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Consolidated Statements of Cash Flows (unaudited) - USD ($)
12 Months Ended
Jun. 30, 2023
Jun. 30, 2022
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net loss $ (27,541,887) $ (36,198,299)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization 288,331 126,668
Decrease in right-of-use asset 371,339 359,348
Unrealized foreign currency transaction loss 429,971 (389,868)
Non-cash warrant expense 0 234,443
Stock-based compensation 1,410,917 2,505,538
Gain on purchase commitment (1,027,322) 0
Changes in operating assets and liabilities:    
Accounts receivable (1,135,740) (199,577)
Prepaid expenses and other assets 35,173 1,127,225
Inventories 418,471 217,529
Accounts payable 1,109,541 2,572,657
Accrued expenses (364,157) 1,077,838
Operating lease liabilities (371,122) (351,851)
Other liabilities (2,042,516) (1,004,400)
Net cash used in operating activities (28,419,001) (29,922,749)
CASH FLOWS FROM INVESTING ACTIVITIES:    
Purchase of marketable securities (2,992,890) 0
Purchases of property and equipment (433,927) (261,374)
Net cash used in investing activities (3,426,817) (261,374)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Payment of withholding taxes related to restricted stock units (146,062) (221,311)
Proceeds from the sale of common stock and warrants, net of costs 10,143,152 0
Payment of finance lease obligations (100,922) (56,463)
Proceeds from exercise of warrants 78 280,000
Proceeds from exercise of stock options 0 16,132
Net cash provided by financing activities 9,896,246 18,358
NET DECREASE IN CASH AND CASH EQUIVALENTS (21,949,572) (30,165,765)
CASH AND CASH EQUIVALENTS, beginning of year 29,939,154 60,104,919
CASH AND CASH EQUIVALENTS, end of year 7,989,582 29,939,154
SUPPLEMENTAL CASH FLOW INFORMATION:    
Cash paid for interest $ 20,013 $ 29,682