| Metric | Q3 FY24 | Q4 FY24 | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Trend |
|---|---|---|---|---|---|---|---|---|---|
| EarningsRevenue | $230.0K | $428.0K | $343.0K | $975.0K | $1.27M +453.0% | $3.04M +610.3% | $3.08M +798.5% | $3.09M +216.8% | Strengthening |
| Operating Profit | -$3.58M | -$3.51M | -$3.61M | -$2.78M | -$2.19M +38.8% | -$1.43M +59.2% | -$1.85M +48.9% | -$3.19M -14.9% | Strengthening |
| Net Profit | -$3.41M | -$4.13M | -$3.37M | -$2.79M | -$2.11M +38.1% | -$1.33M +67.9% | -$1.66M +50.8% | -$2.91M -4.4% | Strengthening |
| EPS | $-14.98 | — | $-3.55 | $-2.35 | $-1.31 +91.3% | — | $-0.43 +87.9% | $-0.53 +77.4% | Strengthening |
| Other Income | $169.0K | -$616.0K | $245.0K | -$8.0K | $78.0K -53.8% | $107.0K | $190.0K -22.4% | $282.0K | Weakening |
| Interest | — | — | — | — | — | — | — | — | — |
| Depreciation | — | — | — | — | — | — | — | — | — |
| Profit before Tax | — | — | — | — | — | — | — | — | — |
| MarginsOPM | -1557.0% | -820.8% | -1052.8% | -285.1% | -172.3% +88.9% | -47.1% +94.3% | -59.9% +94.3% | -103.4% +63.7% | Strengthening |
| Tax | — | — | — | — | — | — | — | — | — |
| ReturnsROIC | 0.8% | 1.0% | 0.8% | 0.7% | 0.5% -38.1% | 0.3% -67.9% | 0.4% -50.8% | 0.7% +4.4% | Weakening |
| Line item | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | TTM |
|---|---|---|---|---|---|---|---|---|---|
| AssetsCash & Equivalents | $20.11M | $21.68M | $50.73M | $49.07M | $26.29M | $13.88M | $1.35M | $10.40M | $31.19M |
| Short-Term Investments | — | — | — | — | — | — | — | — | — |
| Total Current Assets | $20.79M | $22.20M | $51.44M | $50.23M | $27.36M | $15.01M | $2.91M | $15.32M | $43.85M |
| Net PP&E | $1.22M | $2.68M | $1.70M | $1.13M | $2.39M | $1.67M | $883.0K | $1.17M | $1.17M |
| Goodwill | — | — | — | — | — | — | — | — | — |
| Intangibles | — | — | — | — | — | — | — | — | — |
| Total Assets | $22.01M | $24.88M | $53.14M | $51.37M | $29.75M | $16.68M | $3.79M | $16.74M | $45.38M |
| LiabilitiesTotal Current Liabilities | $3.64M | $4.47M | $3.51M | $4.35M | $3.84M | $4.62M | $4.87M | $3.65M | $4.99M |
| Short-Term Debt | — | — | — | — | — | — | $818.0K | $88.0K | $307.0K |
| Long-Term Debt | — | — | — | — | — | — | — | — | — |
| Long-Term Leases | — | $1.40M | $576.8K | $40.4K | $1.26M | $557.0K | — | $589.0K | $300.0K |
| Total Liabilities | $3.64M | $5.87M | $4.09M | $4.39M | $5.11M | $5.18M | $4.87M | $4.24M | $5.29M |
| EquityCommon Stock & APIC | $265 | $333 | $614 | $767 | $789 | $1.0K | $1.0K | $1.0K | $1.0K |
| Retained Earnings | -$224.74M | -$263.14M | -$294.97M | -$336.40M | -$362.68M | -$382.04M | -$400.44M | -$410.03M | -$414.60M |
| Total Equity | $18.37M | $19.01M | $49.05M | $46.98M | $24.64M | $11.50M | -$1.08M | $12.50M | $40.09M |
| HighlightsNet Cash / (Debt) | — | — | — | — | — | — | — | — | — |
| Line item | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | TTM |
|---|---|---|---|---|---|---|---|---|---|
| ActivitiesCash from Operating | -$32.53M | -$26.62M | -$24.79M | -$28.72M | -$23.64M | -$19.25M | -$17.57M | -$12.42M | -$15.73M |
| Cash from Investing | -$859.8K | -$196.2K | -$136.6K | -$365.7K | -$165.0K | -$187.0K | -$123.0K | -$82.0K | -$318.0K |
| Cash from Financing | $40.70M | $28.39M | $53.97M | $27.43M | $1.02M | $7.08M | $5.11M | $21.55M | $38.58M |
| SummaryCapital Expenditure | -$859.8K | -$196.2K | -$136.6K | -$365.7K | -$165.0K | -$187.0K | -$123.0K | -$82.0K | -$318.0K |
| Free Cash Flow | -$33.39M | -$26.82M | -$24.93M | -$29.09M | -$23.80M | -$19.44M | -$17.70M | -$12.50M | -$16.05M |
| FCF Margin | -6485.1% | -13399.1% | -7615.1% | -3843.3% | -2795.9% | -4100.4% | -2304.2% | -222.1% | -153.1% |