v3.26.3
STOCK BASED COMPENSATION (Tables)
12 Months Ended
Jun. 30, 2026
Share-Based Payment Arrangement [Abstract]  
SCHEDULE OF NONVESTED STOCK AWARDS

Schedule of Nonvested Stock Awards

 

(Shares in units; weighted-average grant-date fair value in $)

 

Activity  Shares  

Weighted-Average

Grant-Date Fair

Value

 
Nonvested at July 1, 2025        
Granted   1,400,000   $0.92 
Vested        
Forfeited/Expired        
Nonvested at June 30, 2026   1,400,000   $0.92 

SCHEDULE OF PERFORMANCE-BASED (MARKET CONDITION) AWARDS BY TRANCHE

Schedule of Performance-Based (Market Condition) Awards by Tranche (Units; grant-date shares)

 

Tranche  VWAP Milestone   Grant-Date FV/Share   Nonvested at July 1, 2025   Granted   Vested   Forfeited/Expired  

Nonvested at June 30, 2026

 
1  $0.75    0.66        3,170,479            3,170,479 
2  $1.00    0.65        3,170,479            3,170,479 
3  $1.24    0.64        3,170,479            3,170,479 
4  $1.49    0.63        3,170,479            3,170,479 
5  $1.74    0.62        3,170,479            3,170,479 
Total                 15,852,395            15,852,395 

SCHEDULE OF KEY ASSUMPTIONS USED IN THE VALUATION OF PERFORMANCE-BASED STOCK AWARDS

 

Assumption 

September

2025 Grants

 
Expected volatility   140.6%
Risk-free interest rate   3.5%
Expected term   3.0 years 
Expected dividend yield   0%
Fair value per share (Tranche 1)  $0.66 
Fair value per share (Tranche 2)  $0.65 
Fair value per share (Tranche 3)  $0.64 
Fair value per share (Tranche 4)  $0.63 
Fair value per share (Tranche 5)  $0.62 

SCHEDULE OF STOCK-BASED COMPENSATION EXPENSE

Stock-based compensation expense recognized in the consolidated statements of operations was as follows:

SCHEDULE OF STOCK-BASED COMPENSATION EXPENSE

   Year Ended   Year Ended 
   June 30, 2026   June 30, 2025 
Time-based stock awards  $1,016,342   $ 
Market-based stock awards  $2,631,352   $ 
Total stock-based compensation expense  $3,647,695   $