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SHARE-BASED COMPENSATION (Tables)
6 Months Ended
Dec. 31, 2023
SHARE-BASED COMPENSATION  
Summary of share options activity

    

    

 Weighted

Average

Exercise Price

Share Options

Shares*

Per Share*

Outstanding as of June 30, 2022

 

4,444

$

148.50

Granted

 

 

Forfeited

 

 

Exercised

 

 

Expired

 

Outstanding as of June 30, 2023

 

4,444

$

148.50

Granted

 

 

Forfeited

 

 

Exercised

 

 

Expired

Outstanding as of December 31, 2023

 

4,444

$

148.50

*Retrospectively restated for the 1-for-18 reverse stock split on May 1, 2024.

Summary of status of options outstanding and exercisable

The following is a summary of the status of options outstanding and exercisable as of December 31, 2023:

Outstanding Options

Exercisable Options

    

    

Average

    

    

    

Average

Remaining

Remaining

Average Exercise

 

Contractual

Average Exercise

 

Contractual

Price*

Number*

 

life (Years)

Price*

Number*

 

life (Years)

$

148.50

 

4,444

 

1.08

$

148.50

 

4,444

 

1.08

 

4,444

 

  

 

  

 

4,444

 

  

*Retrospectively restated for the 1-for-18 reverse stock split on May 1, 2024.

Summary of restricted shares granted

Restricted share grants

    

Shares*

Non-vested as of June 30, 2022

 

120,407

Granted

 

277,778

Vested

 

(226,247)

Non-vested as of June 30, 2023

 

171,938

Granted

 

Vested

 

(111,111)

Non-vested as of December 31, 2023

 

60,827

*Retrospectively restated for the 1-for-18 reverse stock split on May 1, 2024.

Summary of outstanding restricted shares

Outstanding Restricted Shares

Average

Remaining

Fair Value per

Amortization

Share*

    

Number*

    

Period (Years)

$

18.72

 

60,827

 

1.16

 

60,827

*Retrospectively restated for the 1-for-18 reverse stock split on May 1, 2024.