REDEEMABLE CONVERTIBLE PREFERRED STOCK, ESCROWED PROCEEDS, AND STOCKHOLDERS EQUITY (Table)

6 Months Ended

Dec. 31, 2022

Stockholders' equity:

Outstanding Stock Purchase Warrants

	Shares of Common		Exercise Price per		Latest Expiration
Description	Stock		Share		Date
May 2022 Warrants		66,666	$	12.50	May 11, 2026
November 2022 Pre-funded Warrants		798,182	$	0.0001	*
November 2022 Common Warrants		1,818,182	$	5.83	May 2, 2028
November 2022 Placement Agent Warrants		90,909	$	6.88	October 31, 2027
* Exercised January 2023

Option activity

	Number of Shares			Weighted Average Exercise Price		Weighted Average Remaining Term in Years		Aggregate Intrinsic  Value
Outstanding - June 30, 2022		1,163,962		$	15.98		7.1	$	-
Granted		33,160			4.58
Forfeited		(272,973	)		12.24
Exercised		-			-
Expired		(36,754	)		18.29
Outstanding - December 31, 2022		887,395			13.05		7.5	$	-
Exercisable at December 31, 2022		420,536		$	15.02		6.3	$	-
Expected to vest at December 31, 2022		466,859		$	11.27		8.7	$	-

Restricted Stock Units

Outstanding at June 30, 2022	649,149
Granted	-
Forfeited	(2,608	)
Vested	(84,062	)
Fractional shares	(6	)
Outstanding at December 31, 2022	562,473