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Condensed Balance Sheets (Unaudited) - USD ($)
Mar. 31, 2022
Jun. 30, 2021
CURRENT ASSETS:    
Cash $ 24,506,813 $ 4,511,642
Other assets 284,967 93,487
Total current assets 24,791,780 4,605,129
OTHER  ASSETS:    
Operating lease right-of-use assets 127,105
Intangible assets, net 923,817 1,095,849
Goodwill 345,711 345,711
Total other assets 1,396,633 1,441,560
TOTAL ASSETS 26,188,413 6,046,689
CURRENT LIABILITIES:    
Accounts payable and accrued expenses 1,206,323 996,374
Current portion of other liabilities 580,625
Current portion of operating lease liabilities 29,250
Warrant liabilities 1,023,294
Embedded derivative liability 1,477,880
Total current liabilities 4,317,372 996,374
Other liabilities, net of current portion 193,542
Operating lease liabilities, net of current portion 97,779
Note payable net of financing costs and unearned premium and discount ($3,375,064) 11,624,935
TOTAL LIABILITIES 16,233,628 996,374
STOCKHOLDERS’ EQUITY :    
Preferred stock; $0.001 par value; 10,000,000 shares authorized; 0 shares issued and outstanding
Common stock, $0.0001 par value; 800,000,000 shares authorized at March 31, 2022 and June 30, 2021, respectively; 24,984,083 and 22,333,324 shares issued and outstanding at March 31, 2022 and June 30, 2021, respectively 2,496 2,232
Additional paid in capital 252,833,422 229,933,505
Accumulated deficit (242,881,133) (224,885,422)
Total stockholders’ equity 9,954,785 5,050,315
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY $ 26,188,413 $ 6,046,689