$4.46M
Revenue
$-4.03M
Net Income
5.61%
Gross Margin
-118.10%
Op. Margin
$-5.37M
Free Cash Flow
| Breakdown | Q2 2026 (Nov 30, 2025) |
Q1 2026 (Aug 31, 2025) |
Q4 2025 (May 31, 2025) |
Q3 2025 (Feb 28, 2025) |
Q2 2025 (Nov 30, 2024) |
Q1 2025 (Aug 31, 2024) |
Q4 2024 (May 31, 2024) |
Q3 2024 (Feb 29, 2024) |
Q2 2024 (Nov 30, 2023) |
Q1 2024 (Aug 31, 2023) |
Q4 2023 (May 31, 2023) |
Q3 2023 (Feb 28, 2023) |
Q2 2023 (Nov 30, 2022) |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $1.21M | $1.38M | $749.00K | $1.12M | $1.64M | $1.81M | $1.12M | $1.02M | $1.57M | $1.71M | $1.11M | $1.11M | $1.48M |
| Revenue Growth % (YoY) | -26.0% | -23.6% | -32.9% | 10.0% | 4.4% | 5.5% | 0.7% | -8.5% | 5.7% | nan% | nan% | nan% | nan% |
| Cost of Revenue | $1.16M | $956.00K | $993.00K | $1.10M | $1.20M | $1.52M | $1.10M | $1.17M | $1.24M | $1.30M | $1.08M | $991.17K | $1.13M |
| Gross Profit | $51.00K | $424.00K | $-244.00K | $19.00K | $437.00K | $289.00K | $20.00K | $-149.00K | $325.00K | $412.00K | $29.00K | $120.27K | $351.88K |
| Gross Margin % | 4.2% | 30.7% | -32.6% | 1.7% | 26.7% | 16.0% | 1.8% | -14.7% | 20.7% | 24.1% | 2.6% | 10.8% | 23.7% |
| Operating Expenses | $1.42M | $1.54M | $1.32M | $1.23M | $1.43M | $1.66M | $1.55M | $1.85M | $1.93M | $1.64M | $1.86M | $1.77M | $2.02M |
| Research & Development | $193.00K | $212.00K | $252.00K | $217.00K | $257.00K | $297.00K | $265.00K | $343.00K | $412.00K | $472.00K | $369.00K | $392.03K | $461.94K |
| Selling General & Admin | $1.23M | $1.33M | $1.07M | $1.01M | $1.17M | $1.36M | $1.28M | $1.51M | $1.52M | $1.17M | $1.50M | $1.38M | $1.56M |
| Operating Income | $-1.37M | $-1.12M | $-1.56M | $-1.21M | $-993.00K | $-1.37M | $-1.53M | $-2.00M | $-1.61M | $-1.23M | $-1.84M | $-1.65M | $-1.67M |
| Operating Margin % | -113.5% | -81.0% | -208.8% | -108.1% | -60.7% | -75.7% | -136.9% | -196.7% | -102.6% | -71.9% | -165.7% | -148.6% | -112.4% |
| Other Income/Expense | $58.00K | $1.12M | $25.00K | $43.00K | $40.00K | $56.00K | $114.00K | $86.00K | $109.00K | $123.00K | $57.00K | - | - |
| Income Before Tax | $-1.31M | $5.00K | $-1.54M | $-1.17M | $-953.00K | $-1.31M | $-1.41M | $-1.91M | $-1.50M | $-1.11M | $-1.78M | $-1.62M | $-1.62M |
| Income Tax Expense | $5.00K | $3.00K | $5.00K | $-4.00K | $-3.00K | $4.00K | $7.00K | $4.00K | $8.00K | $23.00K | $13.00K | $34.77K | $1.25K |
| Net Income | $-1.32M | $2.00K | $-1.54M | $-1.16M | $-950.00K | $-1.32M | $-1.42M | $-1.92M | $-1.51M | $-1.13M | $-1.79M | $-1.65M | $-1.63M |
| Net Margin % | -109.1% | 0.1% | -206.1% | -103.9% | -58.1% | -72.8% | -127.3% | -188.6% | -96.2% | -66.1% | -161.7% | -148.4% | -109.7% |
| Basic EPS | -0.45 | 0.00 | -1.98 | -0.06 | -0.06 | -0.08 | -0.09 | -0.11 | -0.09 | -0.07 | -0.10 | -0.12 | -0.12 |
| Diluted EPS | -0.45 | 0.00 | -1.98 | -0.06 | -0.06 | -0.08 | -0.09 | -0.11 | -0.09 | -0.07 | -0.10 | -0.12 | -0.12 |
| Basic Shares Outstanding | 2.9M | 2.6M | -16.3M | 19.2M | 17.1M | 16.8M | - | 16.8M | 16.8M | 16.8M | 813K | 13.5M | 13.5M |
| Diluted Shares Outstanding | 2.9M | 2.6M | -16.3M | 19.2M | 17.1M | 16.8M | - | 16.8M | 16.8M | 16.8M | 813K | 13.5M | 13.5M |
| Breakdown | Q2 2026 (Nov 30, 2025) |
Q1 2026 (Aug 31, 2025) |
Q4 2025 (May 31, 2025) |
Q3 2025 (Feb 28, 2025) |
Q2 2025 (Nov 30, 2024) |
Q1 2025 (Aug 31, 2024) |
Q4 2024 (May 31, 2024) |
Q3 2024 (Feb 29, 2024) |
Q2 2024 (Nov 30, 2023) |
Q1 2024 (Aug 31, 2023) |
Q4 2023 (May 31, 2023) |
Q3 2023 (Feb 28, 2023) |
