| Income Statement (Quarterly) | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 |
|---|---|---|---|---|
| Revenue | 12,210,000 | 9,965,000 | 11,820,000 | 9,810,000 |
| Cost of Revenue | 10,559,000 | 9,933,000 | 9,695,000 | 9,086,000 |
| Gross Profit | 1,651,000 | 32,000 | 2,125,000 | 724,000 |
| Operating Expenses | ||||
| R&D Expenses | 0 | 0 | 0 | 0 |
| SG&A Expenses | 387,000 | 296,000 | 355,000 | 628,000 |
| Operating Expenses | 387,000 | 296,000 | 355,000 | 1,650,000 |
| Operating Income | 1,264,000 | -264,000 | 1,770,000 | 96,000 |
| Interest Expense | 3,361,000 | 3,742,000 | 3,644,000 | 4,401,000 |
| Income Before Tax | -712,000 | -4,036,000 | -1,871,000 | -4,378,000 |
| Income Tax Expense | 0 | 0 | 1,000 | 0 |
| Net Income | -712,000 | -4,036,000 | -1,872,000 | -4,378,000 |
| Per Share | ||||
| EPS | -0.97 | -5.50 | -2.55 | -5.96 |
| 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 | 0 | 41,886,000 | 42,027,000 | 31,534,000 | 14,668,000 |
| Cost of Revenue | 0 | 39,533,000 | 37,172,000 | 29,660,000 | 17,911,000 |
| Gross Profit | 0 | 2,353,000 | 4,855,000 | 1,874,000 | -3,243,000 |
| Operating Expenses | |||||
| R&D Expenses | 0 | 0 | 0 | 0 | 0 |
| SG&A Expenses | 1,327,000 | 1,682,000 | 1,793,000 | 1,130,000 | 796,000 |
| Operating Expenses | 1,327,000 | 1,682,000 | 1,793,000 | 1,130,000 | 2,875,000 |
| Operating Income | 3,871,000 | 671,000 | 3,062,000 | 744,000 | -6,118,000 |
| Interest Expense | 10,680,000 | 11,936,000 | 8,440,000 | 8,127,000 | 7,423,000 |
| Income Before Tax | -9,109,000 | -11,374,000 | -5,291,000 | -6,423,000 | -7,432,000 |
| Income Tax Expense | 1,000 | 1,000 | 7,912,000 | 142,000 | -2,146,000 |
| Net Income | -9,110,000 | -11,375,000 | -13,203,000 | -6,565,000 | -5,228,000 |
| Per Share | |||||
| EPS | -12.41 | -15.49 | -17.98 | -8.94 | -7.12 |
| 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 | 4,470,000 | 3,511,000 | 2,295,000 | 2,662,000 |
| Short Term Investments | 127,000 | 209,000 | 359,000 | 541,000 |
| Net Receivables | 397,000 | 519,000 | 419,000 | 377,000 |
| Inventory | 0 | 27,000 | 27,000 | 27,000 |
| Total Current Assets | 4,994,000 | 6,070,000 | 5,984,000 | 10,367,000 |
| Property Plant Equipment | 0 | 0 | 34,381,000 | 0 |
| Goodwill and Intangibles | 0 | 0 | 0 | 0 |
| Total Assets | 46,920,000 | 41,402,000 | 41,100,000 | 49,799,000 |
| Liabilities | ||||
| Account Payables | 16,634,000 | 15,233,000 | 11,681,000 | 8,542,000 |
| Short Term Debt | 0 | 0 | 107,240,000 | 2,288,000 |
| Total Current Liabilities | 16,634,000 | 26,748,000 | 18,964,000 | 13,580,000 |
| Long Term Debt | 0 | 129,664,000 | 125,771,000 | 126,651,000 |
| Total Liabilities | 171,040,000 | 156,412,000 | 144,735,000 | 140,231,000 |
| Shareholders Equity | ||||
| Retained Earnings | -126,212,000 | -117,102,000 | -105,727,000 | -92,524,000 |
| Total Shareholders Equity | -124,120,000 | -115,010,000 | -103,635,000 | -90,432,000 |
| Balance Sheet (Annual) | 2025-06-30 | 2024-06-30 | 2023-06-30 | 2022-06-30 | 2021-06-30 |
|---|---|---|---|---|---|
| Assets | |||||
| Cash and Cash Equivalents | 4,470,000 | 3,511,000 | 2,295,000 | 2,662,000 | 2,310,000 |
| Short Term Investments | 127,000 | 209,000 | 359,000 | 541,000 | 3,536,000 |
| Net Receivables | 397,000 | 519,000 | 419,000 | 377,000 | 194,000 |
| Inventory | 0 | 27,000 | 27,000 | 27,000 | 37,000 |
