v3.26.3
CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
12 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Cash Flows from Operating Activities    
Net loss $ 392,278 $ (1,646,898)
Adjustments to reconcile net income (loss) to net cash used by operating activities:    
Depreciation and amortization 2,010 1,599
Stock issued for services 260,000 442,626
Amortization of debt discount 214,196 51,006
Loss on extinguishment of debt 1,061,176 4,835
Gain on extinguishment of debt (2,810,278) 0
Amortization of right of use asset 4,280 24,869
Changes in operating assets and liabilities:    
Prepaids and deposits 8,207 3,650
Accounts payable and accrued liabilities 71,773 (53,179)
Accrued liability, related party 0 (20,000)
Shares to be issued (7,000) (68,200)
Taxes payable 15,881 0
Lease liabilities (4,279) (28,813)
Net cash used in operating activities (791,756) (1,288,505)
Cash Flows from Investing Activities    
Purchase of property and equipment (3,000) (1,762)
Net cash from investing activities (3,000) (1,762)
Cash Flows from Financing Activities    
Proceeds from convertible bridge loans 837,500 682,000
Net cash provided by financing activities 837,500 682,000
Net change in cash 42,744 (608,267)
Cash at beginning of period 44,850 653,117
Cash at end of period 87,594 44,850
Supplemental Cash Flow Information    
Cash paid for interest 0 0
Cash paid for income taxes 0 0
Non-cash investing and financing activities:    
Conversion of convertible notes payable and accrued interest 1,436,850 1,081,051
Warrants issued with convertible notes payable 358,599 35,212
Stock issued in connection with settlement agreement 300,000 0
Cashless exercise of warrants 0 15
Right of use asset 0 8,719
Stock issued for loan extension $ 1,061,176 $ 0