SUBSEQUENT EVENTS |
6 Months Ended |
|---|---|
Dec. 31, 2025 | |
| Subsequent Events [Abstract] | |
| SUBSEQUENT EVENTS |
NOTE 13 – SUBSEQUENT EVENTS
Shares issued for conversion of Series C Preferred stock
In January 2026, the Company issued an aggregate of shares of its common stock as a result of the conversion of shares of Series C Preferred stock during such period.
Shares issued for exercise of Series C Warrants
In February 2026, the Company received aggregate gross proceeds of $500,000 from the exercise of approximately 50 Series C Warrants with an exercise price of $10,000 per share and issued shares of Series C preferred stock.
Shares issued for services
In January 2026, the Company issued an aggregate of shares of common stock for services rendered and to be rendered from December 26, 2025 to March 26, 2026 in connection with the Advisory agreement dated on September 25, 2025 (see Note 9).
Shares issued in connection with an Exchange Agreement
On January 7, 2026, the Company entered into an Exchange Agreement with Crown Bridge (see Note 5) and issued shares of common stock in exchange for the total outstanding loan balance of $65,280 and accrued interest of $60,484. Those shares were valued at approximately $0.51 per share or $200,000, being the closing price of the stock on the date of grant, resulting in a loss on extinguishment of debt at the time of exchange of $74,236. |