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COMMITMENTS AND CONTINGENCIES (Details Narrative) - USD ($) $ in Thousands |  | 7 Months Ended | 12 Months Ended
--- | --- | --- | ---
Dec. 15, 2022 | Jun. 30, 2023 | Jun. 30, 2023 | Jun. 30, 2022
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items] |  |  |  |
Rent expense |  |  | $ 563,000 | $ 559,000
Retirement Savings 401k Plan [Member] |  |  |  |
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items] |  |  |  |
Percentage of matching contributions | 25.00% | 50.00% |  |
Percentage of maximum employee contributions | 5.00% | 5.00% |  |
Compensation expense |  |  | 164,000 | 72,000
Forfeited match contributions used to reduce match expense |  |  | $ 13,000 | $ 25,000

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