General form for registration of securities under the Securities Act of 1933

Condensed Consolidated Statements of Operations

v3.26.1
Condensed Consolidated Statements of Operations - USD ($)
3 Months Ended 9 Months Ended 12 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Mar. 31, 2026
Mar. 31, 2025
Jun. 30, 2025
Jun. 30, 2024
Income Statement [Abstract]            
Revenues $ 6,588,000 $ 16,742,000 $ 33,884,000 $ 49,697,000 $ 66,434,000 $ 60,824,000
Cost of sales 4,788,000 11,455,000 23,424,000 33,729,000 44,694,000 43,591,000
Gross profit 1,800,000 5,287,000 10,460,000 15,968,000 21,740,000 17,233,000
Operating expenses:            
Selling and administrative 4,168,000 5,717,000 12,638,000 16,817,000 22,304,000 18,932,000
Research and development 623,000 1,147,000 2,196,000 3,419,000 4,464,000 4,916,000
Total operating expenses 4,791,000 6,864,000 14,834,000 20,236,000 26,768,000 23,848,000
Operating loss (2,991,000) (1,577,000) (4,374,000) (4,268,000) (5,028,000) (6,615,000)
Other income (expense):            
Interest expense, net (184,000) (362,000) (762,000) (1,227,000) (1,646,000) (1,718,000)
Net loss $ (3,175,000) $ (1,939,000) $ (5,136,000) $ (5,495,000) $ (6,674,000) $ (8,333,000)
Net loss per share - basic $ (0.15) $ (0.12) $ (0.27) $ (0.33) $ (0.40) $ (0.50)
Net loss per share - diluted $ (0.15) $ (0.12) $ (0.27) $ (0.33) $ (0.40) $ (0.50)
Weighted average number of common shares outstanding - basic 21,340,371 16,684,320 19,289,746 16,683,074 16,717,761 16,548,533
Weighted average number of common shares outstanding - diluted 21,340,371 16,684,320 19,289,746 16,683,074 16,717,761 16,548,533