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Stock-Based Compensation (Tables)
6 Months Ended
Dec. 31, 2024
Share-Based Payment Arrangement [Abstract]  
Schedule of Share-Based Payment Award, Equity Instruments Other than Options, Valuation Assumptions The following table summarizes the assumptions used to calculate the grant date fair value of the Tranche 3 RSUs
granted on August 6, 2024:
Expected term for performance period (in years)
4.9
Expected volatility
74.6%
Risk-free interest rate
3.7%
Share-Based Payment Arrangement, Cost by Plan The following table presents the stock-based compensation costs recognized related to our RSUs for the three months
and six months ended December 31, 2024:
Three months ended December 31, 2024
Stock-Based
Compensation Cost
Incurred
Remaining costs to
recognize, if all
vesting conditions are
met
Weighted average
remaining
contractual term (in
years)
IPO Awards (Tranche 1)
$748,273
$7,433,931
2.5
IPO Awards (Tranche 2)
$185,892
$1,846,794
2.5
IPO Awards (Tranche 3)
$508,291
$5,049,764
2.5
Retention Awards
$184,718
$732,847
1.0
Total Cost Incurred
$1,627,174
$15,063,336
Total Stock Compensation Costs Capitalized
899,092
Total Stock Compensation Costs Expensed
$728,082
Total Cost Incurred
$1,627,174
Six months ended December 31, 2024
Stock-Based
Compensation Cost
Incurred
Remaining costs to
recognize, if all
vesting conditions are
met
Weighted average
remaining
contractual term (in
years)
IPO Awards (Tranche 1)
$1,203,744
$7,433,931
2.5
IPO Awards (Tranche 2)
$299,043
$1,846,794
2.5
IPO Awards (Tranche 3)
$817,686
$5,049,764
2.5
Retention Awards
$297,155
$732,847
1.0
Total Cost Incurred
$2,617,628
$15,063,336
Total Stock Compensation Costs Capitalized
899,092
Total Stock Compensation Costs Expensed
$1,718,536
Total Cost Incurred
$2,617,628