Fair Value Measurement (Tables)

12 Months Ended

Jun. 30, 2022

Fair Value Measurement

Schedule of Change in fair value of preferred stock

		FY 2022
Balance, July 1, 2020		$	-
Issuance of Series B-2 preferred stock at fair value			5,000,000
Exercise of Series 1 and 2 warrants			5,017,000
Conversion of Series B-2 preferred stock to common stock			(10,017,000	)
Change in fair value of Series B-2 preferred stock ⁽¹⁾			(-	)
Balance, June 30, 2021		$	-

Exercise of Series 1 and 2 warrants			4,983,000
Conversion of Series B-2 preferred stock to common stock			(4,374,000	)
Change in fair value of Series B-2 preferred stock ⁽¹⁾			177,000
Balance, June 30, 2022		$	786,000