v3.26.3
STOCKHOLDERS’ EQUITY (Tables)
 12 Months Ended
Jun. 30, 2026
Equity [Abstract]  
SCHEDULE OF KEY INPUTS WARRANT LIABILITY

The key inputs for the warrant liability were as follows as of initial valuation on November 4, 2025:

 

Key Valuation Inputs    
Expected term (years)   2.00 
Annualized volatility   92.27%
Risk-free interest rate   3.58%
Series C Convertible Preferred Stock per Share Value  $1,177.54 
Dividend yield   0.00%
Exercise price  $10,000.00 

 

The key inputs for the warrant liability were as follows as of May 5, 2026 (date of reclassification of warrant liability into equity):

 

Key Valuation Inputs    
Expected term (years)   1.50 
Annualized volatility   115.07%
Risk-free interest rate   3.85%
Series C Convertible Preferred Stock per Share Value  $1,073.46 
Dividend yield   0.00%
Exercise price  $10,000.00 
SUMMARY OF WARRANT ACTIVITY

The following table summarizes common stock warrant activity for the years ended June 30, 2026 and 2025:

 

       Weighted 
   Number of   Average 
   Warrants   Price Per Share 
Outstanding at June 30, 2024   10   $31.00 
Granted   -    - 
Exercised   -    - 
Cancelled*   -    - 
Expired   -    - 
Outstanding at June 30, 2025   10   $31.00 
Granted – Common stock warrants   1,200    100.00 
Granted – Series C preferred stock warrants   9,900    10,000.00 
Exercised – Series C preferred stock warrants   (300)   10,000.00 
Cancelled   -    - 
Expired   -    - 
Outstanding at June 30, 2026   10,810   $8,905.64 
           
Exercisable at June 30, 2026   10,810   $8,905.64 
Outstanding and Exercisable:          
           
Weighted average remaining contractual term   1.66      
Aggregate intrinsic value  $-      

 

* On March 3, 2025, the Company cancelled all the existing warrants (de minimis number of shares of Series A warrants, Series B warrants, and Series C warrants) held by an investor pursuant to a Warrant Exchange Agreement (see above).