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Statements of Operations and Comprehensive Loss - USD ($)
 12 Months Ended
Jun. 30, 2024
Jun. 30, 2023
OPERATING EXPENSES:    
Amortization of intangible assets $ 229,377 $ 229,377
Research and development expenses 23,100,394 33,299,503
Selling, general and administrative expenses 8,849,814 11,551,568
TOTAL OPERATING EXPENSES 32,179,585 45,080,448
LOSS FROM OPERATIONS (32,179,585) (45,080,448)
OTHER (INCOME) EXPENSE:    
Change in fair value of derivative liabilities (1,816,271) 1,437,481
Interest expense 2,893,922 4,300,150
Interest income (1,136,703) (562,264)
TOTAL OTHER (INCOME) EXPENSE, NET (59,052) 5,175,367
NET LOSS (32,120,533) (50,255,815)
Deemed dividend related to ratchet adjustment to warrants 886,423
NET LOSS ATTRIBUTABLE TO COMMON STOCKHOLDERS $ (33,006,956) $ (50,255,815)
NET LOSS PER COMMON SHARE    
- Basic $ (7.30) $ (15.47)
- Diluted $ (7.30) $ (15.47)
WEIGHTED AVERAGE NUMBER OF COMMON  SHARES OUTSTANDING    
- Basic 4,518,533 3,248,349
- Diluted 4,518,533 3,248,349
NET LOSS ATTRIBUTABLE TO COMMON STOCKHOLDERS $ (33,006,956) $ (50,255,815)
Other comprehensive (loss) income    
Unrealized gain on available-for-sale investments 176,591
Reclassification of unrealized gains on available-for-sale investments upon settlement (176,591)
Total other comprehensive (loss) income (176,591) 176,591
Comprehensive loss $ (33,183,547) $ (50,079,224)