| Metric | Q3 FY24 | Q4 FY24 | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Trend |
|---|---|---|---|---|---|---|---|---|---|
| EarningsRevenue | $3.21M | -$2.60M | $3.05M | $3.43M | $4.40M +37.3% | $7.33M | $8.16M +167.4% | $7.13M +107.8% | Strengthening |
| Operating Profit | -$10.26M | -$2.50M | -$9.32M | -$5.20M | -$9.70M +5.5% | -$7.75M -210.0% | -$6.13M +34.2% | -$4.79M +7.9% | Weakening |
| Net Profit | -$13.14M | -$20.74M | -$4.45M | -$8.37M | -$11.98M +8.8% | -$11.82M +43.0% | -$6.45M -45.1% | -$5.62M +32.8% | Strengthening |
| EPS | $-0.41 | — | $-0.10 | $-2.78 | $-0.26 +36.6% | — | $-0.12 -20.0% | $-1.54 +44.6% | Strengthening |
| Other Income | $1.61M | -$8.65M | $7.27M | -$309.3K | -$358.9K -122.3% | $459.6K | -$348.0K -104.8% | -$453.5K -46.6% | Weakening |
| Interest | $756.8K | — | — | — | — | — | — | — | — |
| Depreciation | — | — | — | — | — | — | — | — | — |
| Profit before Tax | -$8.65M | -$11.15M | -$2.04M | -$5.51M | -$10.05M -16.2% | -$7.29M +34.6% | -$6.48M -217.3% | -$5.24M +4.9% | Weakening |
| MarginsOPM | -319.9% | 96.2% | -305.4% | -151.6% | -220.1% +31.2% | -105.7% -209.8% | -75.2% +75.4% | -67.2% +55.7% | Weakening |
| Tax | 0.1% | 0.0% | -0.4% | 0.1% | 0.1% -42.9% | -0.0% | 0.0% +100.0% | 0.0% -100.0% | Stable |
| ReturnsROIC | 7.8% | 12.3% | 2.6% | 5.0% | 7.1% -8.8% | 7.0% -43.0% | 3.8% +45.1% | 3.3% -32.8% | Weakening |
| Line item | FY21 | FY22 | FY23 | FY24 | FY25 | TTM |
|---|---|---|---|---|---|---|
| AssetsCash & Equivalents | $841.2K | $2.33M | $16.45M | $35.73M | $14.64M | $6.74M |
| Short-Term Investments | — | — | — | — | — | — |
| Total Current Assets | $1.27M | $2.62M | $21.17M | $46.84M | $31.77M | $23.33M |
| Net PP&E | — | $320.2K | $451.4K | $550.1K | $856.6K | $645.9K |
| Goodwill | — | — | $0 | $10.93M | $10.93M | $10.93M |
| Intangibles | — | $1.27M | $3.56M | $14.64M | $14.57M | $12.80M |
| Total Assets | $173.95M | $4.22M | $25.25M | $74.89M | $59.68M | $49.23M |
| LiabilitiesTotal Current Liabilities | $478.6K | $684.5K | $4.01M | $8.62M | $15.67M | $15.86M |
| Short-Term Debt | — | — | — | — | — | — |
| Long-Term Debt | — | — | — | — | — | — |
| Long-Term Leases | — | $129.8K | $16.5K | $163.7K | $354.3K | $200.1K |
| Total Liabilities | $12.60M | $814.3K | $14.81M | $48.04M | $46.24M | $45.04M |
| EquityCommon Stock & APIC | — | — | — | — | — | — |
| Retained Earnings | -$11.15M | -$8.88M | -$62.21M | -$119.90M | -$156.51M | -$168.59M |
| Total Equity | $860.5K | $3.40M | $10.43M | $26.85M | $13.44M | $4.19M |
| HighlightsNet Cash / (Debt) | — | — | — | — | — | — |
| Line item | FY22 | FY23 | FY24 | FY25 | TTM |
|---|---|---|---|---|---|
| ActivitiesCash from Operating | -$6.03M | -$25.76M | -$34.13M | -$19.94M | -$15.13M |
| Cash from Investing | -$1.55M | -$3.32M | -$3.02M | -$10.49M | -$8.50M |
| Cash from Financing | $9.52M | $43.20M | $57.29M | $9.96M | $11.08M |
| SummaryCapital Expenditure | -$29.9K | -$113.1K | $0 | — | — |
| Free Cash Flow | -$6.06M | -$25.88M | -$34.13M | — | — |
| FCF Margin | -1276.2% | -455.1% | -339.2% | — | — |