v3.26.3
Income taxes (Tables)
 6 Months Ended
Dec. 31, 2025
Income Tax Disclosure [Abstract]  
Schedule of reconciliation of provision of income tax

A reconciliation of the effective tax rate to the statutory rate is shown below:

 

   December 31, 2025   December 31, 2024 
         
Loss before taxes  $(7,045,993)  $(1,339,691)
           
Expected income tax credit at statutory rate of 25%  $(1,761,498)  $(334,923)
Increase (decrease) in income taxes resulting from:          
Valuation allowance for deferred tax asset   75,228    345,515 
IPO related-expenses   75,000    75,000 
Interest income from note receivables   (21,301)   (31,875)
Unrealized loss (gain) on investments   1,163,620    (19,420)
Gain on change in fair value of convertible notes   (771,520)   - 
Non-tax deductible personnel expenses   27,397    13,615 
Non-tax deductible consulting fees   733,653    143,665 
Non-tax deductible general and administrative expenses   210,235    115,953 
Non-tax deductible finance costs and interest expenses   273,553    - 
Other items, net   (4,367)   32,821 
Income tax credit  $-   $340,351 
Schedule of components of deferred tax assets

The tax effects of temporary differences that gave rise to the deferred tax assets and liabilities are as follows:

 

   December 31, 2025   June 30, 2025 
Deferred tax assets:          
Accrued employee benefits  $47,399   $41,582 
Unrealized foreign exchange gain (loss)   281    (1,264)
Depreciation   (4,397)   (5,031)
Operating right of use assets and lease liabilities   6,193    5,692 
Accumulated tax loss   414,720    347,990 
Valuation allowance for deferred tax asset   (464,196)   (388,969)
Net deferred tax asset  $-   $-