| Metric | Q3 FY24 | Q4 FY24 | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Trend |
|---|---|---|---|---|---|---|---|---|---|
| EarningsRevenue | $9.36M | $10.33M | $9.33M | $10.05M | $11.27M +20.4% | $13.39M +29.7% | $9.62M +3.1% | $9.74M -3.1% | Strengthening |
| Operating Profit | $1.48M | $2.01M | $601.0K | $1.44M | $903.0K -39.1% | $2.00M -0.4% | -$1.12M -287.0% | -$280.0K -119.5% | Weakening |
| Net Profit | -$21.16M | -$13.31M | -$6.12M | $551.0K | $9.69M | $7.69M | -$1.44M +76.5% | -$682.0K -223.8% | Weakening |
| EPS | $-6.65 | — | $-0.72 | $0.06 | $1.13 | — | $-0.17 +76.4% | $-0.08 -233.3% | Weakening |
| Other Income | — | — | — | — | — | — | — | — | — |
| Interest | — | — | — | — | — | — | — | — | — |
| Depreciation | — | — | — | — | — | — | — | — | — |
| Profit before Tax | — | — | — | — | — | — | — | — | — |
| MarginsOPM | 15.8% | 19.5% | 6.4% | 14.3% | 8.0% -49.4% | 14.9% -23.3% | -11.7% -281.5% | -2.9% -120.1% | Weakening |
| Tax | — | — | — | — | — | — | — | — | — |
| ReturnsROIC | 8.6% | 5.4% | 2.5% | -0.2% | -4.0% -145.8% | -3.1% -157.8% | 0.6% -76.5% | 0.3% | Weakening |
| Line item | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | TTM |
|---|---|---|---|---|---|---|---|---|---|
| AssetsCash & Equivalents | $364.5K | $1.76M | $2.44M | $619.0K | $1.15M | $1.80M | $10.24M | $11.96M | $9.38M |
| Short-Term Investments | — | — | — | — | — | — | — | — | — |
| Total Current Assets | $1.08M | $2.50M | $7.93M | $4.40M | $6.62M | $9.78M | $18.40M | $24.63M | $23.20M |
| Net PP&E | $77.8K | $570.0K | $857.0K | $1.16M | $856.0K | $938.0K | $732.0K | $2.36M | $3.21M |
| Goodwill | — | $0 | $7.26M | $7.26M | $7.26M | $7.26M | $7.26M | $7.26M | $7.26M |
| Intangibles | — | — | $6.55M | $5.84M | $5.14M | $4.43M | $3.73M | $3.03M | $2.89M |
| Total Assets | $1.18M | $3.38M | $23.03M | $18.62M | $19.87M | $22.42M | $30.12M | $37.34M | $36.60M |
| LiabilitiesTotal Current Liabilities | $16.49M | $12.42M | $36.17M | $56.26M | $60.22M | $64.75M | $45.42M | $17.85M | $18.17M |
| Short-Term Debt | $1.88M | $587.2K | $16.59M | $25.39M | — | — | — | $5.75M | — |
| Long-Term Debt | — | — | $143.0K | $875.0K | — | — | — | $16.14M | — |
| Long-Term Leases | $0 | $185.8K | $158.0K | $74.0K | — | — | — | — | — |
| Total Liabilities | $16.53M | $13.45M | $36.74M | $57.58M | $60.88M | $65.59M | $45.91M | $35.72M | $33.82M |
| EquityCommon Stock & APIC | $155.7K | $293.8K | $471.0K | $482.0K | $549.0K | $3.0K | $9.0K | $9.0K | $9.0K |
| Retained Earnings | -$116.60M | -$125.75M | -$156.69M | -$183.95M | -$194.24M | -$220.05M | -$254.50M | -$242.69M | -$244.81M |
| Total Equity | -$15.36M | -$10.06M | -$13.72M | -$38.96M | -$41.01M | -$44.55M | -$15.79M | $1.62M | $2.79M |
| HighlightsNet Cash / (Debt) | — | — | -$14.30M | -$25.64M | — | — | — | -$9.93M | — |
| Line item | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | TTM |
|---|---|---|---|---|---|---|---|---|---|
| ActivitiesCash from Operating | -$3.62M | -$6.41M | -$12.72M | -$6.41M | -$17.17M | -$4.54M | $2.46M | $3.88M | $5.22M |
| Cash from Investing | -$42.9K | -$53.9K | -$20.05M | -$529.0K | $332.0K | $21.0K | -$490.0K | $3.43M | $4.15M |
| Cash from Financing | $3.32M | $7.86M | $33.45M | $5.12M | $17.38M | $5.21M | $6.35M | -$5.59M | -$8.49M |
| SummaryCapital Expenditure | -$42.9K | -$53.9K | -$53.0K | -$529.0K | — | $0 | -$490.0K | -$1.94M | -$978.0K |
| Free Cash Flow | -$3.66M | -$6.46M | -$12.77M | -$6.94M | — | -$4.54M | $1.97M | $1.93M | $4.24M |
| FCF Margin | -198.1% | -422.9% | -314.8% | -53.3% | — | -22.2% | 6.0% | 4.4% | 9.6% |