Income Statement
Balance Sheet
Cash Flow
| Line Item | FY 2025Jun 30, 2025 | FY 2024Jun 30, 2024 | FY 2023Jun 30, 2023 | FY 2022Jun 30, 2022 | FY 2021Jun 30, 2021 |
|---|---|---|---|---|---|
| Total Revenue | 5.9M | 1.6M | 2.0M | 2.0M | -- |
| Operating Revenue | 5.9M | 1.6M | 2.0M | 2.0M | -- |
| Cost Of Revenue | 8.3M | 3.9M | 3.3M | 2.4M | -- |
| Gross Profit | -2.4M | -2.3M | -1.4M | -463,000 | -- |
| Selling General And Administration | 6.3M | 5.3M | 5.4M | 4.6M | -- |
| General And Administrative Expense | 6.1M | 5.0M | 5.2M | 4.6M | -- |
| Research And Development | 3.1M | 2.8M | 1.8M | 1.4M | -- |
| Depreciation And Amortization In Income Statement | 233,000 | 492,000 | 4,000 | 4,000 | -- |
| Other Operating Expenses | -- | -- | -- | 45,000 | 2,000 |
| Operating Expense | 9.7M | 8.6M | 7.2M | 6.1M | -- |
| Operating Income | -12.1M | -11.0M | -8.6M | -6.5M | -- |
| EBIT | -12.3M | -10.2M | -7.8M | 13.4M | -- |
| Interest Expense | 6.8M | 3.9M | 1.8M | 2.0M | -- |
| Interest Expense Non Operating | 6.8M | 3.9M | 1.8M | 2.0M | -- |
| Interest Income | -- | 27,000 | 19,000 | 0.00 | 1.4M |
| Interest Income Non Operating | -- | 27,000 | 19,000 | 0.00 | 1.4M |
| Net Interest Income | -6.8M | -3.9M | -1.7M | -2.1M | -- |
| Other Income Expense | -144,000 | 716,000 | 762,000 | 20.1M | -- |
| Other Non Operating Income Expenses | 828,000 | 1.0M | 785,000 | 692,000 | -- |
| Special Income Charges | -1.0M | -274,000 | -15,000 | 19.7M | -- |
| Restructuring And Mergern Acquisition | -- | -- | 0.00 | -16.5M | 0.00 |
| Write Off | 166,000 | -10,000 | 15,000 | -74,000 | -- |
| Gain On Sale Of Security | 35,000 | -28,000 | -8,000 | -295,000 | -- |
| Pretax Income | -19.1M | -14.1M | -9.6M | 11.5M | -- |
| Tax Provision | -916,000 | 0.00 | -985,000 | -204,000 | -- |
| Tax Effect Of Unusual Items | -46,691 | 0.00 | -2,362 | 5.1M | -- |
| Net Income From Continuing And Discontinued Operation | -18.2M | -14.1M | -8.6M | 11.7M | -- |
| Net Income From Continuing Operation Net Minority Interest | -18.2M | -14.1M | -8.6M | 11.7M | -- |
| Net Income Including Noncontrolling Interests | -18.2M | -14.1M | -8.6M | 11.7M | -- |
| Net Income Common Stockholders | -18.2M | -14.1M | -8.6M | 11.7M | -- |
| Net Income | -18.2M | -14.1M | -8.6M | 11.7M | -- |
| EBITDA | -11.3M | -9.5M | -7.6M | 13.6M | -- |
| Normalized EBITDA | -10.4M | -9.2M | -7.6M | -5.8M | -- |
| Reconciled Depreciation | 906,000 | 695,000 | 198,000 | 140,000 | -- |
| Basic EPS | -0.95 | -0.75 | -0.47 | 0.91 | -- |
| Diluted EPS | -0.95 | -0.75 | -0.47 | 0.87 | -- |
| Basic Average Shares | 19.1M | 18.9M | 18.6M | 12.8M | -- |
| Diluted Average Shares | 19.1M | 18.9M | 18.6M | 13.5M | -- |
| Total Unusual Items | -972,000 | -302,000 | -23,000 | 19.4M | -- |
| Total Unusual Items Excluding Goodwill | -972,000 | -302,000 | -23,000 | 19.4M | -- |
| Tax Rate For Calcs | 0.05 | 0.00 | 0.10 | 0.26 | -- |
| Normalized Income | -17.2M | -13.8M | -8.6M | -2.6M | -- |
| Depreciation Amortization Depletion Income Statement | 233,000 | 492,000 | 4,000 | 4,000 | -- |
