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Leases (Tables)
9 Months Ended
Mar. 31, 2025
Leases [Abstract]  
Schedule of Operating and Finance Lease Including the Remaining Lease payments Through the end of the Expected Lease Term

The following table summarizes the Company’s recognition of the Greenhill Lease including the remaining lease payments through the end of the expected lease term:

 

March 31,

 

 

2025

 

Remainder of 2025

 

$

30,612

 

2026

 

 

114,663

 

Remaining lease payments

 

 

145,275

 

Less: effect of discounting

 

 

(4,215

)

Present value of lease liability

 

$

141,060

 

 

 

 

 

Current operating lease liabilities

 

$

121,738

 

Non-current operating lease liabilities

 

 

19,322

 

Total

 

$

141,060

 

Schedule of Effect of Lease Costs in our Condensed Consolidated Statements of Operations and Comprehensive Income (Loss)

The following table summarizes the effect of lease costs in the Company’s condensed consolidated statements of operations and other comprehensive income (loss):

 

Three Months Ended March 31,

 

 

Nine Months Ended March 31,

 

 

2025

 

 

2024

 

 

2025

 

 

2024

 

Operating lease costs

 

 

 

 

 

 

 

 

 

 

 

 

Research and development

 

$

15,868

 

 

$

15,218

 

 

$

44,148

 

 

$

45,902

 

General and administrative

 

 

15,921

 

 

 

16,945

 

 

 

49,727

 

 

 

50,859

 

Total

 

$

31,789

 

 

$

32,163

 

 

$

93,875

 

 

$

96,761