| Income Statement (Quarterly) | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 |
|---|---|---|---|---|
| Revenue | 427,000 | 185,000 | 326,000 | 96,000 |
| Cost of Revenue | 291,000 | 74,000 | 126,000 | 65,000 |
| Gross Profit | 136,000 | 111,000 | 200,000 | 31,000 |
| Operating Expenses | ||||
| R&D Expenses | 0 | 0 | 0 | 0 |
| SG&A Expenses | 2,493,000 | 2,143,000 | 2,509,000 | 2,731,000 |
| Operating Expenses | 5,728,000 | 5,068,000 | 5,901,000 | 6,130,000 |
| Operating Income | -5,592,000 | -4,957,000 | -5,701,000 | -6,034,000 |
| Interest Expense | -212,000 | 211,000 | 217,000 | 218,000 |
| Income Before Tax | -6,335,000 | -3,110,000 | -6,036,000 | -5,862,000 |
| Income Tax Expense | 0 | 0 | 0 | 228,000 |
| Net Income | -6,335,000 | -2,956,000 | -5,882,000 | -5,729,000 |
| Per Share | ||||
| EPS | -0.94 | -0.53 | -1.12 | -1.06 |
| 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 |
|---|---|---|---|---|
| Revenue | 1,336,000 | 326,000 | 287,000 | 234,000 |
| Cost of Revenue | 682,000 | 4,000 | 9,000 | 0 |
| Gross Profit | 654,000 | 322,000 | 278,000 | 234,000 |
| Operating Expenses | ||||
| R&D Expenses | 0 | 0 | 0 | 0 |
| SG&A Expenses | 9,979,000 | 10,034,000 | 11,779,000 | 17,450,000 |
| Operating Expenses | 23,983,000 | 22,480,000 | 27,524,000 | 41,827,000 |
| Operating Income | -23,329,000 | -22,158,000 | -27,246,000 | -41,593,000 |
| Interest Expense | 873,000 | 866,000 | 843,000 | 887,000 |
| Income Before Tax | -23,250,000 | -21,344,000 | -28,887,000 | -41,374,000 |
| Income Tax Expense | 0 | 0 | 277,000 | 755,000 |
| Net Income | -23,250,000 | -20,888,000 | -28,321,000 | -41,242,000 |
| Per Share | ||||
| EPS | -3.56 | -3.99 | -6.24 | -1.28 |
| EPS Diluted | 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 | 5,895,000 | 6,783,000 | 5,360,000 | 9,772,000 |
| Short Term Investments | 0 | 23,202,000 | 34,811,000 | 45,244,000 |
| Net Receivables | 0 | 646,000 | 527,000 | 1,321,000 |
| Inventory | 0 | 0 | 0 | 0 |
| Total Current Assets | 22,095,000 | 31,107,000 | 41,409,000 | 57,747,000 |
| Property Plant Equipment | 8,723,000 | 7,246,000 | 8,321,000 | 9,009,000 |
| Goodwill and Intangibles | 5,929,000 | 0 | 0 | 0 |
| Total Assets | 16,588,000 | 39,527,000 | 50,797,000 | 68,065,000 |
| Liabilities | ||||
| Account Payables | 1,329,000 | 964,000 | 1,812,000 | 1,785,000 |
| Short Term Debt | 659,000 | 1,118,000 | 627,000 | 619,000 |
| Total Current Liabilities | 32,328,000 | 4,454,000 | 5,621,000 | 6,829,000 |
| Long Term Debt | 6,102,000 | 29,053,000 | 29,278,000 | 28,183,000 |
| Total Liabilities | 7,220,000 | 34,112,000 | 35,497,000 | 35,879,000 |
| Shareholders Equity | ||||
| Retained Earnings | -443,055,000 | -420,472,000 | -399,584,000 | -371,263,000 |
| Total Shareholders Equity | -6,842,000 | 96,000 | 13,355,000 | 30,039,000 |
| Balance Sheet (Annual) | 2025-06-30 | 2024-06-30 | 2023-06-30 | 2022-06-30 |
|---|---|---|---|---|
| Assets | ||||
| Cash and Cash Equivalents | 5,895,000 | 6,783,000 | 5,360,000 | 9,772,000 |
| Short Term Investments | 0 | 23,202,000 | 34,811,000 | 45,244,000 |
| Net Receivables | 0 | 646,000 | 527,000 | 1,321,000 |
| Inventory | 0 | 0 | 0 | 0 |
