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Consolidated Balance Sheets - USD ($)
Mar. 31, 2023
Jun. 30, 2022
Current assets:    
Cash $ 4,857,255 $ 3,740,722
Deferred compensation, current portion 268,196 662,464
Prepaids & other current assets 199,360 27,662
Total current assets 5,324,811 4,430,848
Property and equipment:    
Equipment 797,995 619,613
Leasehold improvements 541,559 4,666,462
Accumulated depreciation (242,475) (96,987)
Total fixed assets 1,097,079 986,988
Intangible assets, net 10,583 12,833
Right of use asset - facility 382,463 476,370
Deferred compensation, long term portion 11,034
Other assets 13,014 13,014
Total assets 6,827,950 5,931,087
Current liabilities:    
Accounts payable 457,648 114,100
Accrued expenses & other current liabilities 167,282 101,351
Lease liability, current portion 160,882 156,988
Total current liabilities 785,812 372,439
Lease liability, long term portion 337,888 458,705
Commitments and contingencies
Total liabilities 1,123,700 831,144
Stockholders’ equity:    
Preferred stock, par value $0.0001, 10,000,000 authorized, none issued and outstanding.
Common stock, par value $0.0001, and 50,000,000 shares authorized, 12,247,334 and 10,650,002 shares issued and outstanding at March 31, 2023 and June 30, 2022, respectively. 1,225 1,066
Additional paid-in capital 13,456,900 8,781,361
Accumulated deficit (7,753,875) (3,682,484)
Total stockholders’ equity 5,704,250 5,099,943
Total liabilities and stockholders’ equity $ 6,827,950 $ 5,931,087