| Metric | Q3 FY24 | Q4 FY24 | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Trend |
|---|---|---|---|---|---|---|---|---|---|
| EarningsRevenue | $25.58M | $29.13M | $30.48M | $31.12M | $33.99M +32.9% | $33.84M +16.2% | $31.47M +3.3% | $29.79M -4.3% | Strengthening |
| Operating Profit | $1.60M | $7.11M | $4.77M | $3.19M | $4.24M +164.4% | $4.09M -42.5% | $1.58M -67.0% | $700.0K -78.0% | Weakening |
| Net Profit | $1.88M | $7.18M | $5.06M | $3.61M | $4.58M +143.8% | $4.13M -42.4% | $6.32M +24.8% | $963.0K -73.3% | Weakening |
| EPS | $0.02 | — | $0.07 | $0.05 | $0.06 +200.0% | — | $0.08 +14.3% | $0.01 -80.0% | Weakening |
| Other Income | — | — | — | — | — | — | — | — | — |
| Interest | — | — | — | — | — | — | — | — | — |
| Depreciation | — | — | — | — | — | — | — | — | — |
| Profit before Tax | $1.88M | $7.48M | $5.23M | $3.74M | $4.80M +155.6% | $4.42M -40.9% | $6.74M +28.8% | $1.07M -71.4% | Weakening |
| MarginsOPM | 6.3% | 24.4% | 15.7% | 10.2% | 12.5% +99.0% | 12.1% -50.6% | 5.0% -68.0% | 2.4% -77.1% | Weakening |
| Tax | 0.0% | 4.1% | 3.2% | 3.4% | 4.6% | 6.6% +61.8% | 6.2% +92.8% | 9.9% +189.2% | Strengthening |
| ReturnsROIC | -1.2% | -4.6% | -3.2% | -2.3% | -2.9% -143.8% | -2.6% +42.4% | -4.0% -24.8% | -0.6% +73.3% | Strengthening |
| Line item | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | TTM |
|---|---|---|---|---|---|---|---|---|---|
| AssetsCash & Equivalents | $22.62M | $18.81M | $16.70M | $28.22M | $20.30M | $27.20M | $44.50M | $64.79M | $66.74M |
| Short-Term Investments | — | — | — | — | — | — | — | — | — |
| Total Current Assets | $36.53M | $33.52M | $32.22M | $48.91M | $46.57M | $49.53M | $64.10M | $96.81M | $97.79M |
| Net PP&E | $3.58M | $4.66M | $4.43M | $7.36M | $6.32M | $4.54M | $3.45M | $3.52M | $3.09M |
| Goodwill | — | — | — | — | — | — | — | — | — |
| Intangibles | $1.55M | $1.31M | $1.08M | $857.0K | $671.0K | $510.0K | $359.0K | $5.66M | $5.31M |
| Total Assets | $42.23M | $40.25M | $38.36M | $57.84M | $54.06M | $54.96M | $68.28M | $106.41M | $106.59M |
| LiabilitiesTotal Current Liabilities | $14.44M | $15.06M | $16.48M | $17.61M | $17.87M | $20.62M | $17.95M | $19.92M | $15.05M |
| Short-Term Debt | — | — | — | — | — | — | — | — | — |
| Long-Term Debt | — | — | — | — | — | — | — | — | — |
| Long-Term Leases | $0 | $848.0K | $997.0K | $4.15M | $3.54M | $2.56M | $1.66M | $1.81M | $1.41M |
| Total Liabilities | $15.05M | $19.80M | $21.93M | $26.11M | $25.39M | $26.51M | $22.18M | $29.87M | $24.06M |
| EquityCommon Stock & APIC | $55.0K | $60.0K | $62.0K | $68.0K | $74.0K | $75.0K | $77.0K | $79.0K | $79.0K |
| Retained Earnings | -$89.75M | -$121.90M | -$141.82M | -$168.95M | -$185.49M | -$190.46M | -$181.91M | -$164.53M | -$157.25M |
| Total Equity | $27.18M | $20.45M | $16.42M | $31.73M | $28.67M | $28.46M | $46.09M | $76.53M | $82.53M |
| HighlightsNet Cash / (Debt) | — | — | — | — | — | — | — | — | — |
| Line item | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | TTM |
|---|---|---|---|---|---|---|---|---|---|
| ActivitiesCash from Operating | -$20.91M | -$20.44M | -$10.60M | -$24.16M | -$15.10M | $7.12M | $12.11M | $13.50M | $5.95M |
| Cash from Investing | -$1.77M | -$249.0K | -$165.0K | -$409.0K | -$334.0K | -$143.0K | -$143.0K | -$292.0K | $5.03M |
| Cash from Financing | -$90.0K | $16.88M | $8.65M | $36.09M | $7.65M | -$90.0K | $5.37M | $6.92M | -$4.71M |
| SummaryCapital Expenditure | -$1.32M | -$743.0K | — | — | — | — | — | — | — |
| Free Cash Flow | -$22.23M | -$21.18M | — | — | — | — | — | — | — |
| FCF Margin | -70.4% | -45.8% | — | — | — | — | — | — | — |