v3.26.1
Condensed Consolidated Statements of Cash Flows - USD ($)
 9 Months Ended 12 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Jun. 30, 2025
Jun. 30, 2024
CASH FLOWS FROM OPERATING ACTIVITIES:        
Net loss $ (14,289,468) $ (54,851,839) $ (58,923,300) $ (1,820,528)
Adjustments to Reconcile Net Loss to Net Cash Used in Operating Activities:        
Issuance of common stock for services 741,248 51,348,000 51,348,000
Common stock issuable for services 3,570,000    
Amortization of prepaid stock based expenses 7,270,003 1,505,115 4,621,230
Foreign currency transaction loss (gain) 19,190 88,184 89,243 (22,080)
Depreciation expense 670 297
Allowance on refundable advance deposit     120,958
Amortization of debt discounts 198,362 193,283 303,563 294,005
Amortization of right-of-use assets 15,650 14,952 20,187 21,359
Change in fair value of derivative liabilities (49,876) (113,487) (212,450) (316,537)
Change in fair value of warrant liability (776,227)    
Derivative expense 95,012 333,596 141,012
Loss (gain) on extinguishment of debt, net (135,943) 840,032 871,032 (54,565)
Non-cash interest expense 5,843 5,519 5,519 3,832
Accretion of put premium 37,450 279,711
Changes in Assets and Liabilities:        
GST receivable (5,504) (880) (2,405) (71)
Prepaid expenses and other current assets (68,669) 1,312 1,379 4,746
Refundable advance deposit     (120,958)
Deferred offering costs     (25,000)
Other current assets (33,659)    
Accounts payable (335,235) 118,706 187,732 242,408
Employee benefit liability 38,573 27,917 40,184 49,196
Accrued expenses and other payables (308,783) 342,223 677,889 209,962
Accrued interest 34,365 89,179 255,155 78,733
Operating lease liability (8,643) (16,210) (21,722) (21,598)
NET CASH USED IN OPERATING ACTIVITIES (4,080,653) (312,982) (405,168) (935,118)
CASH FLOWS FROM INVESTING ACTIVITIES:        
Purchase of equipment (4,912)    
NET CASH USED IN INVESTING ACTIVITIES (4,912)    
CASH FLOWS FROM FINANCING ACTIVITIES:        
Proceeds from convertible promissory notes, net of original issue discounts and issue costs 100,000 150,000 222,500 567,050
Proceeds from issuance of convertible Series C Preferred stock, net of issuance cost 950,099    
Proceeds from exercise of Series C warrants 1,000,000    
Repayment of convertible note (203,350) (8,000) (8,000) (142,909)
Repayment of notes (671,777) (98,400) (122,788)
Repayment of loans payable - related party (169,194)    
Proceeds from the sale of common stock 3,314,458 23,057
Proceeds from note payable 75,000 145,000 320,000 190,000
Proceeds from loans payable     79,811
Proceeds from loans payable - related parties 78,249 294,400 343,700 224,885
Deferred offering costs (65,000) (264,656)
NET CASH PROVIDED BY FINANCING ACTIVITIES 4,473,485 418,000 490,756 941,894
Effect of exchange rate changes on cash 43,694 (75,343) (94,585) 4,262
NET INCREASE (DECREASE) IN CASH 431,614 29,675 (8,997) 11,038
CASH AT BEGINNING OF YEAR 12,088 21,085 21,085 10,047
CASH AT END OF YEAR 443,702 50,760 12,088 21,085
Cash paid during the year:        
Interest 126,855 21,625 30,715 9,491
Income Tax
Supplemental Disclosure of Non-Cash Investing and Financing Activities        
Reduction of put premium related to conversions of convertible notes 114,399 10,229 10,229 246,254
Conversion of convertible notes and accrued interest to common stock 416,291 79,686 79,686 560,483
Settlement of accounts payable for shares of common stock 129,354 129,354
Settlement of loans to former director for shares of common stock 74,395 74,395
Settlement of loans payable including accrued interest for shares of common stock 125,765 86,248 86,248
Deferred offering cost charged to additional paid in capital upon closing of offering 291,773    
Issuance of common stock related to debt exchange agreement 125,764    
Debt discounts related to derivative liability 150,000 222,500 150,000
Issuance of common stock and common stock issuable for prepaid services (net of amortized portion) 1,026,729 22,375,995    
Deemed dividend related to Series C Preferred Stock 932,246    
Reclassification of warrant liability into equity upon exercise of Series C warrants $ 1,805    
Operating lease right-of-use asset and operating lease liability pursuant to ASC 842     62,126
Relative fair value of warrant granted in connection with a loan payable - related party     141,084
Issuance of common stock for prepaid services (net of amortized portion)     19,259,880
Deemed dividend upon alternate cashless exercise of warrants     $ 192,960