Quarterly report [Sections 13 or 15(d)]

Condensed Consolidated Statements of Stockholders' Equity (Deficit) (Unaudited)

v3.26.1
Condensed Consolidated Statements of Stockholders' Equity (Deficit) (Unaudited) - USD ($)
Common Stock [Member]
Additional Paid-in Capital [Member]
Retained Earnings [Member]
Total
Balance at Jun. 30, 2024 $ 17,000 $ 99,889,000 $ (99,712,000) $ 194,000
Balance, shares at Jun. 30, 2024 16,682,465      
Stock-based compensation 347,000 347,000
Net income loss (1,669,000) (1,669,000)
Balance at Sep. 30, 2024 $ 17,000 100,236,000 (101,381,000) (1,128,000)
Balance, shares at Sep. 30, 2024 16,682,465      
Balance at Jun. 30, 2024 $ 17,000 99,889,000 (99,712,000) 194,000
Balance, shares at Jun. 30, 2024 16,682,465      
Net income loss       $ (5,495,000)
Issuance of common stock - exercised options, shares      
Balance at Mar. 31, 2025 $ 17,000 100,818,000 (105,207,000) $ (4,372,000)
Balance, shares at Mar. 31, 2025 16,767,470      
Balance at Sep. 30, 2024 $ 17,000 100,236,000 (101,381,000) (1,128,000)
Balance, shares at Sep. 30, 2024 16,682,465      
Stock-based compensation 278,000 278,000
Net income loss (1,887,000) (1,887,000)
Balance at Dec. 31, 2024 $ 17,000 100,514,000 (103,268,000) (2,737,000)
Balance, shares at Dec. 31, 2024 16,682,465      
Issuance of common stock – ESPP 98,000 98,000
Issuance of common stock - ESPP, shares 50,337      
Stock-based compensation 206,000 206,000
Net income loss (1,939,000) (1,939,000)
Issuance of common stock – exercised options
Issuance of common stock - exercised options, shares 34,668      
Balance at Mar. 31, 2025 $ 17,000 100,818,000 (105,207,000) (4,372,000)
Balance, shares at Mar. 31, 2025 16,767,470      
Balance at Jun. 30, 2025 $ 17,000 100,965,000 (106,386,000) (5,404,000)
Balance, shares at Jun. 30, 2025 16,835,698      
Issuance of preferred stock warrants and common stock warrants under Private Placement, net of offering costs of $400,000 4,400,000 4,400,000
Issuance of common stock – ESPP 37,000 37,000
Issuance of common stock - ESPP, shares 26,312      
Stock-based compensation 209,000 209,000
Net income loss (2,562,000) (2,562,000)
Issuance of preferred stock warrants and common stock warrants under Private Placement, net of offering costs of $245,000 (4,400,000) (4,400,000)
Balance at Sep. 30, 2025 $ 17,000 105,611,000 (108,948,000) (3,320,000)
Balance, shares at Sep. 30, 2025 16,862,010      
Balance at Jun. 30, 2025 $ 17,000 100,965,000 (106,386,000) (5,404,000)
Balance, shares at Jun. 30, 2025 16,835,698      
Net income loss       $ (5,136,000)
Issuance of common stock - exercised options, shares       62,125
Balance at Mar. 31, 2026 $ 21,000 116,114,000 (111,522,000) $ 4,613,000
Balance, shares at Mar. 31, 2026 21,361,383      
Balance at Sep. 30, 2025 $ 17,000 105,611,000 (108,948,000) (3,320,000)
Balance, shares at Sep. 30, 2025 16,862,010      
Issuance of preferred stock warrants and common stock warrants under Private Placement, net of offering costs of $400,000 45,000 45,000
Stock-based compensation 285,000 285,000
Net income loss 601,000 601,000
Issuance of common stock under Public Offering, net of offering costs $ 4,000 9,756,000 9,760,000
Issuance of common stock under Public Offering, net of offering costs, shares 4,416,000      
Issuance of preferred stock warrants and common stock warrants under Private Placement, net of offering costs of $245,000 (45,000) (45,000)
Issuance of common stock – exercised options 255,000 255,000
Issuance of common stock - exercised options, shares 62,125      
Balance at Dec. 31, 2025 $ 21,000 115,862,000 (108,347,000) 7,536,000
Balance, shares at Dec. 31, 2025 21,340,135      
Issuance of common stock – ESPP 19,000 19,000
Issuance of common stock - ESPP, shares 21,248      
Stock-based compensation 240,000 240,000
Net income loss (3,175,000) (3,175,000)
Offering costs in connection with the issuance of preferred stock warrants and common stock warrants under Private Placement (7,000) (7,000)
Balance at Mar. 31, 2026 $ 21,000 $ 116,114,000 $ (111,522,000) $ 4,613,000
Balance, shares at Mar. 31, 2026 21,361,383