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Balance Sheet - USD ($)
Jun. 30, 2025
Jun. 30, 2024
CURRENT ASSETS:    
Cash and cash equivalents $ 1,558,564 $ 4,797,778
Prepaid expenses 112,146 172,742
Total current assets 1,670,710 4,970,520
Property and equipment, net 6,833,891 7,512,463
Intangible assets, net 317,039 325,308
OTHER ASSETS    
Service agreements 2,445 14,562
Total assets 8,824,085 12,822,853
CURRENT LIABILITIES:    
Accrued expenses 25,969 262,467
Total current liabilities 1,306,519 1,358,776
COMMITMENTS AND CONTINGENCIES (NOTE 11)
STOCKHOLDERS' EQUITY:    
Common stock, $0.00001 par value; 150,000,000 shares authorized, 16,606,832 and 13,144,055 shares issued and outstanding at June 30, 2025 and 2024, respectively. (Note 8) 166 131
Additional paid-in capital 156,359,252 150,838,832
Accumulated deficit (148,841,861) (139,374,895)
Total stockholders' equity 7,517,566 11,464,077
Total liabilities and stockholders' equity 8,824,085 12,822,853
Nonrelated party    
CURRENT LIABILITIES:    
Accounts payable 459,094 376,270
Related party    
CURRENT LIABILITIES:    
Accounts payable 821,456 720,039
Series A convertible preferred stock    
STOCKHOLDERS' EQUITY:    
Series A convertible preferred stock, $0.00001 par value, 10,000,000 shares designated, 905,717 and 892,625 shares issued and outstanding, at June 30, 2025 and 2024, respectively. (Note 9) $ 9 $ 9