v3.25.4
Acquisitions and Unaudited Pro-Forma Financial Information (Tables)
 3 Months Ended 12 Months Ended
Sep. 30, 2025
Jun. 30, 2025
Business Combination [Line Items]    
Schedule of Goodwill

 

Balance - June 30, 2024  $897,542 
Acquisition of SWC   3,714,027 
Acquisition of Skytech   790,150 
Impairment charge - FHVH   (897,542)
Balance - June 30, 2025   4,504,177 
Acquisition of Victorville   46,985,000 
Acquisition of Rancho Mirage   44,197,000 
Balance - September 30, 2025   95,686,177 

For the years ended June 30, 2025 and 2024, goodwill was as follows:

 

Balance - June 30, 2023  $- 
Acquisition of FHVH   897,542 
Balance - June 30, 2024   897,542 
Acquisition of SWC   3,714,027 
Acquisition of Skytech   790,150 
Impairment charge - FHVH   (897,542)
Balance - June 30, 2025   4,504,177 
Victorville Treasure Holdings LLC [Member]    
Business Combination [Line Items]    
Schedule of Estimated Fair Value of Assets Acquired and Liabilities

Consideration   
Series C - convertible preferred stock - 216,667 shares  $39,000,000 
Series C - contingent consideration - 41,667 shares   7,125,000 
Fair value of consideration transferred  $46,125,000 
      
Recognized amounts of identifiable assets acquired and liabilities assumed:     
      
Cash   301,000 
Accounts receivable   73,000 
Prepaids and other   165,000 
Inventory   40,000 
Land   750,000 
Property and equipment - net   9,250,000 
Total assets acquired   10,579,000 
      
Accounts payable and accrued expenses   1,943,000 
Notes payable   3,224,000 
Mortgage note payable   9,492,000 
Total liabilities assumed   14,659,000 
      
Total identifiable net liabilities assumed   (4,080,000)
      
Allocation required for identifiable intangible assets and goodwill   50,205,000 
      
Intangible asset (liquor license)   20,000 
Intangible asset (franchise agreement)   3,200,000 
Total identifiable intangible assets   3,220,000 
      
Goodwill (including assembled workforce)  $46,985,000 
  
Schedule of Supplemental Proforma Information

   Year Ended  Year Ended
   June 30, 2025  June 30, 2024
       
Revenues - net  $2,515,319   $4,035,763 
           
Net loss  $(8,615,343)  $(4,230,077)
           
Loss per share - basic  $(0.07)  $(0.03)
           
Loss per share - diluted  $(0.07)  $(0.03)
           
Weighted average number of shares - basic   130,384,336    126,540,836 
           
Weighted average number of shares - diluted   130,384,336    126,540,836 
  
Ranch Mirage Hilton LLC [Member]    
Business Combination [Line Items]    
Schedule of Estimated Fair Value of Assets Acquired and Liabilities

Consideration     
Series C - convertible preferred stock - 176,167 shares  $42,280,000 
Series C - contingent consideration - 20,000 shares   4,800,000 
Fair value of consideration transferred  $47,080,000 
      
Recognized amounts of identifiable assets acquired and liabilities assumed:     
      
Cash   968,000 
Accounts receivable   11,000 
Prepaids and other   7,000 
Inventory   7,000 
Land   2,800,000 
Property and equipment - net   12,000,000 
Total assets acquired   15,793,000 
      
Accounts payable and accrued expenses   2,376,000 
Accounts payable and accrued expenses - related party   240,000 
Deferred revenue/customer deposits   12,000 
Notes payable   1,710,000 
Mortgage note payable   9,992,000 
Total liabilities assumed   14,330,000 
      
Total identifiable net assets assumed   1,463,000 
      
Allocation required for identifiable intangible assets and goodwill   45,617,000 
      
Intangible asset (liquor license)   20,000 
Intangible asset (franchise agreement)   1,400,000 
Total identifiable intangible assets   1,420,000 
      
Goodwill (including assembled workforce)  $44,197,000 
  
Schedule of Supplemental Proforma Information

  

Three Months Ended

  

