Debt (Tables)
|
9 Months Ended |
Mar. 31, 2026 |
|---|
| Defined Benefit Plan Disclosure [Line Items] |
|
| Schedule of Outstanding Debt Obligations |
The
following table summarizes the Company’s outstanding debt obligations as of March 31, 2026 and June 30, 2025:
Schedule of Outstanding Debt Obligations
| | |
Issue
Date | |
Maturity
Date | |
Interest
Rate | | |
Default
Interest Rate | | |
Collateral | |
Related
Party | |
Conversion
Price | | |
Equivalent
Shares | | |
Debt
Type |
| Loan #1 | |
September 22, 2022 | |
February 6, 2024 | |
| 15.00 | % | |
| 24.00 | % | |
All Assets | |
No | |
$ | 0.0330 | | |
| 4,915,411 | | |
Convertible Notes Payable |
| Loan #2 | |
September 22, 2022 | |
February 6, 2024 | |
| 15.00 | % | |
| 24.00 | % | |
All Assets | |
No | |
$ | 0.0330 | | |
| 20,083,468 | | |
Convertible Notes Payable |
| Loan #3 | |
February 28, 2023 | |
February 28, 2024 | |
| 15.00 | % | |
| 24.00 | % | |
All Assets | |
No | |
$ | 0.0330 | | |
| 5,221,742 | | |
Convertible Notes Payable |
| Loan #4 | |
March 24, 2023 | |
March 24, 2024 | |
| 15.00 | % | |
| 24.00 | % | |
All Assets | |
No | |
$ | 0.0330 | | |
| 5,221,742 | | |
Convertible Notes Payable |
| Loan #5 | |
April 17, 2023 | |
April 17, 2024 | |
| 15.00 | % | |
| 24.00 | % | |
All Assets | |
No | |
$ | 0.0330 | | |
| 5,221,742 | | |
Convertible Notes Payable |
| Loan #6 | |
June 1, 2023 | |
June 1, 2024 | |
| 15.00 | % | |
| 24.00 | % | |
All Assets | |
No | |
$ | 0.0330 | | |
| 6,488,992 | | |
Convertible Notes Payable |
| Loan #7 | |
October 5, 2023 | |
October 5, 2024 | |
| 15.00 | % | |
| 24.00 | % | |
All Assets | |
No | |
$ | 0.0330 | | |
| 2,011,585 | | |
Convertible Notes Payable |
| Loan #8 | |
November 17, 2023 | |
November 17, 2024 | |
| 15.00 | % | |
| 24.00 | % | |
All Assets | |
No | |
$ | 0.0330 | | |
| 2,011,585 | | |
Convertible Notes Payable |
| Loan #9 | |
December 6, 2023 | |
December 6, 2024 | |
| 15.00 | % | |
| 24.00 | % | |
All Assets | |
No | |
$ | 0.0330 | | |
| 5,534,715 | | |
Convertible Notes Payable |
| Loan #10 | |
January 24, 2024 | |
January 24, 2025 | |
| 15.00 | % | |
| 24.00 | % | |
All Assets | |
No | |
$ | 0.0330 | | |
| 12,598,399 | | |
Convertible Notes Payable |
| Loan #11 | |
March 13, 2024 | |
March 13, 2025 | |
| 15.00 | % | |
| 24.00 | % | |
All Assets | |
No | |
$ | 0.0330 | | |
| 10,901,508 | | |
Convertible Notes Payable |
| Loan #12 | |
May 5, 2024 | |
May 5, 2025 | |
| 15.00 | % | |
| 24.00 | % | |
All Assets | |
No | |
$ | 0.0330 | | |
| 12,815,786 | | |
Convertible Notes Payable |
| Loan #13 | |
September 24, 2024 | |
September 24, 2025 | |
| 15.00 | % | |
| 24.00 | % | |
All Assets | |
No | |
$ | 0.0330 | | |
| 16,090,832 | | |
Convertible Notes Payable |
| Loan #14 | |
February 19, 2025 | |
February 19, 2026 | |
| 15.00 | % | |
| 24.00 | % | |
All Assets | |
No | |
$ | 0.0330 | | |
| 7,276,267 | | |
Convertible Notes Payable |
| Loan #15 | |
March 13, 2025 | |
March 13, 2027 | |
| 15.00 | % | |
| 24.00 | % | |
All Assets | |
No | |
$ | 0.0330 | | |
| 16,374,577 | | |
Convertible Notes Payable |
| Loan #16 | |
June 29, 2023 | |
November 1, 2025 | |
| 15.00 | % | |
| 16.00 | % | |
Unsecured | |
No | |
$ | 0.0330 | | |
| - | | |
Convertible Notes Payable |
| Loan #17 | |
August 28, 2023 | |
November 1, 2025 | |
| 15.00 | % | |
| 16.00 | % | |
Unsecured | |
No | |
$ | 0.0330 | | |
| - | | |
Convertible Notes Payable |
| Loan #18 | |
January 23, 2025 | |
August 31, 2025 | |
| 17.50 | % | |
| 4.5%/month | | |
Unsecured | |
No | |
$ | - | | |
| - | | |
Notes Payable |
| Loan #19 | |
September 4, 2024 | |
September 4, 2027 | |
