Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Operations and Comprehensive Income (Loss) (Unaudited)

v3.22.4
Condensed Consolidated Statements of Operations and Comprehensive Income (Loss) (Unaudited) - USD ($)
3 Months Ended 6 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2022
Dec. 31, 2021
REVENUE        
Revenue
OPERATING EXPENSES        
Administration expenses 525,620 346,164 990,752 777,904
Occupancy expenses - related party 7,506 6,550 13,879 14,286
Research and development 74,878 50,753 176,203 97,307
TOTAL OPERATING EXPENSES 608,004 403,467 1,180,834 889,497
LOSS FROM OPERATIONS (608,004) (403,467) (1,180,834) (889,497)
OTHER INCOME (EXPENSE)        
Interest expense (98,619) (177,905) (261,371) (287,758)
Interest income 17 19
Change in fair value of derivative liabilities 62,335 (163,853) 127,508 (167,757)
Gain from settlement of accounts payable 17,499
Gain on extinguishment of debt, net 43,520 42,910
Foreign currency transaction gain (loss) (13,988) (110,215) 22,235 (1,086)
TOTAL OTHER EXPENSE, NET (6,735) (451,973) (51,200) (456,601)
LOSS BEFORE TAXES (614,739) (855,440) (1,232,034) (1,346,098)
Tax benefit 129,321 55,463 129,321 55,463
NET LOSS (485,418) (799,977) (1,102,713) (1,290,635)
Deemed Dividend (19,322) (93,398) (408,557) (208,242)
NET LOSS AVAILABLE TO COMMON STOCKHOLDERS $ (504,740) $ (893,375) $ (1,511,270) $ (1,498,877)
BASIC AND DILUTED NET LOSS PER SHARE AVAILABLE TO COMMON STOCKHOLDERS $ (0.00) $ (0.02) $ (0.00) $ (0.04)
BASIC AND DILUTED WEIGHTED AVERAGE SHARES OUTSTANDING 960,470,651 49,373,565 718,360,144 38,318,783
OTHER COMPREHENSIVE INCOME (LOSS)        
Unrealized foreign currency translation gain (loss) $ (107,812) $ (7,697) $ 18,584 $ 56,496
TOTAL OTHER COMPREHENSIVE INCOME (LOSS) (107,812) (7,697) 18,584 56,496
TOTAL COMPREHENSIVE LOSS $ (612,552) $ (901,072) $ (1,492,686) $ (1,442,381)