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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
9 Months Ended
Mar. 31, 2022
Mar. 31, 2021
CASH FLOWS FROM OPERATING ACTIVITIES :    
Net loss $ (23,196,375) $ (9,360,576)
ADJUSTMENTS TO RECONCILE NET LOSS TO NET CASH USED IN OPERATING ACTIVITIES:    
Depreciation and amortization 95,258 92,042
Change in contingent consideration liability 5,070,891 (38,313)
Stock based compensation expense 5,348,943 1,184,975
Right-of-use assets 208,088 199,908
Amortization of discount of notes payable 222,822 222,231
Changes in assets and liabilities:    
Other receivables 1,640 1,982
Prepaid expenses/deposits 364,078 562,295
Accounts payable 166,458 (88,015)
Accrued expenses (716,001) (157,261)
Other current liabilities (30,004)
Operating lease liabilities (217,647) (201,944)
NET CASH USED IN OPERATING ACTIVITIES (12,681,849) (7,582,676)
CASH FLOWS FROM INVESTING ACTIVITIES:    
Purchase of property and equipment (5,156) (10,721)
NET CASH USED IN INVESTING ACTIVITIES (5,156) (10,721)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Proceeds from exercise of warrants 130,000 82,057
Repayment of finance agreement (449,765) (304,258)
Proceeds from LPC equity agreement 3,500,039
Proceeds from 2021 Private Placement 3,620,800
NET CASH PROVIDED BY FINANCING ACTIVITIES 3,180,274 3,398,599
Effect of exchange rates on cash (6,762) 24,721
NET CHANGE IN CASH (9,513,493) (4,170,077)
CASH, BEGINNING OF PERIOD 20,664,410 8,696,361
CASH, END OF PERIOD 11,150,917 4,526,284
SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION    
Interest 55,880 36,453
Income Taxes 34 37
SUPPLEMENTAL DISCLOSURES OF NON-CASH INVESTING AND FINANCING ACTIVITIES    
Contingent shares issued pursuant to acquisition agreement 798,000
Shares issued in lieu of interest expense on $5 million note payable extension 298,178
Discount on $5 million note payable related to prepaid interest paid in the form of shares issued 222,231
Finance agreement entered into in exchange for prepaid assets $ 666,875