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FINANCIAL INSTRUMENTS (Tables)
12 Months Ended
Jun. 30, 2023
Investments, All Other Investments [Abstract]  
SCHEDULE OF CASH AND CASH EQUIVALENTS AND INVESTMENTS

 

   As of June 30, 2023 
   Cost  

Unrealized

Gain (Loss)

   Fair Value   Cash and Cash Equivalents 
Cash  $242,271   $ -        $242,271 
Level 1:                    
Money market funds   5,376,812    -   $5,376,812    5,376,812 
Total cash and cash equivalents  $5,619,083   $-   $5,376,812   $5,619,083 

 

   As of June 30, 2022
   Cost  

Unrealized

Gain (Loss)

   Fair Value   Cash and Cash Equivalents   Investments
Cash  $1,233,608   $-        $1,233,608   
Level 1:                      
Money market funds   15,016,058    -   $15,016,058    15,016,058   
Total cash and cash equivalents  $16,249,666   $-   $15,016,058   $16,249,666     
                       
Level 1:                      
Investments  $245,187   $(5,873)  $239,314      $ 239,314
SCHEDULE OF FAIR VALUE OF CONTINGENT CONSIDERATION

As of June 30, 2023, the Company’s contingent consideration liabilities current and non-current balances were as follows:

 

                          
   As of June 30, 2023 
   Contingent Consideration at Purchase Date   Consideration Paid   Changes in Fair Value   Fair Value   Contingent Consideration 
Level 3:                    
Contingent consideration, current - S5D  $2,060,300   $(2,673,300)  $2,521,800   $1,908,800   $1,908,800 
Contingent consideration, current - BLI   1,264,200    -    1,693,500    2,957,700    2,957,700 
Contingent consideration, current - AUGGD   -    (568,571)   568,571    -    - 
Contingent consideration, current - XRT   -    (331,786)   586,077    254,291    254,291 
Total contingent consideration, current portion  $3,324,500   $(3,573,657)  $5,369,948   $5,120,791   $5,120,791 
                          
Level 3:                         
Contingent consideration, non-current - S5D  $7,108,900   $(735,701)  $(5,121,499)  $1,251,700   $1,251,700 
Contingent consideration, non-current - BLI   6,060,700    -    (2,807,400)   3,253,300    3,253,300 
Total contingent consideration, net of current portion  $13,169,600   $(735,701)  $(7,928,899)  $4,505,000   $4,505,000 
As of June 30, 2022, the Company’s contingent consideration liabilities current and non-current balances were as follows:

 

                     
   As of June 30, 2022 
   Contingent Consideration at Purchase Date   Changes in Fair Value   Fair Value   Contingent Consideration 
Level 3:                
Contingent consideration, current - S5D  $2,060,300   $(662,700)  $1,397,600   $1,397,600 
Contingent consideration, current - AUGGD   -    568,571    568,571    568,571 
Total contingent consideration, current  $2,060,300   $(94,129)  $1,966,171   $1,966,171 
                     
Level 3:                    
Contingent consideration, non-current - S5D  $7,108,900   $(1,768,100)  $5,340,800   $5,340,800