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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
9 Months Ended
Mar. 31, 2025
Mar. 31, 2024
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net loss $ (51,275,253) $ (72,694,219)
ADJUSTMENTS TO RECONCILE NET LOSS TO NET CASH USED IN OPERATING ACTIVITIES:    
Depreciation and amortization 96,469 90,727
Loss on extinguishment of debt 120,018
Change in value of contingent consideration (10,990,000) 7,289,156
Change in value of equity securities (210,281)
Stock-based compensation expense 2,415,478 3,844,658
Restricted shares for services rendered (including $153,444 of compensation expense) 1,946,844 4,570,000
Goodwill impairment 47,614,729
Intangible asset impairment 0 42,611,000
Amortization of discount of notes payable 32,024 494,809
Changes in assets and liabilities:    
Other receivables 986,870
Prepaid expenses/deposits 744,557 798,741
Accounts payable 2,277,375 2,110,232
Accrued expenses 379,468 2,194,293
Other current liabilities (68,437)
Operating leases, net (13,354) 12,936
NET CASH USED IN OPERATING ACTIVITIES (6,063,511) (8,557,649)
CASH FLOWS FROM INVESTING ACTIVITIES:    
Notes receivable prior to acquisition (1,225,779)
Investment in equity securities (1,464,389)
Cash received from acquisition 65,851
Purchase of property and equipment (46,878)
NET CASH USED IN INVESTING ACTIVITIES (1,464,389) (1,206,806)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Proceeds from issuance of promissory notes 3,645,000
Repayment of finance agreement (699,588) (646,128)
Proceeds from private placement 2,376,181 3,000,000
Stock subscription payable 3,000,000
Proceeds from notes payable 3,527,822 1,710,000
Proceeds from exercise of warrants 341,865
NET CASH PROVIDED BY FINANCING ACTIVITIES 8,204,415 8,050,737
Effect of exchange rates on cash 26,020 151,935
NET CHANGE IN CASH 702,535 (1,561,783)
CASH, BEGINNING OF PERIOD 220,467 1,874,480
CASH, END OF PERIOD 923,002 312,697
Cash paid during the period for:    
Interest 15,995 12,692
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
Common shares issued upon acquisition 136,001,631
Contingent consideration issued upon acquisition 20,557,500
Earn out shares issued in settlement of contingent liability 7,775,656
Note payable settled through non-cash exercise of warrants 2,000,000
Debt discount related to convertible promissory notes 24,954
Debt discount related to notes payable 301,841
Cancellation of restricted stock awards $ 83