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Consolidated Balance Sheets - USD ($)
Jun. 30, 2024
Jun. 30, 2023
Cash and cash equivalents $ 9,527,396 $ 7,989,582
Marketable securities 0 2,992,890
Accounts receivable 0 2,915,760
Inventories 0 526,000
Prepaid expenses and other current assets 242,272 1,897,281
Total current assets 9,769,668 16,321,513
Property and equipment, net 388,361 684,910
Right-of-use assets - operating leases 527,321 876,101
Other assets 56,916 56,916
Total assets 10,742,266 17,939,440
Accounts payable 4,101,929 4,303,527
Accrued expenses 4,185,046 6,511,059
Short-term operating lease liabilities 380,542 354,052
Short-term finance lease liabilities 46,014 106,392
Other current liabilities 944,150 3,856,800
Total current liabilities 9,657,681 15,131,830
Long-term operating lease liabilities 163,782 544,323
Long-term finance lease liabilities 0 46,014
Other long-term liabilities 1,032,300 2,083,200
Warrant liabilities 0 1,850,544
Total liabilities 10,853,763 19,655,911
Commitments and contingencies (Note 14)    
Contingently redeemable warrants 0 263,400
Stockholders' deficiency:    
Common stock of $0.01 par value - authorized 300,000,000 shares issued and outstanding 17,926,640 shares as of June 30, 2024 and 11,656,714 shares as of June 30, 2023 179,266 116,567
Additional paid-in capital 441,475,747 409,933,959
Accumulated deficit (441,766,550) (412,030,437)
Total stockholders' deficiency (111,497) (1,979,871)
Total liabilities and stockholders' deficiency 10,742,266 17,939,440
Series A Convertible Preferred Stocks [Member]    
Stockholders' deficiency:    
Preferred stock of $0.01 par value - authorized 10,000,000 shares: shares issued and outstanding designated as follows: Series A Convertible: authorized 4,030 shares as of June 30, 2024: issued and outstanding 4,030 shares as of June 30, 2024 and June 30, 2023 $ 40 $ 40