v3.26.3
INCOME TAXES (Table)
12 Months Ended
Jun. 30, 2026
INCOME TAXES  
Schedule of net deferred tax asset

 

 

2027 through 2031

 

 

2032 through 2036

 

 

2037 through 2041

 

 

2042 through 2050

 

 

Not subject to expiration

 

 

Valuation allowance

 

United States income tax loss carry forwards

 

 

38,809

 

 

 

18,972,602

 

 

 

-

 

 

 

-

 

 

 

353,345

 

 

 

-

 

United States deferred income tax assets for income tax loss carry forwards

 

 

8,149

 

 

 

3,984,247

 

 

 

-

 

 

 

-

 

 

 

62,836

 

 

 

(4,055,232)

Foreign income tax loss carry forwards

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

Foreign deferred income tax assets for income tax loss carry forwards

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

Schedule of Effective Income Tax Rate Reconciliation

 

 

2026

 

 

 

Amount

 

 

Percent

 

Income taxes at the applicable statutory rate

 

$-

 

 

 

21.0%

 

 

 

 

 

 

 

 

 

Other items - net

 

$-

 

 

 

0%

 

 

 

 

 

 

 

 

 

Effective income tax expense rate

 

$-

 

 

 

0.0%

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

2025

 

 

 

 

 

Income taxes at the applicable statutory rate

 

 

21.0%

 

 

 

 

 

 

 

 

 

 

 

 

 

Other items - net

 

 

0.0%

 

 

 

 

 

 

 

 

 

 

 

 

 

Effective income tax expense rate

 

 

21.0%