CONSOLIDATED STATEMENTS OF OPERATIONS (Unauditedd) - USD ($) |
3 Months Ended | 9 Months Ended | ||
---|---|---|---|---|
Mar. 31, 2025 |
Mar. 31, 2024 |
Mar. 31, 2025 |
Mar. 31, 2024 |
|
REVENUE | ||||
Mining revenue | $ 953 | $ 0 | $ 953 | $ 15,824 |
Hosting revenue | 7,294 | 0 | 7,294 | |
Realized gain (loss) on sale/exchange of bitcoin | (21) | 0 | (21) | 0 |
Total revenues | 8,226 | 0 | 8,226 | 15,824 |
Cost of goods sold | ||||
Depreciation | 0 | 0 | 0 | 14,948 |
Hosting | 0 | 0 | 0 | 14,162 |
Contract labor | 5,150 | 0 | 5,150 | 0 |
Electricity | 6,716 | 0 | 6,716 | 0 |
Total cost of goods sold | 11,866 | 0 | 11,866 | 29,110 |
Gross Loss | (3,640) | 0 | (3,640) | (13,286) |
Expenses | ||||
Transfer agent and filing fees | 8,178 | 2,696 | 31,054 | 25,226 |
Professional fees | 16,950 | 17,626 | 69,453 | 58,402 |
Management and consulting fees | 151,750 | 133,295 | 461,253 | 399,885 |
Share based compensation | 54,279 | 65,858 | 203,995 | 272,572 |
Administration Fees | 144,098 | 16,287 | 230,249 | 27,676 |
Total operating expenses | 375,255 | 235,762 | 996,004 | 783,761 |
Loss from Operations | (378,895) | (235,762) | (999,644) | (797,047) |
Other income (expense) | ||||
Interest expense | (16,246) | (9,951) | (39,365) | (16,724) |
Gain (loss) on derivative liabilities | 1,453 | 0 | (83,921) | 0 |
Total other income (expense) | (14,793) | (9,951) | (123,286) | (16,724) |
Loss Before Income Taxes | (393,688) | (245,713) | (1,122,930) | (813,771) |
Less: Provision for Income Taxes | 0 | 0 | 0 | 0 |
Net Loss | $ (393,688) | $ (245,713) | $ (1,122,930) | $ (813,771) |
Basic and Dilutive Net Loss Per Share | $ (0.02) | $ (0.01) | $ (0.06) | $ (0.04) |
Basic and Dilutive - Weighted average number of common shares outstanding | 21,075,694 | 18,223,953 | 19,160,656 | 18,223,953 |
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- Definition Amount of expense for administrative fee from service provided, including, but not limited to, salary, rent, or overhead cost. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount of expense for award under share-based payment arrangement. Excludes amount capitalized. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Cost of labor directly related to good produced and service rendered. Includes, but is not limited to, payroll cost and equity-based compensation. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition The aggregate costs related to goods produced and sold and services rendered by an entity during the reporting period. This excludes costs incurred during the reporting period related to financial services rendered and other revenue generating activities. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition The amount of expense recognized in the current period that reflects the allocation of the cost of tangible assets over the assets' useful lives. Includes production and non-production related depreciation. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount of increase (decrease) in the fair value of derivatives recognized in the income statement. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition The amount of net income (loss) for the period available to each share of common stock or common unit outstanding during the reporting period and to each share or unit that would have been outstanding assuming the issuance of common shares or units for all dilutive potential common shares or units outstanding during the reporting period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Aggregate revenue less cost of goods and services sold or operating expenses directly attributable to the revenue generation activity. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition Amount of income (loss) from continuing operations, including income (loss) from equity method investments, before deduction of income tax expense (benefit), and income (loss) attributable to noncontrolling interest. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition Amount of current income tax expense (benefit) and deferred income tax expense (benefit) pertaining to continuing operations. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount of interest expense classified as operating and nonoperating. Includes, but is not limited to, cost of borrowing accounted for as interest expense. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount of expense for investment management fee, including, but not limited to, expense in connection with research, selection, supervision, and custody of investment. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Fees paid to an agent employed by a corporation or mutual fund to maintain shareholder records, including purchases, sales, and account balances. Also includes custodian fees incurred during an accounting period from an agent, bank, trust company, or other organization that holds and safeguards an individual's, mutual fund's, or investment company's assets for them. These fees will be billed back to the client and are a component of noninterest expense. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Generally recurring costs associated with normal operations except for the portion of these expenses which can be clearly related to production and included in cost of sales or services. Includes selling, general and administrative expense. No definition available.
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- Definition The net result for the period of deducting operating expenses from operating revenues. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition Amount of income (expense) related to nonoperating activities, classified as other. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition A fee charged for services from professionals such as doctors, lawyers and accountants. The term is often expanded to include other professions, for example, pharmacists charging to maintain a medicinal profile of a client or customer. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition Amount of revenue recognized from goods sold, services rendered, insurance premiums, or other activities that constitute an earning process. Includes, but is not limited to, investment and interest income before deduction of interest expense when recognized as a component of revenue, and sales and trading gain (loss). Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition The average number of shares or units issued and outstanding that are used in calculating diluted EPS or earnings per unit (EPU), determined based on the timing of issuance of shares or units in the period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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