DERIVATIVE FINANCIAL INSTRUMENTS AND FAIR VALUE MEASUREMENTS (Tables)

6 Months Ended

12 Months Ended

Dec. 31, 2024

Jun. 30, 2024

	Initial Valuations (on new derivative instruments entered into during the three months ended December 31, 2024)			December 31, 2024
Volatility		295	%		295	%
Expected Remaining Term (in years)		0.50			0.01 - 0.45
Risk Free Interest Rate		4.32	%		4.24-4.40	%
Expected dividend yield		None			None

	Initial Valuations (on new derivative instruments entered into during the year ended June 30, 2024)
Volatility		323.40 – 333.45	%
Expected Remaining Term (in years)		0.50
Risk Free Interest Rate		5.42 - 5.55	%
Expected dividend yield		None

	Balance at December 31, 2024		Quoted Prices in Active Markets for Identical Assets		Significant Other Observable Inputs		Significant Unobservable Inputs
				(Level 1)		(Level 2)		(Level 3)
Embedded conversion option liabilities	$	131,585	$	—	$	—	$	131,585
Total	$	131,585	$	—	$	—	$	131,585

	Balance at June 30, 2024		Quoted Prices in Active Markets for Identical Assets		Significant Other Observable Inputs		Significant Unobservable Inputs
				(Level 1)		(Level 2)		(Level 3)
Embedded conversion option liabilities	$	133,886	$	—	$	—	$	133,886
Total	$	133,886	$	—	$	—	$	133,886

	Balance at June 30, 2024		Quoted Prices in Active Markets for Identical Assets		Significant Other Observable Inputs		Significant Unobservable Inputs
			(Level 1)		(Level 2)		(Level 3)
Embedded conversion option liabilities	$	133,886	$	—	$	—	$	133,886
Total	$	133,886	$	—	$	—	$	133,886

The following tables summarize the Company’s financial assets and liabilities measured at fair value on a recurring basis as of June 30, 2023:

	Balance at June 30, 2023		Quoted Prices in Active Markets for Identical Assets		Significant Other Observable Inputs		Significant Unobservable Inputs
			(Level 1)		(Level 2)		(Level 3)
Embedded conversion option liabilities	$	423,209	$	—	$	—	$	423,209
Total	$	423,209	$	—	$	—	$	423,209

The following is a roll forward for the six months ended December 31, 2024 of the fair value liability of price adjustable derivative instruments:

	Fair Value of
	Liability for
	Derivative
	Instruments
Balance at June 30, 2024	$	133,886
Initial fair value of embedded conversion option derivative liability recorded as debt discount		80,000
Initial fair value of embedded conversion option derivative liability recorded as derivative expense		35,741
Reduction of derivative liability upon debt conversion		(51,674	)
Change in fair value included in statements of operations		(66,368	)
Balance at December 31, 2024	$	131,585

The following is a roll forward for the years ended June 30, 2024 and 2023 of the fair value liability of price adjustable derivative instruments:

	Fair Value of
	Liability for
	Derivative
	Instruments
Balance at June 30, 2022	$	151,262
Initial fair value of embedded conversion option derivative liability recorded as debt discount		93,668
Gain on debt extinguishment		(352,051	)
Change in fair value included in statements of operations		530,330
Balance at June 30, 2023		423,209
Initial fair value of embedded conversion option derivative liability recorded as debt discount		150,000
Initial fair value of embedded conversion option derivative liability recorded as derivative expense		141,012
Gain on debt extinguishment		(263,798	)
Change in fair value included in statements of operations		(316,537	)
Balance at June 30, 2024	$	133,886