v3.26.1
REVISIONS OF PRIOR-YEAR COMPARATIVE AMOUNTS (Tables)
 9 Months Ended 12 Months Ended
Mar. 31, 2026
Jun. 30, 2026
Equity [Abstract]    
SCHEDULE OF CONSOLIDATED STATEMENTS OF BALANCE SHEET  

Summary of Restated Comparative Amounts (June 30, 2024)

 

 Consolidated balance sheet line item   As previously
reported		   Revisions   As revised 
             
Accrued share-based compensation for nonemployee  $-   $139,191   $139,191 
Accrued share-based compensation for employee  $-    135,679    135,679 
Total current liabilities  $2,478,231   $275,659   $2,753,890 
Total liabilities  $2,569,398   $275,659   $2,845,057 
                
Common stock  $1,199,358   $21,988   $1,221,346 
Common stock to be issued  $22,887   $(22,887)  $- 
Common stock to be cancelled  $(375)  $375   $- 
Additional paid-in capital  $49,921,380   $(274,346)  $49,647,034 
Total equity  $37,591,140   $(274,870)  $37,316,270 
Total equity and liabilities  $40,160,538   $789   $40,161,327 
 

As a result of the above adjustments, comparative amounts for the year ended June 30, 2024 have been revised to reflect the correction of classification errors and to conform to the current year presentation.

 

Consolidated balance sheet line item  As previously reported   Revisions   As revised 
             
Accounts receivables  $65,960   $789   $66,749 
Prepaid share-based compensation-nonemployees  $-   $135,144   $135,144 
Prepayments  $222,173   $(200,666)  $26,507 
Total current assets  $3,494,419   $(64,733)  $3,429,686 
                
Prepaid share-based compensation-nonemployees  $-   $65,522   $65,522 
Total non-current assets  $36,666,119   $65,522   $36,731,641 
Total assets  $40,160,538   $789   $40,161,327 
                
Accounts payable  $92,250   $(717)  $91,533 
Other payables  $517,189   $(56,177)  $461,012 
Amount due to related parties  $327,867   $57,683   $385,550 
Total current liabilities  $2,478,231   $275,659   $2,753,890 
Total liabilities  $2,569,398   $275,659   $2,845,057 
 
