Note 13 - Income Taxes (Tables)

12 Months Ended

Jun. 30, 2023

Notes Tables

Schedule of Effective Income Tax Rate Reconciliation [Table Text Block]

	Year Ended June 30,
	2023			2022
Income tax benefit at statutory tax rate	$	(8,345,673	)	$	(4,961,540	)
State tax benefit		(3,225,218	)		(1,544,567	)
Return to provision		—			(38	)
Permanent differences		19,916			12,937
Stock based compensation		(527,765	)		100,666
Legal fees		24,167			131,311
Convertible debt interest		368,875			66,463
162(m) Limitation		373,763			84,822
Other valuation allowance		11,311,935			5,990,215
Income tax benefit	$	—		$	(119,731	)

Schedule of Components of Income Tax Expense (Benefit) [Table Text Block]

	Year Ended June 30,
	2023		2022
Current:
Federal	$	—	$	(261,636	)
State		—		141,905
Total current income tax benefit	$	—	$	(119,731	)
Deferred:
Federal	$	—	$	—
State		—		—
Total deferred income tax expense	$	—	$	—

Schedule of Deferred Tax Assets and Liabilities [Table Text Block]

	Year Ended June 30,
	2023			2022
Deferred tax asset:
Investment in the Peak Gold JV	$	14,203,470		$	8,278,223
State deferred tax assets		6,728,285			3,503,066
Stock option expenses		1,106,783			1,425,498
Net operating losses		5,027,243			2,547,058
Valuation allowance		(27,065,781	)		(15,753,845	)
Net deferred tax assets	$	—		$	—