Consolidated Balance Sheets (Unaudited) - USD ($)	Mar. 31, 2026	Jun. 30, 2025
Current assets:
Cash and cash equivalents	$ 10,159,494	$ 2,564,265
Other receivables	2,167,215	29,468
Prepaid expenses and other current assets	458,539	325,695
Total current assets	12,785,248	2,919,428
Property and equipment, net	135,016	129,444
Right-of-use assets - operating leases	283,447	161,166
Other assets	21,626	56,916
Total assets	13,225,337	3,266,954
Current liabilities:
Accounts payable	1,693,400	6,998,806
Accrued expenses	653,397	881,412
Short-term operating lease liabilities	189,205	129,812
Total current liabilities	2,536,002	8,010,030
Long-term operating lease liabilities	97,457	33,969
Total liabilities	2,633,459	8,043,999
Commitments and contingencies (Note 11)
Stockholders’ equity (deficiency):
Common stock of $0.01 par value – authorized 300,000,000 shares: issued and outstanding 1,776,275 shares as of March 31, 2026 and 929,597 shares as of June 30, 2025	17,763	9,296
Additional paid-in capital	473,667,254	454,287,484
Accumulated deficit	(463,093,213)	(459,073,899)
Total stockholders’ equity (deficiency)	10,591,878	(4,777,045)
Total liabilities and stockholders’ equity (deficiency)	13,225,337	3,266,954
Series A Convertible Preferred Stock [Member]
Stockholders’ equity (deficiency):
Preferred stock value	40	40
Series D Convertible Preferred Stock [Member]
Stockholders’ equity (deficiency):
Preferred stock value	$ 34	$ 34

Carrying value as of the balance sheet date of liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received that are used in an entity's business. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).

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- Definition

Carrying value as of the balance sheet date of obligations incurred and payable, pertaining to costs that are statutory in nature, are incurred on contractual obligations, or accumulate over time and for which invoices have not yet been received or will not be rendered. Examples include taxes, interest, rent and utilities. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).