| Metric | Q3 FY24 | Q4 FY24 | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Trend |
|---|---|---|---|---|---|---|---|---|---|
| EarningsRevenue | $9.58M | $9.27M | $9.79M | $10.29M | $10.45M +9.2% | $9.98M +7.8% | $11.08M +13.1% | $12.19M +18.5% | Strengthening |
| Operating Profit | -$7.43M | -$5.63M | -$4.96M | -$3.39M | -$4.02M +45.9% | -$4.61M +18.1% | -$4.30M +13.4% | -$2.89M +14.6% | Strengthening |
| Net Profit | -$7.57M | -$5.72M | -$4.64M | -$3.57M | -$4.29M +43.3% | -$4.76M +16.8% | -$4.55M +1.9% | -$3.17M +11.2% | Strengthening |
| EPS | $-0.15 | — | $-0.09 | $-0.07 | $-0.08 +46.7% | — | $-0.08 +11.1% | $-0.06 +14.3% | Strengthening |
| Other Income | -$141.0K | -$129.0K | $341.0K | -$165.0K | -$190.0K -34.8% | -$211.0K -63.6% | -$210.0K -161.6% | — | Weakening |
| Interest | — | — | — | — | — | — | — | — | — |
| Depreciation | — | — | — | — | — | — | — | — | — |
| Profit before Tax | -$7.57M | -$5.76M | -$4.62M | -$3.55M | -$4.21M +44.4% | -$4.82M +16.3% | -$4.51M +2.5% | -$3.14M +11.6% | Strengthening |
| MarginsOPM | -77.6% | -60.7% | -50.7% | -32.9% | -38.4% +50.5% | -46.2% +24.0% | -38.8% +23.4% | -23.7% +27.9% | Strengthening |
| Tax | 0.1% | 0.7% | -0.5% | -0.5% | -1.9% -1809.1% | 1.3% +95.5% | -1.0% -116.7% | -1.0% -77.8% | Weakening |
| ReturnsROIC | 5.3% | 4.0% | 3.2% | 2.5% | 3.0% -43.3% | 3.3% -16.8% | 3.2% -1.9% | 2.2% -11.2% | Weakening |
| Line item | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | TTM |
|---|---|---|---|---|---|---|---|
| AssetsCash & Equivalents | $3.31M | $87.52M | $42.24M | $28.48M | $3.71M | $5.91M | $6.00M |
| Short-Term Investments | $1.81M | $0 | — | — | — | — | — |
| Total Current Assets | $16.41M | $101.20M | $61.14M | $45.66M | $42.78M | $34.51M | $30.82M |
| Net PP&E | $10.01M | $29.81M | $71.31M | $66.84M | $61.52M | $55.84M | $52.56M |
| Goodwill | $16.61M | $16.61M | $0 | — | — | — | — |
| Intangibles | $19.85M | $18.70M | $17.56M | $14.24M | $13.09M | $11.94M | $11.37M |
| Total Assets | $62.91M | $166.51M | $152.26M | $128.59M | $118.77M | $103.58M | $95.88M |
| LiabilitiesTotal Current Liabilities | $3.96M | $7.74M | $10.88M | $8.88M | $11.21M | $7.54M | $6.87M |
| Short-Term Debt | — | — | $0 | $0 | $4.04M | $0 | — |
| Long-Term Debt | $0 | $11.87M | $21.98M | $13.25M | $9.44M | $13.12M | $13.22M |
| Long-Term Leases | — | $0 | $18.11M | $15.40M | $14.88M | $13.27M | $12.23M |
| Total Liabilities | $10.51M | $23.31M | $52.38M | $38.55M | $36.38M | $34.81M | $33.28M |
| EquityCommon Stock & APIC | $0 | $0 | $0 | $0 | $1.0K | $1.0K | $1.0K |
| Retained Earnings | $2.27M | -$7.54M | -$55.01M | -$91.79M | -$118.53M | -$135.79M | -$143.51M |
| Total Equity | $16.77M | $143.20M | $99.89M | $90.04M | $82.39M | $68.78M | $62.60M |
| HighlightsNet Cash / (Debt) | — | — | $20.26M | $15.23M | -$9.78M | -$7.21M | — |
| Line item | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | TTM |
|---|---|---|---|---|---|---|---|
| ActivitiesCash from Operating | $2.50M | -$9.07M | -$27.40M | -$18.81M | -$12.39M | -$8.65M | -$6.27M |
| Cash from Investing | -$1.74M | -$17.52M | -$28.15M | -$7.74M | -$27.27M | $10.70M | $8.63M |
| Cash from Financing | -$1.60M | $110.79M | $10.27M | $12.80M | $14.89M | $151.0K | $367.0K |
| SummaryCapital Expenditure | -$5.47M | -$19.88M | -$28.15M | -$7.93M | -$1.13M | -$1.15M | -$1.08M |
| Free Cash Flow | -$2.96M | -$28.95M | -$55.55M | -$26.75M | -$13.52M | -$9.79M | -$7.35M |
| FCF Margin | -9.5% | -78.5% | -134.1% | -72.9% | -35.8% | -24.2% | -16.8% |