v3.26.1
Intangible Assets
12 Months Ended
Jun. 30, 2026
Intangible Asset, Goodwill and Other [Abstract]  
Intangible Assets

 

4. Intangible Assets

 

The Company’s intangible assets consist of intellectual property acquired from LAT Pharma, Inc. and are amortized over their estimated useful lives. The following is a summary of the intangible assets as of June 30, 2026 and 2025: 

 

        
   June 30, 2026   June 30, 2025 
         
Intellectual Property  $2,293,770   $2,293,770 
Less: Accumulated Amortization   (2,293,770)   (2,115,429)
Intellectual Property, net  $-   $178,341 

 

Amortization expense was $178,341 and $229,377 for years ended June 30, 2026 and 2025. The Company amortized its intellectual property over an expected useful life of 10 years. The asset is fully amortized, leaving no remaining balance to amortize in subsequent periods.