| Metric | Q3 FY24 | Q4 FY24 | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Trend |
|---|---|---|---|---|---|---|---|---|---|
| EarningsRevenue | $36.85M | $33.60M | $31.87M | $35.54M | $47.96M +30.1% | $56.79M +69.0% | $50.06M +57.1% | $54.94M +54.6% | Strengthening |
| Operating Profit | -$457.0K | -$125.0K | -$1.72M | -$211.0K | -$1.64M -259.7% | -$109.0K +12.8% | -$4.01M -132.9% | -$1.37M -549.3% | Weakening |
| Net Profit | -$846.0K | -$585.0K | -$1.76M | -$688.0K | -$1.76M -108.5% | -$1.71M -192.1% | -$3.79M -116.0% | -$1.85M -168.6% | Weakening |
| EPS | $-0.28 | — | $-0.59 | $-0.23 | $-0.54 -92.9% | — | $-1.01 -71.2% | $-0.50 -117.4% | Weakening |
| Other Income | — | — | — | — | — | — | — | — | — |
| Interest | — | — | — | — | — | — | — | — | — |
| Depreciation | — | — | — | — | — | — | — | — | — |
| Profit before Tax | -$548.0K | $252.0K | -$1.72M | -$343.0K | -$1.51M -176.5% | -$274.0K -208.7% | -$4.06M -135.4% | -$1.58M -360.1% | Weakening |
| MarginsOPM | -1.2% | -0.4% | -5.4% | -0.6% | -3.4% -176.6% | -0.2% +48.6% | -8.0% -48.2% | -2.5% -322.0% | Weakening |
| Tax | -54.4% | 332.1% | -1.9% | -100.6% | -16.4% +69.8% | -523.7% -257.7% | 6.5% | -17.1% +83.0% | Weakening |
| ReturnsROIC | 0.2% | 0.1% | 0.4% | 0.2% | 0.4% +108.5% | 0.4% +192.1% | 0.9% +116.0% | 0.4% +168.6% | Strengthening |
| Line item | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | TTM |
|---|---|---|---|---|---|---|---|---|---|
| AssetsCash & Equivalents | $40.56M | $31.19M | $25.81M | $21.71M | $27.12M | $22.61M | $17.01M | $10.27M | $6.83M |
| Short-Term Investments | — | — | — | — | — | — | — | — | — |
| Total Current Assets | $52.07M | $44.94M | $40.29M | $49.16M | $55.51M | $45.85M | $40.14M | $62.49M | $57.83M |
| Net PP&E | $170.0K | $587.0K | $325.0K | $848.0K | $1.36M | $1.85M | $1.27M | $30.29M | $30.32M |
| Goodwill | — | $0 | $2.09M | $4.22M | $4.88M | $5.75M | $5.70M | $5.94M | $5.90M |
| Intangibles | — | $0 | $1.40M | $5.49M | $4.52M | $3.63M | $2.49M | $1.69M | $1.35M |
| Total Assets | $53.18M | $46.70M | $45.39M | $61.24M | $67.94M | $60.96M | $52.58M | $113.23M | $108.24M |
| LiabilitiesTotal Current Liabilities | $10.56M | $9.49M | $10.01M | $19.69M | $21.12M | $11.21M | $11.22M | $29.83M | $29.46M |
| Short-Term Debt | — | $0 | — | $750.0K | $1.25M | — | $0 | $8.47M | $8.96M |
| Long-Term Debt | — | $0 | — | $1.25M | — | — | $0 | $6.06M | $5.12M |
| Long-Term Leases | $0 | $160.0K | $22.0K | $118.0K | $348.0K | $664.0K | $441.0K | $11.23M | $13.38M |
| Total Liabilities | $12.69M | $10.67M | $11.11M | $21.93M | $22.15M | $12.40M | $12.15M | $47.52M | $48.44M |
| EquityCommon Stock & APIC | $4.0K | $4.0K | $4.0K | $4.0K | $4.0K | $4.0K | $4.0K | $5.0K | $5.0K |
| Retained Earnings | -$435.55M | -$436.51M | -$437.75M | -$434.52M | -$427.39M | -$425.25M | -$430.02M | -$435.93M | -$441.57M |
| Total Equity | $40.49M | $36.03M | $34.28M | $39.32M | $45.79M | $48.55M | $40.43M | $65.71M | $59.80M |
| HighlightsNet Cash / (Debt) | — | $31.19M | — | $19.71M | — | — | $17.01M | -$4.26M | -$7.25M |
| Line item | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | TTM |
|---|---|---|---|---|---|---|---|---|---|
| ActivitiesCash from Operating | -$15.51M | -$4.83M | -$1.43M | $2.51M | $9.45M | $315.0K | -$2.79M | -$7.25M | -$9.71M |
| Cash from Investing | $27.33M | -$84.0K | -$4.02M | -$6.30M | -$1.33M | -$2.15M | $1.06M | $4.57M | $5.17M |
| Cash from Financing | $7.18M | -$4.59M | -$927.0K | -$4.0K | -$2.04M | -$2.45M | -$3.10M | -$1.96M | -$3.71M |
| SummaryCapital Expenditure | -$465.0K | -$84.0K | -$22.0K | -$284.0K | -$504.0K | -$99.0K | -$18.0K | -$1.70M | -$4.46M |
| Free Cash Flow | -$15.98M | -$4.91M | -$1.45M | $2.22M | $8.95M | $216.0K | -$2.81M | -$8.96M | -$14.17M |
| FCF Margin | -23.9% | -5.2% | -1.4% | 1.3% | 4.5% | 0.1% | -2.0% | -5.2% | -6.8% |