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Taxes (Tables)
12 Months Ended
Jun. 30, 2025
Taxes  
Schedule of significant components of the provision for income taxes

    

For the year

    

For the year

    

For the year

ended 

ended

ended

June 30, 2025

June 30, 2024

June 30, 2023

Cayman

$

(4,228,125)

$

(8,833,523)

$

(6,034,362)

United States

 

(140,273)

 

(9,052,317)

 

(22,024,619)

Canada

(1,508)

(349,960)

(1,998)

Singapore

(49,158)

(155,373)

$

(4,369,906)

$

(18,284,958)

$

(28,216,352)

Schedule of reconciliation of statutory tax rates to effective tax rate

    

For the year

For the year

For the year

ended 

ended 

ended 

June 30, 

    

June 30, 

    

June 30, 

2025

2024

2023

 

Federal statutory tax rate

21.0

%  

21.0

%  

21.0

%

Weighted state statutory tax rate

 

8.7

%  

6.3

%  

6.4

%

Change in valuation allowance

 

(29.7)

%  

(27.3)

%  

(27.4)

%

Effective tax rate

 

%  

%  

%

Schedule of significant components of deferred tax assets

    

June 30, 

    

June 30, 

2025

2024

Deferred tax assets

Net operating loss carryforward in the U.S.

 

6,480,712

 

6,408,628

Net operating loss carryforward in Canada

53,361

53,134

Net operating loss carryforward in Singapore

38,996

Valuation allowance

(6,534,073)

(6,500,758)

Total net deferred tax assets

$

$