v3.26.1
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)
 3 Months Ended 9 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Mar. 31, 2026
Mar. 31, 2025
Revenue:        
Commissions $ 0 $ 276,096 $ 2,702 $ 409,368
Online sales, net 0 5,222 1,601 15,959
Product sales, net 596,176 0 1,622,679 0
Rental income 22,500 0 67,500 0
Total revenue 618,676 281,318 1,694,482 425,327
Costs and expenses:        
Cost of revenues - online products 0 3,327 0 7,130
Cost of revenues - product sales 466,004 0 1,256,774 0
Cost of revenues - rent 7,500 0 23,775 0
General and administrative 364,539 1,129,360 1,216,444 2,089,773
Depreciation and amortization 8,572 9,562 25,450 22,802
Change in fair value of digital assets 0 (8,806) 0 (8)
Realized (gain) loss on sale/purchase of digital assets 0 (37,933) 0 23,902
Impairment expense 0 0 0 0
Total operating expenses 846,615 1,095,510 2,522,443 2,143,599
Income (loss) from operations (227,939) (814,192) (827,961) (1,718,272)
Other income (expense):        
Interest expense (12,725) (12,658) (39,290) (38,716)
Loss on settlement of payables 0 0 0 (56,887)
Loss on exchange of Series C & D preferred shares 0 0 (241,918) 0
Total other income (expense) (12,725) (12,658) (281,208) (95,603)
Income (loss) from continued operations before income taxes (240,664) (826,850) (1,109,169) (1,813,875)
Provision for income taxes 0 0 0 0
Net income (loss) from continued operations (240,664) (826,850) (1,109,169) (1,813,875)
Net income (loss) from discontinued operations 0 191,596 (72,719) (794,288)
Net income (loss) (240,664) (635,254) (1,181,888) (2,608,163)
Net income (loss) attributable to noncontrolling interest (427) (46,624) (2,254) (129,575)
Net income (loss) attributable to MedWellAI, Inc. (240,237) (588,630) (1,179,634) (2,478,588)
Dividends on Preferred Stock 0 0 0 0
Net income (loss) attributable to shareholders $ (240,237) $ (588,630) $ (1,179,634) $ (2,478,588)
Continuing operations:        
Net income (loss) per common share attributable to shareholders, basic $ (0.04) $ (0.14) $ (0.18) $ (0.31)
Net income (loss) per common share attributable to shareholders, diluted $ (0.04) $ (0.14) $ (0.18) $ (0.31)
Weighted average number of common shares outstanding, basic 6,236,580 5,947,136 6,219,792 5,498,288
Weighted average number of common shares outstanding, diluted 6,236,580 5,947,136 6,219,792 5,498,288
Discontinuing operations:        
Net income (loss) per common share attributable to shareholders, basic one $ 0 $ 0.03 $ (0.01) $ (0.14)
Net income (loss) per common share attributable to shareholders, diluted one $ 0 $ 0.03 $ (0.01) $ (0.14)
Weighted average number of common shares outstanding, basic one 6,236,580 5,947,136 6,219,792 5,498,288
Weighted average number of common shares outstanding, diluted one 6,236,580 5,947,136 6,219,792 5,498,288