| Income Statement (Quarterly) | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 |
|---|---|---|---|---|
| Revenue | 0 | 0 | 0 | 0 |
| Cost of Revenue | 691,666 | 62,039 | 166,565 | 176,068 |
| Gross Profit | -691,666 | -280,711 | -166,565 | -176,068 |
| Operating Expenses | ||||
| R&D Expenses | 0 | 0 | 0 | 0 |
| SG&A Expenses | 346,945 | 1,156,842 | 1,095,618 | 700,193 |
| Operating Expenses | 346,945 | 1,156,842 | 1,260,741 | 1,237,848 |
| Operating Income | -1,038,611 | -1,218,881 | -1,262,183 | -1,413,916 |
| Interest Expense | 418,506 | 426,840 | 426,840 | 423,034 |
| Income Before Tax | 2,618,307 | -2,031,489 | -1,572,138 | -2,560,274 |
| Income Tax Expense | 0 | 0 | 0 | 33,407 |
| Net Income | 2,618,307 | -2,031,489 | -1,572,138 | -2,593,681 |
| Per Share | ||||
| EPS | 0.04 | -0.03 | -0.02 | -0.04 |
| EPS Diluted | 0.00 | 0.00 | 0.00 | 0.00 |
| Income Statement (Annual) | 2025-06-30 | 2024-06-30 | 2023-06-30 | 2022-06-30 | 2021-06-30 |
|---|---|---|---|---|---|
| Revenue | 0 | 0 | 0 | 0 | 0 |
| Cost of Revenue | 1,640,394 | 647,497 | 1,238,895 | 2,169 | 2,508 |
| Gross Profit | -1,640,394 | -647,497 | -1,238,895 | -2,169 | -2,508 |
| Operating Expenses | |||||
| R&D Expenses | 0 | 0 | 0 | 0 | 0 |
| SG&A Expenses | 1,221,338 | 4,793,285 | 2,534,726 | 2,869,632 | 2,950,673 |
| Operating Expenses | 1,221,338 | 4,793,285 | 6,209,164 | 7,489,591 | 5,827,398 |
| Operating Income | -2,861,732 | -5,440,782 | -2,391,534 | -7,160,786 | -5,829,906 |
| Interest Expense | 1,690,690 | 1,164,156 | 463,010 | 398,903 | 442,211 |
| Income Before Tax | 9,031,174 | -8,023,038 | -6,488,115 | -7,559,689 | -5,903,618 |
| Income Tax Expense | 19,249 | -33,407 | -37,584 | 277,627 | 0 |
| Net Income | -9,050,423 | -8,056,445 | -6,450,531 | -7,837,316 | -5,903,618 |
| Per Share | |||||
| EPS | -0.13 | -0.13 | -0.13 | -0.19 | -0.17 |
| EPS Diluted | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Balance Sheet (Quarterly) | 2025-06-30 | 2024-06-30 | 2023-06-30 | 2022-06-30 |
|---|---|---|---|---|
| Assets | ||||
| Cash and Cash Equivalents | 1,351,000 | 5,423,059 | 824,920 | 2,484,156 |
| Short Term Investments | 0 | 0 | 0 | 0 |
| Net Receivables | 0 | 0 | 0 | 0 |
| Inventory | 0 | 0 | 0 | 0 |
| Total Current Assets | 2,707,350 | 6,742,802 | 2,297,206 | 3,765,051 |
| Property Plant Equipment | 12,028 | 49,072,634 | 51,462,840 | 51,749,386 |
| Goodwill and Intangibles | 0 | 0 | 0 | 0 |
| Total Assets | 52,403,032 | 56,361,612 | 54,306,222 | 56,012,713 |
| Liabilities | ||||
| Account Payables | 0 | 563,806 | 937 | 638 |
| Short Term Debt | 0 | 0 | 5,852,225 | 0 |
| Total Current Liabilities | 659,971 | 683,806 | 9,349,959 | 758,256 |
| Long Term Debt | 0 | 11,456,523 | 0 | 4,221,810 |
| Total Liabilities | 18,834,909 | 18,206,172 | 11,466,389 | 9,612,963 |
| Shareholders Equity | ||||
| Retained Earnings | -91,428,662 | -82,378,239 | -74,321,794 | -67,871,263 |
| Total Shareholders Equity | 33,568,123 | 38,155,440 | 42,839,833 | 46,399,750 |
| Balance Sheet (Annual) | 2025-06-30 | 2024-06-30 | 2023-06-30 | 2022-06-30 | 2021-06-30 |
|---|---|---|---|---|---|
| Assets | |||||
| Cash and Cash Equivalents | 1,351,000 | 5,423,059 | 824,920 | 2,484,156 | 3,113,064 |
| Short Term Investments | 0 | 0 | 0 | 0 | 0 |
| Net Receivables | 0 | 0 | 0 | 0 | 0 |
| Inventory | 0 | 0 | 0 | 0 | 0 |
