Quarterly report [Sections 13 or 15(d)]

STOCKHOLDERS’ EQUITY (DEFICIT) (Tables)

v3.26.3
STOCKHOLDERS’ EQUITY (DEFICIT) (Tables)
 3 Months Ended
Sep. 30, 2026
Accumulated Other Comprehensive Income (Loss) [Line Items]  
SCHEDULE OF STOCK OPTIONS ACTIVITY

Activity in stock options during the year ended June 30, 2026 and three months ended September 30, 2026, and related balances outstanding, are reflected below:

 

    Number of Shares     Weighted Average Exercise Price     Weighted Average Remaining Contract Term
(years)		     Aggregate intrinsic Value     Weighted Average Grant Date Fair Value  
Outstanding at June 30, 2025     796,660     $ 4.10                     $ 3.08  
Granted     536,239     $ 1.88                     $ 1.23  
Exercised     (62,125 )   $ 4.10                     $ 3.40  
Forfeited and cancelled     (341,892 )   $ 3.43             $ 115,095     $ 2.53  
Outstanding at June 30, 2026     928,882     $ 3.06             $ 0.00     $ 2.20  
Granted     222,222     $ 1.08       9.5             $ 0.14  
Exercised     -                                  
Forfeited and cancelled     (90,247 )   $ 2.55                     $ 1.75  
Outstanding at September 30, 2026     1,060,857     $ 2.69       7.9     $ 0.00     $ 1.81  
Exercisable at September 30, 2026     542,970     $ 3.44       5.4     $ 0.00     $ 2.52  
SCHEDULE OF RESTRICTED STOCK UNITS ACTIVITY

Activity in RSUs and PSUs during the year ended June 30, 2026 and the three months ended September 30, 2026 and related balances outstanding are reflected below:

 

   

Number of

Shares

    

Weighted Average

Grant Date

Fair Value

    

Weighted

Average

Remaining

Contract Term (years)

  
Outstanding at June 30, 2025     200,000     $ 1.60       0.91  
Granted     304,878     $ 1.62       1.60  
Vested and settled     (200,000 )   $ 1.60          
Forfeited and cancelled     -                  
Outstanding at June 30, 2026     304,878     $ 1.62       1.60  
Granted     148,148     $ 1.08       0.48  
Vested and settled     (40,650 )   $ 1.62          
Forfeited and cancelled     -                  
Outstanding at September 30, 2026     412,376     $ 1.28       1.30  
SCHEDULE OF EMPLOYEE STOCK PURCHASE PLAN

 

   

Shares of

Common Stock

     Price per
Share		  
Authorized under the 2023 ESPP     350,000          
                 
Purchase - March 28, 2024     37,543     $ 2.80  
Purchase - September 30, 2024     20,987     $ 2.58   
Purchase - March 31, 2025     29,350     $ 1.46  
Purchase - September 30, 2025     26,312     $ 1.39  
Purchase - March 31, 2026     21,248     $ 0.91  
Purchase - September 30, 2026     15,148     $ 0.38  
                 
Available under the 2023 ESPP as of September 30, 2026     199,412          
Common Stock Warrants [Member]  
Accumulated Other Comprehensive Income (Loss) [Line Items]  
SCHEDULE OF STOCK WARRANT ACTIVITY

Activity in the Company’s Common Stock Warrants during the year ended June 30, 2026 and the three months ended September 30, 2026 are reflected below:

 

    Number of
Common Stock
Warrants		     Weighted
Average
Exercise Price
Per Warrant		     Weighted
Average
Remaining
Contract Term
(years)		  
Outstanding and exercisable at June 30, 2025     1,413,110     $ 6.14       1.48  
Issued     1,214,766     $ 1.72       2.96  
Exercised     -                  
Expired and canceled     (131,678 )   $ 4.80          
Outstanding and exercisable at June 30, 2026     2,496,198     $ 4.06       1.12  
Issued     -                  
Exercised     -                  
Expired and canceled     (1,071,430 )   $ 7.00          
Outstanding and exercisable at September 30, 2026     1,424,768     $ 1.85       3.70  
Preferred Stock Warrants [Member]  
Accumulated Other Comprehensive Income (Loss) [Line Items]  
SCHEDULE OF STOCK WARRANT ACTIVITY

 

    Number of Preferred Warrants     Weighted Average Exercise Price per Warrant     Convertible to Common Shares     Weighted Average Remaining Contract Term (years)
Outstanding and exercisable at June 30, 2025     -                      
Issued     258,144     $ 0.001       2,429,523     N/A
Exercised     -                      
Expired and cancelled     -                      
Outstanding and exercisable at June 30, 2026     258,144     $ 0.001       2,429,523     N/A
Issued     -                      
Exercised     -                      
Expired and cancelled     -                      
Outstanding and exercisable at September 30, 2026     258,144     $ 0.001       2,429,523     N/A