Q2 2023 (Nov 30, 2022) |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Cash Equivalents | $2.54M | $3.05M | $2.40M | $3.06M | $2.37M | $2.82M | $4.17M | $5.32M | $7.13M | $7.99M | $9.72M | $3.35M | $5.07M |
| Accounts Receivable | $947.00K | $1.21M | $731.00K | $1.27M | $1.33M | $1.55M | $947.00K | $1.13M | $1.07M | $1.43M | $722.00K | $754.56K | $850.01K |
| Inventory | $1.52M | $1.47M | $1.49M | $1.66M | $1.79M | $1.94M | $2.38M | $2.13M | $1.84M | $1.88M | $2.06M | $2.06M | $2.06M |
| Other Current Assets | $177.00K | $168.00K | $255.00K | $223.00K | $458.00K | $132.00K | $238.00K | $268.00K | $223.00K | $279.00K | $300.00K | $318.45K | $120.72K |
| Total Current Assets | $5.19M | $5.90M | $4.88M | $6.20M | $5.95M | $6.45M | $7.73M | $8.85M | $10.27M | $11.57M | $12.80M | $6.48M | $8.10M |
| Property Plant & Equipment | $105.00K | $120.00K | $135.00K | $151.00K | $167.00K | $184.00K | $201.00K | $194.00K | $210.00K | $218.00K | $213.00K | $227.59K | $236.72K |
| Intangible Assets | $219.00K | $223.00K | $228.00K | $234.00K | $236.00K | $207.00K | $212.00K | $216.00K | $204.00K | $202.00K | $165.00K | $154.64K | $157.69K |
| Other Non-current Assets | $90.00K | $100.00K | $113.00K | $113.00K | $173.00K | $203.00K | $203.00K | $104.00K | $96.00K | $96.00K | $79.00K | $78.60K | $79.65K |
| Total Assets | $6.03M | $6.85M | $5.95M | $7.38M | $7.27M | $7.87M | $9.25M | $10.34M | $11.83M | $13.22M | $14.45M | $8.21M | $9.91M |
| Total Current Liabilities | $1.60M | $1.69M | $1.74M | $1.65M | $1.88M | $2.15M | $2.20M | $1.99M | $1.82M | $1.75M | $1.95M | $1.40M | $1.76M |
| Total Liabilities | $1.60M | $1.70M | $1.84M | $1.84M | $2.16M | $2.52M | $2.66M | $2.53M | $2.45M | $2.45M | $2.73M | $2.22M | $2.66M |
| Common Stock | $236.00K | $225.00K | $203.00K | $1.63M | $1.47M | $1.35M | $1.35M | $1.35M | $1.35M | $1.35M | $1.35M | $1.08M | $1.08M |
| Retained Earnings | $-54.49M | $-53.17M | $-53.17M | $-51.62M | $-50.46M | $-49.51M | $-48.20M | $-46.77M | $-44.86M | $-43.35M | $-42.22M | $-40.43M | $-38.78M |
| Total Stockholders Equity | $4.43M | $5.16M | $4.11M | $5.53M | $5.11M | $5.35M | $6.59M | $7.81M | $9.38M | $10.77M | $11.72M | $5.99M | $7.24M |
| Total Liabilities & Equity | $6.03M | $6.85M | $5.95M | $7.38M | $7.27M | $7.87M | $9.25M | $10.34M | $11.83M | $13.22M | $14.45M | $8.21M | $9.91M |
| Breakdown | Q2 2026 (Nov 30, 2025) |
Q1 2026 (Aug 31, 2025) |
Q4 2025 (May 31, 2025) |
Q3 2025 (Feb 28, 2025) |
Q2 2025 (Nov 30, 2024) |
Q1 2025 (Aug 31, 2024) |
Q4 2024 (May 31, 2024) |
Q3 2024 (Feb 29, 2024) |
Q2 2024 (Nov 30, 2023) |
Q1 2024 (Aug 31, 2023) |
Q4 2023 (May 31, 2023) |
Q3 2023 (Feb 28, 2023) |
Q2 2023 (Nov 30, 2022) |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | $-1.32M | $2.00K | $-1.54M | $-3.43M | $-2.27M | $-1.32M | $-1.42M | $-1.92M | $-2.64M | $-1.13M | $-1.79M | $-5.35M | $-3.70M |
| Depreciation & Amortization | $40.00K | $20.00K | $23.00K | $64.00K | $43.00K | $21.00K | $22.00K | $59.00K | $39.00K | $21.00K | $18.00K | $65.64K | $47.69K |
| Stock-based Compensation | $250.00K | $133.00K | $108.00K | $352.00K | $232.00K | $77.00K | $204.00K | $633.00K | $292.00K | $170.00K | $179.00K | - | - |
| Change in Receivables | $285.00K | $512.00K | $-536.00K | $327.00K | $387.00K | $616.00K | $-187.00K | $402.00K | $338.00K | $708.00K | $446.00K | $465.00K | $445.20K |
| Change in Inventory | $-2.00K | $-10.00K | $-116.00K | $-766.00K | $-585.00K | $-429.00K | $224.00K | $-109.00K | $-390.00K | $-319.00K | $-144.00K | $-390.27K | $-426.64K |
