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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
Mar. 31, 2025
Jun. 30, 2024
Current assets:    
Cash and cash equivalents $ 17,044,750 $ 12,608,109
Accounts receivable, non-trade 24,592 126,884
Prepaid insurance expense 20,897 458,765
Total current assets 17,090,239 13,193,758
Property and equipment, net 1,623 1,994
Intangible assets, net 4,970,474 5,467,522
Operating lease right-of-use assets 125,213 216,975
Restricted cash 74,732 78,826
Goodwill 8,451,038 8,690,018
Total assets 30,713,319 27,649,093
Current liabilities:    
Accounts payable 745,336 2,243,662
Accrued expenses and other current liabilities 684,989 1,463,421
Operating lease liability 121,738 121,990
Total current liabilities 1,552,063 3,829,073
Operating lease liability, net of current portion 19,322 117,628
Contingent consideration 491,785 587,762
Deferred tax liability 761,737 963,540
Accompanying warrants liability 1,887,457 4,657,832
Other non-current liabilities 3,647 2,886
Total liabilities 4,716,011 10,158,721
Commitments and contingencies (Note 17)
Shareholders’ equity:    
Common stock, $0.00001 par value, 1,853,966 and 1,103,954 shares issued and outstanding at March 31, 2025 and June 30, 2024, respectively 19 11
Additional paid in capital 199,372,800 198,481,027
Accumulated other comprehensive loss, net of tax (3,912,465) (3,013,595)
Accumulated deficit (169,463,046) (177,977,071)
Total shareholders’ equity 25,997,308 17,490,372
Total liabilities and shareholders’ equity $ 30,713,319 $ 27,649,093