| Metric | Q3 FY24 | Q4 FY24 | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Trend |
|---|---|---|---|---|---|---|---|---|---|
| EarningsRevenue | $2.57M | $5.63M | $7.00M | $10.53M | $8.70M +238.3% | $13.03M +131.4% | $6.78M -3.1% | $7.93M -24.7% | Strengthening |
| Operating Profit | -$891.0K | -$1.09M | $358.0K | $20.0K | -$4.92M -451.9% | -$3.92M -261.1% | -$7.52M -2199.8% | -$6.98M -34992.3% | Weakening |
| Net Profit | -$727.5K | -$882.9K | $546.5K | $181.6K | -$4.78M -557.1% | -$286.9K +67.5% | -$11.29M -2166.6% | $110.3K -39.3% | Weakening |
| EPS | $-0.01 | — | $0.00 | — | $-0.04 -300.0% | — | $-0.08 | — | Weakening |
| Other Income | $163.5K | $202.4K | $188.5K | $161.5K | $136.5K -16.5% | $3.63M +1694.6% | -$3.76M -2095.0% | $7.15M +4324.5% | Strengthening |
| Interest | — | — | — | — | — | — | — | — | — |
| Depreciation | — | — | — | — | — | — | — | — | — |
| Profit before Tax | — | — | $546.5K | $181.6K | — | — | -$11.28M -2163.7% | $166.8K -8.1% | Weakening |
| MarginsOPM | -34.6% | -19.3% | 5.1% | 0.2% | -56.5% -63.1% | -30.1% -56.0% | -110.8% -2268.5% | -88.1% -46457.9% | Weakening |
| Tax | — | — | 0.0% | 0.0% | — | — | — | 0.0% | — |
| ReturnsROIC | 1.3% | 1.6% | -1.0% | -0.3% | 8.7% +557.1% | 0.5% -67.5% | 20.5% | -0.2% +39.3% | Weakening |
| Line item | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | TTM |
|---|---|---|---|---|---|---|---|---|---|
| AssetsCash & Equivalents | $56.6K | $172.8K | $722.4K | $21.36M | $19.06M | $11.90M | $18.17M | $30.49M | $42.25M |
| Short-Term Investments | — | — | — | — | — | — | — | — | — |
| Total Current Assets | $1.90M | $1.28M | $1.81M | $23.57M | $21.62M | $14.08M | $20.68M | $54.74M | $76.63M |
| Net PP&E | $15.23M | $12.19M | $11.23M | $11.13M | $12.13M | $13.45M | $13.46M | $42.42M | $53.48M |
| Goodwill | — | — | — | — | — | — | — | — | — |
| Intangibles | — | — | — | — | — | — | — | — | — |
| Total Assets | $17.56M | $13.69M | $13.30M | $35.00M | $34.70M | $28.09M | $34.64M | $153.93M | $190.62M |
| LiabilitiesTotal Current Liabilities | $3.52M | $3.98M | $4.48M | $2.07M | $2.22M | $897.5K | $4.01M | $10.18M | $6.64M |
| Short-Term Debt | $705.5K | $56.3K | $52.1K | $13.2K | $94.2K | $28.4K | $132.3K | $136.9K | $175.9K |
| Long-Term Debt | $1.03M | $76.8K | $34.3K | $215.2K | $217.9K | $0 | $195.4K | $58.5K | $158.9K |
| Long-Term Leases | — | — | — | — | — | $0 | $129.0K | $14.0K | $9.4K |
| Total Liabilities | $6.13M | $5.23M | $6.11M | $2.63M | $2.83M | $2.57M | $6.04M | $12.97M | $9.59M |
| EquityCommon Stock & APIC | $682.3K | $696.6K | $759.5K | $1.06M | $1.06M | $1.08M | $1.13M | $1.40M | $1.51M |
| Retained Earnings | -$25.69M | -$29.36M | -$32.65M | -$32.71M | -$33.07M | -$39.42M | -$41.15M | -$45.49M | -$56.67M |
| Total Equity | $11.42M | $8.47M | $7.19M | $32.37M | $31.87M | $25.52M | $28.60M | $140.96M | $181.02M |
| HighlightsNet Cash / (Debt) | -$1.68M | $39.7K | $636.0K | $21.13M | $18.75M | $11.87M | $17.84M | $30.30M | $41.92M |
| Line item | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | TTM |
|---|---|---|---|---|---|---|---|---|---|
| ActivitiesCash from Operating | -$656.6K | -$11.4K | -$1.31M | -$2.43M | -$249.3K | -$4.75M | $2.22M | -$9.69M | -$28.05M |
| Cash from Investing | $900.9K | -$392.9K | -$243.1K | -$653.1K | -$1.79M | -$1.34M | -$42.1K | -$87.40M | -$81.14M |
| Cash from Financing | -$221.7K | $463.1K | $2.10M | $23.78M | -$267.7K | -$1.07M | $4.14M | $109.48M | $145.64M |
| SummaryCapital Expenditure | -$899.1K | -$792.9K | -$243.1K | -$648.1K | -$1.73M | -$1.53M | -$430.6K | -$27.81M | -$43.23M |
| Free Cash Flow | -$1.56M | -$804.3K | -$1.55M | -$3.08M | -$1.98M | -$6.28M | $1.79M | -$37.50M | -$71.28M |
| FCF Margin | -17.2% | -9.7% | -29.6% | -39.7% | -17.9% | -72.2% | 12.0% | -95.5% | -195.6% |