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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)
3 Months Ended 9 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Mar. 31, 2025
Mar. 31, 2024
Operating Expenses        
General and administrative $ 4,224,590 $ 7,652,379 $ 13,878,963 $ 19,558,981
Research and development (94,073) 1,087,156 457,200 2,274,321
Goodwill impairment 47,614,729
Intangible asset impairment 0 42,611,000 0 42,611,000
Depreciation and amortization 31,975 30,305 96,469 90,727
Total Operating Expenses 4,162,492 51,380,840 62,047,361 64,535,029
LOSS FROM OPERATIONS (4,162,492) (51,380,840) (62,047,361) (64,535,029)
Other Income (Expenses)        
Change in fair value of contingent consideration 4,330,000 (7,289,156) 10,990,000 (7,289,156)
Change in fair value of equity securities 210,281 210,281
Loss on extinguishment of debt (120,018)
Interest expense (188,685) (303,802) (537,656) (758,057)
Interest and other income 72 (16,272) 109,483 8,041
Total Other Income (Expense) 4,351,668 (7,609,230) 10,772,108 (8,159,190)
NET INCOME (LOSS) $ 189,176 $ (58,990,070) $ (51,275,253) $ (72,694,219)
BASIC INCOME (LOSS PER SHARE) $ 0.00 $ (0.54) $ (0.32) $ (0.91)
DILUTED INCOME (LOSS PER SHARE) $ 0.00 $ (0.54) $ (0.32) $ (0.91)
WEIGHTED AVERAGE NUMBER OF SHARES OF COMMON STOCK OUTSTANDING - BASIC  162,334,574 109,249,637 161,377,448 79,754,095
WEIGHTED AVERAGE NUMBER OF SHARES OF COMMON STOCK OUTSTANDING - DILUTED 163,930,470 109,249,637 161,377,448 79,754,095