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Fair Value Measurements (Tables) | 12 Months Ended
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Jun. 30, 2024
Fair Value Disclosures [Abstract] |
Schedule of derivative liabilities at fair value |
Schedule of derivative liabilities at fair value |  |  |  |  |  |  |  |  |  |  |  |
|  | Fair Value Measurements at |
|  | June 30, 2024 |
|  | Level 1 |  |  | Level 2 |  |  | Level 3 |  |  | Total |
Derivative liability - Warrants |  | $ | - |  |  | $ | - |  |  | $ | 3,771 |  |  | $ | 3,771 |
Derivative liability - Conversion Option |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |
Total derivative liabilities |  | $ | - |  |  | $ | - |  |  | $ | 3,771 |  |  | $ | 3,771 |
|  | Fair Value Measurements at |
|  | June 30, 2023 |
|  | Level 1 |  |  | Level 2 |  |  | Level 3 |  |  | Total |
Derivative liability - Warrants |  | $ | - |  |  | $ | - |  |  | $ | 894,280 |  |  | $ | 894,280 |
Derivative liability - Conversion option |  |  | - |  |  |  | - |  |  |  | 925,762 |  |  |  | 925,762 |
Total derivative liabilities |  | $ | - |  |  | $ | - |  |  | $ | 1,820,042 |  |  | $ | 1,820,042 |
Fair value, liabilities measured on recurring basis |
Fair value, liabilities measured on recurring basis |  |  |  |  |  |  |  |
|  | Derivative liability - Warrants |  |  | Derivative liability - Conversion Option |
Balance at June 30, 2022 |  | $ | 194,531 |  |  | $ | 188,030 |
Additions to level 3 liabilities |  |  | - |  |  |  | - |
Change in in fair value of level 3 liabilities |  |  | 699,749 |  |  |  | 737,732 |
Transfer in and/or out of level 3 |  |  | - |  |  |  | - |
Balance at June 30, 2023 |  | $ | 894,280 |  |  | $ | 925,762 |
Additions to level 3 liabilities |  |  | - |  |  |  | - |
Change in in fair value of level 3 liabilities |  |  | (890,509 | ) |  |  | (925,762 | )
Transfer in and/or out of level 3 |  |  | - |  |  |  | - |
Balance at June 30, 2024 |  | $ | 3,771 |  |  | $ | - |
Measured at fair value on a recurring basis |
Measured at fair value on a recurring basis |  |  |  |  |  |  |  |  |  |  |  |
|  | Fair Value Measurements at |
|  | June 30, 2024 |
|  | Level 1 |  |  | Level 2 |  |  | Level 3 |  |  | Total |
Cash |  | $ | 12,763,941 |  |  | $ | - |  |  | $ | - |  |  | $ | 12,763,941 |
U.S. Treasury Bills due in 3 months or less at purchase |  |  | 11,079,857 |  |  |  | - |  |  |  | - |  |  |  | 11,079,857 |
Total |  | $ | 23,843,798 |  |  | $ | - |  |  | $ | - |  |  | $ | 23,843,798 |
|  | Fair Value Measurements at |
|  | June 30, 2023 |
|  | Level 1 |  |  | Level 2 |  |  | Level 3 |  |  | Total |
Cash |  | $ | 6,304,543 |  |  | $ | - |  |  | $ | - |  |  | $ | 6,304,543 |
U.S. Treasury Bills due in 3 months or less at purchase |  |  | 13,156,340 |  |  |  | - |  |  |  | - |  |  |  | 13,156,340 |
U.S. Treasury Bills due in 3 - 6 months at purchase |  |  | 14,477,726 |  |  |  | - |  |  |  | - |  |  |  | 14,477,726 |
Total |  | $ | 33,938,609 |  |  | $ | - |  |  | $ | - |  |  | $ | 33,938,609 |

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- Definition Tabular disclosure of financial instrument measured at fair value on recurring or nonrecurring basis. Includes, but is not limited to, instrument classified in shareholders' equity. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 820 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482106/820-10-50-2 Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 820 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482106/820-10-50-2 Reference 3: http://www.xbrl.org/2003/role/exampleRef -Topic 820 -SubTopic 10 -Name Accounting Standards Codification -Section 55 -Paragraph 100 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482078/820-10-55-100 Reference 4: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 820 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 3 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482106/820-10-50-3 + Details
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- Definition Tabular disclosure of the fair value measurement of liabilities using significant unobservable inputs (Level 3), a reconciliation of the beginning and ending balances, separately presenting changes attributable to the following: (1) total gains or losses for the period (realized and unrealized), segregating those gains or losses included in earnings (or changes in net assets), and gains or losses recognized in other comprehensive income (loss) and a description of where those gains or losses included in earnings (or changes in net assets) are reported in the statement of income (or activities); (2) purchases, sales, issues, and settlements (each type disclosed separately); and (3) transfers in and transfers out of Level 3 (for example, transfers due to changes in the observability of significant inputs) by class of liability. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 820 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 3 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482106/820-10-50-3 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 820 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (d) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482106/820-10-50-2 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 820 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (c) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482106/820-10-50-2 + Details
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