v3.25.2
Fair Value Measurements (Tables)
9 Months Ended 12 Months Ended
Mar. 31, 2025
Jun. 30, 2024
Fair Value Disclosures [Abstract]    
Schedule of derivative liabilities at fair value  
                 
   Fair Value Measurements at 
   June 30, 2024 
   Level 1   Level 2   Level 3   Total 
                 
Derivative liability - Warrants  $-   $-   $3,771   $3,771 
Derivative liability - Conversion Option   -    -    -    - 
Total derivative liabilities  $-   $-   $3,771   $3,771 

 

   Fair Value Measurements at 
   June 30, 2023 
   Level 1   Level 2   Level 3   Total 
                 
Derivative liability - Warrants  $-   $-   $894,280   $894,280 
Derivative liability - Conversion option   -    -    925,762    925,762 
Total derivative liabilities  $-   $-   $1,820,042   $1,820,042 
Fair value, liabilities measured on recurring basis  
          
   Derivative liability - Warrants   Derivative liability - Conversion Option 
Balance at June 30, 2022  $194,531   $188,030 
Additions to level 3 liabilities   -    - 
Change in in fair value of level 3 liabilities   699,749    737,732 
Transfer in and/or out of level 3   -    - 
Balance at June 30, 2023  $894,280   $925,762 
Additions to level 3 liabilities   -    - 
Change in in fair value of level 3 liabilities   (890,509)   (925,762)
Transfer in and/or out of level 3   -    - 
Balance at June 30, 2024  $3,771   $- 
Measured at fair value on a recurring basis
                 
   Fair Value Measurements at 
   March 31, 2025 
   Level 1   Level 2   Level 3   Total 
                 
Cash  $8,007,601   $-   $-   $8,007,601 
U.S. Treasury Bills due in 3 months or less at purchase   15,144,413    -    -    15,144,413 
                     
Total  $23,152,014   $-   $-   $23,152,014 

 

   Fair Value Measurements at 
   June 30, 2024 
   Level 1   Level 2   Level 3   Total 
                 
Cash  $12,763,941   $-   $-   $12,763,941 
U.S. Treasury Bills due in 3 months or less at purchase   11,079,857    -    -    11,079,857 
                     
Total  $23,843,798   $-   $-   $23,843,798 
                
   Fair Value Measurements at 
   June 30, 2024 
   Level 1   Level 2   Level 3   Total 
                 
Cash  $12,763,941   $-   $-   $12,763,941 
U.S. Treasury Bills due in 3 months or less at purchase   11,079,857    -    -    11,079,857 
                     
Total  $23,843,798   $-   $-   $23,843,798 

 

   Fair Value Measurements at 
   June 30, 2023 
   Level 1   Level 2   Level 3   Total 
                 
Cash  $6,304,543   $-   $-   $6,304,543 
U.S. Treasury Bills due in 3 months or less at purchase   13,156,340    -    -    13,156,340 
U.S. Treasury Bills due in 3 - 6 months at purchase   14,477,726    -    -    14,477,726 
                     
Total  $33,938,609   $-   $-   $33,938,609