v3.26.3
Summary of Significant Accounting Policies and Recent Accounting Pronouncements (Tables)
12 Months Ended
Jun. 30, 2026
Accounting Policies [Abstract]  
Schedule of Property and Equipment Estimated Useful Lives
Buildings  39 years
Building improvements  15 years
Equipment & vehicles  5-7 years
Schedule of Estimated Fair Value

The table below sets forth the assumptions used on the date of grant for estimating the fair value of options granted during the fiscal years ending June 30:

 

Schedule of Estimated Fair Value

   2026   2025 
Weighted average expected term (years)   7.02    5.72 
Risk-free interest rate   3.97%   4.015%
Dividend yield   0%   0%
Volatility   133.54%   132.21%
Schedule of Potentially Dilutive Shares Outstanding

The Company had the following potentially dilutive shares outstanding as of June 30:

 

   2026   2025 
Convertible notes   -    9,501,948 
Warrants   19,181,990    17,380,150 
Share awards outstanding   12,981,382    8,583,466 
Total potentially dilutive   32,163,372    35,465,564 
Fair Value Assets Measured on Recurring Basis

Our investments measured at fair value on a recurring basis were as follows:

 

   Level 1   Level 2   Level 3   Total   Level 1   Level 2   Level 3   Total 
   As of June 30, 
   2026   2025 
   Level 1   Level 2   Level 3   Total   Level 1   Level 2   Level 3   Total 
 
Cash and cash equivalents (including restricted):                                        
Cash  $9,551,679   $   $   $9,551,679   $12,474,304   $   $   $12,474,304 
Cash equivalents   40,767,795            40,767,795                 
Total  $50,319,474   $   $   $50,319,474   $12,474,304   $   $   $12,474,304