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Related Party Transactions
3 Months Ended
Sep. 30, 2024
Related Party Transactions [Abstract]  
Related Party Transactions

Note 10 - Related Party Transactions

 

A shareholder of the Company was paid $22,500 as consulting fees in the three months ended September 30, 2024 and 2023.

 

A director of the Company was paid $19,500 in consulting fees in the three months ended September 30, 2024 and 2023.

 

A director of the Company was paid $39,053 and $25,950, respectively, in the three months ended September 30, 2024 and 2023 as consulting fees.

 

In December 2019, the Company received $50,000 of proceeds from a promissory note, entered into with an executive of the Company, which bears interest at the rate of 12% per annum and matures on the earlier of the nine-month anniversary of the loan or the completion of an initial public offering. The balance of this note was $50,000 as of September 30, 2024 and June 30, 2024.