{
  "ticker": {
    "uuid": "09ba8f22-30ef-4506-91ce-e8ed4c9dbfda",
    "symbol": "HYFT",
    "name": "ImmunoPrecise Antibodies Ltd.",
    "exchange": "NASDAQ",
    "exchange_name": "NASDAQ",
    "country": "US",
    "currency": "USD",
    "sector": "Healthcare",
    "industry": "Biotechnology",
    "page_url": "https://sharemaestro.com/factors/ticker/09ba8f22-30ef-4506-91ce-e8ed4c9dbfda/",
    "api_url": "https://sharemaestro.com/factors/api/tickers/09ba8f22-30ef-4506-91ce-e8ed4c9dbfda/"
  },
  "latest_snapshot": {
    "ticker": {
      "uuid": "09ba8f22-30ef-4506-91ce-e8ed4c9dbfda",
      "symbol": "HYFT",
      "name": "ImmunoPrecise Antibodies Ltd.",
      "exchange": "NASDAQ",
      "exchange_name": "NASDAQ",
      "country": "US",
      "currency": "USD",
      "sector": "Healthcare",
      "industry": "Biotechnology",
      "page_url": "https://sharemaestro.com/factors/ticker/09ba8f22-30ef-4506-91ce-e8ed4c9dbfda/",
      "api_url": "https://sharemaestro.com/factors/api/tickers/09ba8f22-30ef-4506-91ce-e8ed4c9dbfda/"
    },
    "week_end_date": "2026-07-26",
    "universe": "USD_US",
    "score": {
      "os": 0.02,
      "value": 0.19,
      "quality": 0.07,
      "momentum": 0.09,
      "coverage": 0.818,
      "confidence": 0.818,
      "delta": 0
    },
    "headline_factors": {
      "price": 1.36,
      "market_cap": 63528137.76,
      "pe_ratio": null,
      "earnings_yield": null,
      "ebitda_to_ev": null,
      "shareholder_yield": 0,
      "roe": -1.1809,
      "piotroski_f_score": 5,
      "momentum_12_1": -0.2685,
      "volatility_252d": 1.1875
    },
    "strategy_flags": {
      "market_leader": false,
      "cornerstone_value": false,
      "cornerstone_growth": false,
      "tiny_titan": false,
      "all_cap_buyback": false,
      "small_cap_core": false,
      "veiled_value": false,
      "earnings_consistent_5y": false
    },
    "factor_groups": {
      "valuation": {
        "pe_ratio": null,
        "ev_ebitda": null,
        "earnings_yield": null,
        "fcf_yield": -0.2174,
        "shareholder_yield": 0
      },
      "quality": {
        "roe": -1.1809,
        "roic": -2.9745,
        "gross_margin": 0.5879,
        "fcf_margin": -0.7838,
        "piotroski_f_score": 5
      },
      "growth": {
        "revenue_growth_1y": -0.1547,
        "eps_growth_1y": null,
        "fcf_growth_1y": null
      },
      "momentum": {
        "price_return_12m": -0.3704,
        "momentum_12_1": -0.2685,
        "relative_strength": -0.5866
      },
      "scores": {
        "value_percentile": 0.19,
        "quality_percentile": 0.07,
        "momentum_percentile": 0.09,
        "growth_composite": 85,
        "yield_composite": 82,
        "overall_composite": 98,
        "os_score": 0.02,
        "factor_coverage": 0.818,
        "signal_confidence": 0.818
      }
    }
  },
  "factor_history": [
    {
      "week_end_date": "2026-06-07",
      "price": 1.68,
      "os": 0.18,
      "value": 0.19,
      "quality": 0.04,
      "momentum": 0.93,
      "confidence": 0.771,
      "coverage": 0.818,
      "pe_ratio": null,
      "earnings_yield": null,
      "shareholder_yield": -0.1558,
      "roe": -0.8134,
      "momentum_12_1": 0.8888
    },
    {
      "week_end_date": "2026-06-14",
      "price": 1.56,
      "os": 0.17,
      "value": 0.2,
      "quality": 0.04,
      "momentum": 0.88,
      "confidence": 0.762,
      "coverage": 0.818,
      "pe_ratio": null,
      "earnings_yield": null,
      "shareholder_yield": -0.1678,
      "roe": -0.8134,
      "momentum_12_1": 0.6964
    },
    {
      "week_end_date": "2026-06-21",
      "price": 1.53,
      "os": 0.15,
      "value": 0.2,
      "quality": 0.04,
      "momentum": 0.85,
      "confidence": 0.753,
      "coverage": 0.818,
      "pe_ratio": null,
      "earnings_yield": null,
      "shareholder_yield": -0.1711,
      "roe": -0.8134,
      "momentum_12_1": 0.7015
    },
    {
      "week_end_date": "2026-06-28",
      "price": 1.58,
      "os": 0.13,
      "value": 0.21,
      "quality": 0.04,
      "momentum": 0.73,
      "confidence": 0.744,
      "coverage": 0.818,
      "pe_ratio": null,
      "earnings_yield": null,
      "shareholder_yield": -0.1657,
      "roe": -0.8134,
      "momentum_12_1": 0.5856
    },
    {
      "week_end_date": "2026-07-05",
      "price": 1.57,
      "os": 0.11,
      "value": 0.21,
      "quality": 0.04,
