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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
Dec. 31, 2025
Jun. 30, 2025
Current assets:    
Cash and cash equivalents $ 22,170,414 $ 14,210,745
Accounts receivable, non-trade 1,109,908 11,948
Restricted cash 79,647 77,945
Prepaid insurance expense 26,954 740,193
Total current assets 23,386,923 15,040,831
Property and equipment, net 2,771
Intangible assets, net 4,473,426 4,804,791
Operating lease right-of-use assets 102,612
Goodwill 8,737,953 8,638,609
Total assets 36,598,302 28,589,614
Current liabilities:    
Accounts payable 520,709 1,154,369
Accrued expenses and other current liabilities 2,065,599 2,950,077
Operating lease liability 116,314
Total current liabilities 2,586,308 4,220,760
Contingent consideration 1,172,859 1,169,675
Deferred tax liability 425,527 495,113
Accompanying warrants liability 2,712,784 3,701,492
Total liabilities 6,897,478 9,587,040
Commitments and contingencies (Note 17)
Shareholders’ equity:    
Common stock, $0.00001 par value, 5,377,329 and 1,978,460 shares issued and outstanding at December 31, 2025 and June 30, 2025, respectively 54 19
Additional paid-in capital, net of subscription receivable 218,315,150 200,194,324
Accumulated other comprehensive loss, net of tax (2,225,265) (2,845,066)
Accumulated deficit (186,389,115) (178,346,703)
Total shareholders’ equity 29,700,824 19,002,574
Total liabilities and shareholders’ equity $ 36,598,302 $ 28,589,614