SOFTWARE |
6 Months Ended |
|---|---|
Dec. 31, 2025 | |
| SOFTWARE | |
| SOFTWARE | NOTE 4 — SOFTWARE
In February 2025, the Company entered into a Software Purchase Agreement with i2 Analytics, Inc. and acquired software for total consideration of $135,000, consisting of $47,500 in cash and 350,000 shares of common stock valued at $87,500. The Company concurrently entered into a Software Support Agreement with i2 Analytics, Inc. As of December 31, 2025 and June 30, 2025, the software had a carrying value of $135,000. The software had not been placed in service as of December 31, 2025, and accordingly no amortization expense has been recognized in any period presented. As of December 31, 2025, the Company continued to pursue commercialization of the software and concluded that its carrying amount was recoverable. As described in Note 10, following the acquisition of Flipside AI the Company determined during the quarter ended June 30, 2026 that it would no longer pursue commercialization of the software and recorded an impairment charge of $135,000 in that quarter. |