      "momentum": 0.7,
      "confidence": 0.735,
      "coverage": 0.818,
      "pe_ratio": null,
      "earnings_yield": null,
      "shareholder_yield": -0.1667,
      "roe": -0.8134,
      "momentum_12_1": 0.2824
    },
    {
      "week_end_date": "2026-07-12",
      "price": 1.43,
      "os": 0.05,
      "value": 0.22,
      "quality": 0.05,
      "momentum": 0.34,
      "confidence": 0.726,
      "coverage": 0.818,
      "pe_ratio": null,
      "earnings_yield": null,
      "shareholder_yield": -0.1831,
      "roe": -0.8134,
      "momentum_12_1": 0.0541
    },
    {
      "week_end_date": "2026-07-19",
      "price": 1.46,
      "os": 0.02,
      "value": 0.2,
      "quality": 0.04,
      "momentum": 0.16,
      "confidence": 0.717,
      "coverage": 0.818,
      "pe_ratio": null,
      "earnings_yield": null,
      "shareholder_yield": -0.1793,
      "roe": -0.8134,
      "momentum_12_1": -0.1156
    },
    {
      "week_end_date": "2026-07-26",
      "price": 1.36,
      "os": 0.02,
      "value": 0.19,
      "quality": 0.07,
      "momentum": 0.09,
      "confidence": 0.818,
      "coverage": 0.818,
      "pe_ratio": null,
      "earnings_yield": null,
      "shareholder_yield": 0,
      "roe": -1.1809,
      "momentum_12_1": -0.2685
    }
  ],
  "financial_periods": {
    "annual": [
      {
        "period_end_date": "2026-04-30",
        "period_type": "annual",
        "fiscal_year": 2026,
        "fiscal_quarter": null,
        "currency_reported": "USD",
        "is_restated": false,
        "income_statement": {
          "revenue": 15319377,
          "cost_of_revenue": 6311685,
          "gross_profit": 9007691,
          "ebit": -14707902,
          "ebitda": -13128504,
          "pretax_income": -15313469,
          "tax_provision": -443097,
          "net_income": -13735056,
          "net_income_to_common": -13735056,
          "eps_basic": null,
          "eps_diluted": null,
          "shares_basic": null,
          "shares_diluted": null
        },
        "balance_sheet": {
          "cash_and_equivalents": 11328823,
          "total_current_assets": 16192589,
          "total_assets": 21339877,
          "short_term_debt": 456226,
          "long_term_debt": null,
          "total_debt": 3520039,
          "total_liabilities": 9610731,
          "total_equity": 11729145,
          "shares_outstanding": 46381559,
          "goodwill_and_intangibles": null
        },
        "cash_flow": {
          "operating_cash_flow": -12271847,
          "capital_expenditure": 391896,
          "free_cash_flow": -11879951,
          "dividends_paid": null,
          "share_repurchases": null,
          "shares_issued": null,
          "net_debt_issued": null
        }
      },
      {
        "period_end_date": "2025-04-30",
        "period_type": "annual",
        "fiscal_year": 2025,
        "fiscal_quarter": null,
        "currency_reported": "USD",
        "is_restated": false,
        "income_statement": {
          "revenue": 24520000,
          "cost_of_revenue": 10972000,
          "gross_profit": 13548000,
          "ebit": -33974000,
          "ebitda": -28855000,
          "pretax_income": -34267000,
          "tax_provision": -4033000,
          "net_income": -30234000,
          "net_income_to_common": -30234000,
          "eps_basic": null,
          "eps_diluted": null,
          "shares_basic": null,
          "shares_diluted": null
        },
        "balance_sheet": {
          "cash_and_equivalents": 10665000,
          "total_current_assets": 18754000,
          "total_assets": 44441000,
          "short_term_debt": 1850000,
          "long_term_debt": 11553000,
          "total_debt": 13403000,
          "total_liabilities": 20815000,
          "total_equity": 23626000,
          "shares_outstanding": 33385000,
          "goodwill_and_intangibles": 9297000
        },
        "cash_flow": {
          "operating_cash_flow": -6410000,
          "capital_expenditure": 799000,
          "free_cash_flow": -5611000,
          "dividends_paid": null,
          "share_repurchases": null,
          "shares_issued": 12228000,
          "net_debt_issued": 2665000
        }
      },
      {
        "period_end_date": "2025-04-30",
        "period_type": "annual",
        "fiscal_year": 2025,
        "fiscal_quarter": null,
        "currency_reported": "USD",
        "is_restated": false,
