v3.26.3
Consolidated Statements of Cash Flows - USD ($)
 12 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Operating activities    
Net loss $ (84,654,946) $ (8,115,878)
Less: net loss - discontinued operations (3,784) (179,694)
Net loss - continuing operations (84,651,162) (7,936,184)
Adjustments to reconcile net loss to net cash used in operating activities    
Depreciation and amortization 3,194,106 45,552
Amortization of right-of-use asset 348,502
Loss on debt extinguishment 113,955
Loss on settlement of pre-existing assets 1,490,803
Derivative expense 1,438,825 653,792
Change in fair value of derivative liabilities (1,007,680) 190,102
Gain on debt extinguishment - derivative liabilities (500,678)
Amortization of debt discount 3,279,129 332,021
Bad debt expense 58,769 201,859
Stock issued for services 366,720 98,195
Stock issued for intellectual property 253,400
Vesting of Series C - preferred stock - issued as compensation 2,003,110 1,521,840
Recognition of stock based compensation - stock options 439,608
Interest expense incurred in connection with increase in debt principal 48,805 73,750
Impairment of goodwill 63,886,000 897,542
Recognition of commitment fee expense 258,723
Increase (decrease) in    
Accounts receivable (172,440) (66,141)
Inventory 54,844 (67,288)
Prepaids and other (540,281) 123,983
Accounts payable and accrued expenses (1,076,645) 1,495,231
Accounts payable and accrued expenses - related party 3,792,037 (282,910)
Deferred revenues 50,471 45,029
Operating lease liability (80,975)
Net cash used in operating activities - continuing operations (7,946,851) (1,569,547)
Net cash used in operating activities - discontinued operations (105,001) (64,936)
Net cash used in operating activities (8,051,852) (1,634,483)
Investing activities    
Cash acquired in acquisitions 1,269,000 28,340
Acquisition of property and equipment (577,910) (200,851)
Advances to future targets - including interest receivable (429,607)
Net cash provided by (used in) investing activities 691,090 (602,118)
Financing activities    
Proceeds from common stock issued for cash 962,552
Cash paid as direct offering costs (9,571)
Proceeds from notes payable 1,547,000
Repayments on notes payable (20,254) (23,988)
Proceeds from convertible notes payable 4,053,248 959,650
Repayments on convertible notes payable (33,490)
Proceeds from line of credit - related party 3,182,000  
Repayments on mortgage notes payable (291,555)
Net cash provided by financing activities 7,876,420 2,449,172
Net increase in cash 515,658 212,571
Cash - beginning of year 350,231 137,660
Cash - end of year 865,889 350,231
Supplemental disclosure of cash flow information    
Cash paid for interest 1,117,765 32,802
Cash paid for income tax
Supplemental disclosure of non-cash investing and financing activities    
Issuance of Series C - convertible preferred stock in connection with acquisition of Rancho Mirage 42,280,080
Issuance of Series C - convertible preferred stock in connection with acquisition of Victorville 39,000,060
Contingent consideration arrangement - Series C - convertible preferred stock - Victorville 7,125,000
Contingent consideration arrangement - Series C - convertible preferred stock - Rancho Mirage 4,800,000
Forgiveness of pre-existing relationship with target acquiree 2,652,671
Net deficit of Victorville and Rancho Mirage acquisitions 2,617,000
Discounts in connection with issuance of debt and warrants - convertible notes payable 4,781,177 904,126
Right-of-use asset obtained in exchange for new operating lease liability 2,091,012
Common stock issued in connection with conversion of convertible notes payable 1,200,107 264,120
Cashless exercise of warrants 2,465
Conversion of accounts payable into convertible note payable - related party 73,927
Conversion of accounts payable into note payable - related party 10,590
Common stock issued in exchange for subscription receivable 24,700
Reclassification from accounts payable - related party to line of credit - related party 210,000
Issuance of Series C - convertible preferred stock in connection with acquisition of SWC 4,399,982
Issuance of Series C - convertible preferred stock in connection with acquisition of Skytech 528,000
Deemed dividend associated with Series B, convertible preferred stock - dilutive warrant adjustments 11,566
Net equity of SWC acquired 1,142,145
Net equity of Skytech acquired 262,150
Related Party [Member]    
Adjustments to reconcile net loss to net cash used in operating activities    
Derivative expense   197,233
Loss on settlement of accounts payable - related party 109,283
Gain on debt extinguishment - derivative liabilities   (500,678)
Financing activities    
Repayments on convertible notes payable   (33,490)
Proceeds from line of credit - related party $ 3,182,000