CONVERTIBLE DEBT (Details Narrative) - USD ($) |
2 Months Ended | 3 Months Ended | 6 Months Ended | ||
|---|---|---|---|---|---|
Nov. 30, 2023 |
Jun. 30, 2026 |
Jun. 30, 2025 |
Jun. 30, 2026 |
Jun. 30, 2025 |
|
| Amortization of deferred financing costs | $ 18,323 | $ 18,023 | $ 36,646 | $ 34,294 | |
| Long-term liability | 3,135,000 | $ 3,135,000 | |||
| Proceeds from convertible promissory notes | $ 2,600,000 | ||||
| Interest rate | 12.00% | ||||
| Cash interest payable | $ 3,135,000 | ||||
| Payable equal monthly installments | $ 376,200 | ||||
| Convertible promissory notes to purchase | 693,334 | ||||
| Interest expense | 94,050 | 88,225 | $ 188,100 | 169,075 | |
| Exercise price | $ 3.75 | ||||
| 2023 Notes [Member] | |||||
| Convertible note description | The 2023 Notes mature and are due on the fifth anniversary of the issuance date in October and November of 2028. The 2023 Notes bear simple interest at a rate of 12% per annum, payable in equal monthly installments. The 2023 Notes are convertible into shares of our Common Stock at the option of the holder at a fixed conversion price of $3.75 per share. In addition, we may require the Investors to convert the 2023 Notes at the $3.75 per share conversion price at any time after 90 days from the issue date if the Common Stock has a closing bid price of $4.65 per share or higher on any twenty (20) trading days within a thirty (30) day consecutive trading period, or if a “fundamental change” occurs (as defined in the 2023 SPA). For the avoidance of doubt, $4.65 is the stock price threshold that triggers the Company’s mandatory conversion right and is not itself a conversion price; the notes always convert at $3.75 per share | ||||
| Interest expense | $ 78,000 | 16,050 | $ 156,000 | 32,100 | |
| 2025 Notes [Member] | |||||
| Convertible note description | The 2025 Notes mature and are due on the fifth anniversary of the respective issuance dates in 2030. The 2025 Notes bear simple interest at a rate of 12% per annum, payable in equal monthly installments. The 2025 Notes are convertible into shares of our Common Stock at the option of the holder at a fixed conversion price of $3.75 per share. In addition, we may require the Investors to convert the 2025 Notes at the $3.75 per share conversion price at any time after 90 days from the issue date if the Common Stock has a closing bid price of $4.65 per share or higher on any twenty (20) trading days within a thirty (30) day consecutive trading period, or if a “fundamental change” occurs (as defined in the 2025 SPA). For the avoidance of doubt, $4.65 is the stock price threshold that triggers the Company’s mandatory conversion right and is not itself a conversion price; the notes always convert at $3.75 per share | ||||
| Interest rate | 12.00% | ||||
| Convertible promissory notes conversion price | $ 3.75 | ||||
| Convertible Notes principal amount | $ 3,000,000 | ||||
| Convertible promissory notes to purchase | 142,667 | ||||
| Convertible promissory notes principal amount | $ 535,000 | ||||
| Interest expense | $ 10,225 | $ 13,075 | |||
| Convertible notes available for issuance | $ 2,465,000 | ||||