TULP: financial statements from SEC

Income statement

Metric	Mar 31, 2026	Dec 31, 2025	Sep 30, 2025	Mar 31, 2025	Dec 31, 2024	Sep 30, 2024	Jun 30, 2024
Revenue	14m	7m	5m	12m	6m	7m	17m
Cost of revenue	12m	6m	5m	9m	7m	5m	13m
Gross profit	3m	484,000	−60,000	4m	−582,000	1m	4m
Selling, general and administrative	3m	3m	3m	2m	3m	3m	4m
Operating income	−20,000	−2m	−3m	1m	−4m	−1m	−118,000
Pre-tax income	−1m	−3m	−4m	773,000	−4m	−2m	−1m
Income tax	−405,000	−661,000	−721,000	156,000	−1m	−736,000	−201,000
Net income	−765,000	−2m	−3m	449,000	−3m	−1m	−534,000
Earnings per share	−0.43	−1.29	—	0.25	−1.66	—	−0.42
Earnings per share, diluted	−0.43	−1.29	−1.61	0.25	−1.66	−0.64	−0.42
Weighted average shares	2m	2m	2m	2m	2m	2m	2m
Weighted average shares, diluted	2m	2m	2m	2m	2m	2m	2m

Metric	Mar 31, 2026	Dec 31, 2025	Sep 30, 2025	Jun 30, 2025	Mar 31, 2025	Dec 31, 2024	Sep 30, 2024	Jun 30, 2024
Cash and equivalents	889,000	1m	2m	906,000	1m	2m	1m	2m
Receivables	8m	3m	2m	5m	4m	2m	2m	3m
Inventory	12m	17m	19m	7m	12m	13m	15m	7m
Current assets	23m	24m	25m	15m	20m	19m	21m	14m
Property, plant and equipment	10m	11m	11m	11m	11m	11m	12m	11m
Goodwill	11m	11m	11m	11m	11m	11m	10m	10m
Total assets	103m	106m	105m	98m	101m	100m	102m	96m
Current liabilities	18m	14m	14m	14m	14m	8m	9m	8m
Short-term debt	—	—	—	—	—	2m	2m	2m
Long-term debt	—	—	—	—	—	—	35m	30m
Equity	6m	7m	12m	12m	10m	12m	15m	17m
Shares outstanding	2m	2m	2m	2m	2m	2m	2m	2m
Shares issued	2m	2m	2m	2m	2m	2m	2m	2m

Metric	Sep 30, 2025	Mar 31, 2025	Sep 30, 2024	Jun 30, 2024
Operating cash flow	−10m	2m	−8m	—
Depreciation and amortisation	874,000	835,000	820,000	—
Share-based compensation	13,000	25,000	22,000	13,000
Capital expenditure	46,000	68,000	47,000	—
Investing cash flow	−46,000	−68,000	117,000	—
Financing cash flow	11m	−2m	7m	—