| 15.00 | % | |
| 15.00 | % | |
Unsecured | |
Yes | |
$ | 0.0202 | | |
| 8,287,030 | | |
Convertible Notes Payable - Related Party |
| Loan #20 | |
September 4, 2024 | |
September 4, 2027 | |
| 15.00 | % | |
| 15.00 | % | |
Unsecured | |
No | |
$ | 0.0202 | | |
| 5,934,356 | | |
Convertible Notes Payable |
| Loan #21 | |
September 4, 2024 | |
September 4, 2027 | |
| 15.00 | % | |
| 15.00 | % | |
Unsecured | |
No | |
$ | 0.0202 | | |
| 7,226,337 | | |
Convertible Notes Payable |
| Loan #22 | |
September 4, 2024 | |
September 4, 2027 | |
| 15.00 | % | |
| 15.00 | % | |
Unsecured | |
No | |
$ | 0.0202 | | |
| 8,103,960 | | |
Convertible Notes Payable |
| Loan #23 | |
September 4, 2024 | |
September 4, 2027 | |
| 15.00 | % | |
| 15.00 | % | |
Unsecured | |
No | |
$ | 0.0202 | | |
| 1,834,901 | | |
Convertible Notes Payable |
| Loan #24 | |
September 4, 2024 | |
September 4, 2027 | |
| 15.00 | % | |
| 15.00 | % | |
Unsecured | |
No | |
$ | 0.0202 | | |
| 5,230,495 | | |
Convertible Notes Payable |
| Loan #25 | |
September 4, 2024 | |
September 4, 2027 | |
| 15.00 | % | |
| 15.00 | % | |
Unsecured | |
No | |
$ | 0.0202 | | |
| 4,762,574 | | |
Convertible Notes Payable |
| Loan #26 | |
September 10, 2021 | |
September 10, 2026 | |
| 8.99 | % | |
| 20.00 | % | |
Vehicles | |
No | |
$ | - | | |
| - | | |
Notes Payable - Vehicles |
| Loan #27 | |
September 10, 2021 | |
September 10, 2026 | |
| 8.99 | % | |
| 20.00 | % | |
Vehicles | |
No | |
$ | - | | |
| - | | |
Notes Payable - Vehicles |
| Loan #28 | |
September 4, 2024 | |
September 4, 2027 | |
| 15.00 | % | |
| 15.00 | % | |
Unsecured | |
Yes | |
$ | 0.0202 | | |
| 2,705,545 | | |
Convertible Notes Payable - Related Party |
| Loan #29 | |
June 15, 2018 | |
June 21, 2024 | |
| 18.00 | % | |
| 18.00 | % | |
Unsecured | |
No | |
$ | - | | |
| - | | |
Notes Payable |
| Loan #30 | |
April 18, 2025 | |
April 18, 2026 | |
| 15.00 | % | |
| 15.00 | % | |
Unsecured | |
No | |
$ | - | | |
| - | | |
Notes Payable |
| Loan #31 | |
June 15, 2025 | |
June 15, 2026 | |
| 15.00 | % | |
| 15.00 | % | |
Unsecured | |
No | |
$ | - | | |
| - | | |
Notes Payable |
| Loan #32 | |
July 14, 2025 | |
July 14, 2026 | |
| 15.00 | % | |
| 15.00 | % | |
Unsecured | |
No | |
$ | - | | |
| - | | |
Notes Payable |
| Loan #33 | |
August 25, 2025 | |
August 25, 2026 | |
| 15.00 | % | |
| 15.00 | % | |
Unsecured | |
No | |
$ | - | | |
| - | | |
Notes Payable |
| Loan #34 | |
June 6, 2022 | |
June 6, 2029 | |
| 5.00 | % | |
| 0.00 | % | |
Building/Hotel | |
No | |
$ | - | | |
| - | | |
Mortgage Notes Payable |
| Loan #35 | |
June 6, 2022 | |
June 6, 2029 | |
| 5.00 | % | |
| 0.00 | % | |
Building/Hotel | |
No | |
$ | - | | |
| - | | |
Mortgage Notes Payable |
| Loan #36 | |
November 15, 2023 | |
Due on Demand | |
| 1.00 | % | |
| 1.00 | % | |
Building/Hotel | |
No | |
$ | - | | |
| - | | |
Notes Payable |
| Loan #37 | |
April 15, 2025 | |
April 15, 2026 | |
| 15.00 | % | |
| 15.00 | % | |
All Assets | |
No | |
$ | - | | |
| - | | |
Notes Payable |
| Loan #38 | |
May 22, 2025 | |
May 22, 2026 | |
| 15.00 | % | |
| 15.00 | % | |
All Assets | |
No | |
$ | - | | |
| - | | |
Notes Payable |
| Loan #39 | |
October 8, 2025 | |
October 8, 2026 | |
| 15.00 | % | |
| 24.00 | % | |
All Assets | |
No | |
$ | 0.0249 | | |
| 97,608,630 | | |
Convertible Notes Payable |
| Loan #40 | |
January 10, 2026 | |
January 10, 2027 | |
| 15.00 | % | |
| 24.00 | % | |
All Assets | |
No | |
$ | 0.0249 | | |
| 48,662,610 | | |
Convertible Notes Payable |
| Loan #41 | |
March 19, 2026 | |
March 19, 2027 | |
| 15.00 | % | |
| 24.00 | % | |
