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Consolidated Balance Sheets - USD ($)
Dec. 31, 2024
Jun. 30, 2024
Jun. 30, 2023
Current assets:      
Cash and cash equivalents $ 3,063,059 $ 1,291,072 $ 5,071,690
Accounts receivable 1,324,632 60,004 189,239
Deferred compensation 6,171 20,133 53,034
Prepaids and other current assets 136,307 21,637 19,943
Total current assets 4,530,169 1,392,846 5,333,906
Property and equipment:      
Equipment 1,572,291 1,531,494 1,209,656
Leasehold improvements 546,864 546,864 546,864
Accumulated depreciation (809,436) (608,630) (300,445)
Property and equipment, net 1,309,719 1,469,728 1,456,075
Intangible assets 5,333 6,833 9,833
Right of use asset - facility 899,623 961,626 351,013
Other assets 13,014 13,014 13,014
Total assets 6,757,858 3,844,047 7,163,841
Current liabilities:      
Accounts payable 182,932 317,237 461,797
Accrued expenses and other current liabilities 172,414 180,706 133,092
Lease liability, current portion 133,460 128,743 162,210
Total current liabilities 488,806 626,686 757,099
Lease liability, long term portion 873,276 941,200 296,452
Derivative liabilities 5,048,174  
Convertible notes (Note 3) 1,379,690  
Total liabilities 7,789,946 1,567,886 1,053,551
Commitments and contingencies
Stockholders’ equity:      
Preferred stock, Value
Common Stock, Value 1,224 1,218 1,282
Additional paid-in capital 16,215,492 15,899,304 15,171,074
Accumulated deficit (17,248,804) (13,624,361) (9,062,066)
Total stockholders’ equity (1,032,088) 2,276,161 6,110,290
Total liabilities and stockholders’ equity $ 6,757,858 3,844,047 $ 7,163,841
Previously Reported      
Current assets:      
Cash and cash equivalents   1,291,072  
Accounts receivable   60,004  
Deferred compensation   20,133  
Prepaids and other current assets   21,637  
Total current assets   1,392,846  
Property and equipment:      
Equipment   1,531,494  
Leasehold improvements   546,864  
Accumulated depreciation   (608,630)  
Property and equipment, net   1,469,728  
Intangible assets   6,833  
Right of use asset - facility   961,626  
Other assets   13,014  
Total assets   3,844,047  
Current liabilities:      
Accounts payable   317,237  
Accrued expenses and other current liabilities   180,706  
Lease liability, current portion   128,743  
Total current liabilities   626,686  
Lease liability, long term portion   941,200  
Total liabilities   1,567,886  
Commitments and contingencies    
Stockholders’ equity:      
Preferred stock, Value    
Common Stock, Value   1,218  
Additional paid-in capital   15,899,304  
Accumulated deficit   (13,624,361)  
Total stockholders’ equity   2,276,161  
Total liabilities and stockholders’ equity   $ 3,844,047