Organization and Description of Business	12 Months Ended
Jun. 30, 2026
Organization and Description of Business [Abstract]
Organization and Description of Business	Note 1 – Organization and Description of Business FreeCast, Inc. (the “Company”) developed and markets an interactive digital media guide that facilitates access to a virtual library of entertainment media. The Company is based in Orlando, Florida and was founded in 2011 as a Florida Corporation. The Company’s primary products are SmartGuide and Select TV. Both SmartGuide and Select TV utilize the Company-designed proprietary technology that searches, and aggregates internet distributed streaming media into an electronic media guide. SmartGuide is licensable to brands/manufacturers of devices with large online user bases, while Select TV is a retail package that is sold by monthly and/or annual subscriptions. In addition to subscription and product revenues, the Company generates revenue from its ad platform and agency services. FreeCast is a technology-driven streaming entertainment aggregator offering a unified, à la carte service for TV entertainment through a comprehensive Platform-as-a-Service (PaaS) model. The Company also earns revenue from direct client service contracts for marketing and campaign execution, such as the Launch That agreement, which involves discovery, development, and test media distribution services. These ad-related and agency revenues are recognized as distinct revenue streams in accordance with Accounting Standards Codification (ASC) Topic 606, Revenue from Contracts with Customers (“ASC 606”). Additionally, we provide Free Ad-Supported Streaming TV (“FAST”) channel buildouts which include post-production editing, motion graphic channel assembly and content acquisitions. We have aggregated over 500 FAST channels, which now provide material operations to the Company. We charge the customers based on time incurred for the services plus a reasonable margin in addition to any additional out of pocket cost incurred that is charged at cost to us. In addition, we split the advertising revenue. Revenue is recognized when services are performed. We charge a monthly platform fee for distributing the FAST channel on its platform. Revenue is recognized at the point in time when the content is available on the digital platform. Liquidity and Capital Resources The Company has incurred recurring losses from operations since inception, accumulating a deficit of approximately $220 million as of June 30, 2026. For the years ended June 30, 2026, and 2025, the Company incurred a net loss of approximately $13.0 million and $14.1 million, respectively. The Company may continue to incur losses and negative cash flows from operations as it executes its growth strategy and expands its business operations. Since the inception of the Company in 2011, the operations of the Company have been funded primarily through sales of Class A common stock to private investors, debt financing and exchange of Class A common stock for services received by the Company. Management plans to continue raising additional capital through the sale of equity and debt securities, along with exploring additional avenues to increase revenues. To the extent that the Company raises additional funds by issuing equity securities, the Company’s shareholders may experience significant dilution. Any debt financing, if available, may involve restrictive covenants that impact the Company’s ability to conduct business. On July 2, 2026, the Company entered into a Securities Purchase Agreement with a group of accredited investors pursuant to a private placement financing. Prior to entering into the agreements, the Company received approximately $8.0 million of net proceeds during fiscal 2026, which were recorded as common stock subscriptions as of June 30, 2026. The private placement generated aggregate gross proceeds of approximately $23.7 million and net proceeds of approximately $22.3 million after placement agent commissions and offering costs. Management believes the net proceeds from the financing provide sufficient liquidity to fund the Company’s planned operations, working capital requirements, and capital expenditure needs for at least the twelve-month period following the issuance of these financial statements. Accordingly, the accompanying consolidated financial statements have been prepared on a going concern basis. While the Company has incurred recurring operating losses and negative cash flows from operations, management concluded that the July 2026 financing and related liquidity available to the Company alleviate any substantial doubt regarding the Company’s ability to continue as a going concern for at least one year from the date these financial statements are issued.

Organization and Description of Business

12 Months Ended

Jun. 30, 2026

Organization and Description of Business [Abstract]

Organization and Description of Business

Note 1 – Organization and Description of Business

FreeCast, Inc. (the “Company”) developed and markets an interactive digital media guide that facilitates access to a virtual library of entertainment media. The Company is based in Orlando, Florida and was founded in 2011 as a Florida Corporation. The Company’s primary products are SmartGuide and Select TV. Both SmartGuide and Select TV utilize the Company-designed proprietary technology that searches, and aggregates internet distributed streaming media into an electronic media guide. SmartGuide is licensable to brands/manufacturers of devices with large online user bases, while Select TV is a retail package that is sold by monthly and/or annual subscriptions.

In addition to subscription and product revenues, the Company generates revenue from its ad platform and agency services. FreeCast is a technology-driven streaming entertainment aggregator offering a unified, à la carte service for TV entertainment through a comprehensive Platform-as-a-Service (PaaS) model. The Company also earns revenue from direct client service contracts for marketing and campaign execution, such as the Launch That agreement, which involves discovery, development, and test media distribution services. These ad-related and agency revenues are recognized as distinct revenue streams in accordance with Accounting Standards Codification (ASC) Topic 606, Revenue from Contracts with Customers (“ASC 606”).

Additionally, we provide Free Ad-Supported Streaming TV (“FAST”) channel buildouts which include post-production editing, motion graphic channel assembly and content acquisitions. We have aggregated over 500 FAST channels, which now provide material operations to the Company. We charge the customers based on time incurred for the services plus a reasonable margin in addition to any additional out of pocket cost incurred that is charged at cost to us. In addition, we split the advertising revenue. Revenue is recognized when services are performed. We charge a monthly platform fee for distributing the FAST channel on its platform. Revenue is recognized at the point in time when the content is available on the digital platform.

Liquidity and Capital Resources

The Company has incurred recurring losses from operations since inception, accumulating a deficit of approximately $220 million as of June 30, 2026. For the years ended June 30, 2026, and 2025, the Company incurred a net loss of approximately $13.0 million and $14.1 million, respectively. The Company may continue to incur losses and negative cash flows from operations as it executes its growth strategy and expands its business operations.

Since the inception of the Company in 2011, the operations of the Company have been funded primarily through sales of Class A common stock to private investors, debt financing and exchange of Class A common stock for services received by the Company. Management plans to continue raising additional capital through the sale of equity and debt securities, along with exploring additional avenues to increase revenues. To the extent that the Company raises additional funds by issuing equity securities, the Company’s shareholders may experience significant dilution. Any debt financing, if available, may involve restrictive covenants that impact the Company’s ability to conduct business.

On July 2, 2026, the Company entered into a Securities Purchase Agreement with a group of accredited investors pursuant to a private placement financing. Prior to entering into the agreements, the Company received approximately $8.0 million of net proceeds during fiscal 2026, which were recorded as common stock subscriptions as of June 30, 2026. The private placement generated aggregate gross proceeds of approximately $23.7 million and net proceeds of approximately $22.3 million after placement agent commissions and offering costs. Management believes the net proceeds from the financing provide sufficient liquidity to fund the Company’s planned operations, working capital requirements, and capital expenditure needs for at least the twelve-month period following the issuance of these financial statements. Accordingly, the accompanying consolidated financial statements have been prepared on a going concern basis.

While the Company has incurred recurring operating losses and negative cash flows from operations, management concluded that the July 2026 financing and related liquidity available to the Company alleviate any substantial doubt regarding the Company’s ability to continue as a going concern for at least one year from the date these financial statements are issued.