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Condensed Balance Sheets (Unaudited) - USD ($)
Sep. 30, 2022
Jun. 30, 2022
CURRENT ASSETS:    
Cash $ 21,230,918 $ 18,641,716
Prepaids and other assets 359,123 137,879
Total current assets 21,590,041 18,779,595
OTHER ASSETS:    
Operating lease right-of-use assets 109,271 118,254
Intangible assets, net 809,128 866,472
Goodwill 345,711 345,711
Other assets, non-current 4,562 4,562
Total other assets 1,268,672 1,334,999
TOTAL ASSETS 22,858,713 20,114,594
CURRENT LIABILITIES:    
Accounts payable and accrued expenses 2,622,334 2,442,804
Current portion of other liabilities 483,854 1,304,925
Current portion of operating lease liabilities 40,317 38,884
Warrant liabilities 442,592 194,531
Embedded derivative liability 506,511 188,030
Total current liabilities 4,095,608 4,169,174
Other liabilities, net of current portion 48,385
Operating lease liabilities, net of current portion 76,768 87,414
Note payable net of financing costs and unearned premium and discount ($2,274,586 and $2,861,314 as of September 30, 2022 and June 30, 2022, respectively) 12,725,414 12,138,686
TOTAL LIABILITIES 16,897,790 16,443,659
STOCKHOLDERS’ EQUITY:    
Preferred stock; $0.001 par value; 10,000,000 shares authorized; 0 shares issued and outstanding
Common stock, $0.0001 par value; 800,000,000 shares authorized at September 30, 2022 and June 30, 2022, respectively; 30,165,319 and 24,984,083 shares issued and outstanding at September 30, 2022 and June 30, 2022, respectively 3,015 2,496
Additional paid in capital 267,343,509 254,638,329
Accumulated deficit (261,385,601) (250,969,890)
Total stockholders’ equity 5,960,923 3,670,935
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY $ 22,858,713 $ 20,114,594