v3.26.1
Stock Options and Warrants
 9 Months Ended
Mar. 31, 2026
Stock Options and Warrants [Abstract]  
STOCK OPTIONS AND WARRANTS
7.STOCK OPTIONS AND WARRANTS

 

Options

 

Transactions involving our options are summarized as follows:

 

                Weighted  
                Average  
          Weighted     Grant-Date  
    Number of     Average     Per Share  
    Options     Exercise Price     Fair Value  
Options outstanding at June 30, 2025     428,965,911     $     0.013     $      0.012  
Granted     -     $ -     $ -  
Canceled/Expired     -     $ -     $ -  
Exercised   -     $ -     $ -  
Options outstanding at March 31, 2026   428,965,911     $ 0.015     $ 0.013  

Details of our options outstanding as of March 31, 2026, 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  4.21  4.21

  

Total stock compensation expense related to the options for the nine months ended March 31, 2026 and 2025, was $838,102 and $600,484, respectively. As of March 31, 2026 there was approximately $0.8 million of unrecognized compensation cost related to the options, which is expected to be recognized over a remaining weighted-average vesting period of approximately 0.70 years.

 

Warrants

 

Transactions involving our warrants are summarized as follows:

 

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