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SEGMENT REPORTING | 12 Months Ended
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Jun. 30, 2025
Segment Reporting [Abstract] |
SEGMENT REPORTING | NOTE 4. SEGMENT REPORTING ASC 280, Segment Reporting, establishes standards for the manner in which companies report financial information about operating segments, products, services, geographic areas and major customers. Our Segments During the year ended June 30, 2025, the revised our reportable segments to a region-focused structure, aligning with changes in our business and organizational structure. This transition was driven by several key developments, including the end of project for the construction of a manufacturing facility in Australia during the fourth fiscal quarter of fiscal 2025 and the reversion of intellectual property rights to the University of Newcastle following the liquidation of LSBD, the former licensor. These events prompted a reassessment of the Company’s operating model and strategic priorities, resulting in the adoption of a region-based segment reporting structure that better aligns with the geographic focus of the business and how management evaluates performance and allocates resources. The following tables set forth the Company’s revenue, government support income, net loss and long-lived assets and inventories by operating and reportable segments. SCHEDULE OF REVENUE, GOVERNMENT SUPPORT INCOME, NET LOSS AND LONG LIVED ASSETS AND INVENTORIES
| A) | Revenue, government support income and net loss
|  | 2025 |  |  | 2024 |
|  | Year Ended June 30, |
|  | 2025 |  |  | 2024 |
Revenue(1) |  |  |  |  |  |  |  |
United Kingdom(1) |  | $ | 2,868,027 |  |  | $ | 2,894,197 |
APAC(1) |  |  | 29,167 |  |  |  | 43,955 |
Americas(1) |  |  | 22,638 |  |  |  | 11,407 |
Rest of world(1) |  |  | 132,700 |  |  |  | 162,222 |
Total Revenue(1) |  | $ | 3,052,532 |  |  | $ | 3,111,781 |
Government Support Income |  |  |  |  |  |  |  |
United Kingdom |  | $ | 169,208 |  |  | $ | 210,605 |
APAC |  |  | 647,693 |  |  |  | 214,171 |
Total Government Support Income |  | $ | 816,901 |  |  | $ | 424,776 |
Net Income (Loss) (1) |  |  |  |  |  |  |  |
United Kingdom(1) |  | $ | (2,933,973 | ) |  | $ | (3,121,128 | )
APAC(1) |  |  | (3,474,856 | ) |  |  | (3,286,034 | )
Americas(1) |  |  | (4,300,017 | ) |  |  | (3,911,798 | )
Rest of world(1) |  |  | 103,960 |  |  |  | 128,028 |
Total Net Loss(1) |  | $ | (10,604,886 | ) |  | $ | (10,190,932 | )
(1) | Comparative amounts for the prior period have been reclassified to conform to current period presentations.
| B) | Long-lived assets and inventories, net
|  | 2025 |  |  | 2024 |
|  | Year Ended June 30 |
|  | 2025 |  |  | 2024 |
Long-lived assets, net |  |  |  |  |  |  |  |
United Kingdom |  | $ | 3,906,667 |  |  | $ | 4,626,798 |
APAC |  |  | 204,497 |  |  |  | 617,822 |
Americas |  |  | - |  |  |  | - |
Rest of world |  |  | - |  |  |  | - |
Total Long-Lived Assets |  | $ | 4,111,164 |  |  | $ | 5,244,620 |
Inventories, net |  |  |  |  |  |  |  |
United Kingdom |  | $ | 564,559 |  |  | $ | 731,813 |
APAC |  |  | 70,656 |  |  |  | 45,724 |
Americas |  |  | - |  |  |  | - |
Rest of world |  |  | - |  |  |  | - |
Total Inventories |  | $ | 635,215 |  |  | $ | 777,537 |
Total Long-Lived Assets and Inventories, net |  | $ | 4,746,379 |  |  | $ | 6,022,157 |
The Company’s segment revenue, segment expenses, segment net income (loss), and a reconciliation of the total reportable segment’s net income (loss) to the consolidated net income(loss) are as follows:
|  | Year ended June 30, 2025
|  | United Kingdom |  | APAC |  | Americas |  | Rest of world |  | Total
Revenue |  | $ | 2,868,027 |  |  | $ | 29,167 |  |  | $ | 22,638 |  |  | $ | 132,700 |  |  | $ | 3,052,532 |