        "income_statement": {
          "revenue": 24520000,
          "cost_of_revenue": 10972000,
          "gross_profit": 13548000,
          "ebit": -33974000,
          "ebitda": -28855000,
          "pretax_income": -34267000,
          "tax_provision": -4033000,
          "net_income": -30234000,
          "net_income_to_common": -30234000,
          "eps_basic": null,
          "eps_diluted": null,
          "shares_basic": null,
          "shares_diluted": null
        },
        "balance_sheet": {
          "cash_and_equivalents": 10665000,
          "total_current_assets": 18754000,
          "total_assets": 44441000,
          "short_term_debt": 3189318,
          "long_term_debt": 11553000,
          "total_debt": 13403000,
          "total_liabilities": 20815000,
          "total_equity": 23626000,
          "shares_outstanding": 33385000,
          "goodwill_and_intangibles": 9297000
        },
        "cash_flow": {
          "operating_cash_flow": -6410000,
          "capital_expenditure": 799000,
          "free_cash_flow": -5611000,
          "dividends_paid": null,
          "share_repurchases": null,
          "shares_issued": 12228000,
          "net_debt_issued": 2665000
        }
      },
      {
        "period_end_date": "2025-04-30",
        "period_type": "annual",
        "fiscal_year": 2025,
        "fiscal_quarter": null,
        "currency_reported": "USD",
        "is_restated": false,
        "income_statement": {
          "revenue": 24520000,
          "cost_of_revenue": 10972000,
          "gross_profit": 13548000,
          "ebit": -33974000,
          "ebitda": -28855000,
          "pretax_income": -34267000,
          "tax_provision": -4033000,
          "net_income": -30234000,
          "net_income_to_common": -30234000,
          "eps_basic": null,
          "eps_diluted": null,
          "shares_basic": null,
          "shares_diluted": null
        },
        "balance_sheet": {
          "cash_and_equivalents": 10665000,
          "total_current_assets": 18754000,
          "total_assets": 44441000,
          "short_term_debt": 3189318,
          "long_term_debt": 11553000,
          "total_debt": 13403000,
          "total_liabilities": 20815000,
          "total_equity": 23626000,
          "shares_outstanding": 33385000,
          "goodwill_and_intangibles": 9297000
        },
        "cash_flow": {
          "operating_cash_flow": -6410000,
          "capital_expenditure": 799000,
          "free_cash_flow": -5611000,
          "dividends_paid": null,
          "share_repurchases": null,
          "shares_issued": 12228000,
          "net_debt_issued": 2665000
        }
      },
      {
        "period_end_date": "2025-04-30",
        "period_type": "annual",
        "fiscal_year": 2025,
        "fiscal_quarter": null,
        "currency_reported": "USD",
        "is_restated": false,
        "income_statement": {
          "revenue": 24520000,
          "cost_of_revenue": 10972000,
          "gross_profit": 13548000,
          "ebit": -33974000,
          "ebitda": -28855000,
          "pretax_income": -34267000,
          "tax_provision": -4033000,
          "net_income": -30234000,
          "net_income_to_common": -30234000,
          "eps_basic": null,
          "eps_diluted": null,
          "shares_basic": null,
          "shares_diluted": null
        },
        "balance_sheet": {
          "cash_and_equivalents": 10665000,
          "total_current_assets": 18754000,
          "total_assets": 44441000,
          "short_term_debt": 3189318,
          "long_term_debt": 11553000,
          "total_debt": 13403000,
          "total_liabilities": 20815000,
          "total_equity": 23626000,
          "shares_outstanding": 33385000,
          "goodwill_and_intangibles": 9297000
        },
        "cash_flow": {
          "operating_cash_flow": -6410000,
          "capital_expenditure": 799000,
          "free_cash_flow": -5611000,
          "dividends_paid": null,
          "share_repurchases": null,
          "shares_issued": 12228000,
          "net_debt_issued": 2665000
        }
      },
      {
        "period_end_date": "2025-04-30",
        "period_type": "annual",
        "fiscal_year": 2025,
        "fiscal_quarter": null,
        "currency_reported": "USD",
        "is_restated": false,
        "income_statement": {
          "revenue": 24520000,
