Financials
Cash flow
| Fiscal date | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 |
|---|---|---|---|---|
| Operating activities | -11.1M | -15.3M | -19.4M | -15.4M |
| Net income | -14.3M | -15.5M | -24.0M | -20.3M |
| Depreciation | 384K | 766K | 196K | 344K |
| Deferred taxes | — | — | — | — |
| StockBased compensation | 1.8M | 2.1M | 2.4M | 2.9M |
| Other non cash items | 629K | 749K | 1.1M | 1.1M |
| Accounts receivable | 1.7M | -3.1M | 310K | -629K |
| Accounts payable | -852K | 1.1M | 349K | 617K |
| Other assets liabilities | -467K | -1.4M | 169K | 510K |
| Investing activities | -24.9M | 47.7M | 3.1M | -41.4M |
| Capital expenditures | — | — | — | — |
| Net intangibles | — | — | — | — |
| Net acquisitions | — | — | — | — |
| Purchase of investments | -24.9M | 0 | -8.4M | -49.6M |
| Sale of investments | 0 | 47.7M | 11.5M | 8.2M |
| Other investing activity | — | — | — | — |
| Financing activities | 6.1M | 14.1M | 3.7M | -1.0M |
| Long term debt issuance | 0 | 0 | 0 | 0 |
| Long term debt payments | -20.4M | 0 | 0 | 0 |
| Short term debt issuance | — | — | — | — |
| Common stock issuance | 26.5M | 14.7M | 3.7M | — |
| Common stock repurchase | — | — | — | — |
| Common dividends | — | — | — | — |
| Other financing charges | — | -622K | 0 | -1.0M |
| End cash position | 39.6M | 74.9M | 27.4M | 35.2M |
| Income tax paid | — | — | — | — |
| Interest paid | 1.4M | 876K | 1.4M | 886K |
| Free cash flow | -16.5M | -14.3M | -14.6M | -13.2M |