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ACQUISITION (Tables)
 12 Months Ended
Jun. 30, 2024
Business Combination, Asset Acquisition, and Joint Venture Formation [Abstract]  
Schedule of acquisition date fair value
       
Common stock   $ 136,001,631  
Contingent consideration     20,557,500  
Total consideration transferred   $ 156,559,131  
Schedule of fair value of assets acquired and liabilities assumed
       
Cash   $ 65,851  
Prepaid & Other Assets     151,544  
Fixed Assets     16,243  
Operating lease ROU     624,366  
Total Assets Acquired:     858,004  
         
Accounts Payable     583,577  
Accrued Expenses     722,508  
Operating Lease liability     624,367  
Notes Payable     1,832,460  
Total Liabilities Assumed     3,762,913  
Net Assets Acquired     (2,904,909 )
         
Goodwill     159,464,040  
Total Consideration   $ 156,559,131  
Schedule of consolidated statements of operations
       
Revenues   $ —  
Net loss   $ (1,243,144 )
Schedule of consolidated proforma information
     
Revenues  $— 
Net loss  $(83,571,822)

 

The following consolidated pro forma information assumes that the acquisition of Renovaro Cube took place on July 1, 2022 for the statement of operations for the twelve-month period ended June 30, 2023. These amounts have been estimated after applying the Company’s accounting policies:

 

         
Revenues   $ —  
Net loss   $ (42,490,305 )