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Stock-Based Compensation (Tables)
 3 Months Ended
Sep. 30, 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 expense related to our RSUs for the three months ended
September 30, 2024:
Expense recognized
during three months
ended September 30,
2024
Remaining expense to
recognize, if all vesting
conditions are met
Weighted average
remaining contractual
term (in years)
IPO Awards (Tranche 1)
$455,471
$8,182,204
2.75
IPO Awards (Tranche 2)
$113,152
$2,032,686
2.75
IPO Awards (Tranche 3)
$309,395
$5,558,055
2.75
Retention Awards
$112,437
$917,565
1.25
Total
$990,455
$16,690,510