v3.26.1
STATEMENTS OF CASH FLOWS - USD ($)
12 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Cash flows from operating activities:    
Net loss $ (572,893) $ (523,327)
Adjustments to reconcile net loss to net cash used in operating activities:    
Common stock issued for services 144,000 50,000
Expenses and payables paid directly – related party 78,368 0
Adjustment to carrying amount of equity method investment 4,815 0
Gain on extinguishment of Eagle Debt (375,751) 0
Accretion of discount on convertible note payable – related party 82,534 (0)
Gain on partial sale of investment (3,022) 0
Change in operating assets and liabilities:    
Prepaid expense (116,427) (100)
Accounts payable and accrued liabilities 221,206 51,575
Accounts payable and accrued liabilities - related party 0 (762)
Accrued interest - related party 206,540 252,659
Net cash used in operating activities (330,630) (169,955)
Cash flows from investing activities:    
Proceeds from the partial sale of equity method investment in Rift Cyber LLC 13,222 0
Additional investment in Rift Cyber LLC 0 (54,815)
Net cash provided (used) by investing activities 13,222 (54,815)
Cash flows from financing activities:    
Proceeds from related-party note and advances 47,463 225,272
Payment on settlement of Eagle obligation (44,000) 0
Proceeds from the issuance of Series A Convertible Preferred Stock 200,000 0
Proceeds from the sale of common stock purchase warrant 2,218,786 0
Net cash provided by financing activities 2,422,249 225,272
Net change in cash 2,104,841 502
Cash beginning of period 502 0
Cash end of period 2,105,343 502
Non-cash operating activities:    
Cash paid for interest 0 0
Cash paid for taxes 0 0
Interest accrued and unpaid on related party promissory note 206,540 252,658
Company expenses and payables paid directly by a related party 78,368 0
Common stock issued for compensation 0 50,000
Non-cash financing activities:    
Related party forgiveness of accrued interest credited to additional paid-in capital 68,595 0
Extinguishment of related party note payable credit to additional paid-in capital 1,388,324 0
Conversion of convertible note payable into common stock 1,461,966 0
Mandatory conversion of Series A Preferred to common stock 200,000 0
Common stock issued for settlement of accounts payable - related party 110,000 0
Common stock issued for settlement of related party payable 27,463 0
Common stock issued for settlement of the Eagle obligation 22,500 0
Common stock to be issued for services $ 144,000 $ 0