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SHARE-BASED COMPENSATION (Tables)

12 Months Ended

Jun. 30, 2025

SHARE-BASED COMPENSATION

Summary of share options activity

​

​	​	​	​	​	​
​		​		Weighted
​	​	​	​	Average
​	​	​	​	Exercise Price
Share Options	​	Shares*	​	Per Share*
Outstanding as of June 30, 2023		4,456	​	$	148.50
Granted		—	​	​	—
Forfeited		—	​	​	—
Exercised		—	​	​	—
Expired	​	—	​	​	—
Outstanding as of June 30, 2024		4,456	​	$	148.50
Granted		—	​	​	—
Forfeited		—	​	​	—
Exercised		—	​	​	—
Expired	​	4,456	​	​	148.50
Outstanding as of June 30, 2025		—	​	$	—

* 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, 2023		171,938
Granted		347,527
Vested		(141,526)
Non-vested as of June 30, 2024		377,939
Granted		2,263,194
Vested		(377,939)
Non-vested as of June 30, 2025		2,263,194

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

Summary of outstanding restricted shares

​

The following is a summary of the status of restricted share at June 30, 2025:

​

​	​	​	​	​	​
Outstanding Restricted Shares
​			​		Average
​		​	​	​	Remaining
Fair Value per		​	​		Amortization
Share*		​	Number*		Period (Years)
$	1.545		2,263,194	​	1.75

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

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Tabular disclosure of the changes in outstanding nonvested restricted stock shares.

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Tabular disclosure for stock option plans. Includes, but is not limited to, outstanding awards at beginning and end of year, grants, exercises, forfeitures, and weighted-average grant date fair value.

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