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Share-Based Compensation Plans (Tables)
6 Months Ended
Dec. 31, 2024
Share-Based Payment Arrangement [Abstract]  
Summary of Stock Option Units Granted

A summary of the activity related to stock option units granted is as follows:

 

       Summary of Stock Options
Outstanding
 
   Total
Options
  

Weighted
Average
Exercise
Price

per Option

  

Weighted
Average

Remaining
Contractual

Term (Years)

 
Outstanding as of June 30, 2024   1,825,171    3.26    8.30 
Granted   250,000    4.00    10 
Exercised   (86,044)   0.44    - 
Forfeited, canceled, or expired   -    -    - 
Outstanding as of December 31, 2024   1,989,127    3.45    8.37 
Exercisable as of December 31, 2024   1,431,732    3.30    7.94 

 

       Summary of Stock Options
Outstanding
 
   Total Options  

Weighted
Average

Exercise

Price

per Option

  

Weighted
Average

Remaining
Contractual

Term (Years)

 
Outstanding as of June 30, 2023   400,000    1.54    4.14 
Granted   -    -    - 
Exercised   -           
Forfeited, canceled, or expired   -           
Outstanding as of December 31, 2023   400,000    1.54    3.39 
Exercisable as of December 31, 2023   400,000    1.54    3.39 
Summary of Vested and Unvested Stock Options Units Granted

A summary of the activity related to vested and unvested stock option units granted is as follows:

 

 

   Options
Outstanding
  

Weighted

Average

Exercise
Price

  

Weighted

Average
Grant Date
Fair Value

  

Average

Remaining

Contractual

Life (Years)

 
Balance – June 30, 2023, unvested   -   $-   $-    - 
Options issued   1,425,171    3.74    1.84    10.00 
Options vested   (987,534)   3.74    1.84    10.00 
Options expired   -    -    -    - 
Options exercised   -    -    -    - 
Balance – June 30, 2024, unvested   437,637   $3.74    1.84    9.75 
Options issued   250,000    4.00    1.94    10.00 
Options vested   (130,242)   3.78    1.86      
Options expired   -    -    -    - 
Balance – December 31, 2024, unvested   557,395   $3.85   $1.88    9.48