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Consolidated Statements of Cash Flows - USD ($)
12 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Cash Flows from Operating Activities    
Net loss $ (682,724) $ (9,312,145)
Adjustments to reconcile net loss to net cash from operating activities:    
Change in fair value of warrants (2,024,942)
Loss on extinguishment of warrants 285,346
Depreciation 9,467 10,385
Amortization of right of use assets 303,869 284,169
Valuation allowance for deferred tax asset 342,122
Bad debt provision 579,265
Unrealized loss on investments 354,781
Realized gain on investments (50,675)
Amortization of debt discount 1,108,088
Stock issued for services 37
Changes in operating assets and liabilities    
Accounts receivable (184,493) (449,210)
Inventory, at cost (602,836) (1,914,007)
Capital receivables of convertible notes 1,472,000
Deposits and other current assets 2,890 (303,457)
Prepaid offering costs 600,000 (1,999,475)
Deferred tax asset (209,768)
Accounts payable and accrued expenses (96,647) 42,233
Deferred revenue 126,856 (29,251)
Income tax payable (212,094) (77,377)
Accrued employee benefits, non-current 10,657 3,090
Operating lease liability (315,186) (340,897)
Net cash from activities (1,016,390) (12,253,539)
Cash Flows from Investing Activities    
Sales of investments 175,638
Investment in note receivable (2,500,000)
Net cash from investing activities 175,638 (2,500,000)
Cash Flows from Financing Activities    
Net activity on due to related parties (23,525) 14,422
Funds raised in IPO, gross 13,614,983
Funds raised in Registered Direct Offering, gross 3,496,303
Funds raised in note payables, net 212,679 1,840,000
Repurchase of warrants (896,415)
Net cash from financing activities 2,789,042 15,469,405
Foreign currency translation adjustment 3,518 (13,673)
Change in cash and cash equivalents 1,951,808 702,193
Cash and cash equivalents at beginning of period 939,014 236,821
Cash and cash equivalents at end of period 2,890,822 939,014
Supplemental Cash Flow Information    
Cash paid for interest
Cash paid for income taxes 243,294 247,313
Non-Cash Investing and Financing Activities    
Warrants issued to investor 2,569,320
Warrants issued to placement agent 119,902
Capital receivable of convertible notes 1,472,000
Operating lease liability and right of use asset 836,697
Conversion of debt to equity 3,600,000
Conversion of warrants of convertible notes to equity 820,088
Conversion of underwriter’s warrant to equity $ 37