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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

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Tabular disclosure of the changes in outstanding nonvested shares.

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