          "cost_of_revenue": 10972000,
          "gross_profit": 13548000,
          "ebit": -33974000,
          "ebitda": -28855000,
          "pretax_income": -34267000,
          "tax_provision": -4033000,
          "net_income": -30234000,
          "net_income_to_common": -30234000,
          "eps_basic": null,
          "eps_diluted": null,
          "shares_basic": null,
          "shares_diluted": null
        },
        "balance_sheet": {
          "cash_and_equivalents": 10665000,
          "total_current_assets": 18754000,
          "total_assets": 44441000,
          "short_term_debt": 3189318,
          "long_term_debt": 11553000,
          "total_debt": 13403000,
          "total_liabilities": 20815000,
          "total_equity": 23626000,
          "shares_outstanding": 33385000,
          "goodwill_and_intangibles": 9297000
        },
        "cash_flow": {
          "operating_cash_flow": -6410000,
          "capital_expenditure": 799000,
          "free_cash_flow": -5611000,
          "dividends_paid": null,
          "share_repurchases": null,
          "shares_issued": 12228000,
          "net_debt_issued": 2665000
        }
      },
      {
        "period_end_date": "2025-04-30",
        "period_type": "annual",
        "fiscal_year": 2025,
        "fiscal_quarter": null,
        "currency_reported": "USD",
        "is_restated": false,
        "income_statement": {
          "revenue": 24520000,
          "cost_of_revenue": 10972000,
          "gross_profit": 13548000,
          "ebit": -33974000,
          "ebitda": -28855000,
          "pretax_income": -34267000,
          "tax_provision": -4033000,
          "net_income": -30234000,
          "net_income_to_common": -30234000,
          "eps_basic": null,
          "eps_diluted": null,
          "shares_basic": null,
          "shares_diluted": null
        },
        "balance_sheet": {
          "cash_and_equivalents": 10665000,
          "total_current_assets": 18754000,
          "total_assets": 44441000,
          "short_term_debt": 3189318,
          "long_term_debt": 11553000,
          "total_debt": 13403000,
          "total_liabilities": 20815000,
          "total_equity": 23626000,
          "shares_outstanding": 33385000,
          "goodwill_and_intangibles": 9297000
        },
        "cash_flow": {
          "operating_cash_flow": -6410000,
          "capital_expenditure": 799000,
          "free_cash_flow": -5611000,
          "dividends_paid": null,
          "share_repurchases": null,
          "shares_issued": 12228000,
          "net_debt_issued": 2665000
        }
      },
      {
        "period_end_date": "2025-04-30",
        "period_type": "annual",
        "fiscal_year": 2025,
        "fiscal_quarter": null,
        "currency_reported": "USD",
        "is_restated": false,
        "income_statement": {
          "revenue": 24520000,
          "cost_of_revenue": 10972000,
          "gross_profit": 13548000,
          "ebit": -33974000,
          "ebitda": -28855000,
          "pretax_income": -34267000,
          "tax_provision": -4033000,
          "net_income": -30234000,
          "net_income_to_common": -30234000,
          "eps_basic": null,
          "eps_diluted": null,
          "shares_basic": null,
          "shares_diluted": null
        },
        "balance_sheet": {
          "cash_and_equivalents": 10665000,
          "total_current_assets": 18754000,
          "total_assets": 44441000,
          "short_term_debt": 3189318,
          "long_term_debt": 11553000,
          "total_debt": 13403000,
          "total_liabilities": 20815000,
          "total_equity": 23626000,
          "shares_outstanding": 33385000,
          "goodwill_and_intangibles": 9297000
        },
        "cash_flow": {
          "operating_cash_flow": -6410000,
          "capital_expenditure": 799000,
          "free_cash_flow": -5611000,
          "dividends_paid": null,
          "share_repurchases": null,
          "shares_issued": 12228000,
          "net_debt_issued": 2665000
        }
      }
    ],
    "quarterly": [
      {
        "period_end_date": "2026-04-30",
        "period_type": "quarterly",
        "fiscal_year": 2026,
        "fiscal_quarter": 2,
        "currency_reported": "USD",
        "is_restated": false,
        "income_statement": {
          "revenue": 4079332,
          "cost_of_revenue": 1605957,
