| SCHEDULE OF BASIC AND DILUTED NET INCOME (LOSS) PER SHARE OF COMMON STOCK |
The
following table reflects the calculation of basic and diluted net income (loss) per share of common stock (in dollars, except share amounts):
SCHEDULE OF BASIC AND DILUTED NET INCOME (LOSS) PER SHARE OF COMMON STOCK
| | |
June
30, 2026 | | |
June
30, 2025 | |
| | |
For
the year Ended | |
| | |
June
30, 2026 | | |
June
30, 2025 | |
| Basic and diluted net income (loss) per share
of Common Stock | |
| | |
| |
| Numerator: | |
| | |
| |
| Net income (loss) | |
$ | 1,962,875 | | |
$ | 5,750,293 | |
| Denominator: | |
| | | |
| | |
| Basic and diluted weighted average shares outstanding | |
| 125,017,197 | | |
| 5,987,645 | |
| Basic and diluted net income (loss) per share
of Common Stock | |
$ | 0.02 | | |
$ | 0.96 | |
|
| SCHEDULE OF DILUTIVE INSTRUMENTS |
Below
is a summary of the dilutive instruments as of June 30, 2026 and 2025:
SCHEDULE OF DILUTIVE INSTRUMENTS
| Description | |
June
30, 2026 | | |
June
30, 2025 | |
| Convertible Securities (if-Converted): | |
| | | |
| | |
| Sellers Notes | |
| — | | |
| 15,103,895 | |
| Convertible notes | |
| — | | |
| 5,317,252 | |
| Debenture | |
| 3,638,887 | | |
| - | |
| Secured convertible note | |
| 14,538,961 | | |
| 49,230,040 | |
| Subscription agreement | |
| — | | |
| 4,354,048 | |
| Tau agreement | |
| — | | |
| 35,282 | |
| Promissory
note | |
| — | | |
| 6,215 | |
| Total Convertible Securities
Excluded | |
| 18,177,848 | | |
| 74,046,732 | |
| | |
| | | |
| | |
| Contingently issuable shares
(Pending Stockholder Approval) | |
| | | |
| | |
| Time-Based Stock Awards | |
| 1,400,000 | | |
| — | |
| Performance-Based
(Market Condition) Stock Awards | |
| 15,852,395 | | |
| — | |
| Total
contingently issuable shares– excluded | |
| 17,252,395 | | |
| — | |
| | |
| | | |
| | |
| Out-of-the Money Warrants: | |
| | | |
| | |
| Public Warrants | |
| 10,062,500 | | |
| 10,062,500 | |
| Private Warrants | |
| 5,553,125 | | |
| 5,553,125 | |
| Secured convertible note
warrants | |
| 600,000 | | |
| 600,000 | |
| Warrant
Liability | |
| 16,253,335 | | |
| — | |
| Total
Warrants excluded | |
| 32,468,960 | | |
| 16,215,625 | |
|