| Income Statement (Quarterly) | 2024-12-31 | 2024-06-30 | 2024-03-31 | 2023-12-31 |
|---|---|---|---|---|
| Revenue | 12,000 | 12,000 | 0 | 0 |
| Cost of Revenue | 0 | 0 | 0 | 0 |
| Gross Profit | 12,000 | 12,000 | 0 | 0 |
| Operating Expenses | ||||
| R&D Expenses | 0 | 0 | 0 | 0 |
| SG&A Expenses | 3,602,000 | 5,294,000 | 4,138,000 | 5,345,000 |
| Operating Expenses | 5,016,000 | 9,756,000 | 7,415,000 | 7,983,000 |
| Operating Income | -5,004,000 | -9,744,000 | -7,415,000 | -7,983,000 |
| Interest Expense | 171,000 | 0 | 0 | 0 |
| Income Before Tax | -5,894,000 | -6,431,000 | -6,031,000 | -5,241,000 |
| Income Tax Expense | 0 | 30,000 | 0 | 0 |
| Net Income | -5,894,000 | -6,461,000 | -6,031,000 | -5,241,000 |
| Per Share | ||||
| EPS | -0.33 | -0.38 | -0.38 | -0.33 |
| 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 | 2021-06-30 |
|---|---|---|---|---|---|
| Revenue | 86,000 | 12,000 | 0 | 0 | 1,897,596 |
| Cost of Revenue | 0 | 0 | 88,080 | 6,338 | 911,968 |
| Gross Profit | 86,000 | 12,000 | 0 | -6,338 | 985,628 |
| Operating Expenses | |||||
| R&D Expenses | 0 | 0 | 0 | 0 | 0 |
| SG&A Expenses | 13,128,000 | 17,071,000 | 7,924,000 | 10,179,778 | 3,248,207 |
| Operating Expenses | 23,875,000 | 30,053,000 | 13,638,000 | 14,769,216 | 9,224,965 |
| Operating Income | -23,789,000 | -30,041,000 | -49,668,000 | -14,775,554 | -8,239,337 |
| Interest Expense | 303,000 | 0 | 3,013 | 6,271 | 0 |
| Income Before Tax | -46,885,000 | -18,429,000 | -48,811,000 | -14,903,909 | -8,163,590 |
| Income Tax Expense | 0 | 30,000 | 0 | 122,084 | 0 |
| Net Income | -46,885,000 | -18,459,000 | -48,811,000 | -15,025,993 | -8,163,590 |
| Per Share | |||||
| EPS | -1.36 | -1.14 | -3.17 | -0.32 | -0.17 |
| EPS Diluted | 0.00 | 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 | 15,039,000 | 5,858,000 | 22,084,176 | 25,797,239 |
| Short Term Investments | 0 | 0 | 0 | 0 |
| Net Receivables | 4,626,000 | 10,015,000 | 256,489 | 219,333 |
| Inventory | 0 | 0 | -416,160 | 0 |
| Total Current Assets | 19,962,000 | 16,202,000 | 22,959,686 | 26,057,734 |
| Property Plant Equipment | 485,000 | 845,000 | 785,968 | 0 |
| Goodwill and Intangibles | 0 | 0 | 34,895,333 | 0 |
| Total Assets | 20,447,000 | 17,047,000 | 58,640,988 | 26,057,734 |
| Liabilities | ||||
| Account Payables | 6,074,000 | 527,000 | 1,792,140 | 894,760 |
| Short Term Debt | 184,000 | 163,000 | 112,962 | 0 |
| Total Current Liabilities | 6,984,000 | 5,620,000 | 2,545,620 | 1,383,064 |
| Long Term Debt | 74,000 | 210,000 | 407,807 | 0 |
| Total Liabilities | 7,058,000 | 5,830,000 | 2,953,428 | 1,383,064 |
| Shareholders Equity | ||||
| Retained Earnings | -157,556,000 | -110,671,000 | -52,143,313 | -40,445,566 |
| Total Shareholders Equity | 13,389,000 | 11,217,000 | 55,687,559 | 24,674,670 |
| Balance Sheet (Annual) | 2025-06-30 | 2024-06-30 | 2023-06-30 | 2022-06-30 | 2021-06-30 |
|---|---|---|---|---|---|
| Assets | |||||
| Cash and Cash Equivalents | 15,039,000 | 5,858,000 | 22,084,176 | 25,797,239 | 9,123,617 |
| Short Term Investments | 0 | 0 | 0 | 0 | 0 |
| Net Receivables | 4,626,000 | 10,015,000 | 256,489 | 219,333 | 169,088 |
| Inventory | 0 | 0 | -416,160 | 0 | 0 |
| Total Current Assets | 19,962,000 | 16,202,000 | 22,959,686 | 26,057,734 | 9,328,795 |