All Assets | |
No | |
$ | 0.0249 | | |
| 47,461,406 | | |
Convertible Notes Payable |
| Loan #42 | |
March 31, 2026 | |
March 31, 2029 | |
| 15.00 | % | |
| 15.00 | % | |
Unsecured | |
No | |
$ | 0.0202 | | |
| - | | |
Convertible Notes Payable
- Related Party |
| | |
| |
| |
| | | |
| | | |
| |
| |
| | | |
| 370,586,195 | | |
|
|
| Schedule of Convertible Notes Payable |
The
following represents a summary of the Company’s convertible notes payable at March 31, 2026 and June 30, 2025:
Schedule of Company’s Convertible Notes Payable
| June
30, 2024 | |
$ | 3,442,987 | |
| Advances | |
| 1,104,000 | |
| Debt
Discount | |
| (674,922 | ) |
| Amortization
of debt discount | |
| 278,382 | |
| Conversions
of debt to equity | |
| (36,425 | ) |
| Non-cash
increase of principal | |
| 73,750 | |
| Debt
acquired in acquisition - SWC | |
| 530,572 | |
| June
30, 2025 | |
| 4,718,344 | |
| Advances | |
| 4,621,471 | |
| Debt
Discount | |
| (4,621,471 | ) |
| Amortization
of debt discount | |
| 1,738,965 | |
| Conversions
of debt to equity | |
| (756,539 | ) |
| Non-cash
increase of principal | |
| 48,805 | |
| March
31, 2026 | |
$ | 5,749,575 | |
|
| Schedule of Detail of the Company’s Convertible Notes Payable |
The
following represents a detail of the Company’s convertible notes payable at March 31, 2026 and June 30, 2025:
Schedule
of Detail of the Company’s Convertible Notes Payable
| Note
# | |
June
30,
2024 | | |
Face
amount
of
note | | |
Non-cash
increase
of
principal | | |
Acquired
in
acquisitions | | |
Debt
discounts | | |
Amortization
of debt
discount | | |
Conversion
of
debt
to
common
stock | | |
June
30,
2025 | | |
In
Default | | |
Unamortized
Debt
Discount | |
| Convertible
Notes Payable |
| Note
# | |
June
30,
2024 | | |
Face
amount
of
note | | |
Non-cash
increase
of
principal | | |
Acquired
in
acquisitions | | |
Debt
discounts | | |
Amortization
of debt
discount | | |
Conversion
of
debt
to
common
stock | | |
June
30,
2025 | | |
In
Default | | |
Unamortized
Debt
Discount | |
| Note
#1 | |
$ | 738,470 | | |
$ | - | | |
$ | - | | |
$ | - | | |
$ | - | | |
$ | 3,090 | | |
$ | - | | |
$ | 741,560 | | |
$ | 741,560 | | |
$ | - | |
| Note
#2 | |
| 619,000 | | |
| - | | |
| - | | |
| - | | |
| - | | |
| - | | |
| - | | |
| 619,000 | | |
| 619,000 | | |
| - | |
| Note
#3 | |
| 160,941 | | |
| - | | |
| - | | |
| - | | |
| - | | |
| - | | |
| - | | |
| 160,941 | | |
| 160,941 | | |
| - | |
| Note
#4 | |
| 160,941 | | |
| - | | |
| - | | |
| - | | |
| - | | |
| - | | |
| - | | |
| 160,941 | | |
| 160,941 | | |
| - | |
| Note
#5 | |
| 160,941 | | |
| - | | |
| - | | |
| - | | |
| - | | |
| - | | |
| - | | |
| 160,941 | | |
| 160,941 | | |
| - | |
| Note
#6 | |
| 200,000 | | |
| - | | |
| - | | |
| - | | |
| - | | |
| - | | |
| - | | |
| 200,000 | | |
| 200,000 | | |
| - | |
| Note
#7 | |
| 59,321 | | |
| - | | |
| - | | |
| - | | |
| - | | |
| 2,679 | | |
| - | | |
| 62,000 | | |
| 62,000 | | |
| - | |
| Note
#8 | |
| 58,177 | | |
| - | | |
| - | | |
| - | | |
| - | | |
| 3,823 | | |
| - | | |
| 62,000 | | |
| 62,000 | | |
| - | |
| Note
#9 | |
| 158,781 | | |
| - | | |
| - | | |
| - | | |
| - | | |
| 11,807 | | |
| - | | |
| 170,588 | | |
| 170,588 | | |
| - | |
| Note
#10 | |
| 353,384 | | |
| - | | |
| - | | |
| - | | |
| - | | |
| 34,916 | | |
| - | | |
| 388,300 | | |
| 388,300 | | |
| - | |
| Note
#11 | |
| 292,022 | | |
| - | | |
| - | | |
| - | | |
| - | | |
| 43,978 | | |
| - | | |
| 336,000 | | |
| 336,000 | | |
| - | |
| Note
#12 | |
| 343,509 | | |
| - | | |
| - | | |
| - | | |
| - | | |
| 51,491 | | |
| - | | |
| 395,000 | | |
