v3.26.3
Taxes (Tables)
12 Months Ended
Jun. 30, 2026
Taxes  
Schedule of significant components of the provision for income taxes

​

​

​

​

​

​

​

​

​

​

​

​

  ​ ​ ​

For the year

  ​ ​ ​

For the year

  ​ ​ ​

For the year

​

​

ended 

​

ended

​

ended

​

​

June 30, 2026

​

June 30, 2025

​

June 30, 2024

Cayman

​

$

(12,807,932)

​

$

(4,228,125)

​

$

(8,833,523)

United States

​

 

(1,485,433)

​

 

(140,273)

​

 

(9,052,317)

Canada

​

​

—

​

​

(1,508)

​

​

(349,960)

Singapore

​

​

—

​

​

—

​

​

(49,158)

​

​

$

(14,293,365)

​

$

(4,369,906)

​

$

(18,284,958)

Schedule of reconciliation of statutory tax rates to effective tax rate

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

For the year

​

For the year

​

​

For the year

​

​

​

ended 

​

ended 

​

​

ended 

​

​

​

June 30, 

  ​ ​ ​

June 30, 

  ​ ​ ​

​

June 30, 

​

​

​

2026

​

2025

​

​

2024

 

​

​

Amount

​

Effective tax rate

​

Amount

​

Effective tax rate

​

Amount

​

Effective tax rate

​

Income tax expense at Cayman statutory rate

​

$

—

​

—

%  

$

—

​

—

%  

$

—

​

—

%

Effect of foreign tax rates

​

​

​

 

​

​

​

​

​

​

​

​

​

​

​

​

United States

​

​

(466,506)

 

3.3

%  

​

(72,084)

​

1.6

%  

​

(1,703,795)

​

9.3

%

Other foreign jurisdictions

​

​

—

​

—

%  

​

38,769

​

(0.9)

%  

​

(60,851)

​

0.3

%

Effect of changes in valuation allowance

​

​

466,506

 

(3.3)

%  

​

33,315

​

(0.7)

%  

​

1,764,646

​

(9.6)

%

Total income tax expenses

​

$

—

 

—

%  

$

—

​

—

%  

$

—

​

—

%

Schedule of significant components of deferred tax assets

​

​

​

​

​

​

​

​

​

  ​ ​ ​

June 30, 

  ​ ​ ​

June 30, 

​

​

2026

​

2025

Deferred tax assets

​

​

​

​

​

​

Net operating loss carryforward in the U.S.

​

 

6,947,218

​

 

6,480,712

Net operating loss carryforward in Canada

​

​

53,361

​

​

53,361

Net operating loss carryforward in Singapore

​

​

—

​

​

—

Valuation allowance

​

​

(7,000,579)

​

​

(6,534,073)

Total net deferred tax assets

​

$

—

​

$

—