Stock Based Compensation (Tables)

12 Months Ended

Jun. 30, 2023

Stock Based Compensation (Tables)

Schedule of fair value of stock options granted

	2023			2022
Expected option life (years)	2-4			2 - 4
Expected stock price volatility	227 to 254		%	227 to 254		%
Expected dividend yield		-			—
Risk-free interest rate	0.44 to 0.54		%	0.44 to 0.54		%

Stock option activity

	Shares			Weighted-Average Exercise Price		Weighted-Average Remaining Contractual Price		Aggregate Intrinsic Value
Options:
Outstanding at July 1, 2022		15,832,062		$	0.06
Granted		2,500,000		$	0.04
Exercised, converted		(558,062	)	$	0.00
Forfeited / exchanged / modification		-		$	0.11
Outstanding at June 30, 2023		17,774,000		$	0.06		0.5	$	-
Exercisable at June 30, 2023		5,330,411		$	0.11		2.0
Number of options available for grant at end of period		426,870

Schedule of nonvested shares

Options	Shares			Weighted-Average Grant-Date Fair Value
Nonvested at July 1, 2022		13,450,170		$	0.11
Granted		2,500,000		$	0.04
Vested		(15,287,562	)	$	0.07
Forfeited		-		$	0.07
Nonvested at June 30, 2023		662,608		$	0.11

Summary of warrant outstanding

Warrants	Remaining Number Outstanding		Weighted Average Remaining Life (Years)		Weighted Average Exercise Price
Warrants - SEDA Financing		86,957		-	$	1.15
Warrants - Issued with Convertible Notes		600,000		0.23	$	0.75
Warrants - Securities Purchase Agreement		360,577		1.02	$	0.78
Warrants A - Securities Purchase Agreement		28,072,364		1.02	$	0.16
Total		29,119,898
Aggregate intrinsic value at June 30, 2023	$	0