$96.97M
Revenue
$-35.51M
Net Income
16.37%
Gross Margin
-35.89%
Op. Margin
$-14.89M
Free Cash Flow
| Breakdown | TTM (Dec 31, 2025) |
FY 2025 (Jun 30, 2025) |
FY 2024 (Jun 30, 2024) |
FY 2023 (Jun 30, 2023) |
|---|---|---|---|---|
| Total Revenue | $96.97M | $127.49M | $151.91M | $115.61M |
| Revenue Growth % | -23.9% | -16.1% | 31.4% | nan% |
| Cost of Revenue | $81.09M | $104.84M | $122.13M | $94.53M |
| Gross Profit | $15.87M | $22.65M | $29.78M | $21.08M |
| Gross Margin % | 16.4% | 17.8% | 19.6% | 18.2% |
| Operating Expenses | $50.67M | $60.50M | $43.68M | $25.64M |
| Operating Income | $-34.80M | $-37.85M | $-13.89M | $-4.57M |
| Operating Margin % | -35.9% | -29.7% | -9.1% | -4.0% |
| Interest Expense | $474.83K | $150.28K | $15.23K | - |
| Interest Income | - | - | $365.25K | $195.21K |
| Other Income/Expense | $-212.43K | $-187.09K | $113.41K | $-284.17K |
| Income Before Tax | $-34.63M | $-38.04M | $-13.49M | $-4.85M |
| Income Tax Expense | $879.58K | $1.20M | $1.28M | $1.25M |
| Net Income | $-35.51M | $-39.24M | $-14.77M | $-6.10M |
| Net Margin % | -36.6% | -30.8% | -9.7% | -5.3% |
| Basic EPS | -0.63 | -0.69 | -0.27 | -0.12 |
| Diluted EPS | -0.63 | -0.69 | -0.27 | -0.12 |
| Basic Shares Outstanding | 57.3M | 56.9M | 54.8M | 50.7M |
| Diluted Shares Outstanding | 57.3M | 56.9M | 54.8M | 50.7M |
| Breakdown | FY 2025 (Jun 30, 2025) |
FY 2024 (Jun 30, 2024) |
FY 2023 (Jun 30, 2023) |
|---|---|---|---|
| Cash & Cash Equivalents | $24.35M | $35.07M | $40.30M |
| Short-term Investments | - | - | $9.13M |
| Accounts Receivable | $39.66M | $59.73M | $24.53M |
| Inventory | $6.65M | $6.37M | $7.47M |
| Other Current Assets | $2.24M | $1.40M | $3.38M |
| Total Current Assets | $72.91M | $102.57M | $84.81M |
| Property Plant & Equipment | $2.95M | $2.58M | $1.09M |
| Intangible Assets | $2.23M | $1.38M | - |
| Other Non-current Assets | $210.62K | $284.05K | $5.88M |
| Total Assets | $102.22M | $122.64M | $90.69M |
| Accounts Payable | $4.17M | $3.78M | $1.27M |
| Deferred Revenue | $4.86M | $2.22M | $988.56K |
| Total Current Liabilities | $72.54M | $85.99M | $55.96M |
| Total Liabilities | $101.61M | $88.18M | $59.32M |
| Common Stock | $5.72K | $5.65K | $5.42K |
| Retained Earnings | $-48.07M | $-8.83M | $5.85M |
| Total Stockholders Equity | $604.69K | $34.46M | $31.37M |
| Total Liabilities & Equity | $102.22M | $122.64M | $90.69M |
| Breakdown | TTM (Dec 31, 2025) |
FY 2025 (Jun 30, 2025) |
FY 2024 (Jun 30, 2024) |
FY 2023 (Jun 30, 2023) |
|---|---|---|---|---|
| Net Income | $-35.51M | $-39.24M | $-14.77M | $-6.10M |
| Depreciation & Amortization | $1.55M | $812.48K | $505.65K | $46.66K |
| Stock-based Compensation | $8.31M | $5.62M | $6.38M | - |
| Change in Receivables | $5.41M | $9.33M | $41.30M | $19.58M |
| Change in Inventory | $902.04K | $1.04M | $-901.12K | $-7.11M |
