v3.25.2
Stock-Based Compensation (Tables)
12 Months Ended
Jun. 30, 2025
Stock-Based Compensation [Abstract]  
Schedule of Estimating the Fair Value of the Stock Options Granted

The following table summarizes the assumptions used for estimating the fair value of the stock options granted for the year ended:

 

   June 30,   June 30, 
   2025   2024 
Expected term (years)   5    10 
Risk-free interest rate   4.1%   4.4%
Expected volatility   105.0%   112.5%
Dividend yield   0%   0%
Schedule of Option Activity

A summary of option activity for the years ended June 30, 2025 and 2024 is presented below:

 

 

Options  Number of
Shares
   Weighted
Average
Exercise
Price
   Weighted
Average
Remaining
Contractual
Term
(in years)
 
Outstanding at July 1, 2023   237,041   $21.73    6.39 
Additional vesting   6,292    2.39    9.75 
Terminated   (8,114)   20.77    5.72 
Outstanding at June 30, 2024   235,219    22.05    5.46 
Additional vesting   8,675    12.38    7.3 
Terminated   (71,417)   18.98    1.4 
Outstanding at June 30, 2025   172,477   $21.08    4.9 
Schedule of Deferred Stock Units Terminated/Settled, as Well as those that Vested

A summary of deferred stock units terminated/settled, as well as those that vested, during the fiscal years ended June 30, 2025 and 2024 is presented below:

 

       Weighted 
   Number of   Average 
   Shares   Exercise Price 
         
Outstanding, July 1, 2023   106,197   $3.31 
Issued   101,145    2.47 
Terminated/Settled   
-
    
-
 
Outstanding, June 30, 2024   207,342    3.64 
Issued   74,728    2.75 
Terminated/Settled   (92,063)   2.89 
Outstanding, June 30, 2025   190,007   $2.84 
Schedule of Restricted Stock Units Terminated, as Well as those that Vested

A summary of restricted stock units terminated, as well as those that vested, during the fiscal years ended June 30, 2025 and 2024 is presented below:

 

       Weighted   Weighted 
   Number of   Average   Average 
   Shares   Exercise Price   Term 
             
Outstanding, July 1, 2023   87,720   $6.84    - 
Issued   219,780    2.73    - 
Outstanding, June 30, 2024   307,500    3.90    - 
Issued   165,288    2.42    0.68 
Terminated/Resigned   (73,260)   2.73    - 
Settled   (234,240)   4.27    - 
Outstanding, June 30, 2025   165,288   $2.42    0.68