v3.26.3
STOCKHOLDERS EQUITY (Tables)
12 Months Ended
Jun. 30, 2026
STOCKHOLDERS EQUITY  
Schedule of stock option activites

Option Activity

 

Shares

 

 

Weighted Average Exercise Price

 

 

Weighted Average Remaining Contractual Term

 

 

Aggregated Intrinsic Value

 

Outstanding at June 30, 2024

 

 

1,350,000

 

 

$0.12

 

 

3.0 years

 

 

$21,000

 

Granted

 

 

250,000

 

 

$0.08

 

 

 

-

 

 

 

-

 

Exercised

 

 

(300,000)

 

$0.03

 

 

 

-

 

 

 

(15,000)

Forfeited or expired

 

 

(100,000)

 

$0.02

 

 

 

-

 

 

 

(6,000)

Outstanding at June 30, 2025

 

 

1,200,000

 

 

$0.13

 

 

3.0 years

 

 

$0

 

Granted

 

 

0

 

 

$0.00

 

 

 

-

 

 

 

-

 

Exercised

 

 

0

 

 

$0.00

 

 

 

-

 

 

 

-

 

Forfeited or expired

 

 

(100,000)

 

$0.17

 

 

 

0

 

 

 

-

 

Options Outstanding as of June 30, 2026

 

 

1,100,000

 

 

$0.13

 

 

1.7 years

 

 

 

-

 

Options Exercisable as of June 30, 2026

 

 

812,500

 

 

$0.15

 

 

1.3 years

 

 

$0

 

Schedule of fair value assumptions related to options granted

2026

2025

Exercise Price:

 

-

 

$0.04-$0.08

Volatility:

 

-

 

195%-387 %

Risk Free Rate:

 

-

 

4.01%-4.38 %

Vesting Period:

 

-

 

4 years

Forfeiture Rate:

 

- 

 

0% 

Expected Life:

 

-

 

4.1 years

Dividend Rate:

 

-

 

0%

Schedule of weighted average stock options

 

 

Outstanding Options

 

 

Exercisable

 

Exercise Prices

 

Number of Shares

 

 

Remaining Life (Years)

 

 

Weighted Average Price

 

 

Options Number of Shares

 

 

Weighted Average Price

 

$0.04 to $0.10

 

 

450,000

 

 

 

3.0

 

 

$0.08

 

 

 

162,500

 

 

$0.08

 

$0.15 to $0.20

 

 

600,000

 

 

 

0.8

 

 

$0.16

 

 

 

600,000

 

 

$0.16

 

$0.30

 

 

50,000

 

 

 

0.1

 

 

$0.30

 

 

 

50,000

 

 

$0.30

 

Total stock options

 

 

1,100,000

 

 

 

1.5

 

 

$0.13

 

 

 

812,500

 

 

$0.15

 

Schedule of stock options compensation expense

 

 

For the Years Ended June 30,

 

 

 

2026

 

 

2025

 

 

 

(in thousands)

 

Cost of Goods Sold

 

$0

 

 

$4

 

Other Selling and Marketing

 

 

13

 

 

 

20

 

General and Administrative

 

 

15

 

 

 

13

 

Total

 

$28

 

 

$37

 

Schedule of common stock reserve for issuance

 

 

June 30, 2026

 

Shares of common stock reserved for issuance under the 2015 Stock Option Plan

 

 

1,100,000

 

Shares of common stock issuable upon conversion of the Preferred Stock

 

 

4,300,000

 

Total shares of common stock equivalents

 

 

5,400,000