v3.25.4
CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
 12 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Revenue:    
Participant fees $ 0 $ 0
Franchise fees 0 0
Operating expenses:    
General and administrative 359,986 24,579
Stock-based compensation 252,985 1,725,503
Consulting fees 1,933,250 2,144,006
Legal and professional fees 182,758 109,329
Total operating expenses 2,728,979 4,003,417
Loss from operations (2,728,979) (4,003,417)
Other income (expense):    
Interest expense, related parties (54,304) (33,040)
Interest expense (84,905) (87,477)
Amortization of debt discount (16,112) (22,849)
Change in fair value of derivatives (4,325) 8,050
Loss of impairment of intangible assets 0 111,487
Loss on impairment of deposit on acquisition (440,800) 0
Gain on extinguishment of debt 1,140,708 (13,655)
Total other income (expense) 540,262 (37,484)
Net loss from continuing operations (2,188,717) (4,040,901)
Discontinued operations    
Gain on disposition of subsidiaries 3,366,943 0
Gain (loss) from operations of discontinued operations 90,677 (3,897,996)
Total discontinued operations 3,457,620 (3,897,996)
Income (loss) before tax benefit (expense) 1,268,903 (7,938,897)
Income tax benefit (expense) 0 0
Net Income (loss) applicable to common stockholders $ 1,268,903 $ (7,938,897)
Basic and diluted earnings per share on net income (loss) $ 0.03 $ (0.33)
Weighted average shares outstanding - basic and diluted 40,890,227 23,865,173