| Metric | Q3 FY24 | Q4 FY24 | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Trend |
|---|---|---|---|---|---|---|---|---|---|
| EarningsRevenue | $6.75M | $9.73M | $10.03M | $9.52M | $7.03M +4.2% | $7.48M -23.1% | $7.14M -28.8% | $7.49M -21.4% | Weakening |
| Operating Profit | -$3.14M | -$3.66M | -$1.74M | -$5.79M | -$4.10M -30.8% | -$3.51M +4.1% | -$6.21M -256.8% | -$4.06M +29.8% | Weakening |
| Net Profit | -$4.15M | -$4.12M | -$2.03M | -$6.05M | -$3.98M +4.0% | -$3.78M +8.2% | -$6.46M -218.3% | -$4.27M +29.3% | Weakening |
| EPS | $-4.91 | — | $-0.27 | $-0.78 | $-0.48 +90.2% | — | $-0.55 -103.7% | $-0.36 +53.8% | Weakening |
| Other Income | — | — | — | — | — | — | — | — | — |
| Interest | $2.40M | $903.0K | $289.0K | $301.0K | $274.0K -88.6% | $244.0K -73.0% | $204.0K -29.4% | $204.0K -32.2% | Weakening |
| Depreciation | — | — | — | — | — | — | — | — | — |
| Profit before Tax | — | — | — | — | — | — | — | — | — |
| MarginsOPM | -46.5% | -37.6% | -17.4% | -60.8% | -58.3% -25.5% | -46.9% -24.8% | -87.0% -401.0% | -54.3% +10.8% | Weakening |
| Tax | — | — | — | — | — | — | — | — | — |
| ReturnsROIC | 2.3% | 2.3% | 1.1% | 3.4% | 2.2% -4.0% | 2.1% -8.2% | 3.6% +218.3% | 2.4% -29.3% | Strengthening |
| Line item | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | TTM |
|---|---|---|---|---|---|---|---|---|---|
| AssetsCash & Equivalents | — | — | — | — | — | — | — | — | — |
| Short-Term Investments | — | — | — | — | — | — | — | — | — |
| Total Current Assets | $10.94M | $14.30M | $18.45M | $24.70M | $24.09M | $17.76M | $23.31M | $21.46M | $13.66M |
| Net PP&E | $896.0K | $1.05M | $920.0K | $992.0K | $766.0K | $493.0K | $1.19M | $1.23M | $1.14M |
| Goodwill | — | — | — | — | — | — | — | — | — |
| Intangibles | $576.0K | $576.0K | $615.0K | $624.0K | $626.0K | $629.0K | $644.0K | $650.0K | $650.0K |
| Total Assets | $12.49M | $15.99M | $20.06M | $26.32M | $25.49M | $18.88M | $25.14M | $23.34M | $15.45M |
| LiabilitiesTotal Current Liabilities | $14.23M | $9.41M | $8.93M | $21.72M | $25.66M | $27.19M | $17.66M | $13.39M | $16.15M |
| Short-Term Debt | — | — | — | — | — | — | — | — | — |
| Long-Term Debt | — | — | — | — | — | — | — | — | — |
| Long-Term Leases | — | — | $555.0K | $394.0K | $207.0K | — | $837.0K | $803.0K | $787.0K |
| Total Liabilities | $19.23M | $14.85M | $9.65M | $22.12M | $33.96M | $38.06M | $18.49M | $14.19M | $16.93M |
| EquityCommon Stock & APIC | $3.0K | $5.0K | $9.0K | $9.0K | — | — | $1.0K | $5.0K | $5.0K |
| Retained Earnings | -$60.43M | -$76.55M | -$86.73M | -$103.14M | -$123.20M | -$138.73M | -$151.88M | -$167.73M | -$178.47M |
| Total Equity | -$6.74M | $1.15M | $10.40M | $4.20M | -$8.47M | -$19.18M | $6.65M | $9.15M | -$1.49M |
| HighlightsNet Cash / (Debt) | — | — | — | — | — | — | — | — | — |
| Line item | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | TTM |
|---|---|---|---|---|---|---|---|---|---|
| ActivitiesCash from Operating | -$9.26M | -$18.16M | -$9.50M | -$17.59M | -$15.53M | -$4.27M | -$6.12M | -$17.04M | -$14.64M |
| Cash from Investing | $942.0K | -$277.0K | -$161.0K | -$335.0K | -$2.0K | -$20.0K | -$167.0K | -$253.0K | — |
| Cash from Financing | -$3.19M | $18.73M | $9.34M | $17.38M | $16.02M | $4.36M | $16.08M | $17.32M | — |
| SummaryCapital Expenditure | -$159.0K | -$322.0K | -$122.0K | -$326.0K | — | -$85.0K | -$152.0K | -$272.0K | — |
| Free Cash Flow | -$9.42M | -$18.48M | -$9.62M | -$17.91M | — | -$4.35M | -$6.28M | -$17.31M | — |
| FCF Margin | -24.7% | -54.7% | -23.1% | -36.1% | — | -9.7% | -16.5% | -50.8% | — |