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Related Party Transactions
 3 Months Ended
Sep. 30, 2025
Related Party Transactions [Abstract]  
Related Party Transactions

Note 11 - Related Party Transactions

 

A shareholder of the Company was paid $22,500 and $22,500 as consulting fees in the three months ended September 30, 2025 and 2024, respectively.

 

A director of the Company was paid $61,100 and $19,500, respectively, as consulting fees in the three months ended September 30, 2025 and 2024, respectively.

 

A company controlled by a director of the Company was paid $25,950 and $25,950, respectively, as consulting fees during the three months ended September 30, 2025 and 2024, respectively.

 

Director’s fees of $17,500, $13,750, and $10,000, respectively, were paid to 3 individual directors in the three months ended September 30, 2025. During the three months ended September 30, 2024, each director received $4,500 $4,500.

 

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 Company completed an initial public offering in September 2024, and the parties agreed to carry the note as due on demand. The balance of this note was $50,000 and $50,000 as of September 30, 2025 and June 30, 2025, respectively.