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STOCKHOLDERS’ EQUITY (DEFICIT) (Tables)

3 Months Ended

Sep. 30, 2025

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, 2025 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, 2025			796,660			$	4.10
Granted			536,660				1.88											$	1.23
Exercised			–				–							$	–
Forfeited and cancelled			(119,439	)			3.78
Outstanding at September 30, 2025			1,213,881				3.15				7.99				1,138,000
Exercisable at September 30, 2025			766,905				4.58				5.52				86,000

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:

		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

SCHEDULE OF FAIR VALUE ASSUMPTIONS OF STOCK OPTIONS

The Company uses the Black-Scholes valuation model to calculate the fair value of stock options at the date of grant. Weighted average annualized percentages and expected term inputs used in Black-Scholes valuations during the periods listed below are:

SCHEDULE OF FAIR VALUE ASSUMPTIONS OF STOCK OPTIONS

		Three months ended September 30,
		2025				2024 (1)
Expected volatility			95.46	%			-
Risk free interest rate			3.85	%			-
Dividend yield			–	%			-
Expected term (years)			5.87

⁽¹⁾ No stock options were issued during the three months ended September 30, 2024.

SCHEDULE OF RESTRICTED STOCK UNITS ACTIVITY

Activity in RSUs, including PSUs, during the three months ended September 30, 2025 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, 2025			200,000			$	1.60
Granted			304,878				1.43
Vested and settled			–				–
Forfeited and cancelled			–				–
Outstanding at September 30, 2025			504,878				1.49				1.92

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

		Number of Shares				Weighted Average Grant Date Fair Value
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

SCHEDULE OF STOCK-BASED COMPENSATION EXPENSES

The following table summarizes SBC expense:

SCHEDULE OF STOCK-BASED COMPENSATION EXPENSES

			1				2
		Three months ended September 30,
		2025				2024
Selling and administrative		$	210,000			$	319,000
Research and development			(1,000	)			28,000
Total stock-based compensation expense		$	209,000			$	347,000

Warrant [Member]

Class of Warrant or Right [Line Items]

SCHEDULE OF STOCK WARRANT ACTIVITY

Activity in the Company’s common stock warrants during the three months ended September 30, 2025 is reflected below:

SCHEDULE OF STOCK WARRANT ACTIVITY

		Number of Warrants				Weighted Average Exercise Price Per Warrant				Weighted Average Remaining Contract Term (# years)
Outstanding and exercisable at June 30, 2025			1,413,110			$	6.14
Issued			1,214,766				1.72
Exercised			–				–
Forfeited and cancelled			–				–
Outstanding and exercisable at September 30, 2025			2,627,876				4.10				2.95

Activity in the Company’s common stock warrants during the three months ended September 30, 2024 is reflected below:

		Number of Warrants				Weighted Average Exercise Price Per Warrant
Outstanding and exercisable at June 30, 2024			1,413,110			$	6.14
Issued			-				-
Exercised			-				-
Forfeited and cancelled			-				-
Outstanding and exercisable at September 30, 2024			1,413,110				6.14

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