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Taxes (Tables) | 6 Months Ended
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Dec. 31, 2025
Taxes [Abstract] |
Schedule of Provision for Income Tax | The provision for income tax for the three months ended December 31, 2025 and 2024 consists of the following:
|  | For the Three Months Ended December 31, |
|  | 2025 |  |  | 2024 |
Current income tax expense |  | $ | 46,554 |  |  |  | — |
Deferred income tax credit |  |  | (1,505 | ) |  |  | — |
Total income tax expense |  | $ | 45,049 |  |  |  | — |
The provision for income tax for the six months ended December 31, 2025 and 2024 consists of the following:
|  | For the Six Months Ended December 31, |
|  | 2025 |  |  | 2024 |
Current income tax expense |  | $ | 104,533 |  |  |  | — |
Deferred income tax (credit) expense |  |  | (23,494 | ) |  |  | 89,581 |
Total income tax expense |  | $ | 81,039 |  |  |  | 89,581 |
Schedule of Reconciles the Statutory Tax Rate | The following table reconciles the statutory tax rate to the Company’s effective tax the three months ended December 31, 2025 and 2024:
|  | For the Three Months Ended December 31, |
|  | 2025 |  |  | 2024 |
Loss before tax |  | $ | (1,538,632 | ) |  | $ | (1,946,820 | )
Statutory state tax rate |  |  | 21 | % |  |  | 21 | %
Income tax credit at the federal statutory rate |  |  | (323,113 | ) |  |  | (408,832 | )
Illinois state tax/PET tax credit |  |  | (109,295 | ) |  |  | (120,596 | )
Illinois replacement tax credit |  |  | (39,034 | ) |  |  | (43,070 | )
Change in valuation allowance |  |  | 504,611 |  |  |  | 585,198 |
Foreign tax rate differential |  |  | 477 |  |  |  | (12,700 | )
Non-deductible expense |  |  | 11,403 |  |  |  | — |
Total income tax expense |  | $ | 45,049 |  |  | $ | — |
The following table reconciles the statutory tax rate to the Company’s effective tax the six months ended December 31, 2025 and 2024:
|  | For the Six Months Ended December 31, |
|  | 2025 |  |  | 2024 |
Loss before tax |  | $ | (2,859,858 | ) |  | $ | (3,192,646 | )
Statutory state tax rate |  |  | 21 | % |  |  | 21 | %
Income tax credit at the federal statutory rate |  |  | (600,570 | ) |  |  | (670,456 | )
Illinois state tax/PET tax credit |  |  | (203,361 | ) |  |  | (200,066 | )
Illinois replacement tax credit |  |  | (72,629 | ) |  |  | (71,452 | )
Change in valuation allowance |  |  | 937,898 |  |  |  | 1,048,676 |
Tax effect on other tax jurisdiction |  |  | 1,380 |  |  |  | (17,121 | )
Non-deductible expense |  |  | 18,321 |  |  |  | — |
Total income tax expense |  | $ | 81,039 |  |  | $ | 89,581 |
Schedule of Deferred Tax Assets and Liabilities | The Company’s deferred tax assets and liabilities consist of the following:
|  | December 31, 2025 |  |  | June 30, 2025 |
Deferred tax assets: |  |  |  |  |  |  |  |
Allowance for credit loss |  | $ | 47,705 |  |  | $ | 24,940 |
Allowance for credit loss - loan receivable |  |  | 87,840 |  |  |  | - |
Lease liability – operating |  |  | 744,087 |  |  |  | 1,105,147 |
Lease liability – financing |  |  | 29,589 |  |  |  | 34,557 |
Non-capital loss carried forward |  |  | 2,496,368 |  |  |  | 1,569,089 |
Valuation allowance |  |  | (2,754,251 | ) |  |  | (1,816,352 | )
Total deferred tax assets |  | $ | 651,338 |  |  | $ | 917,381 |
Deferred tax liabilities: |  |  |  |  |  |  |  |
Right of use assets – operating |  | $ | (606,907 | ) |  | $ | (880,513 | )
Right of use assets – financing |  |  | (23,362 | ) |  |  | (28,608 | )
Intangible asset – license |  |  | (80,675 | ) |  |  | (91,360 | )
Total deferred tax liabilities |  |  | (710,944 | ) |  |  | (1,000,481 | )
Deferred tax liabilities, net |  | $ | (59,606 | ) |  | $ | (83,100 | )

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