| Metric | Q3 FY24 | Q4 FY24 | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Trend |
|---|---|---|---|---|---|---|---|---|---|
| EarningsRevenue | $7.35M | $8.26M | $9.17M | $11.21M | $11.57M +57.4% | $13.21M +59.8% | $8.90M -2.9% | $11.41M +1.7% | Strengthening |
| Operating Profit | -$8.74M | -$7.58M | -$7.33M | -$7.33M | -$9.01M -3.1% | -$3.27M +56.8% | -$8.41M -14.8% | -$9.81M -33.8% | Stable |
| Net Profit | -$2.40M | -$10.11M | -$10.38M | -$8.29M | -$10.81M -350.6% | -$9.75M +3.5% | $1.54M | -$9.19M -10.8% | Weakening |
| EPS | $-0.12 | — | $-0.39 | $-0.27 | $-0.96 -700.0% | — | $0.03 | $-0.16 +40.7% | Strengthening |
| Other Income | — | — | — | — | — | — | — | — | — |
| Interest | $1.14M | $1.07M | $1.21M | $1.42M | $1.46M +27.8% | $1.45M +36.0% | $1.44M +18.8% | $1.49M +4.7% | Strengthening |
| Depreciation | — | — | — | — | — | — | — | — | — |
| Profit before Tax | -$2.40M | -$10.11M | -$10.37M | -$8.29M | -$10.81M -349.9% | -$9.75M +3.5% | $1.54M | -$9.18M -10.8% | Weakening |
| MarginsOPM | -118.9% | -91.8% | -80.0% | -65.4% | -77.9% +34.5% | -24.8% +73.0% | -94.5% -18.2% | -86.0% -31.6% | Strengthening |
| Tax | 0.1% | 0.0% | -0.1% | 0.0% | -0.1% -141.7% | 0.0% -100.0% | 0.3% | -0.0% -200.0% | Weakening |
| ReturnsROIC | 0.7% | 3.0% | 3.1% | 2.5% | 3.2% +350.6% | 2.9% -3.5% | -0.5% -114.8% | 2.7% +10.8% | Weakening |
| Line item | FY21 | FY22 | FY23 | FY24 | FY25 | TTM |
|---|---|---|---|---|---|---|
| AssetsCash & Equivalents | $200.9K | $9.41M | $11.78M | $8.53M | $20.44M | $46.29M |
| Short-Term Investments | — | — | — | — | — | — |
| Total Current Assets | $525.9K | $17.21M | $20.86M | $20.67M | $32.24M | $59.74M |
| Net PP&E | — | $3.61M | $3.27M | $2.88M | $2.67M | $2.63M |
| Goodwill | — | — | — | — | — | — |
| Intangibles | — | $802.0K | $0 | — | — | — |
| Total Assets | $250.53M | $22.00M | $24.60M | $23.97M | $35.33M | $62.45M |
| LiabilitiesTotal Current Liabilities | $1.60M | $32.36M | $14.69M | $10.23M | $11.50M | $11.17M |
| Short-Term Debt | — | — | — | — | — | — |
| Long-Term Debt | — | — | $0 | $22.08M | $33.05M | $33.06M |
| Long-Term Leases | — | — | $1.16M | $1.31M | $1.19M | — |
| Total Liabilities | $17.25M | $34.32M | $51.66M | $49.87M | $69.19M | $55.90M |
| EquityCommon Stock & APIC | — | $0 | $2.0K | $3.0K | $4.0K | $5.0K |
| Retained Earnings | -$16.72M | -$186.36M | -$249.50M | -$279.55M | -$330.58M | -$338.23M |
| Total Equity | -$129.60M | -$177.13M | -$27.07M | -$25.89M | -$33.86M | $6.55M |
| HighlightsNet Cash / (Debt) | — | — | — | — | — | — |
| Line item | FY21 | FY22 | FY23 | FY24 | FY25 | TTM |
|---|---|---|---|---|---|---|
| ActivitiesCash from Operating | -$1.74M | -$32.31M | -$50.58M | -$40.84M | -$18.01M | -$22.80M |
| Cash from Investing | $60.0K | -$1.79M | -$1.59M | -$345.0K | -$838.0K | -$440.0K |
| Cash from Financing | $544.0K | $13.46M | $54.63M | $37.94M | $30.76M | $42.69M |
| SummaryCapital Expenditure | — | -$655.0K | -$588.0K | -$345.0K | -$918.0K | -$480.0K |
| Free Cash Flow | — | -$32.97M | -$51.17M | -$41.19M | -$18.93M | -$23.28M |
| FCF Margin | — | -265.9% | -276.4% | -139.9% | -41.9% | -51.6% |