Notes Payable (Tables)

9 Months Ended

Mar. 31, 2024

Debt Disclosure [Abstract]

Schedule of Net Carrying Amounts of the Notes

The table below presents the net carrying amounts of the Notes as of:

	March 31, 2024			June 30, 2023
Principal outstanding	$	12,483,333		$	-
Unamortized debt discount and issuance costs		(2,520,864	)		-
Derivative liability associated with convertible notes		366,298			-
Changes in fair market value of derivative liability		419,739			-
Net carrying value	$	10,748,506		$	-

Schedule of Maturities of Notes Payable

The table below presents the maturities of notes payable as of March 31, 2024:

March 31, 2025	$	12,483,333
March 31, 2026		-
Total note payments		12,483,333
Less: unamortized debt discount and issuance costs		(2,520,864	)
Derivative liability, at fair value, less amortization		786,037
Total notes payable	$	10,748,506
Notes payable, current	$	10,748,506
Notes payable, non-current	$	-