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INCOME TAXES (Tables)

12 Months Ended

Jun. 30, 2024

Income Tax Disclosure [Abstract]

Schedule of effective income tax rate reconciliation

Schedule of effective income tax rate reconciliation
		2024				2023
Income tax expense (benefit) at federal statutory rate			(21.0	)%			(21.0	)%
Increase (decrease) in tax resulting from:
State taxes, net of federal benefit			(6.3	)%			(5.8	)%
Change in valuation allowance			(16.3	)%			(23.3	)%
Stock based compensation			10.5	%			176.0	%
Net Operating Loss Utilization			–	%			5.0	%
Revaluation of contingent earn out liability			–	%			(135.2	)%
Nondeductible items			0.4	%			5.6	%
Effective tax rate			0.0	%			1.3	%

Schedule of deferred tax assets and liabilities

Schedule of deferred tax assets and liabilities
		2024				2023
Deferred tax assets:
Net operating loss carry forwards		$	3,999,000			$	2,617,000
Tax credit carry forwards			353,000				247,000
Reserves and accruals not yet deducted for tax purposes			254,000				407,000
Total deferred tax assets			4,606,000				3,271,000
Valuation allowance			(4,606,000	)			(3,271,000	)
Net deferred tax asset		$	–			$	–

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- References

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- Definition

Tabular disclosure of the components of net deferred tax asset or liability recognized in an entity's statement of financial position, including the following: the total of all deferred tax liabilities, the total of all deferred tax assets, the total valuation allowance recognized for deferred tax assets.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 740
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482685/740-10-50-2

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- Definition

Tabular disclosure of the reconciliation using percentage or dollar amounts of the reported amount of income tax expense attributable to continuing operations for the year to the amount of income tax expense that would result from applying domestic federal statutory tax rates to pretax income from continuing operations.

+ References

Reference 1: http://www.xbrl.org/2003/role/exampleRef
-Topic 740
-SubTopic 10
-Name Accounting Standards Codification
-Section 55
-Paragraph 231
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482663/740-10-55-231

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Topic 740
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 12A
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482685/740-10-50-12A

Reference 3: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 740
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 12
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482685/740-10-50-12

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