v3.25.1
Condensed Balance Sheets - USD ($)
Mar. 31, 2025
Jun. 30, 2024
CURRENT ASSETS    
Cash and cash equivalents $ 32,199,968 $ 39,044,795
Prepaid expenses 116,934
Short-term investments 6,050,914
TOTAL CURRENT ASSETS 38,367,816 43,146,197
PROPERTY & EQUIPMENT    
Machinery and equipment 36,830 36,830
Computers and peripherals 11,529 11,529
Vehicle 135,260 135,260
Gross property and equipment 183,619 183,619
Less: accumulated depreciation (43,938) (20,549)
NET PROPERTY AND EQUIPMENT 139,681 163,070
INTANGIBLE ASSETS    
TOTAL INTANGIBLE ASSETS 53,539 58,549
TOTAL OTHER ASSETS 193,220 221,619
TOTAL ASSETS 38,561,036 43,367,816
CURRENT LIABILITIES    
Accounts payable and other payables 272,153 573,127
Accrued expenses 134,011 140,558
TOTAL LIABILITIES 406,164 759,514
COMMIMENTS AND CONTINGENCIES
Series C 10% Preferred Stock, 6,651 and 8,851 shares issued and outstanding, redeemable value of $665,100 and $885,100, respectively 665,100 885,100
SHAREHOLDERS’ EQUITY    
Preferred Stock, $0.001 par value; 5,000,000 authorized preferred shares
Common Stock, $0.001 par value; 10,000,000,000 authorized common shares 5,437,338,655 and 5,087,245,974 shares issued and outstanding, respectively 5,437,339 5,087,246
Additional Paid in Capital 131,160,515 128,488,199
Accumulated deficit (99,108,082) (91,852,243)
TOTAL SHAREHOLDERS’ EQUITY 37,489,772 41,723,202
TOTAL LIABILITIES, PREFERRED STOCK SUBJECT TO REDEEMPTION AND SHAREHOLDERS’ EQUITY 38,561,036 43,367,816
Trademark    
INTANGIBLE ASSETS    
Intangible assets, gross 229 315
Patents    
INTANGIBLE ASSETS    
Intangible assets, gross 53,310 58,234
Related Party    
CURRENT ASSETS    
Equity securities, related party 4,101,402
CURRENT LIABILITIES    
Loan payable, related party $ 45,829