General form for registration of securities under the Securities Act of 1933

DERIVATIVE FINANCIAL INSTRUMENTS AND FAIR VALUE MEASUREMENTS (Tables)

v3.26.1
DERIVATIVE FINANCIAL INSTRUMENTS AND FAIR VALUE MEASUREMENTS (Tables)
9 Months Ended 12 Months Ended
Mar. 31, 2026
Jun. 30, 2025
Derivative Instruments and Hedging Activities Disclosure [Abstract]    
SCHEDULE OF FAIR VALUE MEASUREMENTS, RECURRING AND NONRECURRING, VALUATION TECHNIQUES

   

Initial Valuations
(on new derivative
instruments entered

into during the three
months ended
March 31, 2026)

    March 31, 2026  
Volatility     -       324 %
Expected Remaining Term (in years)     -       0.002  
Risk Free Interest Rate     -       3.74 %
Expected dividend yield     None       None  

 

   

Initial Valuations
(on new derivative
instruments entered

into during the year ended June 30, 2025)

   

Initial Valuations
(on new derivative
instruments entered

into during the year ended June 30, 2024)

 
Volatility     344-414 %     323.40333.45 %
Expected remaining term     0.66-1.00       0.50  
Risk-free interest rate     4.21-4.29 %     5.42 - 5.55 %
Expected dividend yield     None       None  

 

 

    June 30, 2025     June 30, 2024  
Volatility     413.55 %     323.40 %
Expected remaining term     0.01 - 0.95       0.01 - 0.28  
Risk-free interest rate     4.214.45 %     5.45 - 5.47 %
Expected dividend yield     None       None  
SCHEDULE OF FAIR VALUE, ASSETS AND LIABILITIES MEASURED ON RECURRING BASIS

 

    Balance at
March 31, 2026
   

Quoted Prices

in Active

Markets for

Identical
Assets

   

Significant

Other

Observable
Inputs

   

Significant

Unobservable Inputs

 
          (Level 1)     (Level 2)     (Level 3)  
Warrant liability   $ 104,313     $     $     $ 104,313  
Embedded conversion option liabilities     50,273                   50,273  
Total   $ 154,586     $     $     $ 154,586  

 

    Balance at
June 30, 2025
   

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   $ 403,892     $     $     $ 403,892  
Total   $ 403,892     $     $     $ 403,892  

The following tables summarize the Company’s financial assets and liabilities measured at fair value on a recurring basis as of June 30, 2025:

 

    Balance at
June 30, 2025
   

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   $ 403,892     $     $     $ 403,892  
Total   $ 403,892     $     $     $ 403,892  

 

The following tables summarize the Company’s financial assets and liabilities measured at fair value on a recurring basis as of June 30, 2024:

 

    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  
SCHEDULE OF DERIVATIVE LIABILITIES AT FAIR VALUE

The following is a roll forward for the nine months ended March 31, 2026 of the fair value liability of price adjustable derivative instruments:

 

    Fair Value of  
    Liability for  
    Derivative  
    Instruments  
Balance at June 30, 2025   $ 403,892  
Initial fair value of embedded conversion option derivative liability recorded as debt discount      
Initial fair value of embedded conversion option derivative liability recorded as derivative expense      
Gain on debt extinguishment     (303,743 )
Change in fair value included in statements of operations     (49,876 )
Balance at March 31, 2026   $ 50,273  

The following is a roll forward for the years ended June 30, 2025 and 2024 of the fair value liability of price adjustable derivative instruments:

 

    Fair Value of  
    Liability for  
    Derivative  
    Instruments  
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  
Initial fair value of embedded conversion option derivative liability recorded as debt discount     222,500  
Initial fair value of embedded conversion option derivative liability recorded as derivative expense     333,596  
Gain on debt extinguishment     (73,640 )
Change in fair value included in statements of operations     (212,450 )
Balance at June 30, 2025   $ 403,892  
SUMMARY OF THE CHANGES IN THE FAIR VALUE OF THE LEVEL 3 WARRANT LIABILITY

The following table sets forth a summary of the changes in the fair value of the Level 3 warrant liability for the nine months ended March 31, 2026:

 

    Warrant
Liability
 
Fair value as of June 30, 2025   $ -  
Initial fair value of warrant liability upon issuance     882,345  
Reclassification into equity upon warrant exercise     (1,805 )
Change in fair value of warrant liability     (776,227 )
Fair value as of March 31, 2026   $ 104,313