v3.25.2
CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
 12 Months Ended
Jun. 30, 2025
Jun. 30, 2024
CASH FLOWS FROM OPERATING ACTIVITIES    
Net (loss) $ (2,379,924) $ (11,691,115)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation expense 695 1,582
Impairment of Assets 9,460,425
Accrued interest on loans payable, deferred compensation and other 310,714 159,523
Stock- based compensation 843,537 (16,325)
Stock-based compensation for services 34,500 112,321
Warrants issued for compensation for services 5,000
Forgiveness of debt (98,245)
Increase (decrease) in prepaid expenses (2,069) 62
Increase in accounts payable and accrued expenses 155,117 345,410
(Increase) decrease in operating lease assets and liabilities 191 (10,384)
Increase in deferred compensation 267,250 784,332
Net cash used in operating activities (868,234) (849,169)
CASH FLOWS FROM INVESTING ACTIVITIES    
Purchase of property and equipment (869,398)
Disposal of property and equipment 973
Net cash used in investing activities (868,425)
CASH FLOWS FROM FINANCING ACTIVITIES    
Proceeds from sale of units 610,742
Commission on the sale of units and convertible debt (5,300) (20,400)
Proceeds from convertible loan 426,000 125,000
Proceeds from note payable loan - related party 399,763
Proceeds from convertible bridge note payable 400,000
Proceeds from exercise of warrants 28,500
Net cash provided by financing activities 820,463 1,143,842
Net decrease in cash (47,771) (573,752)
Cash at beginning of year 52,212 625,964
Cash at end of year 4,441 52,212
Supplemental disclosure of cash flow information:    
Cash paid for interest
Non-cash investing and financing transactions:    
Adjustment for debt modification from giveback agreements 17,734
Adjustment for deferred compensation modification from giveback agreements 708,502
Conversion of debt and liabilities into common units 140,951
Conversion of deferred compensation to notes payable 80,767
Capitalized interest in property and equipment 62,163
Purchase of property and equipment for accounts payable $ 1,681,105