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Consolidated Balance Sheets - USD ($)
Sep. 30, 2024
Jun. 30, 2024
Cash and cash equivalents $ 2,384,214 $ 9,527,396
Prepaid expenses and other current assets 228,435 242,272
Total current assets 2,612,649 9,769,668
Property and equipment, net 307,571 388,361
Right-of-use assets - operating leases 438,123 527,321
Other assets 56,916 56,916
Total assets 3,415,259 10,742,266
Accounts payable 3,949,028 4,101,929
Accrued expenses 4,573,292 4,185,046
Short-term operating lease liabilities 319,520 380,542
Short-term finance lease liabilities 18,527 46,014
Other current liabilities 1,001,350 944,150
Total current liabilities 9,861,717 9,657,681
Long-term operating lease liabilities 132,447 163,782
Other long-term liabilities 1,106,700 1,032,300
Total liabilities 11,100,864 10,853,763
Stockholders' deficiency:    
Common stock of $0.01 par value - authorized 300,000,000 shares issued and outstanding 19,548,167 shares as of September 30, 2024 and 17,926,640 shares as of June 30, 2024 195,481 179,266
Additional paid-in capital 441,709,073 441,475,747
Accumulated deficit (449,590,199) (441,766,550)
Total stockholders' deficiency (7,685,605) (111,497)
Total liabilities and stockholders' deficiency 3,415,259 10,742,266
Series A Convertible Preferred Stocks [Member]    
Stockholders' deficiency:    
Preferred stock of $0.01 par value - authorized 10,000,000 shares: shares issued and outstanding designated as follow Series A Convertible: authorized 4,030 shares as of September 30, 2024: issued and outstanding 4,030 shares as of September 30, 2024 and June 30, 2024 $ 40 $ 40