SCHEDULE OF CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS' EQUITY

 SCHEDULE OF CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS' EQUITY

                                    
   Common stock   Common stock to be    Common stock to be   Deferred stock-based  

Additional

paid-in

     
   No. of shares   Amount   issued   cancelled   compensation   capital   Total 
Balance as of July 1, 2024                                   
- As previously reported   1,222,245,276   $1,199,358   $22,887   $(375)  $-   $49,921,380   $37,591,140 
- Revisions   (898,690)  $21,988   $(22,887)  $375   $-   $(274,346)  $(274,870)
- As revised   1,221,346,586   $1,221,346   $-   $-   $-   $49,647,034   $37,316,270 
Shares issued for private placement                                   
- As previously reported   6,024,439   $6,024   $-   $-   $-   $577,976   $584,000 
- Revisions   3,277,775   $3,278   $-   $-   $-   $316,722   $320,000 
- As revised   9,302,214   $9,302   $-   $-   $-   $894,698   $904,000 
Share issued for previously committed private placement                                   
- As previously reported   -   $21,988   $(21,988)  $-   $-   $-   $- 
- Revisions   -   $(21,988)  $21,988   $-   $-   $-   $- 
- As revised   -   $-   $-   $-   $-   $-   $- 
Shares issued to service provider                                   
- As previously reported   2,302,890   $2,303   $-   $-   $-   $788,506   $790,809 
- Revisions   5,053,660   $5,053   $-   $-   $-   $879,186   $884,239 
- As revised   7,356,550   $7,356   $-   $-   $-   $1,667,692   $1,675,048 
Shares issued for previously committed issued to service provider                                   
- As previously reported   -   $397   $(397)  $-   $-   $-   $- 
- Revisions   -   $(397)  $397   $-   $-   $-   $- 
- As revised   -   $-   $-   $-   $-   $-   $- 
Shares issued for previously committed issued to employee                                   
- As previously reported   -   $502   $(502)  $-   $-   $-   $- 
- Revisions   -   $(502)  $502   $-   $-   $-   $- 
- As revised   -   $-   $-   $-   $-   $-   $- 
Shares issued to employee                                   
- As previously reported   1,518,420   $1,518   $-   $-   $-   $409,213   $410,731 
- Revisions   551,580   $552   $-   $-   $-   $(165,968)  $(165,416)
- As revised   2,070,000   $2,070   $-   $-   $-   $243,245   $245,315 
Shares to be issued for private placement                                   
- As previously reported   3,277,775   $-   $3,278   $-   $-   $316,722   $320,000 
- Revisions   (3,277,775)  $-   $(3,278)  $-   $-   $(316,722)  $(320,000 
- As revised   -   $-   $-   $-   $-   $-   $- 
Shares to be issued to service provider                                   
- As previously reported   4,656,550   $-   $4,656   $-   $(745,048)  $740,392   $- 
- Revisions   (4,656,550)  $-   $(4,656)  $-   $745,048   $(740,392)  $- 
- As revised   -   $-   $-   $-   $-   $-   $- 
Shares to be issued to employee                                   
- As previously reported   50,000   $-   $50   $-   $-   $9,230   $9,280 
- Revisions   (50,000)  $-   $(50)  $-   $-   $(9,230)  $(9,280)
- As revised   -   $-   $-   $-   $-   $-   $- 
Share based compensation to employee                                   
- As previously reported   -   $-   $-   $-   $-   $-   $- 
- Revisions   -   $-   $-   $-   $-   $92,044   $92,044 
- As revised   -   $-   $-   $-   $-   $92,044   $92,044 
Balance as of December 31, 2024                                   
- As previously reported   1,249,280,892   $1,241,296   $7,984   $(375)  $(745,048)  $53,385,101   $37,958,212 
- Revisions   -   $7,984   $(7,984)  $375   $745,048   $(218,706)  $526,717 
- As revised   1,249,280,892   $1,249,280   $-   $-   $-   $53,166,395   $38,484,929 
Shares issued for private placement                                   
- As previously reported   3,905,555   $3,906   $-   $-   $-   $386,094   $390,000 
- Revisions   183,333   $183   $-   $-   $-   $24,817   $25,000 
- As revised   4,088,888   $4,089   $-   $-   $-   $410,911   $415,000 
Share issued for previously committed private placement                                   
- As previously reported   -   $3,278   $(3,278)  $-   $-   $-   $- 
- Revisions   -   $(3,278)  $3,278   $-   $-   $-   $- 
- As revised   -   $-   $-   $-   $-   $-   $- 
Shares issued for previously committed issued to service provider                                   
- As previously reported   -   $4,656   $(4,656)  $-   $745,048   $-   $745,048 
- Revisions   -   $(4,656)  $4,656   $-   $(745,048)  $-   $(745,048)
- As revised   -   $-   $-   $-   $-   $-   $- 
Shares issued for previously committed issued to employee                                   
- As previously reported   -   $50   $(50)  $-   $-   $-   $- 
- Revisions   -   $(50)  $50   $-   $-   $-   $- 
- As revised   -   $-   $-   $-   $-   $-   $- 
Shares to be issued for private placement                                   
- As previously reported   183,333   $-   $183   $-   $-   $24,817   $25,000 
- Revisions   (183,333)  $-   $(183)  $-   $-   $(24,817)  $(25,000)
- As revised   -   $-   $-   $-   $-   $-   $- 
Share based compensation to employee                                   
- As previously reported   -   $-   $-   $-   $-   $-   $

-

 
- Revisions   -   $-   $-   $-   $-   $

92,331

   $

92,331

 
- As revised   -   $-   $-   $-   $-   $92,331   $92,331 
Balance as of March 31, 2025                                   
- As previously reported   1,253,169,780   $1,252,986   $183   $(375)  $-   $53,776,212   $37,942,163 
- Revisions   -   $183   $(183)  $375   $-   $(126,375)  $(126,000)
- As revised   1,253,169,780   $1,253,169   $-   $-   $-   $53,649,837   $37,816,163 

Consolidated statements of changes in stockholders’ equity line item

 

   No. of shares   Amount   issued   cancelled   capital   Total 
   Common stock   Common stock to be    Common stock to be   

