v3.26.3
Stock Options and Warrants (Tables)
12 Months Ended
Jun. 30, 2026
Stock Options and Warrants [Abstract]  
Schedule of Stock Option Transactions

Transactions involving our options are summarized as follows:

 

Year Ended June 30, 2026

 

                Weighted  
                Average  
          Weighted     Grant-Date  
    Number of     Average     Per Share  
    Options     Exercise Price     Fair Value  
Options outstanding at June 30, 2025     435,894,499     $ 0.013     $ 0.012  
Granted     45,000,000     $ 0.022     $ 0.014  
Canceled/Expired     (3,000,000 )   $ 0.016     $ 0.013  
Exercised     -     $ 0.000     $ 0.000  
Options outstanding at June 30, 2026     477,894,499     $ 0.014     $ 0.012  

 

Year Ended June 30, 2025

 

                Weighted  
                Average  
          Weighted     Grant-Date  
    Number of     Average     Per Share  
    Options     Exercise Price     Fair Value  
Options outstanding at June 30, 2024     266,894,499     $ 0.011     $ 0.011  
Granted     275,000,000     $ 0.017     $ 0.013  
Canceled/Expired     (102,666,667 )   $ 0.016     $ 0.013  
Exercised     (3,333,333 )   $ 0.016     $ 0.013  
Options outstanding at June 30, 2025     435,894,499     $ 0.013     $ 0.012  
Schedule of Options and Warrants Outstanding

Details of our options outstanding as of June 30, 2026, is as follows:

 

Options Exercisable     Weighted Average
Exercise Price of Options
Exercisable
    Weighted Average
Contractual Life of Options
Exercisable (Years)
    Weighted Average
Contractual Life of Options
Outstanding (Years)
 
  342,894,499       0.012       3.87       3.95  

  

Details of our options outstanding as of June 30, 2025, is as follows:

 

Options Exercisable     Weighted Average
Exercise Price of Options
Exercisable
    Weighted Average
Contractual Life of Options
Exercisable (Years)
    Weighted Average
Contractual Life of Options
Outstanding (Years)
 
  259,894,499       0.011       1.31       3.87  

 

Details of our warrants outstanding as of June 30, 2025, is as follows:

 

Warrants Exercisable     Weighted Average Contractual Life of Warrants
Outstanding and Exercisable (Years)
 
  78,095,239       0.67  
Schedule of Grant Date Fair Value of the Stock Options

During the year ended June 30, 2026, the significant assumptions used in the calculation of grant date fair value of the stock options are as follows:

 

Risk free interest rate     3.84 %
Expected volatility     96 %
Stock price per share   $ 0.0228  
Expected term [1]     2.75 years  

 

[1] When determining the expected term for options issued, the Company used the simplified method.
Schedule of Warrant Transactions

Transactions involving our warrants are summarized as follows:

 

Year Ended June 30, 2026

 

          Weighted  
    Number of     Average  
    Warrants     Exercise Price  
Warrants outstanding at June 30, 2025     78,095,239     $ 0.121  
Issued     -     $ -  
Canceled/Expired     (78,095,239 )   $ 0.121  
Exercised     -     $ -  
Warrants outstanding at June 30, 2026     -     $ -  

 

Year Ended June 30, 2025

 

          Weighted  
    Number of     Average  
    Warrants     Exercise Price  
Warrants outstanding at June 30, 2024     78,095,239     $ 0.121  
Issued     -     $ -  
Canceled/Expired     -     $ -  
Exercised     -     $ -  
Warrants outstanding at June 30, 2025     78,095,239     $ 0.121