| Metric | Q3 FY24 | Q4 FY24 | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Trend |
|---|---|---|---|---|---|---|---|---|---|
| EarningsRevenue | $12.51M | $13.65M | $15.50M | $17.20M | $17.24M +37.9% | $16.63M +21.8% | $17.31M +11.7% | $19.94M +15.9% | Strengthening |
| Operating Profit | -$4.66M | -$3.38M | -$3.37M | -$2.63M | -$3.10M +33.5% | -$4.97M -47.1% | -$3.41M -1.5% | -$1.72M +34.5% | Weakening |
| Net Profit | -$5.03M | -$3.76M | -$3.75M | -$4.44M | -$7.09M -41.0% | -$4.67M -24.2% | -$3.97M -5.7% | -$3.20M +28.0% | Stable |
| EPS | $-0.28 | — | $-0.20 | $-0.21 | $-0.31 -10.7% | — | $-0.17 +15.0% | $-0.13 +38.1% | Strengthening |
| Other Income | — | — | — | — | — | — | — | — | — |
| Interest | $562.0K | $563.0K | $545.0K | $1.12M | $1.32M +134.7% | $1.33M +136.2% | $1.27M +132.5% | $1.20M +6.9% | Strengthening |
| Depreciation | — | — | — | — | — | — | — | — | — |
| Profit before Tax | — | — | — | — | — | — | — | — | — |
| MarginsOPM | -37.3% | -24.8% | -21.7% | -15.3% | -18.0% +51.8% | -29.9% -20.8% | -19.7% +9.1% | -8.6% +43.5% | Strengthening |
| Tax | — | — | — | — | — | — | — | — | — |
| ReturnsROIC | 1.6% | 1.2% | 1.2% | 1.4% | 2.2% +41.0% | 1.5% +24.2% | 1.2% +5.7% | 1.0% -28.0% | Stable |
| Line item | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | TTM |
|---|---|---|---|---|---|---|---|---|---|
| AssetsCash & Equivalents | $13.16M | $72.08M | $57.45M | $99.44M | $62.39M | $36.49M | $22.04M | $32.22M | $24.59M |
| Short-Term Investments | — | — | — | — | — | — | — | — | — |
| Total Current Assets | $21.31M | $81.25M | $70.52M | $112.73M | $72.61M | $47.84M | $36.45M | $48.89M | $42.86M |
| Net PP&E | $1.57M | $1.38M | $2.10M | $4.77M | $13.08M | $8.49M | $7.68M | $8.37M | $8.52M |
| Goodwill | $5.51M | $5.51M | $5.51M | $5.51M | $0 | — | — | — | — |
| Intangibles | — | — | — | — | — | — | — | — | — |
| Total Assets | $28.89M | $88.31M | $78.38M | $123.44M | $86.22M | $56.94M | $44.69M | $58.02M | $51.94M |
| LiabilitiesTotal Current Liabilities | $8.95M | $5.89M | $8.77M | $9.32M | $9.62M | $11.90M | $13.51M | $14.16M | $13.46M |
| Short-Term Debt | — | — | — | $0 | $190.0K | $264.0K | $423.0K | $643.0K | $517.0K |
| Long-Term Debt | $24.62M | $25.85M | $26.66M | $27.48M | $28.78M | $19.23M | $19.82M | $22.26M | $22.32M |
| Long-Term Leases | — | — | — | $0 | $4.49M | $2.76M | $1.66M | $438.0K | $1.13M |
| Total Liabilities | $35.62M | $32.65M | $36.54M | $38.51M | $43.76M | $34.25M | $35.15M | $40.57M | $39.72M |
| EquityCommon Stock & APIC | $0 | $13.0K | $13.0K | $16.0K | $17.0K | $17.0K | $18.0K | $23.0K | $24.0K |
| Retained Earnings | -$152.56M | -$164.60M | -$181.29M | -$208.14M | -$255.53M | -$279.22M | -$294.33M | -$314.28M | -$321.44M |
| Total Equity | -$111.97M | $55.66M | $41.84M | $84.94M | $42.46M | $22.69M | $9.54M | $17.45M | $12.22M |
| HighlightsNet Cash / (Debt) | — | — | — | $71.96M | $33.42M | $17.00M | $1.79M | $9.31M | $1.75M |
| Line item | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | TTM |
|---|---|---|---|---|---|---|---|---|---|
| ActivitiesCash from Operating | -$9.30M | -$9.71M | -$14.08M | -$20.27M | -$32.14M | -$14.46M | -$13.28M | -$13.63M | -$6.50M |
| Cash from Investing | -$199.0K | -$103.0K | -$455.0K | -$2.42M | -$4.32M | -$804.0K | -$515.0K | -$626.0K | -$1.08M |
| Cash from Financing | $11.42M | $68.73M | -$97.0K | $64.68M | -$489.0K | -$10.63M | -$663.0K | $24.43M | $2.13M |
| SummaryCapital Expenditure | -$199.0K | -$403.0K | -$455.0K | -$2.37M | -$4.32M | -$828.0K | -$515.0K | -$641.0K | -$1.09M |
| Free Cash Flow | -$9.50M | -$10.11M | -$14.54M | -$22.64M | -$36.46M | -$15.29M | -$13.79M | -$14.27M | -$7.59M |
| FCF Margin | -29.3% | -25.0% | -34.6% | -46.9% | -80.0% | -29.1% | -24.8% | -21.4% | -10.7% |