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Share-Based Compensation Plans (Tables)
12 Months Ended
Jun. 30, 2024
Share-Based Payment Arrangement [Abstract]  
Summary of Stock Option Units Granted

A summary of the activity related to stock option units granted is as follows:

 

       Summary of Stock Options Outstanding 
   Total
Options
  

Weighted Average Exercise
Price

per Option

   Weighted Average
Remaining
Contractual Term (Years)
 
Outstanding as of June 30, 2022   502,916    1.34    4.16 
Granted   -    -    - 
Exercised   (86,666)   0.52    - 
Forfeited, canceled, or expired   (16,250)   0.52    - 
Outstanding as of June 30, 2023   400,000    1.54    4.14 
Granted   1,425,171    3.74    10.00 
Exercised   -    -      
Forfeited, canceled, or expired   -    -      
Outstanding as of June 30, 2024   1,825,171    3.26    8.30 
Exercisable as of June 30, 2024   1,387,534    3.11    7.84 
Summary of Vested and Unvested Stock Options Units Granted

A summary of the activity related to vested and unvested stock option units granted is as follows:

 

   Options Outstanding   Weighted
Average
Exercise
Price
  

Weighted
Average
Grant Date

Fair Value

  

Average

Remaining

Contractual Life

(Years)

 
Balance – June 30, 2023, unvested   -   $-    -    - 
Options issued   1,425,171    3.74    1.84    10.00 
Options vested   (987,534)   3.74    1.84    10.00 
Options expired   -    -    -    - 
Options exercised   -    -    -    - 
Balance – June 30, 2024, unvested   437,637   $3.74    1.84    9.75