| Metric | Q3 FY24 | Q4 FY24 | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Trend |
|---|---|---|---|---|---|---|---|---|---|
| EarningsRevenue | $4.56M | $5.11M | $4.75M | $4.61M | $4.72M +3.6% | $5.02M -1.9% | $5.64M +18.8% | $5.55M +20.6% | Strengthening |
| Operating Profit | -$316.6K | -$86.3K | -$485.8K | -$904.7K | -$685.8K -116.6% | -$286.3K -231.8% | -$800.8K -64.8% | -$1.13M -25.0% | Weakening |
| Net Profit | -$152.8K | $15.1K | -$480.8K | -$895.3K | -$680.0K -345.0% | -$283.1K -1975.7% | -$798.0K -66.0% | -$1.13M -25.9% | Weakening |
| EPS | — | $1.73 | $-1.90 | $-0.21 | — | $-0.04 -102.3% | $-0.08 +95.8% | $-0.11 +47.6% | Strengthening |
| Other Income | — | — | — | — | — | — | — | — | — |
| Interest | — | — | — | — | — | — | — | — | — |
| Depreciation | — | — | — | — | — | — | — | — | — |
| Profit before Tax | -$152.8K | $15.1K | -$480.8K | -$895.3K | -$680.0K -345.0% | -$283.1K -1975.7% | -$798.0K -66.0% | -$1.13M -25.9% | Weakening |
| MarginsOPM | -7.0% | -1.7% | -10.2% | -19.6% | -14.5% -109.1% | -5.7% -237.9% | -14.2% -38.8% | -20.4% -3.7% | Weakening |
| Tax | — | — | — | — | — | — | — | — | — |
| ReturnsROIC | 0.1% | -0.0% | 0.3% | 0.5% | 0.4% +345.0% | 0.2% | 0.4% +66.0% | 0.6% +25.9% | Strengthening |
| Line item | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | TTM |
|---|---|---|---|---|---|---|---|---|---|
| AssetsCash & Equivalents | $4.28M | $4.69M | $14.82M | $26.41M | $6.72M | $1.80M | $2.45M | $2.26M | $2.12M |
| Short-Term Investments | $1.05M | $198.5K | $26.5K | $33.4K | $0 | — | — | — | — |
| Total Current Assets | $11.79M | $15.74M | $23.71M | $36.50M | $16.01M | $8.07M | $6.39M | $6.55M | $7.70M |
| Net PP&E | $53.5K | $1.72M | $10.03M | $8.18M | $5.30M | $4.07M | $540.1K | $981.3K | $2.52M |
| Goodwill | $0 | $54.67M | $54.67M | $56.67M | $0 | $0 | — | $0 | $190.0K |
| Intangibles | $3.17M | $21.64M | $21.64M | $23.00M | $17.83M | $3.22M | $2.89M | $2.12M | $1.98M |
| Total Assets | $15.02M | $94.52M | $110.84M | $124.88M | $40.79M | $16.20M | $10.58M | $10.42M | $13.15M |
| LiabilitiesTotal Current Liabilities | $970.0K | $3.71M | $7.69M | $6.92M | $5.29M | $4.67M | $8.62M | $3.19M | $3.08M |
| Short-Term Debt | — | — | — | — | — | — | — | — | — |
| Long-Term Debt | — | — | $264.4K | $109.0K | $125.5K | $9 | — | — | — |
| Long-Term Leases | — | $0 | $6.01M | $4.86M | $3.68M | $2.40M | $0 | $0 | $1.85M |
| Total Liabilities | $998.5K | $56.91M | $31.66M | $21.74M | $9.37M | $7.16M | $8.62M | $3.19M | $4.93M |
| EquityCommon Stock & APIC | $8.1K | $27.7K | $52.1K | $57.8K | $1.3K | $3.0K | $492 | $8.9K | $11.1K |
| Retained Earnings | -$6.67M | -$59.61M | -$47.39M | -$73.34M | -$147.42M | -$174.36M | -$182.07M | -$179.44M | -$181.83M |
| Total Equity | $14.02M | $37.60M | $79.18M | $103.14M | $31.42M | $9.03M | $1.96M | $7.23M | $8.21M |
| HighlightsNet Cash / (Debt) | — | — | — | — | — | — | — | — | — |
| Line item | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | TTM |
|---|---|---|---|---|---|---|---|---|---|
| ActivitiesCash from Operating | -$5.57M | -$15.38M | -$10.66M | -$14.09M | -$14.97M | -$4.30M | -$352.8K | -$1.45M | -$2.22M |
| Cash from Investing | -$683.6K | -$2.13M | -$1.57M | -$2.55M | -$688.7K | $702.5K | -$290.0K | -$184.2K | -$135.0K |
| Cash from Financing | $10.25M | $17.92M | $22.37M | $28.23M | -$4.04M | -$1.32M | $1.30M | $1.45M | $3.41M |
| SummaryCapital Expenditure | -$23.6K | -$1.20M | -$1.32M | -$342.0K | -$688.7K | -$297.5K | -$190.0K | -$184.2K | -$191.4K |
| Free Cash Flow | -$5.60M | -$16.58M | -$11.98M | -$14.44M | -$15.66M | -$4.60M | -$542.8K | -$1.64M | -$2.41M |
| FCF Margin | -1219.1% | -70.1% | -28.6% | -32.5% | -44.2% | -19.0% | -2.8% | -8.5% | -11.5% |