| Schedule of Warrant Activity |
A summary of the Company’s warrant activity and related information for the periods covered were as follows:
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|
|
|
|
|
|
|
|
| |
|
Number of
Shares
Under
Warrants |
|
|
Weighted
Average
Exercise
Price |
|
Balance as at July 1, 2025 |
|
|
4,541,210 |
|
|
$ |
3.90 |
|
|
|
|
— |
|
|
|
— |
|
|
|
|
(1,052,000 |
) |
|
|
— |
|
|
|
|
— |
|
|
|
— |
|
|
|
|
|
|
|
|
|
|
Warrants Outstanding at March 31, 2026 |
|
|
3,489,210 |
|
|
|
54.67 |
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|
|
|
|
|
|
|
|
|
Warrants Exercisable at March 31, 2026 |
|
|
3,489,210 |
|
|
|
54.67 |
|
|
|
|
|
|
|
|
|
|
|
A summary of the Company’s warrant activity and related information for the periods covered were as follows:
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|
|
|
|
|
|
|
| |
|
Number of
Shares
Under
Warrants |
|
|
Weighted
Average
Exercise
Price |
|
Balance as at July 1, 2023 |
|
|
175,802 |
|
|
$ |
107.40 |
|
|
|
|
648,904 |
|
|
|
12.80 |
|
|
|
|
(279,538 |
) |
|
|
9.80 |
|
|
|
|
(888 |
) |
|
|
370.00 |
|
|
|
|
|
|
|
|
|
|
Balance as at June 30, 2024 |
|
|
544,280 |
|
|
|
21.20 |
|
|
|
|
4,031,630 |
|
|
|
1.28 |
|
|
|
|
(34,700 |
) |
|
|
— |
|
|
|
|
— |
|
|
|
— |
|
|
|
|
|
|
|
|
|
|
Warrants Outstanding at June 30, 2025 |
|
|
4,541,210 |
|
|
$ |
3.90 |
|
|
|
|
|
|
|
|
|
|
Warrants Exercisable at June 30, 2025 |
|
|
4,541,210 |
|
|
$ |
3.90 |
|
|
|
|
|
|
|
|
|
|
|
| Schedule of Black-Scholes Model to Value the Modification of Warrants Issued |
|
The assumptions used in the Black-Scholes model to value the new warrants issued during the years ended June 30, 2025 and 2024, are set forth in the table immediately below.
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|
|
|
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| |
|
|
|
|
|
$ |
2.44 – 3.20 |
|
|
|
|
3.68 |
% |
|
|
|
142 |
% |
|
|
|
1.5 |
|
|
|
$ |
0 |
% |
|
|
|
|
|
| |
|
|
|
|
|
$ |
16.60 – 20.80 |
|
|
|
|
4.82 |
% |
|
|
|
109 – 111 |
% |
|
|
|
5.0 – 5.5 |
|
|
|
$ |
0 |
% | The assumptions used in the Black-Scholes model to value the modification of warrants issued during the year ended June 30, 2025 and 2024, are set forth in the table immediately below.
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|
|
|
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| |
|
|
|
|
|
$ |
2.44 – 16.60 |
|
|
|
|
3.68 |
% |
|
|
|
133 |
% |
|
|
|
3.83 |
|
|
|
$ |
— |
% |
|
|
|
|
|
| |
|
|
|
|
|
$ |
16.60 – 60.80 |
|
|
|
|
0.56 – 4.82 |
% |
|
|
|
109 – 614 |
% |
|
|
|
0 – 6.8 |
|
|
|
$ |
0 |
% |
|