v3.26.3
Consolidated Statements of Operations and Comprehensive Income (Loss) - USD ($)
12 Months Ended
Jun. 30, 2026
Jun. 30, 2025
REVENUE    
Revenue
OPERATING EXPENSES    
Administration expenses 670,607 108,950
Compensation and related taxes 2,275,937 23,296,390
Professional and consulting expenses 14,572,616 33,622,510
Occupancy expenses - related party 40,932 26,560
Research and development 625,477 223,721
TOTAL OPERATING EXPENSES 18,185,569 57,278,131
LOSS FROM OPERATIONS (18,185,569) (57,278,131)
OTHER INCOME (EXPENSE)    
Interest expense (430,539) (563,757)
Interest income 161 9
Derivative expense (333,596)
Change in fair value of derivative liabilities 13,709 212,450
Change in fair value of warrant liability (99,695)
Other expense (6,000)
Settlement expense (320,000)
Gain (loss) on extinguishment of debt, net 133,071 (871,032)
Foreign currency transaction gain (loss) 32,152 (89,243)
TOTAL OTHER INCOME (EXPENSE), NET (677,141) (1,645,169)
LOSS BEFORE TAXES (18,862,710) (58,923,300)
Tax benefit
NET LOSS (18,862,710) (58,923,300)
Deemed Dividend (932,246)
NET LOSS AVAILABLE TO COMMON STOCKHOLDERS $ (19,794,956) $ (58,923,300)
BASIC NET LOSS PER SHARE $ (17.62) $ (371.22)
DILUTED NET LOSS PER SHARE $ (17.62) $ (371.22)
BASIC WEIGHTED AVERAGE SHARES OUTSTANDING 1,123,709 158,727
DILUTED WEIGHTED AVERAGE SHARES OUTSTANDING 1,123,709 158,727
OTHER COMPREHENSIVE INCOME (LOSS)    
Unrealized foreign currency translation gain (loss) $ (142,662) $ 49,336
TOTAL OTHER COMPREHENSIVE INCOME (LOSS) (142,662) 49,336
TOTAL COMPREHENSIVE LOSS $ (19,937,618) $ (58,873,964)