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SIGNIFICANT ACCOUNTING POLICIES (Tables)
 12 Months Ended
Jun. 30, 2024
Accounting Policies [Abstract]  
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:

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, 
   2024   2023 
Net loss  $(11,898)  $(40,308)
Adjust:  Net loss attributable to noncontrolling interest   458   (251
Net loss available to participating securities   (11,440)   (40,057)
Net loss attributable to Vested Shares   967   1,528
Net loss attributed to common shareholders - basic and diluted  $(10,473)  $(38,529)
Denominator:          
Weighted average shares outstanding – basic and diluted   34,320,024    28,705,840 
Loss per Common Share outstanding – basic and diluted  $(0.31)  $(1.34)
Schedule of excluded from the dilutive securities
   For the year ended June 30, 
   2024   2023 
Excluded potentially dilutive securities (1)(2):          
Options   2,495,500    1,541,500 
Warrants   18,563,561    18,816,304 
Convertible debt   2,849,000    2,871,660 
Total potentially dilutive securities   23,908,061    23,229,464 

 

  (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.