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STOCKHOLDERS’ EQUITY (DEFICIT) (Tables)

3 Months Ended

Sep. 30, 2024

Class of Warrant or Right [Line Items]

SCHEDULE OF STOCK OPTIONS ACTIVITY

Activity in the Company’s stock options during the three months ended September 30, 2024 and related balances outstanding as of that date are reflected below:

SCHEDULE OF STOCK OPTIONS ACTIVITY 

		Number of Shares				Weighted Average Exercise Price				Weighted Average Remaining Contract Term (# years)				Aggregate intrinsic Value				Weighted Average Grant Date Fair Value
Outstanding at June 30, 2024			1,605,060			$	4.85
Granted			–				–											$	–
Exercised			–				–							$	–
Forfeited and cancelled			(84,942	)			3.39
Outstanding at September 30, 2024			1,520,118				4.94				7.63				–
Exercisable at September 30, 2024			420,825				8.88				4.55				–

Activity in the Company’s stock options during the three months ended September 30, 2023 and related balances outstanding as of that date are reflected below:

		Number of Shares				Weighted Average Exercise Price				Weighted Average Remaining Contract Term (# years)				Aggregate intrinsic Value				Weighted Average Grant Date Fair Value
Outstanding at June 30, 2023			973,400			$	6.44
Granted			–				–											$	–
Exercised			–				–							$	–
Forfeited and cancelled			(34,230	)			8.19
Outstanding at September 30, 2023			939,170				6.40				7.29
Exercisable at September 30, 2023			376,978				10.82				4.62

SCHEDULE OF RESTRICTED STOCK UNITS ACTIVITY

Activity in RSUs during the three months ended September 30, 2024 and related balances outstanding as of that date are reflected below:

SCHEDULE OF RESTRICTED STOCK UNITS ACTIVITY 

Number of Shares

Weighted Average Grant Date Fair Value

Weighted Average Remaining Contract Term (# years)

Outstanding at June 30, 2024

114,666

$

5.56

Granted

–

–

Vested and settled

–

–

Forfeited and cancelled

–

–

Outstanding at September 30, 2024

114,666

5.56

0.36

Activity in RSUs during the three months ended September 30, 2023 and related balances outstanding as of that date are reflected below:

		Number of Shares				Weighted Average Grant Date Fair Value				Weighted Average Remaining Contract Term (# years)
Outstanding at June 30, 2023			193,749			$	6.09
Granted			–				–
Vested and settled			–				–
Forfeited and cancelled			(1,539	)			5.75
Outstanding at September 30, 2023			192,210				6.09				0.74

SCHEDULE OF STOCK-BASED COMPENSATION EXPENSES

The following table summarizes stock-based compensation expense for employee and non-employee stock option and RSU grants:

SCHEDULE OF STOCK-BASED COMPENSATION EXPENSES 

		2024				2023
		Three months ended September 30,
		2024				2023
Selling and administrative		$	319,000			$	216,000
Research and development			28,000				60,000
Total stock-based compensation expense		$	347,000			$	276,000

Warrant [Member]

Class of Warrant or Right [Line Items]

SCHEDULE OF STOCK WARRANT ACTIVITY

Warrant detail for the three months ended September 30, 2024 is reflected below:

SCHEDULE OF STOCK WARRANT ACTIVITY 

		Number of Warrants				Weighted Average Exercise Price Per Warrant				Weighted Average Remaining Contract Term (# years)
Warrants outstanding and exercisable at June 30, 2024			1,413,110			$	6.14
Warrants issued			-				-
Warrants exercised			-				-
Warrants forfeited and cancelled			-				-
Warrants outstanding and exercisable at September 30, 2024			1,413,110				6.14				2.23

Warrant detail for the three months ended September 30, 2023 is reflected below:

		Number of Warrants				Weighted Average Exercise Price Per Warrant				Weighted Average Remaining Contract Term (# years)
Warrants outstanding and exercisable at June 30, 2023			1,455,119			$	6.10
Warrants issued			-				-
Warrants exercised			-				-
Warrants forfeited and cancelled			(83,205	)			4.00
Warrants outstanding and exercisable at September 30, 2023			1,371,914				6.23				3.18

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