v3.26.1
Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
Mar. 31, 2026
Jun. 30, 2025
CURRENT ASSETS    
Cash and cash equivalents $ 13,073,063 $ 34,628,625
Prepaid expenses 494,923 72,313
Interest receivable 33,807 25,223
Promissory note receivable, net of discount 371,384
Short-term investments 19,805,295 2,997,460
TOTAL CURRENT ASSETS 33,778,472 37,723,621
PROPERTY & EQUIPMENT    
Machinery and equipment 36,830 36,830
Vehicle 152,260 152,260
Gross property and equipment 189,090 189,090
Less: accumulated depreciation (66,261) (40,660)
NET PROPERTY AND EQUIPMENT 122,829 148,430
INTANGIBLE ASSETS    
TOTAL INTANGIBLE ASSETS 46,860 51,869
TOTAL OTHER ASSETS 169,689 200,299
TOTAL ASSETS 33,948,161 37,923,920
CURRENT LIABILITIES    
Accounts payable and other payables 653,805 527,619
Accrued expenses 70,760 147,323
TOTAL LIABILITIES 724,565 674,942
COMMIMENTS AND CONTINGENCIES
Series C 10% Preferred Stock, 2,765 and 6,651 shares issued and outstanding, redeemable value of $276,500 and $665,100, respectively 276,500 665,100
SHAREHOLDERS’ EQUITY    
Preferred Stock, $0.001 par value; 5,000,000 authorized preferred shares
Common Stock, $0.001 par value; 10,000,000,000 authorized common shares 5,727,959,657 and 5,438,414,015 shares issued and outstanding, respectively 5,727,960 5,438,414
Additional Paid in Capital 131,893,047 131,224,014
Accumulated other comprehensive income (loss) (2,752)
Accumulated deficit (104,671,159) (100,078,550)
TOTAL SHAREHOLDERS’ EQUITY 32,947,096 36,583,878
TOTAL LIABILITIES, PREFERRED STOCK SUBJECT TO REDEEMPTION AND SHAREHOLDERS’ EQUITY 33,948,161 37,923,920
Trademark    
INTANGIBLE ASSETS    
Intangible assets, gross 114 200
Patents    
INTANGIBLE ASSETS    
Intangible assets, gross $ 46,746 $ 51,669