Derivative Liabilities (Tables)
|
9 Months Ended |
Mar. 31, 2026 |
|---|
| Derivative Instruments and Hedging Activities Disclosure [Abstract] |
|
| Schedule of Significant Assumptions Used in Valuation of Derivative Liability |
The
model utilized the following key assumptions:
Schedule
of Significant Assumptions Used in Valuation of Derivative Liability
| | |
March
31, 2026 | | |
June
30, 2025 | |
| | |
| | | |
| | |
| Expected term (years) | |
| 0.52
– 3.00 | | |
| 2.18
- 2.43 | |
| Expected volatility | |
| 158.70%
– 223.60% | | |
| 207.70%
- 233.30% | |
| Expected dividends | |
| 0.00%
– 0.00% | | |
| 0.00%
- 0.00% | |
| Risk free interest rate | |
| 3.68%
– 3.81% | | |
| 3.72%
- 3.89% | |
|
| Schedule of Activity in Derivative Liabilities Account |
A
reconciliation of the beginning and ending balances of derivative liabilities measured at fair value on a recurring basis using Level
3 inputs is presented below as of March 31, 2026 and June 30, 2025:
Schedule
of Activity in Derivative Liabilities Account
| | |
Third
Party | | |
Related
Party | | |
Total | |
| Derivative liabilities – June 30, 2024 | |
$ | - | | |
$ | - | | |
$ | - | |
| Fair value at commitment date | |
| 987,131 | | |
| 426,437 | | |
| 1,413,568 | |
| Gain on debt extinguishment | |
| - | | |
| (500,678 | ) | |
| (500,678 | ) |
| Fair value mark to market
adjustment | |
| (181,366 | ) | |
| 371,468 | | |
| 190,102 | |
| Derivative liabilities – June 30, 2025 | |
| 805,765 | | |
| 297,227 | | |
| 1,102,992 | |
| Fair value at commitment date | |
| 5,280,354 | | |
| 109,283 | | |
| 5,389,637 | |
| Fair value mark to market
adjustment | |
| (1,986,073 | ) | |
| (42,737 | ) | |
| (2,028,810 | ) |
| Derivative liabilities – March 31,
2026 | |
$ | 4,100,046 | | |
$ | 363,773 | | |
$ | 4,463,819 | |
|
| Schedule of Derivative Liability Activity |
For
the three and nine months ended March 31, 2026 and 2025, the Company recorded a change in fair value gain (loss) of its derivative liabilities
as follows:
Schedule
of Derivative Liability Activity
| Three
Months Ended March 31, | |
| 2026 | | |
2025 | |
| | | | |
| | |
| $ | 1,290,823 | | |
$ | - | |
| Nine
Months Ended March 31, | |
| 2026 | | |
2025 | |
| | | | |
| | |
| $ | 2,028,810 | | |
$ | - | |
|
| Schedule of Recognized Derivative Expense |
For
the three and nine months ended March 31, 2026 and 2025, the Company recognized derivative expense as follows:
Schedule
of Recognized Derivative Expense
| Three
Months Ended March 31, | |
| 2026 | | |
2025 | |
| | | | |
| | |
| $ | 590,630 | | |
$ | 611,583 | |
| Nine
Months Ended March 31, | |
| 2026 | | |
2025 | |
| | | | |
| | |
| $ | 1,486,387 | | |
$ | 611,583 | |
|
| Schedule of Financial Instruments at Fair Value on a Recurring Basis |
Liabilities
measured at fair value on a recurring basis consisted of the following at March 31, 2026 and June 30, 2025:
Schedule
of Financial Instruments at Fair Value on a Recurring Basis
| | |
March
31, 2026 | |
| | |
Level
1 | | |
Level
2 | | |
Level
3 | | |
Total | |
| Liabilities | |
| | | |
| | | |
| | | |
| | |
| Derivative
liabilities | |
$ | - | | |
$ | - | | |
$ | 4,463,819 | | |
$ | 4,463,819 | |
| Total | |
$ | - | | |
$ | - | | |
$ | 4,463,819 | | |
$ | 4,463,819 | |
| | |
June
30, 2025 | |
| | |
Level
1 | | |
Level
2 | | |
Level
3 | | |
Total | |
| Liabilities | |
| | | |
| | | |
| | | |
| | |
| Derivative
liabilities | |
$ | - | | |
$ | - | | |
$ | 1,102,992 | | |
$ | 1,102,992 | |
| Total | |
$ | - | | |
$ | - | | |
$ | 1,102,992 | | |
$ | 1,102,992 | |
|