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Debt (Tables)
 12 Months Ended
Jun. 30, 2024
Debt Disclosure [Abstract]  
Summary of Debentures

At June 30, 2024 and at issuance date of December 27, 2023, the Debenture consisted of the following:

 

 

 

 

 

 

 

 

 

June 30, 2024

 

 

December 27, 2023

 

 

 

 

 

 

Debt liability of royalty convertible debenture before issuance costs

 

$

12,239,622

 

 

 

$

12,239,622

 

Less: unamortized issuance costs

 

(783,099

)

 

 

 

(870,111

)

Net debt liability of royalty convertible debenture

 

 

 

11,456,523

 

 

 

 

11,369,511

 

Derivative liability of royalty convertible debenture

 

 

 

3,642,105

 

 

 

 

2,760,378

 

 

 

$

15,098,628

 

 

 

$

14,129,889

 
Summary of Convertible Debt

 

Debt

 

 

 

June 30, 2024

 

 

June 30, 2023

 

Current

 

Non-Current

 

Current

 

Non-Current

 

2019 Secured Convertible Notes

$

—

 

 

—

 

$

4,277,690

 

$

—

 

Less: unamortized discount and issuance costs

 

—

 

 

—

 

 

(4,862

)

 

—

 

 

$

—

 

$

—

 

$

4,272,828

 

$

—