v3.26.1
Condensed Interim Consolidated Statements of Earnings (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Condensed Interim Consolidated Statements of Earnings (Unaudited)        
Revenue $ 17,715 $ 17,133 $ 51,318 $ 43,320
Direct manufacturing costs 11,527 11,856 33,977 29,962
Gross margin 6,188 5,277 17,341 13,358
Expenses        
Research and development (407) 1,169 2,294 3,223
Government assistance 737 (1) (94) (85)
Sales and marketing 715 582 2,540 1,866
General and administrative 1,474 634 4,115 2,907
Stock based compensation 2,382 543 2,781 1,246
Depreciation and amortization 499 388 1,362 1,033
Total operating expenses 5,400 3,315 12,998 10,190
Income from operations 788 1,962 4,343 3,168
Net finance charges 384 591 1,376 1,925
Foreign exchange loss (gain) and interest income 99 464 704 (72)
Income tax recovery 0 0 99 0
Net income for the period $ 305 $ 907 $ 2,362 $ 1,315
Basic income per share $ 0.01 $ 0.02 $ 0.05 $ 0.04
Diluted income per share $ 0.01 $ 0.02 $ 0.05 $ 0.03
Weighted average number of shares - basic 49,744,052 40,100,715 48,200,156 37,509,735
Weighted average number of shares - diluted 52,497,545 42,011,683 50,378,421 40,234,391