| - | | |
| - | |
| Note
#13 | |
| - | | |
| 473,000 | | |
| - | | |
| - | | |
| (70,950 | ) | |
| 51,895 | | |
| - | | |
| 453,945 | | |
| - | | |
| 19,055 | |
| Note
#14 | |
| - | | |
| 206,000 | | |
| - | | |
| - | | |
| (30,900 | ) | |
| 9,962 | | |
| - | | |
| 185,062 | | |
| - | | |
| 20,938 | |
| Note
#15 | |
| - | | |
| 425,000 | | |
| - | | |
| - | | |
| (42,500 | ) | |
| 10,905 | | |
| - | | |
| 393,405 | | |
| - | | |
| 31,595 | |
| Note
#16 | |
| 71,500 | | |
| | | |
| 37,150 | | |
| - | | |
| - | | |
| - | | |
| (36,425 | ) | |
| 72,225 | | |
| - | | |
| - | |
| Note
#17 | |
| 66,000 | | |
| | | |
| 36,600 | | |
| - | | |
| - | | |
| - | | |
| - | | |
| 102,600 | | |
| - | | |
| - | |
| Note
#20* | |
| - | | |
| | | |
| - | | |
| 102,289 | | |
| (102,289 | ) | |
| 10,379 | | |
| - | | |
| 10,379 | | |
| - | | |
| 91,910 | |
| Note
#21* | |
| - | | |
| | | |
| - | | |
| 124,221 | | |
| (124,221 | ) | |
| 12,604 | | |
| - | | |
| 12,604 | | |
| - | | |
| 111,617 | |
| Note
#22* | |
| - | | |
| | | |
| - | | |
| 133,700 | | |
| (133,700 | ) | |
| 13,566 | | |
| - | | |
| 13,566 | | |
| - | | |
| 120,134 | |
| Note
#23* | |
| - | | |
| | | |
| - | | |
| 30,000 | | |
| (30,000 | ) | |
| 3,045 | | |
| - | | |
| 3,045 | | |
| - | | |
| 26,955 | |
| Note
#24* | |
| - | | |
| | | |
| - | | |
| 85,519 | | |
| (85,519 | ) | |
| 8,677 | | |
| - | | |
| 8,677 | | |
| - | | |
| 76,842 | |
| Note
#25* | |
| - | | |
| | | |
| - | | |
| 54,843 | | |
| (54,843 | ) | |
| 5,565 | | |
| - | | |
| 5,565 | | |
| - | | |
| 49,278 | |
| Note
#39 | |
| - | | |
| | | |
| - | | |
| - | | |
| - | | |
| - | | |
| - | | |
| - | | |
| - | | |
| - | |
| Note
#40 | |
| - | | |
| | | |
| - | | |
| - | | |
| - | | |
| - | | |
| - | | |
| - | | |
| - | | |
| - | |
| Note
#41 | |
| - | | |
| | | |
| - | | |
| - | | |
| - | | |
| - | | |
| - | | |
| - | | |
| - | | |
| - | |
| Total | |
$ | 3,442,987 | | |
$ | 1,104,000 | | |
$ | 73,750 | | |
$ | 530,572 | | |
$ | (674,922 | ) | |
$ | 278,382 | | |
$ | (36,425 | ) | |
$ | 4,718,344 | | |
$ | 3,062,271 | | |
$ | 548,324 | |
| | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | |
| | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | | |
Short
Term | |
$ | 4,271,103 | | |
| | | |
| | |
| | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | | |
Long
Term | |
$ | 447,241 | | |
| | | |
| | |
NIGHTFOOD
HOLDINGS, INC. AND SUBSIDIARIES
DBA
TECHFORCE ROBOTICS
NOTES
TO UNAUDITED CONDENSED CONSOLIDATED FINANCIAL STATEMENTS
MARCH
31, 2026
| Note
# | |
June
30,
2025 | | |
Face
amount
of
note | | |
Non-cash
increase
of
principal | | |
Acquired
in
acquisitions | | |
Debt
discounts | | |
Amortization
of
debt
discount | | |
Conversion
of debt to
common stock | | |
March
31,
2026 | | |
In
Default | | |
Unamortized
Debt
Discount | |
| Convertible
Notes Payable |
| Note
# | |
June
30,
2025 | | |
Face
amount
of
note | | |
Non-cash
increase
of
principal | | |
Acquired
in
acquisitions | | |
Debt
discounts | | |
Amortization
of
debt
discount | | |
Conversion
of debt to
common stock | | |
March
31,
2026 | | |
In
Default | | |
Unamortized
Debt
Discount | |
| Note
#1 | |
$ | 741,560 | | |
$ | - | | |
$ | - | | |
$ | - | | |
$ | - | | |
$ | - | | |
$ | (581,714 | ) | |
$ | 159,846 | | |
$ | 159,845 | | |
$ | - | |
| Note
#2 | |
| 619,000 | | |
| - | | |
| - | | |
| - | | |
| - | | |
| - | | |
| - | | |
| 619,000 | | |
| 619,000 | | |
| - | |
| Note
#3 | |
| 160,941 | | |
| - | | |
| - | | |
| - | | |
| - | | |
| - | | |
| - | | |
| 160,941 | | |
| 160,941 | | |
| - | |
| Note
#4 | |
| 160,941 | | |
| - | | |
| - | | |
| - | | |
