DERIVATIVE FINANCIAL INSTRUMENTS AND FAIR VALUE MEASUREMENTS (Tables)

12 Months Ended

Jun. 30, 2026

	Initial Valuations (on new derivative instruments entered into during the year ended June 30, 2026)		Initial Valuations (on new derivative instruments entered into during the year ended June 30, 2025)
Volatility		-		344-414	%
Expected remaining term		-		0.66-1.00
Risk-free interest rate		-		4.21-4.29	%
Expected dividend yield		None		None

Balance at
June 30, 2026

Quoted Prices

in Active

Markets for

Identical
Assets

Significant

Other

Observable
Inputs

Significant

Unobservable Inputs

(Level 1)

(Level 2)

(Level 3)

Warrant liability

—

Embedded conversion option liabilities

—

Total

—

	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 is a roll forward for the years ended June 30, 2026 and 2025 of the fair value liability of price adjustable derivative instruments:

	Fair Value of
	Liability for
	Derivative
	Instruments
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
Gain on debt extinguishment		(390,183	)
Change in fair value included in statements of operations		(13,709	)
Balance at June 30, 2026	$	-

The following table sets forth a summary of the changes in the fair value of the Level 3 warrant liability for the year ended June 30, 2026:

	Warrant Liability
Fair value as of June 30, 2025	$	-
Initial fair value of warrant liability upon issuance		882,345
Reclassification into equity upon conversions		(8,925	)
Reclassification into equity upon amendment of Series C designation		(973,115	)
Change in fair value of warrant liability		99,695
Fair value as of June 30, 2026	$	—