FINANCIAL INSTRUMENTS (Tables)

12 Months Ended

Jun. 30, 2024

Investments, All Other Investments [Abstract]

SCHEDULE OF CASH AND CASH EQUIVALENTS AND INVESTMENTS

	As of June 30, 2024
	Cost		Unrealized Gain (Loss)		Fair Value		Cash and Cash Equivalents
Cash	$	109,659	$	-			$	109,659
Level 1:
Money market funds		1,738,636		-	$	1,738,636		1,738,636
Total cash and cash equivalents	$	1,848,295	$	-	$	1,738,636	$	1,848,295

	As of June 30, 2023
	Cost		Unrealized Gain (Loss)		Fair Value		Cash and Cash Equivalents
Cash	$	242,271	$	-			$	242,271
Level 1:
Money market funds		5,376,812		-	$	5,376,812		5,376,812
Total cash and cash equivalents	$	5,619,083	$	-	$	5,376,812	$	5,619,083

SCHEDULE OF FAIR VALUE OF CONTINGENT CONSIDERATION

As of June 30, 2024, the Company’s contingent consideration liabilities current and non-current balances were as follows:

	As of June 30, 2024
	Contingent Consideration at Purchase Date		Consideration Paid			Changes in Fair Value			Fair Value		Contingent Consideration
Level 3:
Contingent consideration, current - S5D	$	2,060,300	$	(1,359,001	)	$	(701,299	)	$	-	$	-
Contingent consideration, current - BLI		1,264,200		-			167,561			1,431,761		1,431,761
Contingent consideration, current - XRT		-		(499,288	)		535,002			35,714		35,714
Total contingent consideration, current portion	$	3,324,500	$	(1,858,289	)	$	1,264		$	1,467,475	$	1,467,475
Level 3:
Contingent consideration, non-current - S5D	$	7,108,900	$	(2,857,143	)	$	(4,251,757	)	$	-	$	-
Contingent consideration, non-current - BLI		6,060,700		(1,497,894	)		(3,149,110	)		1,413,696		1,413,696
Total contingent consideration, net of current portion	$	13,169,600	$	(4,355,037	)	$	(7,400,867	)	$	1,413,696	$	1,413,696

 

As of June 30, 2023, the Company’s contingent consideration liabilities current and non-current balances were as follows:

	As of June 30, 2023
	Contingent Consideration at Purchase Date		Consideration Paid			Changes in Fair Value			Fair Value		Contingent Consideration
Level 3:
Contingent consideration, current - S5D	$	2,060,300	$	(1,359,001	)	$	1,207,501		$	1,908,800	$	1,908,800
Contingent consideration, current - BLI		1,264,200		-			1,693,500			2,957,700		2,957,700
Contingent consideration, current - AUGGD		-		(568,571	)		568,571			-		-
Contingent consideration, current - XRT		-		(331,786	)		586,077			254,291		254,291
Total contingent consideration, current portion	$	3,324,500	$	(2,259,358	)	$	4,055,649		$	5,120,791	$	5,120,791
Level 3:
Contingent consideration, non-current - S5D	$	7,108,900	$	(2,050,000	)	$	(3,807,200	)	$	1,251,700	$	1,251,700
Contingent consideration, non-current - BLI		6,060,700		-			(2,807,400	)		3,253,300		3,253,300
Total contingent consideration, net of current portion	$	13,169,600	$	(2,050,000	)	$	(6,614,600	)	$	4,505,000	$	4,505,000