XML 203 R24.htm IDEA: XBRL DOCUMENT
v3.25.2

Discontinued Operations - Sale of Interactive Offers | 9 Months Ended | 12 Months Ended
--- | --- | ---
Mar. 31, 2025 | Jun. 30, 2024
Discontinued Operations - Sale of Interactive Offers |  |
Discontinued Operations - Sale of Interactive Offers | Note 16. Discontinued Operations – Sale of Interactive Offers On August 31, 2023, the Company sold Interactive offers to Amplifyir Inc. The purchase price is $1,250,000 with a provision to adjust the final purchase price based on the business being transferred to Amplifyer Inc. with a net zero working capital. In addition, the Buyer is obligated to pay the Company two-and one-half percent (2.5%) of certain advertising revenues of Interactive for a two-year period post-closing. Accordingly, the results of the business were classified as discontinued operations in our statements of operations and excluded from continuing operations. Summary of discontinued operations:
|  | Three Months Ended |  |  | Nine Months Ended |
|  | March 31, 2024 |  |  | March 31, 2024 |
Discontinued Operations |  |  |  |  |  |
Revenue |  | $ | - |  |  | $ | 158,147 |
Cost of sales |  | $ | - |  |  | $ | 11,982 |
Sales, general and administrative expenses |  | $ | - |  |  | $ | 339,205 |
Depreciation and amortization |  | $ | - |  |  | $ | - |
Income (loss) from discontinued operations |  | $ | - |  |  | $ | (193,040 | )
Accounts receivable net of allowance for doubtful accounts |  | $ | - |  |  | $ | - |
Fixed assets, net of accumulated depreciation |  | $ | - |  |  | $ | - |
Total assets |  | $ | - |  |  | $ | - |
Total liabilities |  | $ | - |  |  | $ | - |
| Note 17. Discontinued Operations – Sale of Interactive Offers On August 31, 2023, the Company sold Interactive offers to Amplifyir Inc. The purchase price is $1,250,000 with a provision to adjust the final purchase price based on the business being transferred to Amplifyer Inc. with a net zero working capital. In addition, the Buyer is obligated to pay the Company two-and-one-half percent (2.5%) of certain advertising revenues of Interactive for a two-year period post-closing. Accordingly, the results of the business were classified as discontinued operations in our statements of operations and excluded from both continuing operations and segment results for all periods presented. Summary of discontinued operations:
|  | Years ended June 30, |
|  | 2024 |  |  | 2023 |
Discontinued Operations |  |  |  |  |  |
Revenue |  | $ | 158,147 |  |  | $ | 1,442,279 |
Cost of sales |  | $ | 11,982 |  |  | $ | 446,332 |
Sales, general and administrative expenses |  | $ | 333,168 |  |  | $ | 2,118,480 |
Depreciation and amortization |  | $ | - |  |  | $ | 607,103 |
Loss from discontinued operations |  | $ | (187,003 | ) |  | $ | (1,729,636 | )
Accounts receivable net of allowance for doubtful accounts |  | $ | - |  |  | $ | 67,467 |
Fixed assets, net of accumulated depreciation |  | $ | - |  |  | $ | 2,835 |
Total assets |  | $ | - |  |  | $ | 1,026,043 |
Total liabilities |  | $ | - |  |  | $ | - |

X
- References No definition available. + Details
Name: | upxi_DiscontinuedOperationsSaleOfInteractiveOffersAbstract
Namespace Prefix: | upxi_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | upxi_DiscontinuedOperationsSaleOfInteractiveOffersDisclosureTextBlock
Namespace Prefix: | upxi_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration