| Metric | Q3 FY24 | Q4 FY24 | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Trend |
|---|---|---|---|---|---|---|---|---|---|
| EarningsRevenue | $1.91M | $1.21M | $1.33M | $1.32M | $1.12M -41.5% | $1.17M -3.4% | $1.14M -14.1% | $1.12M -15.1% | Weakening |
| Operating Profit | -$9.08M | -$6.44M | -$2.19M | -$1.65M | -$7.44M +18.0% | -$1.95M +69.8% | -$1.88M +13.9% | -$1.58M +4.2% | Strengthening |
| Net Profit | -$9.21M | -$7.08M | -$2.80M | -$3.99M | -$7.90M +14.3% | -$2.78M +60.8% | -$2.49M +11.0% | -$2.48M +37.9% | Strengthening |
| EPS | $-3.92 | — | $-1.18 | $-1.66 | $-2.02 +48.5% | — | $-0.42 +64.4% | $-0.40 +75.9% | Strengthening |
| Other Income | — | — | — | — | — | — | — | — | — |
| Interest | $133.0K | $200.0K | $473.0K | $457.0K | $470.0K +253.4% | $678.0K +239.0% | $562.0K +18.8% | $640.0K +40.0% | Strengthening |
| Depreciation | — | — | — | — | — | — | — | — | — |
| Profit before Tax | -$9.22M | -$6.94M | -$2.75M | -$3.99M | -$7.96M +13.6% | -$2.79M +59.7% | -$2.48M +9.8% | -$2.46M +38.4% | Strengthening |
| MarginsOPM | -474.8% | -532.9% | -164.2% | -125.2% | -665.6% -40.2% | -166.8% +68.7% | -164.7% -0.3% | -141.4% -12.9% | Strengthening |
| Tax | 0.0% | -3.2% | -1.8% | 0.0% | -0.3% | 0.0% +100.0% | -0.5% +73.6% | -0.8% | Strengthening |
| ReturnsROIC | 9.3% | 7.2% | 2.8% | 4.0% | 8.0% -14.3% | 2.8% -60.8% | 2.5% -11.0% | 2.5% -37.9% | Weakening |
| Line item | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | TTM |
|---|---|---|---|---|---|---|---|---|---|
| AssetsCash & Equivalents | $8.84M | $4.64M | $4.96M | $4.48M | $4.61M | $3.00M | $1.25M | $1.15M | $399.0K |
| Short-Term Investments | — | — | — | — | — | — | — | — | — |
| Total Current Assets | $23.88M | $17.57M | $16.15M | $17.18M | $14.02M | $7.30M | $4.04M | $3.67M | $1.52M |
| Net PP&E | $3.20M | $12.92M | $12.04M | $8.86M | $6.84M | $5.09M | $3.93M | $3.13M | $2.71M |
| Goodwill | — | — | — | — | — | — | — | — | — |
| Intangibles | $108.99M | $111.09M | $93.53M | $98.30M | $47.66M | $41.52M | $34.76M | $31.23M | $26.95M |
| Total Assets | $138.06M | $143.19M | $123.05M | $125.78M | $88.94M | $71.66M | $53.76M | $38.95M | $32.47M |
| LiabilitiesTotal Current Liabilities | $16.12M | $9.84M | $10.32M | $10.52M | $6.56M | $6.47M | $10.39M | $7.49M | $5.54M |
| Short-Term Debt | $5.33M | $2.25M | $2.80M | $2.50M | — | $750.0K | — | $3.25M | $1.86M |
| Long-Term Debt | $11.30M | $16.57M | $13.84M | $25.53M | — | $3.97M | $6.57M | $9.46M | $10.23M |
| Long-Term Leases | $0 | $9.77M | $8.47M | $7.25M | $5.84M | $4.02M | $5.30M | $3.68M | $2.78M |
| Total Liabilities | $38.18M | $44.74M | $36.80M | $50.84M | $18.80M | $23.49M | $25.36M | $23.12M | $20.75M |
| EquityCommon Stock & APIC | $18.0K | $19.0K | $19.0K | $20.0K | $20.0K | $2.0K | $2.0K | $6.0K | $6.0K |
| Retained Earnings | -$233.0K | -$3.66M | -$16.59M | -$28.78M | -$32.80M | -$53.85M | -$76.24M | -$93.70M | -$98.67M |
| Total Equity | $99.88M | $98.10M | $85.75M | $74.28M | $70.81M | $50.03M | $30.42M | $17.96M | $13.86M |
| HighlightsNet Cash / (Debt) | -$7.79M | -$14.18M | -$11.68M | -$23.55M | — | -$1.72M | — | -$11.56M | -$11.69M |
| Line item | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | TTM |
|---|---|---|---|---|---|---|---|---|---|
| ActivitiesCash from Operating | $6.59M | $3.50M | $3.19M | -$6.56M | -$14.18M | -$6.54M | -$4.72M | -$7.02M | -$5.96M |
| Cash from Investing | -$1.48M | -$10.34M | -$702.0K | -$4.79M | $44.52M | $209.0K | -$112.0K | -$10.0K | — |
| Cash from Financing | -$6.49M | $2.27M | -$2.17M | $10.51M | -$30.95M | $4.73M | $3.82M | $7.93M | $2.26M |
| SummaryCapital Expenditure | -$1.48M | -$1.13M | -$748.0K | -$1.09M | -$265.0K | -$100.0K | -$112.0K | -$10.0K | — |
| Free Cash Flow | $5.12M | $2.37M | $2.44M | -$7.65M | -$14.45M | -$6.64M | -$4.83M | -$7.03M | — |
| FCF Margin | 14.4% | 5.7% | 8.3% | -20.2% | -56.0% | -37.4% | -58.5% | -142.4% | — |