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Warrants (Tables)
12 Months Ended
Jun. 30, 2022
Class of Warrant or Right [Line Items]  
Schedule of equity-based warrants

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Weighted

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Average

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Weighted

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Remaining

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Number of

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Average

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Contractual

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Warrants

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Exercise Price

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Life in Years

Outstanding June 30, 2021

 

1,254,952

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$

35.85

 

2.83

Warrants issued

 

10,563,769

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0.92

 

5.12

Warrants exercised

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(3,030,000)

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0.00

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—

Warrants expired

 

(124,250)

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124.69

 

—

Outstanding June 30, 2022

 

8,664,471

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$

4.63

 

4.73

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Warrants to Purchase Common Stock, Equity Classified  
Class of Warrant or Right [Line Items]  
Schedule of significant assumptions used in valuation

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March 7,

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2022

Valuation method

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Black-Scholes

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Expected volatility

 

54.45

%

Equivalent term (years)

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4.89 - 5.00

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Risk-free rate

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1.71

%

Dividend yield

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0.00

%

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