XML 31 R21.htm IDEA: XBRL DOCUMENT
v3.22.4

Capital Stock (Tables) | 6 Months Ended
--- | ---
Dec. 31, 2022
Share Based Compensation Arrangement By Share Based Payment Award [Line Items] |
Summary of Stock Option Activity Under Stock Incentive and Compensation Plans | A summary of stock option activity under the Stock Incentive and Compensation Plans as of December 31, 2022 is presented below:
Options |  | Options |  |  | Weighted Average Exercise Price |  |  | Weighted- Average Remaining Contractual Term (Years) |  |  | Aggregate Intrinsic Value |
Outstanding at June 30, 2021 |  |  | 1,998,995 |  |  | $ | 1.17 |  |  |  | 3.31 |  |  | $ | — |
Granted |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |
Exercised |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |
Forfeited or expired |  |  | (190,000 | ) |  |  | 1.42 |  |  |  | 1.48 |  |  |  | — |
Outstanding at June 30, 2022 |  |  | 1,808,995 |  |  | $ | 1.14 |  |  |  | 2.42 |  |  | $ | — |
Granted |  |  | 50,000 |  |  |  | 0.60 |  |  |  | 4.75 |  |  |  | — |
Exercised |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |
Forfeited or expired |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |
Outstanding at December 31, 2022 |  |  | 1,858,995 |  |  | $ | 1.13 |  |  |  | 1.99 |  |  | $ | — |
Exercisable at December 31, 2022 |  |  | 1,246,664 |  |  | $ | 1.12 |  |  |  | 2.07 |  |  | $ | — |
Summary of Status of Non-Vested Options | A summary of the status of Paramount’s non-vested options as at December 31, 2022 is presented below:
Non-vested Options |  | Options |  |  | Weighted- Average Grant- Date Fair Value |
Non-vested at June 30, 2021 |  |  | 1,033,998 |  |  | $ | 0.55 |
Granted |  |  | — |  |  |  | — |
Vested |  |  | (288,332 | ) |  |  | 0.53 |
Forfeited or expired |  |  | (88,333 | ) |  |  | 0.73 |
Non-vested at June 30, 2022 |  |  | 657,333 |  |  | $ | 0.55 |
Granted |  |  | 50,000 |  |  |  | 0.19 |
Vested |  |  | (95,002 | ) |  |  | 0.28 |
Forfeited or expired |  |  | — |  |  |  | — |
Non-vested at December 31, 2022 |  |  | 612,331 |  |  | $ | 0.56 |
Summary of RSUs Activity | A summary of RSUs activity is summarized as follows:
Restricted Share Unit Activity |  | Outstanding RSUs |  |  | Weighted average grant date fair value |
Outstanding at June 30, 2021 |  |  | — |  |  | $ | — |
Granted |  |  | 701,000 |  |  |  | 0.65 |
Vested |  |  | — |  |  |  | — |
Forfeited |  |  | — |  |  |  | — |
Outstanding at June 30, 2022 |  |  | 701,000 |  |  | $ | 0.65 |
Granted |  |  | — |  |  |  | — |
Vested |  |  | 150,000 |  |  |  | 0.65 |
Forfeited |  |  | — |  |  |  | — |
Outstanding at December 31, 2022 |  |  | 551,000 |  |  | $ | 0.65 |
Black-Scholes option valuation model |
Share Based Compensation Arrangement By Share Based Payment Award [Line Items] |
Schedule of Fair Value of Options Calculated Using Black-Scholes Option Valuations Method | The fair value for options granted for the six months ended December 31, 2022 was calculated using the Black-Scholes option valuations method. The weighted average assumptions used were as follows:
|  | Six Months Ended December 31, 2022 |  |  | Six Months Ended December 31, 2021
Weighted average risk-free interest rate |  |  | 2.79 | % |  | N/A
Weighted-average volatility |  |  | 58 | % |  | N/A
Expected dividends |  | 0 |  |  | N/A
Weighted average expected term (years) |  | 5 |  |  | N/A
Weighted average fair value |  | $ | 0.19 |  |  | N/A

X
- Definition Tabular disclosure of the changes in outstanding nonvested shares. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (c)(2) -URI https://asc.fasb.org/extlink&oid=128089324&loc=d3e5070-113901 + Details
Name: | us-gaap_ScheduleOfNonvestedShareActivityTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of activity for award under share-based payment arrangement. Includes, but is not limited to, outstanding award at beginning and end of year, granted, exercised, forfeited, and weighted-average grant date fair value. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (e) -URI https://asc.fasb.org/extlink&oid=128089324&loc=d3e5070-113901 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (c)(2) -URI https://asc.fasb.org/extlink&oid=128089324&loc=d3e5070-113901 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (d) -URI https://asc.fasb.org/extlink&oid=128089324&loc=d3e5070-113901 + Details
Name: | us-gaap_ScheduleOfShareBasedCompensationActivityTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the number and weighted-average grant date fair value for restricted stock units that were outstanding at the beginning and end of the year, and the number of restricted stock units that were granted, vested, or forfeited during the year. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (c)(1) -URI https://asc.fasb.org/extlink&oid=128089324&loc=d3e5070-113901 + Details
Name: | us-gaap_ScheduleOfShareBasedCompensationRestrictedStockUnitsAwardActivityTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the significant assumptions used during the year to estimate the fair value of stock options, including, but not limited to: (a) expected term of share options and similar instruments, (b) expected volatility of the entity's shares, (c) expected dividends, (d) risk-free rate(s), and (e) discount for post-vesting restrictions. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (f)(2) -URI https://asc.fasb.org/extlink&oid=128089324&loc=d3e5070-113901 + Details
Name: | us-gaap_ScheduleOfShareBasedPaymentAwardStockOptionsValuationAssumptionsTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. + References No definition available. + Details
Name: | us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Details
Name: | us-gaap_ValuationTechniqueAxis=pzg_BlackScholesOptionModelMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |