| 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 | 3,776,000 |
| Gross Profit | 0 | 0 | 0 | -3,776,000 |
| Operating Expenses | ||||
| R&D Expenses | 0 | 0 | 0 | 0 |
| SG&A Expenses | 2,405,000 | 3,143,000 | 5,189,000 | 4,137,000 |
| Operating Expenses | 2,774,000 | 3,451,000 | 8,352,000 | 7,956,000 |
| Operating Income | -2,774,000 | -3,451,000 | -8,352,000 | -18,980,000 |
| Interest Expense | 0 | 0 | 0 | 0 |
| Income Before Tax | -2,573,000 | -2,677,000 | -8,007,000 | -18,406,000 |
| Income Tax Expense | 0 | 0 | 0 | 0 |
| Net Income | -2,573,000 | -2,677,000 | -8,007,000 | -18,406,000 |
| Per Share | ||||
| EPS | -0.39 | -0.40 | -1.20 | -2.76 |
| 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 | 65,297,000 | 48,816,000 | 40,697,000 | 25,535,000 |
| Cost of Revenue | 0 | 383,000 | 1,815,000 | 1,235,000 | 1,408,000 |
| Gross Profit | 0 | 64,914,000 | 47,001,000 | 39,462,000 | 24,127,000 |
| Operating Expenses | |||||
| R&D Expenses | 0 | 0 | 0 | 0 | 0 |
| SG&A Expenses | 13,532,000 | 23,295,000 | 33,130,000 | 30,540,000 | 24,414,000 |
| Operating Expenses | 17,455,000 | 50,755,000 | 85,580,000 | 116,181,000 | 93,812,000 |
| Operating Income | -17,455,000 | 14,542,000 | -36,764,000 | -75,484,000 | -69,685,000 |
| Interest Expense | 0 | 0 | 0 | 284,000 | 0 |
| Income Before Tax | -15,945,000 | 17,778,000 | -31,838,000 | -54,454,000 | -50,567,000 |
| Income Tax Expense | 0 | 0 | -4,948,000 | 284,000 | 8,000 |
| Net Income | -15,945,000 | 17,778,000 | -31,840,000 | -54,738,000 | -50,575,000 |
| Per Share | |||||
| EPS | -2.39 | 2.67 | -4.78 | -8.80 | -0.45 |
| 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 | 18,011,000 | 3,705,000 | 16,906,000 | 15,740,000 |
| Short Term Investments | 0 | 34,640,000 | 83,787,000 | 137,512,000 |
| Net Receivables | 0 | 0 | 85,000 | 10,044,000 |
| Inventory | 0 | 0 | 0 | 1 |
| Total Current Assets | 18,285,000 | 40,769,000 | 107,528,000 | 167,126,000 |
| Property Plant Equipment | 0 | 606,000 | 13,281,000 | 10,714,000 |
| Goodwill and Intangibles | 0 | 0 | 0 | 0 |
| Total Assets | 18,285,000 | 41,375,000 | 120,809,000 | 177,840,000 |
| Liabilities | ||||
| Account Payables | 176,000 | 3,168,000 | 6,134,000 | 7,918,000 |
| Short Term Debt | 0 | 0 | 1,428,000 | 871,000 |
| Total Current Liabilities | 1,354,000 | 8,355,000 | 20,340,000 | 24,443,000 |
| Long Term Debt | 0 | 0 | 11,300,000 | 8,771,000 |
| Total Liabilities | 1,354,000 | 8,355,000 | 96,185,000 | 125,427,000 |
| Shareholders Equity | ||||
| Retained Earnings | -404,164,000 | -388,219,000 | -405,997,000 | -374,159,000 |
| Total Shareholders Equity | 16,931,000 | 33,020,000 | 24,624,000 | 52,413,000 |
| Balance Sheet (Annual) | 2025-06-30 | 2024-06-30 | 2023-06-30 | 2022-06-30 | 2021-06-30 |
|---|---|---|---|---|---|
| Assets | |||||
| Cash and Cash Equivalents | 18,011,000 | 3,705,000 | 16,906,000 | 15,740,000 | 8,543,000 |
| Short Term Investments | 0 | 34,640,000 | 83,787,000 | 137,512,000 | 144,883,000 |
| Net Receivables | 0 | 0 | 85,000 | 10,044,000 | 7,582,000 |
| Inventory | 0 | 0 | 0 | 1 | 0 |
| Total Current Assets | 18,285,000 | 40,769,000 | 107,528,000 | 167,126,000 | 164,817,000 |
| Property Plant Equipment | 0 | 606,000 | 13,281,000 | 10,714,000 | 9,281,000 |
