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EARNINGS PER SHARE (Tables)

6 Months Ended

Dec. 31, 2022

Earnings Per Share [Abstract]

SCHEDULE OF COMPUTATION OF BASIC AND DILUTED NET LOSS PER SHARE

The following table presents the computation of basic and diluted net income (loss) per common share:

SCHEDULE OF COMPUTATION OF BASIC AND DILUTED NET LOSS PER SHARE  

		For the Three Months Ended								For the Six Months Ended
		December 31,								December 31,
Numerator:										2022				2021
Net income (loss)		$	1,308,365			$	(1,575,394	)		$	(4,074,362	)		$	(3,232,155	)
Denominator:
Weighted-average common shares outstanding for basic net income (loss) per share			13,779,958				11,637,318				13,548,573				10,802,570
Weighted-average common shares outstanding for diluted net income (loss) per share			19,264,307				11,637,318				13,548,573				10,802,570
Basic net income (loss) per share		$	0.09			$	(0.14	)		$	(0.30	)		$	(0.30	)
Diluted net income (loss) per share		$	0.07			$	(0.14	)		$	(0.30	)		$	(0.30	)

SCHEDULE OF POTENTIALLY DILUTIVE SECURITIES

Potentially dilutive securities that were not included in the calculation of basic net income (loss) per share attributable to common stockholders for the three months ended December 31, 2021 and for the six months ended December 31, 2022 and 2021, because their effect would be anti-dilutive are as follows (in common equivalent shares):

SCHEDULE OF POTENTIALLY DILUTIVE SECURITIES  

		At December 31, 2022				At December 31, 2021
Stock Options			4,626,246				3,974,702
Warrants			837,500				837,500
Total			5,463,746				4,812,202

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- References

No definition available.

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- Definition

Tabular disclosure of securities (including those issuable pursuant to contingent stock agreements) that could potentially dilute basic earnings per share (EPS) in the future that were not included in the computation of diluted EPS because to do so would increase EPS amounts or decrease loss per share amounts for the period presented, by antidilutive securities.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 50
-Paragraph 1
-Subparagraph (c)
-URI https://asc.fasb.org/extlink&oid=124432515&loc=d3e3550-109257

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- Definition

Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 50
-Paragraph 1
-Subparagraph (a)
-URI https://asc.fasb.org/extlink&oid=124432515&loc=d3e3550-109257

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