v3.25.3
PROPERTY AND EQUIPMENT
12 Months Ended
Jun. 30, 2025
PROPERTY AND EQUIPMENT  
PROPERTY AND EQUIPMENT

NOTE 7 – PROPERTY AND EQUIPMENT

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Depreciation expense for the year ended June 30, 2025, was $16,080 and for the transition period ended June 30, 2024 was $7,565. The Company acquired the below on February 9, 2024, in connection with the closing of the business combination with Wilson-Davis, see Note 11 for further detail. Property and equipment are summarized by major classifications as follows:

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June 30, 2025

    

June 30, 2024

Equipment

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$

150,202

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$

150,202

Leasehold improvements

 

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89,087

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89,087

Software

 

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85,042

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85,042

Furniture and fixtures

 

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51,717

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51,717

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376,048

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376,048

Less: Accumulated depreciation and Amortization

 

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(376,048)

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(359,968)

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$

—

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$

16,080

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