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Condensed Consolidated Statements of Cash Flows - USD ($)
6 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Operating activities    
Net income (loss): $ 25,108,933 $ (12,508,051)
Adjustment to reconcile net loss to net cash used in operating activities:    
Depreciation 114,812 154,852
Stock-based compensation 34,896 358,059
Non-cash interest 1,700,531 312,193
Non-cash transaction cost 1,347,526
Changes in fair value of financial liabilities (34,333,573) 4,739,085
Foreign exchange gain (18,221) (48,875)
Changes in operating assets and liabilities:    
Other current assets and premises lease deposits (136,895) 56,074
Receivables (35,950)
Accounts payable and accrued liabilities (360,102) (1,956,539)
Deferred revenue 4,406
Operating lease (32,704) 26,538
Customer deposits (30,143) 12,024
Cash used in operating activities (6,636,484) (8,854,640)
Investing activities    
Net cash acquired from business combination 77,270
Cash provided by investing activities 77,270
Financing activities    
Payments on finance leases (3,476) (6,180)
Proceeds from senior secured promissory notes 596,000
Proceeds from promissory notes 929,299
Repayment of SR&ED loan (727,014) (916,539)
Proceeds from pre-paid purchase, net 2,000,000
Proceeds from convertible notes 1,105,000 9,575,000
Proceeds from long-term debt 3,150,000
Repayment of long-term debt (86,957)
Proceeds from exercise of stock options   53,861
Cash provided by financing activities 6,962,852 8,706,142
Net change in cash during the period 403,638 (148,498)
Effect of exchange rates on cash holdings in foreign currencies (10,657)
Cash at beginning of period 395,580 2,069,056
Cash at end of period 788,561 1,920,558
Supplemental disclosure of cash flow information:    
Interest on finance lease paid 4,380 4,884
Interest paid on debt 75,260 782,624
Supplemental disclosure of non-cash investing and financing activity:    
SAFEs converted to preferred shares 3,200,000
Convertible notes converted to common shares 8,370,546
Common shares issued for services 572,526
Convertible notes issued for services 750,000
Common shares issued for pre-paid security agreement $ 188,679
Common shares issued for Business Combination (in Shares) 11,123,075
Common shares issued for settlement of amount owing for severance payment $ 260,999