| Metric | Q3 FY24 | Q4 FY24 | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Trend |
|---|---|---|---|---|---|---|---|---|---|
| EarningsRevenue | $36.37M | $39.46M | $38.02M | $44.52M | $40.84M +12.3% | $37.87M -4.0% | $46.09M +21.2% | $45.00M +1.1% | Strengthening |
| Operating Profit | -$2.96M | -$6.34M | -$6.39M | -$1.02M | -$2.87M +3.1% | -$1.51M +76.1% | -$2.37M +62.8% | -$2.89M -184.3% | Weakening |
| Net Profit | -$2.53M | — | -$5.23M | -$697.0K | -$2.69M -6.3% | -$1.31M | -$2.27M +56.6% | -$2.81M -302.6% | Weakening |
| EPS | $-0.04 | — | $-0.08 | $-0.01 | $-0.04 +0.0% | — | $-0.03 +62.5% | $-0.04 -300.0% | Weakening |
| Other Income | $118.0K | -$420.0K | $57.0K | $382.0K | — | — | — | — | — |
| Interest | — | — | — | — | — | — | — | — | — |
| Depreciation | — | — | — | — | — | — | — | — | — |
| Profit before Tax | -$2.85M | -$6.76M | -$6.33M | -$634.0K | -$2.88M -1.2% | -$1.27M +81.2% | -$2.33M +63.3% | -$2.90M -357.7% | Weakening |
| MarginsOPM | -8.2% | -16.1% | -16.8% | -2.3% | -7.0% +13.7% | -4.0% +75.1% | -5.2% +69.3% | -6.4% -181.6% | Weakening |
| Tax | 0.1% | -0.3% | -0.7% | -2.7% | 1.1% +692.9% | -2.2% -550.0% | -1.6% -144.6% | -0.4% +84.7% | Weakening |
| ReturnsROIC | 1.9% | — | 3.8% | 0.5% | 2.0% +6.3% | 1.0% | 1.7% -56.6% | 2.1% +302.6% | Strengthening |
| Line item | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | TTM |
|---|---|---|---|---|---|---|---|
| AssetsCash & Equivalents | $14.94M | $43.11M | $47.40M | $31.95M | $30.65M | $25.35M | $28.47M |
| Short-Term Investments | — | — | — | — | — | — | — |
| Total Current Assets | $44.17M | $117.08M | $88.66M | $82.69M | $61.91M | $58.22M | $58.60M |
| Net PP&E | $1.76M | $3.38M | $5.35M | $4.07M | $2.36M | $1.42M | $1.09M |
| Goodwill | — | — | — | — | — | — | — |
| Intangibles | $3.94M | $4.23M | $4.38M | $3.52M | $3.18M | $3.13M | $3.10M |
| Total Assets | $49.96M | $124.99M | $98.93M | $90.86M | $67.95M | $63.62M | $64.18M |
| LiabilitiesTotal Current Liabilities | $14.07M | $20.43M | $17.15M | $27.72M | $24.22M | $28.02M | $30.88M |
| Short-Term Debt | — | — | — | — | — | — | — |
| Long-Term Debt | — | — | — | — | — | — | — |
| Long-Term Leases | $238.0K | $1.0K | $0 | $1.37M | $726.0K | $0 | — |
| Total Liabilities | $14.31M | $20.43M | $17.15M | $29.09M | $25.01M | $28.02M | $30.88M |
| EquityCommon Stock & APIC | — | — | — | — | — | — | — |
| Retained Earnings | $0 | -$45.99M | -$79.84M | -$101.34M | -$121.34M | -$131.26M | -$136.34M |
| Total Equity | -$196.81M | $128.48M | $109.95M | $89.88M | $64.88M | $51.04M | $44.13M |
| HighlightsNet Cash / (Debt) | — | — | — | — | — | — | — |
| Line item | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | TTM |
|---|---|---|---|---|---|---|---|
| ActivitiesCash from Operating | -$3.26M | -$17.81M | -$20.78M | -$16.27M | -$1.02M | -$4.70M | $3.56M |
| Cash from Investing | -$805.0K | -$33.14M | $27.41M | $805.0K | -$283.0K | -$307.0K | -$656.0K |
| Cash from Financing | $15.76M | $79.12M | -$2.34M | $25.0K | $0 | -$289.0K | -$732.0K |
| SummaryCapital Expenditure | -$805.0K | -$3.14M | -$2.59M | — | -$283.0K | -$307.0K | -$656.0K |
| Free Cash Flow | -$4.06M | -$20.95M | -$23.37M | — | -$1.30M | -$5.01M | $2.90M |
| FCF Margin | -3.7% | -15.2% | -14.3% | — | -0.8% | -3.1% | 1.7% |