| Metric | Q3 FY24 | Q4 FY24 | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Trend |
|---|---|---|---|---|---|---|---|---|---|
| EarningsRevenue | $19.55M | $18.41M | $18.51M | $18.42M | $17.06M -12.7% | $17.62M -4.3% | $19.25M +4.0% | $21.70M +17.8% | Strengthening |
| Operating Profit | -$13.81M | -$9.96M | -$11.83M | -$11.15M | -$9.15M +33.7% | -$10.41M -4.5% | -$8.80M +25.6% | -$6.86M +38.5% | Strengthening |
| Net Profit | -$16.20M | -$11.59M | -$13.86M | -$9.92M | -$13.19M +18.6% | -$11.62M -0.3% | -$10.61M +23.4% | -$7.66M +22.8% | Strengthening |
| EPS | $-0.62 | — | $-0.53 | $-0.38 | $-0.46 +25.8% | — | $-0.35 +34.0% | $-0.25 +34.2% | Strengthening |
| Other Income | — | — | — | — | — | — | — | — | — |
| Interest | $1.36M | $1.30M | $1.23M | $1.25M | $1.27M -6.7% | $1.25M -3.7% | $1.42M +15.5% | $1.46M +16.9% | Strengthening |
| Depreciation | — | — | — | — | — | — | — | — | — |
| Profit before Tax | -$16.23M | -$11.57M | -$13.85M | -$9.92M | -$13.17M +18.9% | -$11.64M -0.6% | -$10.62M +23.3% | -$7.63M +23.1% | Strengthening |
| MarginsOPM | -70.6% | -54.1% | -63.9% | -60.5% | -53.6% +24.0% | -59.1% -9.2% | -45.7% +28.4% | -31.6% +47.8% | Strengthening |
| Tax | 0.2% | -0.2% | -0.1% | -0.0% | -0.1% -164.7% | 0.1% | 0.1% | -0.4% -975.0% | Weakening |
| ReturnsROIC | 3.8% | 2.7% | 3.2% | 2.3% | 3.1% -18.6% | 2.7% +0.3% | 2.5% -23.4% | 1.8% -22.8% | Weakening |
| Line item | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | TTM |
|---|---|---|---|---|---|---|---|---|---|
| AssetsCash & Equivalents | $10.99M | $20.17M | $73.64M | $110.75M | $18.16M | $22.12M | $14.05M | $10.24M | $9.14M |
| Short-Term Investments | — | — | — | — | $61.18M | $66.94M | $21.84M | $7.94M | $2.00M |
| Total Current Assets | — | $24.13M | $78.39M | $121.33M | $87.46M | $104.01M | $57.00M | $35.49M | $28.39M |
| Net PP&E | — | $1.31M | $3.71M | $2.94M | $2.05M | $4.32M | $13.59M | $11.53M | $10.33M |
| Goodwill | — | — | — | — | — | — | — | — | — |
| Intangibles | — | $225.0K | $364.0K | $472.0K | $465.0K | $487.0K | $5.57M | $5.64M | $5.25M |
| Total Assets | — | $25.78M | $82.46M | $125.50M | $98.26M | $111.64M | $79.71M | $56.39M | $47.78M |
| LiabilitiesTotal Current Liabilities | — | $4.48M | $7.71M | $7.39M | $10.69M | $13.20M | $20.16M | $62.68M | $68.71M |
| Short-Term Debt | — | — | — | — | — | — | $0 | $42.98M | $46.66M |
| Long-Term Debt | — | — | — | — | — | $39.81M | $42.24M | $0 | — |
| Long-Term Leases | — | — | $1.92M | $878.0K | $306.0K | $1.70M | $2.84M | $2.13M | $1.82M |
| Total Liabilities | — | $4.95M | $10.06M | $9.85M | $12.97M | $61.89M | $74.97M | $73.04M | $75.61M |
| EquityCommon Stock & APIC | — | $3.0K | $3.0K | $3.0K | $3.0K | $3.0K | $3.0K | $3.0K | $3.0K |
| Retained Earnings | — | -$152.83M | -$194.91M | -$221.50M | -$262.59M | -$297.97M | -$359.81M | -$408.40M | -$426.68M |
| Total Equity | $14.03M | $20.83M | $72.40M | $115.66M | $84.74M | $49.06M | $4.50M | -$16.65M | -$27.84M |
| HighlightsNet Cash / (Debt) | — | — | — | — | — | — | -$6.36M | -$24.80M | — |
| Line item | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | TTM |
|---|---|---|---|---|---|---|---|---|---|
| ActivitiesCash from Operating | -$12.96M | -$19.25M | -$22.75M | -$25.90M | -$19.09M | -$38.01M | -$48.90M | -$31.20M | -$24.23M |
| Cash from Investing | -$365.0K | -$1.23M | -$847.0K | -$1.17M | -$19.33M | $1.61M | $37.36M | $12.45M | $600.0K |
| Cash from Financing | $21.30M | $29.71M | $77.06M | $64.05M | $900.0K | $40.37M | $3.51M | $14.94M | $20.55M |
| SummaryCapital Expenditure | -$365.0K | -$1.02M | -$590.0K | -$894.0K | -$452.0K | -$1.38M | -$9.17M | -$1.00M | -$387.0K |
| Free Cash Flow | -$13.32M | -$20.27M | -$23.34M | -$26.80M | -$19.54M | -$39.39M | -$58.07M | -$32.20M | -$24.62M |
| FCF Margin | -1434.3% | -370.3% | -163.6% | -91.7% | -56.8% | -78.6% | -90.4% | -45.0% | -32.5% |