| Total Current Assets | 4,994,000 | 6,070,000 | 5,984,000 | 10,367,000 | 12,680,000 |
| Property Plant Equipment | 0 | 0 | 34,381,000 | 0 | 0 |
| Goodwill and Intangibles | 0 | 0 | 0 | 0 | 0 |
| Total Assets | 46,920,000 | 41,402,000 | 41,100,000 | 49,799,000 | 52,551,000 |
| Liabilities | |||||
| Account Payables | 16,634,000 | 15,233,000 | 11,681,000 | 8,542,000 | 10,823,000 |
| Short Term Debt | 0 | 0 | 107,240,000 | 2,288,000 | 0 |
| Total Current Liabilities | 16,634,000 | 26,748,000 | 18,964,000 | 13,580,000 | 12,538,000 |
| Long Term Debt | 0 | 129,664,000 | 125,771,000 | 126,651,000 | 123,536,000 |
| Total Liabilities | 171,040,000 | 156,412,000 | 144,735,000 | 140,231,000 | 136,074,000 |
| Shareholders Equity | |||||
| Retained Earnings | -126,212,000 | -117,102,000 | -105,727,000 | -92,524,000 | -84,960,000 |
| Total Shareholders Equity | -124,120,000 | -115,010,000 | -103,635,000 | -90,432,000 | -82,868,000 |
| Cash Flow Statement (Quarterly) | 2025-06-30 | 2024-06-30 | 2023-06-30 | 2022-06-30 |
|---|---|---|---|---|
| Operating Activities | ||||
| Net Income | -9,110,000 | -11,375,000 | -13,203,000 | -6,565,000 |
| Depreciation & Amortization | -409,000 | 3,394,000 | 2,715,000 | 2,209,000 |
| Stock Based Compensation | 0 | 0 | 0 | 0 |
| Change in Working Capital | 0 | 7,652,000 | 13,740,000 | 5,051,000 |
| Operating Cash Flow | -2,148,000 | 108,000 | 2,741,000 | -2,761,000 |
| Investing Activities | ||||
| Capital Expenditure | 0 | -4,078,000 | -5,866,000 | -1,926,000 |
| Investments | 0 | -4,078,000 | -5,866,000 | -1,926,000 |
| Investing Cash Flow | -2,252,000 | -4,078,000 | -5,866,000 | -2,270,000 |
| Financing Activities | ||||
| Debt Repayment | 0 | 5,016,000 | -2,057,000 | -2,113,000 |
| Common Stock Issued/Repurchased | 0 | 0 | 0 | 0 |
| Dividends Paid | 0 | 0 | 0 | 0 |
| Financing Cash Flow | 11,347,000 | 3,539,000 | -557,000 | 5,387,000 |
| Summary | ||||
| Free Cash Flow | -2,148,000 | -3,970,000 | -3,125,000 | -4,687,000 |
| Net Change in Cash | 6,947,000 | -431,000 | -3,682,000 | 356,000 |
| Cash Flow Statement (Annual) | 2025-06-30 | 2024-06-30 | 2023-06-30 | 2022-06-30 | 2021-06-30 |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Net Income | -9,110,000 | -11,375,000 | -13,203,000 | -6,565,000 | -5,228,000 |
| Depreciation & Amortization | -409,000 | 3,394,000 | 2,715,000 | 2,209,000 | 1,847,000 |
| Stock Based Compensation | 0 | 0 | 0 | 0 | 0 |
| Change in Working Capital | 0 | 7,652,000 | 13,740,000 | 5,051,000 | 1,465,000 |
| Operating Cash Flow | -2,148,000 | 108,000 | 2,741,000 | -2,761,000 | -10,687,000 |
| Investing Activities | |||||
| Capital Expenditure | 0 | -4,078,000 | -5,866,000 | -1,926,000 | -1,068,000 |
| Investments | 0 | -4,078,000 | -5,866,000 | -1,926,000 | -1,068,000 |
| Investing Cash Flow | -2,252,000 | -4,078,000 | -5,866,000 | -2,270,000 | -755,000 |
| Financing Activities | |||||
| Debt Repayment | 0 | 5,016,000 | -2,057,000 | -2,113,000 | -2,011,000 |
| Common Stock Issued/Repurchased | 0 | 0 | 0 | 0 | 0 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 |
| Financing Cash Flow | 11,347,000 | 3,539,000 | -557,000 | 5,387,000 | 3,589,000 |
| Summary | |||||
| Free Cash Flow | -2,148,000 | -3,970,000 | -3,125,000 | -4,687,000 | -11,755,000 |
| Net Change in Cash | 6,947,000 | -431,000 | -3,682,000 | 356,000 | -7,853,000 |