v3.25.4
Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
Dec. 31, 2025
Jun. 30, 2025
Current assets:    
Cash and cash equivalents $ 73,572,471 $ 4,877,036
Trade accounts receivable, net of allowance 8,583,487 9,455,310
Inventories, net 13,491,419 12,858,838
Prepaid expenses and deposits 1,330,172 1,142,661
Other current assets 23,192 40,150
Total current assets 97,000,741 28,373,995
Property and equipment, net 15,176,577 15,864,061
Operating lease right-of-use assets 7,430,787 7,429,378
Intangible assets, net 15,086,873 15,987,923
Goodwill 13,753,921 13,753,921
Deferred tax assets, net 22,240 22,571
Other assets 87,369 73,917
Total assets 148,558,508 81,505,766
Current liabilities:    
Accounts payable 5,978,713 7,421,430
Accrued liabilities 14,262,568 5,686,396
Accrued payroll and benefits 2,497,228 2,359,152
Operating lease liabilities, current 1,349,820 1,254,062
Loans payable, current portion 115,774 172,567
Finance lease obligation, current portion 216,191 206,518
Total current liabilities 24,420,294 17,100,125
Deferred tax liabilities, net 86,274 152,760
Accrued liabilities, noncurrent 3,300,000 823,000
Finance lease obligation, less current portion 346,400 421,363
Operating lease liabilities, noncurrent 8,102,873 8,326,250
Loans payable, less current portion 135,069 4,804,990
Total liabilities 36,390,910 31,628,488
Commitments and Contingencies
Stockholders’ equity:    
Common stock: Class A, $0.01 par value, voting; 94,500,000 shares authorized; 54,442,677 and 42,949,307 shares issued and outstanding 544,427 429,493
Additional paid-in capital 319,121,901 244,953,346
Accumulated other comprehensive income 1,283,928 978,686
Accumulated deficit (243,015,168) (230,716,757)
Total stockholders’ equity 77,935,088 15,644,768
Total liabilities, convertible preferred stock and stockholders’ equity 148,558,508 81,505,766
Series G Convertible Preferred Stock [Member]    
Current liabilities:    
Series G Convertible Preferred Stock; $0.01 par value; 44,000 shares authorized; 24,956 shares issued and outstanding 34,232,510 34,232,510
Series D Preferred Stock [Member]    
Stockholders’ equity:    
Preferred stock: Series D, $0.01 par value, voting; 500,000 shares authorized; none issued and outstanding $ 0 $ 0