Post-effective amendment to a registration statement that is not immediately effective upon filing

STOCKHOLDERS??? DEFICIT (Tables)

v3.23.1
STOCKHOLDERS’ DEFICIT (Tables)
6 Months Ended 12 Months Ended
Dec. 31, 2022
Jun. 30, 2022
Equity [Abstract]    
SCHEDULE OF SHARE BASED COMPENSATION STOCK OPTIONS ACTIVITY

A summary of the Company’s option activity during the six months ended December 31, 2022 is presented below:

 

          Weighted  
    Number of     Average Exercise  
  Shares     Price Per Share  
Outstanding at June 30, 2022     59     $ 4,533  
Granted     -       -  
Exercised     -       -  
Forfeited     -       -  
Expired     -       -  
Outstanding at December 31, 2022     59     $ 4,533  
                 
Exercisable at December 31, 2022     59     $ 4,533  
Outstanding and Exercisable:                
                 
Weighted average remaining contractual term     6.37          
Weighted average fair value of options granted during the period   $ -          
Aggregate intrinsic value   $ -          

A summary of the Company’s stock option activity during the years ended June 30, 2022 and 2021 is presented below:

 

          Weighted  
    Number of     Average  
    Options     Price Per Share  
Outstanding at June 30, 2020     60     $ 76,370  
Issued     -       -  
Exercised     -       -  
Expired     (1 )     3,750,000  
Outstanding at June 30, 2021     59     $ 13,730  
Issued     -       -  
Exercised     -       -  
Expired     -       -  
Outstanding at June 30, 2022     59     $ 4,533  
                 
Exercisable at June 30, 2022     59     $ 4,531  
Outstanding and Exercisable:                
                 
Weighted average remaining contractual term     6.88          
Weighted average fair value of options granted during the period   $ -          
Aggregate intrinsic value   $ -          
SCHEDULE OF WARRANT ACTIVITY

The following table summarizes warrant activity for the six months ended December 31, 2022:

          Weighted  
    Number of     Average  
    Shares     Price Per Share  
Outstanding at June 30, 2022     105,420     $ 200.27  
Granted     3,305,000       0.01  
Exercised     (5,960 )     65.77  
Forfeited     (1,000 )     2,000.00  
Expired     -       -  
Outstanding at December 31, 2022     3,403,460 *   $ 5.51  
                 
Exercisable at December 31, 2022     3,379,711     $ 5.55  
Outstanding and Exercisable:                
                 
Weighted average remaining contractual term     2.58          
Aggregate intrinsic value
  $ -          

 

* The total warrants of 3,403,460 above consisted of the following:

The following table summarizes common stock warrant activity for the years ended June 30, 2022 and 2021:

 

          Weighted  
    Number of     Average  
    Warrants     Price Per Share  
Outstanding at June 30, 2020     151,170     $ 150.00  
Issued     -       -  
Exercised     (29,841 )     26.15  
Forfeited     -       -  
Expired     -       -  
Outstanding at June 30, 2021     121,329     $ 179.63  
Issued     -       -  
Exercised     (15,909 )     42.86  
Forfeited     -       -  
Expired     -       -  
Outstanding at June 30, 2022     105,420 *   $ 200.27  
                 
Exercisable at June 30, 2022     76,671     $ 275.37  
Outstanding and Exercisable:                
                 
Weighted average remaining contractual term     0.77          
Aggregate intrinsic value   $ -          

 

* The total warrants of 105,420 above consisted of the following:
SCHEDULE OF WARRANT OUTSTANDING AND EXERCISABLE

    Number of Warrants     Exercisable  
Series A warrants     9,986       9,986  
Series B warrants     23,750       23,750  
Series C warrants     63,749       40,000  
Warrants with no class designation     3,305,975       3,305,975  
Total     3,403,460       3,379,711  

    Number of Warrants     Exercisable  
Series A warrants     10,946       10,946  
Series B warrants     28,750       28,750  
Series C warrants     63,749       35,000  
Warrants with no class designation     1,975       1,975  
Total     105,420       76,671