v3.23.1
Fair Value Measurements (Tables)
9 Months Ended
Mar. 31, 2023
Fair Value Measurements [Abstract]  
Schedule of fair values determined by level 3 inputs

At March 31, 2023:

 

Total

Level 1

Level 2

Level 3

 

Convertible debt features

$ 12,189

$  -

$  -

$  12,189

 

 

 

 

 

 

At June 30, 2022:

 

Total

Level 1

Level 2

Level 3

 

Convertible debt features

$ -

$  -

$  -

$ -

 

Schedule of derivative liability valued using monte carlo pricing model

At March 31, 2023

 

 

 

Risk-free interest rate:

 

0.17%

 

Expected dividend yield:

 

0.00%

 

Expected stock price volatility:

 

295.00%

 

Expected option life in years:

 

.90 year

 

At June 30, 2022

 

 

 

Risk-free interest rate:

 

0.00%

 

Expected dividend yield:

 

0.00%

 

Expected stock price volatility:

 

0.00%

 

Expected option life in years:

 

0 years

 

Schedule of reconciliation of changes in fair value of convertible debt

Balance at June 30, 2022

$

-

Realized

 

 -

Unrealized

 

12,189

Balance at March 31, 2023

$

12,189

 

 

 

Balance at July 1, 2021

$

1,842,000

Realized

 

 (1,842,000)

Unrealized

 

-

Balance at June 30, 2022

$

 -