Quarterly report pursuant to Section 13 or 15(d)

Stock-Based Compensation (Tables)

v3.25.0.1
Stock-Based Compensation (Tables)
6 Months Ended
Dec. 31, 2024
Share-Based Payment Arrangement [Abstract]  
Schedule of Fair Value Assumptions of Stock Options

 

   

Three Months Ended

December 31,

   

Six Months Ended

December 31,

 
    2024     2023     2024     2023  
Risk-free interest rate     4.07 %     4.77 %     4.07 %     4.6% – 4.8 %
Expected term (in years)     5.00       6.25       5.00       6.25  
Expected volatility     90 %     60 %     90 %     60.0 %
Expected dividend yield     -       -       -       -  
Schedule of Stock Option Activity

The following table summarizes stock option activity for the six months ended December 31, 2024:

 

   

Number of

Shares

   

Weighted Average

Exercise Price

   

Weighted Average

Remaining

Contractual Term

(Years)

   

Aggregate

Intrinsic Value

 
                         
Outstanding at June 30, 2024     2,319,048     $ 3.00       6.0       -  
Granted     254,433     $ 1.56                  
Exercised     -     $ -                  
Forfeited/cancelled     -     $ -                  
Outstanding at December 31, 2024     2,573,481     $ 2.85       5.9     $ -  
Options exercisable at December 31, 2024     1,274,236     $ 2.81       4.4     $ -