          "gross_profit": 2473373,
          "ebit": -4291477,
          "ebitda": -4055541,
          "pretax_income": -4195318.1,
          "tax_provision": -363818.7,
          "net_income": -3831499.4,
          "net_income_to_common": -3831499.4,
          "eps_basic": null,
          "eps_diluted": null,
          "shares_basic": null,
          "shares_diluted": null
        },
        "balance_sheet": {
          "cash_and_equivalents": 11328823,
          "total_current_assets": 16192589,
          "total_assets": 21339877,
          "short_term_debt": 456226,
          "long_term_debt": null,
          "total_debt": 3520039,
          "total_liabilities": 9610731,
          "total_equity": 11729145,
          "shares_outstanding": 46711866,
          "goodwill_and_intangibles": null
        },
        "cash_flow": {
          "operating_cash_flow": -2506704,
          "capital_expenditure": 15513,
          "free_cash_flow": -2491191,
          "dividends_paid": null,
          "share_repurchases": null,
          "shares_issued": null,
          "net_debt_issued": null
        }
      },
      {
        "period_end_date": "2026-01-31",
        "period_type": "quarterly",
        "fiscal_year": 2026,
        "fiscal_quarter": 1,
        "currency_reported": "USD",
        "is_restated": false,
        "income_statement": {
          "revenue": 4090284,
          "cost_of_revenue": 1666411,
          "gross_profit": 2423872,
          "ebit": -3883704,
          "ebitda": -3670239,
          "pretax_income": -3883704,
          "tax_provision": -17706,
          "net_income": -3865997,
          "net_income_to_common": -3865997,
          "eps_basic": null,
          "eps_diluted": null,
          "shares_basic": null,
          "shares_diluted": null
        },
        "balance_sheet": {
          "cash_and_equivalents": 10391758,
          "total_current_assets": 13945498,
          "total_assets": 17060334,
          "short_term_debt": 315326,
          "long_term_debt": 3097000,
          "total_debt": 2602369,
          "total_liabilities": 6089892,
          "total_equity": 10973672,
          "shares_outstanding": 46515653,
          "goodwill_and_intangibles": 0
        },
        "cash_flow": {
          "operating_cash_flow": -2925278,
          "capital_expenditure": 30576,
          "free_cash_flow": -2894702,
          "dividends_paid": null,
          "share_repurchases": null,
          "shares_issued": null,
          "net_debt_issued": -102000
        }
      },
      {
        "period_end_date": "2026-01-31",
        "period_type": "quarterly",
        "fiscal_year": 2026,
        "fiscal_quarter": 1,
        "currency_reported": "USD",
        "is_restated": false,
        "income_statement": {
          "revenue": 4090284,
          "cost_of_revenue": 1666411,
          "gross_profit": 2423872,
          "ebit": -3883704,
          "ebitda": -3670239,
          "pretax_income": -3883704,
          "tax_provision": -17706,
          "net_income": -3865997,
          "net_income_to_common": -3865997,
          "eps_basic": null,
          "eps_diluted": null,
          "shares_basic": null,
          "shares_diluted": null
        },
        "balance_sheet": {
          "cash_and_equivalents": 14181943,
          "total_current_assets": 18962000,
          "total_assets": 23166597,
          "short_term_debt": 857334,
          "long_term_debt": 3097000,
          "total_debt": 3551531,
          "total_liabilities": 8190495,
          "total_equity": 14976100,
          "shares_outstanding": 46515653,
          "goodwill_and_intangibles": 0
        },
        "cash_flow": {
          "operating_cash_flow": -2925278,
          "capital_expenditure": 30576,
          "free_cash_flow": -2894702,
          "dividends_paid": null,
          "share_repurchases": null,
          "shares_issued": null,
          "net_debt_issued": -102000
        }
      },
      {
        "period_end_date": "2026-01-31",
        "period_type": "quarterly",
        "fiscal_year": 2026,
        "fiscal_quarter": 1,
        "currency_reported": "USD",
        "is_restated": false,
        "income_statement": {
          "revenue": 4090284,
          "cost_of_revenue": 1666411,
          "gross_profit": 2423872,
          "ebit": -3883704,
          "ebitda": -3670239,
          "pretax_income": -3883704,
