| Income Statement (Quarterly) | 2025-07-31 | 2025-01-31 | 2024-10-31 | 2024-07-31 |
|---|---|---|---|---|
| Revenue | 1,426,000 | 0 | 0 | 0 |
| Cost of Revenue | 590,000 | 0 | 0 | 224,000 |
| Gross Profit | 836,000 | 0 | 0 | -224,000 |
| Operating Expenses | ||||
| R&D Expenses | 0 | 0 | 0 | 0 |
| SG&A Expenses | 44,683,000 | 30,346,000 | 29,201,000 | 17,601,000 |
| Operating Expenses | 59,845,000 | 42,940,000 | 45,811,000 | 44,215,000 |
| Operating Income | -59,009,000 | -42,940,000 | -45,811,000 | -44,215,000 |
| Interest Expense | 3,522,000 | 2,842,000 | 0 | 0 |
| Income Before Tax | -57,939,000 | -44,262,000 | -42,268,000 | -40,443,000 |
| Income Tax Expense | 2,157,000 | 4,247,000 | 0 | 0 |
| Net Income | -60,096,000 | -48,509,000 | -42,268,000 | -40,443,000 |
| Per Share | ||||
| EPS | -1.12 | -0.92 | -0.91 | -0.87 |
| EPS Diluted | 0.00 | 0.00 | 0.00 | 0.00 |
| Income Statement (Annual) | 2025-04-30 | 2024-04-30 | 2023-04-30 | 2022-04-30 | 2021-04-30 |
|---|---|---|---|---|---|
| Revenue | 0 | 0 | 0 | 0 | 0 |
| Cost of Revenue | 941,000 | 86,167,000 | 802,000 | 743,000 | 0 |
| Gross Profit | -941,000 | -86,167,000 | -802,000 | -743,000 | 0 |
| Operating Expenses | |||||
| R&D Expenses | 0 | 0 | 0 | 0 | 0 |
| SG&A Expenses | 116,286,000 | 54,278,000 | 30,595,000 | 26,446,000 | 16,637,000 |
| Operating Expenses | 187,995,000 | 54,278,000 | 110,871,000 | 96,613,000 | 57,923,000 |
| Operating Income | -187,995,000 | -140,445,000 | -110,871,000 | -96,613,000 | -57,923,000 |
| Interest Expense | 5,785,000 | 0 | 0 | 1,090,000 | 0 |
| Income Before Tax | -180,052,000 | -135,096,000 | -92,907,000 | -82,339,000 | -46,244,000 |
| Income Tax Expense | 3,392,000 | -8,452,000 | -18,054,000 | -13,827,000 | 0 |
| Net Income | -183,444,000 | -126,644,000 | -74,853,000 | -68,512,000 | -46,244,000 |
| Per Share | |||||
| EPS | -3.69 | -3.44 | -2.68 | -2.80 | -2.42 |
| EPS Diluted | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Balance Sheet (Quarterly) | 2025-04-30 | 2024-04-30 | 2023-04-30 | 2022-04-30 |
|---|---|---|---|---|
| Assets | ||||
| Cash and Cash Equivalents | 98,644,000 | 31,789,000 | 56,238,000 | 30,732,000 |
| Short Term Investments | 89,002,000 | 178,612,000 | 93,137,000 | 135,470,000 |
| Net Receivables | 15,141,000 | 10,871,000 | 16,568,000 | 14,098,000 |
| Inventory | 0 | 0 | 0 | 2,709,000 |
| Total Current Assets | 241,690,000 | 225,690,000 | 172,326,000 | 193,647,000 |
| Property Plant Equipment | 1,988,000 | 9,147,000 | 10,770,000 | 10,040,000 |
| Goodwill and Intangibles | 0 | 0 | 0 | 0 |
| Total Assets | 250,770,000 | 235,404,000 | 183,202,000 | 203,880,000 |
| Liabilities | ||||
| Account Payables | 4,883,000 | 9,107,000 | 4,817,000 | 3,638,000 |
| Short Term Debt | 3,954,000 | 1,302,000 | 1,087,000 | 977,000 |
| Total Current Liabilities | 45,167,000 | 22,807,000 | 15,032,000 | 11,576,000 |
| Long Term Debt | 4,330,000 | 6,015,000 | 7,145,000 | 7,211,000 |
| Total Liabilities | 155,379,000 | 28,822,000 | 22,177,000 | 18,787,000 |
| Shareholders Equity | ||||
| Retained Earnings | -653,170,000 | -469,726,000 | -343,082,000 | -250,175,000 |
| Total Shareholders Equity | 95,391,000 | 206,582,000 | 161,025,000 | 185,093,000 |
| Balance Sheet (Annual) | 2025-04-30 | 2024-04-30 | 2023-04-30 | 2022-04-30 | 2021-04-30 |
|---|---|---|---|---|---|
| Assets | |||||
| Cash and Cash Equivalents | 98,644,000 | 31,789,000 | 56,238,000 | 30,732,000 | 50,592,000 |
| Short Term Investments | 89,002,000 | 178,612,000 | 93,137,000 | 135,470,000 | 198,337,000 |
| Net Receivables | 15,141,000 | 10,871,000 | 16,568,000 | 14,098,000 | 10,418,000 |