| - | | |
| - | | |
| - | | |
| 160,941 | | |
| 160,941 | | |
| - | |
| Note
#5 | |
| 160,941 | | |
| - | | |
| - | | |
| - | | |
| - | | |
| - | | |
| - | | |
| 160,941 | | |
| 160,941 | | |
| - | |
| Note
#6 | |
| 200,000 | | |
| - | | |
| - | | |
| - | | |
| - | | |
| - | | |
| - | | |
| 200,000 | | |
| 200,000 | | |
| - | |
| Note
#7 | |
| 62,000 | | |
| - | | |
| - | | |
| - | | |
| - | | |
| - | | |
| - | | |
| 62,000 | | |
| 62,000 | | |
| - | |
| Note
#8 | |
| 62,000 | | |
| - | | |
| - | | |
| - | | |
| - | | |
| - | | |
| - | | |
| 62,000 | | |
| 62,000 | | |
| - | |
| Note
#9 | |
| 170,588 | | |
| - | | |
| - | | |
| - | | |
| - | | |
| - | | |
| - | | |
| 170,588 | | |
| 170,588 | | |
| - | |
| Note
#10 | |
| 388,300 | | |
| - | | |
| - | | |
| - | | |
| - | | |
| - | | |
| - | | |
| 388,300 | | |
| 388,300 | | |
| - | |
| Note
#11 | |
| 336,000 | | |
| - | | |
| - | | |
| - | | |
| - | | |
| - | | |
| - | | |
| 336,000 | | |
| 336,000 | | |
| - | |
| Note
#12 | |
| 395,000 | | |
| - | | |
| - | | |
| - | | |
| - | | |
| - | | |
| - | | |
| 395,000 | | |
| 395,000 | | |
| - | |
| Note
#13 | |
| 453,945 | | |
| - | | |
| - | | |
| - | | |
| - | | |
| 19,055 | | |
| - | | |
| 473,000 | | |
| 473,000 | | |
| - | |
| Note
#14 | |
| 185,062 | | |
| - | | |
| - | | |
| - | | |
| - | | |
| 20,938 | | |
| - | | |
| 206,000 | | |
| 206,000 | | |
| - | |
| Note
#15 | |
| 393,405 | | |
| - | | |
| 48,805 | | |
| - | | |
| - | | |
| 31,595 | | |
| - | | |
| 473,805 | | |
| | | |
| - | |
| Note
#16 | |
| 72,225 | | |
| - | | |
| - | | |
| - | | |
| - | | |
| - | | |
| (72,225 | ) | |
| - | | |
| | | |
| - | |
| Note
#17 | |
| 102,600 | | |
| - | | |
| - | | |
| - | | |
| - | | |
| - | | |
| (102,600 | ) | |
| - | | |
| | | |
| - | |
| Note
#20* | |
| 10,379 | | |
| - | | |
| - | | |
| - | | |
| - | | |
| 31,136 | | |
| - | | |
| 41,515 | | |
| | | |
| 60,774 | |
| Note
#21 * | |
| 12,604 | | |
| - | | |
| - | | |
| - | | |
| - | | |
| 37,812 | | |
| - | | |
| 50,416 | | |
| | | |
| 73,804 | |
| Note
#22 * | |
| 13,566 | | |
| - | | |
| - | | |
| - | | |
| - | | |
| 40,698 | | |
| - | | |
| 54,264 | | |
| | | |
| 79,436 | |
| Note
#23 * | |
| 3,045 | | |
| - | | |
| - | | |
| - | | |
| - | | |
| 9,131 | | |
| - | | |
| 12,176 | | |
| | | |
| 17,824 | |
| Note
#24 * | |
| 8,677 | | |
| - | | |
| - | | |
| - | | |
| - | | |
| 26,032 | | |
| - | | |
| 34,709 | | |
| | | |
| 50,810 | |
| Note
#25 * | |
| 5,565 | | |
| - | | |
| - | | |
| - | | |
| - | | |
| 16,694 | | |
| - | | |
| 22,259 | | |
| | | |
| 32,584 | |
| Note
#39 | |
| - | | |
| 2,270,000 | | |
| - | | |
| - | | |
| (2,270,000 | ) | |
| 1,119,452 | | |
| - | | |
| 1,119,452 | | |
| | | |
| 1,150,548 | |
| Note
#40 | |
| - | | |
| 1,175,000 | | |
| - | | |
| - | | |
| (1,175,000 | ) | |
| 289,726 | | |
| - | | |
| 289,726 | | |
| | | |
| 885,274 | |
| Note
#41 | |
| - | | |
| 1,176,471 | | |
| - | | |
| - | | |
| (1,176,471 | ) | |
| 96,696 | | |
| - | | |
| 96,696 | | |
| | | |
| 1,079,775 | |
| Total | |
$ | 4,718,344 | | |
$ | 4,621,471 | | |
$ | 48,805 | | |
$ | - | | |
$ | (4,621,471 | ) | |
$ | 1,738,965 | | |
$ | (756,539 | ) | |
$ | 5,749,575 | | |
$ | 3,554,556 | | |
$ | 3,430,829 | |
| | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | |
| | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | | |
Short
Term | |
$ | 5,534,235 | | |
| | | |
| | |
| | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | | |
Long
Term | |
$ | 215,340 | | |
| | | |
| | |
| * | These
notes convert at a 35% discount to the lowest market price during the prior 20 trading days.
