| Metric | Q3 FY24 | Q4 FY24 | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Trend |
|---|---|---|---|---|---|---|---|---|---|
| EarningsRevenue | $1.81M | $1.95M | $1.53M | $1.78M | $2.52M +39.4% | $3.15M +61.6% | $3.40M +122.2% | $1.77M -0.4% | Strengthening |
| Operating Profit | -$8.46M | -$9.37M | -$11.46M | -$13.02M | -$13.05M -54.2% | -$12.08M -29.0% | -$13.98M -22.0% | -$14.45M -11.0% | Weakening |
| Net Profit | -$7.89M | -$9.17M | -$11.17M | -$13.15M | -$12.71M -61.1% | -$11.76M -28.2% | -$13.69M -22.6% | -$14.32M -8.9% | Weakening |
| EPS | $-0.16 | — | $-0.22 | $-0.26 | $-0.17 -6.3% | — | $-0.16 +27.3% | $-0.17 +34.6% | Strengthening |
| Other Income | $572.0K | $252.0K | $294.0K | -$132.0K | $343.0K -40.0% | $386.0K +53.2% | $289.0K -1.7% | $121.0K | Strengthening |
| Interest | — | — | — | — | — | — | — | — | — |
| Depreciation | — | — | — | — | — | — | — | — | — |
| Profit before Tax | — | — | — | — | — | — | — | — | — |
| MarginsOPM | -467.5% | -480.6% | -749.5% | -732.2% | -517.3% -10.6% | -383.7% +20.2% | -411.4% +45.1% | -815.6% -11.4% | Strengthening |
| Tax | — | — | — | — | — | — | — | — | — |
| ReturnsROIC | 2.3% | 2.7% | 3.2% | 3.8% | 3.7% +61.1% | 3.4% +28.2% | 4.0% +22.6% | 4.1% +8.9% | Strengthening |
| Line item | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | TTM |
|---|---|---|---|---|---|---|---|---|---|
| AssetsCash & Equivalents | $9.38M | $5.51M | $12.64M | $12.00M | $4.63M | $9.64M | $18.92M | $8.94M | $15.15M |
| Short-Term Investments | — | — | — | — | — | $29.38M | $15.72M | $45.27M | $15.27M |
| Total Current Assets | $11.42M | $7.81M | $15.34M | $37.09M | $21.33M | $44.16M | $40.52M | $61.47M | $36.63M |
| Net PP&E | $421.0K | $1.48M | $1.71M | $1.71M | $2.47M | $2.53M | $4.73M | $6.34M | $6.29M |
| Goodwill | — | — | — | — | — | — | — | — | — |
| Intangibles | — | — | — | — | — | — | — | — | — |
| Total Assets | $12.29M | $9.88M | $17.78M | $39.71M | $24.65M | $47.64M | $46.81M | $69.40M | $44.64M |
| LiabilitiesTotal Current Liabilities | $2.92M | $3.12M | $3.71M | $4.35M | $5.07M | $6.02M | $7.68M | $10.71M | $9.65M |
| Short-Term Debt | — | — | — | — | — | — | — | — | — |
| Long-Term Debt | — | — | — | — | — | — | — | — | — |
| Long-Term Leases | — | $653.0K | $999.0K | $781.0K | $1.20M | $1.04M | $1.80M | $2.22M | $1.97M |
| Total Liabilities | $3.52M | $4.50M | $5.61M | $6.18M | $7.26M | $8.14M | $10.72M | $14.20M | $13.13M |
| EquityCommon Stock & APIC | $4.0K | — | $5.0K | $1.0K | $1.0K | $2.0K | $3.0K | $4.0K | $5.0K |
| Retained Earnings | -$147.59M | -$157.63M | -$168.18M | -$183.09M | -$201.59M | -$221.50M | -$253.51M | -$302.29M | -$330.31M |
| Total Equity | $8.76M | $5.38M | $12.16M | $33.53M | $17.39M | $39.50M | $36.09M | $55.20M | $31.51M |
| HighlightsNet Cash / (Debt) | — | — | — | — | — | — | — | — | — |
| Line item | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | TTM |
|---|---|---|---|---|---|---|---|---|---|
| ActivitiesCash from Operating | -$7.61M | -$9.81M | -$9.08M | -$13.21M | -$15.54M | -$16.38M | -$21.87M | -$35.10M | -$41.21M |
| Cash from Investing | -$44.0K | -$387.0K | -$187.0K | -$22.46M | $8.44M | -$16.09M | $12.64M | -$30.56M | -$8.15M |
| Cash from Financing | $13.37M | $6.33M | $16.39M | $35.03M | -$140.0K | $37.53M | $18.45M | $55.57M | — |
| SummaryCapital Expenditure | -$67.0K | -$284.0K | -$88.0K | -$344.0K | -$473.0K | -$381.0K | -$1.40M | -$1.66M | -$1.25M |
| Free Cash Flow | -$7.67M | -$10.09M | -$9.17M | -$13.55M | -$16.02M | -$16.76M | -$23.27M | -$36.77M | -$42.46M |
| FCF Margin | -213.1% | -271.3% | -369.0% | -301.5% | -309.7% | -270.1% | -332.0% | -409.5% | -391.7% |