v3.26.3
CONSOLIDATED BALANCE SHEETS - USD ($)
Jun. 30, 2026
Jun. 30, 2025
CURRENT ASSETS:    
Cash $ 1,713,653 $ 92,700
Investment in equity securities 387,851
Prepaids and other assets 322,740 566,081
Total Current Assets 2,036,393 1,046,632
Property and equipment, net 12,015 367,843
OTHER ASSETS    
Definite life intangible assets, net 1,819,394 14,994
Software platform, net 107,896 143,000
Trademarks, net 3,090 8,000
Goodwill 5,963,000 5,963,000
Operating lease right-of-use assets 687,371
Total Other Assets 7,893,380 6,816,365
TOTAL ASSETS 9,941,788 8,230,840
CURRENT LIABILITIES:    
Accounts payable – trade 12,389,609 12,555,839
Accrued expenses 5,019,389 5,843,069
Other current liabilities 179,366 378,282
Contingent consideration liability 40,000 630,000
Convertible notes payable 0 245,000
Current portion of operating lease liabilities 293,787 313,047
Notes payable 388,335 3,580,525
Notes payable – related parties, net 600,000 5,610,372
Total Current Liabilities 18,910,486 29,156,134
NON-CURRENT LIABILITIES:    
Operating lease liabilities, net of current portion 56,248 424,547
Total Non-Current Liabilities 56,248 424,547
Total Liabilities 18,966,734 29,580,681
STOCKHOLDERS’ EQUITY (DEFICIT)    
Preferred stock, $0.0001 par value; 10,000,000 shares authorized; 8 shares designated as Series B Convertible Preferred Stock, all of which were issued and outstanding at June 30, 2026; no shares issued and outstanding at June 30, 2025 0 0
Common stock, par value $0.0001, 350,000,000 shares authorized, 4,615,503 shares issued and outstanding at June 30, 2026; 2,217,411 shares issued and outstanding at June 30, 2025 462 222
Additional paid-in capital 505,155,698 478,297,665
Accumulated deficit (514,025,049) (510,462,570)
Accumulated other comprehensive (loss) (156,057) 10,814,842
Total Stockholders’ Equity (Deficit) (9,024,946) (21,349,841)
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY (DEFICIT) $ 9,941,788 $ 8,230,840