Add: Government support income |  |  | 169,208 |  |  |  | 647,693 |  |  |  | - |  |  |  | - |  |  |  | 816,901 |
Less: Cost of revenue (exclusive of amortization shown separately below) |  |  | (1,722,369 | ) |  |  | (41,576 | ) |  |  | (12,988 | ) |  |  | (28,740 | ) |  |  | (1,805,673 | )
Selling, general and administrative expenses |  |  | (2,512,262 | ) |  |  | (2,928,367 | ) |  |  | (3,443,288 | ) |  |  | - |  |  |  | (8,883,917 | )
Development and regulatory approval expenses |  |  | (531,299 | ) |  |  | (910,031 | ) |  |  | (955,183 | ) |  |  | - |  |  |  | (2,396,513 | )
Depreciation and amortization |  |  | (1,168,155 | ) |  |  | (39,720 | ) |  |  | - |  |  |  | - |  |  |  | (1,207,875 | )
Impairment of long-lived assets |  |  | - |  |  |  | (220,062 | ) |  |  | - |  |  |  | - |  |  |  | (220,062 | )
Other segment items (2) |  |  | (37,123 | ) |  |  | (11,960 | ) |  |  | 88,804 |  |  |  | - |  |  |  | 39,721 |
Segment net income (loss) |  | $ | (2,933,973 | ) |  | $ | (3,474,856 | ) |  | $ | (4,300,017 | ) |  | $ | 103,960 |  |  | $ | (10,604,886 | )
Reconciliation of net income (loss) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Adjustment and reconciling items |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |
Consolidated net income (loss) |  | $ | (2,933,973 | ) |  | $ | (3,474,856 | ) |  | $ | (4,300,017 | ) |  | $ | 103,960 |  |  | $ | (10,604,886 | )
(2) | Other segment items included interest income, interest expense, realized currency loss and Fair value gain on revaluation of financial instrument.
|  | Year ended June 30, 2024
|  | United Kingdom |  | APAC |  | Americas |  | Rest of world |  | Total
Revenue (1) |  | $ | 2,894,197 |  |  | $ | 43,955 |  |  | $ | 11,407 |  |  | $ | 162,222 |  |  | $ | 3,111,781 |
Add: Government support income |  |  | 210,605 |  |  |  | 214,171 |  |  |  | - |  |  |  | - |  |  |  | 424,776 |
Less: Cost of revenue (exclusive of amortization shown separately below) (1) |  |  | (1,588,698 | ) |  |  | (52,812 | ) |  |  | (10,451 | ) |  |  | (34,194 | ) |  |  | (1,686,155 | )
Selling, general and administrative expenses |  |  | (2,983,697 | ) |  |  | (2,827,376 | ) |  |  | (3,447,423 | ) |  |  | - |  |  |  | (9,258,496 | )
Development and regulatory approval expenses |  |  | (421,499 | ) |  |  | (542,456 | ) |  |  | (709,851 | ) |  |  | - |  |  |  | (1,673,806 | )
Depreciation and amortization |  |  | (1,161,101 | ) |  |  | (40,173 | ) |  |  | - |  |  |  | - |  |  |  | (1,201,274 | )
Impairment of long-lived assets |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |
Other segment items (2) |  |  | (70,935 | ) |  |  | (81,343 | ) |  |  | 244,520 |  |  |  | - |  |  |  | 92,242 |
Segment net income (loss) |  | $ | (3,121,128 | ) |  | $ | (3,286,034 | ) |  | $ | (3,911,798 | ) |  | $ | 128,028 |  |  | $ | (10,190,932 | )
Reconciliation of net income (loss) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Adjustment and reconciling items |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |
Consolidated net income (loss) |  | $ | (3,121,128 | ) |  | $ | (3,286,034 | ) |  | $ | (3,911,798 | ) |  | $ | 128,028 |  |  | $ | (10,190,932 | )
(1) | Comparative amounts for the prior period have been reclassified to conform to current period presentations.
(2) | Other segment items included interest income, interest expense, realized currency loss and Fair value gain on revaluation of financial instrument.

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- Definition The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 21 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-21 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name 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