v3.26.3
Consolidated Balance Sheets - USD ($)
Jun. 30, 2026
Jun. 30, 2025
ASSETS    
Cash and cash equivalents $ 15,422,176 $ 7,533,690
Cash segregated - customers 24,041,343 21,874,954
Cash segregated - PAB 378,962 200,575
Receivables - broker-dealers and clearing organizations 3,858,093 4,179,625
Receivables - customers, net of allowance for credit losses of $401,128 854,929 320,815
Other receivables 41,646 251,099
Prepaids 416,825 573,175
Trading securities, market value, net 5
Total Current Assets 45,013,974 34,933,938
Operating lease right to use lease asset 668,325 179,267
Customer list, net 11,713,356 12,932,106
Goodwill 6,142,525 6,142,525
Developed technology, net 1,592,277 1,785,104
Bank acquisition deposit 128,645 63,645
Cash deposits - broker-dealers and clearing organizations 5,012,500 4,265,000
Other assets 957,081 591,248
TOTAL ASSETS 71,228,683 60,892,833
LIABILITIES    
Payables to customers 23,555,303 23,935,348
Accounts and payables to officers/directors 47,300 199,088
Accounts payable and accrued expenses 3,862,149 6,194,311
Payables - broker-dealers and clearing organizations 40 497,660
Commissions, payroll and payroll taxes 923,840 395,214
Current portion of lease liability 301,622 111,983
Promissory notes 430,484 1,207,797
Current portion of long-term merger financing, net 980,106
Derivative liability - convertible notes 103,185
Merger financing payable 1,618,575
Tau agreement 539,787
Debenture 515,661
Subscription agreement 2,489,945
Excise tax payable 2,611,618
Total Current Liabilities 29,943,860 41,003,400
Accrued contingent liability 100,000 100,000
Long-term secured convertible note, net 11,210,358 8,909,070
Long-term convertible notes, net 718,866
Warrant Liability 3,013,367
Derivative liability - warrants 184,588 123,062
Earnout - liability 263,000 11,369,000
Deferred income tax liability 3,063,850 3,366,137
Subordinated borrowings 1,930,000 1,930,000
Trading account deposit 100,000
Long-term lease liability 379,387 70,746
TOTAL LIABILITIES 50,088,410 67,690,281
Commitments and Contingencies (Note 11)
STOCKHOLDERS’ EQUITY (DEFICIT)    
Preferred stock, $0.0001 par value; 25,000,000 shares authorized; none issued or outstanding at June 30, 2026 and 2025
Common stock, $0.0001 par value; 500,000,000 shares authorized; 150,337,774 and 40,165,603 shares issued and outstanding at June 30, 2026 and 2025, respectively 15,033 4,016
Stock subscription receivable (41,089) (41,089)
Additional paid-in-capital 159,115,656 135,763,445
Accumulated Deficit (137,949,327) (142,523,820)
TOTAL STOCKHOLDERS’ EQUITY (DEFICIT) 21,140,273 (6,797,448)
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY (DEFICIT) 71,228,683 60,892,833
Related Party [Member]    
LIABILITIES    
Stock payable- related party 55,087 55,087
Merger Financing [Member]    
LIABILITIES    
Debenture – derivative 63,696
Debenture [Member]    
LIABILITIES    
Debenture – derivative $ 252,374