v3.25.1
CONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS' EQUITY (DEFICIT) (Unaudited) - USD ($)
Common Stock [Member]
Additional Paid-in Capital [Member]
Retained Earnings [Member]
Total
Beginning balance, value at Jun. 30, 2023 $ 284,000 $ 26,083,000 $ (27,286,000) $ (919,000)
Beginning balance, shares at Jun. 30, 2023 284,289,740      
Net income 64,000 64,000
Ending balance, value at Mar. 31, 2024 $ 284,000 26,083,000 (27,222,000) (855,000)
Ending balance, shares at Mar. 31, 2024 284,289,740      
Beginning balance, value at Dec. 31, 2023 $ 284,000 26,083,000 (27,553,000) (1,186,000)
Beginning balance, shares at Dec. 31, 2023 284,289,740      
Net income 331,000 331,000
Ending balance, value at Mar. 31, 2024 $ 284,000 26,083,000 (27,222,000) (855,000)
Ending balance, shares at Mar. 31, 2024 284,289,740      
Beginning balance, value at Jun. 30, 2024 $ 284,000 26,083,000 (26,847,000) (480,000)
Beginning balance, shares at Jun. 30, 2024 284,289,740      
Fair value of warrants granted for services 195,000 195,000
Fair value of common stock issued to settle accrued payroll and payroll taxes – related parties $ 5,000 88,000 93,000
Fair value of common stock and warrants issued to settle liabilities - related party, shares 4,666,600      
Fair value of warrants issued to settle accrued payroll and payroll taxes – related parties 100,000 100,000
Extinguishment of accrued payroll and payroll taxes – related parties treated as contribution of capital 269,000 269,000
Net income 122,000 122,000
Ending balance, value at Mar. 31, 2025 $ 289,000 26,735,000 (26,725,000) 299,000
Ending balance, shares at Mar. 31, 2025 288,956,340      
Beginning balance, value at Dec. 31, 2024 $ 284,000 26,188,000 (26,495,000) (23,000)
Beginning balance, shares at Dec. 31, 2024 284,289,740      
Fair value of warrants granted for services 90,000 90,000
Fair value of common stock issued to settle accrued payroll and payroll taxes – related parties $ 5,000 88,000 93,000
Fair value of common stock and warrants issued to settle liabilities - related party, shares 4,666,600      
Fair value of warrants issued to settle accrued payroll and payroll taxes – related parties 100,000 100,000
Extinguishment of accrued payroll and payroll taxes – related parties treated as contribution of capital 269,000 269,000
Net income (230,000) (230,000)
Ending balance, value at Mar. 31, 2025 $ 289,000 $ 26,735,000 $ (26,725,000) $ 299,000
Ending balance, shares at Mar. 31, 2025 288,956,340