| Metric | Q3 FY24 | Q4 FY24 | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Trend |
|---|---|---|---|---|---|---|---|---|---|
| EarningsRevenue | $16.81M | $14.70M | $13.92M | $14.59M | $17.45M +3.8% | -$45.32M -408.2% | $11.13M -20.1% | $12.88M -11.7% | Weakening |
| Operating Profit | -$2.60M | -$3.59M | -$3.74M | -$2.89M | -$1.87M +28.0% | -$3.23M +9.8% | -$7.48M -100.3% | -$6.51M -124.8% | Weakening |
| Net Profit | -$8.98M | -$3.49M | -$3.57M | -$2.72M | -$1.83M +79.6% | -$5.66M -62.2% | -$7.49M -109.5% | -$6.20M -128.3% | Weakening |
| EPS | $-0.57 | — | $-0.19 | $-0.15 | $-0.10 +82.5% | — | $-0.40 -110.5% | $-0.32 -113.3% | Weakening |
| Other Income | — | — | — | — | — | — | — | — | — |
| Interest | $121.0K | $127.0K | $112.0K | $124.0K | $116.0K -4.1% | -$122.0K -196.1% | $59.0K -47.3% | $73.0K -41.1% | Weakening |
| Depreciation | — | — | — | — | — | — | — | — | — |
| Profit before Tax | -$2.39M | — | -$3.50M | -$2.58M | -$1.76M +26.2% | — | -$7.38M -110.7% | -$6.26M -142.4% | Weakening |
| MarginsOPM | -15.5% | -24.4% | -26.8% | -19.8% | -10.7% +30.6% | 7.1% | -67.3% -150.6% | -50.5% -154.5% | Weakening |
| Tax | -268.6% | — | — | — | — | — | — | — | — |
| ReturnsROIC | 7.2% | 2.8% | 2.9% | 2.2% | 1.5% -79.6% | 4.6% +62.2% | 6.0% +109.5% | 5.0% +128.3% | Strengthening |
| Line item | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | TTM |
|---|---|---|---|---|---|---|---|---|---|
| AssetsCash & Equivalents | $810.0K | $390.0K | $7.92M | $4.44M | $1.87M | — | — | — | — |
| Short-Term Investments | — | — | — | — | — | — | — | — | — |
| Total Current Assets | $14.76M | $25.13M | $36.63M | $29.97M | $23.53M | $30.56M | $50.22M | $36.37M | $45.77M |
| Net PP&E | $15.74M | $19.12M | $20.07M | $21.07M | $20.93M | $21.00M | $22.83M | $26.05M | $29.95M |
| Goodwill | — | — | — | — | — | — | — | — | — |
| Intangibles | $8.44M | $8.79M | $8.92M | $894.0K | $629.0K | — | — | $362.0K | $552.0K |
| Total Assets | $57.44M | $66.52M | $78.92M | $77.30M | $70.90M | $78.75M | $97.25M | $88.03M | $101.84M |
| LiabilitiesTotal Current Liabilities | $21.51M | $25.10M | $32.96M | $25.91M | $22.71M | $25.95M | $21.94M | $22.57M | $27.38M |
| Short-Term Debt | $1.18M | $1.30M | $3.60M | $393.0K | $476.0K | $773.0K | $550.0K | $562.0K | $616.0K |
| Long-Term Debt | $2.12M | $2.58M | $3.13M | $600.0K | $563.0K | $1.98M | $1.76M | $1.31M | $1.36M |
| Long-Term Leases | — | $2.34M | $2.07M | $2.03M | $1.58M | $1.67M | $1.43M | $1.10M | $897.0K |
| Total Liabilities | $31.31M | $37.28M | $46.47M | $36.72M | $33.37M | $39.37M | $34.86M | $37.90M | $43.51M |
| EquityCommon Stock & APIC | $12.0K | $12.0K | $12.0K | $13.0K | $13.0K | $14.0K | $18.0K | $18.0K | $21.0K |
| Retained Earnings | -$79.63M | -$77.31M | -$74.45M | -$73.62M | -$77.44M | -$76.95M | -$96.93M | -$110.71M | -$124.40M |
| Total Equity | $27.63M | $30.86M | $34.19M | $40.58M | $37.53M | $39.38M | $62.39M | $50.14M | $58.33M |
| HighlightsNet Cash / (Debt) | -$2.49M | -$3.49M | $1.20M | $3.45M | $827.0K | — | — | — | — |
| Line item | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | TTM |
|---|---|---|---|---|---|---|---|---|---|
| ActivitiesCash from Operating | $1.96M | -$4.68M | $7.37M | -$6.84M | -$553.0K | $6.47M | -$14.74M | -$10.75M | -$16.05M |
| Cash from Investing | -$1.32M | -$1.41M | -$1.59M | -$1.56M | -$997.0K | -$2.04M | -$4.13M | -$4.95M | -$6.12M |
| Cash from Financing | -$580.0K | $992.0K | $1.89M | $4.94M | -$921.0K | $1.70M | $40.95M | -$981.0K | $20.57M |
| SummaryCapital Expenditure | -$1.43M | -$1.53M | -$1.72M | -$1.58M | -$1.02M | -$1.71M | -$3.40M | -$4.71M | -$5.62M |
| Free Cash Flow | $528.0K | -$6.22M | $5.65M | -$8.41M | -$1.58M | $4.76M | -$18.15M | -$15.46M | -$21.67M |
| FCF Margin | 1.5% | -10.4% | 5.9% | -13.8% | -2.6% | 5.3% | -30.7% | -2408.1% | 562.5% |