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LOSS PER SHARE (Tables)
6 Months Ended
Dec. 31, 2021
Earnings Per Share [Abstract]  
Schedule of Basic and Diluted Loss per Share
Basic and diluted net loss per share are reflected in the following table:
Six Months Ended
December 31, 2021
Years Ended June 30,
202120202019
Net loss$(21,348,355)$(19,993,848)$(5,879,152)$(9,681,801)
Weighted-average number of common shares used in calculating basic and dilutive earnings per share(1)
15,868,521 13,551,150 8,283,567 6,217,476 
Basic and diluted net loss per weighted-average share$(1.35)$(1.48)$(0.71)$(1.56)
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(1)The weighted-average number of common shares used in calculating basic and dilutive earnings per share has been adjusted to reflect the impact of the exchange ratio caused by the Redomiciliation.
Schedule of Antidilutive Securities Excluded from Calculation of Diluted Net Loss Per Share Potentially dilutive shares that were not included in the calculation of diluted net loss per share because their effect would have been anti-dilutive are as follows:
Six Months Ended
December 31, 2021
Years Ended June 30,
202120202019
Stock options$272,504 $392,504 $536,250 $846,500 
RSUs51,277 36,745 — — 
PRAs30,000 60,000 50,000 500 
Total potentially dilutive shares$353,781 $489,249 $586,250 $847,000