| Income Statement (Quarterly) | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 |
|---|---|---|---|---|
| Revenue | 0 | 0 | 0 | 0 |
| Cost of Revenue | 0 | 0 | 0 | 91,000 |
| Gross Profit | 0 | 0 | 0 | -91,000 |
| Operating Expenses | ||||
| R&D Expenses | 0 | 0 | 0 | 0 |
| SG&A Expenses | 4,208,000 | 3,538,000 | 2,206,000 | 2,036,000 |
| Operating Expenses | 10,188,000 | 8,610,000 | 5,791,000 | 5,457,000 |
| Operating Income | -10,188,000 | -8,610,000 | -5,791,000 | -5,548,000 |
| Interest Expense | 823,000 | 0 | 0 | 0 |
| Income Before Tax | -9,354,000 | -7,357,000 | -5,059,000 | -4,720,000 |
| Income Tax Expense | 0 | 0 | 0 | 0 |
| Net Income | -9,354,000 | -7,357,000 | -5,059,000 | -4,720,000 |
| Per Share | ||||
| EPS | -0.24 | -0.33 | -0.48 | -0.58 |
| 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 | 216,000 | 75,000 | 73,000 | 59,000 |
| Cost of Revenue | 396,000 | 108,000 | 381,000 | 9,000 | 123,000 |
| Gross Profit | -396,000 | 108,000 | -306,000 | 64,000 | -64,000 |
| Operating Expenses | |||||
| R&D Expenses | 0 | 0 | 0 | 0 | 0 |
| SG&A Expenses | 23,433,000 | 6,989,000 | 6,382,000 | 6,646,000 | 6,512,000 |
| Operating Expenses | 41,369,000 | 22,382,000 | 18,775,000 | 17,918,000 | 13,532,000 |
| Operating Income | -41,765,000 | -22,490,000 | -19,081,000 | -17,854,000 | -13,596,000 |
| Interest Expense | 0 | 904,000 | 33,000 | 32,000 | -6,000 |
| Income Before Tax | -37,917,000 | -22,370,000 | -19,562,000 | -18,208,000 | -13,882,000 |
| Income Tax Expense | 0 | -619,000 | 3,000 | 354,000 | 0 |
| Net Income | -37,917,000 | -21,751,000 | -19,562,000 | -18,562,000 | -13,882,000 |
| Per Share | |||||
| EPS | -1.05 | -2.68 | -14.12 | -38.62 | -3.23 |
| 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 | 97,744,000 | 50,866,000 | 2,477,000 | 4,062,000 |
| Short Term Investments | 0 | 0 | 0 | 0 |
| Net Receivables | 33,000 | 229,000 | 0 | 3,000 |
| Inventory | 0 | 0 | 13,000 | 2 |
| Total Current Assets | 98,518,000 | 51,674,000 | 3,729,000 | 4,820,000 |
| Property Plant Equipment | 991,000 | 449,000 | 613,000 | 993,000 |
| Goodwill and Intangibles | 0 | 0 | 0 | 0 |
| Total Assets | 99,592,000 | 52,210,000 | 4,464,000 | 5,973,000 |
| Liabilities | ||||
| Account Payables | 1,022,000 | 1,351,000 | 1,140,000 | 1,880,000 |
| Short Term Debt | 354,000 | 568,000 | 275,000 | 252,000 |
| Total Current Liabilities | 1,802,000 | 4,924,000 | 3,978,000 | 2,532,000 |
| Long Term Debt | 495,000 | 0 | 284,000 | 559,000 |
| Total Liabilities | 2,297,000 | 4,962,000 | 4,262,000 | 3,091,000 |
| Shareholders Equity | ||||
| Retained Earnings | -228,176,000 | -190,259,000 | -167,889,000 | -148,327,000 |
| Total Shareholders Equity | 97,295,000 | 47,248,000 | 202,000 | 2,882,000 |
| Balance Sheet (Annual) | 2025-06-30 | 2024-06-30 | 2023-06-30 | 2022-06-30 | 2021-06-30 |
|---|---|---|---|---|---|
| Assets | |||||
| Cash and Cash Equivalents | 97,744,000 | 50,866,000 | 2,477,000 | 4,062,000 | 19,769,000 |
| Short Term Investments | 0 | 0 | 0 | 0 | 0 |
| Net Receivables | 33,000 | 229,000 | 0 | 3,000 | 25,000 |
| Inventory | 0 | 0 | 13,000 | 2 | 0 |
| Total Current Assets | 98,518,000 | 51,674,000 | 3,729,000 | 4,820,000 | 20,608,000 |
| Property Plant Equipment | 991,000 | 449,000 | 613,000 | 993,000 | 577,000 |
