| Metric | Q3 FY24 | Q4 FY24 | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Trend |
|---|---|---|---|---|---|---|---|---|---|
| EarningsRevenue | $10.55M | $13.28M | $9.20M | $12.36M | $14.19M +34.6% | $12.70M -4.4% | $10.26M +11.6% | $12.66M +2.5% | Strengthening |
| Operating Profit | -$12.85M | -$18.48M | -$10.14M | -$7.74M | -$3.97M +69.1% | -$7.04M +61.9% | -$8.82M +13.0% | $222.0K | Strengthening |
| Net Profit | -$12.65M | -$20.36M | -$10.87M | -$8.66M | -$4.15M +67.2% | -$7.78M +61.8% | -$9.36M +13.9% | -$551.0K +93.6% | Strengthening |
| EPS | $-0.14 | — | $-0.10 | $-0.07 | $-0.03 +78.6% | — | $-0.07 +30.0% | $0.00 +100.0% | Strengthening |
| Other Income | $208.0K | -$1.83M | -$735.0K | -$923.0K | -$179.0K -186.1% | -$695.0K +62.1% | -$544.0K +26.0% | -$773.0K +16.3% | Strengthening |
| Interest | $496.0K | $551.0K | $590.0K | $586.0K | $568.0K +14.5% | $553.0K +0.4% | $493.0K -16.4% | $517.0K -11.8% | Weakening |
| Depreciation | — | — | — | — | — | — | — | — | — |
| Profit before Tax | — | — | — | — | — | — | — | — | — |
| MarginsOPM | -121.9% | -139.2% | -110.2% | -62.6% | -28.0% +77.1% | -55.5% +60.2% | -85.9% +22.1% | 1.8% | Strengthening |
| Tax | — | — | — | — | — | — | — | — | — |
| ReturnsROIC | 4.2% | 6.8% | 3.6% | 2.9% | 1.4% -67.2% | 2.6% -61.8% | 3.1% -13.9% | 0.2% -93.6% | Weakening |
| Line item | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | TTM |
|---|---|---|---|---|---|---|---|---|---|
| AssetsCash & Equivalents | $2.07M | $1.07M | $20.59M | $25.80M | $1.92M | $15.38M | $5.01M | $16.57M | $9.77M |
| Short-Term Investments | — | — | — | — | — | — | — | — | — |
| Total Current Assets | $8.53M | $10.23M | $24.12M | $30.68M | $9.28M | $25.34M | $19.93M | $30.73M | $23.09M |
| Net PP&E | $462.0K | $725.0K | $1.47M | $15.86M | $26.39M | $22.77M | $20.40M | $13.35M | $11.87M |
| Goodwill | $1.40M | $6.34M | $6.34M | $53.45M | $20.59M | $20.59M | $24.31M | $24.31M | $24.31M |
| Intangibles | $3.46M | $8.24M | $7.04M | $21.26M | $21.30M | $17.24M | $14.45M | $13.25M | $12.65M |
| Total Assets | $18.05M | $28.99M | $40.40M | $125.88M | $83.84M | $92.15M | $82.47M | $85.39M | $74.33M |
| LiabilitiesTotal Current Liabilities | $8.57M | $10.33M | $5.92M | $13.82M | $15.44M | $17.24M | $18.22M | $29.09M | $29.68M |
| Short-Term Debt | $34.1K | $1.89M | — | — | — | — | — | — | — |
| Long-Term Debt | $19.42M | $0 | $469.0K | — | — | $26.02M | $15.88M | $15.00M | $15.05M |
| Long-Term Leases | $0 | $161.0K | $188.0K | $10.03M | $14.24M | $13.45M | $12.37M | $10.57M | $8.22M |
| Total Liabilities | $9.55M | $32.22M | $8.54M | $24.79M | $34.50M | $58.78M | $48.33M | $42.52M | $40.20M |
| EquityCommon Stock & APIC | $2.0K | $2.0K | $3.0K | $4.0K | $5.0K | $7.0K | $10.0K | $13.0K | $13.0K |
| Retained Earnings | -$12.06M | -$28.41M | -$43.05M | -$69.88M | -$153.00M | -$198.68M | -$260.09M | -$291.55M | -$301.46M |
| Total Equity | $3.46M | -$9.04M | $25.19M | $101.09M | $49.34M | $33.37M | $34.14M | $42.87M | $34.13M |
| HighlightsNet Cash / (Debt) | -$17.39M | -$819.0K | — | — | — | — | — | — | — |
| Line item | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | TTM |
|---|---|---|---|---|---|---|---|---|---|
| ActivitiesCash from Operating | -$2.05M | -$21.33M | -$15.06M | -$18.03M | -$39.61M | -$32.63M | -$32.47M | -$20.37M | -$10.77M |
| Cash from Investing | $395.0K | -$563.0K | $4.59M | -$47.37M | -$8.39M | $270.0K | -$9.03M | -$2.17M | -$1.91M |
| Cash from Financing | $2.47M | $20.99M | $29.62M | $70.99M | $23.87M | $45.60M | $31.11M | $34.08M | $17.55M |
| SummaryCapital Expenditure | -$1.00M | -$798.0K | -$1.04M | -$4.37M | -$2.99M | -$1.39M | -$1.68M | -$2.53M | -$2.27M |
| Free Cash Flow | -$3.05M | -$22.13M | -$16.10M | -$22.41M | -$42.60M | -$34.02M | -$34.15M | -$22.90M | -$13.04M |
| FCF Margin | -15.2% | -404.6% | -174.4% | -193.6% | -213.9% | -97.4% | -74.2% | -47.3% | -26.2% |