| Change in Payables | $3.26M | $10.77M | $17.89M | $10.57M |
| Operating Cash Flow | $-13.71M | $-7.37M | $-18.30M | $-7.58M |
| Capital Expenditure | $1.19M | $1.10M | $1.97M | $1.02M |
| Purchases of Investments | - | - | $2.00M | - |
| Investing Cash Flow | $-6.24M | $-5.20M | $2.99M | $-10.15M |
| Stock Repurchased | - | $60.49K | - | - |
| Dividends Paid | - | - | - | $3.36M |
| Financing Cash Flow | $851.15K | $1.85M | $10.08M | $-16.44M |
| Net Change in Cash | - | - | - | $-34.18M |
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 | $20.29M | - | $50.64M | - |
| Cost of Revenue | $16.81M | - | $42.02M | - |
| Gross Profit | $3.47M | - | $8.62M | - |
| Operating Expenses | $10.35M | - | $18.19M | - |
| Operating Income | $-6.87M | - | $-9.57M | - |
| Interest Expense | $100.19K | - | $212.37K | - |
| Interest Income | $104.92K | - | $200.39K | - |
| Other Income/Expense | $83.57K | - | $12.99K | - |
| Income Before Tax | $-6.50M | - | $-9.27M | - |
| Income Tax Expense | $106.59K | - | $592.65K | - |
| Net Income | $-6.60M | - | $-9.86M | - |
| Basic EPS | -0.12 | - | -0.17 | - |
| Diluted EPS | -0.12 | - | -0.17 | - |
Condensed Consolidated Balance Sheets
| Description | Dec 31, 2025 | Jun 30, 2025 |
|---|---|---|
| Cash & Cash Equivalents | $17.57M | $24.35M |
| Accounts Receivable | $37.88M | $39.66M |
| Inventory | $5.04M | $6.65M |
| Other Current Assets | $3.12M | $2.24M |
| Total Current Assets | $63.65M | $72.91M |
| Property Plant & Equipment | $2.60M | $2.95M |
| Intangible Assets | $2.47M | $2.23M |
| Other Non-current Assets | $210.62K | $210.62K |
| Total Assets | $84.40M | $102.22M |
| Accounts Payable | $3.14M | $4.17M |
| Accrued Liabilities | $990.21K | $1.18M |
| Deferred Revenue | $4.97M | $4.86M |
| Total Current Liabilities | $60.19M | $72.54M |
| Total Liabilities | $92.06M | $101.61M |
| Common Stock | $5.73K | $5.72K |
| Retained Earnings | $-57.93M | $-48.07M |
| Total Stockholders Equity | $-7.66M | $604.69K |
| Total Liabilities & Equity | $84.40M | $102.22M |
Condensed Consolidated Statements of Cash Flows
| Description | Dec 31, 2025 | Dec 31, 2025 | ||
|---|---|---|---|---|
| Current | Prior Year | Current YTD | Prior Year YTD | |
| Net Income | $-6.60M | - | $-9.86M | - |
| Depreciation & Amortization | - | - | $481.24K | - |
| Stock-based Compensation | - | - | $1.76M | - |
| Change in Receivables | - | - | $-3.18M | - |
| Change in Inventory | - | - | $-73.12K | - |
| Change in Payables | - | - | $-7.01M | - |
| Operating Cash Flow | - | - | $-5.15M | - |
| Capital Expenditure | - | - | $76.88K | - |
| Purchases of Investments | - | - | $533.31K | - |
| Investing Cash Flow | - | - | $-903.03K | - |
| Stock Repurchased | - | - | $45.00K | - |
| Financing Cash Flow | - | - | $-683.01K | - |
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.