Due to this variable conversion feature, the notes are classified as derivative liabilities
under ASC 815-40. |
|
| Schedule of Principal Terms of the Notes |
Schedule
of Principal Terms of the Notes
| Note
# | |
Issuance
Date | |
Maturity
Date | |
Principal | | |
Original
Issue Discount | | |
Net
Proceeds | |
| | |
| |
| |
| | |
| | |
| |
| 39 | |
October
8, 2025 | |
October
8, 2026 | |
$ | 2,270,000 | | |
$ | 340,500 | | |
$ | 1,929,500 | |
| 40 | |
January
10, 2026 | |
January
10, 2027 | |
| 1,175,000 | | |
| 201,252 | | |
| 973,748 | |
| 41 | |
March
19, 2026 | |
March
19, 2027 | |
| 1,176,471 | | |
| 176,471 | | |
| 1,000,000 | |
| | |
| |
| |
$ | 4,621,471 | | |
$ | 718,223 | | |
$ | 3,903,248 | |
|
| Schedule of Issuance of Each Note in Derivative Liabilities |
The
amounts recognized at issuance for each Note are summarized below:
Schedule
of Issuance of Each Note in Derivative Liabilities
| | |
| |
Initial
Derivative | | |
Aggregate | | |
Derivative | |
| Note
# | |
Issuance
Date | |
Fair
Value | | |
Debt
Discount | | |
Expense | |
| | |
| |
| | |
| | |
| |
| 39 | |
October
8, 2025 | |
$ | 2,825,257 | | |
$ | 2,270,000 | | |
$ | 895,757 | |
| 40 | |
January
10, 2026 | |
| 1,238,092 | | |
| 1,175,000 | | |
| 239,342 | |
| 41 | |
March
19, 2026 | |
| 1,217,005 | | |
| 1,176,471 | | |
| 242,005 | |
| | |
| |
$ | 5,280,354 | | |
$ | 4,621,471 | | |
$ | 1,377,104 | |
|
| Schedule of Loss on Debt Extinguishment |
In
connection with this transaction, the Company recorded a loss on debt extinguishment as follows:
Schedule
of Loss on Debt Extinguishment
| | |
| | |
| Fair
value of debt (10% increase) and Series D, preferred stock on extinguishment date | |
$ | 113,955 | |
| Loss
on debt extinguishment | |
$ | 113,955 | |
|
| Schedule of Debt Conversions |
Schedule
of Debt Conversions
| Note
# | |
Shares
Issued | | |
Principal | | |
Accrued
Interest | | |
Default
Interest | | |
Fees | | |
Total
Converted | |
| | |
| | |
| | |
| | |
| | |
| | |
| |
| 1 | |
| 29,700,000 | | |
$ | 581,714 | | |
$ | 63,231 | | |
$ | 328,155 | | |
$ | 7,000 | | |
$ | 980,100 | |
| 16 | |
| 2,380,901 | | |
| 72,225 | | |
| 2,845 | | |
| - | | |
| 3,500 | | |
| 78,570 | |
| 17 | |
| 4,285,994 | | |
| 102,600 | | |
| 33,587 | | |
| - | | |
| 5,250 | | |
| 141,437 | |
| | |
| 36,366,895 | | |
$ | 756,539 | | |
$ | 99,663 | | |
$ | 328,155 | | |
$ | 15,750 | | |
$ | 1,200,107 | |
| Note
# | |
Shares
Issued | | |
Principal | | |
Accrued
Interest | | |
Default
Interest | | |
Fees | | |
Total
Converted | |
| | |
| | |
| | |
| | |
| | |
| | |
| |
| 2 | |
| 6,000,000 | | |
$ | - | | |
$ | 20,963 | | |
$ | 175,287 | | |
$ | 1,750 | | |
$ | 198,000 | |
| 16 | |
| 2,003,614 | | |
| 36,425 | | |
| 26,195 | | |
| - | | |
| 3,500 | | |
| 66,120 | |
| | |
| 8,003,614 | | |
$ | 36,425 | | |
$ | 47,158 | | |
$ | 175,287 | | |
$ | 5,250 | | |
$ | 264,120 | |
|
| Summary of Notes Payable |
The
following represents a summary of the Company’s notes payable at March 31, 2026 and June 30, 2025:
Summary of Notes Payable
| June
30, 2024 | |
$ | - | |
| Proceeds | |
| 1,547,000 | |
| Repayments | |
| (23,988 | ) |
| Debt
acquired in acquisition | |
| 67,262 | |
| June
30, 2025 | |
| 1,590,274 | |
| Repayments | |
| (18,272 | ) |
| Debt
acquired in acquisition - net - Victorville | |
| 3,224,000 | |
| Debt
acquired in acquisition - net - Rancho Mirage | |
| 1,700,000 | |
| Settlement
of pre-existing debt of target acquisition | |
| (1,547,000 | ) |
| Amortization
of debt discount | |
| 231,826 | |
| March
31, 2026 | |
$ | 5,180,828 | |
|
| Schedule of Notes Payable |
The
following represents a detail of the Company’s notes payable at March 31, 2026 and June 30, 2025:
Schedule of Notes Payable
| | |
Loans
#26 and #27 | | |
Various
Loans#18,
#29, #30 and #31 | | |
Acquired
Debt
Loan
#36 | | |
Acquired
Debt
Loan
#37 | | |
Acquired
Debt
Loan
#38 | | |
Total | |
| | |
| | |
| | |
| | |
| | |
| | |
| |
| Date
of Note | |
| September
10, 2021 | | |
| June
15, 2018 - June 15, 2025 | | |
| November
15, 2023 | | |
| April
15, 2025 | | |
| May
22, 2025 | | |
| | |
| Maturity
Date of Note | |
| September
10, 2026 | | |
| June
21, 2024 - June 15, 2026 | | |
