| Income Statement (Quarterly) | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 |
|---|---|---|---|---|
| Revenue | 0 | 0 | 0 | 0 |
| Cost of Revenue | 0 | 0 | 2,000 | 0 |
| Gross Profit | 0 | 0 | -2,000 | 0 |
| Operating Expenses | ||||
| R&D Expenses | 0 | 0 | 0 | 0 |
| SG&A Expenses | 1,961,000 | 2,133,000 | 1,547,000 | 1,509,000 |
| Operating Expenses | 2,529,000 | 3,090,000 | 3,181,000 | 3,704,000 |
| Operating Income | -2,529,000 | -3,090,000 | -3,183,000 | -3,704,000 |
| Interest Expense | 0 | 0 | 0 | 0 |
| Income Before Tax | -938,000 | -3,362,000 | -382,000 | -4,760,000 |
| Income Tax Expense | 0 | 0 | -1,018,000 | -605,000 |
| Net Income | -938,000 | -3,362,000 | 636,000 | -4,155,000 |
| Per Share | ||||
| EPS | -0.06 | -0.21 | 0.05 | -0.36 |
| EPS Diluted | 0.00 | 0.00 | 0.00 | 0.00 |
| Income Statement (Annual) | 2025-03-31 | 2024-03-31 | 2022-12-31 |
|---|---|---|---|
| Revenue | 0 | 0 | 14,249,000 |
| Cost of Revenue | 0 | 11,000 | 67,215,000 |
| Gross Profit | 0 | -11,000 | -52,966,000 |
| Operating Expenses | |||
| R&D Expenses | 0 | 0 | 0 |
| SG&A Expenses | 7,161,000 | 6,673,000 | 20,189,000 |
| Operating Expenses | 16,679,000 | 11,301,000 | 12,665,000 |
| Operating Income | -16,679,000 | -11,312,000 | -73,155,000 |
| Interest Expense | 0 | 0 | 0 |
| Income Before Tax | -12,767,000 | -14,630,000 | -64,685,000 |
| Income Tax Expense | -3,199,000 | -1,777,000 | 230,000 |
| Net Income | -9,568,000 | -12,853,000 | -64,915,000 |
| Per Share | |||
| EPS | -0.79 | -1.73 | -0.99 |
| EPS Diluted | 0.00 | 0.00 | 0.00 |
| Balance Sheet (Quarterly) | 2025-03-31 | 2024-03-31 | 2022-12-31 |
|---|---|---|---|
| Assets | |||
| Cash and Cash Equivalents | 22,133,000 | 23,005,000 | 112,488,000 |
| Short Term Investments | 0 | 0 | 0 |
| Net Receivables | 126,000 | 722,000 | 6,533,000 |
| Inventory | 0 | 0 | 1 |
| Total Current Assets | 22,712,000 | 24,010,000 | 147,196,000 |
| Property Plant Equipment | 15,000 | 24,000 | 21,976,000 |
| Goodwill and Intangibles | 49,266,000 | 49,266,000 | 0 |
| Total Assets | 71,993,000 | 73,300,000 | 170,454,000 |
| Liabilities | |||
| Account Payables | 601,000 | 1,007,000 | 5,488,000 |
| Short Term Debt | 0 | 0 | 0 |
| Total Current Liabilities | 1,930,000 | 1,684,000 | 35,632,000 |
| Long Term Debt | 0 | 0 | 911,000 |
| Total Liabilities | 5,383,000 | 11,557,000 | 67,937,000 |
| Shareholders Equity | |||
| Retained Earnings | -220,687,000 | -211,119,000 | -287,681,000 |
| Total Shareholders Equity | 66,610,000 | 61,743,000 | 102,517,000 |
| Balance Sheet (Annual) | 2025-03-31 | 2024-03-31 | 2022-12-31 |
|---|---|---|---|
| Assets | |||
| Cash and Cash Equivalents | 22,133,000 | 23,005,000 | 112,488,000 |
| Short Term Investments | 0 | 0 | 0 |
| Net Receivables | 126,000 | 722,000 | 6,533,000 |
| Inventory | 0 | 0 | 1 |
| Total Current Assets | 22,712,000 | 24,010,000 | 147,196,000 |
| Property Plant Equipment | 15,000 | 24,000 | 21,976,000 |
| Goodwill and Intangibles | 49,266,000 | 49,266,000 | 0 |
| Total Assets | 71,993,000 | 73,300,000 | 170,454,000 |
| Liabilities | |||
| Account Payables | 601,000 | 1,007,000 | 5,488,000 |
| Short Term Debt | 0 | 0 | 0 |
| Total Current Liabilities | 1,930,000 | 1,684,000 | 35,632,000 |
| Long Term Debt | 0 | 0 | 911,000 |
| Total Liabilities | 5,383,000 | 11,557,000 | 67,937,000 |
| Shareholders Equity | |||
| Retained Earnings | -220,687,000 | -211,119,000 | -287,681,000 |
| Total Shareholders Equity | 66,610,000 | 61,743,000 | 102,517,000 |
| Cash Flow Statement (Quarterly) | 2025-03-31 | 2024-03-31 | 2022-12-31 |
|---|---|---|---|
| Operating Activities | |||
| Net Income | -9,568,000 | -12,853,000 | -64,915,000 |
| Depreciation & Amortization | 7,000 | 11,000 | 3,602,000 |
| Stock Based Compensation | 730,000 | 913,000 | 5,043,000 |
| Change in Working Capital | 342,000 | -1,280,000 | -341,000 |
| Operating Cash Flow | -14,904,000 | -12,333,000 | -19,997,000 |
| Investing Activities | |||
| Capital Expenditure | 0 | -22,000 | -5,017,000 |
| Investments | 0 | -22,000 | -5,017,000 |
| Investing Cash Flow | 0 | 104,000 | -5,017,000 |
| Financing Activities | |||
| Debt Repayment | 0 | 0 | -2,850,000 |
| Common Stock Issued/Repurchased | 14,999,000 | 7,338,000 | 0 |
| Dividends Paid | 0 | 0 | 0 |
| Financing Cash Flow | 14,032,000 | 7,359,000 | 72,271,000 |
| Summary | |||
| Free Cash Flow | -14,904,000 | -12,355,000 | -25,014,000 |
| Net Change in Cash | -872,000 | -4,870,000 | 46,532,000 |
| Cash Flow Statement (Annual) | 2025-03-31 | 2024-03-31 | 2022-12-31 |
|---|---|---|---|
| Operating Activities | |||
| Net Income | -9,568,000 | -12,853,000 | -64,915,000 |
| Depreciation & Amortization | 7,000 | 11,000 | 3,602,000 |
| Stock Based Compensation | 730,000 | 913,000 | 5,043,000 |
| Change in Working Capital | 342,000 | -1,280,000 | -341,000 |
| Operating Cash Flow | -14,904,000 | -12,333,000 | -19,997,000 |
| Investing Activities | |||
| Capital Expenditure | 0 | -22,000 | -5,017,000 |
| Investments | 0 | -22,000 | -5,017,000 |
| Investing Cash Flow | 0 | 104,000 | -5,017,000 |
| Financing Activities | |||
| Debt Repayment | 0 | 0 | -2,850,000 |
| Common Stock Issued/Repurchased | 14,999,000 | 7,338,000 | 0 |
| Dividends Paid | 0 | 0 | 0 |
| Financing Cash Flow | 14,032,000 | 7,359,000 | 72,271,000 |
| Summary | |||
| Free Cash Flow | -14,904,000 | -12,355,000 | -25,014,000 |
| Net Change in Cash | -872,000 | -4,870,000 | 46,532,000 |