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ORDINARY SHARES PURCHASE WARRANTS ISSUED TO INVESTORS (Tables)
12 Months Ended
Jun. 30, 2025
ORDINARY SHARES PURCHASE WARRANTS ISSUED TO INVESTORS  
Summary of fair value measurement inputs under black-scholes model

June 30,

June 30,

Input

    

2025

    

2024

Number of warrants*

 

47,964

47,964

Share price*

$

2.52

$

1.44

Risk-free interest rate

 

3.85

%

 

4.62

%

Volatility

 

95

%

 

105

%

Exercise price*

$

112.32

$

112.32

Warrant life

 

1.96years

 

2.46 years

*

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

Summary of liabilities measured at fair value on recurring basis

    

    

Quoted Prices In

    

Significant Other

    

Significant Other

June 30,

Active Markets

Observable Inputs

Unobservable Inputs

Description

2024

(Level 1)

(Level 2)

(Level 3)

Liabilities:

 

  

 

  

 

  

 

  

Warrant liability - non-current

$

959

$

$

$

959

    

  

    

Quoted Prices In

    

Significant Other

    

Significant Other

 

June 30,

 

Active Markets

 

Observable Inputs

 

Unobservable Inputs

Description

    

2025

    

(Level 1)

    

(Level 2)

    

(Level 3)

Liabilities:

 

  

 

  

 

  

 

  

Warrant liability - non-current

$

96

$

$

$

96

Summary of company warrants activities and status of warrants

    

    

Weighted

    

Average

Average

Remaining

Exercise Price

Period

Warrants

    

Warrants*

    

Per Share*

    

(Years)

Outstanding as of June 30, 2023

 

1,045,368

$

18.90

4.40

Issued

 

Redeemed

 

(997,404)

14.40

Forfeited

Exercised

 

Expired

 

Outstanding as of June 30, 2024

 

47,964

$

112.32

2.96

Issued

 

Redeemed

 

Forfeited

 

Exercised

 

Expired

Outstanding as of June 30, 2025

 

47,964

112.32

1.96

*

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