| Metric | Q3 FY24 | Q4 FY24 | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Trend |
|---|---|---|---|---|---|---|---|---|---|
| EarningsRevenue | $18.96M | $17.65M | $18.52M | $20.20M | $20.69M +9.1% | $20.87M +18.2% | $19.06M +2.9% | $19.29M -4.5% | Strengthening |
| Operating Profit | -$9.37M | -$8.35M | -$10.47M | -$9.08M | -$7.55M +19.3% | -$6.65M +20.4% | -$10.53M -0.5% | -$9.28M -2.2% | Strengthening |
| Net Profit | -$10.37M | -$9.21M | -$11.26M | -$9.92M | -$8.60M +17.1% | -$9.04M +1.8% | -$12.27M -9.0% | -$11.26M -13.5% | Weakening |
| EPS | $-0.42 | — | $-0.25 | $-0.22 | $-0.19 +54.8% | — | $-0.21 +16.0% | $-0.20 +9.1% | Strengthening |
| Other Income | -$1.01M | -$998.0K | -$740.0K | -$809.0K | -$1.05M -4.2% | -$2.25M -125.3% | -$1.69M -128.0% | -$1.92M -137.2% | Weakening |
| Interest | $1.34M | $1.28M | $1.22M | $1.19M | $1.20M -10.6% | $1.64M +27.6% | $2.05M +68.4% | $2.08M +74.7% | Strengthening |
| Depreciation | — | — | — | — | — | — | — | — | — |
| Profit before Tax | -$10.37M | -$9.35M | -$11.21M | -$9.89M | -$8.60M +17.1% | -$8.90M +4.9% | -$12.21M -8.9% | -$11.20M -13.3% | Weakening |
| MarginsOPM | -49.4% | -47.3% | -56.5% | -45.0% | -36.5% +26.1% | -31.9% +32.7% | -55.2% +2.3% | -48.1% -7.0% | Strengthening |
| Tax | — | — | -0.5% | -0.3% | — | — | -0.5% -6.5% | -0.5% -63.6% | Weakening |
| ReturnsROIC | 2.5% | 2.2% | 2.7% | 2.4% | 2.0% -17.1% | 2.1% -1.8% | 2.9% +9.0% | 2.7% +13.5% | Strengthening |
| Line item | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | TTM |
|---|---|---|---|---|---|---|---|---|---|
| AssetsCash & Equivalents | $17.28M | $45.30M | $74.39M | $43.93M | $42.02M | $46.73M | $52.67M | $50.84M | $30.42M |
| Short-Term Investments | — | — | — | — | — | — | — | — | — |
| Total Current Assets | $23.25M | $64.33M | $83.22M | $59.05M | $62.45M | $71.73M | $78.07M | $75.58M | $54.49M |
| Net PP&E | $758.0K | $677.0K | $626.0K | $1.19M | $2.91M | $3.94M | $4.08M | $3.73M | $3.43M |
| Goodwill | — | — | — | — | — | — | — | — | — |
| Intangibles | — | $2.91M | $2.61M | $2.30M | $2.50M | $2.12M | $1.74M | $1.36M | $1.17M |
| Total Assets | $27.23M | $67.92M | $86.46M | $62.54M | $67.86M | $78.05M | $86.57M | $81.42M | $59.74M |
| LiabilitiesTotal Current Liabilities | $9.56M | $6.71M | $6.61M | $10.57M | $12.40M | $16.97M | $15.60M | $17.98M | $18.22M |
| Short-Term Debt | — | — | — | — | — | — | — | — | — |
| Long-Term Debt | — | $30.24M | $30.83M | $31.49M | $39.92M | $40.52M | $41.12M | $55.65M | $56.08M |
| Long-Term Leases | — | — | — | — | $1.20M | $1.70M | $1.50M | — | — |
| Total Liabilities | $40.94M | $36.96M | $37.43M | $42.45M | $53.55M | $59.17M | $58.11M | $75.11M | $75.60M |
| EquityCommon Stock & APIC | — | $11.0K | $14.0K | $15.0K | $19.0K | $24.0K | $39.0K | $44.0K | $45.0K |
| Retained Earnings | -$137.86M | -$167.86M | -$196.65M | -$229.93M | -$274.23M | -$320.89M | -$358.73M | -$397.56M | -$421.10M |
| Total Equity | -$137.86M | $30.96M | $49.03M | $20.10M | $14.30M | $18.88M | $28.46M | $6.31M | -$15.87M |
| HighlightsNet Cash / (Debt) | — | — | — | — | — | — | — | — | — |
| Line item | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | TTM |
|---|---|---|---|---|---|---|---|---|---|
| ActivitiesCash from Operating | -$19.92M | -$25.52M | -$24.46M | -$30.43M | -$40.75M | -$40.86M | -$41.59M | -$28.22M | -$31.14M |
| Cash from Investing | -$1.56M | -$11.98M | $9.12M | -$627.0K | -$1.87M | -$599.0K | $4.45M | $846.0K | $933.0K |
| Cash from Financing | $27.41M | $65.53M | $44.41M | $585.0K | $40.85M | $46.27M | $43.06M | $25.75M | $25.56M |
| SummaryCapital Expenditure | -$62.0K | -$197.0K | -$167.0K | -$627.0K | -$872.0K | -$611.0K | -$989.0K | -$448.0K | -$480.0K |
| Free Cash Flow | -$19.99M | -$25.72M | -$24.62M | -$31.06M | -$41.62M | -$41.47M | -$42.58M | -$28.67M | -$31.62M |
| FCF Margin | -241.6% | -166.5% | -135.2% | -105.4% | -100.5% | -70.9% | -61.4% | -35.7% | -39.6% |