v3.25.4
Stock Options and Warrants
 6 Months Ended
Dec. 31, 2025
Stock Options and Warrants [Abstract]  
STOCK OPTIONS AND WARRANTS
6. STOCK OPTIONS AND WARRANTS

 

Options

 

Transactions involving our options are summarized as follows:

 

           Weighted 
       Weighted   Average 
       Average   Grant-Date 
   Number of   Exercise   Per Share 
   Options   Price   Fair Value 
Options outstanding at June 30, 2025   428,965,911   $0.013   $0.012 
Granted   
-
   $
-
   $
-
 
Canceled/Expired   
-
   $
-
   $
-
 
Exercised   
-
   $
-
   $
-
 
Options outstanding at December 31, 2025   428,965,911   $0.013   $0.012 

 

Details of our options outstanding as of December 31, 2025, is as follows:

 

Options Exercisable   Weighted Average
Exercise Price of
Options Exercisable		   Weighted Average
Contractual Life of
Options Exercisable
(Years)		   Weighted Average
Contractual Life of
Options Outstanding
(Years)		 
 338,465,911    0.012    3.42    3.42 

  

Total stock compensation expense related to the options for the six months ended December, 2025 and 2024, was $558,734 and $183,497, respectively. As of December 31, 2025 there was approximately $1.1 million of unrecognized compensation cost related to the Options, which is expected to be recognized over a remaining weighted-average vesting period of approximately 0.95 years.

Warrants

 

Transactions involving our warrants are summarized as follows:

 

       Weighted 
   Number of
Shares		   Average
Exercise Price		 
Warrants outstanding at June 30, 2025   78,095,239   $0.121 
Issued   
-
   $
-
 
Canceled/Expired   
-
   $
-
 
Exercised   
-
   $
-
 
Warrants outstanding at December 31, 2025   78,095,239   $0.121 

 

Details of our warrants outstanding as of December 31, 2025, is as follows:

 

Warrants Exercisable   Weighted Average Contractual Life of Warrants
Outstanding and Exercisable (Years)		 
 78,095,239    0.17