Quarterly report [Sections 13 or 15(d)]

Condensed Consolidated Balance Sheets

Condensed Consolidated Balance Sheets	Mar. 31, 2026 USD ($)	Jun. 30, 2025 USD ($)
CURRENT ASSETS:
Cash	$ 443,702	$ 12,088
GST tax receivable	11,057	5,302
Prepaid expenses - current portion	7,733,625	8,334,046
Other current assets	35,104	1,380
TOTAL CURRENT ASSETS	8,223,488	8,352,816
Deferred offering costs		291,773
Prepaid expenses - long-term portion	6,057,422	10,925,835
Security deposit - related party	2,065	1,971
Operating lease right-of-use assets, net - related party	46,584	59,413
Property and equipment, net	4,221
TOTAL ASSETS	14,333,780	19,631,808
CURRENT LIABILITIES:
Accounts payable	973,692	1,249,596
Accrued expenses and other payables	942,376	1,486,550
Accrued interest	123,181	190,795
Notes payable, net of discount		543,312
Convertible notes, net of discounts and including put premiums	55,000	537,921
Operating lease liability - related party, current portion	23,324	17,664
Warrant liability	104,313
Embedded conversion option liabilities	50,273	403,892
Employee benefit liability	738,187	667,901
TOTAL CURRENT LIABILITIES	3,475,628	5,578,240
NON-CURRENT LIABILITIES:
Loan payable - long-term - related party, net of discount		105,627
Operating lease liability - long-term portion - related party	30,267	41,749
TOTAL NON-CURRENT LIABILITIES	30,267	147,376
TOTAL LIABILITIES	3,505,895	5,725,616
Temporary Equity – Convertible Preferred Stock Series C - $0.01 par value, $10,000 stated value, 9,900 shares designated and authorized, 100 (liquidation value of $1,000,000) and none issued and outstanding at March 31, 2026 and June 30, 2025, respectively	1,000,000
Commitments and Contingencies (See Note 9)
STOCKHOLDERS’ EQUITY:
Common stock, $0.001 par value; 10,000,000,000 shares authorized; 21,859,281 and 11,611,782 shares issued and outstanding as of March 31, 2026 and June 30, 2025, respectively	21,860	11,612
Common stock issuable (33,007,750 and 7,750 shares as of March 31, 2026 and June 30, 2025, respectively)	33,008	8
Additional paid-in capital	149,427,962	138,243,652
Accumulated other comprehensive income	1,234,766	1,318,917
Accumulated deficit	(140,843,234)	(125,621,520)
Treasury stock ($0.001 share)	(46,477)	(46,477)
TOTAL STOCKHOLDERS’ EQUITY	9,827,885	13,906,192
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY	14,333,780	19,631,808
Series A Preferred Stock [Member]
STOCKHOLDERS’ EQUITY:
Preferred stock, value
Series B Preferred Stock [Member]
STOCKHOLDERS’ EQUITY:
Preferred stock, value
Nonrelated Party [Member]
CURRENT LIABILITIES:
Loans payable		65,280
Related Party [Member]
CURRENT LIABILITIES:
Loans payable	465,282	415,329
NON-CURRENT LIABILITIES:
Loan payable - long-term - related party, net of discount	$ 0	$ 105,627