v3.26.1
Balance Sheets - USD ($)
Mar. 31, 2026
Jun. 30, 2025
Jun. 30, 2024
CURRENT ASSETS:      
Cash and cash equivalents $ 13,098,976 $ 17,544,547 $ 23,843,798
Grant receivable 2,173,684 2,104,050
Prepaid and other current assets 1,607,032 1,049,897 204,392
Total current assets 16,879,692 20,698,494 24,048,190
Operating lease right-of-use asset, net 282,910 339,653 406,726
Intangible assets, net 6,308 178,341 407,718
Goodwill 345,711 345,711 345,711
TOTAL ASSETS 17,514,621 21,562,199 25,208,345
CURRENT LIABILITIES:      
Accounts payable and accrued expenses 1,611,312 2,200,320 3,586,912
Current portion of operating lease liability 82,398 74,464 60,343
Current portion of notes payable, net of financing cost, unearned premium and discount of $701,210 at June 30, 2024   5,701,210
Warrant liability   3,771
Total current liabilities 1,693,710 2,274,784 9,352,236
Operating lease liability, net of current portion 213,319 275,430 349,894
TOTAL LIABILITIES 1,907,029 2,550,214 9,702,130
STOCKHOLDERS' EQUITY:      
Preferred stock; $0.001 par value; 10,000,000 shares authorized; 0 shares issued and outstanding
Common stock, $0.0001 par value; 800,000,000 shares authorized at March 31, 2026 and June 30, 2025; 7,544,675 shares issued of which 7,541,839 shares outstanding at March 31, 2026; and 1,917,061 shares issued of which 1,914,224 shares are outstanding at June 30, 2025 754 192 6,229
Additional paid in capital 384,221,988 371,156,068 349,732,674
Accumulated deficit (368,615,121) (352,144,246) (334,232,661)
Treasury stock (29) (29) (27)
Total stockholders' equity 15,607,592 19,011,985 15,506,215
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 17,514,621 $ 21,562,199 $ 25,208,345