| Operating Cash Flow | $-1.26M | $-268.00K | $-661.00K | $-3.18M | $-2.13M | $-1.34M | $-1.04M | $-4.32M | $-2.52M | $-1.67M | $-963.00K | $-4.51M | $-2.79M |
| Capital Expenditure | - | - | - | - | - | - | $24.00K | $27.00K | $27.00K | $21.00K | - | $63.86K | $58.10K |
| Investing Cash Flow | - | - | - | $-37.00K | $-33.00K | - | $-24.00K | $-91.00K | $-75.00K | $-63.00K | $-14.00K | $-63.86K | $-58.10K |
| Stock Issued | $1.43M | $939.00K | - | $2.14M | $392.00K | - | - | - | - | - | $8.00M | $2.01M | $1.99M |
| Financing Cash Flow | $1.40M | $920.00K | $-5.00K | $2.12M | $380.00K | - | - | - | - | - | $7.35M | $2.04M | $2.02M |
| Net Change in Cash | $144.00K | $654.00K | $-658.00K | $-1.11M | $-1.80M | $-1.35M | $-1.15M | $-4.40M | $-2.58M | $-1.73M | $6.37M | $-2.57M | $-850.46K |
SEC Filing Format - Data shown as it appears in the Q2 2026 (10-Q) filing
Period ended: Nov 30, 2025
Condensed Consolidated Statements of Operations
| Description | Nov 30, 2025 | Nov 30, 2025 | ||
|---|---|---|---|---|
| Current | Prior Year | Current YTD | Prior Year YTD | |
| Total Revenue | $1.21M | - | $2.59M | - |
| Cost of Revenue | $1.16M | - | $2.11M | - |
| Gross Profit | $51.00K | - | $477.00K | - |
| Operating Expenses | $1.42M | - | $2.97M | - |
| Research & Development | $193.00K | - | $405.00K | - |
| Selling General & Admin | $1.23M | - | $2.56M | - |
| Operating Income | $-1.37M | - | $-2.49M | - |
| Other Income/Expense | $58.00K | - | $1.18M | - |
| Income Before Tax | $-1.31M | - | $-1.31M | - |
| Income Tax Expense | $5.00K | - | $9.00K | - |
| Net Income | $-1.32M | $-1.32M | $-1.32M | - |
| Basic EPS | -0.45 | - | -0.48 | - |
| Diluted EPS | -0.45 | - | -0.48 | - |
| Basic Shares Outstanding | $2.91M | - | $2.77M | - |
| Diluted Shares Outstanding | $2.91M | - | $2.77M | - |
Condensed Consolidated Balance Sheets
| Description | Nov 30, 2025 | May 31, 2025 |
|---|---|---|
| Cash & Cash Equivalents | $2.54M | $2.40M |
| Accounts Receivable | $947.00K | $731.00K |
| Inventory | $1.52M | $1.49M |
| Other Current Assets | $177.00K | $255.00K |
| Total Current Assets | $5.19M | $4.88M |
| Property Plant & Equipment | $105.00K | $135.00K |
| Intangible Assets | $219.00K | $228.00K |
| Other Non-current Assets | $90.00K | $113.00K |
| Total Assets | $6.03M | $5.95M |
| Total Current Liabilities | $1.60M | $1.74M |
| Total Liabilities | $1.60M | $1.84M |
| Common Stock | $236.00K | $203.00K |
| Retained Earnings | $-54.49M | $-53.17M |
| Total Stockholders Equity | $4.43M | $4.11M |
| Total Liabilities & Equity | $6.03M | $5.95M |
Condensed Consolidated Statements of Cash Flows
| Description | Nov 30, 2025 | Nov 30, 2025 | ||
|---|---|---|---|---|
| Current | Prior Year | Current YTD | Prior Year YTD | |
| Net Income | $-1.32M | $-1.32M | $-1.32M | - |
| Depreciation & Amortization | - | - | $40.00K | - |
| Stock-based Compensation | - | - | $250.00K | - |
| Change in Receivables | - | - | $285.00K | - |
| Change in Inventory | - | - | $-2.00K | - |
| Operating Cash Flow | - | - | $-1.26M | - |
| Stock Issued | - | - | $1.43M | - |
| Financing Cash Flow | - | - | $1.40M | - |
| Net Change in Cash | - | - | $144.00K | - |
All values are in USD (United States Dollars). Data is sourced from SEC EDGAR 10-Q filings.
Quarterly data represents single quarter results (Q1-Q4). Some items may show year-to-date values if quarterly breakdown is unavailable.