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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
12 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Operating Expenses    
General and administrative $ 17,880,050 $ 24,557,608
Research and development 537,428 2,708,829
Intangible asset impairment 42,611,000
Goodwill impairment 170,419,429 11,640,000
Depreciation and amortization 129,095 121,859
Total Operating Expenses 188,966,002 81,639,296
LOSS FROM OPERATIONS (188,966,002) (81,639,296)
Other Income (Expense)    
Change in fair value of contingent consideration 11,680,000 (3,048,183)
Loss on extinguishment of debt 0 (1,303,578)
Change in fair value of equity securities (112,149)
Interest expense (725,684) (1,011,322)
Interest income and other income (expense) 116,346 (1,423,449)
Total Other Income (Expense) 10,958,513 (6,786,532)
NET LOSS $ (178,007,489) $ (88,425,828)
BASIC NET LOSS PER COMMON SHARE $ (1.08) $ (0.91)
DILUTED NET LOSS PER COMMON SHARE $ (1.08) $ (0.91)
WEIGHTED AVERAGE NUMBER OF SHARES OF COMMON STOCK OUTSTANDING - BASIC 165,061,967 97,511,557
WEIGHTED AVERAGE NUMBER OF SHARES OF COMMON STOCK OUTSTANDING - DILUTED 165,061,967 97,511,557