | $11.35M -5.9% | $10.11M +2.9% | $11.70M +21.3% | Strengthening |
| Operating Profit | -$957.6K | -$245.3K | -$3.52M | -$4.59M | -$3.52M -267.3% | -$2.77M -1030.7% | -$3.16M +10.3% | -$2.25M +50.9% | Weakening |
| Net Profit | -$966.4K | -$260.1K | -$3.47M | -$4.63M | -$3.66M -279.0% | -$3.81M -1366.4% | -$3.01M +13.2% | -$4.02M +13.2% | Weakening |
| EPS | $-0.03 | — | $-0.08 | $-0.11 | $-0.09 -200.0% | — | $-0.07 +12.5% | $-0.09 +18.2% | Strengthening |
| Other Income | — | — | — | — | — | — | — | — | — |
| Interest | — | — | — | — | — | — | — | — | — |
| Depreciation | — | — | — | — | — | — | — | — | — |
| Profit before Tax | -$881.5K | -$175.3K | -$3.33M | -$4.48M | -$3.53M -300.1% | -$3.73M -2028.0% | -$2.82M +15.2% | -$3.99M +11.0% | Weakening |
| MarginsOPM | -10.4% | -2.0% | -35.8% | -47.6% | -34.9% -235.2% | -24.4% -1103.4% | -31.2% +12.8% | -19.3% +59.5% | Weakening |
| Tax | -9.6% | -48.4% | -4.1% | -3.3% | -3.9% +60.0% | -2.3% +95.3% | -6.6% -60.8% | -0.8% +76.1% | Strengthening |
| ReturnsROIC | 0.8% | 0.2% | 2.8% | 3.7% | 2.9% +279.0% | 3.0% +1366.4% | 2.4% -13.2% | 3.2% -13.2% | Strengthening |
| Line item | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | TTM |
|---|---|---|---|---|---|---|---|---|---|
| AssetsCash & Equivalents | $6.54M | $4.47M | $12.24M | $15.52M | $5.35M | $6.87M | $24.37M | $14.13M | $11.22M |
| Short-Term Investments | — | — | — | — | — | — | — | — | — |
| Total Current Assets | $7.87M | $6.15M | $14.45M | $19.09M | $9.22M | $13.65M | $32.79M | $27.56M | $24.53M |
| Net PP&E | $187.5K | $155.0K | $263.8K | $908.2K | $703.0K | $839.3K | $8.91M | $8.89M | $8.50M |
| Goodwill | — | — | — | — | — | — | — | — | — |
| Intangibles | — | — | — | — | — | — | — | — | — |
| Total Assets | $8.28M | $6.60M | $14.71M | $20.10M | $10.16M | $14.58M | $42.24M | $38.64M | $35.34M |
| LiabilitiesTotal Current Liabilities | $1.86M | $3.88M | $2.87M | $4.28M | $3.60M | $5.48M | $10.17M | $8.35M | $10.61M |
| Short-Term Debt | — | $1.76M | — | — | — | — | $2.95M | $0 | $447.0K |
| Long-Term Debt | — | $889.0K | — | — | — | — | $11.22M | $11.22M | $11.53M |
| Long-Term Leases | — | — | $155.1K | $401.6K | $200.2K | $115.2K | $7.36M | $7.67M | $7.21M |
| Total Liabilities | $1.86M | $4.77M | $3.14M | $4.69M | $3.80M | $5.59M | $17.53M | $27.23M | $29.51M |
| EquityCommon Stock & APIC | $41 | $57 | $457 | $687 | $775 | $2.7K | $3.4K | $3.8K | $4.0K |
| Retained Earnings | -$45.29M | -$56.13M | -$67.69M | -$78.06M | -$88.78M | -$96.93M | -$103.11M | -$118.69M | -$125.72M |
| Total Equity | $6.43M | $6.43M | $11.57M | $15.41M | $6.36M | $8.99M | $24.71M | $11.40M | $5.83M |
| HighlightsNet Cash / (Debt) | — | $1.81M | — | — | — | — | $10.20M | $2.91M | -$760.0K |
| Line item | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | TTM |
|---|---|---|---|---|---|---|---|---|---|
| ActivitiesCash from Operating | -$9.61M | -$10.34M | -$9.03M | -$9.55M | -$10.23M | -$6.17M | -$3.29M | -$14.51M | -$7.11M |
| Cash from Investing | -$126.9K | -$52.0K | -$45.8K | -$326.5K | -$310.8K | -$2.03M | $260.0K | -$7.06M | -$2.88M |
| Cash from Financing | $3.34M | $8.32M | $16.78M | $13.17M | $376.9K | $9.71M | $20.93M | $11.43M | $7.22M |
| SummaryCapital Expenditure | -$126.9K | -$52.0K | -$45.8K | -$326.5K | -$111.8K | -$145.8K | -$1.36M | -$1.74M | -$1.21M |
| Free Cash Flow | -$9.73M | -$10.39M | -$9.08M | -$9.87M | -$10.35M | -$6.32M | -$4.65M | -$16.25M | -$8.32M |
| FCF Margin | -398.2% | -270.8% | -119.7% | -71.3% | -66.5% | -32.8% | -14.3% | -39.7% | -19.2% |