Accounts Payable and Accrued Liabilities

12 Months Ended

Jun. 30, 2024

Payables and Accruals [Abstract]

Accounts Payable and Accrued Liabilities

10. Accounts Payable and Accrued Liabilities

The table below presents total accounts payable and accrued liabilities at:

	June 30, 2024		June 30, 2023
Trade payables	$	4,255,398	$	1,831,686
Accrued fixed assets		996,970		4,404,034
Accrued expenses		2,244,265		1,377,660
Marketing agreement settlement (Note 19)		1,800,000		-
Right-of-use liability, current		54,304		121,484
Total accounts payable and accrued liabilities	$	9,350,937	$	7,734,864

As of June 30, 2024, the Company had no supplier that accounted for greater than 10% of the total accounts payable and accrued liabilities balance. As of June 30, 2023, the Company had a significant construction supplier that accounted for 28% of the total accounts payable and accrued liabilities balance. On July 3, 2024, the Company entered into a settlement agreement related to a marketing agreement executed in May of 2023 with Mercuria Energy America, LLC. Under the terms of the Settlement Agreement, the Company agreed to make six monthly payments to Mercuria Energy of $0.3 million. The total amount of the settlement is $1.8 million and broken out in the table above.