v3.26.1
DERIVATIVE FINANCIAL INSTRUMENTS AND FAIR VALUE MEASUREMENTS (Tables)
9 Months Ended 12 Months Ended
Mar. 31, 2026
Jun. 30, 2025
Derivative Instruments and Hedging Activities Disclosure [Abstract]    
SCHEDULE OF FAIR VALUE MEASUREMENTS, RECURRING AND NONRECURRING, VALUATION TECHNIQUES

  

Initial Valuations
(on new derivative
instruments entered

into during the three
months ended
March 31, 2026)

   March 31, 2026 
Volatility   -    324%
Expected Remaining Term (in years)   -    0.002 
Risk Free Interest Rate   -    3.74%
Expected dividend yield   None    None 

 

  

Initial Valuations
(on new derivative
instruments entered

into during the year ended June 30, 2025)

  

Initial Valuations
(on new derivative
instruments entered

into during the year ended June 30, 2024)

 
Volatility   344-414%   323.40333.45%
Expected remaining term   0.66-1.00    0.50 
Risk-free interest rate   4.21-4.29%   5.42 - 5.55%
Expected dividend yield   None    None 

 

 

   June 30, 2025   June 30, 2024 
Volatility   413.55%   323.40%
Expected remaining term   0.01 - 0.95    0.01 - 0.28 
Risk-free interest rate   4.214.45%   5.45 - 5.47%
Expected dividend yield   None    None 
SCHEDULE OF FAIR VALUE, ASSETS AND LIABILITIES MEASURED ON RECURRING BASIS

 

   Balance at
March 31, 2026
  

Quoted Prices

in Active

Markets for

Identical
Assets

  

Significant

Other

Observable
Inputs

  

Significant

Unobservable Inputs

 
       (Level 1)   (Level 2)   (Level 3) 
Warrant liability  $104,313   $   $   $104,313 
Embedded conversion option liabilities   50,273            50,273 
Total  $154,586   $   $   $154,586 

 

   Balance at
June 30, 2025
  

Quoted Prices

in Active

Markets for

Identical
Assets

  

Significant

Other

Observable
Inputs

  

Significant

Unobservable Inputs

 
       (Level 1)   (Level 2)   (Level 3) 
Embedded conversion option liabilities  $403,892   $   $   $403,892 
Total  $403,892   $   $   $403,892 

The following tables summarize the Company’s financial assets and liabilities measured at fair value on a recurring basis as of June 30, 2025:

 

   Balance at
June 30, 2025
  

Quoted

Prices

in Active

Markets for

Identical Assets

  

Significant

Other

Observable Inputs

  

Significant

Unobservable Inputs

 
       (Level 1)   (Level 2)   (Level 3) 
Embedded conversion option liabilities  $403,892   $   $   $403,892 
Total  $403,892   $   $   $403,892 

 

The following tables summarize the Company’s financial assets and liabilities measured at fair value on a recurring basis as of June 30, 2024:

 

   Balance at
June 30, 2024
  

Quoted

Prices

in Active

Markets for

Identical Assets

  

Significant

Other

Observable Inputs

  

Significant

Unobservable Inputs

 
       (Level 1)   (Level 2)   (Level 3) 
Embedded conversion option liabilities  $133,886   $   $   $133,886 
Total  $133,886   $   $   $133,886 
SCHEDULE OF DERIVATIVE LIABILITIES AT FAIR VALUE

The following is a roll forward for the nine months ended March 31, 2026 of the fair value liability of price adjustable derivative instruments:

 

   Fair Value of 
   Liability for 
   Derivative 
   Instruments 
Balance at June 30, 2025  $403,892 
Initial fair value of embedded conversion option derivative liability recorded as debt discount    
Initial fair value of embedded conversion option derivative liability recorded as derivative expense    
Gain on debt extinguishment   (303,743)
Change in fair value included in statements of operations   (49,876)
Balance at March 31, 2026  $50,273 

The following is a roll forward for the years ended June 30, 2025 and 2024 of the fair value liability of price adjustable derivative instruments:

 

   Fair Value of 
   Liability for 
   Derivative 
   Instruments 
Balance at June 30, 2023  $423,209 
Initial fair value of embedded conversion option derivative liability recorded as debt discount   150,000 
Initial fair value of embedded conversion option derivative liability recorded as derivative expense   141,012 
Gain on debt extinguishment   (263,798)
Change in fair value included in statements of operations   (316,537)
Balance at June 30, 2024   133,886 
Initial fair value of embedded conversion option derivative liability recorded as debt discount   222,500 
Initial fair value of embedded conversion option derivative liability recorded as derivative expense   333,596 
Gain on debt extinguishment   (73,640)
Change in fair value included in statements of operations   (212,450)
Balance at June 30, 2025  $403,892 
SUMMARY OF THE CHANGES IN THE FAIR VALUE OF THE LEVEL 3 WARRANT LIABILITY

The following table sets forth a summary of the changes in the fair value of the Level 3 warrant liability for the nine months ended March 31, 2026:

 

   Warrant
Liability
 
Fair value as of June 30, 2025  $- 
Initial fair value of warrant liability upon issuance   882,345 
Reclassification into equity upon warrant exercise   (1,805)
Change in fair value of warrant liability   (776,227)
Fair value as of March 31, 2026  $104,313