v3.26.3
DEFERRED COSTS AND DEFERRED REVENUE
 12 Months Ended
Jun. 30, 2026
Revenue from Contract with Customer [Abstract]  
DEFERRED COSTS AND DEFERRED REVENUE

NOTE 10. DEFERRED COSTS AND DEFERRED REVENUE

 

As of June 30, 2026 and, 2025, deferred costs totaling $0 and $42,153, respectively, consist of costs deferred under contracts not completed and recognized at a point in time. As of June 30, 2026 and 2025, deferred revenue, totaling $6,961 and $0, respectively, consists of revenue deferred under contracts not completed and recognized at a point in time.

 

The following table shows the net activity of deferred cost and deferred revenue for the years ended June 30, 2026 and 2025:

     

   2026   2025 
   As of and for the Years ended June 30, 
   2026   2025 
         
Deferred costs - beginning of period  $42,153   $104,704 
Deferred cost recognized as cost of goods sold / expense during period   (42,153)   (88,568)
Costs incurred and not yet recognized as cost of goods sold   -    26,017 
Deferred cost - end of period  $-   $42,153 
           
           
Deferred revenue - beginning of period  $-   $- 
Payments received and not yet recognized as revenue   6,961    - 
Deferred revenue - end of period  $6,961   $-