| Metric | Q3 FY24 | Q4 FY24 | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Trend |
|---|---|---|---|---|---|---|---|---|---|
| EarningsRevenue | $5.63M | $6.08M | $7.28M | $7.29M | $7.18M +27.6% | $5.32M -12.5% | $6.34M -12.9% | $5.75M -21.2% | Weakening |
| Operating Profit | -$873.2K | -$1.14M | -$594.2K | -$1.41M | -$2.10M -140.6% | -$4.14M -263.9% | -$2.14M -259.4% | -$2.15M -52.3% | Weakening |
| Net Profit | -$930.4K | -$1.19M | -$659.9K | -$1.46M | -$2.13M -129.0% | -$3.99M -236.7% | -$2.12M -221.3% | -$2.15M -46.8% | Weakening |
| EPS | $-0.04 | — | $-0.03 | $-0.06 | $-0.07 -75.0% | — | $-0.07 -133.3% | $-0.07 -16.7% | Weakening |
| Other Income | -$22.7K | -$42.3K | -$65.3K | -$44.5K | -$15.4K +32.0% | $141.4K | $28.2K | $7.1K | Weakening |
| Interest | $23.0K | $30.8K | $32.3K | $38.2K | $41.1K +78.7% | $38.7K +25.8% | $34.2K +5.9% | $39.2K +2.9% | Strengthening |
| Depreciation | — | — | — | — | — | — | — | — | — |
| Profit before Tax | -$895.9K | -$1.18M | -$659.6K | -$1.46M | -$2.12M -136.2% | -$4.00M -238.9% | -$2.11M -219.6% | -$2.14M -47.1% | Weakening |
| MarginsOPM | -15.5% | -18.7% | -8.2% | -19.4% | -29.3% -88.6% | -77.8% -315.9% | -33.7% -312.6% | -37.4% -93.4% | Weakening |
| Tax | — | — | — | — | — | — | — | — | — |
| ReturnsROIC | 1.5% | 2.0% | 1.1% | 2.4% | 3.5% +129.0% | 6.6% +236.7% | 3.5% +221.3% | 3.6% +46.8% | Strengthening |
| Line item | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | TTM |
|---|---|---|---|---|---|---|---|---|---|
| AssetsCash & Equivalents | $272.6K | $877.7K | $1.49M | $3.61M | $1.91M | $1.35M | $5.41M | $12.43M | $6.78M |
| Short-Term Investments | — | — | — | — | — | — | — | — | — |
| Total Current Assets | $26.37M | $27.91M | $22.19M | $24.97M | $22.03M | $20.31M | $22.15M | $28.89M | $24.02M |
| Net PP&E | $11.27M | $5.64M | $3.92M | $3.65M | $2.65M | $1.91M | $3.47M | $3.10M | $2.77M |
| Goodwill | $8.98M | $5.28M | $2.41M | $2.41M | $2.41M | $2.74M | $2.35M | $1.25M | $1.25M |
| Intangibles | $2.89M | $1.59M | $1.36M | $1.18M | $997.6K | $2.44M | $2.51M | $2.15M | $1.97M |
| Total Assets | $49.90M | $41.12M | $30.07M | $32.36M | $28.25M | $27.79M | $31.09M | $36.99M | $31.60M |
| LiabilitiesTotal Current Liabilities | $13.20M | $13.45M | $9.17M | $8.78M | $7.69M | $10.48M | $16.82M | $9.27M | $8.21M |
| Short-Term Debt | — | — | — | — | — | — | — | — | — |
| Long-Term Debt | — | — | — | — | — | — | — | — | — |
| Long-Term Leases | — | — | $1.22M | $1.32M | $623.5K | $523.7K | $1.34M | $1.00M | $816.4K |
| Total Liabilities | $21.87M | $17.76M | $12.81M | $11.23M | $9.27M | $13.14M | $20.97M | $15.52M | $14.05M |
| EquityCommon Stock & APIC | $24.8K | $24.8K | $24.9K | $24.9K | $24.9K | $24.9K | $24.9K | $29.8K | $30.2K |
| Retained Earnings | -$28.67M | -$33.38M | -$39.53M | -$35.83M | -$38.28M | -$42.88M | -$47.64M | -$55.89M | -$60.16M |
| Total Equity | $27.78M | $23.27M | $17.31M | $21.21M | $19.09M | $14.75M | $10.23M | $21.65M | $17.72M |
| HighlightsNet Cash / (Debt) | — | — | — | — | — | — | — | — | — |
| Line item | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | TTM |
|---|---|---|---|---|---|---|---|---|---|
| ActivitiesCash from Operating | -$3.86M | -$4.48M | $1.41M | $465.0K | -$1.35M | -$817.8K | $4.06M | -$9.91M | -$11.60M |
| Cash from Investing | $1.28M | $4.71M | -$217.8K | -$215.1K | -$348.6K | -$244.9K | -$1.01M | -$464.1K | -$161.7K |
| Cash from Financing | $1.18M | $382.9K | -$576.9K | $1.87M | $0 | $500.0K | $1.01M | $17.40M | $16.90M |
| SummaryCapital Expenditure | -$828.1K | -$95.6K | -$60.0K | -$91.5K | -$314.9K | -$46.9K | -$969.2K | -$400.8K | -$242.2K |
| Free Cash Flow | -$4.69M | -$4.58M | $1.35M | $373.6K | -$1.67M | -$864.7K | $3.09M | -$10.31M | -$11.84M |
| FCF Margin | -13.1% | -13.7% | 4.8% | 1.5% | -6.7% | -3.4% | 13.7% | -38.1% | -48.2% |