| Income Statement (Quarterly) | 2025-06-30 | 2024-12-31 | 2024-09-30 | 2024-06-30 |
|---|---|---|---|---|
| Revenue | 1,760,000 | 1,072,000 | 798,000 | 683,000 |
| Cost of Revenue | 1,604,000 | 1,287,000 | 1,882,000 | 1,016,000 |
| Gross Profit | 156,000 | -215,000 | -1,084,000 | -333,000 |
| Operating Expenses | ||||
| R&D Expenses | 0 | 0 | 0 | 0 |
| SG&A Expenses | 4,687,000 | 7,732,000 | 7,163,000 | 7,239,000 |
| Operating Expenses | 7,773,000 | 10,737,000 | 11,749,000 | 13,248,000 |
| Operating Income | -7,617,000 | -10,952,000 | -12,833,000 | -13,580,000 |
| Interest Expense | 548,000 | 549,000 | 927,000 | 964,000 |
| Income Before Tax | -8,077,999 | -13,333,000 | -14,029,000 | -13,055,000 |
| Income Tax Expense | -387,000 | 0 | -671,000 | 0 |
| Net Income | -7,691,000 | -13,032,000 | -13,358,000 | -12,201,000 |
| Per Share | ||||
| EPS | -1.53 | -0.15 | -0.14 | -0.14 |
| EPS Diluted | 0.00 | 0.00 | 0.00 | 0.00 |
| Income Statement (Annual) | 2025-03-31 | 2024-03-31 | 2023-03-31 | 2022-03-31 | 2021-03-31 |
|---|---|---|---|---|---|
| Revenue | 3,705,000 | 1,159,000 | 0 | 0 | 873,190 |
| Cost of Revenue | 5,368,000 | 2,466,000 | 555,000 | 588,000 | 0 |
| Gross Profit | -1,663,000 | -1,307,000 | -555,000 | -588,000 | 0 |
| Operating Expenses | |||||
| R&D Expenses | 0 | 0 | 0 | 0 | 0 |
| SG&A Expenses | 26,017,000 | 37,337,000 | 34,694,000 | 18,408,000 | 10,468,341 |
| Operating Expenses | 42,874,000 | 61,700,000 | 51,504,000 | 30,210,000 | 23,086,690 |
| Operating Income | -44,537,000 | -63,006,000 | -51,504,000 | -40,710,000 | -22,213,500 |
| Interest Expense | 3,019,000 | 2,912,000 | 30,000 | 775,000 | 641,626 |
| Income Before Tax | -48,479,000 | -64,295,000 | -59,401,000 | -44,060,000 | -22,874,731 |
| Income Tax Expense | 0 | 0 | -3,555,000 | -108,000 | 0 |
| Net Income | -46,625,000 | -60,242,000 | -55,816,000 | -43,177,000 | -22,874,731 |
| Per Share | |||||
| EPS | -13.77 | -0.91 | -0.93 | -1.68 | -1.27 |
| EPS Diluted | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Balance Sheet (Quarterly) | 2025-03-31 | 2024-03-31 | 2023-03-31 | 2022-03-31 |
|---|---|---|---|---|
| Assets | ||||
| Cash and Cash Equivalents | 4,665,000 | 11,378,000 | 29,158,000 | 80,242,000 |
| Short Term Investments | 2,252,000 | 23,090,000 | 16,724,000 | 0 |
| Net Receivables | 860,000 | 548,000 | 651,000 | 604,000 |
| Inventory | 2,417,000 | 2,127,000 | 1,129,000 | 350,000 |
| Total Current Assets | 16,018,000 | 43,936,000 | 59,410,000 | 92,945,000 |
| Property Plant Equipment | 12,719,000 | 11,485,000 | 7,496,000 | 4,210,000 |
| Goodwill and Intangibles | 1,222,000 | 1,427,000 | 1,632,000 | 1,837,000 |
| Total Assets | 30,062,000 | 56,961,000 | 68,749,000 | 99,199,000 |
| Liabilities | ||||
| Account Payables | 1,950,000 | 1,948,000 | 2,016,000 | 1,129,000 |
| Short Term Debt | 1,005,000 | 1,218,000 | 1,151,000 | 1,208,000 |
| Total Current Liabilities | 5,000,000 | 11,567,000 | 19,780,000 | 10,712,000 |
| Long Term Debt | 10,683,000 | 16,619,000 | 2,441,000 | 2,279,000 |
| Total Liabilities | 15,721,000 | 29,775,000 | 26,721,000 | 20,990,000 |
| Shareholders Equity | ||||
| Retained Earnings | -286,322,000 | -239,697,000 | -179,455,000 | -123,639,000 |
| Total Shareholders Equity | 13,583,000 | 25,048,000 | 37,915,000 | 72,704,000 |
| Balance Sheet (Annual) | 2025-03-31 | 2024-03-31 | 2023-03-31 | 2022-03-31 | 2021-03-31 |
|---|---|---|---|---|---|
| Assets | |||||
| Cash and Cash Equivalents | 4,665,000 | 11,378,000 | 29,158,000 | 80,242,000 | 34,630,682 |
| Short Term Investments | 2,252,000 | 23,090,000 | 16,724,000 | 0 | 0 |
| Net Receivables | 860,000 | 548,000 | 651,000 | 604,000 | 466,272 |
| Inventory | 2,417,000 | 2,127,000 | 1,129,000 | 350,000 | 0 |
