SUBSEQUENT EVENTS	6 Months Ended
Dec. 31, 2024
Subsequent Events [Abstract]
SUBSEQUENT EVENTS	NOTE 11 — SUBSEQUENT EVENTS From January 10, 2025, to January 24, 2025, the Company issued Promissory Notes in the aggregate principal amount of $900,000. The Notes bear an interest rate of 10% per annum and mature on June 30, 2025, (the “Maturity Date”). The Company is required to pay principal and interest on the Maturity Date. On February 7, 2025, the Company entered into a credit agreement with a third party with a total capacity of up to $4,000,000. The credit agreement matures on the earlier of February 6, 2030 or in the event of a default in which the lender accelerates the maturity of the loan. Any borrowings under the loan bear interest at 10% per annum and are payable at maturity. In the event any borrowing remains unpaid at when the borrowing becomes due, the interest rate increases to 15% per annum. All principal and interest are due at maturity, the agreement does not require periodic payments nor are there any prepayment penalties for any borrowings under the credit agreement. Additionally, for each borrowing under the credit agreement, the lender will receive warrants equal to the quotient of the principal borrowed divided by the value of an American call option determined by the use of a Black-Scholes option pricing model as of the borrowing date. Any warrants issued will have an exercise price equal to the closing price of the Company’s common stock as quoted per NASDAQ and will have a 5-year term. On February 7, 2025, the Company entered into a credit agreement with a third party with a total capacity of up to $4,000,000. The credit agreement matures on the earlier of February 6, 2030 or in the event of a default in which the lender accelerates the maturity of the loan. Any borrowings under the loan bear interest at 10% per annum and is payable at maturity. In the event any borrowings remain unpaid at when the borrowings become due, the interest rate increases to 15% per annum. All principal and interest is due at maturity, the agreement does not require periodic payments nor are there any prepayment penalties for any borrowings under the credit agreement. Additionally, for each borrowing under the credit agreement, the lender will receive warrants equal to the quotient of the principal borrowed divided by the value of an American call option determined by the use of a Black-Scholes option pricing model as of the borrowing date. Any warrants issued will have an exercise price equal to the closing price of the Company’s common stock as quoted per NASDAQ and will have a 5 year term.

SUBSEQUENT EVENTS

6 Months Ended

Dec. 31, 2024

NOTE 11 — SUBSEQUENT EVENTS

From January 10, 2025, to January 24, 2025, the Company issued Promissory Notes in the aggregate principal amount of $900,000. The Notes bear an interest rate of 10% per annum and mature on June 30, 2025, (the “Maturity Date”). The Company is required to pay principal and interest on the Maturity Date.

On February 7, 2025, the Company entered into a credit agreement with a third party with a total capacity of up to $4,000,000. The credit agreement matures on the earlier of February 6, 2030 or in the event of a default in which the lender accelerates the maturity of the loan. Any borrowings under the loan bear interest at 10% per annum and are payable at maturity. In the event any borrowing remains unpaid at when the borrowing becomes due, the interest rate increases to 15% per annum. All principal and interest are due at maturity, the agreement does not require periodic payments nor are there any prepayment penalties for any borrowings under the credit agreement.

Additionally, for each borrowing under the credit agreement, the lender will receive warrants equal to the quotient of the principal borrowed divided by the value of an American call option determined by the use of a Black-Scholes option pricing model as of the borrowing date. Any warrants issued will have an exercise price equal to the closing price of the Company’s common stock as quoted per NASDAQ and will have a 5-year term.

On February 7, 2025, the Company entered into a credit agreement with a third party with a total capacity of up to $4,000,000. The credit agreement matures on the earlier of February 6, 2030 or in the event of a default in which the lender accelerates the maturity of the loan. Any borrowings under the loan bear interest at 10% per annum and is payable at maturity. In the event any borrowings remain unpaid at when the borrowings become due, the interest rate increases to 15% per annum. All principal and interest is due at maturity, the agreement does not require periodic payments nor are there any prepayment penalties for any borrowings under the credit agreement.