          "tax_provision": -17706,
          "net_income": -3865997,
          "net_income_to_common": -3865997,
          "eps_basic": null,
          "eps_diluted": null,
          "shares_basic": null,
          "shares_diluted": null
        },
        "balance_sheet": {
          "cash_and_equivalents": 14181943,
          "total_current_assets": 18962000,
          "total_assets": 23166597,
          "short_term_debt": 857334,
          "long_term_debt": 3097000,
          "total_debt": 3551531,
          "total_liabilities": 8190495,
          "total_equity": 14976100,
          "shares_outstanding": 46515653,
          "goodwill_and_intangibles": 0
        },
        "cash_flow": {
          "operating_cash_flow": -2925278,
          "capital_expenditure": 30576,
          "free_cash_flow": -2894702,
          "dividends_paid": null,
          "share_repurchases": null,
          "shares_issued": null,
          "net_debt_issued": -102000
        }
      },
      {
        "period_end_date": "2026-01-31",
        "period_type": "quarterly",
        "fiscal_year": 2026,
        "fiscal_quarter": 1,
        "currency_reported": "USD",
        "is_restated": false,
        "income_statement": {
          "revenue": 4090284,
          "cost_of_revenue": 1666411,
          "gross_profit": 2423872,
          "ebit": -3883704,
          "ebitda": -3670239,
          "pretax_income": -3883704,
          "tax_provision": -17706,
          "net_income": -3865997,
          "net_income_to_common": -3865997,
          "eps_basic": null,
          "eps_diluted": null,
          "shares_basic": null,
          "shares_diluted": null
        },
        "balance_sheet": {
          "cash_and_equivalents": 14181943,
          "total_current_assets": 18962000,
          "total_assets": 23166597,
          "short_term_debt": 857334,
          "long_term_debt": 3097000,
          "total_debt": 3551531,
          "total_liabilities": 8190495,
          "total_equity": 14976100,
          "shares_outstanding": 46515653,
          "goodwill_and_intangibles": 0
        },
        "cash_flow": {
          "operating_cash_flow": -2925278,
          "capital_expenditure": 30576,
          "free_cash_flow": -2894702,
          "dividends_paid": null,
          "share_repurchases": null,
          "shares_issued": null,
          "net_debt_issued": -102000
        }
      },
      {
        "period_end_date": "2026-01-31",
        "period_type": "quarterly",
        "fiscal_year": 2026,
        "fiscal_quarter": 1,
        "currency_reported": "USD",
        "is_restated": false,
        "income_statement": {
          "revenue": 4090284,
          "cost_of_revenue": 1666411,
          "gross_profit": 2423872,
          "ebit": -3883704,
          "ebitda": -3670239,
          "pretax_income": -3883704,
          "tax_provision": -17706,
          "net_income": -3865997,
          "net_income_to_common": -3865997,
          "eps_basic": null,
          "eps_diluted": null,
          "shares_basic": null,
          "shares_diluted": null
        },
        "balance_sheet": {
          "cash_and_equivalents": 14181943,
          "total_current_assets": 18962000,
          "total_assets": 23166597,
          "short_term_debt": 857334,
          "long_term_debt": 3097000,
          "total_debt": 3551531,
          "total_liabilities": 8190495,
          "total_equity": 14976100,
          "shares_outstanding": 46515653,
          "goodwill_and_intangibles": 0
        },
        "cash_flow": {
          "operating_cash_flow": -2925278,
          "capital_expenditure": 30576,
          "free_cash_flow": -2894702,
          "dividends_paid": null,
          "share_repurchases": null,
          "shares_issued": null,
          "net_debt_issued": -102000
        }
      },
      {
        "period_end_date": "2026-01-31",
        "period_type": "quarterly",
        "fiscal_year": 2026,
        "fiscal_quarter": 1,
        "currency_reported": "USD",
        "is_restated": false,
        "income_statement": {
          "revenue": 4090284,
          "cost_of_revenue": 1666411,
          "gross_profit": 2423872,
          "ebit": -3883704,
          "ebitda": -3670239,
          "pretax_income": -3883704,
          "tax_provision": -17706,
          "net_income": -3865997,
          "net_income_to_common": -3865997,
          "eps_basic": null,
