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SUBSEQUENT EVENTS
3 Months Ended
Sep. 30, 2025
Subsequent Events [Abstract]  
SUBSEQUENT EVENTS

NOTE 11 – SUBSEQUENT EVENTS

 

The FASB issued ASC 855, “Subsequent Events.” ASC 855 establishes general standards of accounting for and disclosure of events that occur after the balance sheet date but before financial statements are issued or are available to be issued. We have evaluated all events or transactions that occurred after September 30, 2025, up through the date the financial statements were available to be issued.

 

On November 4, 2025, the Board of Directors declared a cash dividend of $0.04 per share of the Company’s common stock. The dividend is payable on December 2, 2025 to stockholders of record as of November 14, 2025.

 

Other than the matter described above, we did not have any material recognizable subsequent events that require disclosure in the financial statements as of November 14, 2025.