v3.26.1
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
Mar. 31, 2026
Jun. 30, 2025
Current assets:    
Cash $ 130,028 $ 401,310
Receivables 2,943 287
Prepaid expenses and other current assets 10,800 10,956
Deposits, Current 20,623 6,000
Current assets held for sale 220 220
Total current assets 164,614 418,773
Other assets:    
Property and equipment, net 42,490 42,069
Intangible assets, net 33,617 51,430
Operating lease right-of-use assets 81,066 95,509
Deposits, noncurrent 0 125,000
Other assets held for sale 0 72,719
Total other assets 157,173 386,727
TOTAL ASSETS 321,787 805,500
Current liabilities:    
Accounts payable 66,957 123,620
Accrued expenses 101,166 62,837
Deferred revenue 19,660 203
Accrued preferred stock dividends 0 2,133,081
Operating lease liability, current 31,350 26,750
Due to related party 558,002 209,419
Notes payable in default, net of debt discount 500,000 500,000
Series C convertible preferred stock, $0.01 par value, 6,500 shares authorized, 6,500 shares issued and outstanding as of March 31, 2026 6,500,000 0
Current liabilities held for sale 0 0
Total current liabilities 7,777,135 3,055,910
Long Term Liabilities    
Sub-lease security deposit 7,500 7,500
Operating lease liability, long-term 61,132 77,525
Long term liabilities held for sale 0 0
Total Liabilities 7,845,767 3,140,935
Mezzanine:    
Commitments and contingencies 0 0
Stockholders' equity (deficit):    
Common stock payable 83,708 26,250
Common stock, $0.001 par value, 300,000,000 shares authorized, 6,236,580 and 6,186,580 shares issued and outstanding as of March 31, 2026 and June 30, 2025, respectively 6,233 6,183
Additional paid in capital 82,077,053 82,016,218
Accumulated deficit (89,853,514) 88,673,880
Total Stockholders' deficit of MedWellAI, Inc. and Subsidiaries (7,685,890) (6,624,599)
Noncontrolling interest 161,910 164,164
Total stockholders' deficit (7,523,980) (6,460,435)
Total liabilities, mezzanine and stockholders' deficit 321,787 805,500
Series B Preferred Stock [Member]    
Stockholders' equity (deficit):    
Preferred stock, value 130 130
Series C Preferred Stock [Member]    
Mezzanine:    
Mezzanine equity 0 1,125,000
Series D Preferred Stock [Member]    
Mezzanine:    
Mezzanine equity 0 3,000,000
Series A Preferred Stock [Member]    
Stockholders' equity (deficit):    
Preferred stock, value $ 500 $ 500