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Segment Information
12 Months Ended
Jun. 30, 2025
Segment Information [Abstract]  
SEGMENT INFORMATION

13. SEGMENT INFORMATION

 

The Company operates and manages its business as a single reportable segment, which is consistent with how the Chief Operating Decision Maker (“CODM”), the Chief Executive Officer, makes operating decisions and allocates resources. The CODM assesses performance and results of operations at the Company level. The Company’s operations are centralized and integrated, with financial results reviewed and managed on a consolidated basis. Accordingly, management has determined that the Company has one reportable segment under ASC Topic 280, Segment Reporting.

 

Measure of Segment Profit or Loss

 

The CODM assesses performance for the segment and decides how to allocate resources by regularly reviewing the consolidated net income from the statement of operations, after taking into account the Company’s strategic priorities, its cash balance, and its expected use of cash. The following table presents the significant expense categories in the Company’s single operating segment:

 

   For the
year ended
June 30,
2025
   For the
year ended
June 30,
2024
 
   US$   US$ 
Research and development expenses   (909,771)   (880,193)
General and administrative expenses   (2,111,265)   (1,661,379)
Other expense, net   (237,933)   (240,706)
Net Loss   (3,258,969)   (2,782,278)