| Income Statement (Quarterly) | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 |
|---|---|---|---|---|
| Revenue | 9,204,000 | 9,214,000 | 7,678,000 | 10,410,000 |
| Cost of Revenue | 0 | 0 | 3,986,000 | 4,292,000 |
| Gross Profit | 0 | 0 | 3,692,000 | 6,118,000 |
| Operating Expenses | ||||
| R&D Expenses | 0 | 0 | 0 | 0 |
| SG&A Expenses | 0 | 0 | 4,778,000 | 4,162,000 |
| Operating Expenses | 0 | 0 | 9,340,000 | 8,231,000 |
| Operating Income | -1,177,000 | -3,771,000 | -5,648,000 | -2,113,000 |
| Interest Expense | 3,563,000 | 0 | 3,890,000 | 3,831,000 |
| Income Before Tax | -1,177,000 | -3,771,000 | -5,648,000 | -2,113,000 |
| Income Tax Expense | 0 | 0 | 0 | 0 |
| Net Income | -1,177,000 | -3,771,000 | -5,648,000 | -2,113,000 |
| Per Share | ||||
| EPS | -0.22 | -0.71 | -1.09 | -0.41 |
| 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 | 36,862,000 | 40,742,000 | 31,295,000 | 27,820,000 | 22,085,000 |
| Cost of Revenue | 16,322,000 | 11,541,000 | 5,011,000 | 0 | 0 |
| Gross Profit | 20,540,000 | 29,284,000 | 26,284,000 | 27,820,000 | 0 |
| Operating Expenses | |||||
| R&D Expenses | 0 | 0 | 0 | 0 | 0 |
| SG&A Expenses | 17,014,000 | 16,176,000 | 15,661,000 | 14,542,000 | 17,275,000 |
| Operating Expenses | 34,284,000 | 32,178,000 | 30,685,000 | -26,268,000 | 0 |
| Operating Income | -13,824,000 | -2,977,000 | -4,401,000 | 1,552,000 | 0 |
| Interest Expense | 15,131,000 | 11,458,000 | 4,911,000 | 2,399,000 | 4,420,000 |
| Income Before Tax | -13,744,000 | -2,977,000 | -4,401,000 | -847,000 | -3,896,000 |
| Income Tax Expense | 0 | 0 | -1,058,000 | 2,399,000 | 0 |
| Net Income | -13,744,000 | -2,977,000 | -4,401,000 | -3,246,000 | -3,896,000 |
| Per Share | |||||
| EPS | -2.65 | -0.61 | -1.03 | -0.90 | -1.14 |
| 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 | 837,000 | 59,025,000 | 42,552,000 | 61,018,000 |
| Short Term Investments | 23,915,000 | 48,030,000 | 53,843,000 | 67,596,000 |
| Net Receivables | 2,980,000 | 3,662,000 | 0 | 2,414,000 |
| Inventory | 0 | 0 | -46,434,000 | -63,492,000 |
| Total Current Assets | 837,000 | 110,717,000 | 668,000 | 131,028,000 |
| Property Plant Equipment | 0 | 12,411,000 | 15,485,000 | 17,412,000 |
| Goodwill and Intangibles | 0 | 140,000 | 152,000 | 162,000 |
| Total Assets | 54,094,000 | 756,796,000 | 723,224,000 | 735,314,000 |
| Liabilities | ||||
| Account Payables | 5,731,000 | 0 | 1,475,000 | 499,000 |
| Short Term Debt | 4,733,000 | 0 | 0 | 2,648,000 |
| Total Current Liabilities | 5,731,000 | 646,999,000 | 1,475,000 | 499,000 |
| Long Term Debt | 24,379,000 | 57,152,000 | 77,436,000 | 30,342,000 |
| Total Liabilities | 24,516,000 | 714,487,000 | 678,000,000 | 680,227,000 |
| Shareholders Equity | ||||
| Retained Earnings | -65,293,000 | -51,549,000 | -47,904,000 | -43,503,000 |
| Total Shareholders Equity | 29,578,000 | 42,309,000 | 45,224,000 | 55,087,000 |
| Balance Sheet (Annual) | 2025-03-31 | 2024-03-31 | 2023-03-31 | 2022-03-31 | 2021-03-31 |
|---|---|---|---|---|---|
| Assets | |||||
| Cash and Cash Equivalents | 837,000 | 59,025,000 | 42,552,000 | 61,018,000 | 75,591,000 |
| Short Term Investments | 23,915,000 | 48,030,000 | 53,843,000 | 67,596,000 | 86,507,000 |
| Net Receivables | 2,980,000 | 3,662,000 | 0 | 2,414,000 | 2,640,000 |
| Inventory | 0 | 0 | -46,434,000 | -63,492,000 | 0 |
| Total Current Assets | 837,000 | 110,717,000 | 668,000 | 131,028,000 | 0 |
