$62.27M
Revenue
$-15.33M
Net Income
11.48%
Gross Margin
-14.07%
Op. Margin
$-7.03M
Free Cash Flow
| Breakdown | TTM (Dec 31, 2025) |
FY 2025 (Jun 30, 2025) |
FY 2024 (Jun 30, 2024) |
|---|---|---|---|
| Total Revenue | $62.27M | $65.92M | $3.23M |
| Revenue Growth % | -5.5% | 1941.8% | nan% |
| Cost of Revenue | $55.12M | $61.14M | $3.11M |
| Gross Profit | $7.15M | $4.77M | $115.94K |
| Gross Margin % | 11.5% | 7.2% | 3.6% |
| Operating Expenses | $15.91M | $14.47M | $3.24M |
| Research & Development | $1.86M | $2.08M | $91.17K |
| Operating Income | $-8.76M | $-9.70M | $-3.13M |
| Operating Margin % | -14.1% | -14.7% | -96.9% |
| Interest Expense | $4.11M | $2.51M | $13.66K |
| Other Income/Expense | $2.28K | $25.59K | $-4.02K |
| Income Before Tax | $-15.25M | $-8.94M | $-3.41M |
| Income Tax Expense | - | $76.74K | $19.83K |
| Net Income | $-15.33M | $-9.02M | $-3.43M |
| Net Margin % | -24.6% | -13.7% | -106.3% |
| Basic EPS | -2.26 | -1.47 | -3.43 |
| Diluted EPS | -2.26 | -1.47 | -3.43 |
| Basic Shares Outstanding | 6.9M | 6.1M | 1.0M |
| Diluted Shares Outstanding | 6.9M | 6.1M | 1.0M |
| Breakdown | FY 2025 (Jun 30, 2025) |
FY 2024 (Jun 30, 2024) |
|---|---|---|
| Cash & Cash Equivalents | $1.88M | $587.45K |
| Accounts Receivable | $6.79M | $251.89K |
| Inventory | $12.69M | $1.77M |
| Other Current Assets | $1.84M | $44.12K |
| Total Current Assets | $23.65M | $4.33M |
| Property Plant & Equipment | $131.72K | $142.62K |
| Total Assets | $26.00M | $5.37M |
| Accounts Payable | $26.24M | $1.40M |
| Short-term Debt | - | $291.21K |
| Deferred Revenue | $378.00 | $649.45K |
| Total Current Liabilities | $30.40M | $8.95M |
| Long-term Debt | $73.42K | $95.44K |
| Total Liabilities | $31.36M | $9.38M |
| Common Stock | $678.00 | $1.00K |
| Retained Earnings | $-20.05M | $-11.03M |
| Total Stockholders Equity | $-5.36M | $-4.00M |
| Total Liabilities & Equity | $26.00M | $5.37M |
| Breakdown | TTM (Dec 31, 2025) |
FY 2025 (Jun 30, 2025) |
FY 2024 (Jun 30, 2024) |
|---|---|---|---|
| Net Income | $-15.33M | $-9.02M | $-3.43M |
| Stock-based Compensation | $1.82M | $815.68K | - |
| Change in Receivables | $12.57M | $7.13M | $251.89K |
| Change in Inventory | $9.24M | $10.92M | $1.77M |
| Change in Payables | $33.71M | $24.85M | $1.40M |
| Operating Cash Flow | $-7.03M | $-6.56M | $-4.68M |
| Capital Expenditure | - | $68.34K | $8.74K |
| Investing Cash Flow | - | $-40.24K | $-8.74K |
| Stock Issued | - | $19.71M | - |
| Financing Cash Flow | $7.87M | $7.89M | $3.45M |
| Net Change in Cash | $791.27K | $1.29M | $-1.24M |
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 | $16.72M | - | $36.94M | - |
| Cost of Revenue | $14.50M | - | $31.98M | - |
| Gross Profit | $2.22M | - | $4.96M | - |
| Operating Expenses | $4.44M | - | $8.08M | - |
| Research & Development | $193.21K | - | $499.64K | - |
| Operating Income | $-2.22M | - | $-3.11M | - |
| Interest Expense | $2.66K | - | $5.48K | - |
| Other Income/Expense | $-60.11K | - | $-21.45K | - |
| Income Before Tax | $-4.29M | - | $-7.15M | - |
| Net Income | $-4.29M | - | $-7.15M | - |
| Basic EPS | -0.62 | - | -1.05 | - |
| Diluted EPS | -0.62 | - | -1.05 | - |
Condensed Consolidated Balance Sheets
| Description | Dec 31, 2025 | Jun 30, 2025 |
|---|---|---|
| Cash & Cash Equivalents | $1.77M | $1.88M |
| Accounts Receivable | $6.32M | $6.79M |
| Inventory | $10.18M | $12.69M |
| Other Current Assets | $53.16K | $1.84M |
| Total Current Assets | $19.84M | $23.65M |
| Property Plant & Equipment | $102.32K | $131.72K |
| Total Assets | $42.04M | $26.00M |
| Accounts Payable | $29.68M | $26.24M |
| Deferred Revenue | $23.52K | $378.00 |
| Total Current Liabilities | $33.95M | $30.40M |
| Long-term Debt | $84.76K | $73.42K |
| Total Liabilities | $53.87M | $31.36M |
| Common Stock | $696.00 | $678.00 |
| Retained Earnings | $-27.20M | $-20.05M |
| Total Stockholders Equity | $-11.82M | $-5.36M |
| Total Liabilities & Equity | $42.04M | $26.00M |
Condensed Consolidated Statements of Cash Flows
| Description | Dec 31, 2025 | Dec 31, 2025 | ||
|---|---|---|---|---|
| Current | Prior Year | Current YTD | Prior Year YTD | |
| Net Income | $-4.29M | - | $-7.15M | - |
| Stock-based Compensation | - | - | $703.12K | - |
| Change in Receivables | - | - | $-586.07K | - |
| Change in Inventory | - | - | $-933.30K | - |
| Change in Payables | - | - | $3.43M | - |
| Operating Cash Flow | - | - | $-92.59K | - |
| Investing Cash Flow | - | - | $8.83K | - |
| Financing Cash Flow | - | - | $-12.40K | - |
| Net Change in Cash | - | - | $-105.77K | - |
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.