Annual report [Section 13 and 15(d), not S-K Item 405]

Stock-Based Compensation (Tables)

v3.25.2
Stock-Based Compensation (Tables)
12 Months Ended
Jun. 30, 2025
Share-Based Payment Arrangement [Abstract]  
Schedule of Fair Value Assumptions of Stock Options

The following table provides the assumptions used in determining the fair value of option awards for the fiscal years ended June 30, 2025 and 2024:

 

    June 30, 2025     June 30, 2024  
Expected volatility     90.00%       60.00% - 90.00 %
Risk-free interest rate     3.75-4.07%       4.24% - 4.77 %
Expected dividend yield            
Expected term (in years)     5.00-5.50       5.256.25  
Schedule of Stock Option Activity

The following table summarizes stock option activity for the fiscal year ended June 30, 2025:

 

   

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     899,207     $ 1.17                  
Exercised         $                  
Forfeited         $                  
Outstanding at June 30, 2025     3,218,255     $ 2.49       6.3     $ 270,805  
Options exercisable at June 30, 2025     1,822,275     $ 2.72       5.1       $11,324