XML 15 R4.htm IDEA: XBRL DOCUMENT v3.25.0.1
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED) - USD ($)
 3 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Operating Expenses    
General and administrative $ 5,301,251 $ 8,290,210
Research and development 390,189 566,644
Goodwill impairment 47,614,729 0
Depreciation and amortization 32,385 27,260
Total Operating Expenses 53,338,554 8,884,114
LOSS FROM OPERATIONS (53,338,554) (8,884,114)
Other Income (Expense)    
Change in fair value of contingent consideration 9,250,000
Loss on extinguishment of debt (120,018)
Interest expense (250,080) (179,271)
Interest income and other income (expense) 126,598 8,375
Total Other Income (Expense) 9,126,518 (290,914)
NET LOSS $ (44,212,036) $ (9,175,028)
BASIC NET LOSS PER SHARE $ (0.28) $ (0.14)
DILUTED NET LOSS PER SHARE $ (0.28) $ (0.14)
WEIGHTED AVERAGE NUMBER OF SHARES OF COMMON STOCK OUTSTANDING - BASIC 1 64,480,753
WEIGHTED AVERAGE NUMBER OF SHARES OF COMMON STOCK OUTSTANDING - DILUTED 1 64,480,753