$56.89M
Revenue
$-2.73M
Net Income
7.37%
Gross Margin
-4.73%
Op. Margin
$45.61K
Free Cash Flow
| Breakdown | TTM (Dec 31, 2025) |
FY 2025 (Jun 30, 2025) |
FY 2024 (Jun 30, 2024) |
FY 2023 (Jun 30, 2023) |
FY 2022 (Jun 30, 2022) |
FY 2021 (Jun 30, 2021) |
FY 2020 (Jun 30, 2020) |
FY 2019 (Jun 30, 2019) |
FY 2018 (Jun 30, 2018) |
FY 2017 (Jun 30, 2017) |
FY 2016 (Jun 30, 2016) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $56.89M | $71.62M | $23.98M | $7.05M | $17.08M | $175.14K | $1.41M | - | $10.57K | $140.77K | - |
| Revenue Growth % | -20.6% | 198.7% | 240.3% | -58.8% | 9652.8% | -87.6% | nan% | nan% | -92.5% | nan% | nan% |
| Cost of Revenue | $52.70M | $69.17M | $23.50M | $6.70M | $16.13M | $81.14K | $146.38K | - | $4.82K | $85.40K | - |
| Gross Profit | $4.19M | $2.44M | $474.11K | $340.93K | $955.67K | $94.00K | $1.27M | - | $5.75K | $55.38K | - |
| Gross Margin % | 7.4% | 3.4% | 2.0% | 4.8% | 5.6% | 53.7% | 89.7% | nan% | 54.4% | 39.3% | nan% |
| Operating Expenses | $6.88M | $7.60M | $12.60M | $10.03M | $8.19M | $4.96M | $3.17M | $1.50M | $1.67M | $1.31M | $1.12M |
| Research & Development | $1.98M | $915.00K | $359.34K | $921.02K | $1.26M | $851.84K | $1.11M | $168.25K | $361.62K | $203.60K | - |
| Operating Income | $-2.69M | $-5.15M | $-12.13M | $-9.69M | $-7.24M | $-4.86M | $-1.91M | $-1.50M | - | - | - |
| Operating Margin % | -4.7% | -7.2% | -50.6% | -137.5% | -42.4% | -2775.7% | -134.7% | nan% | nan% | nan% | nan% |
| Interest Expense | $91.74K | $38.21K | $20.52K | $25.50K | - | - | - | - | $274.00 | $-1.01K | - |
| Interest Income | $162.00 | $5.02K | $1.98K | $219.00 | $50.50K | - | - | - | - | - | - |
| Other Income/Expense | $-30.12K | $70.17K | $-97.89K | $-13.01K | $75.08K | $-25.55K | $-2.50K | $-1.73K | $57.56K | $60.37K | $-2.54K |
| Income Before Tax | $-2.72M | $-5.08M | $-12.22M | $-9.70M | $-7.11M | $-4.88M | $-1.86M | $-1.50M | $-1.66M | $-1.25M | $-1.12M |
| Income Tax Expense | - | $6.60K | - | - | - | - | $5.16K | - | - | - | - |
| Net Income | $-2.73M | $-5.09M | $-11.38M | $-9.48M | $-6.52M | $-4.65M | $-1.86M | $-1.43M | $-1.60M | $-1.19M | $-1.12M |
| Net Margin % | -4.8% | -7.1% | -47.5% | -134.6% | -38.2% | -2654.2% | -131.7% | nan% | -15174.9% | -847.6% | nan% |
| Basic EPS | -0.30 | -0.77 | -4.38 | -0.38 | -0.27 | -0.22 | nan | nan | nan | nan | nan |
| Diluted EPS | -0.30 | -0.77 | -4.38 | -0.38 | -0.27 | -0.22 | nan | nan | nan | nan | nan |
| Basic Shares Outstanding | 9.2M | 6.6M | 2.6M | 25.0M | 24.0M | 21.3M | - | - | - | - | - |
| Diluted Shares Outstanding | 9.2M | 6.6M | 2.6M | 25.0M | 24.0M | 21.3M | - | - | - | - | - |
| Breakdown | FY 2025 (Jun 30, 2025) |
FY 2024 (Jun 30, 2024) |
FY 2023 (Jun 30, 2023) |
FY 2022 (Jun 30, 2022) |
FY 2021 (Jun 30, 2021) |
FY 2020 (Jun 30, 2020) |
FY 2019 (Jun 30, 2019) |
FY 2018 (Jun 30, 2018) |
FY 2017 (Jun 30, 2017) |
FY 2016 (Jun 30, 2016) |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Cash Equivalents | $620.81K | $181.26K | $19.73K | $164.22K | $49.68K | $1.07M | $6.07M | $1.03M | $1.17M | $11.80K |
| Accounts Receivable | $1.37M | $718.55K | $255.72K | $259.41K | $1.86K | $1.12K | - | - | $221.00 | - |
