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Consolidated Statements of Cash Flows (unaudited) - USD ($)
9 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Operating activities:    
Net loss $ (4,071,391) $ (2,140,722)
Adjustments to reconcile net loss to net cash used in operating activities:    
Issuance of shares for services 300,000
Amortization of deferred compensation 405,302 497,302
Partial refund of facility lease deposit 52,055
Stock-based compensation expense 304,553 70,782
Depreciation and amortization expense 147,738 52,182
Change in prepaids & other current assets (171,698) (84,094)
Change in accounts payable 343,548 30,408
Change in accrued expenses & other current liabilities 42,915 105,248
Net cash used in operating activities (2,699,033) (1,416,839)
Investing activities:    
Purchase of equipment (178,382) (285,382)
Payment for leasehold improvements (77,197) (431,117)
Net cash used in investing activities (255,579) (716,499)
Financing activities:    
Proceeds from Private Placement 4,071,145 206,930
Payment of other offering costs (45,000)
Net cash provided by financing activities 4,071,145 161,930
Net change in cash 1,116,533 (1,971,408)
Cash, beginning of period 3,740,722 6,787,250
Cash, end of period $ 4,857,255 $ 4,815,842