| Depreciation Income Statement | 233,000 | 492,000 | 4,000 | 4,000 | -- |
| Diluted NI Availto Com Stockholders | -18.2M | -14.1M | -8.6M | 11.7M | -- |
| Gain On Sale Of Ppe | -- | -- | 0.00 | 55,000 | 0.00 |
| Insurance And Claims | 188,000 | 155,000 | 98,000 | 115,000 | -- |
| Net Income Continuous Operations | -18.2M | -14.1M | -8.6M | 11.7M | -- |
| Net Non Operating Interest Income Expense | -6.8M | -3.9M | -1.7M | -2.1M | -- |
| Other Gand A | 1.6M | 1.7M | 1.3M | 1.0M | -- |
| Other Special Charges | 841,000 | 284,000 | -- | -3.1M | -- |
| Other Taxes | 92,000 | 85,000 | 52,000 | 80,000 | -- |
| Reconciled Cost Of Revenue | 7.7M | 3.7M | 3.1M | 2.3M | -- |
| Rent And Landing Fees | 857,000 | 811,000 | 1.1M | 992,000 | -- |
| Rent Expense Supplemental | 857,000 | 811,000 | 1.1M | 992,000 | -- |
| Salaries And Wages | 3.5M | 2.4M | 2.8M | 2.5M | -- |
| Selling And Marketing Expense | 214,000 | 234,000 | 146,000 | 35,000 | -- |
| Total Expenses | 18.0M | 12.6M | 10.6M | 8.5M | -- |
| Total Operating Income As Reported | -- | -- | -- | -- | -4.3M |
| Total Other Finance Cost | -- | 311,000 | -- | 95,000 | 85,000 |
| Line Item | FY 2025Jun 30, 2025 | FY 2024Jun 30, 2024 | FY 2023Jun 30, 2023 | FY 2022Jun 30, 2022 | FY 2021Jun 30, 2021 |
|---|---|---|---|---|---|
| Cash And Cash Equivalents | 5.0M | 610,000 | 4.2M | 187,000 | -- |
| Cash Cash Equivalents And Short Term Investments | 5.0M | 610,000 | 4.2M | 187,000 | -- |
| Cash Financial | 5.0M | 610,000 | 4.2M | 187,000 | -- |
| Accounts Receivable | 1.5M | 300,000 | 289,000 | 262,000 | -- |
| Receivables | 1.9M | 526,000 | 484,000 | 436,000 | -- |
| Inventory | 1.8M | 648,000 | 351,000 | 262,000 | -- |
| Prepaid Assets | 744,000 | 597,000 | 330,000 | 276,000 | -- |
| Other Current Assets | -- | -- | 1,000 | -- | -- |
| Current Assets | 9.5M | 2.4M | 5.4M | 1.2M | -- |
| Gross PPE | 24.9M | 18.7M | 16.8M | 16.3M | -- |
| Accumulated Depreciation | -17.8M | -16.9M | -16.2M | -16.0M | -- |
| Net PPE | 7.1M | 1.7M | 581,000 | 269,000 | -- |
| Total Non Current Assets | 7.1M | 1.7M | 581,000 | 269,000 | -- |
| Total Assets | 16.6M | 4.1M | 6.0M | 1.4M | -- |
| Current Debt | 579,000 | 538,000 | 469,000 | 486,000 | -- |
| Current Debt And Capital Lease Obligation | 1.2M | 1.0M | 469,000 | 486,000 | -- |
| Accounts Payable | 7.7M | 6.7M | -- | -- | -- |
| Payables | 8.0M | 7.0M | -- | -- | -- |
| Payables And Accrued Expenses | 8.0M | 7.0M | 6.0M | 5.0M | -- |
| Current Deferred Revenue | 390,000 | 196,000 | 265,000 | 257,000 | -- |
| Current Liabilities | 9.6M | 8.2M | 6.8M | 5.7M | -- |
| Long Term Debt | 44.4M | 21.4M | 12.1M | 5.5M | -- |
| Long Term Debt And Capital Lease Obligation | 44.5M | 22.1M | 12.1M | 5.5M | -- |
| Long Term Capital Lease Obligation | 98,000 | 644,000 | 0.00 | -- | -- |
| Other Non Current Liabilities | -1,000 | -- | -- | -- | -- |
| Total Non Current Liabilities Net Minority Interest | 44.5M | 22.1M | 12.1M | 5.5M | -- |
| Total Liabilities Net Minority Interest | 54.1M | 30.3M | 18.9M | 11.2M | -- |
