SUBSEQUENT EVENTS (Details Narrative) - USD ($) |
12 Months Ended | |||||||||
---|---|---|---|---|---|---|---|---|---|---|
Sep. 15, 2025 |
Aug. 07, 2025 |
Jul. 18, 2025 |
Jun. 30, 2025 |
Sep. 10, 2025 |
Sep. 09, 2025 |
Aug. 29, 2025 |
Jul. 16, 2025 |
Mar. 31, 2025 |
Jun. 30, 2024 |
|
Subsequent Event [Line Items] | ||||||||||
Accumulated deficit | $ (106,386,000) | $ 4,372,000 | $ (99,712,000) | |||||||
Preferred stock, shares authorized | 500,000 | 500,000 | ||||||||
Preferred stock, par value | $ 0.001 | $ 0.001 | ||||||||
Common stock, par value | $ 0.001 | $ 0.001 | ||||||||
Private placement | $ 5,000,000.0 | |||||||||
Subsequent Event [Member] | ||||||||||
Subsequent Event [Line Items] | ||||||||||
Subsequent event description of fund raising | On August 7, 2025, the Company submitted such hearing request to the Panel, which request will stay suspension of the Company’s securities and the filing of the Form 25-NSE pending the Panel’s decision. On September 4, 2025, the Company made its presentation to the Panel. On September 15, 2025, the Company raised $5.0 million through a private placement of its securities. On September 16, 2025, the Panel determined to grant the Company an exception to demonstrate compliance with the Stockholders’ Equity Requirement and granted the Company’s request for continued listing, subject to the following: (1) the Company shall file a Form 10-K for the period ending June 30, 2025 on or before September 30, 2025, and (2), the Company shall demonstrate compliance with the Stockholder’s Equity Requirement on or before October 31, 2025 through public disclosures describing the transactions undertaken by the Company to achieve compliance and demonstrate long-term compliance. In addition, the Company has taken steps to reduce its cash burn rate through a reduction in force of approximately 15% of its work force. The Company is also exploring additional avenues to raise equity capital in order to be in compliance with Nasdaq’s continued listing requirements. There can be no assurance that the Panel will grant the Company’s request for continued listing, or stay the suspension of the Company’s securities. | |||||||||
Preferred stock, shares authorized | 3,000,000 | 500,000 | 3,000,000 | |||||||
Preferred stock, par value | $ 0.001 | $ 0.001 | ||||||||
Preferred stock liquidation value | $ 19.369 | |||||||||
Subsequent Event [Member] | Common Warrants [Member] | ||||||||||
Subsequent Event [Line Items] | ||||||||||
Warrant exercise price per share | $ 1.715 | |||||||||
Subsequent Event [Member] | Series A Convertible Preferred Stock [Member] | ||||||||||
Subsequent Event [Line Items] | ||||||||||
Preferred stock, shares authorized | 1,000,000 | 1,000,000 | ||||||||
Preferred stock, par value | $ 0.001 | |||||||||
Subsequent Event [Member] | Series A Preferred Stock [Member] | ||||||||||
Subsequent Event [Line Items] | ||||||||||
Preferred stock, par value | $ 0.001 | |||||||||
Warrant exercise price per share | $ 0.001 | |||||||||
Subsequent Event [Member] | Securities Purchase Agreement [Member] | ||||||||||
Subsequent Event [Line Items] | ||||||||||
Common stock, par value | $ 0.001 | |||||||||
Warrants purchase | 258,144 | |||||||||
Subsequent Event [Member] | Securities Purchase Agreement [Member] | Prefunded Warrants [Member] | ||||||||||
Subsequent Event [Line Items] | ||||||||||
Preferred stock, par value | $ 0.001 | |||||||||
Initial aggregate warrants | $ 2,900,000 | |||||||||
Warrant exercise price per share | $ 19.369 | |||||||||
Warrants purchase | 1,214,769 | |||||||||
Subsequent Event [Member] | Securities Purchase Agreement [Member] | Common Warrants [Member] | ||||||||||
Subsequent Event [Line Items] | ||||||||||
Private placement | $ 5,000,000.0 | |||||||||
Subsequent Event [Member] | Securities Purchase Agreement [Member] | Series A Preferred Stock [Member] | ||||||||||
Subsequent Event [Line Items] | ||||||||||
Preferred stock, par value | $ 0.001 | |||||||||
Subsequent Event [Member] | Gibraltar Business Capital, LLC ("GBC") [Member] | Fifth Amendment To Loan and Security Agreement [Member] | ||||||||||
Subsequent Event [Line Items] | ||||||||||
Nonrefundable amendment fees | $ 112,500 |