| Metric | Q1 FY24 | Q2 FY24 | Q3 FY24 | Q4 FY24 | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Trend |
|---|---|---|---|---|---|---|---|---|---|
| EarningsRevenue | $11.56M | $13.60M | $16.04M | $16.66M | $16.83M +45.6% | $17.06M +25.5% | $17.34M +8.1% | $19.40M +16.4% | Strengthening |
| Operating Profit | -$11.29M | -$9.41M | -$12.23M | -$8.41M | -$9.46M +16.2% | -$7.39M +21.5% | -$8.04M +34.3% | -$9.17M -9.1% | Strengthening |
| Net Profit | -$10.04M | -$8.87M | -$10.36M | -$7.32M | -$8.31M +17.3% | -$7.18M +19.0% | -$7.32M +29.3% | -$8.77M -19.9% | Strengthening |
| EPS | $-0.10 | $-0.08 | $-0.10 | — | $-0.08 +20.0% | $-0.07 +12.5% | $-0.07 +30.0% | — | Strengthening |
| Other Income | $1.23M | $540.0K | $1.89M | $1.14M | $1.24M +0.3% | $225.0K -58.3% | $726.0K -61.5% | $431.0K -62.1% | Weakening |
| Interest | — | — | — | — | — | — | — | — | — |
| Depreciation | — | — | — | — | — | — | — | — | — |
| Profit before Tax | -$10.03M | -$8.86M | -$10.35M | -$7.28M | -$8.22M +18.1% | -$7.16M +19.1% | -$7.31M +29.3% | -$8.74M -20.2% | Strengthening |
| MarginsOPM | -97.7% | -69.2% | -76.3% | -50.5% | -56.2% +42.5% | -43.3% +37.4% | -46.4% +39.2% | -47.3% +6.3% | Strengthening |
| Tax | -0.2% | -0.2% | -0.1% | -0.6% | -1.1% -564.7% | -0.3% -20.8% | -0.2% -35.7% | -0.3% +43.3% | Weakening |
| ReturnsROIC | 4.1% | 3.6% | 4.2% | 3.0% | 3.4% -17.3% | 2.9% -19.0% | 3.0% -29.3% | 3.6% +19.9% | Weakening |
| Line item | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|
| AssetsCash & Equivalents | $15.56M | $26.32M | $56.79M | $20.02M | $17.26M | $35.42M | $27.86M |
| Short-Term Investments | — | — | — | — | — | — | — |
| Total Current Assets | — | $76.38M | $199.03M | $188.51M | $174.69M | $153.90M | $118.66M |
| Net PP&E | $2.58M | $2.35M | $2.74M | $6.61M | $5.16M | $11.01M | $9.80M |
| Goodwill | — | — | — | — | — | $1.85M | $1.85M |
| Intangibles | — | — | — | — | — | $4.70M | $3.76M |
| Total Assets | — | $79.17M | $202.60M | $195.66M | $180.56M | $172.15M | $134.70M |
| LiabilitiesTotal Current Liabilities | — | $11.16M | $15.70M | $24.79M | $15.93M | $20.33M | $22.93M |
| Short-Term Debt | — | — | — | — | — | — | — |
| Long-Term Debt | — | — | — | — | — | — | — |
| Long-Term Leases | — | — | $0 | $1.62M | $190.0K | $6.64M | $6.72M |
| Total Liabilities | — | $11.78M | $20.40M | $28.22M | $16.25M | $29.46M | $29.72M |
| EquityCommon Stock & APIC | — | $40.0K | $49.0K | $49.0K | $49.0K | $49.0K | $49.0K |
| Retained Earnings | — | -$103.47M | -$130.01M | -$157.68M | -$177.34M | -$213.92M | -$245.50M |
| Total Equity | -$68.32M | -$82.22M | $182.20M | $167.44M | $164.30M | $142.69M | $104.98M |
| HighlightsNet Cash / (Debt) | — | — | — | — | — | — | — |
| Line item | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|
| ActivitiesCash from Operating | -$21.62M | -$19.61M | -$21.61M | -$22.09M | -$6.36M | $1.02M | -$12.72M |
| Cash from Investing | $10.57M | $28.31M | -$84.16M | -$11.73M | $1.35M | $17.78M | $28.03M |
| Cash from Financing | $132.0K | $406.0K | $135.43M | $822.0K | $1.50M | -$155.0K | -$23.09M |
| SummaryCapital Expenditure | -$1.43M | -$861.0K | -$1.44M | -$1.11M | -$1.19M | -$1.87M | -$1.07M |
| Free Cash Flow | -$23.05M | -$20.47M | -$23.05M | -$23.20M | -$7.54M | -$848.0K | -$13.79M |
| FCF Margin | -38.4% | -36.0% | -32.6% | -25.6% | -9.0% | -1.5% | -19.5% |