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Income Taxes (Tables)
12 Months Ended
Jun. 30, 2025
Income Tax Disclosure [Abstract]  
Schedule of Federal Income Tax provision

 

   2025   2024 
         
Net loss before taxes  $(46,762,625)  $(52,501,819)
Statutory Rate   21%   21%
           
Computed expected tax recovery   (9,839,003)   (11,025,382)
           
State income tax (benefit), net of federal benefit   (1,080,844)   (315,287)
Section 162(m) adjustments   -    71,043 
Other permanent tax differences   537,794    (121,985)
Share-based compensation – RSUs/PSUs   1,351,909    701,362 
Uncertain tax positions   -    (219,450)
Tax credit   (11,697)   - 
Deferred adjustments and other   (501,191)   (518,766)
Change in valuation allowance   9,543,032    11,428,465 
           
Total income tax provision  $-   $- 
Schedule of Deferred Income Tax Assets and Liabilities

The significant components of deferred income tax assets and liabilities at June 30, after applying the statutory corporate income tax rate, are as follows for the fiscal years ended June 30:

   

   2025   2024 
         
Net operating losses  $30,864,583   $25,676,852 
Stock-based compensation   4,097,550    2,472,597 
Section 174 capitalization   2,328,383    1,938,732 
Other temporary differences   420,994    390,384 
Fixed assets and intangibles   4,007,255    1,697,171 
Valuation allowance   (41,718,765)   (32,175,736)
           
Net deferred tax asset  $-   $- 
Schedule of Unrecognized Tax Benefits

The Company has recorded uncertain tax positions (“UTP”) that result in unrecognized tax benefits recorded on the books of the Company. The unrecognized tax benefits for the Company are as follows as of June 30:

  

   2025   2024 
Unrecognized tax benefits, beginning of period  $-   $219,450 
Decrease during the period   -    (219,450)
Increase during the period   -      
           
Unrecognized tax benefits, end of period  $-   $-