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

NATURE OF OPERATIONS AND SUMMARY OF SIGNIFICANT ACCOUNTING AND REPORTING POLICIES (Tables)

v3.26.3
NATURE OF OPERATIONS AND SUMMARY OF SIGNIFICANT ACCOUNTING AND REPORTING POLICIES (Tables)
 12 Months Ended
Jun. 30, 2026
Accounting Policies [Abstract]  
SCHEDULE OF TRANSACTION EXCHANGE RATES

As of June 30, 2026 and 2025, the exchange rates used to translate amounts in Australian dollars into USD for the purposes of preparing the consolidated financial statements were as follows:

 

    June 30, 2026     June 30, 2025  
Exchange rate on balance sheet dates                
USD : AUD exchange rate     0.6912       0.6571  
                 
Average exchange rate for the period                
USD : AUD exchange rate     0.6771       0.6468  
SCHEDULE OF ACCUMULATED OTHER COMPREHENSIVE INCOME

Change in Accumulated Other Comprehensive Income (Loss) by component during the years ended June 30, 2026 and 2025 were as follows:

 

    Foreign
Currency Items		  
Beginning balance, June 30, 2024   $ 1,269,581  
Foreign currency translation gain     49,336  
Balance, June 30, 2025     1,318,917  
Foreign currency translation loss     (142,662 )
Ending balance, June 30, 2026   $ 1,176,255  
SCHEDULE OF PROPERTY AND EQUIPMENT ESTIMATED USEFUL LIVES

The estimated useful lives are as follows:

 

Machinery and equipment     - 5 years  
Furniture     - 7 years  
SCHEDULE OF ANTI-DILUTIVE SECURITIES EXCLUDED FROM COMPUTATION OF EARNINGS

 

    June 30, 2026     June 30, 2025  
             
Warrants with no designations     1,210       10  
Series C Preferred Stock Warrants     86,877,828       -  
Convertible Series C Preferred stock     1,809,955       -  
Convertible Debt     -       7,596  
Total     88,688,993       7,606