v3.26.3
CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
 12 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Revenue:    
Commissions $ 437,857 $ 576,931
Online sales, net 0 17,837
Rental income 90,000 0
Total revenue 527,857 594,768
Costs and expenses:    
Cost of revenues - online products 0 8,094
Cost of revenues - rent 31,025 0
General and administrative 1,660,340 2,619,322
Depreciation and amortization 34,021 31,907
Realized (gain) loss on sale/purchase of digital assets 0 23,894
Impairment expense 38,966 752,125
Total operating expenses 1,764,352 3,435,342
Income (loss) from operations (1,236,495) (2,840,574)
Other income (expense):    
Other income 10,770 0
Interest expense (52,329) (52,239)
Loss on settlement of payables 0 (56,887)
Loss on exchange of Series C & D preferred shares (241,918) 0
Total other income (expense) (283,477) (109,126)
Income (loss) from continued operations before income taxes (1,519,972) (2,949,700)
Provision for income taxes 0 0
Net income (loss) from continued operations (1,519,972) (2,949,700)
Net income (loss) from discontinued operations (72,939) (829,557)
Net income (loss) (1,592,911) (3,779,257)
Net income (loss) attributable to noncontrolling interest (3,446) (172,112)
Net income (loss) attributable to MedWellAI, Inc. $ (1,589,465) $ (3,607,145)
Continuing operations:    
Net income (loss) per common share attributable to shareholders, basic $ (0.24) $ (0.49)
Net income (loss) per common share attributable to shareholders, diluted $ (0.24) $ (0.49)
Weighted average number of common shares outstanding, basic 6,293,840 5,705,232
Weighted average number of common shares outstanding, diluted 6,293,840 5,705,232
Discontinuing operations:    
Net income (loss) per common share attributable to shareholders, basic $ (0.01) $ (0.15)
Net income (loss) per common share attributable to shareholders, diluted $ (0.01) $ (0.15)
Weighted average number of common shares outstanding, basic 6,293,840 5,705,232
Weighted average number of common shares outstanding, diluted 6,293,840 5,705,232