| Demand | | |
| April
15, 2026 | | |
| May
22, 2026 | | |
| | |
| Interest
Rate | |
| 8.99 | % | |
| 15.00%
- 18.00% | | |
| 1.00 | % | |
| 15.00 | % | |
| 15.00 | % | |
| | |
| Default
Interest Rate | |
| 20.00 | % | |
| 15.00%
- 18.00% | | |
| 1.00 | % | |
| 15.00 | % | |
| 15.00 | % | |
| | |
| In-Default | |
$ | - | | |
$ | 20,000 | | |
$ | - | | |
$ | - | | |
$ | - | | |
$ | 20,000 | |
| Collateral | |
| Vehicle | | |
| Unsecured | | |
| Building/Hotel | | |
| All
Assets | | |
| All
Assets | | |
| | |
| | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | |
| June
30, 2025 | |
$ | 14,024 | | |
$ | 1,576,250 | | |
$ | - | | |
$ | - | | |
$ | - | | |
$ | 1,590,274 | |
| Settlement
of pre-existing debt of target acquisition | |
| - | | |
| (1,547,000 | ) | |
| - | | |
| - | | |
| - | | |
| (1,547,000 | ) |
| Debt
acquired in acquisition - Victorville | |
| - | | |
| - | | |
| - | | |
| 1,140,000 | | |
| 2,335,000 | | |
| 3,475,000 | |
| Debt
discount | |
| - | | |
| - | | |
| - | | |
| (66,500 | ) | |
| (184,500 | ) | |
| (251,000 | ) |
| Debt
acquired in acquisition - Rancho Mirage | |
| - | | |
| - | | |
| 1,700,000 | | |
| - | | |
| - | | |
| 1,700,000 | |
| Amortization
of debt discount | |
| - | | |
| - | | |
| - | | |
| 66,500 | | |
| 165,326 | | |
| 231,826 | |
| Repayments | |
| (9,022 | ) | |
| (9,250 | ) | |
| - | | |
| - | | |
| - | | |
| (18,272 | ) |
| March
31, 2026 | |
| 5,002 | | |
| 20,000 | | |
| 1,700,000 | | |
| 1,140,000 | | |
| 2,315,826 | | |
| 5,180,828 | |
| Less:
short term | |
| 5,002 | | |
| 20,000 | | |
| 1,700,000 | | |
| 1,140,000 | | |
| 2,315,826 | | |
| 5,180,828 | |
| Long
term | |
$ | - | | |
$ | - | | |
$ | - | | |
$ | - | | |
$ | - | | |
$ | - | |
| | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | |
| June
30, 2024 | |
$ | - | | |
$ | - | | |
$ | - | | |
$ | - | | |
$ | - | | |
$ | - | |
| Proceeds | |
| - | | |
| 1,547,000 | | |
| - | | |
| - | | |
| - | | |
| 1,547,000 | |
| Debt
acquired in acquisition - SWC | |
| 17,262 | | |
| 50,000 | | |
| - | | |
| - | | |
| - | | |
| 67,262 | |
| Repayments | |
| (3,238 | ) | |
| (20,750 | ) | |
| - | | |
| - | | |
| - | | |
| (23,988 | ) |
| June
30, 2025 | |
| 14,024 | | |
| 1,576,250 | | |
| - | | |
| - | | |
| - | | |
| 1,590,274 | |
| Less:
short term | |
| - | | |
| 1,576,250 | | |
| - | | |
| - | | |
| - | | |
| 1,576,250 | |
| Long
term | |
$ | 14,024 | | |
$ | - | | |
$ | - | | |
$ | - | | |
$ | - | | |
$ | 14,024 | |
|
| Schedule of Notes Payable Related Parties |
The
following represents a detail of the Company’s convertible notes payable – related parties at March 31, 2026 and June 30,
2025:
Schedule of Notes Payable Related Parties
| | |
Loan
#19 | | |
Loan
#28 | | |
Loan
#42 | | |
Total | |
| | |
| | |
| | |
| | |
| |
| Holder | |
| Chief
Executive Officer | | |
| Chief
Revenue Officer | | |
| Chief
Revenue Officer | | |
| | |
| | |
| | | |
| Board
Director | | |
| Board
Director | | |
| | |
| Date
of Note | |
| September
4, 2024 | | |
| September
4, 2024 | | |
| March
31, 2026 | | |
| | |
| Maturity
Date of Note | |
| September
4, 2027 | | |
| September
4, 2027 | | |
| March
31, 2029 | | |
| | |
| Interest
Rate | |
| 15.00 | % | |
| 15.00 | % | |
| 15.00 | % | |
| | |
| In-Default | |
$ | - | | |
$ | - | | |
$ | - | | |
$ | - | |
| Collateral | |
| Unsecured | | |
| Unsecured | | |
| Unsecured | | |
| | |
| * | These convertible
notes are convertible at a discount, equal to 65% of the lowest market price over the preceding 20 days. |
|
| Schedule of Convertible Notes Payable Related Parties |
Schedule
of Convertible Notes Payable Related Parties
| June
30, 2025 | |
$ | 15,172 | | |
$ | 4,977 | | |
$ | - | | |
$ | 20,149 | |
| |
| (180,154 | ) | |
| (49,050 | ) | |
| (49,050 | ) | |
| (278,254 | ) |
| Conversion
of accounts payable to convertible note payable - related party | |
| - | | |
| - | | |
| 73,927 | | |
| 73,927 | |
| Amortization
of debt discount | |
| 45,516 | | |
| 14,931 | | |
| - | | |
| 60,447 | |
| March
31, 2026 | |
| 60,688 | | |
| 19,908 | | |
| 73,927 | | |
| 154,523 | |
| Less:
short term | |
| - | | |
| - | | |
| - | | |
| - | |
| Long
term | |
$ | 60,688 | | |
$ | 19,908 | | |
