Convertible Notes (Tables)

6 Months Ended

Dec. 31, 2024

Convertible Notes [Abstract]

Schedule of Convertible Notes

Balance, July 1, 2023	$	14,727,183
Funds advanced		11,549,945
Convertible note issued for settlement of debt		1,308,441
Warrant bifurcated classified as liability		(1,086,240	)
Warrant bifurcated classified as equity		(674,034	)
Interest accrued, net of capitalized interest paid		1,793,574
Changes in fair value of financial liabilities		13,011,887
Balance, June 30, 2024		40,630,756
Funds advanced		1,105,000
Convertible note issued for services		750,000
Warrant bifurcated classified as equity		(875,127	)
Interest accrued		1,093,490
Changes in fair value of financial liabilities		(34,333,573	)
Convertible notes converted to common shares		(8,370,546	)
Balance, December 31, 2024	$	-

Schedule of Fair Value Option

The model used the following assumptions, including volatility, risk free rates and management’s best estimate of the expected time for the occurrence of a conversion event as described below.

	June 30, 2024
Annualized volatility		70% – 90	%
Expected time to liquidity		0.5 – 1.5 year
Dividend rate		0	%
Risk-free interest rate		5.09	%