v3.22.4
Fair Value Measurements (Tables)
6 Months Ended
Dec. 31, 2022
Fair Value Disclosures [Abstract]  
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis [Table Text Block]

At December 31, 2022:

 

Total

Level 1

Level 2

Level 3

 

Convertible debt features

$ 73,742

$  -

$  -

$  73,742

 

 

 

 

 

 

At June 30, 2022:

 

Total

Level 1

Level 2

Level 3

 

Convertible debt features

$ -

$  -

$  -

$ -

 

Schedule of Derivative Liability Valued Using Monte Carlo Pricing Model

At December 31, 2022

 

 

 

Risk-free interest rate:

 

3.26% to 4.77%

 

Expected dividend yield:

 

0.00%

 

Expected stock price volatility:

 

175.00%

 

Expected option life in years:

 

1 year

 

At June 30, 2022

 

 

 

Risk-free interest rate:

 

0.00%

 

Expected dividend yield:

 

0.00%

 

Expected stock price volatility:

 

0.00%

 

Expected option life in years:

 

0 years

 

Schedule of Reconciliation of Changes in Fair Value of Convertible Debt

Balance at June 30, 2021

$

-

Realized

 

 -

Unrealized

 

73,342

Balance at December 31, 2022

$

73,342

 

 

 

Balance at July 1, 2021

$

1,842,000

Realized

 

 (1,842,000)

Unrealized

 

-

Balance at June 30, 2022

$

 -