| Schedule of Fair Value Hierarchy of Liabilities |
Fair Value Hierarchy of liabilities
that are recognized and measured at fair value in the financial statements as of December 31, 2024 and June 30, 2024 (level 3 inputs
are not applicable):
| | |
Fair Value
Measurement Using | |
| | |
Level 1 | | |
Level 2 | |
| LIABILITIES | |
| | |
| |
| December 31, 2024: | |
| | |
| |
| Due to related party – recognized at fair value (1) | |
$ | — | | |
$ | 11,241 | |
| | |
| | | |
| | |
| June 30, 2024: | |
| | | |
| | |
| Due to related party – recognized at fair value (1) | |
$ | — | | |
$ | 10,741 | |
| (1) | The amounts due to related party contain no interest provision. Any imputed interest is immaterial. |
|
| Schedule of Basic and Diluted Loss per Share |
The
table below presents the computation of the basic and diluted loss per share for the periods July 1, 2024 to December 31, 2024 and July
1, 2023 to December 31, 2023
| | |
Period July 1, 2024 to
December 31, 2024 | | |
Period July 1, 2023 to
December 31, 2023 | |
| | |
Class A
Common Shares | | |
Class B
Common Shares | | |
Class A
Common Shares | | |
Class B
Common Shares | |
| Numerator: | |
| | |
| | |
| | |
| |
| Net loss | |
$ | (599,382 | ) | |
$ | (599,382 | ) | |
$ | (738,091 | ) | |
$ | (738,091 | ) |
| Net loss allocated between Class A and Class B common shares | |
| (406,068 | ) | |
| (193,314 | ) | |
$ | (514,749 | ) | |
$ | (223,342 | ) |
| Denominator: | |
| | | |
| | | |
| | | |
| | |
| Weighted average common shares outstanding — basic | |
| 9,400,000 | | |
| 4,475,000 | | |
| 9,400,000 | | |
| 4,078,533 | |
| Dilutive common share equivalents | |
| - | | |
| - | | |
| - | | |
| - | |
| Weighted average common shares outstanding — diluted | |
| 9,400,000 | | |
| 4,475,000 | | |
| 9,400,000 | | |
| 4,078,533 | |
| Net loss per share: | |
| | | |
| | | |
| | | |
| | |
| Basic | |
$ | (0.04 | ) | |
$ | (0.04 | ) | |
$ | (0.05 | ) | |
$ | (0.05 | ) |
| Diluted | |
$ | (0.04 | ) | |
$ | (0.04 | ) | |
$ | (0.05 | ) | |
$ | (0.05 | ) |
|