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ASSETS HELD FOR SALE

3 Months Ended

Sep. 30, 2025

NOTE 6. ASSETS HELD FOR SALE

In September 2025, the Company reviewed its assets held for sale, to ensure they were recorded at the lower of their carrying value or fair value less costs to sell, in accordance with ASC 360, Property, Plant and Equipment. Fair value was measured on a nonrecurring basis in accordance with ASC 820, Fair Value Measurement, using a market approach adjusted for estimated transaction terms and disposal costs. Significant unobservable inputs included estimated selling price ranges derived from indicative third-party discussions, discounts for marketability, and management’s estimate of direct selling costs, resulting in a Level 3 fair value measurement within the fair value hierarchy. As a result of this analysis, the Company recorded an impairment loss of $261,780, which is reflected as “impairment of long-lived assets” on our unaudited condensed consolidated statements of operations for the three months ended September 30, 2025.

Assets held for sale consist of the following:

SCHEDULE OF ASSETS HELD FOR SALE

	September 30, 2025		June 30, 2025
Construction in progress (CIP)	$	66,020	$	327,500
Assets held for sale	$	66,020	$	327,500

The Company has not disposed of any assets held for sale during the three months ended September 30, 2025.