Significant Accounting Policies (Tables)

12 Months Ended

Jun. 30, 2026

The Following Table Sets Forth the Computation of the Company's Basic and Diluted Net Loss per Share Attributable to Common Shareholders

The Company utilizes the weighted average method to determine the impact of changes in a participating security on the calculation of loss per share. The following table sets forth the computation of the Company’s basic and diluted net loss per share attributable to common shareholders:


	For the year ended June 30,
	2026			2025
Net loss	$	(50,781	)	$	(17,982	)
Adjust: Net loss attributable to noncontrolling interest		(2,226	)		(577	)
Net loss available to participating securities		(48,555	)		(17,405	)
Net loss attributable to Vested Shares		(875	)		(1,102	)
Net loss attributed to common shareholders - basic and diluted	$	(47,680	)	$	(16,303	)
Denominator:
Weighted average shares outstanding – basic and diluted		117,214,449			45,072,895
Loss per Common Share outstanding – basic and diluted	$	(0.41	)	$	(0.36	)

Schedule of Excluded From the Dilutive Securities

The following shares underlying options to purchase Common Shares (“Options”) and Warrants were antidilutive due to a net loss in the periods presented and, therefore, were excluded from the dilutive securities computation for the periods indicated below:


	For the year ended June 30,
Excluded potentially dilutive securities (1)(2):	2026		2025
Options		4,147,500		3,020,000
Warrants		20,561,006		31,839,152
Total potentially dilutive securities		24,708,506		34,859,152

(1)

The number of shares is based on the maximum number of shares issuable on exercise or conversion of the related securities as of the period end. Such amounts have not been adjusted for the treasury stock method or weighted average outstanding calculations as required if the securities were dilutive.

(2)

Earnout Shares (as defined below) are excluded as the vesting terms were not met as of the end of the reporting period.