DISCONTINUED OPERATIONS (Tables)
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12 Months Ended |
Jun. 30, 2025 |
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| DISCONTINUED OPERATIONS |
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| Schedule of gain on disposition of subsidiary |
| | Amount Owed | | | | | | Consideration: | | | | Cash | | $ | 300,000 | | Royalty liability | | | 1,350,000 | | Intercompany loans | | | 178,949 | | Notes payable | | | 355,937 | | Accrued interest | | | 143,043 | | Total consideration | | | 2,327,929 | | Less negative net assets | | | 1,039,014 | | Gain on disposition of subsidiary | | $ | 3,366,943 | |
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| Schedule of gain (loss) from operations of discontinued operations |
| | Years Ended June 30, | | | | 2025 | | | 2024 | | Total revenue | | $ | 1,694,419 | | | $ | 1,824,925 | | Operating expenses | | | 1,577,956 | | | | 2,095,584 | | Income from operations | | | 116,463 | | | | (270,659 | ) | Other income (expenses) | | | (25,786 | ) | | | (3,627,337 | ) | Gain (loss) from operations of discontinued operations | | | 90,677 | | | $ | (3,897,996 | ) | Gain on disposition of subsidiary | | | 3,366,943 | | | | - | | Total discontinued operations | | $ | 3,457,620 | | | $ | (3,897,996 | ) |
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| Schedule of assets and liabilities of the discontinued operations |
| | | | | June 30, 2024 | | | | | | | | | Cash and cash equivalents | | | | | $ | 112,615 | | Accounts receivable, net | | | | | | 160,997 | | Prepaid expenses | | | | | | - | | Assets of discontinued operations, current | | | | | | 273,612 | | | | | | | | | | Deposits | | | | | | 7,962 | | Right-of-use asset | | | (2 | ) | | | 241,210 | | Finance lease asset, net | | | (2 | ) | | | 11,475 | | Property and equipment, net | | | (1 | ) | | | 107,455 | | Assets of discontinued operations, non-current | | | | | | | 368,102 | | Total Assets | | | | | | $ | 641,714 | | | | | | | | | | | Accounts payable and accrued expenses | | | | | | $ | 896,673 | | Accrued interest | | | | | | | 14,902 | | Accrued interest, related parties | | | | | | | 51,633 | | Notes payable, related parties, current | | | | | | | 158,502 | | Notes payable, current | | | | | | | 46,664 | | SBA loan | | | | | | | 5,359 | | Line of credit | | | | | | | 72,810 | | Finance lease liability | | | (2 | ) | | | 27,809 | | Operating lease liability | | | (2 | ) | | | 144,182 | | Liabilities of discontinued operations, current | | | | | | | 1,418,534 | | | | | | | | | | | Notes payable, non-current | | | | | | | 66,999 | | Finance lease liability, non-current | | | | | | | 45,814 | | Operating lease liability, non-current | | | | | | | 97,884 | | SBA Loan, non-current | | | | | | | 322,789 | | Liabilities of discontinued operations, non-current | | | | | | | 533,486 | | Total Liabilities | | | | | | | 1,952,020 | |
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| Schedule of property plant and equipment of discontinued operations |
| | June 30, | | | | 2024 | | | | | | Leasehold improvements | | $ | 20,077 | | Vehicles | | | 130,135 | | Computer equipment | | | 13,493 | | Furniture and fixtures | | | 3,046 | | | | | 166,751 | | Less: Accumulated depreciation | | | (59,296 | ) | Property, plant and equipment - net | | $ | 107,455 | |
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| Schedule of lease payment |
| | Monthly Rent Payments | | | | Base Rent | | | Covid-19 Recoup* | | | Total Rent | | April 1, 2021 | | $ | 6,369 | | | $ | 983 | | | $ | 7,352 | | May 1, 2021 to March 31, 2021 | | $ | 6,369 | | | $ | 621 | | | $ | 6,990 | | January 1, 2022 to March 31, 2022 | | $ | 6,433 | | | $ | 621 | | | $ | 7,054 | | January 1, 2023 to March 31, 2023 | | $ | 6,497 | | | $ | 621 | | | $ | 7,118 | | January 1, 2024 to March 31, 2024 | | $ | 6,562 | | | $ | 621 | | | $ | 7,183 | | January 1, 2025 to March 31, 2025 | | $ | 6,628 | | | $ | 621 | | | $ | 7,249 | |
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| Schedule of right of use asset |
| | June 30, 2024 | | | | Stow Professional Center Lease | | | S. Frank Professional Lease | | | Total | | Office lease | | $ | 282,371 | | | $ | 412,770 | | | $ | 695,141 | | Less: accumulated amortization | | | (220,493 | ) | | | (233,438 | ) | | | (453,931 | ) | Right-of-use asset, net | | $ | 61,878 | | | $ | 179,332 | | | $ | 241,210 | |
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| Schedule of operating lease liability |
| | June 30, 2024 | | | | Stow Professional Center Lease | | | S. Frank Professional Lease | | | Total | | Office lease | | $ | 62,733 | | | $ | 179,333 | | | $ | 242,066 | | Less: current portion | | | (62,733 | ) | | | (81,449 | ) | | | (144,182 | ) | Long term portion | | $ | - | | | $ | 97,884 | | | $ | 97,884 | |
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| Schedule of finance lease right of use asset |
| | As of | | | | June 30, | | | | 2024 | | Equipment lease | | $ | 24,097 | | Less accumulated amortization | | | (12,622 | ) | Finance right of use asset | | $ | 11,475 | |
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| Schedule of finance lease liability |
| | As of | | | | June 30, | | | | 2024 | | Equipment lease | | $ | 73,623 | | Less: current portion | | | (27,809 | ) | Long term portion | | $ | 45,814 | |
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| Schedule of notes payable relatied parties current |
Ref No. Note | | | Date of | | Original | | | Maturity | | Interest | | | Principal Balance | | Issuance | | | Issuance | | Principal | | | Date | | Rate % | | | 3/31/25 | | | 1 | | | 3/25/21 | | | 158,502 | | | * | | | 10 | % | | $ | 158,502 | | | | | | Total | | | | | | | | | | | | $ | 158,502 | |
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| Schedule of notes payable |
| | | Date of | | Original | | | | | | | | | | | | | Note | | Principal | | | Maturity | | Interest | | | June 30, | | Ref No. | | | Issuance | | Balance | | | Date | | Rate (%) | | | 2024 | | | 1 | | | 12/25/20 | | $ | 146,021 | | | 08/15/2025 | | | 10 | | | $ | 38,572 | | | 2 | | | 6/15/23 | | | 90,985 | | | 06/22/2028 | | | 10.49 | | | | 75,091 | | | | | | Total | | | | | | | | | | | | $ | 113,663 | | | | | | Total Current | | | | | | | | | | | | $ | 46,664 | | | | | | Total Long Term | | | | | | | | | | | | $ | 66,999 | |
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