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Equity Transactions (Tables) | 12 Months Ended
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Jun. 30, 2024
Equity Transactions |
Schedule of proceeds from sale of stock | ​
​ | ​ | ​ | ​
Gross proceeds |  | $ | 3,237,000
Less: offering costs and expenses | ​ | ​ | 117,000
Net proceeds from issuance of common stock | ​ | $ | 3,120,000
Schedule of estimation of estimated the fair value of the warrants granted | For the year ended June 30, 2024, the Company estimated the fair value of the warrants granted quarterly to the Scientific Advisory Board on the date of grant using the Black-Scholes Option-Pricing Model with the following assumptions: ​
​ | ​ | ​ | ​
Expected life (year) |  | 4 | ​
Expected volatility |  | 50.13-55.28 | %
Expected annual rate of quarterly dividends |  | 0.00 | %
Risk-free rate(s) |  | 4.29-4.60 | %
For the year ended June 30, 2023, the Company estimated the fair value of the warrants granted quarterly to the Scientific Advisory Board on the date of grant using the Black-Scholes Option-Pricing Model with the following assumptions:
​ | ​ | ​ | ​
Expected life (year) |  | 4 | ​
Expected volatility |  | 51.39-85.12 | %
Expected annual rate of quarterly dividends |  | 0.00 | %
Risk-free rate(s) |  | 3.025-4.195 | %
​

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- Definition Tabular disclosure of changes in the separate accounts comprising stockholders' equity (in addition to retained earnings) and of the changes in the number of shares of equity securities during at least the most recent annual fiscal period and any subsequent interim period presented is required to make the financial statements sufficiently informative if both financial position and results of operations are presented. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Section 50 -Paragraph 2 -SubTopic 10 -Topic 505 -Publisher FASB -URI https://asc.fasb.org/1943274/2147481112/505-10-50-2 + Details
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