Quarterly report pursuant to Section 13 or 15(d)

Stock-Based Compensation (Tables)

v3.22.1
Stock-Based Compensation (Tables)
9 Months Ended
Mar. 31, 2022
Share-Based Payment Arrangement [Abstract]  
Schedule of fair value of the stock options granted
    March 31,
2022
    March 31,
2021
 
Expected term (years)     10.00       6.00  
Risk-free interest rate     1.75 - 2.2 %     0.12 %
Expected volatility     78% - 93 %     45% - 46.3 %
Dividend yield     0 %     0 %

 

Schedule of option activity
Options   Number of
Shares
    Weighted Average
Exercise
Price
    Weighted
Average
Remaining
Contractual
Term
(in years)
 
Outstanding at July 1, 2021     3,222,125     $ 1.96       8.34  
Granted     125,024       1.76       9.51  
Cancelled     (139,125 )     3.09       8.91  
Outstanding and expected to vest at March 31, 2022     3,208,024       1.91       7.61