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Notes Payable (Tables)
12 Months Ended
Jun. 30, 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 June 30, 2024:

 

      
Principal outstanding  $7,083,333 
Unamortized debt discount and issuance costs   (1,341,156)
Derivative liability associated with convertible notes   366,298 
Changes in fair market value of derivative liability   338,886 
Net carrying value  $6,447,361 
Schedule of Maturities of Notes Payable

The table below presents the maturities of notes payable as of June 30, 2024:

 

      
Fiscal year ended June 30, 2025  $7,083,333 
Fiscal year ended June 30, 2026   - 
Total note payments   7,083,333 
Less: unamortized debt discount and issuance costs   (1,341,156)
Derivative liability, at fair value, less amortization   705,184 
Total notes payable  $6,447,361 
      
Notes payable, current  $6,447,361 
Notes payable, non-current  $-