v3.26.3
Combined Statements of Cash Flows - USD ($)
12 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2024
Cash flows from operating activities      
Net loss for the year $ 3,424,000 $ (5,369,000) $ (743,000)
Adjustments to reconcile net loss to net cash provided by operating activities      
Depreciation 62,000 3,000 51,000
Amortization of right-of-use asset 14,000 495,000 963,000
Expected credit loss 0 0 49,000
Share-based compensation expenses 795,000 236,000 102,000
Loss on digital assets 18,000 0 0
Loss on early termination of right-of-use asset 0 273,000 0
Gain on disposal of subsidiaries 0 (138,000) 0
Asset impairment loss 0 0 2,158,000
Changes in deferred taxes 0 0 (324,000)
Changes in operating assets and liabilities      
Increase (Decrease) in Accounts Receivable (2) 0 0
Deposits, prepayments and other current assets 69,000 (397,000) (45,000)
Digital assets (89,000) 0 0
Inventories (34,000) 0 0
Increase (Decrease) in Accounts Payable, Trade 15 0 0
Commission payable 0 (482,000) (56,000)
Income tax payable 0 (102,000) 36,000
Lease liability (12,000) (525,000) (1,024,000)
Other payables and accrued liabilities 50,000 (275,000) 18,000
Due to related parties 0 (201,000) 1,379,000
Net cash provided by/ (used in) operating activities 4,314,000 (6,482,000) 2,564,000
Cash flows from investing activities      
Placement of short term investments (13,240,000) (8,791,000) 0
Proceeds from disposal and maturity of short-term investments 12,903,000 0 0
Purchase of property and equipment (464,000) (2,000) 0
Net cash inflow from disposal of subsidiaries 0 33,000 0
Net cash used in investing activities (801,000) (8,760,000) 0
Cash flows from financing activity      
Proceeds from issuance of ordinary shares 0 1,008,000 0
Net cash financing activity 0 1,008,000 0
Net increase/(decrease) in cash, cash equivalents 3,513,000 (14,234,000) 2,564,000
Cash and cash equivalents at beginning of the year 950,000 15,184,000 12,620,000
Cash and cash equivalents at end of the year 4,463,000 950,000 15,184,000
Supplemental disclosure of cash flow information:      
Income taxes paid 0 479,000 192,000
Supplemental disclosure of non-cash flow information:      
Waiver of loan for capital contribution $ 0 $ 11,294,000 $ 0