v3.26.3
Income Taxes (Tables)
12 Months Ended
Jun. 30, 2026
Income Taxes  
Schedule of provision for income taxes

 

 

Year ended June 30, 2026

 

 

Year ended June 30, 2025

 

 

 

Amount

 

 

%

 

 

Amount

 

 

%

 

Loss before income taxes

 

 

(71,064)

 

 

 

 

 

(20,118)

 

 

 

Income tax benefit at U.S. federal statutory rate

 

 

(14,923)

 

 

21.0%

 

 

(4,225)

 

 

21.0%

Change in valuation allowance

 

 

14,923

 

 

(21.0

)%

 

 

4,225

 

 

(21.0

)%

Income tax expense / effective tax rate

 

 

-

 

 

 

0.0%

 

 

-

 

 

 

0.0%
Schedule of deferred income tax assets

 

 

June 30, 2026

 

 

June 30, 2025

 

Net operating loss carryforwards

 

 

64,192

 

 

 

47,869

 

Intangible asset – excess of tax basis over carrying amount

 

 

16,217

 

 

 

17,617

 

Gross deferred tax asset

 

 

80,409

 

 

 

65,486

 

Valuation allowance

 

 

(80,409)

 

 

(65,486)

Net deferred tax asset

 

 

-

 

 

 

-