v3.26.3
Summary of Significant Accounting Policies (Tables)
 12 Months Ended
Jun. 30, 2026
Summary of Significant Accounting Policies [Abstract]  
Schedule of Cash and Cash Equivalents

The following table provides detail of our cash and cash equivalents.

 

    June 30,
2026		    

June 30,
2025

  
Cash   $ 3,695,876     $ 27,993,513  
U.S. Treasury bills     8,435,028       6,635,112  
Total cash and cash equivalents   $ 12,130,904     $ 34,628,625  
Schedule of Property and Equipment Depreciated Using Straight Line Over Estimated Useful Lives

Property and equipment are stated at cost and are depreciated using straight line over their estimated useful lives.

 

Computers and peripheral equipment   5 Years
Vehicle   5 Years
Schedule of Intangible Assets that have Finite Useful Lives Intangible assets that have finite useful lives continue to be amortized over their useful lives.
    Useful Lives   June 30,
2026		     June 30,
2025		  
                 
Trademark-gross   10 years   $ 1,142     $ 1,142  
Less accumulated amortization         (1,056 )     (942 )
Trademark-net       $ 86     $ 200  
                     
Patents-gross   15 years   $ 101,143     $ 101,143  
Less accumulated amortization         (56,038 )     (49,474 )
Patents-net       $ 45,105     $ 51,669  
                     
Total intangible assets       $ 45,191     $ 51,869  
Schedule of Future Amortization Expense

Future Amortization Expense

 

Year   Amount  
2027   $ 6,650  
2028     6,565  
2029     6,565  
2030     6,565  
2031     6,564  
Thereafter     12,282  
    $ 45,191  
Schedule of Assets and Liabilities Measured at Fair Value on a Recurring Basis

We measure certain financial instruments at fair value on a recurring basis. Assets and liabilities measured at fair value on a recurring basis are as follows:

 

June 30, 2026

 

    Total     (Level 1)     (Level 2)     (Level 3)  
Assets:                        
Short-term investments   $ 19,929,164     $ 19,929,164     $   -     $   -  
    $ 19,929,164     $ 19,929,164     $ -     $ -  

 

June 30, 2025

 

    Total     (Level 1)     (Level 2)     (Level 3)  
Assets:                        
Equity securities, related party (see Note 7)   $ 2,997,460     $ 2,997,460     $   -     $   -  
    $ 2,997,460     $ 2,997,460     $ -     $ -