| Inventory | 0 | 0 | 0 | 2,709,000 | 0 |
| Total Current Assets | 241,690,000 | 225,690,000 | 172,326,000 | 193,647,000 | 264,264,000 |
| Property Plant Equipment | 1,988,000 | 9,147,000 | 10,770,000 | 10,040,000 | 7,549,000 |
| Goodwill and Intangibles | 0 | 0 | 0 | 0 | 0 |
| Total Assets | 250,770,000 | 235,404,000 | 183,202,000 | 203,880,000 | 272,013,000 |
| Liabilities | |||||
| Account Payables | 4,883,000 | 9,107,000 | 4,817,000 | 3,638,000 | 1,981,000 |
| Short Term Debt | 3,954,000 | 1,302,000 | 1,087,000 | 977,000 | 863,000 |
| Total Current Liabilities | 45,167,000 | 22,807,000 | 15,032,000 | 11,576,000 | 9,774,000 |
| Long Term Debt | 4,330,000 | 6,015,000 | 7,145,000 | 7,211,000 | 5,046,000 |
| Total Liabilities | 155,379,000 | 28,822,000 | 22,177,000 | 18,787,000 | 14,820,000 |
| Shareholders Equity | |||||
| Retained Earnings | -653,170,000 | -469,726,000 | -343,082,000 | -250,175,000 | -167,836,000 |
| Total Shareholders Equity | 95,391,000 | 206,582,000 | 161,025,000 | 185,093,000 | 257,193,000 |
| Cash Flow Statement (Quarterly) | 2025-04-30 | 2024-04-30 | 2023-04-30 | 2022-04-30 |
|---|---|---|---|---|
| Operating Activities | ||||
| Net Income | -183,444,000 | -126,644,000 | -92,907,000 | -82,339,000 |
| Depreciation & Amortization | 955,000 | 816,000 | 718,000 | 564,000 |
| Stock Based Compensation | 0 | 21,915,000 | 9,922,000 | 11,086,000 |
| Change in Working Capital | 22,281,000 | 15,167,000 | 7,413,000 | -12,322,000 |
| Operating Cash Flow | -152,907,000 | -89,231,000 | -75,261,000 | -78,134,000 |
| Investing Activities | ||||
| Capital Expenditure | -434,000 | -443,000 | -1,196,000 | -931,000 |
| Investments | 0 | 0 | -1,196,000 | -931,000 |
| Investing Cash Flow | 91,024,000 | -84,719,000 | 41,415,000 | 57,860,000 |
| Financing Activities | ||||
| Debt Repayment | 98,040,000 | 0 | 0 | 0 |
| Common Stock Issued/Repurchased | 61,687,000 | 96,945,000 | 56,582,000 | 1,581,000 |
| Dividends Paid | 0 | 0 | 0 | 0 |
| Financing Cash Flow | 159,727,000 | 150,714,000 | 58,116,000 | 1,581,000 |
| Summary | ||||
| Free Cash Flow | -152,907,000 | -89,674,000 | -76,457,000 | -79,065,000 |
| Net Change in Cash | 100,483,000 | -24,449,000 | 25,506,000 | -19,860,000 |
| Cash Flow Statement (Annual) | 2025-04-30 | 2024-04-30 | 2023-04-30 | 2022-04-30 | 2021-04-30 |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Net Income | -183,444,000 | -126,644,000 | -92,907,000 | -82,339,000 | -46,244,000 |
| Depreciation & Amortization | 955,000 | 816,000 | 718,000 | 564,000 | 537,000 |
| Stock Based Compensation | 0 | 21,915,000 | 9,922,000 | 11,086,000 | 7,118,000 |
| Change in Working Capital | 22,281,000 | 15,167,000 | 7,413,000 | -12,322,000 | 8,346,000 |
| Operating Cash Flow | -152,907,000 | -89,231,000 | -75,261,000 | -78,134,000 | -30,171,000 |
| Investing Activities | |||||
| Capital Expenditure | -434,000 | -443,000 | -1,196,000 | -931,000 | -82,000 |
| Investments | 0 | 0 | -1,196,000 | -931,000 | -82,000 |
| Investing Cash Flow | 91,024,000 | -84,719,000 | 41,415,000 | 57,860,000 | -147,654,000 |
| Financing Activities | |||||
| Debt Repayment | 98,040,000 | 0 | 0 | 0 | 0 |
| Common Stock Issued/Repurchased | 61,687,000 | 96,945,000 | 56,582,000 | 1,581,000 | 210,582,000 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 |
| Financing Cash Flow | 159,727,000 | 150,714,000 | 58,116,000 | 1,581,000 | 212,117,000 |
| Summary | |||||
| Free Cash Flow | -152,907,000 | -89,674,000 | -76,457,000 | -79,065,000 | -30,253,000 |
| Net Change in Cash | 100,483,000 | -24,449,000 | 25,506,000 | -19,860,000 | 34,803,000 |