          "eps_diluted": null,
          "shares_basic": null,
          "shares_diluted": null
        },
        "balance_sheet": {
          "cash_and_equivalents": 14181943,
          "total_current_assets": 18962000,
          "total_assets": 23166597,
          "short_term_debt": 857334,
          "long_term_debt": 3097000,
          "total_debt": 3551531,
          "total_liabilities": 8190495,
          "total_equity": 14976100,
          "shares_outstanding": 46515653,
          "goodwill_and_intangibles": 0
        },
        "cash_flow": {
          "operating_cash_flow": -2925278,
          "capital_expenditure": 30576,
          "free_cash_flow": -2894702,
          "dividends_paid": null,
          "share_repurchases": null,
          "shares_issued": null,
          "net_debt_issued": -102000
        }
      },
      {
        "period_end_date": "2026-01-31",
        "period_type": "quarterly",
        "fiscal_year": 2026,
        "fiscal_quarter": 1,
        "currency_reported": "USD",
        "is_restated": false,
        "income_statement": {
          "revenue": 4090284,
          "cost_of_revenue": 1666411,
          "gross_profit": 2423872,
          "ebit": -3614166,
          "ebitda": -3400701,
          "pretax_income": -3883704,
          "tax_provision": -17706,
          "net_income": -3865997,
          "net_income_to_common": -3865997,
          "eps_basic": null,
          "eps_diluted": null,
          "shares_basic": null,
          "shares_diluted": null
        },
        "balance_sheet": {
          "cash_and_equivalents": 14181943,
          "total_current_assets": 18962000,
          "total_assets": 23166597,
          "short_term_debt": 857334,
          "long_term_debt": 3097000,
          "total_debt": 3551531,
          "total_liabilities": 8190495,
          "total_equity": 14976100,
          "shares_outstanding": 46515653,
          "goodwill_and_intangibles": 0
        },
        "cash_flow": {
          "operating_cash_flow": -2925278,
          "capital_expenditure": 30576,
          "free_cash_flow": -2894702,
          "dividends_paid": null,
          "share_repurchases": null,
          "shares_issued": null,
          "net_debt_issued": -102000
        }
      },
      {
        "period_end_date": "2025-10-31",
        "period_type": "quarterly",
        "fiscal_year": 2025,
        "fiscal_quarter": 4,
        "currency_reported": "USD",
        "is_restated": false,
        "income_statement": {
          "revenue": 4124000,
          "cost_of_revenue": 1462000,
          "gross_profit": 2662000,
          "ebit": -3194000,
          "ebitda": -2987000,
          "pretax_income": -3194000,
          "tax_provision": 25000,
          "net_income": -3195000,
          "net_income_to_common": -3195000,
          "eps_basic": null,
          "eps_diluted": null,
          "shares_basic": null,
          "shares_diluted": null
        },
        "balance_sheet": {
          "cash_and_equivalents": 16508000,
          "total_current_assets": 21738000,
          "total_assets": 26102000,
          "short_term_debt": 721467,
          "long_term_debt": 3206000,
          "total_debt": 3927467,
          "total_liabilities": 8397000,
          "total_equity": 17705000,
          "shares_outstanding": 46156821,
          "goodwill_and_intangibles": 0
        },
        "cash_flow": {
          "operating_cash_flow": -2870000,
          "capital_expenditure": 74000,
          "free_cash_flow": -2796000,
          "dividends_paid": null,
          "share_repurchases": -77000,
          "shares_issued": null,
          "net_debt_issued": -101000
        }
      },
      {
        "period_end_date": "2025-10-31",
        "period_type": "quarterly",
        "fiscal_year": 2025,
        "fiscal_quarter": 4,
        "currency_reported": "USD",
        "is_restated": false,
        "income_statement": {
          "revenue": 4124000,
          "cost_of_revenue": 1462000,
          "gross_profit": 2662000,
          "ebit": -3194000,
          "ebitda": -2987000,
          "pretax_income": -3194000,
          "tax_provision": 25000,
          "net_income": -3195000,
          "net_income_to_common": -3195000,
          "eps_basic": null,
          "eps_diluted": null,
          "shares_basic": null,
          "shares_diluted": null
        },
        "balance_sheet": {
          "cash_and_equivalents": 16508000,