| Common Stock | 125.3M | 122.1M | 121.8M | 121.8M | -- |
| Capital Stock | 125.3M | 122.1M | 121.8M | 121.8M | -- |
| Additional Paid In Capital | 25.5M | 20.6M | 20.6M | 15.6M | -- |
| Retained Earnings | -188.9M | -170.7M | -156.6M | -148.0M | -- |
| Gains Losses Not Affecting Retained Earnings | -104,000 | 593,000 | 90,000 | -44,000 | -- |
| Other Equity Adjustments | -104,000 | 593,000 | 90,000 | -44,000 | -- |
| Common Stock Equity | -37.5M | -26.2M | -12.9M | -9.8M | -- |
| Stockholders Equity | -37.5M | -26.2M | -12.9M | -9.8M | -- |
| Total Equity Gross Minority Interest | -37.5M | -26.2M | -12.9M | -9.8M | -- |
| Total Capitalization | 6.9M | -4.7M | -804,000 | -4.3M | -- |
| Net Tangible Assets | -37.5M | -26.2M | -12.9M | -9.8M | -- |
| Tangible Book Value | -37.5M | -26.2M | -12.9M | -9.8M | -- |
| Working Capital | -34,000 | -5.8M | -1.4M | -4.6M | -- |
| Invested Capital | 7.5M | -4.2M | -335,000 | -3.8M | -- |
| Total Debt | 45.7M | 23.1M | 12.6M | 6.0M | -- |
| Net Debt | 40.0M | 21.4M | 8.4M | 5.8M | -- |
| Share Issued | 21.0M | 18.9M | 18.6M | 18.6M | -- |
| Ordinary Shares Number | 21.0M | 18.9M | 18.6M | 18.6M | -- |
| Allowance For Doubtful Accounts Receivable | -206,000 | -43,000 | -45,000 | -29,000 | -- |
| Capital Lease Obligations | 686,000 | 1.1M | 0.00 | -- | -- |
| Construction In Progress | 2.8M | 0.00 | -- | -- | -- |
| Current Capital Lease Obligation | 588,000 | 497,000 | -- | -- | -- |
| Current Deferred Liabilities | 390,000 | 196,000 | 265,000 | 257,000 | -- |
| Current Notes Payable | 50,000 | 50,000 | -- | -- | -- |
| Finished Goods | 691,000 | 307,000 | 186,000 | 0.00 | -- |
| Gross Accounts Receivable | 1.7M | 343,000 | 334,000 | 291,000 | -- |
| Inventories Adjustments Allowances | -- | -- | 0.00 | -8,000 | -72,000 |
| Leases | 1.0M | 807,000 | 765,000 | 765,000 | -- |
| Machinery Furniture Equipment | 15.8M | 12.9M | 12.6M | 12.1M | -- |
| Other Current Borrowings | 529,000 | 488,000 | 469,000 | 486,000 | -- |
| Other Equity Interest | 679,000 | 1.3M | 1.3M | 908,000 | -- |
| Other Inventories | -- | 1,000 | -- | -- | -- |
| Other Payable | 281,000 | 280,000 | -- | -- | -- |
| Other Properties | 5.2M | 5.0M | 3.4M | 3.4M | -- |
| Other Receivables | 107,000 | 47,000 | 116,000 | 90,000 | -- |
| Properties | 0.00 | 0.00 | 0.00 | 0.00 | -- |
| Raw Materials | 958,000 | 206,000 | 31,000 | 42,000 | -- |
| Restricted Cash | 4,000 | 4,000 | 4,000 | 4,000 | -- |
| Taxes Receivable | 282,000 | 179,000 | 79,000 | 84,000 | -- |
| Work In Process | 195,000 | 134,000 | 134,000 | 228,000 | -- |
| Line Item | FY 2025Jun 30, 2025 | FY 2024Jun 30, 2024 | FY 2023Jun 30, 2023 | FY 2022Jun 30, 2022 | FY 2021Jun 30, 2021 |
|---|---|---|---|---|---|
| Operating Cash Flow | -11.5M | -8.7M | -5.6M | -5.1M | -- |
| Cash Flow From Continuing Operating Activities | -11.5M | -8.7M | -5.6M | -5.1M | -- |
| Depreciation And Amortization | 906,000 | 695,000 | 198,000 | 140,000 | -- |
| Depreciation Amortization Depletion | 906,000 | 695,000 | 198,000 | 140,000 | -- |
