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Income taxes | 12 Months Ended
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Jun. 30, 2025
Income Tax Disclosure [Abstract] |
Income taxes |
12. | Income taxes
A reconciliation of the effective tax rate to the statutory rate is shown below: Schedule of Reconciliation of Provision of Income Tax
|  | June 30, 2025 |  |  | June 30, 2024 |
Loss before taxes |  | $ | (349,227 | ) |  | $ | (9,521,488 | )
Expected income tax credit at statutory rate of 25% (2024: 25%) |  | $ | (87,307 | ) |  | $ | (2,380,372 | )
Increase (decrease) in income taxes resulting from: |  |  |  |  |  |  |  |
Change in fair value of warrants |  |  | (506,236 | ) |  |  |  |
Loss on extinguishment of warrants |  |  | 71,337 |  |  |  |  |
Valuation allowance for deferred tax asset |  |  | 388,969 |  |  |  | - |
IPO related expenses |  |  | 150,000 |  |  |  | 12,622 |
Provision for bad debt |  |  | - |  |  |  | 144,816 |
Realized gain in investments |  |  | (12,669 | ) |  |  | - |
Unrealized loss on investments |  |  | - |  |  |  | 88,695 |
Debt discount |  |  | - |  |  |  | 277,022 |
Non-taxable other income |  |  | (53,171 | ) |  |  | (30,472 | )
-Non-tax deductible personnel expenses |  |  | 42,578 |  |  |  | 29,544 |
Non-tax deductible consulting fees |  |  | 154,777 |  |  |  | 1,367,032 |
Non-tax deductible general and administrative expenses |  |  | 201,924 |  |  |  | 308,512 |
Other items, net |  |  | (16,705 | ) |  |  | (26,742 | )
Income tax expense (credit) |  | $ | 333,497 |  |  | $ | (209,343 | )
The tax effects temporary differences that gave rise to the deferred tax assets and liabilities are as follows: Schedule of Components of Deferred Tax Assets
|  | June 30, 2025 |  |  | June 30, 2024 |
Deferred tax assets: |  |  |  |  |  |  |  |
Accrued employee benefits |  | $ | 41,582 |  |  | $ | 37,199 |
Unrealized foreign exchange (gain) loss |  |  | (1,264 | ) |  |  | 10,294 |
Depreciation |  |  | (5,031 | ) |  |  | (6,783 | )
Operating right of use assets and lease liabilities |  |  | 5,692 |  |  |  | 5,639 |
Accumulated tax loss |  |  | 347,990 |  |  |  | 238,989 |
Provision for bad debt |  |  | - |  |  |  | 56,784 |
Valuation allowance for deferred tax asset |  |  | (388,969 | ) |  |  | - |
Net deferred tax asset |  | $ | - |  |  | $ | 342,122 |
As of June 30, 2025 and 2024, the Company had no provision for uncertain tax positions and no provisions for penalties or interest. In addition, the Company does not believe that there are any uncertain tax benefits that could be recognized in the near future that would impact the Company’s effective tax rate.

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