| Property Plant Equipment | 485,000 | 845,000 | 785,968 | 0 | 0 |
| Goodwill and Intangibles | 0 | 0 | 34,895,333 | 0 | 0 |
| Total Assets | 20,447,000 | 17,047,000 | 58,640,988 | 26,057,734 | 9,328,795 |
| Liabilities | |||||
| Account Payables | 6,074,000 | 527,000 | 1,792,140 | 894,760 | 233,117 |
| Short Term Debt | 184,000 | 163,000 | 112,962 | 0 | 0 |
| Total Current Liabilities | 6,984,000 | 5,620,000 | 2,545,620 | 1,383,064 | 755,049 |
| Long Term Debt | 74,000 | 210,000 | 407,807 | 0 | 0 |
| Total Liabilities | 7,058,000 | 5,830,000 | 2,953,428 | 1,383,064 | 755,049 |
| Shareholders Equity | |||||
| Retained Earnings | -157,556,000 | -110,671,000 | -52,143,313 | -40,445,566 | -40,681,793 |
| Total Shareholders Equity | 13,389,000 | 11,217,000 | 55,687,559 | 24,674,670 | 8,573,746 |
| Cash Flow Statement (Quarterly) | 2025-06-30 | 2024-06-30 | 2023-06-30 | 2022-06-30 |
|---|---|---|---|---|
| Operating Activities | ||||
| Net Income | -46,885,000 | -18,459,000 | -13,225,102 | -10,252,538 |
| Depreciation & Amortization | 246,000 | 103,000 | 86,677 | 0 |
| Stock Based Compensation | 2,609,000 | 8,928,000 | 3,191,640 | 1,007,477 |
| Change in Working Capital | 6,775,000 | -9,468,000 | 476,971 | 843,638 |
| Operating Cash Flow | -12,513,000 | -15,845,000 | -10,553,060 | -8,810,311 |
| Investing Activities | ||||
| Capital Expenditure | -8,000 | -277,000 | -315,657 | 0 |
| Investments | -8,000 | -277,000 | -315,657 | 0 |
| Investing Cash Flow | -8,000 | -277,000 | -315,657 | 29,277 |
| Financing Activities | ||||
| Debt Repayment | -1,306,000 | 0 | -36,219 | 0 |
| Common Stock Issued/Repurchased | 47,471,000 | 0 | 8,161,805 | 28,331,329 |
| Dividends Paid | 0 | 0 | 0 | 0 |
| Financing Cash Flow | 21,396,000 | 0 | 8,125,586 | 28,331,329 |
| Summary | ||||
| Free Cash Flow | -12,521,000 | -16,122,000 | -10,868,718 | -8,810,311 |
| Net Change in Cash | 9,181,000 | -16,262,000 | -2,738,877 | 19,521,018 |
| Cash Flow Statement (Annual) | 2025-06-30 | 2024-06-30 | 2023-06-30 | 2022-06-30 | 2021-06-30 |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Net Income | -46,885,000 | -18,459,000 | -13,225,102 | -10,252,538 | -8,163,590 |
| Depreciation & Amortization | 246,000 | 103,000 | 86,677 | 0 | 0 |
| Stock Based Compensation | 2,609,000 | 8,928,000 | 3,191,640 | 1,007,477 | 0 |
| Change in Working Capital | 6,775,000 | -9,468,000 | 476,971 | 843,638 | 0 |
| Operating Cash Flow | -12,513,000 | -15,845,000 | -10,553,060 | -8,810,311 | 0 |
| Investing Activities | |||||
| Capital Expenditure | -8,000 | -277,000 | -315,657 | 0 | 0 |
| Investments | -8,000 | -277,000 | -315,657 | 0 | 0 |
| Investing Cash Flow | -8,000 | -277,000 | -315,657 | 29,277 | 29,277 |
| Financing Activities | |||||
| Debt Repayment | -1,306,000 | 0 | -36,219 | 0 | 0 |
| Common Stock Issued/Repurchased | 47,471,000 | 0 | 8,161,805 | 28,331,329 | 12,401,230 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 |
| Financing Cash Flow | 21,396,000 | 0 | 8,125,586 | 28,331,329 | 12,401,230 |
| Summary | |||||
| Free Cash Flow | -12,521,000 | -16,122,000 | -10,868,718 | -8,810,311 | -6,910,280 |
| Net Change in Cash | 9,181,000 | -16,262,000 | -2,738,877 | 19,521,018 | 5,520,227 |