v3.26.3
Note Receivable, Related Party
12 Months Ended
Jun. 30, 2026
Note Receivable, Related Party [Abstract]  
Note Receivable, Related Party

7. Note Receivable, Related Party

 

    June 30,
2026
    June 30,
2025
 
Note receivable   $ 1,000,000     $ -  
Total note receivable   $ 1,000,000     $ -  

 

On February 20, 2026, the Company entered into a loan agreement with a company to which a significant shareholder, Devlin DeFrancesco, is a paid advisor. The loan agreement is for $1,000,000 for one year, with a maturity date of February 20, 2027, paying interest monthly at an annualized rate of 15%. No principal payments have been received or are due until the maturity date. Through June 30, 2026, the Company has received $24,980 in interest payments and accrued for $12,500 at June 30, 2026.