| Metric | Q3 FY24 | Q4 FY24 | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Trend |
|---|---|---|---|---|---|---|---|---|---|
| EarningsRevenue | $45.52M | — | $54.96M | $61.37M | $68.03M +49.5% | $75.85M | $78.05M +42.0% | $87.83M +43.1% | Strengthening |
| Operating Profit | -$8.52M | — | -$8.40M | -$4.34M | -$2.51M +70.5% | $3.28M | -$4.78M +43.1% | $3.55M | Strengthening |
| Net Profit | -$9.23M | -$8.25M | -$9.45M | -$5.31M | -$3.18M +65.6% | $5.16M | -$2.97M +68.6% | $5.29M | Strengthening |
| EPS | $-1.18 | — | $-1.15 | $-0.24 | $-0.06 +94.9% | — | $-0.05 +95.7% | $0.09 | Strengthening |
| Other Income | -$702.0K | — | -$1.05M | -$967.0K | -$665.0K +5.3% | $1.88M | $1.81M | $1.75M | Strengthening |
| Interest | $1.15M | — | $1.07M | $1.09M | $353.0K -69.2% | $13.0K | $18.0K -98.3% | $14.0K -98.7% | Weakening |
| Depreciation | — | — | — | — | — | — | — | — | — |
| Profit before Tax | -$9.23M | — | -$9.45M | -$5.31M | -$3.18M +65.6% | $5.16M | -$2.97M +68.6% | $5.29M | Strengthening |
| MarginsOPM | -18.7% | — | -15.3% | -7.1% | -3.7% +80.3% | 4.3% | -6.1% +59.9% | 4.0% | Strengthening |
| Tax | 0.0% | — | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | — |
| ReturnsROIC | 2.0% | 1.8% | 2.1% | 1.2% | 0.7% -65.6% | -1.1% -162.5% | 0.7% -68.6% | -1.2% -199.7% | Weakening |
| Line item | FY23 | FY24 | FY25 | TTM |
|---|---|---|---|---|
| AssetsCash & Equivalents | $115.64M | $76.39M | $222.04M | $221.71M |
| Short-Term Investments | — | — | — | — |
| Total Current Assets | — | $113.06M | $272.93M | $294.91M |
| Net PP&E | — | $6.07M | $7.94M | $9.10M |
| Goodwill | — | $13.24M | $13.24M | $13.24M |
| Intangibles | — | $4.26M | $2.41M | $1.54M |
| Total Assets | — | $150.89M | $305.41M | $328.22M |
| LiabilitiesTotal Current Liabilities | — | $53.95M | $75.73M | $75.48M |
| Short-Term Debt | — | — | — | — |
| Long-Term Debt | — | $29.77M | $0 | — |
| Long-Term Leases | — | — | — | — |
| Total Liabilities | — | $86.26M | $75.73M | $75.48M |
| EquityCommon Stock & APIC | — | $8.0K | $58.0K | $61.0K |
| Retained Earnings | — | -$443.97M | -$456.74M | -$454.42M |
| Total Equity | -$350.11M | -$384.40M | $229.68M | $252.74M |
| HighlightsNet Cash / (Debt) | — | — | — | — |
| Line item | FY23 | FY24 | FY25 | TTM |
|---|---|---|---|---|
| ActivitiesCash from Operating | -$49.74M | -$34.18M | $18.25M | $23.68M |
| Cash from Investing | -$2.92M | -$3.86M | -$5.83M | -$6.55M |
| Cash from Financing | $179.0K | -$1.21M | $133.22M | -$18.57M |
| SummaryCapital Expenditure | -$416.0K | -$596.0K | -$1.32M | -$960.0K |
| Free Cash Flow | -$50.15M | -$34.77M | $16.93M | $22.73M |
| FCF Margin | -40.8% | -20.5% | 6.5% | 7.3% |