Additional

paid-in

     
   No. of shares   Amount   issued   cancelled   capital   Total 
Shares issued for private placement                              
- As previously reported   22,662,899   $22,663   $-   $-   $2,128,544   $2,151,207 
- Revisions   21,988,333   $21,988   $-   $-   $2,145,012   $46,818,232 
- As revised   44,651,232   $44,651   $-   $-   $4,273,556   $48,969,439 
Shares to be issued for private placement                              
- As previously reported   21,988,335   $-   $21,988   $-   $2,145,012   $2,167,000 
- Revisions   (21,988,335)  $-   $(21,988)  $-   $(2,145,012)  $(2,167,000)
- As revised   -   $-   $-   $-   $-   $- 
Common stock subject to forfeiture                              
- As previously reported   -   $-   $-   $(1,175)  $(175,105)  $(176,280)
- Revisions   -   $-   $-   $1,175   $175,105   $176,280 
- As revised   -   $-   $-   $-   $-   $- 
Shares cancelled                              
                               
- As previously reported   (800,000)  $800   $-   $800   $-   $- 
- Revisions   295,076   $295   $-   $(800)  $(175,480)  $(175,985)
- As revised   (504,924)  $(505)  $-   $-   $(175,480)  $(175,985)
Shares to be issued to service providers                              
- As previously reported   397,108   $-   $397   $-   $138,794   $139,191 
- Revisions   (397,108)  $-   $(397)  $-   $(138,794)  $(139,191)
- As revised   -   $-   $-   $-   $-   $- 
Shares to be issued to employee                              
- As previously reported   501,580   $-   $502   $-   $135,177   $135,679 
- Revisions   (501,580)  $-   $(502)  $-   $(135,177)  $(135,679)
- As revised   -   $-   $-   $-   $-   $- 
Reissued shares previously cancelled to service providers                              
- As previously reported   295,076   $295   $-   $-   $-   $295 
- Revisions   (295,076)  $(295)  $-   $-   $-   $(295)
- As revised   -   $-   $-   $-   $-   $- 
Balance as of June 30, 2024                              
- As previously reported   1,222,245,276   $1,199,358   $22,887   $(375)  $49,921,380   $37,591,140 
- Revisions   (898,690)  $21,988   $(22,887)  $375   $(274,346)  $(274,870)
- As revised   1,221,346,586   $1,221,346   $-   $-   $49,647,034   $37,316,270 
SCHEDULE OF CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS
Consolidated statements of cash flows line item  As previously reported   Revisions   As revised 
             
Stock-based compensation-nonemployee  $1,002,807   $(5,339)  $997,468 
Stock-based compensation-employee  $288,673   $5,339   $294,012 
Operating lease expense  $5,368   $21,846   $27,214 
Repayment of operating lease liabilities  $-   $(27,214)  $(27,214)
Total cash flows from operating activities  $(2,585,890)  $(5,368)  $(2,591,258)
                
Lease interest paid  $(5,368)  $5,368   $- 
Total cash flows from financing activities  $325,052   $(5,368)  $330,420 
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION:               
Cash paid for interest  $-   $16,247   $16,247 
SUPPLEMENTAL NONCASH DISCLOSURE:               
Share issuance for employee compensation  $-   $294,011   $294,011 
Promissory note to related party settled by Company’s  common stock  $-   $675,888   $675,888 

 

The revisions of the consolidated statements of cash flows includes the correction of classification errors related to certain lease-related cash flows, which were previously misclassified between operating and financing activities. These amounts have been reclassified in accordance with the appropriate guidance under ASC 842, Leases. This correction did not impact the total net change in cash for the period.

 

Consolidated statements of cash flows line item  As previously reported   Revisions   As revised 
             
Operating lease expense  $45,926   $(17,686)  $28,240 
Repayment of operating lease liabilities  $-   $(28,240)  $(28,240)
Total cash flows from operating activities  $(2,042,064)  $(45,926)  $(2,087,990)
                
Lease interest paid  $(45,926)  $45,926   $- 
Total cash flows from financing activities  $4,081,720   $45,926   $4,127,646 
SCHEDULE OF CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS

During the preparation of the condensed consolidated financial statements for the nine-months ended March 31, 2026, management restated the weighted average number of shares (basic and diluted) for the three-months ended March 31, 2025.

 

Consolidated statements of operations   As previously reported     Revisions     As revised  
                   
Weighted average common stock outstanding                        
- Basic and diluted     1,238,271,472       12,553,853       1,250,825,325