Financials
Cash flow
| Fiscal date | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 |
|---|---|---|---|---|
| Operating activities | -3.3M | -15.3M | -1.4M | -3.5M |
| Net income | -5.5M | -9.1M | -1.6M | -7.9M |
| Depreciation | 0 | 1K | 2K | 1K |
| Deferred taxes | — | — | — | — |
| StockBased compensation | 12K | 43K | 104K | 97K |
| Other non cash items | 2.0M | 3.9M | -667K | 2.2M |
| Accounts receivable | — | — | — | — |
| Accounts payable | 178K | -10.2M | 740K | 2.1M |
| Other assets liabilities | — | — | — | — |
| Investing activities | 0 | 0 | 0 | 0 |
| Capital expenditures | 0 | 0 | 0 | 0 |
| Net intangibles | — | — | — | — |
| Net acquisitions | — | — | — | — |
| Purchase of investments | — | — | — | — |
| Sale of investments | — | — | — | — |
| Other investing activity | — | — | — | — |
| Financing activities | 7.6M | -2.1M | -5K | 3.1M |
| Long term debt issuance | 5M | 4.1M | 2.9M | 0 |
| Long term debt payments | -320K | -3.3M | -3.2M | -1K |
| Short term debt issuance | — | — | — | — |
| Common stock issuance | 3.3M | 0 | 219K | 3.1M |
| Common stock repurchase | — | — | — | — |
| Common dividends | — | — | — | — |
| Other financing charges | -350K | -3.0M | — | — |
| End cash position | 5.5M | 1.4M | 1.6M | 1.9M |
| Income tax paid | 0 | 0 | 0 | 0 |
| Interest paid | 0 | 0 | 0 | 0 |
| Free cash flow | -3.5M | -2.1M | -2.3M | -2.6M |