v3.26.1
Note Receivable, Related Party
9 Months Ended
Mar. 31, 2026
Note Receivable, Related Party [Abstract]  
Note Receivable, Related Party

8. Note Receivable, Related Party

 

Note Receivable consists of the following at:

 

   March 31,
2026
   June 30,
2025
 
Note Receivable  $1,000,000   $
-
 
Total Note Receivable  $1,000,000   $
-
 

 

During the three months ended March 31, 2026, the Company entered into a loan agreement with a company to which a significant shareholder, Devlin DeFrancesco, is a paid advisor. The loan agreement is for $1,000,000 for one year, with a maturity date of February 20, 2027, paying interest monthly at an annualized rate of 15%. No principal payments have been received or are due until the maturity date. Through May 8, 2026, the Company has received $13,819 in interest payments.