| Income Statement (Quarterly) | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 |
|---|---|---|---|---|
| Revenue | 0 | 200,000 | 0 | 175,000 |
| Cost of Revenue | 0 | 0 | 0 | -744,000 |
| Gross Profit | 0 | 200,000 | 0 | 919,000 |
| Operating Expenses | ||||
| R&D Expenses | 0 | 0 | 0 | 0 |
| SG&A Expenses | 2,973,000 | 2,742,000 | 2,801,000 | 2,444,000 |
| Operating Expenses | 4,879,000 | 4,619,000 | 4,106,000 | 3,584,000 |
| Operating Income | -4,879,000 | -4,419,000 | -4,106,000 | -3,409,000 |
| Interest Expense | 54,000 | 57,000 | 57,000 | 60,000 |
| Income Before Tax | -4,861,000 | -4,364,000 | -3,989,000 | -3,246,000 |
| Income Tax Expense | 0 | 0 | 0 | 0 |
| Net Income | -4,861,000 | -4,364,000 | -3,989,000 | -7,778,000 |
| Per Share | ||||
| EPS | -0.49 | -0.48 | -0.46 | -0.90 |
| 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 | 400,000 | 225,000 | 0 | 2,383,000 | 2,371,000 |
| Cost of Revenue | 0 | 1,250,000 | 1,106,000 | 216,000 | 1,462,000 |
| Gross Profit | 0 | 225,000 | -1,106,000 | 2,167,000 | 909,000 |
| Operating Expenses | |||||
| R&D Expenses | 0 | 0 | 0 | 0 | 0 |
| SG&A Expenses | 10,690,000 | 11,674,000 | 18,451,000 | 34,128,000 | 22,031,000 |
| Operating Expenses | 19,002,000 | 16,859,000 | 29,343,000 | 51,857,000 | 32,020,000 |
| Operating Income | -18,377,000 | -16,634,000 | -29,311,000 | -49,690,000 | -31,111,000 |
| Interest Expense | -212,000 | 172,000 | 0 | 1,412,000 | 2,454,000 |
| Income Before Tax | 0 | -15,443,000 | -29,311,000 | -50,304,000 | -23,213,000 |
| Income Tax Expense | 0 | 0 | -1,639,000 | 701,000 | 0 |
| Net Income | 0 | -24,907,000 | -29,311,000 | -51,005,000 | -23,207,000 |
| Per Share | |||||
| EPS | -1.75 | -6.50 | -23.94 | -2,924.26 | -2.97 |
| 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 | 8,582,000 | 14,210,000 | 4,301,000 | 22,676,000 |
| Short Term Investments | 0 | 0 | 0 | 10,845,000 |
| Net Receivables | 0 | 713,000 | 204,000 | 6,100,000 |
| Inventory | 0 | 0 | 21,090,000 | 3,900,000 |
| Total Current Assets | 9,721,000 | 15,672,000 | 26,259,000 | 45,070,000 |
| Property Plant Equipment | 5,282,000 | 6,372,000 | 7,551,000 | 41,755,000 |
| Goodwill and Intangibles | 6,848,000 | 5,368,000 | 5,388,000 | 4,851,000 |
| Total Assets | 23,185,000 | 28,734,000 | 41,207,000 | 99,406,000 |
| Liabilities | ||||
| Account Payables | 2,188,000 | 358,000 | 1,849,000 | 4,264,000 |
| Short Term Debt | 543,000 | 953,000 | 13,598,000 | 22,308,000 |
| Total Current Liabilities | 6,106,000 | 3,840,000 | 21,582,000 | 30,436,000 |
| Long Term Debt | 2,199,000 | 3,507,000 | 3,476,000 | 5,485,000 |
| Total Liabilities | 8,305,000 | 7,410,000 | 25,826,000 | 35,921,000 |
| Shareholders Equity | ||||
| Retained Earnings | -332,224,000 | -313,847,000 | -288,940,000 | -223,930,000 |
| Total Shareholders Equity | 14,880,000 | 21,324,000 | 15,381,000 | 63,485,000 |
| Balance Sheet (Annual) | 2025-06-30 | 2024-06-30 | 2023-06-30 | 2022-06-30 | 2021-06-30 |
|---|---|---|---|---|---|
| Assets | |||||
| Cash and Cash Equivalents | 8,582,000 | 14,210,000 | 4,301,000 | 22,676,000 | 77,404,000 |
| Short Term Investments | 0 | 0 | 0 | 10,845,000 | 19,570,000 |
| Net Receivables | 0 | 713,000 | 204,000 | 6,100,000 | 5,526,000 |
| Inventory | 0 | 0 | 21,090,000 | 3,900,000 | 27,000 |
| Total Current Assets | 9,721,000 | 15,672,000 | 26,259,000 | 45,070,000 | 104,597,000 |
| Property Plant Equipment | 5,282,000 | 6,372,000 | 7,551,000 | 41,755,000 | 34,739,000 |
