XML 18 R2.htm IDEA: XBRL DOCUMENT v3.25.0.1
CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($)
Dec. 31, 2024
Jun. 30, 2024
CURRENT ASSETS:    
Cash $ 311,764 $ 220,467
Insurance receivable 127,080 1,108,247
Prepaids and other assets 1,269,417 668,929
Total Current Assets 1,708,261 1,997,643
Property and equipment, net 422,032 482,121
OTHER ASSETS:    
Definite life intangible assets, net 17,853 30,043
Goodwill 107,999,273 159,330,161
Deposits and other assets 12,054 19,849
Operating lease right-of-use assets 1,180,799 1,269,633
Total Other Assets 109,209,979 160,649,686
TOTAL ASSETS 111,340,272 163,129,450
CURRENT LIABILITIES:    
Accounts payable – trade 10,934,555 9,448,683
Accrued expenses 5,512,004 5,311,324
Other current liabilities 817,908 295,361
Contingent consideration liability 5,650,000 12,310,000
Convertible notes payable 245,000 245,000
Current portion of operating lease liabilities 562,287 493,553
Notes payable – related parties, net 4,885,000 2,205,996
Total Current Liabilities 28,606,754 30,309,917
NON-CURRENT LIABILITIES:    
Operating lease liabilities, net of current portion 674,200 842,389
 Total Non-Current Liabilities 674,200 842,389
Total Liabilities 29,280,954 31,152,306
STOCKHOLDERS’ EQUITY:    
Preferred stock, $0.0001 par value; 10,000,000 shares authorized; no shares issued and outstanding
Common Stock, par value $0.0001, 350,000,000 shares authorized, 162,142,907 shares issued and outstanding at December 31, 2024, and 158,452,644 shares issued and outstanding at June 30, 2024 16,216 15,847
Additional paid-in capital 469,810,215 464,587,224
Accumulated deficit (383,919,510) (332,455,081)
Accumulated other comprehensive income (loss) (3,847,603) (170,846)
Total Stockholders’ Equity 82,059,318 131,977,144
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY $ 111,340,272 $ 163,129,450