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Fair Value Measurements (Tables)

12 Months Ended

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

X

- 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

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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

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- Definition

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+ References

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