| Stock Based Compensation | 275,000 | 173,000 | 1.1M | 1.4M | -- |
| Deferred Tax | -916,000 | 0.00 | -985,000 | -204,000 | -- |
| Deferred Income Tax | -916,000 | 0.00 | -985,000 | -204,000 | -- |
| Change In Working Capital | -1.6M | 288,000 | 849,000 | -716,000 | -- |
| Change In Receivables | -1.4M | -41,000 | -49,000 | -9,000 | -- |
| Change In Inventory | -1.2M | -297,000 | -89,000 | 39,000 | -- |
| Change In Payables And Accrued Expense | 997,000 | 962,000 | 1.0M | -641,000 | -- |
| Change In Payable | -- | -- | 1.0M | -641,000 | -- |
| Change In Other Working Capital | 194,000 | -69,000 | 8,000 | 35,000 | -- |
| Other Non Cash Items | 6.8M | 4.2M | 1.8M | -17.6M | -- |
| Capital Expenditure | -6.2M | -340,000 | -515,000 | -111,000 | -- |
| Purchase Of PPE | -6.2M | -340,000 | -515,000 | -111,000 | -- |
| Net PPE Purchase And Sale | -6.2M | -340,000 | -515,000 | -56,000 | -- |
| Investing Cash Flow | -6.2M | -340,000 | -515,000 | -56,000 | -- |
| Cash Flow From Continuing Investing Activities | -6.2M | -340,000 | -515,000 | -56,000 | -- |
| Issuance Of Debt | 22.9M | 6.6M | 14.5M | 4.1M | -- |
| Repayment Of Debt | -828,000 | -706,000 | -3.3M | 0.00 | -- |
| Net Issuance Payments Of Debt | 22.0M | 5.9M | 11.2M | 4.1M | -- |
| Issuance Of Capital Stock | 0.00 | 68,000 | 0.00 | 992,000 | -- |
| Net Common Stock Issuance | 0.00 | 68,000 | 0.00 | 992,000 | -- |
| Financing Cash Flow | 22.0M | 6.0M | 11.0M | 5.1M | -- |
| Cash Flow From Continuing Financing Activities | 22.0M | 6.0M | 11.0M | 5.1M | -- |
| Effect Of Exchange Rate Changes | 74,000 | -521,000 | -888,000 | 34,000 | -- |
| Changes In Cash | 4.3M | -3.1M | 4.9M | -37,000 | -- |
| Beginning Cash Position | 614,000 | 4.2M | 191,000 | 194,000 | -- |
| End Cash Position | 5.0M | 614,000 | 4.2M | 191,000 | -- |
| Free Cash Flow | -17.7M | -9.1M | -6.1M | -5.2M | -- |
| Interest Paid Supplemental Data | -- | -- | 0.00 | 0.00 | 0.00 |
| Asset Impairment Charge | -- | 0.00 | 37,000 | 38,000 | 5,000 |
| Change In Account Payable | -- | -- | 1.1M | -676,000 | -- |
| Change In Prepaid Assets | -147,000 | -267,000 | -54,000 | -105,000 | -- |
| Common Stock Issuance | 0.00 | 68,000 | 0.00 | 992,000 | -- |
| Depreciation | 906,000 | 695,000 | 198,000 | 140,000 | -- |
| Gain Loss On Sale Of PPE | 0.00 | 9,000 | 0.00 | -55,000 | -- |
| Long Term Debt Issuance | 22.9M | 6.6M | 14.5M | 2.2M | -- |
| Long Term Debt Payments | -828,000 | -706,000 | -3.3M | 0.00 | -- |
| Net Foreign Currency Exchange Gain Loss | -35,000 | 28,000 | 8,000 | 295,000 | -- |
| Net Income From Continuing Operations | -18.2M | -14.1M | -8.6M | 11.7M | -- |
| Net Long Term Debt Issuance | 22.0M | 5.9M | 11.2M | 2.2M | -- |
| Net Other Financing Charges | -- | -- | -168,000 | -- | -- |
| Net Short Term Debt Issuance | 0.00 | 50,000 | 0.00 | 1.9M | -- |
| Operating Gains Losses | 1.1M | 37,000 | 8,000 | 240,000 | -- |
| Sale Of PPE | -- | -- | 0.00 | 55,000 | -- |
| Short Term Debt Issuance | 0.00 | 50,000 | 0.00 | 1.9M | -- |
| Short Term Debt Payments | -- | -- | -- | 0.00 | 0.00 |