| Income Statement (Quarterly) | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 |
|---|---|---|---|---|
| Revenue | 0 | 0 | 0 | 0 |
| Cost of Revenue | 169,000 | 61,000 | 368,000 | -247,000 |
| Gross Profit | -169,000 | -61,000 | -368,000 | 247,000 |
| Operating Expenses | ||||
| R&D Expenses | 0 | 0 | 0 | 0 |
| SG&A Expenses | 2,405,000 | 3,143,000 | 5,189,000 | 4,011,999 |
| 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 |
|---|---|---|---|
| Revenue | 0 | 65,297,000 | 48,816,000 |
| Cost of Revenue | 0 | 383,000 | 1,815,000 |
| Gross Profit | 0 | 64,914,000 | 47,001,000 |
| Operating Expenses | |||
| R&D Expenses | 0 | 0 | 0 |
| SG&A Expenses | 13,532,000 | 23,295,000 | 33,130,000 |
| Operating Expenses | 17,455,000 | 34,785,000 | 85,580,000 |
| Operating Income | -17,455,000 | 14,542,000 | -36,764,000 |
| Interest Expense | 0 | 0 | 0 |
| Income Before Tax | -15,945,000 | 17,778,000 | -31,838,000 |
| Income Tax Expense | 0 | 0 | -4,948,000 |
| Net Income | -15,945,000 | 17,778,000 | -31,840,000 |
| Per Share | |||
| EPS | -2.39 | 2.67 | -4.78 |
| EPS Diluted | 0.00 | 0.00 | 0.00 |
| Balance Sheet (Quarterly) | 2025-06-30 | 2024-06-30 | 2023-06-30 |
|---|---|---|---|
| Assets | |||
| Cash and Cash Equivalents | 18,011,000 | 3,705,000 | 16,906,000 |
| Short Term Investments | 0 | 34,640,000 | 83,787,000 |
| Net Receivables | 0 | 0 | 85,000 |
| Inventory | 0 | 0 | 0 |
| Total Current Assets | 18,285,000 | 40,769,000 | 107,528,000 |
| Property Plant Equipment | 0 | 606,000 | 13,281,000 |
| Goodwill and Intangibles | 0 | 0 | 0 |
| Total Assets | 18,285,000 | 41,375,000 | 120,809,000 |
| Liabilities | |||
| Account Payables | 176,000 | 3,168,000 | 6,134,000 |
| Short Term Debt | 0 | 0 | 2,856,000 |
| Total Current Liabilities | 1,354,000 | 8,355,000 | 20,340,000 |
| Long Term Debt | 0 | 0 | 11,300,000 |
| Total Liabilities | 1,354,000 | 8,355,000 | 96,185,000 |
| Shareholders Equity | |||
| Retained Earnings | -404,164,000 | -388,219,000 | -405,997,000 |
| Total Shareholders Equity | 16,931,000 | 33,020,000 | 24,624,000 |
| Balance Sheet (Annual) | 2025-06-30 | 2024-06-30 | 2023-06-30 |
|---|---|---|---|
| Assets | |||
| Cash and Cash Equivalents | 18,011,000 | 3,705,000 | 16,906,000 |
| Short Term Investments | 0 | 34,640,000 | 83,787,000 |
| Net Receivables | 0 | 0 | 85,000 |
| Inventory | 0 | 0 | 0 |
| Total Current Assets | 18,285,000 | 40,769,000 | 107,528,000 |
| Property Plant Equipment | 0 | 606,000 | 13,281,000 |
| Goodwill and Intangibles | 0 | 0 | 0 |
| Total Assets | 18,285,000 | 41,375,000 | 120,809,000 |
| Liabilities | |||
| Account Payables | 176,000 | 3,168,000 | 6,134,000 |
| Short Term Debt | 0 | 0 | 2,856,000 |
| Total Current Liabilities | 1,354,000 | 8,355,000 | 20,340,000 |
| Long Term Debt | 0 | 0 | 11,300,000 |
| Total Liabilities | 1,354,000 | 8,355,000 | 96,185,000 |
| Shareholders Equity | |||
| Retained Earnings | -404,164,000 | -388,219,000 | -405,997,000 |
| Total Shareholders Equity | 16,931,000 | 33,020,000 | 24,624,000 |
| Cash Flow Statement (Quarterly) | 2025-06-30 | 2024-06-30 | 2023-06-30 |
|---|---|---|---|
| Operating Activities | |||
| Net Income | -15,945,000 | 17,778,000 | -31,838,000 |
| Depreciation & Amortization | 368,000 | 383,000 | 386,000 |
| Stock Based Compensation | -144,000 | 2,278,000 | 3,589,000 |
| Change in Working Capital | 0 | -84,276,000 | -24,947,000 |
| Operating Cash Flow | -20,844,000 | -50,473,000 | -52,484,000 |
| Investing Activities | |||
| Capital Expenditure | 0 | -7,000 | -35,000 |
| Investments | 0 | -7,000 | -35,000 |
| Investing Cash Flow | 35,150,000 | 49,140,000 | 53,690,000 |
| Financing Activities | |||
| Debt Repayment | 0 | 0 | 0 |
| Common Stock Issued/Repurchased | 0 | 0 | -40,000 |
| Dividends Paid | 0 | -11,660,000 | 0 |
| Financing Cash Flow | 0 | -11,868,000 | -40,000 |
| Summary | |||
| Free Cash Flow | -20,844,000 | -50,480,000 | -52,519,000 |
| Net Change in Cash | 14,306,000 | -13,201,000 | 1,166,000 |
| Cash Flow Statement (Annual) | 2025-06-30 | 2024-06-30 | 2023-06-30 |
|---|---|---|---|
| Operating Activities | |||
| Net Income | -15,945,000 | 17,778,000 | -31,838,000 |
| Depreciation & Amortization | 368,000 | 383,000 | 386,000 |
| Stock Based Compensation | -144,000 | 2,278,000 | 3,589,000 |
| Change in Working Capital | 0 | -84,276,000 | -24,947,000 |
| Operating Cash Flow | -20,844,000 | -50,473,000 | -52,484,000 |
| Investing Activities | |||
| Capital Expenditure | 0 | -7,000 | -35,000 |
| Investments | 0 | -7,000 | -35,000 |
| Investing Cash Flow | 35,150,000 | 49,140,000 | 53,690,000 |
| Financing Activities | |||
| Debt Repayment | 0 | 0 | 0 |
| Common Stock Issued/Repurchased | 0 | 0 | -40,000 |
| Dividends Paid | 0 | -11,660,000 | 0 |
| Financing Cash Flow | 0 | -11,868,000 | -40,000 |
| Summary | |||
| Free Cash Flow | -20,844,000 | -50,480,000 | -52,519,000 |
| Net Change in Cash | 14,306,000 | -13,201,000 | 1,166,000 |