$ | 73,927 | | |
$ | 154,523 | |
| | |
| | | |
| | | |
| | | |
| | |
| | |
| | | |
| | | |
| | | |
| | |
| June
30, 2024 | |
$ | - | | |
$ | - | | |
$ | - | | |
$ | - | |
| Debt
acquired in acquisition - SWC | |
| 180,154 | | |
| 49,050 | | |
| 49,050 | | |
| 278,254 | |
| Debt
discount | |
| (180,154 | ) | |
| (49,050 | ) | |
| (49,050 | ) | |
| (278,254 | ) |
| Amortization
of debt discount | |
| 48,662 | | |
| 4,977 | | |
| 4,977 | | |
| 58,616 | |
| Repayments | |
| (33,490 | ) | |
| - | | |
| - | | |
| (33,490 | ) |
| June
30, 2025 | |
| 15,172 | | |
| 4,977 | | |
| 4,977 | | |
| 25,126 | |
| Less:
short term | |
| - | | |
| - | | |
| - | | |
| - | |
| Long
term | |
$ | 15,172 | | |
$ | 4,977 | | |
$ | 4,977 | | |
$ | 25,126 | |
|
| Schedule of Mortgage Notes Payable Related to Acquisition |
The
following represents a summary of the Company’s mortgage notes payable at March 31, 2026 and June 30, 2025:
Schedule of Mortgage Notes Payable Related to Acquisition
| June
30, 2025 | |
$ | - | |
| Debt
acquired in acquisition - Victorville | |
| 9,492,000 | |
| Debt
acquired in acquisition - Rancho Mirage | |
| 9,992,000 | |
| Repayments | |
| (197,783 | ) |
| March
31, 2026 | |
$ | 19,286,217 | |
|
| Schedule of Mortgage Notes Payable |
The
following table presents a detail of the Company’s mortgage notes payable at March 31, 2026 and June 30, 2025:
Schedule of Mortgage Notes Payable
| | |
Loan
#34 | | |
Loan
#35 | | |
Total | |
| | |
| | |
| | |
| |
| Property
Name | |
| Victorville | | |
| Rancho
Mirage | | |
| | |
| Date
of Note | |
| June
6, 2022 | | |
| June
6, 2022 | | |
| | |
| Maturity
Date of Note | |
| June
6, 2029 | | |
| June
6, 2029 | | |
| | |
| Interest
Rate | |
| 7.00 | %* | |
| 7.00 | %* | |
| | |
| In-Default | |
$ | - | | |
$ | - | | |
$ | - | |
| Collateral | |
| Property | | |
| Property | | |
| | |
| * | The interest rate
was fixed at 5% for the period June 2022 - June 2025. Subsequently, the interest rate is variable, equal to Wall Street Journal prime
rate plus 0.25% |
|
| Schedule of Mortgage Notes Payable Related to Debt |
Schedule of Mortgage Notes Payable Related to Debt
| June
30, 2025 | |
$ | - | | |
| - | | |
$ | - | |
| Debt
acquired in acquisition | |
| 9,492,000 | | |
| 9,992,000 | | |
| 19,484,000 | |
| Repayments | |
| (95,182 | ) | |
| (102,601 | ) | |
| (197,783 | ) |
| March
31, 2026 | |
| 9,396,818 | | |
| 9,889,399 | | |
| 19,286,217 | |
| Less:
short term | |
| 206,867 | | |
| 217,728 | | |
| 424,595 | |
| Long
term | |
$ | 9,189,951 | | |
$ | 9,671,671 | | |
$ | 18,861,622 | |
|
| Schedule of Maturities of Various Debt Arrangements |
The
following represents future maturities of the Company’s various debt arrangements as follows:
Schedule of Maturities of Various Debt Arrangements
| For
the Year Ended June 30, | |
Convertible
Notes
Payable | | |
Convertible
Notes
Payable - Related Parties | | |
Notes
Payable | | |
Mortgage
Notes
Payable | | |
Total | |
| | |
| | |
| | |
| | |
| | |
| |
| 2026
(3 months) | |
$ | 3,554,556 | | |
$ | - | | |
$ | 5,180,828 | | |
$ | 104,353 | | |
$ | 8,839,737 | |
| 2027 | |
| 1,979,679 | | |
| - | | |
| - | | |
| 432,049 | | |
| 2,411,728 | |
| 2028 | |
| 215,340 | | |
| 80,596 | | |
| | | |
| 459,650 | | |
| 755,586 | |
| 2029 | |
| - | | |
| 73,927 | | |
| - | | |
| 18,290,165 | | |
| 18,364,092 | |
| Total | |
$ | 5,749,575 | | |
$ | 154,523 | | |
$ | 5,180,828 | | |
$ | 19,286,217 | | |
$ | 30,371,143 | |
|
| Related Party [Member] |
|
| Defined Benefit Plan Disclosure [Line Items] |
|
| Schedule of Convertible Notes Payable |
The
following represents a summary of the Company’s convertible notes payable – related parties at March 31, 2026 and June 30,
2025:
Schedule
of Convertible Notes Payable
| June
30, 2024 | |
$ | - | |
| Debt
acquired in acquisition - SWC | |
| 229,204 | |
| Debt
Discount | |
| (229,204 | ) |
| Amortization
of debt discount | |
| 53,639 | |
| Repayments | |
| (33,490 | ) |
| June
30, 2025 | |
| 20,149 | |
| Conversion
of accounts payable to | |
| | |
| convertible
note payable - related party | |
| 73,927 | |
| Amortization
of debt discount | |
| 60,447 | |
| March
31, 2026 | |
$ | 154,523 | |
|