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Consolidated Balance Sheets - USD ($)
Dec. 31, 2024
Jun. 30, 2024
Current assets:    
Cash and cash equivalents $ 3,416,604 $ 9,527,396
Prepaid expenses and other current assets 253,113 242,272
Total current assets 3,669,717 9,769,668
Property and equipment, net 235,741 388,361
Right-of-use assets - operating leases 347,644 527,321
Other assets 56,916 56,916
Total assets 4,310,018 10,742,266
Current liabilities:    
Accounts payable 6,718,233 4,101,929
Accrued expenses 1,650,700 4,185,046
Short-term operating lease liabilities 257,673 380,542
Short-term finance lease liabilities 0 46,014
Other current liabilities 932,150 944,150
Total current liabilities 9,558,756 9,657,681
Long-term operating lease liabilities 100,071 163,782
Other long-term liabilities 1,032,300 1,032,300
Total liabilities 10,691,127 10,853,763
Stockholders' deficiency:    
Common stock of $0.01 par value - authorized 300,000,000 shares issued and outstanding 23,455,846 shares as of December 31, 2024 and 17,926,640 shares as of June 30, 2024 234,558 179,266
Additional paid-in capital 445,416,974 441,475,747
Accumulated deficit (452,032,681) (441,766,550)
Total stockholders' deficiency (6,381,109) (111,497)
Total liabilities and stockholders' deficiency 4,310,018 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 December 31, 2024: issued and outstanding 4,030 shares as of December 31, 2024 and June 30, 2024 $ 40 $ 40