Annual report [Section 13 and 15(d), not S-K Item 405]

Consolidated Statements of Operations and Comprehensive Income (Loss)

v3.25.2
Consolidated Statements of Operations and Comprehensive Income (Loss) - USD ($)
 12 Months Ended
Jun. 30, 2025
Jun. 30, 2024
OPERATING EXPENSES    
Administration expenses $ 57,027,850 $ 1,253,797
Occupancy expenses - related party 26,560 34,150
Research and development 223,721 248,102
TOTAL OPERATING EXPENSES 57,278,131 1,536,049
LOSS FROM OPERATIONS (57,278,131) (1,536,049)
OTHER INCOME (EXPENSE)    
Interest expense (563,757) (665,841)
Interest income 9 60
Derivative expense (333,596) (141,012)
Change in fair value of derivative liabilities 212,450 316,537
Gain (loss) on extinguishment of debt, net (871,032) 54,565
Foreign currency transaction gain (loss) (89,243) 22,080
TOTAL OTHER INCOME (EXPENSE), NET (1,645,169) (413,611)
LOSS BEFORE TAXES (58,923,300) (1,949,660)
Tax benefit 129,132
NET LOSS (58,923,300) (1,820,528)
Deemed Dividend (192,960)
NET LOSS AVAILABLE TO COMMON STOCKHOLDERS $ (58,923,300) $ (2,013,488)
BASIC NET LOSS PER SHARE AVAILABLE TO COMMON STOCKHOLDERS $ (14.85) $ (1,420.53)
DILUTED NET LOSS PER SHARE AVAILABLE TO COMMON STOCKHOLDERS $ (14.85) $ (1,420.53)
BASIC WEIGHTED AVERAGE SHARES OUTSTANDING 3,968,176 1,417
DILUTED WEIGHTED AVERAGE SHARES OUTSTANDING 3,968,176 1,417
OTHER COMPREHENSIVE INCOME (LOSS)    
Unrealized foreign currency translation gain (loss) $ 49,336 $ (25,295)
TOTAL OTHER COMPREHENSIVE INCOME (LOSS) 49,336 (25,295)
TOTAL COMPREHENSIVE LOSS $ (58,873,964) $ (2,038,783)