SUBSEQUENT EVENTS |
9 Months Ended |
|---|---|
Mar. 31, 2026 | |
| Subsequent Events [Abstract] | |
| SUBSEQUENT EVENTS | 9. SUBSEQUENT EVENTS:
The Company has evaluated events that occurred subsequent to March 31, 2026 for recognition and disclosure in the financial statements and notes to the financial statements:
As of the filing date, the Company had subscription agreements on the January 2026 Convertible Notes for $, and commissions owed of $10,194. The January 2026 Convertible Notes bear interest at 7.5% per annum, have maturity dates of June 30,2026. The January 2026 Convertible Notes will convert into Units in the Company at the terms of a later capital raise, in which the Company crosses the threshold of $3 million aggregate capital raised, including proceeds from the filing.
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