v3.26.1
PROPERTY AND EQUIPMENT
9 Months Ended
Mar. 31, 2026
PROPERTY AND EQUIPMENT  
PROPERTY AND EQUIPMENT

5.  PROPERTY AND EQUIPMENT

 

Property and equipment consisted of the following as of:

 

 

 

March 31, 2026

 

 

June 30, 2025

 

 

 

 

 

 

 

 

Furniture and equipment

 

$2,242

 

 

$2,242

 

Leasehold improvements

 

 

48,943

 

 

 

40,885

 

 

 

 

 

 

 

 

 

 

Total

 

 

51,185

 

 

 

43,127

 

Less accumulated depreciation and amortization

 

 

(8,695 )

 

 

(1,058 )

 

 

 

 

 

 

 

 

 

Net

 

$42,490

 

 

$42,069

 

 

Depreciation expense for the three months ended March 31, 2026 and 2025 was $2,634 and $187, respectively. Depreciation expense for the nine months ended March 31, 2026 and 2025 was $7,637 and $417, respectively.