| Metric | Q3 FY24 | Q4 FY24 | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Trend |
|---|---|---|---|---|---|---|---|---|---|
| EarningsRevenue | $7.60M | $8.22M | $7.21M | $7.26M | $7.84M +3.1% | $11.28M +37.3% | $8.00M +11.1% | $8.05M +10.9% | Strengthening |
| Operating Profit | -$12.04M | -$10.23M | -$11.66M | -$12.15M | -$11.37M +5.5% | -$12.21M -19.4% | -$13.85M -18.8% | -$12.32M -1.4% | Weakening |
| Net Profit | -$11.32M | -$9.67M | -$11.26M | -$11.86M | -$11.51M -1.6% | -$12.50M -29.3% | -$14.28M -26.7% | -$12.92M -9.0% | Weakening |
| EPS | $-0.26 | — | $-0.26 | $-0.27 | $-0.26 +0.0% | — | $-0.31 -19.2% | $-0.27 +0.0% | Weakening |
| Other Income | $729.0K | $554.0K | $405.0K | $301.0K | -$125.0K -117.1% | -$272.0K -149.1% | -$415.0K -202.5% | -$556.0K -284.7% | Weakening |
| Interest | $11.0K | — | $12.0K | $12.0K | $393.0K +3472.7% | $673.0K | $639.0K +5225.0% | $646.0K +5283.3% | Strengthening |
| Depreciation | — | — | — | — | — | — | — | — | — |
| Profit before Tax | — | — | — | — | — | — | — | — | — |
| MarginsOPM | -158.3% | -124.5% | -161.8% | -167.3% | -145.1% +8.4% | -108.2% +13.0% | -173.1% -7.0% | -153.0% +8.5% | Strengthening |
| Tax | — | — | — | — | — | — | — | — | — |
| ReturnsROIC | 2.1% | 1.8% | 2.0% | 2.2% | 2.1% +1.6% | 2.3% +29.3% | 2.6% +26.7% | 2.4% +9.0% | Strengthening |
| Line item | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | TTM |
|---|---|---|---|---|---|---|---|
| AssetsCash & Equivalents | $30.08M | $178.39M | $27.06M | $24.29M | $16.91M | $20.03M | $14.69M |
| Short-Term Investments | — | — | — | — | — | — | — |
| Total Current Assets | $62.15M | $218.12M | $138.58M | $120.42M | $80.92M | $61.17M | $46.26M |
| Net PP&E | $7.05M | $11.30M | $20.56M | $18.80M | $16.19M | $12.95M | $11.62M |
| Goodwill | — | — | — | — | — | — | — |
| Intangibles | — | — | — | — | — | — | — |
| Total Assets | $70.00M | $241.17M | $190.65M | $143.45M | $98.17M | $74.85M | $58.45M |
| LiabilitiesTotal Current Liabilities | $15.54M | $18.17M | $19.05M | $18.99M | $17.57M | $18.49M | $18.15M |
| Short-Term Debt | — | — | — | — | — | — | — |
| Long-Term Debt | $24.81M | $0 | $0 | — | $0 | $18.90M | $19.14M |
| Long-Term Leases | — | — | $6.90M | $5.95M | $4.78M | $3.54M | $2.88M |
| Total Liabilities | $45.18M | $20.19M | $26.48M | $25.46M | $22.82M | $41.65M | $40.70M |
| EquityCommon Stock & APIC | — | — | — | — | — | — | — |
| Retained Earnings | -$241.59M | -$315.11M | -$375.92M | -$428.38M | -$475.27M | -$522.40M | -$549.60M |
| Total Equity | -$127.01M | $220.98M | $164.17M | $117.99M | $75.35M | $33.21M | $17.75M |
| HighlightsNet Cash / (Debt) | — | — | — | — | — | — | — |
| Line item | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | TTM |
|---|---|---|---|---|---|---|---|
| ActivitiesCash from Operating | -$31.00M | -$54.96M | -$58.55M | -$45.08M | -$44.15M | -$31.06M | -$40.06M |
| Cash from Investing | -$15.67M | -$13.29M | -$93.47M | $42.15M | $36.66M | $14.33M | $7.12M |
| Cash from Financing | $64.23M | $216.75M | $693.0K | $149.0K | $203.0K | $19.77M | $29.29M |
| SummaryCapital Expenditure | -$690.0K | -$3.22M | -$6.74M | -$1.84M | -$1.36M | -$850.0K | -$336.0K |
| Free Cash Flow | -$31.69M | -$58.18M | -$65.29M | -$46.93M | -$45.52M | -$31.91M | -$40.39M |
| FCF Margin | -197.1% | -250.4% | -381.1% | -208.4% | -162.3% | -95.0% | -114.8% |