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:
SCHEDULE OF SHARE BASED COMPENSATION STOCK OPTIONS ACTIVITY
| |
|
|
|
|
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:
SCHEDULE
OF SHARE BASED COMPENSATION STOCK OPTIONS ACTIVITY
| |
|
|
|
|
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:
SCHEDULE
OF WARRANT ACTIVITY
| |
|
|
|
|
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:
SCHEDULE
OF WARRANT ACTIVITY
| |
|
|
|
|
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 |
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 |
|
|
SCHEDULE OF WARRANT OUTSTANDING AND EXERCISABLE
| |
|
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 |
|
|