| Total Current Assets | 22,095,000 | 31,107,000 | 41,409,000 | 57,747,000 |
| Property Plant Equipment | 8,723,000 | 7,246,000 | 8,321,000 | 9,009,000 |
| Goodwill and Intangibles | 5,929,000 | 0 | 0 | 0 |
| Total Assets | 16,588,000 | 39,527,000 | 50,797,000 | 68,065,000 |
| Liabilities | ||||
| Account Payables | 1,329,000 | 964,000 | 1,812,000 | 1,785,000 |
| Short Term Debt | 659,000 | 1,118,000 | 627,000 | 619,000 |
| Total Current Liabilities | 32,328,000 | 4,454,000 | 5,621,000 | 6,829,000 |
| Long Term Debt | 6,102,000 | 29,053,000 | 29,278,000 | 28,183,000 |
| Total Liabilities | 7,220,000 | 34,112,000 | 35,497,000 | 35,879,000 |
| Shareholders Equity | ||||
| Retained Earnings | -443,055,000 | -420,472,000 | -399,584,000 | -371,263,000 |
| Total Shareholders Equity | -6,842,000 | 96,000 | 13,355,000 | 30,039,000 |
| Cash Flow Statement (Quarterly) | 2025-06-30 | 2024-06-30 | 2023-06-30 | 2022-06-30 |
|---|---|---|---|---|
| Operating Activities | ||||
| Net Income | -23,250,000 | -21,344,000 | -28,887,000 | -41,374,000 |
| Depreciation & Amortization | 316,000 | 253,000 | 362,000 | 1,053,000 |
| Stock Based Compensation | 2,143,000 | 2,618,000 | 3,977,000 | 8,909,000 |
| Change in Working Capital | 0 | -21,000 | 1,691,000 | -5,089,000 |
| Operating Cash Flow | -18,211,000 | -18,021,000 | -22,857,000 | -36,501,000 |
| Investing Activities | ||||
| Capital Expenditure | -1,618,000 | -323,000 | -262,000 | -280,000 |
| Investments | -1,618,000 | -323,000 | -262,000 | -280,000 |
| Investing Cash Flow | 8,026,000 | 10,584,000 | 9,698,000 | 11,783,000 |
| Financing Activities | ||||
| Debt Repayment | 0 | 0 | 0 | 0 |
| Common Stock Issued/Repurchased | 0 | 91,000 | 8,024,000 | 0 |
| Dividends Paid | 0 | 0 | 0 | 0 |
| Financing Cash Flow | 9,533,000 | 8,841,000 | 8,024,000 | 7,500,000 |
| Summary | ||||
| Free Cash Flow | -19,829,000 | -18,344,000 | -23,119,000 | -36,781,000 |
| Net Change in Cash | -475,000 | 1,415,000 | -5,157,000 | -20,425,000 |
| Cash Flow Statement (Annual) | 2025-06-30 | 2024-06-30 | 2023-06-30 | 2022-06-30 |
|---|---|---|---|---|
| Operating Activities | ||||
| Net Income | -23,250,000 | -21,344,000 | -28,887,000 | -41,374,000 |
| Depreciation & Amortization | 316,000 | 253,000 | 362,000 | 1,053,000 |
| Stock Based Compensation | 2,143,000 | 2,618,000 | 3,977,000 | 8,909,000 |
| Change in Working Capital | 0 | -21,000 | 1,691,000 | -5,089,000 |
| Operating Cash Flow | -18,211,000 | -18,021,000 | -22,857,000 | -36,501,000 |
| Investing Activities | ||||
| Capital Expenditure | -1,618,000 | -323,000 | -262,000 | -280,000 |
| Investments | -1,618,000 | -323,000 | -262,000 | -280,000 |
| Investing Cash Flow | 8,026,000 | 10,584,000 | 9,698,000 | 11,783,000 |
| Financing Activities | ||||
| Debt Repayment | 0 | 0 | 0 | 0 |
| Common Stock Issued/Repurchased | 0 | 91,000 | 8,024,000 | 0 |
| Dividends Paid | 0 | 0 | 0 | 0 |
| Financing Cash Flow | 9,533,000 | 8,841,000 | 8,024,000 | 7,500,000 |
| Summary | ||||
| Free Cash Flow | -19,829,000 | -18,344,000 | -23,119,000 | -36,781,000 |
| Net Change in Cash | -475,000 | 1,415,000 | -5,157,000 | -20,425,000 |