| Inventory | $206.61K | $153.58K | $241.38K | $211.35K | $194.26K | $105.21K | $73.29K | $75.91K | $101.30K | - |
| Other Current Assets | $583.65K | $1.49M | $701.42K | $575.31K | $468.62K | $2.06M | - | - | - | - |
| Total Current Assets | $2.92M | $2.65M | $1.29M | $1.26M | $885.99K | $3.90M | $6.25M | $1.24M | $1.37M | $336.05K |
| Property Plant & Equipment | $25.56K | $48.47K | $85.93K | $187.83K | $309.41K | $291.03K | $41.12K | $55.27K | $59.29K | $102.50K |
| Intangible Assets | $3.50M | $546.00K | $1.19M | $1.74M | $1.09M | $20.69K | $555.81K | $13.89K | $13.78K | $12.38K |
| Long-term Investments | - | - | $55.36K | $29.80K | - | - | - | - | - | - |
| Total Assets | $6.74M | $3.29M | $2.75M | $3.76M | $3.90M | $4.91M | $7.45M | $1.38M | $1.44M | $450.93K |
| Accounts Payable | $420.04K | $1.08M | $1.01M | $197.57K | - | - | - | - | - | - |
| Short-term Debt | - | - | $594.91K | - | - | - | - | - | - | - |
| Accrued Liabilities | - | - | - | $197.57K | $174.72K | $46.98K | $13.09K | $13.50K | $13.26K | $197.97K |
| Deferred Revenue | $150.09K | $49.24K | $609.17K | $289.89K | $46.44K | - | $1.32M | $3.00K | - | - |
| Total Current Liabilities | $3.63M | $3.60M | $4.91M | $2.12M | $3.26M | $689.49K | $1.68M | $190.84K | $885.35K | $450.38K |
| Total Liabilities | $3.79M | $3.60M | $6.33M | $2.16M | $3.82M | $1.03M | $1.68M | - | - | - |
| Common Stock | $8.13K | $3.59K | $27.78K | $24.32K | $21.47K | $20.94K | $20.94K | $19.17K | $56.61K | $55.39K |
| Retained Earnings | $-44.53M | $-39.44M | $-28.06M | $-18.58M | $-12.06M | $-7.41M | $-5.55M | $-4.12M | $-2.52M | $-1.33M |
| Total Stockholders Equity | $2.95M | $-236.75K | $-3.52M | $2.45M | $319.65K | $3.88M | $5.77M | $1.19M | $558.63K | $559.00 |
| Total Liabilities & Equity | $6.74M | $3.29M | $2.75M | $3.76M | $3.90M | $4.91M | $7.45M | $1.38M | $1.44M | $450.93K |
| Breakdown | TTM (Dec 31, 2025) |
FY 2025 (Jun 30, 2025) |
FY 2024 (Jun 30, 2024) |
FY 2023 (Jun 30, 2023) |
FY 2022 (Jun 30, 2022) |
FY 2021 (Jun 30, 2021) |
FY 2020 (Jun 30, 2020) |
FY 2019 (Jun 30, 2019) |
FY 2018 (Jun 30, 2018) |
FY 2017 (Jun 30, 2017) |
FY 2016 (Jun 30, 2016) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | $-5.83M | $-5.09M | $-11.38M | $-9.48M | $-6.52M | $-4.65M | $-1.86M | $-1.43M | $-1.60M | $-1.19M | $-1.12M |
| Depreciation & Amortization | $2.72M | $1.14M | $494.48K | $701.43K | $577.82K | - | - | - | - | - | - |
| Stock-based Compensation | $3.36M | $1.89M | $6.75M | $4.38M | $642.00K | - | - | - | - | - | - |
| Change in Receivables | $336.82K | $658.71K | $717.22K | $15.39K | $267.77K | $613.00 | $1.13K | - | $-225.00 | $-221.00 | - |
| Change in Inventory | $87.30K | $153.18K | $-91.08K | $46.92K | $25.32K | $-33.17K | $78.64K | $-279.00 | $-27.20K | $-90.12K | - |
| Change in Payables | $-823.61K | $-651.89K | $597.74K | $839.74K | $26.24K | $122.64K | $34.57K | - | - | $-180.02K | $204.75K |
| Operating Cash Flow | $45.61K | $-2.37M | $-6.40M | $-3.14M | $-5.14M | $-3.95M | $-4.57M | $75.95K | $-1.48M | $-1.15M | $-1.14M |
| Capital Expenditure | - | $8.13K | $6.87K | $3.88K | - | - | - | - | - | - | - |