| Goodwill and Intangibles | 0 | 0 | 0 | 0 | 0 |
| Total Assets | 99,592,000 | 52,210,000 | 4,464,000 | 5,973,000 | 21,379,000 |
| Liabilities | |||||
| Account Payables | 1,022,000 | 1,351,000 | 1,140,000 | 1,880,000 | 274,000 |
| Short Term Debt | 354,000 | 568,000 | 275,000 | 252,000 | 213,000 |
| Total Current Liabilities | 1,802,000 | 4,924,000 | 3,978,000 | 2,532,000 | 1,369,000 |
| Long Term Debt | 495,000 | 0 | 284,000 | 559,000 | 0 |
| Total Liabilities | 2,297,000 | 4,962,000 | 4,262,000 | 3,091,000 | 1,369,000 |
| Shareholders Equity | |||||
| Retained Earnings | -228,176,000 | -190,259,000 | -167,889,000 | -148,327,000 | -130,119,000 |
| Total Shareholders Equity | 97,295,000 | 47,248,000 | 202,000 | 2,882,000 | 20,010,000 |
| Cash Flow Statement (Quarterly) | 2025-06-30 | 2024-06-30 | 2023-06-30 | 2022-06-30 |
|---|---|---|---|---|
| Operating Activities | ||||
| Net Income | -37,917,000 | -21,751,000 | -19,562,000 | -18,208,000 |
| Depreciation & Amortization | 396,000 | 343,000 | 381,000 | 392,000 |
| Stock Based Compensation | 17,426,000 | 830,000 | 452,000 | 870,000 |
| Change in Working Capital | -2,729,000 | 1,174,000 | 714,000 | 1,037,000 |
| Operating Cash Flow | -23,588,000 | -19,403,000 | -18,012,000 | -15,899,000 |
| Investing Activities | ||||
| Capital Expenditure | -18,000 | -179,000 | -1,000 | -13,000 |
| Investments | -18,000 | -179,000 | -1,000 | -13,000 |
| Investing Cash Flow | -18,000 | -179,000 | -1,000 | -13,000 |
| Financing Activities | ||||
| Debt Repayment | 0 | 0 | 0 | 0 |
| Common Stock Issued/Repurchased | 70,485,000 | 73,921,000 | 17,884,000 | 0 |
| Dividends Paid | 0 | 0 | 0 | 0 |
| Financing Cash Flow | 70,485,000 | 68,029,000 | 16,015,000 | 0 |
| Summary | ||||
| Free Cash Flow | -23,606,000 | -19,582,000 | -18,013,000 | -15,912,000 |
| Net Change in Cash | 46,928,000 | 48,439,000 | -1,586,000 | -15,708,000 |
| Cash Flow Statement (Annual) | 2025-06-30 | 2024-06-30 | 2023-06-30 | 2022-06-30 | 2021-06-30 |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Net Income | -37,917,000 | -21,751,000 | -19,562,000 | -18,208,000 | -13,882,000 |
| Depreciation & Amortization | 396,000 | 343,000 | 381,000 | 392,000 | 424,000 |
| Stock Based Compensation | 17,426,000 | 830,000 | 452,000 | 870,000 | 634,000 |
| Change in Working Capital | -2,729,000 | 1,174,000 | 714,000 | 1,037,000 | 8,000 |
| Operating Cash Flow | -23,588,000 | -19,403,000 | -18,012,000 | -15,899,000 | -12,832,000 |
| Investing Activities | |||||
| Capital Expenditure | -18,000 | -179,000 | -1,000 | -13,000 | -221,000 |
| Investments | -18,000 | -179,000 | -1,000 | -13,000 | -221,000 |
| Investing Cash Flow | -18,000 | -179,000 | -1,000 | -13,000 | -221,000 |
| Financing Activities | |||||
| Debt Repayment | 0 | 0 | 0 | 0 | 0 |
| Common Stock Issued/Repurchased | 70,485,000 | 73,921,000 | 17,884,000 | 0 | 25,750,000 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 |
| Financing Cash Flow | 70,485,000 | 68,029,000 | 16,015,000 | 0 | 22,522,000 |
| Summary | |||||
| Free Cash Flow | -23,606,000 | -19,582,000 | -18,013,000 | -15,912,000 | -13,053,000 |
| Net Change in Cash | 46,928,000 | 48,439,000 | -1,586,000 | -15,708,000 | 9,968,000 |