v3.25.1
Condensed Statements of Operations (Unaudited) - USD ($)
3 Months Ended 9 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Mar. 31, 2025
Mar. 31, 2024
Income Statement [Abstract]        
REVENUE
OPERATING EXPENSES        
Selling and Marketing 332 554 979 44,554
General and administrative expenses 993,208 1,070,340 2,033,561 2,072,845
Research and development cost 1,134,796 750,583 2,369,119 1,945,910
Depreciation and amortization 9,353 10,382 28,399 32,162
TOTAL OPERATING EXPENSES 2,137,689 1,831,859 4,432,058 4,095,471
LOSS FROM OPERATIONS BEFORE OTHER INCOME (EXPENSES) (2,137,689) (1,831,859) (4,432,058) (4,095,471)
OTHER INCOME/(EXPENSES)        
Investment income 397,614 520,319 1,316,982 1,480,912
Dividend expense (17,981) (18,362) (58,852) (61,882)
Unrealized (gain)/loss on change in fair value of investment, related party (2,740,574) (4,101,402) (4,679,409)
Unrealized (gain)/loss on change in fair value of short-term investments 20,801 20,801
Realized gain(loss) (684) 14,916 (684) (173,124)
Realized gain(loss) on redemption of marketable securities 35,080 35,080
Interest expense (1,684) (626) (5,089)
TOTAL OTHER INCOME (EXPENSES) 399,750 (2,190,305) (2,823,781) (3,403,512)
NET INCOME (LOSS) $ (1,737,939) $ (4,022,164) $ (7,255,839) $ (7,498,983)
BASIC EARNINGS (LOSS) PER SHARE (in Dollars per share) $ 0 $ 0 $ 0 $ 0
DILUTED EARNINGS (LOSS) PER SHARE (in Dollars per share) $ 0 $ 0 $ 0 $ 0
WEIGHTED-AVERAGE COMMON SHARES OUTSTANDING BASIC (in Shares) 5,437,338,655 5,094,214,845 5,280,101,285 5,008,173,456
WEIGHTED-AVERAGE COMMON SHARES OUTSTANDING DILUTED (in Shares) 5,437,338,655 5,094,214,845 5,280,101,285 5,008,173,456