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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) - USD ($)
6 Months Ended
Dec. 31, 2024
Dec. 31, 2023
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net loss $ (51,464,429) $ (13,704,149)
ADJUSTMENTS TO RECONCILE NET LOSS TO NET CASH USED IN OPERATING ACTIVITIES:    
Depreciation and amortization 64,494 60,422
Loss on extinguishment of debt 120,018
Changed in value of contingent consideration (6,660,000)
Stock-based compensation expense 916,279 1,983,057
Restricted shares for services rendered (including $137,000 of compensation expense) 1,930,901 4,470,000
Goodwill impairment 47,614,729
Amortization of discount of notes payable 32,024 364,415
Changes in assets and liabilities:    
Other receivables 988,962
Prepaid expenses/deposits 418,442 516,296
Accounts payable 1,485,872 281,095
Accrued expenses 175,733 (29,571)
Other current liabilities (68,438)
Operating leases, net (10,621) (14,587)
NET CASH USED IN OPERATING ACTIVITIES (4,576,052) (5,923,830)
CASH FLOWS FROM INVESTING ACTIVITIES:    
Notes receivable (1,073,625)
Purchase of property and equipment (41,584)
NET CASH USED IN INVESTING ACTIVITIES (1,115,209)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Proceeds from issuance of promissory notes 2,540,000
Repayment of finance agreement (427,945) (422,183)
Proceeds from private placement 2,376,181 2,000,000
Proceeds from notes payable 2,671,926 950,000
Proceeds from exercise of warrants 341,865
NET CASH PROVIDED BY FINANCING ACTIVITIES 4,620,162 5,409,682
Effect of exchange rates on cash 47,187 (1,143)
NET CHANGE IN CASH 91,297 (1,630,500)
CASH, BEGINNING OF PERIOD 220,467 1,874,480
CASH, END OF PERIOD 311,764 243,980
Cash paid during the period for:    
Interest 7,436 5,256
SUPPLEMENTAL DISCLOSURES OF NON-CASH FINANCING ACTIVITIES    
Finance agreement entered into in exchange for prepaid assets 1,018,930 906,834
Conversion of note payable for issuance of preferred stock 2,000,001
Debt discount related to convertible promissory notes 24,954 105,263
Debt discount related to notes payable 140,000
Cancellation of restricted stock awards $ 83