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Inventories
6 Months Ended
Dec. 31, 2024
Inventory Disclosure [Abstract]  
Inventories

4. Inventories

 

The Company’s inventory for its lithium-ion battery recycling operation is comprised of raw materials, in the form of battery feedstock, and finished goods, in the form of black mass and other metals. Inventory is valued at the lower of average cost or net realizable value. The carrying value of inventory includes those costs to acquire battery feedstock and any related carrying and processing costs incurred by the Company.

 

   December 31, 2024   June 30, 2024 
Raw materials  $449,665   $66,088 
Finished goods   124,438    88,232 
Total  $574,103   $154,320