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RESTATEMENT OF PREVIOUSLY ISSUED FINANCIAL STATEMENTS (Details) | 9 Months Ended
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Mar. 31, 2024 USD ($) $ / shares
As Reported [Member] |
Indefinite life intangible assets | $ 44,945,255
Total other assets | 210,570,510
Total assets | 212,279,340
Accumulated deficit | (274,757,816)
Total stockholders’ equity | 168,595,556
Total liabilities and stockholders’ equity | 212,279,340
Intangible asset impairment | 8,421,000
Total operating expenses for the three months ended March 31, 2024 | 17,190,840
Total operating expenses for the nine months ended March 31, 2024 | 30,345,029
Loss from operations three months ended March 31, 2024 | (17,190,840)
Loss from operations nine months ended March 31, 2024 | (30,345,029)
Net loss for the three months ended March 31, 2024 | (17,024,414)
Net loss for the nine months ended March 31, 2024 | (30,728,563)
Comprehensive loss for the three months ended March 31, 2024 | (15,963,213)
Comprehensive loss for the nine months ended March 31, 2024 | $ (29,664,711)
Basic and diluted net loss per share for the three months ended March 31, 2024 | $ / shares | $ (0.16)
Basic and diluted net loss per share for the nine months ended March 31, 2024 | $ / shares | $ (0.39)
Change [Member] |
Indefinite life intangible assets | $ (34,190,000)
Total other assets | (34,190,000)
Total assets | (34,190,000)
Accumulated deficit | (34,190,000)
Total stockholders’ equity | (34,190,000)
Total liabilities and stockholders’ equity | (34,190,000)
Intangible asset impairment | 34,190,000
Total operating expenses for the three months ended March 31, 2024 | 34,190,000
Total operating expenses for the nine months ended March 31, 2024 | 34,190,000
Loss from operations three months ended March 31, 2024 | (34,190,000)
Loss from operations nine months ended March 31, 2024 | (34,190,000)
Net loss for the three months ended March 31, 2024 | (34,190,000)
Net loss for the nine months ended March 31, 2024 | (34,190,000)
Comprehensive loss for the three months ended March 31, 2024 | (34,190,000)
Comprehensive loss for the nine months ended March 31, 2024 | $ (34,190,000)
Basic and diluted net loss per share for the three months ended March 31, 2024 | $ / shares | $ (0.32)
Basic and diluted net loss per share for the nine months ended March 31, 2024 | $ / shares | $ (0.43)
As Restated [Member] |
Indefinite life intangible assets | $ 10,755,255
Total other assets | 176,380,510
Total assets | 178,089,340
Accumulated deficit | (308,947,816)
Total stockholders’ equity | 134,405,556
Total liabilities and stockholders’ equity | 178,089,340
Intangible asset impairment | 42,611,000
Total operating expenses for the three months ended March 31, 2024 | 51,380,840
Total operating expenses for the nine months ended March 31, 2024 | 64,535,029
Loss from operations three months ended March 31, 2024 | (51,380,840)
Loss from operations nine months ended March 31, 2024 | (64,535,029)
Net loss for the three months ended March 31, 2024 | (51,214,414)
Net loss for the nine months ended March 31, 2024 | (64,918,563)
Comprehensive loss for the three months ended March 31, 2024 | (50,153,213)
Comprehensive loss for the nine months ended March 31, 2024 | $ (63,854,711)
Basic and diluted net loss per share for the three months ended March 31, 2024 | $ / shares | $ (0.48)
Basic and diluted net loss per share for the nine months ended March 31, 2024 | $ / shares | $ (0.82)

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