          "total_current_assets": 21738000,
          "total_assets": 26102000,
          "short_term_debt": 721467,
          "long_term_debt": 3206000,
          "total_debt": 3627000,
          "total_liabilities": 8397000,
          "total_equity": 17705000,
          "shares_outstanding": 46156821,
          "goodwill_and_intangibles": 0
        },
        "cash_flow": {
          "operating_cash_flow": -2870000,
          "capital_expenditure": 74000,
          "free_cash_flow": -2796000,
          "dividends_paid": null,
          "share_repurchases": -77000,
          "shares_issued": null,
          "net_debt_issued": -101000
        }
      },
      {
        "period_end_date": "2025-10-31",
        "period_type": "quarterly",
        "fiscal_year": 2025,
        "fiscal_quarter": 4,
        "currency_reported": "USD",
        "is_restated": false,
        "income_statement": {
          "revenue": 4124000,
          "cost_of_revenue": 1462000,
          "gross_profit": 2662000,
          "ebit": -3194000,
          "ebitda": -2987000,
          "pretax_income": -3194000,
          "tax_provision": 25000,
          "net_income": -3195000,
          "net_income_to_common": -3195000,
          "eps_basic": null,
          "eps_diluted": null,
          "shares_basic": null,
          "shares_diluted": null
        },
        "balance_sheet": {
          "cash_and_equivalents": 16508000,
          "total_current_assets": 21738000,
          "total_assets": 26102000,
          "short_term_debt": 721467,
          "long_term_debt": 3206000,
          "total_debt": 3627000,
          "total_liabilities": 8397000,
          "total_equity": 17705000,
          "shares_outstanding": 46156821,
          "goodwill_and_intangibles": 0
        },
        "cash_flow": {
          "operating_cash_flow": -2870000,
          "capital_expenditure": 74000,
          "free_cash_flow": -2796000,
          "dividends_paid": null,
          "share_repurchases": -77000,
          "shares_issued": null,
          "net_debt_issued": -101000
        }
      },
      {
        "period_end_date": "2025-10-31",
        "period_type": "quarterly",
        "fiscal_year": 2025,
        "fiscal_quarter": 4,
        "currency_reported": "USD",
        "is_restated": false,
        "income_statement": {
          "revenue": 4124000,
          "cost_of_revenue": 1462000,
          "gross_profit": 2662000,
          "ebit": -3194000,
          "ebitda": -2987000,
          "pretax_income": -3194000,
          "tax_provision": 25000,
          "net_income": -3195000,
          "net_income_to_common": -3195000,
          "eps_basic": null,
          "eps_diluted": null,
          "shares_basic": null,
          "shares_diluted": null
        },
        "balance_sheet": {
          "cash_and_equivalents": 16508000,
          "total_current_assets": 21738000,
          "total_assets": 26102000,
          "short_term_debt": 721467,
          "long_term_debt": 3206000,
          "total_debt": 3627000,
          "total_liabilities": 8397000,
          "total_equity": 17705000,
          "shares_outstanding": 46156821,
          "goodwill_and_intangibles": 0
        },
        "cash_flow": {
          "operating_cash_flow": -2870000,
          "capital_expenditure": 74000,
          "free_cash_flow": -2796000,
          "dividends_paid": null,
          "share_repurchases": -77000,
          "shares_issued": null,
          "net_debt_issued": -101000
        }
      }
    ]
  },
  "strategy_matches": [
    {
      "key": "sector_relative",
      "name": "Cheapest in Sector",
      "slug": "sector-relative",
      "group": "value",
      "page_url": "/factors/sector-relative/"
    },
    {
      "key": "risk_adj_momentum",
      "name": "Risk-Adjusted Momentum",
      "slug": "risk-adj-momentum",
      "group": "momentum",
      "page_url": "/factors/risk-adj-momentum/"
    },
    {
      "key": "shareholder_yield",
      "name": "Shareholder Yield",
      "slug": "shareholder-yield",
      "group": "income",
      "page_url": "/factors/shareholder-yield/"
    }
  ],
  "coverage": {
    "factor_history_points": 8,
    "annual_financial_periods": 8,
    "quarterly_financial_periods": 12,
    "latest_factor_week": "2026-07-26",
    "latest_financials_period_end": "2026-04-30"
  },
  "schema": {
    "public_fields_only": true
  }
}