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INTANGIBLE ASSETS AND GOODWILL
 3 Months Ended
Sep. 30, 2025
Goodwill and Intangible Assets Disclosure [Abstract]  
INTANGIBLE ASSETS AND GOODWILL

NOTE 4 — INTANGIBLE ASSETS AND GOODWILL

 

On April 8, 2025, the Company acquired Biosymetrics, Inc. as a wholly owned subsidiary pursuant to a stock purchase agreement. As part of the acquisition of Biosymetrics, Inc., the Company acquired goodwill valued at $5,963,500, software valued at $143,000 and Trademark valued at $8,000.

 

At September 30, 2025 and June 30, 2025, definite-life and indefinite-life intangible assets consisted of the following:

 

                                                   
    Useful Life   June 30, 2025    Additions    Amortization    Impairment   Translation Adjustment   September 30, 2025
Definite Life Intangible Assets                                                    
Software platform   5 Years   $ 143,000     $ —     $ (13,712 )   $ —     $ —     $ 129,288  
Trademark   2 Years   $ 8,000     $ —     $ (1,918 )   $ —     $ —     $ 6,082  
Patents   20 Years   $ 313,010     $ —     $ —     $ —     $ (1,093 )   $ 311,917  
Less Accumulated Amortization         (298,016 )     —       (2,659 )     —       6,368       (294,307 )
Net Definite-Life Intangible Assets       $ 165,994     $ —     $ (18,289 )   $ —     $ 5,275     $ 152,980  
                                                     
Goodwill                                                    
Goodwill         5,963,000       —       —       —       —       5,963,000  
Total Goodwill       $ 5,963,000     $ —     $ —     $ —     $ —     $ 5,963,000  

 

Expected future amortization expense is as follows:

 

         
Years ended June 30,    
2026     $ 32,420  
2027       32,420  
2028       29,380  
2029       29,380  
Thereafter       29,380  
Total     $ 152,980