Year Ended

 
   September 30, 2025   June 30, 2025 
         
Revenues - net  $2,373,373   $3,263,075 
           
Net loss  $(2,851,297)  $(7,779,858)
           
Loss per share - basic  $(0.02)  $(0.06)
           
Loss per share - diluted  $(0.02)  $(0.06)
           
Weighted average number of shares - basic   143,351,827    130,384,336 
           
Weighted average number of shares - diluted   143,351,827    130,384,336 
  
SWC Group Inc [Member]    
Business Combination [Line Items]    
Schedule of Estimated Fair Value of Assets Acquired and Liabilities  

    
Consideration    
Series C - convertible preferred stock - 83,333 shares  $4,399,982 
      
Fair value of consideration transferred   4,399,982 
      
Recognized amounts of identifiable assets acquired and liabilities assumed:     
      
Cash   28,340 
Accounts receivable   22,624 
Prepaids and other   114,590 
Inventory   252,203 
Property and equipment - net   26,942 
Operating lease - right - of -use asset   13,317 
Total assets acquired   458,016 
      
Accounts payable and accrued expenses   1,517,927 
Notes payable   67,262 
Operating lease liability   14,972 
Total liabilities assumed   1,600,161 
      
Total identifiable net liabilities assumed   (1,142,145)
      
Allocation required for identifiable intangible assets and goodwill   5,542,127 
      
Trade names/trademarks   786,800 
Customer relationships   1,041,300 
Total identifiable intangible assets   1,828,100 
      
Goodwill (including assembled workforce)  $3,714,027 
Schedule of Supplemental Proforma Information  

   Nine Months Ended   Year Ended 
   March 31, 2025   June 30, 2024 
         
Revenues - net  $1,345,874   $1,830,427 
           
Net loss  $(2,391,487)  $(3,820,900)
           
Loss per share - basic  $(0.02)  $(0.03)
           
Loss per share - diluted  $(0.02)  $(0.03)
           
Weighted average number of shares - basic   128,945,181    126,540,836 
           
Weighted average number of shares - diluted   128,945,181    126,540,836 
Skytech Automated Solutions Inc [Member]    
Business Combination [Line Items]    
Schedule of Estimated Fair Value of Assets Acquired and Liabilities  

     
Consideration     
Series C - convertible preferred stock - 10,000 shares  $528,000 
      
Fair value of consideration transferred   528,000 
      
Recognized amounts of identifiable assets acquired and liabilities assumed:     
      
Accounts receivable   19,250 
Property and equipment - net   32,550 
Total assets acquired   51,800 
      
Accounts payable and accrued expenses   3,650 
Accounts payable and accrued expenses - related parties   310,300 
Total liabilities assumed   313,950 
      
Total identifiable net liabilities assumed   (262,150)
      
Goodwill  $790,150 
Schedule of Supplemental Proforma Information  

   Nine Months Ended   Year Ended 
   March 31, 2025   June 30, 2024 
         
Revenues - net  $43,232   $89,272 
           
Net loss  $(2,156,766)  $(3,235,506)
           
Loss per share - basic  $(0.02)  $(0.03)
           
Loss per share - diluted  $(0.02)  $(0.03)
           
Weighted average number of shares - basic   128,945,181    126,540,836 
           
Weighted average number of shares - diluted   128,945,181    126,540,836 
Future Hospitality Ventures Holdings Inc [Member]    
Business Combination [Line Items]    
Schedule of Estimated Fair Value of Assets Acquired and Liabilities  

     
Consideration     
Series A - preferred stock - 1,000 shares  $- 
Series C - convertible preferred stock - 13,333 shares   868,708 
      
Fair value of consideration transferred   868,708 
      
Recognized amounts of identifiable assets acquired and liabilities assumed:     
      
Cash   111,863 
Other assets   126,000 
Total assets acquired   237,863 
      
Accounts payable and accrued expenses   4,845 
Other current liabilities   261,852 
Total liabilities assumed   266,697 
      
Total identifiable net liabilities assumed   (28,834)
      
Goodwill  $897,542