| Property Plant Equipment | 0 | 12,411,000 | 15,485,000 | 17,412,000 | 19,955,000 |
| Goodwill and Intangibles | 0 | 140,000 | 152,000 | 162,000 | 0 |
| Total Assets | 54,094,000 | 756,796,000 | 723,224,000 | 735,314,000 | 676,748,000 |
| Liabilities | |||||
| Account Payables | 5,731,000 | 0 | 1,475,000 | 499,000 | 0 |
| Short Term Debt | 4,733,000 | 0 | 0 | 2,648,000 | 0 |
| Total Current Liabilities | 5,731,000 | 646,999,000 | 1,475,000 | 499,000 | 0 |
| Long Term Debt | 24,379,000 | 57,152,000 | 77,436,000 | 30,342,000 | 53,225,000 |
| Total Liabilities | 24,516,000 | 714,487,000 | 678,000,000 | 680,227,000 | 624,447,000 |
| Shareholders Equity | |||||
| Retained Earnings | -65,293,000 | -51,549,000 | -47,904,000 | -43,503,000 | -42,656,000 |
| Total Shareholders Equity | 29,578,000 | 42,309,000 | 45,224,000 | 55,087,000 | 52,301,000 |
| Cash Flow Statement (Quarterly) | 2025-03-31 | 2024-03-31 | 2023-03-31 | 2022-03-31 |
|---|---|---|---|---|
| Operating Activities | ||||
| Net Income | -13,744,000 | -2,977,000 | -4,401,000 | -847,000 |
| Depreciation & Amortization | 1,027,000 | 965,000 | 1,058,000 | 1,029,000 |
| Stock Based Compensation | 66,000 | 220,000 | 91,000 | 122,000 |
| Change in Working Capital | -1,364,000 | -5,346,000 | -7,449,000 | 5,971,000 |
| Operating Cash Flow | -12,609,000 | -6,571,000 | -10,513,000 | 7,152,000 |
| Investing Activities | ||||
| Capital Expenditure | -331,000 | -360,000 | -225,000 | -192,000 |
| Investments | 0 | -360,000 | -225,000 | -192,000 |
| Investing Cash Flow | 15,079,000 | -20,053,000 | -15,262,000 | -79,079,000 |
| Financing Activities | ||||
| Debt Repayment | -26,213,000 | -4,473,000 | -3,000 | -23,702,000 |
| Common Stock Issued/Repurchased | 195,000 | 1,000,000 | 0 | 2,998,000 |
| Dividends Paid | 0 | 0 | 0 | 0 |
| Financing Cash Flow | -11,180,000 | 43,097,000 | 7,309,000 | 57,354,000 |
| Summary | ||||
| Free Cash Flow | -12,609,000 | -6,931,000 | -10,738,000 | 6,960,000 |
| Net Change in Cash | -8,710,000 | 16,473,000 | -18,466,000 | -14,573,000 |
| Cash Flow Statement (Annual) | 2025-03-31 | 2024-03-31 | 2023-03-31 | 2022-03-31 | 2021-03-31 |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Net Income | -13,744,000 | -2,977,000 | -4,401,000 | -847,000 | -3,896,000 |
| Depreciation & Amortization | 1,027,000 | 965,000 | 1,058,000 | 1,029,000 | 1,017,000 |
| Stock Based Compensation | 66,000 | 220,000 | 91,000 | 122,000 | 36,000 |
| Change in Working Capital | -1,364,000 | -5,346,000 | -7,449,000 | 5,971,000 | 5,197,000 |
| Operating Cash Flow | -12,609,000 | -6,571,000 | -10,513,000 | 7,152,000 | 2,212,000 |
| Investing Activities | |||||
| Capital Expenditure | -331,000 | -360,000 | -225,000 | -192,000 | -256,000 |
| Investments | 0 | -360,000 | -225,000 | -192,000 | -256,000 |
| Investing Cash Flow | 15,079,000 | -20,053,000 | -15,262,000 | -79,079,000 | -76,984,000 |
| Financing Activities | |||||
| Debt Repayment | -26,213,000 | -4,473,000 | -3,000 | -23,702,000 | 0 |
| Common Stock Issued/Repurchased | 195,000 | 1,000,000 | 0 | 2,998,000 | 697,000 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 |
| Financing Cash Flow | -11,180,000 | 43,097,000 | 7,309,000 | 57,354,000 | 102,823,000 |
| Summary | |||||
| Free Cash Flow | -12,609,000 | -6,931,000 | -10,738,000 | 6,960,000 | 1,956,000 |
| Net Change in Cash | -8,710,000 | 16,473,000 | -18,466,000 | -14,573,000 | 28,051,000 |