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CONSOLIDATED BALANCE SHEETS - USD ($)
Jun. 30, 2024
Jun. 30, 2023
CURRENT ASSETS:    
Cash $ 220,467 $ 1,874,480
Insurance receivable 1,108,247 0
Prepaids and other assets 668,929 690,925
Total Current Assets 1,997,643 2,565,405
Property and equipment, net 482,121 508,989
OTHER ASSETS    
Definite life intangible assets, net 30,043 39,676
Indefinite life intangible assets, net 0 42,611,000
Goodwill 159,330,161 11,640,000
Deposits and other assets 19,849 21,741
Operating lease right-of-use assets 1,269,633 913,985
Total Other Assets 160,649,686 55,226,402
TOTAL ASSETS 163,129,450 58,300,796
CURRENT LIABILITIES:    
Accounts payable – trade 9,448,683 5,296,823
Accrued expenses 5,311,324 723,173
Other current liabilities 295,361 184,733
Contingent consideration liability 12,310,000 0
Convertible notes payable 245,000 0
Current portion of operating lease liabilities 493,553 193,422
Notes payable – related parties, net 2,205,996 4,624,947
Total Current Liabilities 30,309,917 11,023,098
NON-CURRENT LIABILITIES:    
Operating lease liabilities, net of current portion 842,389 775,587
Total Non-Current Liabilities 842,389 775,587
Total Liabilities 31,152,306 11,798,685
STOCKHOLDERS’ EQUITY    
Preferred stock, $0.0001 par value; 10,000,000 shares authorized; no shares issued and outstanding 0 0
Common stock, par value $0.0001, 350,000,000 shares authorized, 158,452,644 shares issued and outstanding at June 30, 2024; 63,698,144 shares issued and outstanding at June 30, 2023 15,847 6,371
Additional paid-in capital 464,587,224 290,554,875
Accumulated deficit (332,455,081) (244,029,253)
Accumulated other comprehensive (loss) (170,846) (29,882)
Total Stockholders’ Equity 131,977,144 46,502,111
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY $ 163,129,450 $ 58,300,796