| Metric | Q3 FY24 | Q4 FY24 | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Trend |
|---|---|---|---|---|---|---|---|---|---|
| EarningsRevenue | $4.17M | $10.80M | $4.15M | $3.90M | $2.24M -46.3% | $8.38M -22.5% | $14.43M +247.3% | $13.41M +244.2% | Strengthening |
| Operating Profit | -$19.76M | -$15.88M | -$18.84M | -$16.22M | -$18.14M +8.2% | -$15.77M +0.7% | -$7.83M +58.5% | -$6.64M +59.1% | Strengthening |
| Net Profit | -$16.37M | -$13.07M | -$18.20M | -$15.88M | -$16.52M -0.9% | -$14.18M -8.5% | -$7.71M +57.7% | -$5.86M +63.1% | Strengthening |
| EPS | $-0.16 | — | $-0.17 | $-0.15 | $-0.14 +12.5% | — | $-0.06 +64.7% | $-0.05 +66.7% | Strengthening |
| Other Income | $683.0K | $657.0K | $538.0K | $463.0K | $454.0K -33.5% | $1.22M +85.7% | $564.0K +4.8% | $425.0K -8.2% | Strengthening |
| Interest | — | — | — | — | — | — | — | — | — |
| Depreciation | — | — | — | — | — | — | — | — | — |
| Profit before Tax | -$19.08M | -$15.22M | -$18.31M | -$15.76M | -$17.69M +7.3% | -$14.55M +4.4% | -$7.26M +60.3% | -$6.21M +60.6% | Strengthening |
| MarginsOPM | -473.7% | -147.0% | -453.6% | -416.2% | -810.2% -71.0% | -188.2% -28.1% | -54.3% +88.0% | -49.5% +88.1% | Strengthening |
| Tax | 14.2% | 14.2% | 0.6% | -0.8% | 6.6% -53.8% | 2.5% -82.2% | -6.1% -1148.3% | 5.7% | Weakening |
| ReturnsROIC | 9.1% | 7.3% | 10.1% | 8.8% | 9.2% +0.9% | 7.9% +8.5% | 4.3% -57.7% | 3.3% -63.1% | Weakening |
| Line item | FY21 | FY22 | FY23 | FY24 | FY25 | TTM |
|---|---|---|---|---|---|---|
| AssetsCash & Equivalents | $0 | $33.39M | $16.36M | $27.60M | $25.52M | $24.34M |
| Short-Term Investments | — | — | — | — | — | — |
| Total Current Assets | $22.54M | $124.95M | $94.90M | $68.14M | $65.34M | $66.01M |
| Net PP&E | $20.13M | $41.46M | $38.13M | $33.28M | $24.97M | $22.94M |
| Goodwill | $83.98M | $83.98M | $83.98M | $83.98M | $83.98M | $83.98M |
| Intangibles | $176.32M | $167.24M | $155.47M | $138.06M | $125.15M | $116.07M |
| Total Assets | $304.46M | $421.21M | $375.23M | $325.56M | $300.91M | $290.26M |
| LiabilitiesTotal Current Liabilities | $20.58M | $26.02M | $23.12M | $15.09M | $16.25M | $13.76M |
| Short-Term Debt | — | — | — | — | — | — |
| Long-Term Debt | — | — | — | — | — | — |
| Long-Term Leases | $13.27M | $24.02M | $22.07M | $19.38M | $16.45M | $14.94M |
| Total Liabilities | $70.16M | $79.84M | $60.64M | $37.94M | $33.89M | $29.98M |
| EquityCommon Stock & APIC | $0 | $12.0K | $12.0K | $12.0K | $14.0K | $15.0K |
| Retained Earnings | $0 | $11.25M | -$39.37M | -$101.40M | -$166.18M | -$179.75M |
| Total Equity | $234.31M | $341.37M | $314.58M | $287.62M | $267.03M | $260.27M |
| HighlightsNet Cash / (Debt) | — | — | — | — | — | — |
| Line item | FY21 | FY22 | FY23 | FY24 | FY25 | TTM |
|---|---|---|---|---|---|---|
| ActivitiesCash from Operating | -$5.67M | -$3.59M | $2.35M | -$39.66M | -$36.45M | -$17.67M |
| Cash from Investing | -$4.03M | -$73.31M | -$18.38M | $37.88M | $6.47M | -$4.14M |
| Cash from Financing | $9.70M | $110.74M | -$892.0K | $13.02M | $27.91M | $27.87M |
| SummaryCapital Expenditure | -$4.07M | -$17.17M | -$1.64M | -$1.88M | -$565.0K | -$468.0K |
| Free Cash Flow | -$9.74M | -$20.75M | $703.0K | -$41.54M | -$37.02M | -$18.14M |
| FCF Margin | -28.0% | -35.1% | 2.1% | -157.4% | -198.3% | -47.2% |