| Goodwill and Intangibles | 0 | 0 | 0 | 0 | 0 |
| Total Assets | 18,285,000 | 41,375,000 | 120,809,000 | 177,840,000 | 174,098,000 |
| Liabilities | |||||
| Account Payables | 176,000 | 3,168,000 | 6,134,000 | 7,918,000 | 6,355,000 |
| Short Term Debt | 0 | 0 | 1,428,000 | 871,000 | 928,000 |
| Total Current Liabilities | 1,354,000 | 8,355,000 | 20,340,000 | 24,443,000 | 30,294,000 |
| Long Term Debt | 0 | 0 | 11,300,000 | 8,771,000 | 7,370,000 |
| Total Liabilities | 1,354,000 | 8,355,000 | 96,185,000 | 125,427,000 | 132,736,000 |
| Shareholders Equity | |||||
| Retained Earnings | -404,164,000 | -388,219,000 | -405,997,000 | -374,159,000 | -327,809,000 |
| Total Shareholders Equity | 16,931,000 | 33,020,000 | 24,624,000 | 52,413,000 | 41,362,000 |
| Cash Flow Statement (Quarterly) | 2025-06-30 | 2024-06-30 | 2023-06-30 | 2022-06-30 |
|---|---|---|---|---|
| Operating Activities | ||||
| Net Income | -15,945,000 | 17,778,000 | -31,838,000 | -54,454,000 |
| Depreciation & Amortization | 368,000 | 383,000 | 386,000 | 326,000 |
| Stock Based Compensation | -144,000 | 2,278,000 | 3,589,000 | 8,350,000 |
| Change in Working Capital | 0 | -84,276,000 | -24,947,000 | 16,875,000 |
| Operating Cash Flow | -20,844,000 | -50,473,000 | -52,484,000 | -48,746,000 |
| Investing Activities | ||||
| Capital Expenditure | 0 | -7,000 | -35,000 | -479,000 |
| Investments | 0 | -7,000 | -35,000 | -479,000 |
| Investing Cash Flow | 35,150,000 | 49,140,000 | 53,690,000 | 6,892,000 |
| Financing Activities | ||||
| Debt Repayment | 0 | 0 | 0 | 0 |
| Common Stock Issued/Repurchased | 0 | 0 | -40,000 | 52,131,000 |
| Dividends Paid | 0 | -11,660,000 | 0 | 0 |
| Financing Cash Flow | 0 | -11,868,000 | -40,000 | 49,051,000 |
| Summary | ||||
| Free Cash Flow | -20,844,000 | -50,480,000 | -52,519,000 | -49,225,000 |
| Net Change in Cash | 14,306,000 | -13,201,000 | 1,166,000 | 7,197,000 |
| Cash Flow Statement (Annual) | 2025-06-30 | 2024-06-30 | 2023-06-30 | 2022-06-30 | 2021-06-30 |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Net Income | -15,945,000 | 17,778,000 | -31,838,000 | -54,454,000 | -50,575,000 |
| Depreciation & Amortization | 368,000 | 383,000 | 386,000 | 326,000 | 285,000 |
| Stock Based Compensation | -144,000 | 2,278,000 | 3,589,000 | 8,350,000 | 10,245,000 |
| Change in Working Capital | 0 | -84,276,000 | -24,947,000 | 16,875,000 | 26,203,000 |
| Operating Cash Flow | -20,844,000 | -50,473,000 | -52,484,000 | -48,746,000 | -31,964,000 |
| Investing Activities | |||||
| Capital Expenditure | 0 | -7,000 | -35,000 | -479,000 | -708,000 |
| Investments | 0 | -7,000 | -35,000 | -479,000 | -708,000 |
| Investing Cash Flow | 35,150,000 | 49,140,000 | 53,690,000 | 6,892,000 | 24,708,000 |
| Financing Activities | |||||
| Debt Repayment | 0 | 0 | 0 | 0 | 0 |
| Common Stock Issued/Repurchased | 0 | 0 | -40,000 | 52,131,000 | 3,136,000 |
| Dividends Paid | 0 | -11,660,000 | 0 | 0 | 0 |
| Financing Cash Flow | 0 | -11,868,000 | -40,000 | 49,051,000 | 3,468,000 |
| Summary | |||||
| Free Cash Flow | -20,844,000 | -50,480,000 | -52,519,000 | -49,225,000 | -32,672,000 |
| Net Change in Cash | 14,306,000 | -13,201,000 | 1,166,000 | 7,197,000 | -3,788,000 |