| Investing Cash Flow | $-8.47M | $-4.09M | $-167.96K | $-113.13K | $-1.13M | $-168.69K | $-306.81K | $-566.38K | $-27.45K | $-10.68K | $-87.29K |
| Stock Issued | - | $5.94M | $8.06M | - | $7.68M | $931.00K | - | $307.44K | $1.43M | $1.69M | $442.03K |
| Financing Cash Flow | $9.07M | $6.95M | $6.84M | $3.11M | $6.38M | $2.45M | $-84.84K | $5.61M | $1.24M | $2.32M | $1.23M |
| Net Change in Cash | $614.98K | $439.55K | $161.53K | $-144.49K | $114.54K | $-1.62M | $-5.01M | $5.04M | $-143.46K | $1.16M | $5.90K |
SEC Filing Format - Data shown as it appears in the Q2 2026 (10-Q) filing
Period ended: Dec 31, 2025
Condensed Consolidated Statements of Operations
| Description | Dec 31, 2025 | Dec 31, 2025 | ||
|---|---|---|---|---|
| Current | Prior Year | Current YTD | Prior Year YTD | |
| Total Revenue | $13.00M | - | $26.81M | - |
| Cost of Revenue | $11.80M | - | $24.45M | - |
| Gross Profit | $1.19M | - | $2.36M | - |
| Operating Expenses | $1.71M | - | $3.17M | - |
| Research & Development | $733.24K | - | $1.25M | - |
| Operating Income | $-516.58K | - | $-805.20K | - |
| Interest Expense | - | - | $37.42K | - |
| Interest Income | $54.00 | - | $76.00 | - |
| Other Income/Expense | $-22.14K | - | $65.30K | - |
| Income Before Tax | $-538.67K | - | $-739.83K | - |
| Net Income | $-538.76K | - | $-739.78K | - |
| Basic EPS | -0.06 | - | -0.09 | - |
| Diluted EPS | -0.06 | - | -0.09 | - |
Condensed Consolidated Balance Sheets
| Description | Dec 31, 2025 | Jun 30, 2025 |
|---|---|---|
| Cash & Cash Equivalents | $671.78K | $620.81K |
| Accounts Receivable | $1.29M | $1.37M |
| Inventory | $151.51K | $206.61K |
| Other Current Assets | $847.24K | $583.65K |
| Total Current Assets | $3.02M | $2.92M |
| Property Plant & Equipment | $23.34K | $25.56K |
| Intangible Assets | $5.30M | $3.50M |
| Total Assets | $8.64M | $6.74M |
| Accounts Payable | $335.63K | $420.04K |
| Deferred Revenue | $90.08K | $150.09K |
| Total Current Liabilities | $5.04M | $3.63M |
| Total Liabilities | $5.17M | $3.79M |
| Common Stock | $10.15K | $8.13K |
| Retained Earnings | $-45.27M | $-44.53M |
| Total Stockholders Equity | $3.48M | $2.95M |
| Total Liabilities & Equity | $8.64M | $6.74M |
Condensed Consolidated Statements of Cash Flows
| Description | Dec 31, 2025 | Dec 31, 2025 | ||
|---|---|---|---|---|
| Current | Prior Year | Current YTD | Prior Year YTD | |
| Net Income | $-538.76K | - | $-739.78K | - |
| Depreciation & Amortization | - | - | $1.12M | - |
| Stock-based Compensation | - | - | $1.22M | - |
| Change in Receivables | - | - | $-110.07K | - |
| Change in Inventory | - | - | $-58.28K | - |
| Change in Payables | - | - | $-86.92K | - |
| Operating Cash Flow | - | - | $1.54M | - |
| Capital Expenditure | - | - | $340.00 | - |
| Investing Cash Flow | - | - | $-2.83M | - |
| Debt Repayment | $28.15K | - | $77.41K | - |
| Financing Cash Flow | - | - | $1.33M | - |
| Net Change in Cash | - | - | $50.98K | - |
All values are in USD (United States Dollars). Data is sourced from SEC EDGAR 10-K filings.
Annual data represents full fiscal year results. FY = Fiscal Year ending.