| Metric | Q3 FY24 | Q4 FY24 | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Trend |
|---|---|---|---|---|---|---|---|---|---|
| EarningsRevenue | $14.24M | $17.27M | $18.84M | $24.05M | $30.61M +115.0% | $30.03M +73.8% | $25.20M +33.7% | $25.41M +5.6% | Strengthening |
| Operating Profit | -$10.42M | -$24.09M | -$3.98M | -$1.50M | $649.0K | $333.0K | -$2.41M +39.4% | -$1.68M -11.7% | Strengthening |
| Net Profit | -$13.12M | -$26.80M | -$7.00M | -$4.43M | -$2.17M +83.5% | $11.72M | -$1.75M +75.0% | $2.17M | Strengthening |
| EPS | $-0.22 | — | $-0.11 | $-0.07 | $-0.03 +86.4% | — | $-0.02 +81.8% | $0.03 | Strengthening |
| Other Income | -$2.70M | -$2.63M | -$2.73M | -$2.77M | -$2.58M +4.3% | $11.30M | $496.0K | $660.0K | Weakening |
| Interest | $2.86M | $2.87M | $2.87M | $2.87M | $2.86M +0.0% | $2.41M -16.1% | $1.0K -100.0% | $26.0K -99.1% | Weakening |
| Depreciation | — | — | — | — | — | — | — | — | — |
| Profit before Tax | -$13.12M | -$26.71M | -$6.71M | -$4.27M | -$1.94M +85.2% | $11.64M | -$1.91M +71.5% | -$1.02M +76.1% | Strengthening |
| MarginsOPM | -73.2% | -139.4% | -21.1% | -6.3% | 2.1% | 1.1% | -9.6% +54.7% | -6.6% -5.8% | Strengthening |
| Tax | 0.0% | -0.3% | -4.4% | -3.7% | -11.9% | -0.7% -112.1% | 8.6% | 313.1% | Weakening |
| ReturnsROIC | 9.4% | 19.1% | 5.0% | 3.2% | 1.5% -83.5% | -8.4% -143.7% | 1.3% -75.0% | -1.6% -149.1% | Weakening |
| Line item | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | TTM |
|---|---|---|---|---|---|---|---|
| AssetsCash & Equivalents | $22.8K | $802.6K | $36.19M | $4.41M | $11.75M | $7.67M | $16.91M |
| Short-Term Investments | — | — | — | $26.81M | $8.16M | — | — |
| Total Current Assets | $22.8K | $991.2K | $85.09M | $104.71M | $53.41M | $58.00M | $54.59M |
| Net PP&E | — | — | $2.90M | $5.96M | $4.39M | $4.99M | $4.63M |
| Goodwill | — | — | — | $12.21M | $12.21M | $12.21M | $12.21M |
| Intangibles | — | — | $0 | $2.19M | $1.92M | $1.65M | $1.52M |
| Total Assets | $23.3K | $117.83M | $88.08M | $127.78M | $72.91M | $78.04M | $77.86M |
| LiabilitiesTotal Current Liabilities | $1.4K | — | $39.59M | $26.42M | $17.11M | $38.77M | $17.94M |
| Short-Term Debt | — | — | $10.00M | — | — | — | — |
| Long-Term Debt | — | — | $10.64M | $31.57M | $40.51M | $0 | $4.15M |
| Long-Term Leases | — | — | $762.0K | $1.39M | $961.0K | $1.82M | $1.44M |
| Total Liabilities | $1.4K | $244.8K | $56.63M | $64.95M | $64.53M | $50.41M | $33.22M |
| EquityCommon Stock & APIC | $288 | $334 | $1.0K | $6.0K | $6.0K | $7.0K | $7.0K |
| Retained Earnings | -$3.2K | -$405.7K | -$62.22M | -$75.78M | -$138.53M | -$140.41M | -$139.98M |
| Total Equity | $21.8K | -$49.90M | -$55.69M | $62.82M | $8.38M | $27.62M | $44.64M |
| HighlightsNet Cash / (Debt) | — | — | $15.55M | — | — | — | — |
| Line item | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | TTM |
|---|---|---|---|---|---|---|---|
| ActivitiesCash from Operating | -$1.7K | -$464.0K | -$16.47M | -$37.22M | -$12.35M | $10.30M | -$7.24M |
| Cash from Investing | — | -$116.72M | -$1.60M | -$30.91M | $19.76M | $22.62M | $34.51M |
| Cash from Financing | -$469 | $117.97M | $48.32M | $34.82M | -$61.0K | -$36.99M | -$20.57M |
| SummaryCapital Expenditure | — | — | -$1.15M | -$2.11M | -$1.29M | -$642.0K | -$899.0K |
| Free Cash Flow | — | — | -$17.62M | -$39.34M | -$13.64M | $9.66M | -$8.13M |
| FCF Margin | — | — | -21.7% | -27.1% | -25.3% | 9.3% | -7.3% |