v3.26.1
FAIR VALUE MEASUREMENT
 9 Months Ended
Mar. 31, 2026
FAIR VALUE MEASUREMENT  
FAIR VALUE MEASUREMENT

NOTE 12 – FAIR VALUE MEASUREMENT

 

Fair value measurements

 

At March 31, 2026 and June 30, 2025, the fair value of derivative liabilities is estimated using the Cox, Ross & Rubinstein Binomial Tree valuation model using inputs that include the expected volatility, the implied risk-free interest rate, as well as the expected dividend rate. The derivative liabilities are the only Level 3 fair value measures.

 

At March 31, 2026 the estimated fair values of the liabilities measured on a recurring basis are as follows:

 

 

 

Fair Value Measurements at

 

 

 

March 31, 2026:

 

 

 

(Level 1)

 

 

(Level 2)

 

 

(Level 3)

 

Derivative liability – Convertible notes

 

$-

 

 

$-

 

 

$191,098

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total derivative liability

 

$-

 

 

$-

 

 

$191,098

 

  

At June 30, 2025, the estimated fair values of the liabilities measured on a recurring basis are as follows:

 

 

 

Fair Value Measurements at

 

 

 

June 30, 2025:

 

 

 

(Level 1)

 

 

(Level 2)

 

 

(Level 3)

 

Derivative liability – Convertible notes

 

$-

 

 

$-

 

 

$7,805

 

Derivative liability – Warrants

 

 

-

 

 

 

-

 

 

 

-

 

Total derivative liability

 

$-

 

 

$-

 

 

$7,805