v3.26.3
Stockholders’ Equity (Deficit) and Mezzanine Equity (Tables)
12 Months Ended
Jun. 30, 2026
Stockholders’ Equity (Deficit) and Mezzanine Equity [Abstract]  
Schedule of Outstanding Stock Warrants

The following is a summary of outstanding stock warrants as of the years ended June 30, 2026, and 2025:

 

    Number of
Shares
    Weighted
Average
Exercise Price
    Weighted
Average
Remaining Life
(years)
    Intrinsic
Value
 
Warrants outstanding as of June 30, 2024     8,156,087     $ 4.72       1.7     $ 26,716,879  
Warrants exercisable as of June 30, 2024     8,069,238     $ 4.75       1.7     $ 26,195,785  
Issued     -       -       -          
Expired and forfeited     (100,000 )     -       -          
Exercised     -       -       -          
Warrants outstanding as of June 30, 2025     8,056,087     $ 4.76       0.7     $ 26,116,879  
Warrants exercisable as of June 30, 2025     8,056,087     $ 4.76       0.7     $ 26,116,879  
Issued     6,743,587       -       -          
Expired and forfeited     (13,874,674 )     -       -          
Exercised     (250,000 )     -       -          
Warrants outstanding as of June 30, 2026     675,000     $ 1.20       1.3     $ 3,726,000  
Warrants exercisable as of June 30, 2026     675,000     $ 1.20       1.3     $ 3,726,000  
Schedule of Classes of Outstanding Stock Warrants
Exercise Price ($)     Warrants
outstanding as of
June 30, 2026
    Warrants
outstanding as of
June 30, 2025
 
               
$ 0.50       -       137,017  
$ 1.20       675,000       675,000  
$ 1.33       -       100,000  
$ 3.50       -       2,458,446  
$ 6.00       -       4,718,125  
$ 8.00       -       67,500  
          675,000       8,056,087  
Schedule of Outstanding Stock Options

The following is a summary of outstanding stock options as of June 30, 2026, and 2025:

 

    Number of
Shares
    Weighted
Average
Exercise
Price
    Weighted
Average
Remaining Life
(years)
    Intrinsic
Value
 
Options outstanding as of June 30, 2024     932,592     $ 4.05       7.43     $ 3,683,808  
Options exercisable as of June 30, 2024     806,614     $ 3.99       7.03     $ -  
Issued     127,410       7.86       9.28       -  
Canceled     (106,110 )     -       -       -  
Expired     -       -       -       -  
Options outstanding as of June 30, 2025     953,892     $ 4.48       6.53     $ 3,353,616  
Options exercisable as of June 30, 2025     860,083     $ 4.11       6.64     $ -  
Issued     -       -       -       -  
Canceled     (104,444 )     6.69       8.30       -  
Expired     -       -       -       -  
Options outstanding as of June 30, 2026     849,448     $ 4.21       5.19     $ 2,187,598  
Options exercisable as of June 30, 2026     847,298     $ 4.09       5.07     $ -  
Schedule of Vesting Terms

The following are the vesting terms associated with those shares:

 

Tranche   Shares
Granted
    Vesting
Method
  Vesting Terms
Tranche 1     784,236     Graded Vesting   1/6th vested on July 1, 2021, remainder vests over the next 18th months using the graded vesting method, until the option is 100% vested.
Tranche 2     64,452     Straight-line   1/24th will vest on a straight-line monthly basis until the option is 100% vested.
Tranche 3     2,760     Graded Vesting   1/6th vests on grant date, remainder vests over the next 30 months using the graded vesting method, until the option is 100% vested.
Total     849,448          
Schedule of Weighted Average Grant Share-Based Awards

The Black-Scholes option-pricing model includes the following weighted average assumptions to determine the grant share-based awards:

 

    Years Ended June 30,    
    2026       2025    
Assumptions:                
Risk-free interest rate     0.42-4.45 %     0.42-4.45 %  
Expected dividend yield     0 %     0 %  
Expected volatility     62.51- 77.84 %     62.51- 77.84 %  
Expected life (in years)     5.52       5.52