v3.25.1
Consolidated Balance Sheets - USD ($)
Mar. 31, 2025
Jun. 30, 2024
Current assets:    
Cash and cash equivalents $ 3,865,659 $ 1,291,072
Certificate of deposit 12,000,000  
Accounts receivable 1,143,417 60,004
Deferred compensation 3,086 20,133
Prepaids and other current assets 213,833 21,637
Total current assets 17,225,995 1,392,846
Property and equipment:    
Equipment 1,616,669 1,531,494
Leasehold improvements 546,864 546,864
Accumulated depreciation (913,530) (608,630)
Property and equipment, net 1,250,003 1,469,728
Intangible assets 4,583 6,833
Right of use asset - facility 868,145 961,626
Other assets 13,014 13,014
Total assets 19,361,740 3,844,047
Current liabilities:    
Accounts payable 173,207 317,237
Accrued expenses and other current liabilities 216,782 180,706
Lease liability, current portion 135,854 128,743
Total current liabilities 525,843 626,686
Lease liability, long-term portion 838,802 941,200
Total liabilities 1,364,645 1,567,886
Commitments and contingencies
Stockholders’ equity:    
Preferred stock, $0.0001 par value: 10,000,000 authorized, and none issued and outstanding at March 31, 2025 and June 30, 2024
Common stock, $0.0001 par value: 50,000,000 shares authorized, and 15,795,467 and 12,817,500 shares issued and outstanding at March 31, 2025 and June 30, 2024 1,579 1,218
Additional paid-in capital 33,783,427 15,899,304
Accumulated deficit (15,787,911) (13,624,361)
Total stockholders’ equity 17,997,095 2,276,161
Total liabilities and stockholders’ equity $ 19,361,740 $ 3,844,047

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