v3.25.2
CONVERTIBLE DEBT (Tables)
12 Months Ended
Jun. 30, 2025
Debt Disclosure [Abstract]  
Schedule of convertible debt
  As of June 30, 
   2025   2024 
Yorkville convertible debentures  $-   $571 
April 2024 notes   -    7,089 
Total convertible debt  $-   $7,660 
Schedule of changes in the convertible debentures
  Amount 
Balance, June 30, 2023  $10,561 
Accretion expense   4,489 
Principal and accrued interest converted   (14,479)
Balance, June 30, 2024   571 
Accretion expense   43 
Principal and interest converted   (614)
Balance, June 30, 2025  $- 
Schedule of components of interest expense with convertible debenture
        
   For the year ended June 30, 
Component of Interest Expense  2025   2024 
Amortization of discount and issuance costs  $42   $4,210 
Contractual interest   1    279 
Total  $43   $4,489 
Schedule of primary inputs for the Monte Carlo model
          
Key Valuation Input  June 30,
2024
   April 12,
2024
 
Closing Common Share price  $1.73   $3.11 
Term (expiry)   December 31, 2024    December 31, 2024 
Weighted average of the equity volatility and implied volatility of the 2023 Public Warrants   80%   66.0%
Risk-free rate   5.33%   5.26%
Implied discount rate   15.0%   15.0%
Schedule of changes in the fair value of April 2024 Note
  Amount 
Fair value, April 12, 2024  $10,315 
Principal payments   (1,512)
Change in fair value   (1,714)
Balance, June 30, 2024   7,089 
Principal payments   (7,129)
Change in fair value   40 
Balance, June 30, 2025  $- 
Schedule of Black-Scholes model used in April 2024 Warrants
          
Key Valuation Input  June 30,
2025
   June 30,
2024
 
Closing Common Share price  $2.33   $1.73 
Term (years)   1.78    2.78 
Historic equity volatility   82.22%   66.34%
Risk-free rate   3.78%   4.57%
Schedule of changes in fair value of April 2024 Warrant liability
  Amount 
Fair value as of April 12, 2024  $902 
Change in fair value   (604)
Fair value as of June 30, 2024   298 
Change in fair value   191 
Fair value as of June 30, 2025  $489