| Metric | Q3 FY24 | Q4 FY24 | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Trend |
|---|---|---|---|---|---|---|---|---|---|
| EarningsRevenue | $5.95M | $4.02M | $5.96M | $4.08M | $4.01M -32.5% | $3.54M -12.0% | $4.11M -31.1% | $2.86M -29.9% | Weakening |
| Operating Profit | -$3.38M | -$4.09M | -$2.57M | -$2.98M | -$3.21M +4.9% | -$2.80M +31.5% | -$3.04M -18.2% | -$3.29M -10.4% | Stable |
| Net Profit | -$3.76M | -$4.56M | -$4.33M | -$3.41M | $5.49M | -$2.81M +38.4% | -$3.26M +24.7% | -$3.35M +1.8% | Strengthening |
| EPS | $-0.55 | — | $-838.43 | $-3390.05 | $1.55 | — | $-18.08 +97.8% | $-104.00 +96.9% | Strengthening |
| Other Income | -$208.0K | -$150.0K | -$704.0K | -$349.0K | -$551.0K -164.9% | $25.0K | $20.0K | $26.0K | Strengthening |
| Interest | $311.0K | $266.0K | $558.0K | $351.0K | $534.0K +71.7% | $12.0K -95.5% | $11.0K -98.0% | $17.0K -95.2% | Weakening |
| Depreciation | — | — | — | — | — | — | — | — | — |
| Profit before Tax | -$3.58M | -$4.24M | -$3.27M | -$3.33M | -$3.76M -5.0% | -$2.78M +34.5% | -$3.02M +7.8% | -$3.27M +2.0% | Strengthening |
| MarginsOPM | -56.8% | -101.8% | -43.1% | -73.0% | -80.1% -41.0% | -79.3% +22.1% | -74.0% -71.6% | -114.9% -57.4% | Weakening |
| Tax | — | — | — | 1.0% | — | — | — | — | — |
| ReturnsROIC | 0.9% | 1.1% | 1.1% | 0.8% | -1.4% -246.1% | 0.7% -38.4% | 0.8% -24.7% | 0.8% -1.8% | Weakening |
| Line item | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | TTM |
|---|---|---|---|---|---|---|---|---|---|
| AssetsCash & Equivalents | $604.9K | $485.0K | $1.03M | $1.34M | $3.02M | $2.06M | $4.42M | $7.15M | $6.06M |
| Short-Term Investments | — | — | — | — | — | — | — | — | — |
| Total Current Assets | $61.20M | $42.74M | $28.34M | $54.38M | $44.60M | $16.28M | $11.52M | $17.63M | $16.82M |
| Net PP&E | $3.26M | $4.32M | $2.73M | $7.56M | $4.63M | $5.29M | $4.41M | $3.17M | $3.24M |
| Goodwill | — | — | — | $0 | $33.16M | $0 | — | — | — |
| Intangibles | $9.75M | $8.49M | $8.21M | $7.92M | $7.21M | $5.92M | $5.72M | $6.22M | $6.06M |
| Total Assets | $77.30M | $68.95M | $51.69M | $75.95M | $114.65M | $27.50M | $21.67M | $27.02M | $26.17M |
| LiabilitiesTotal Current Liabilities | $5.17M | $5.78M | $7.34M | $8.43M | $13.02M | $25.03M | $9.96M | $7.27M | $6.45M |
| Short-Term Debt | — | — | — | — | — | $5.85M | $1.50M | — | — |
| Long-Term Debt | — | — | — | — | $3.91M | $8.06M | $5.17M | $708.0K | — |
| Long-Term Leases | $0 | $382.0K | $0 | $1.43M | $711.0K | $1.70M | $1.44M | $601.0K | $511.0K |
| Total Liabilities | $6.02M | $6.90M | $7.58M | $9.88M | $18.68M | $35.91M | $17.66M | $8.53M | $7.53M |
| EquityCommon Stock & APIC | $1.2K | $1.0K | $1.0K | $2.0K | $2.0K | — | — | — | — |
| Retained Earnings | -$99.13M | -$125.69M | -$145.40M | -$178.01M | -$237.81M | -$378.71M | -$393.87M | -$398.93M | -$405.53M |
| Total Equity | $71.28M | $62.05M | $44.11M | $66.07M | $95.97M | -$8.41M | $4.01M | $15.76M | $18.64M |
| HighlightsNet Cash / (Debt) | — | — | — | — | — | -$11.85M | -$2.24M | — | — |
| Line item | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | TTM |
|---|---|---|---|---|---|---|---|---|---|
| ActivitiesCash from Operating | -$17.84M | -$14.59M | -$15.62M | -$22.84M | -$51.71M | -$54.99M | -$14.35M | -$7.72M | -$8.36M |
| Cash from Investing | $15.14M | $4.55M | $16.47M | -$27.73M | $22.58M | $16.82M | -$139.0K | -$505.0K | -$1.53M |
| Cash from Financing | -$355.0K | $9.92M | -$304.0K | $50.88M | $30.82M | $37.21M | $16.85M | $10.96M | $12.87M |
| SummaryCapital Expenditure | — | -$527.0K | -$54.0K | -$745.0K | -$3.66M | -$4.66M | -$141.0K | -$61.0K | -$393.0K |
| Free Cash Flow | — | -$15.12M | -$15.68M | -$23.58M | -$55.37M | -$59.64M | -$14.49M | -$7.78M | -$8.75M |
| FCF Margin | — | -58.5% | -55.8% | -76.2% | -136.7% | -185.2% | -59.4% | -44.3% | -60.3% |