| Total Current Assets | 2,707,350 | 6,742,802 | 2,297,206 | 3,765,051 | 4,265,460 |
| Property Plant Equipment | 12,028 | 49,072,634 | 51,462,840 | 51,749,386 | 49,203,663 |
| Goodwill and Intangibles | 0 | 0 | 0 | 0 | 0 |
| Total Assets | 52,403,032 | 56,361,612 | 54,306,222 | 56,012,713 | 54,002,826 |
| Liabilities | |||||
| Account Payables | 0 | 563,806 | 937 | 638 | 0 |
| Short Term Debt | 0 | 0 | 5,852,225 | 0 | 0 |
| Total Current Liabilities | 659,971 | 683,806 | 9,349,959 | 758,256 | 948,972 |
| Long Term Debt | 0 | 11,456,523 | 0 | 4,221,810 | 4,161,502 |
| Total Liabilities | 18,834,909 | 18,206,172 | 11,466,389 | 9,612,963 | 6,650,096 |
| Shareholders Equity | |||||
| Retained Earnings | -91,428,662 | -82,378,239 | -74,321,794 | -67,871,263 | -60,033,947 |
| Total Shareholders Equity | 33,568,123 | 38,155,440 | 42,839,833 | 46,399,750 | 47,352,730 |
| Cash Flow Statement (Quarterly) | 2025-06-30 | 2024-06-30 | 2023-06-30 | 2022-06-30 |
|---|---|---|---|---|
| Operating Activities | ||||
| Net Income | -9,050,423 | -8,056,445 | -6,450,531 | -7,837,316 |
| Depreciation & Amortization | 2,675 | 1,358 | 1,934 | 2,169 |
| Stock Based Compensation | 589,730 | 331,095 | 349,992 | 440,327 |
| Change in Working Capital | -60,441 | 21,334 | 267,093 | -155,421 |
| Operating Cash Flow | -6,267,284 | -5,409,347 | -5,252,332 | -6,701,139 |
| Investing Activities | ||||
| Capital Expenditure | -161,486 | -100,000 | -80,000 | -47,723 |
| Investments | -161,483 | -100,000 | -80,000 | -47,723 |
| Investing Cash Flow | -161,483 | -100,000 | -126,700 | -47,723 |
| Financing Activities | ||||
| Debt Repayment | 0 | 9,054,477 | -1,500,000 | 0 |
| Common Stock Issued/Repurchased | 2,356,709 | 1,923,120 | 2,219,796 | 6,119,954 |
| Dividends Paid | 0 | 0 | 0 | 0 |
| Financing Cash Flow | 2,356,709 | 10,107,486 | 3,719,796 | 6,119,954 |
| Summary | ||||
| Free Cash Flow | -6,428,770 | -5,509,347 | -5,332,332 | -6,748,862 |
| Net Change in Cash | -4,072,058 | 4,598,139 | -1,659,236 | -628,908 |
| Cash Flow Statement (Annual) | 2025-06-30 | 2024-06-30 | 2023-06-30 | 2022-06-30 | 2021-06-30 |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Net Income | -9,050,423 | -8,056,445 | -6,450,531 | -7,837,316 | -5,903,618 |
| Depreciation & Amortization | 2,675 | 1,358 | 1,934 | 2,169 | 2,508 |
| Stock Based Compensation | 589,730 | 331,095 | 349,992 | 440,327 | 618,235 |
| Change in Working Capital | -60,441 | 21,334 | 267,093 | -155,421 | -956,267 |
| Operating Cash Flow | -6,267,284 | -5,409,347 | -5,252,332 | -6,701,139 | -5,956,071 |
| Investing Activities | |||||
| Capital Expenditure | -161,486 | -100,000 | -80,000 | -47,723 | -87,500 |
| Investments | -161,483 | -100,000 | -80,000 | -47,723 | -87,500 |
| Investing Cash Flow | -161,483 | -100,000 | -126,700 | -47,723 | -87,500 |
| Financing Activities | |||||
| Debt Repayment | 0 | 9,054,477 | -1,500,000 | 0 | 0 |
| Common Stock Issued/Repurchased | 2,356,709 | 1,923,120 | 2,219,796 | 6,119,954 | 3,722,554 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 |
| Financing Cash Flow | 2,356,709 | 10,107,486 | 3,719,796 | 6,119,954 | 3,722,554 |
| Summary | |||||
| Free Cash Flow | -6,428,770 | -5,509,347 | -5,332,332 | -6,748,862 | -6,043,571 |
| Net Change in Cash | -4,072,058 | 4,598,139 | -1,659,236 | -628,908 | -2,321,017 |