| Metric | Q3 FY24 | Q4 FY24 | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Trend |
|---|---|---|---|---|---|---|---|---|---|
| EarningsRevenue | $0 | $0 | $27.0K | $0 | $1.0K | $0 | $0 -100.0% | $0 | Weakening |
| Operating Profit | -$3.75M | — | -$2.92M | -$3.69M | -$3.42M +8.7% | -$3.45M | -$3.95M -35.4% | -$3.92M -6.3% | Weakening |
| Net Profit | -$3.35M | -$1.87M | -$2.59M | -$3.49M | -$4.44M -32.3% | -$3.77M -101.7% | -$2.56M +1.4% | -$4.31M -23.6% | Weakening |
| EPS | $-0.13 | — | $-0.10 | $-0.10 | $-0.11 +15.4% | — | $-0.04 +60.0% | $-0.06 +40.0% | Strengthening |
| Other Income | $396.0K | $1.13M | $250.0K | $204.0K | -$1.01M -356.1% | -$319.0K -128.3% | $1.39M +456.8% | -$388.0K -290.2% | Strengthening |
| Interest | $0 | $0 | — | — | — | — | — | — | — |
| Depreciation | — | — | — | — | — | — | — | — | — |
| Profit before Tax | -$3.35M | — | — | — | — | — | — | — | — |
| MarginsOPM | — | — | -10800.0% | — | -342200.0% | — | — | — | — |
| Tax | 0.0% | — | — | — | — | — | — | — | — |
| ReturnsROIC | 0.7% | 0.4% | 0.5% | 0.7% | 0.9% +32.3% | 0.8% +101.7% | 0.5% -1.4% | 0.9% +23.6% | Strengthening |
| Line item | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | TTM |
|---|---|---|---|---|---|---|---|---|---|
| AssetsCash & Equivalents | $87.97M | $14.68M | $22.27M | $7.66M | $15.28M | $5.72M | $8.86M | $5.89M | $742.0K |
| Short-Term Investments | — | — | — | — | — | — | — | — | — |
| Total Current Assets | $107.99M | $71.69M | $46.83M | $50.49M | $24.57M | $11.58M | $9.42M | $20.90M | $17.99M |
| Net PP&E | $11.48M | $18.48M | $18.81M | $20.23M | $10.36M | — | — | — | — |
| Goodwill | — | — | — | — | — | — | — | — | — |
| Intangibles | — | — | — | $0 | $8.82M | $8.82M | $8.82M | $8.82M | $8.82M |
| Total Assets | $120.53M | $91.36M | $66.30M | $77.89M | $47.49M | $20.39M | $18.24M | $29.72M | $26.81M |
| LiabilitiesTotal Current Liabilities | $15.93M | $13.61M | $17.64M | $18.51M | $13.77M | $4.51M | $2.65M | $3.81M | $4.19M |
| Short-Term Debt | $8.61M | $4.63M | $8.73M | $8.80M | $5.36M | $0 | — | — | — |
| Long-Term Debt | $3.38M | $20.52M | $13.14M | $5.01M | $0 | — | — | — | — |
| Long-Term Leases | — | $3.64M | $2.61M | $3.75M | $2.96M | — | — | — | — |
| Total Liabilities | $116.28M | $132.77M | $122.05M | $113.79M | $25.67M | $6.29M | $10.23M | $12.68M | $12.40M |
| EquityCommon Stock & APIC | $78.0K | $79.0K | $98.0K | $7.0K | $8.0K | $17.0K | $17.0K | $49.0K | $52.0K |
| Retained Earnings | -$345.02M | -$398.11M | -$438.49M | -$473.58M | -$425.83M | -$444.23M | -$457.23M | -$471.52M | -$478.39M |
| Total Equity | $4.25M | -$41.42M | -$55.75M | -$35.89M | $21.81M | $14.11M | $8.00M | $17.04M | $14.41M |
| HighlightsNet Cash / (Debt) | $75.98M | -$10.46M | $399.0K | -$6.14M | $9.91M | — | — | — | — |
| Line item | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | TTM |
|---|---|---|---|---|---|---|---|---|---|
| ActivitiesCash from Operating | -$29.07M | -$51.18M | -$38.51M | -$30.00M | -$28.33M | -$17.49M | -$12.68M | -$11.36M | -$12.27M |
| Cash from Investing | -$10.88M | -$36.56M | $34.14M | -$26.12M | $36.45M | -$528.0K | $3.78M | -$14.35M | -$15.96M |
| Cash from Financing | $75.03M | $14.45M | $16.96M | $41.51M | -$507.0K | $3.47M | $12.04M | $22.74M | $22.18M |
| SummaryCapital Expenditure | -$819.0K | -$3.47M | -$1.85M | -$1.83M | -$364.0K | -$100.0K | $0 | — | — |
| Free Cash Flow | -$29.89M | -$54.65M | -$40.36M | -$31.83M | -$28.70M | -$17.59M | -$12.68M | — | — |
| FCF Margin | -1389.8% | -2387.5% | -745.2% | -1129.5% | — | -2702.3% | — | — | — |