BASIS OF PRESENTATION AND SIGNIFICANT ACCOUNTING POLICIES, (Details) - USD ($) |
3 Months Ended | |||
|---|---|---|---|---|
Sep. 30, 2024 |
Sep. 30, 2023 |
Jun. 30, 2024 |
Jun. 30, 2023 |
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| BASIS OF PRESENTATION AND SIGNIFICANT ACCOUNTING POLICIES [Abstract] | ||||
| Net loss | $ (2,133,520) | $ (2,539,457) | ||
| Net cash used in operating activities | (1,288,316) | (2,665,383) | ||
| Restricted Cash [Abstract] | ||||
| Cash held in securities account for bank card program | $ 250,000 | |||
| Credit limit under bank card program | 500,000 | |||
| Cash, Cash Equivalents and Restricted Cash [Abstract] | ||||
| Cash and cash equivalents | 2,738,990 | 4,137,055 | ||
| Restricted cash | 5,332,090 | 5,328,463 | ||
| Total cash, cash equivalents, and restricted cash | 8,071,080 | $ 12,672,020 | $ 9,465,518 | $ 15,568,911 |
| Supply Agreement with Wolfspeed [Member] | ||||
| Basis of Presentation and Significant Accounting Policies [Abstract] | ||||
| Accrued arbitration award | 4,770,000 | |||
| JPMorgan Chase Credit Facility [Member] | ||||
| Restricted Cash [Abstract] | ||||
| Borrowing capacity | 5,000,000 | |||
| Cash deposit | $ 5,100,000 | |||
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- Definition Credit limit under a bank card/security agreement with a third party financial service company that offers business credit cards. No definition available.
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- References No definition available.
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- Definition Amount of currency on hand as well as demand deposits with banks or financial institutions. Includes other kinds of accounts that have the general characteristics of demand deposits. Also includes short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. Excludes cash and cash equivalents within disposal group and discontinued operation. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount of cash and cash equivalents, and cash and cash equivalents restricted to withdrawal or usage. Excludes amount for disposal group and discontinued operations. Cash includes, but is not limited to, currency on hand, demand deposits with banks or financial institutions, and other accounts with general characteristics of demand deposits. Cash equivalents include, but are not limited to, short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount of assets pledged to secure a debt instrument. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Maximum borrowing capacity under the credit facility without consideration of any current restrictions on the amount that could be borrowed or the amounts currently outstanding under the facility. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount of loss contingency liability. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- References No definition available.
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- Definition Amount of cash inflow (outflow) from operating activities, including discontinued operations. Operating activity cash flows include transactions, adjustments, and changes in value not defined as investing or financing activities. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- References No definition available.
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- References No definition available.
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- Definition Amount of cash restricted as to withdrawal or usage, classified as current. Cash includes, but is not limited to, currency on hand, demand deposits with banks or financial institutions, and other accounts with general characteristics of demand deposits. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition The amount of an asset, typically cash, provided to a counterparty to provide certain assurance of performance by the entity pursuant to the terms of a written or oral agreement, such as a lease. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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