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CONSOLIDATED BALANCE SHEETS - USD ($)
Dec. 31, 2021
Jun. 30, 2021
Jun. 30, 2020
Assets      
Cash and cash equivalents $ 64,244,983 $ 142,651,648 $ 18,857,088
Other current assets 2,514,602 1,251,322 58,980
Total current assets 66,759,585 143,902,970 18,916,068
Mining interests 39,303,043 26,597,803 7,720,957
Property, plant and equipment, net 752,311 725,863 717,417
Operating lease right-of-use assets 60,919 139,797 268,610
Other non-current assets 4,500,203 222,698 29,906
Equity investments in unconsolidated affiliates 58,872,710 16,262,498 0
Total assets 170,248,771 187,851,629 27,652,958
Liabilities and Stockholders’ Equity      
Accounts payable 1,262,744 2,561,834 791,264
Accrued expenses 5,425,498 2,397,197 441,264
Current portion of long-term debt 762,189 1,085,142 577,576
Operating lease liabilities 59,430 140,435 135,947
Other current liabilities 40,157 29,906 0
Total current liabilities 7,550,018 6,214,514 1,946,051
Long-term debt, net of current portion 914,147 1,226,404 1,740,042
Non-current 0 0 133,663
Other liabilities 0 0 29,906
Total liabilities 8,464,165 7,440,918 3,849,662
Commitments and contingencies (Note 15)
Stockholders’ equity:      
Common stock; $0.0001 par value, 100,000,000 shares authorized; 15,894,395, 15,764,533, and 10,356,762 shares issued and outstanding at December 31, 2021, June 30, 2021, and June 30, 2020, respectively 1,589 1,550 1,025
Additional paid-in capital 255,131,836 252,571,659 76,187,975
Accumulated deficit (92,683,000) (71,334,645) (51,589,139)
Accumulated other comprehensive income (loss) (665,819) (827,853) (796,565)
Total stockholders’ equity 161,784,606 180,410,711 23,803,296
Total liabilities and stockholders’ equity $ 170,248,771 $ 187,851,629 $ 27,652,958