v3.26.3
Consolidated Statements of Change in Shareholders’ Equity - USD ($)
Ordinary shares
Class A Ordinary Shares
Ordinary shares
Class B Ordinary Shares
Additional paid-in capital
Deferred share compensation
Accumulated deficit
Accumulated other comprehensive income (loss)
Total
Balance at Jun. 30, 2023 [1] [1] $ 213,793,830 $ (3,857,367) $ (185,220,028) $ 24,716,435
Balance (in Shares) at Jun. 30, 2023 [1] 8 1          
Sale of ordinary shares [1] [1] 1,380,000 1,380,000
Sale of ordinary shares (in Shares) [1] 3          
Ordinary shares issued for acquisition of intangible assets $ 1 [1] [1] 7,199,999 7,200,000
Ordinary shares issued for acquisition of intangible assets (in Shares) [1] 12          
Ordinary shares issued for acquisition of concert cooperation rights [1] [1] 8,000,000 8,000,000
Ordinary shares issued for acquisition of concert cooperation rights (in Shares) [1] 4          
Cashless exercise of warrants into ordinary shares [1] [1]
Cashless exercise of warrants into ordinary shares (in Shares) [1] 1          
Conversion of convertible notes payable into ordinary shares [1] [1] 225,000 225,000
Conversion of convertible notes payable into ordinary shares (in Shares) [1] 1          
Stock compensation expense [1] [1] 21,060 3,847,589 3,868,649
Net loss [1] [1] (26,864,340) (26,864,340)
Issuance of fractional shares upon the reverse share split
Issuance of fractional shares upon the reverse share split (in Shares) (3)          
Balance at Jun. 30, 2024 $ 1 [1] [1] 230,619,889 (9,778) (212,084,368) 18,525,744
Balance (in Shares) at Jun. 30, 2024 [1] 26 1          
Sale of ordinary shares [1] [1] 940,000 940,000
Sale of ordinary shares (in Shares) [1] 2          
Cashless exercise of warrants into ordinary shares [1] [1]
Cashless exercise of warrants into ordinary shares (in Shares) [1] 1          
Conversion of convertible notes payable into ordinary shares $ 10 [1] [1] 15,280,311 15,280,321
Conversion of convertible notes payable into ordinary shares (in Shares) [1] 518          
Issuance of warrants in connection with the issuance of convertible notes [1] [1] 3,902,449 3,902,449
Ordinary shares issued for acquisition of equipment $ 16 [1] [1] 25,999,984 26,000,000
Ordinary shares issued for acquisition of equipment (in Shares) [1] 813          
Ordinary shares issued for compensation [1] [1] 1,665,300 1,665,300
Ordinary shares issued for compensation (in Shares) [1] 5          
Stock compensation expense [1] [1] 617 9,148 9,765
Net loss [1] [1] (43,001,455) (43,001,455)
Issuance of fractional shares upon the reverse share split [1] [1]
Issuance of fractional shares upon the reverse share split (in Shares) [1] 5          
Balance at Jun. 30, 2025 $ 27 [1] [1] 278,408,550 (630) (255,085,823) 23,322,124
Balance (in Shares) at Jun. 30, 2025 [1] 1,370 1          
Issuance of ordinary shares $ 11 [1] [1] 5,855,209 5,855,220
Issuance of ordinary shares (in Shares) [1] 573          
Incremental fair value on modification of warrants [1] [1] 142,288   (142,288)
Cashless exercise of warrants into ordinary shares $ 55 [1] [1] (55)
Cashless exercise of warrants into ordinary shares (in Shares) [1] 2,738          
Conversion of convertible notes payable into ordinary shares $ 8,251 [1] [1] 28,417,409 28,425,660
Conversion of convertible notes payable into ordinary shares (in Shares) [1] 412,566          
Cancellation of shares issued for acquisition of equipment $ (16) [1] [1] (25,999,984) (26,000,000)
Cancellation of shares issued for acquisition of equipment (in Shares) [1] (813)          
Issuance of ordinary shares and pre-funded warrants $ 20 [1] [1] 13,814,980 13,815,000
Issuance of ordinary shares and pre-funded warrants (in shares) [1] 1,000          
Cashless exercise of pre-funded warrants into ordinary shares $ 355 [1] [1] (355)
Cashless exercise of pre-funded warrants into ordinary shares (in shares) [1] 17,750          
Issuance of units for cryptocurrency $ 3,395 [1] [1] 230,683,665 230,687,060
Issuance of units for cryptocurrency (in shares) [1] 169,734          
Issuance of pre-delivery shares with no value given $ 463 (463)  
Issuance of pre-delivery shares with no value given (in Shares) 23,168            
Ordinary shares issued for compensation $ 12 [1] [1] 645,766 645,778
Ordinary shares issued for compensation (in Shares) [1] 621          
Stock compensation expense [1] [1] 5 630 635
Net loss [1] [1] (157,464,795) (157,464,795)
Issuance of fractional shares upon the reverse share split $ 1 [1] [1] (1)
Issuance of fractional shares upon the reverse share split (in Shares) [1] 54          
Balance at Jun. 30, 2026 $ 12,574 [1] [1] $ 531,967,014 $ (412,692,906) $ 119,286,682
Balance (in Shares) at Jun. 30, 2026 [1] 628,761 1          
[1] Giving retroactive effect to the 100-for-1 reverse share split on November 15, 2024, the 25-for-1 reverse share split on August 22, 2025, the 100-for-1 reverse share split on February 10, 2026, and the 8-for-1 reverse share split on July 27, 2026