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COMMON SHARES (Tables)

9 Months Ended

Mar. 31, 2025

Equity [Abstract]

Schedule of Black-Scholes model used in valuing the November Public Warrants and November Private Warrants

 Schedule of Black-Scholes model used in valuing the November Public Warrants and November Private Warrants

		November 5, 2024
November Public Warrants:		Series A Public Warrants				Series B Public Warrants
Closing Common Share price		$	1.455			$	1.455
Term (years)			4.5				2.0
Historic equity volatility			67.43	%			67.13	%
Risk-free rate			4.14	%			4.20	%

											March 31, 2025
November Private Warrants:										Series A Private Warrants				Series B Private Warrants
Closing Common Share price										$	1.97			$	1.97
Term (years)											1.62				4.5
Historic equity volatility											80.09	%			71.22	%
Risk-free rate											3.96	%			3.94	%

The following table sets forth a summary of the changes in the fair value of the November Private Warrants liabilities

The following table sets forth a summary of the changes in the fair value of the November Private Warrants liabilities.

		November Private Warrants
Fair value at issuance (November 13, 2024)		$	1,929
Change in fair value			1,258
Fair value as of March 31, 2025		$	3,187

The following primary inputs were used in the Black-Scholes model for valuing the January 2025 Warrants

The following primary inputs were used in the Black-Scholes model for valuing the January 2025 Warrants:

		Series A Public Warrants				Series B Public Warrants
Closing Common Share price		$	2.25			$	2.25
Term (years)			2.5				4.0
Historic equity volatility			73.18	%			73.36	%
Risk-free rate			4.23	%			4.31	%

The Company issued the following Common Shares under the Yorkville Equity Facility Financing Agreement during the nine months period:

 The Company issued the following Common Shares under the Yorkville Equity Facility Financing Agreement during the nine months period:

		For The Three Months Ended March 31,								For The Nine Months Ended March 31,
		2025				2024				2025				2024
Common Shares issued			709,000				242,500				1,919,250				462,500
Gross funds received		$	1,286			$	607			$	3,111			$	1,373
Market value of Common Shares Issued		$	1,328			$	622			$	3,191			$	1,451
Loss on issuance		$	42			$	15			$	80			$	78

Schedule Of Stock Option

Schedule Of Stock Option

			Number of Options				Weighted Average  Exercise Price				Aggregate  Intrinsic Value				Weighted  Average Remaining Life
Balance, June 30, 2024				2,495,500			$	4.78
Granted				945,000				1.41
Exercised				(5,000	)			1.40
Cancelled/expired				(362,500	)			9.25
Balance, March 31, 2025				3,073,000			$	3.17			$	530				3.6 Years

Schedule of warrant transactions

Schedule of warrant transactions

			Number of Warrants				Weighted Average Exercise Price
Balance, June 30, 2024				18,563,561			$	10.53
Granted				12,490,252				2.00
Exercised				(230,000	)			1.75
Expired				(1,303,118	)			9.44

Balance, March 31, 2025 29,520,695 $ 7.12

As of March 31, 2025, the Company had outstanding exercisable Warrants, as follows

As of March 31, 2025, the Company had outstanding exercisable Warrants, as follows:

Number		Exercise Price		Expiry Date
250,000		$4.60		September 1, 2025
413,432		3.54		December 22, 2025
315,000		2.20		June 24, 2026
1,442,090		1.75		November 5, 2026
2,199,602		1.75		November 13, 2026
615,385		3.25		April 12, 2027
2,577,320		1.98		August 2, 2027
15,666,626		11.50		March 17, 2028
2,816,742		2.31		September 17, 2028
1,288,660		2.05		January 31, 2029
836,045		2.07		November 5, 2029
1,099,793		2.07		November 13, 2029
29,520,695

The following observable data points were used in calculating the fair value of the Private Warrants using a Black-Scholes pricing model

The Company classifies the Private Warrants as Level 2 instruments under the fair value hierarchy as inputs into our pricing model are based on observable data points. The following observable data points were used in calculating the fair value of the Private Warrants using a Black-Scholes pricing model:

Key Valuation Input		March 31,  2025			June 30,  2024
Closing Common Share price		$1.97			$1.73
Implied volatility of Public Warrants		64.3	%		69.0	%
Risk free rate		3.88	%		4.45	%
Dividend yield		0	%		0	%
Expected warrant life in years		3.0			3.7

The change in the Private Warrants liability is presented below

The change in the Private Warrants liability is presented below:

		For the Nine Months Ended March 31, 2025
Fair value as of June 30, 2024		$	1,353
Change in fair value			(680	)
Fair value as of March 31, 2025		$	673

The Company valued the Contingent Consent Warrants at $2,262 based on a Black-Scholes valuation with the following inputs:

 The Company valued the Contingent Consent Warrants at $2,262 based on a Black-Scholes valuation with the following inputs:

Key Valuation Input		September 17, 2024
Closing Common Share price		$1.74
Term (years)		4.0
Historic equity volatility		67.14%
Risk-free rate		3.44%

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Tabular disclosure of financial instrument measured at fair value on recurring or nonrecurring basis. Includes, but is not limited to, instrument classified in shareholders' equity.

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Tabular disclosure of warrants or rights issued. Warrants and rights outstanding are derivative securities that give the holder the right to purchase securities (usually equity) from the issuer at a specific price within a certain time frame. Warrants are often included in a new debt issue to entice investors by a higher return potential. The main difference between warrants and call options is that warrants are issued and guaranteed by the company, whereas options are exchange instruments and are not issued by the company. Also, the lifetime of a warrant is often measured in years, while the lifetime of a typical option is measured in months. Disclose the title of issue of securities called for by warrants and rights outstanding, the aggregate amount of securities called for by warrants and rights outstanding, the date from which the warrants or rights are exercisable, and the price at which the warrant or right is exercisable.

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