| Goodwill and Intangibles | 6,848,000 | 5,368,000 | 5,388,000 | 4,851,000 | 952,000 |
| Total Assets | 23,185,000 | 28,734,000 | 41,207,000 | 99,406,000 | 146,968,000 |
| Liabilities | |||||
| Account Payables | 2,188,000 | 358,000 | 1,849,000 | 4,264,000 | 2,254,000 |
| Short Term Debt | 543,000 | 953,000 | 13,598,000 | 22,308,000 | 967,000 |
| Total Current Liabilities | 6,106,000 | 3,840,000 | 21,582,000 | 30,436,000 | 6,645,000 |
| Long Term Debt | 2,199,000 | 3,507,000 | 3,476,000 | 5,485,000 | 31,755,000 |
| Total Liabilities | 8,305,000 | 7,410,000 | 25,826,000 | 35,921,000 | 38,400,000 |
| Shareholders Equity | |||||
| Retained Earnings | -332,224,000 | -313,847,000 | -288,940,000 | -223,930,000 | -173,627,000 |
| Total Shareholders Equity | 14,880,000 | 21,324,000 | 15,381,000 | 63,485,000 | 108,585,000 |
| Cash Flow Statement (Quarterly) | 2025-06-30 | 2024-06-30 | 2023-06-30 | 2022-06-30 |
|---|---|---|---|---|
| Operating Activities | ||||
| Net Income | -18,377,000 | -24,907,000 | -65,010,000 | -50,304,000 |
| Depreciation & Amortization | 291,000 | 1,250,000 | 1,380,000 | 3,791,000 |
| Stock Based Compensation | 1,530,000 | 2,038,000 | 4,391,000 | 4,377,000 |
| Change in Working Capital | 0 | -3,168,000 | 5,869,000 | 3,243,000 |
| Operating Cash Flow | -15,304,000 | -18,554,000 | -30,436,000 | -37,480,000 |
| Investing Activities | ||||
| Capital Expenditure | -16,000 | -210,000 | -5,738,000 | -11,630,000 |
| Investments | -16,000 | -210,000 | -5,738,000 | -11,630,000 |
| Investing Cash Flow | 742,000 | 906,000 | 7,009,000 | -5,127,000 |
| Financing Activities | ||||
| Debt Repayment | 0 | -1,138,000 | -9,625,000 | -5,830,000 |
| Common Stock Issued/Repurchased | 3,541,000 | 25,516,000 | 11,448,000 | 77,000 |
| Dividends Paid | 0 | 0 | 0 | 0 |
| Financing Cash Flow | 8,929,000 | 24,494,000 | 2,301,000 | -6,125,000 |
| Summary | ||||
| Free Cash Flow | -15,320,000 | -18,764,000 | -36,174,000 | -49,110,000 |
| Net Change in Cash | -5,633,000 | 6,846,000 | -21,093,000 | -48,732,000 |
| Cash Flow Statement (Annual) | 2025-06-30 | 2024-06-30 | 2023-06-30 | 2022-06-30 | 2021-06-30 |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Net Income | -18,377,000 | -24,907,000 | -65,010,000 | -50,304,000 | -23,207,000 |
| Depreciation & Amortization | 291,000 | 1,250,000 | 1,380,000 | 3,791,000 | 2,414,000 |
| Stock Based Compensation | 1,530,000 | 2,038,000 | 4,391,000 | 4,377,000 | 1,586,000 |
| Change in Working Capital | 0 | -3,168,000 | 5,869,000 | 3,243,000 | -11,154,000 |
| Operating Cash Flow | -15,304,000 | -18,554,000 | -30,436,000 | -37,480,000 | -30,064,000 |
| Investing Activities | |||||
| Capital Expenditure | -16,000 | -210,000 | -5,738,000 | -11,630,000 | -5,162,000 |
| Investments | -16,000 | -210,000 | -5,738,000 | -11,630,000 | -4,920,000 |
| Investing Cash Flow | 742,000 | 906,000 | 7,009,000 | -5,127,000 | -26,478,000 |
| Financing Activities | |||||
| Debt Repayment | 0 | -1,138,000 | -9,625,000 | -5,830,000 | -331,000 |
| Common Stock Issued/Repurchased | 3,541,000 | 25,516,000 | 11,448,000 | 77,000 | 0 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 |
| Financing Cash Flow | 8,929,000 | 24,494,000 | 2,301,000 | -6,125,000 | 78,835,000 |
| Summary | |||||
| Free Cash Flow | -15,320,000 | -18,764,000 | -36,174,000 | -49,110,000 | -35,226,000 |
| Net Change in Cash | -5,633,000 | 6,846,000 | -21,093,000 | -48,732,000 | 22,292,000 |