| Metric | Q3 FY24 | Q4 FY24 | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Trend |
|---|---|---|---|---|---|---|---|---|---|
| EarningsRevenue | $37.53M | $47.99M | $47.59M | $45.26M | $37.02M -1.4% | $49.11M +2.3% | $48.73M +2.4% | $43.23M -4.5% | Stable |
| Operating Profit | -$25.72M | -$16.30M | -$16.59M | -$12.29M | -$19.08M +25.8% | -$13.91M +14.7% | -$5.80M +65.0% | -$6.48M +47.3% | Strengthening |
| Net Profit | -$15.90M | -$10.15M | -$10.50M | -$7.90M | -$12.29M +22.7% | -$9.24M +8.9% | -$4.08M +61.2% | -$4.65M +41.1% | Strengthening |
| EPS | $-0.14 | — | $-0.09 | $-0.07 | $-0.10 +28.6% | — | $-0.03 +66.7% | $-0.04 +42.9% | Strengthening |
| Other Income | — | — | — | — | — | — | — | — | — |
| Interest | — | — | $0 | $0 | — | — | $660.0K | $672.0K | — |
| Depreciation | — | — | — | — | — | — | — | — | — |
| Profit before Tax | -$24.93M | -$15.75M | -$16.12M | -$11.93M | -$18.72M +24.9% | -$14.02M +11.0% | -$6.11M +62.1% | -$6.82M +42.8% | Strengthening |
| MarginsOPM | -68.5% | -34.0% | -34.9% | -27.1% | -51.5% +24.8% | -28.3% +16.6% | -11.9% +65.9% | -15.0% +44.8% | Strengthening |
| Tax | -0.1% | -0.2% | -0.2% | -0.6% | -0.2% -58.3% | -0.2% +0.0% | -0.4% -111.8% | -0.5% +19.4% | Weakening |
| ReturnsROIC | 2.6% | 1.7% | 1.7% | 1.3% | 2.0% -22.7% | 1.5% -8.9% | 0.7% -61.2% | 0.8% -41.1% | Weakening |
| Line item | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | TTM |
|---|---|---|---|---|---|---|---|---|
| AssetsCash & Equivalents | $25.04M | $29.27M | $143.96M | $90.72M | $74.82M | $52.54M | $47.90M | $38.42M |
| Short-Term Investments | — | — | — | — | — | — | — | — |
| Total Current Assets | $25.1K | $31.56M | $155.45M | $107.66M | $95.04M | $64.71M | $58.17M | $46.36M |
| Net PP&E | — | $10.30M | $10.72M | $15.43M | $20.00M | $19.65M | $10.38M | $10.22M |
| Goodwill | — | $5.72M | $5.72M | $5.72M | $5.72M | $5.72M | $5.72M | $5.72M |
| Intangibles | — | $8.53M | $4.43M | $3.57M | $3.06M | $2.43M | $1.89M | $688.0K |
| Total Assets | $25.1K | $57.27M | $177.15M | $132.69M | $124.74M | $92.51M | $76.17M | $64.58M |
| LiabilitiesTotal Current Liabilities | $8.6K | $34.34M | $41.91M | $37.33M | $35.60M | $28.33M | $25.63M | $17.18M |
| Short-Term Debt | — | $6.54M | $0 | — | — | — | — | — |
| Long-Term Debt | — | $41.04M | $0 | — | — | $0 | $19.33M | $19.58M |
| Long-Term Leases | — | — | — | $1.86M | $3.35M | $2.40M | $2.06M | — |
| Total Liabilities | $8.6K | $76.94M | $81.34M | $51.64M | $39.14M | $31.39M | $47.23M | $38.64M |
| EquityCommon Stock & APIC | — | — | — | — | — | — | — | — |
| Retained Earnings | -$8.5K | -$412.38M | -$439.71M | -$475.11M | -$515.28M | -$557.87M | -$597.79M | -$606.51M |
| Total Equity | $16.5K | -$398.46M | $50.66M | $46.93M | $52.48M | $39.48M | $19.01M | $17.28M |
| HighlightsNet Cash / (Debt) | — | -$18.31M | $143.96M | — | — | — | — | — |
| Line item | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | TTM |
|---|---|---|---|---|---|---|---|---|
| ActivitiesCash from Operating | -$16.32M | -$6.65M | -$38.89M | -$48.00M | -$7.56M | -$15.60M | -$18.85M | -$11.88M |
| Cash from Investing | -$6.36M | -$2.87M | -$5.16M | -$5.32M | -$6.89M | -$6.86M | -$5.37M | -$5.75M |
| Cash from Financing | $24.39M | $12.29M | $159.25M | -$1.00M | -$1.94M | $0 | $19.50M | $19.25M |
| SummaryCapital Expenditure | -$6.36M | -$2.87M | -$5.16M | -$5.32M | -$6.89M | -$6.86M | -$5.37M | -$5.75M |
| Free Cash Flow | -$22.67M | -$9.53M | -$44.05M | -$53.32M | -$14.45M | -$22.47M | -$24.22M | -$17.63M |
| FCF Margin | -25.1% | -9.2% | -31.3% | -32.8% | -7.5% | -11.8% | -13.5% | -9.9% |