DERIVATIVE LIABILITY FOR AUTHORIZED SHARE DEFICIENCIES (Tables)

12 Months Ended

Jun. 30, 2023

Class B Pre-Funded Warrants

Class of Warrant or Right [Line Items]

Schedule of the Fair Value Assumptions of Share Deficiencies

Fair value of the Class B PFWs was determined using the BSM option-pricing model with the following assumptions as of June 16, 2022:

Market price of common stock	$	3.20
Exercise price	$	0.001
Risk-free interest rate		3.3	%
Dividend rate		0.0	%
Remaining expected term (years)		9.9
Historical volatility		95.0	%