Annual report pursuant to Section 13 and 15(d)

DERIVATIVE LIABILITY FOR AUTHORIZED SHARE DEFICIENCIES (Tables)

v3.23.2
DERIVATIVE LIABILITY FOR AUTHORIZED SHARE DEFICIENCIES (Tables)
12 Months Ended
Jun. 30, 2023
Class B Pre-Funded Warrants  
Class of Warrant or Right [Line Items]  
Schedule of the Fair Value Assumptions of Share Deficiencies Fair value of the Class B PFWs was determined using the BSM option-pricing model with the following assumptions as of June 16, 2022:

Market price of common stock

$

3.20

Exercise price

$

0.001

Risk-free interest rate

3.3

%

Dividend rate

0.0

%

Remaining expected term (years)

9.9

Historical volatility

95.0

%