| Total Current Assets | 16,018,000 | 43,936,000 | 59,410,000 | 92,945,000 | 37,222,803 |
| Property Plant Equipment | 12,719,000 | 11,485,000 | 7,496,000 | 4,210,000 | 2,789,727 |
| Goodwill and Intangibles | 1,222,000 | 1,427,000 | 1,632,000 | 1,837,000 | 374,686 |
| Total Assets | 30,062,000 | 56,961,000 | 68,749,000 | 99,199,000 | 40,525,096 |
| Liabilities | |||||
| Account Payables | 1,950,000 | 1,948,000 | 2,016,000 | 1,129,000 | 1,324,988 |
| Short Term Debt | 1,005,000 | 1,218,000 | 1,151,000 | 1,208,000 | 669,655 |
| Total Current Liabilities | 5,000,000 | 11,567,000 | 19,780,000 | 10,712,000 | 3,799,581 |
| Long Term Debt | 10,683,000 | 16,619,000 | 2,441,000 | 2,279,000 | 6,261,662 |
| Total Liabilities | 15,721,000 | 29,775,000 | 26,721,000 | 20,990,000 | 10,061,243 |
| Shareholders Equity | |||||
| Retained Earnings | -286,322,000 | -239,697,000 | -179,455,000 | -123,639,000 | -80,461,807 |
| Total Shareholders Equity | 13,583,000 | 25,048,000 | 37,915,000 | 72,704,000 | 30,463,853 |
| Cash Flow Statement (Quarterly) | 2025-03-31 | 2024-03-31 | 2023-03-31 | 2022-03-31 |
|---|---|---|---|---|
| Operating Activities | ||||
| Net Income | -48,479,000 | -60,242,000 | -59,401,000 | -44,060,000 |
| Depreciation & Amortization | 3,571,000 | 2,352,000 | 1,170,000 | 588,000 |
| Stock Based Compensation | 9,146,000 | 21,337,000 | 19,558,000 | 7,831,000 |
| Change in Working Capital | -6,152,000 | -16,038,000 | 5,393,000 | 11,834,000 |
| Operating Cash Flow | -38,218,000 | -56,014,000 | -33,009,000 | -23,134,000 |
| Investing Activities | ||||
| Capital Expenditure | -5,883,000 | -5,745,000 | -3,877,000 | -1,449,000 |
| Investments | -5,883,000 | -5,745,000 | -3,877,000 | -1,449,000 |
| Investing Cash Flow | 14,905,000 | -12,235,000 | -20,587,000 | -1,450,000 |
| Financing Activities | ||||
| Debt Repayment | -6,728,000 | 14,983,000 | -1,009,000 | -658,000 |
| Common Stock Issued/Repurchased | 23,009,000 | 27,967,000 | 3,705,000 | 72,827,000 |
| Dividends Paid | 0 | 0 | 0 | 0 |
| Financing Cash Flow | 16,646,000 | 43,167,000 | 2,696,000 | 79,450,000 |
| Summary | ||||
| Free Cash Flow | -44,101,000 | -61,759,000 | -36,886,000 | -24,583,000 |
| Net Change in Cash | -6,712,000 | -25,160,000 | -50,943,000 | 54,962,000 |
| Cash Flow Statement (Annual) | 2025-03-31 | 2024-03-31 | 2023-03-31 | 2022-03-31 | 2021-03-31 |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Net Income | -48,479,000 | -60,242,000 | -59,401,000 | -44,060,000 | -22,874,731 |
| Depreciation & Amortization | 3,571,000 | 2,352,000 | 1,170,000 | 588,000 | 210,979 |
| Stock Based Compensation | 9,146,000 | 21,337,000 | 19,558,000 | 7,831,000 | 4,894,918 |
| Change in Working Capital | -6,152,000 | -16,038,000 | 5,393,000 | 11,834,000 | -2,076,706 |
| Operating Cash Flow | -38,218,000 | -56,014,000 | -33,009,000 | -23,134,000 | -19,639,376 |
| Investing Activities | |||||
| Capital Expenditure | -5,883,000 | -5,745,000 | -3,877,000 | -1,449,000 | -890,407 |
| Investments | -5,883,000 | -5,745,000 | -3,877,000 | -1,449,000 | -890,407 |
| Investing Cash Flow | 14,905,000 | -12,235,000 | -20,587,000 | -1,450,000 | -890,407 |
| Financing Activities | |||||
| Debt Repayment | -6,728,000 | 14,983,000 | -1,009,000 | -658,000 | -404,094 |
| Common Stock Issued/Repurchased | 23,009,000 | 27,967,000 | 3,705,000 | 72,827,000 | 30,111,223 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 |
| Financing Cash Flow | 16,646,000 | 43,167,000 | 2,696,000 | 79,450,000 | 30,332,379 |
| Summary | |||||
| Free Cash Flow | -44,101,000 | -61,759,000 | -36,886,000 | -24,583,000 | -20,529,783 |
| Net Change in Cash | -6,712,000 | -25,160,000 | -50,943,000 | 54,962,000 | 9,802,596 |