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Debt (Tables) | 12 Months Ended
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Jun. 30, 2025
Debt Disclosure [Abstract] |
Summary of Debentures | At June 30, 2025 and at June 30, 2024, the Debenture consisted of the following:
|  | June 30, 2025 |  |  | June 30, 2024 |
Debt liability of royalty convertible debenture before issuance costs |  |  | $ | 12,239,622 |  |  |  | $ | 12,239,622 |
Less: unamortized issuance costs |  |  |  | (609,077 | ) |  |  |  | (783,099 | )
Net debt liability of royalty convertible debenture |  |  |  | 11,630,545 |  |  |  |  | 11,456,523 |
Derivative liability of royalty convertible debenture |  |  |  | 4,077,929 |  |  |  |  | 3,642,105 |
|  |  | $ | 15,708,474 |  |  |  | $ | 15,098,628 |
Components of Recorded Interest Expense | The following table summarizes the components of recorded interest expense:
|  | For the Year Ended June 30, 2025 |  |  | For the Year Ended June 30, 2024 |
Royalty Convertible Debenture |  | $ | 1,516,667 |  |  | $ | 775,001 |
2019 Secured Convertible Notes (1) |  |  | — |  |  |  | 200,236 |
Bridge Promissory Note (2) |  |  | — |  |  |  | 88,436 |
Amortization of issuance costs on Royalty Convertible Debenture |  |  | 174,022 |  |  |  | 87,012 |
Amortization of discount and debt issuance costs on 2019 Secured Convertible Notes |  |  | — |  |  |  | 4,862 |
Total |  | $ | 1,690,689 |  |  | $ | 1,155,547 |
(1) The 2019 Secured Convertible Notes ("2019 Note") were repaid in December 2023. The 2019 Notes bore and interest rate of 7.5% per annum. (2) The Bridge Promissory Note ("Bridge Note") was repaid in December 2023. The Bridge Note bore an interest rate of 12% per annum.

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