Leafbuyer (LBUY) 10-Q 19 Nov 24 2025 Q1 Quarterly report Financial data

Cover

Cover - shares	3 Months Ended
	Sep. 30, 2024	Nov. 19, 2024
Cover [Abstract]
Entity Registrant Name	LEAFBUYER TECHNOLOGIES, INC.
Entity Central Index Key	0001643721
Document Type	10-Q
Amendment Flag	false
Current Fiscal Year End Date	--06-30
Entity Small Business	true
Entity Shell Company	false
Entity Emerging Growth Company	true
Entity Current Reporting Status	Yes
Document Period End Date	Sep. 30, 2024
Entity Filer Category	Non-accelerated Filer
Document Fiscal Period Focus	Q1
Document Fiscal Year Focus	2025
Entity Ex Transition Period	true
Entity Common Stock Shares Outstanding		100,071,075
Document Quarterly Report	true
Document Transition Report	false
Entity File Number	333-206745
Entity Incorporation State Country Code	NV
Entity Tax Identification Number	38-3944821
Entity Address Address Line 1	6888 S. Clinton Street
Entity Address Address Line 2	Suite 300
Entity Address City Or Town	Greenwood Village
Entity Address State Or Province	CO
Entity Address Postal Zip Code	80112
City Area Code	720
Local Phone Number	235-0099

UNAUDITED CONDENSED CONSOLDIATE

UNAUDITED CONDENSED CONSOLDIATED BALANCE SHEETS - USD ($)	Sep. 30, 2024	Jun. 30, 2024
Current assets:
Cash and cash equivalents	$ 231,381	$ 165,332
Accounts receivable (net of allowance for doubtful accounts of $117,009 and $90,151, respectively)	91,031	83,480
Prepaid expenses and other current assets	7,229	21,208
Total current assets	329,641	270,020
Intangible assets, net	476,856	602,674
Other assets	1,000	1,000
Total assets	807,497	873,694
Current liabilities:
Accounts payable	144,356	129,367
Accrued liabilities	967,026	934,279
Deferred revenue	6,962	11,140
Notes payable to related parties	0	137,817
Notes payable	429,000	429,000
Notes payable to bank - EIDL loan	29,244	29,640
Convertible notes payable	464,802	464,802
Total current liabilities	2,041,390	2,136,045
Notes payable to bank - EIDL loan, net of current portion	412,268	419,183
Total liabilities	2,453,658	2,555,228
Equity:
Preferred Stock, value	8	8
Common stock, $0.001 par value; 700,000,000 shares authorized; 100,071,075 shares issued and outstanding at September 30, 2024 and 100,071,075 shares issued and outstanding at June 30, 2024	100,070	100,070
Additional paid in capital	23,387,064	23,363,192
Accumulated deficit	(25,133,627)	(25,145,128)
Total equity (deficit)	(1,646,161)	(1,681,534)
Total liabilities and equity	807,497	873,694
Series A Preferred Stocks [Member]
Equity:
Preferred Stock, value	$ 324	$ 324

UNAUDITED CONDENSED CONSOLDIA_2

UNAUDITED CONDENSED CONSOLDIATED BALANCE SHEETS (Parenthetical) - USD ($)	Sep. 30, 2024	Jun. 30, 2024
Allowance For Doubtful Accounts	$ 117,009	$ 90,151
Common Stock, Par Value	$ 0.001	$ 0.001
Common Stock, Shares Authorized	700,000,000	700,000,000
Common Stock, Shares Issued	100,071,075	100,071,075
Common Stock, Shares Outstanding	100,071,075	100,071,075
Preferred Stock, Par Value	$ 0.001	$ 0.001
Preferred Stock, Shares Authorized	10,000,000	10,000,000
Convertible Series A Preferred Stock [Member]
Preferred Stock, Par Value	$ 0.001	$ 0.001
Preferred Stock, Shares Issued	324,325	324,325
Preferred Stock, Shares Outstanding	324,325	324,325
Preferred Stock, Shares Designated	324,325	324,325
Convertible Series B Preferred Stock [Member]
Preferred Stock, Par Value	$ 0.001	$ 0.001
Preferred Stock, Shares Issued	7,568	7,568
Preferred Stock, Shares Outstanding	7,568	7,568
Preferred Stock, Shares Designated	27,027	27,027

UNAUDITED CONDENSED STATEMENTS

UNAUDITED CONDENSED STATEMENTS OF OPERATIONS - USD ($)	3 Months Ended
	Sep. 30, 2024	Sep. 30, 2023
UNAUDITED CONDENSED STATEMENTS OF OPERATIONS
Revenue	$ 1,609,473	$ 1,169,622
Cost of revenue	860,192	813,344
Gross profit	749,281	356,278
Operating expenses:
Selling expenses	175,728	196,371
General and administrative	541,066	520,916
Total operating expenses	716,794	717,287
Income (loss) from operations	32,487	(361,009)
Other income (expense):
Interest expense	(20,986)	(37,624)
Other Income	1	35
Other income / (expense)	(20,985)	(37,589)
Net (loss) income	$ 11,502	$ (398,598)
Earnings (loss) per common share:
Basic and diluted	$ 0	$ 0
Weighted average common shares outstanding:
Basic and diluted	100,071,075	99,428,575

UNAUDITED CONDENSED STATEMENT_2

UNAUDITED CONDENSED STATEMENTS OF STOCKHOLDERS DEFICIT - USD ($)	Total	Preferred Stock Series A	Preferred Stock Series B	Common Stock	Additional Paid-In Capital	Retained Earnings (Accumulated Deficit)
Balance, shares at Jun. 30, 2023		324,325	7,567	99,428,575
Balance, amount at Jun. 30, 2023	$ 1,278,871	$ 324	$ 8	$ 99,428	$ 23,057,067	$ (24,425,698)
Stock based compensation for employees	86,487	0	0		86,487	0
Net Loss	(398,598)	$ 0	$ 0	$ 0	0	(398,598)
Balance, shares at Sep. 30, 2023		324,325	7,567	99,428,575
Balance, amount at Sep. 30, 2023	(1,590,982)	$ 324	$ 8	$ 99,428	23,143,554	(24,834,296)
Balance, shares at Jun. 30, 2024		324,325	7,567	100,071,075
Balance, amount at Jun. 30, 2024	(1,681,534)	$ 324	$ 8	$ 100,070	23,363,192	(25,145,129)
Stock based compensation for employees	23,872	0		0	23,872
Net Loss	11,502	$ 0	$ 0	$ 0	0	11,502
Balance, shares at Sep. 30, 2024		324,325	7,567	100,071,075
Balance, amount at Sep. 30, 2024	$ (1,646,161)	$ 324	$ 8	$ 100,070	$ 23,387,064	$ (25,133,627)

UNAUDITED CONDENSED STATEMENT_3

UNAUDITED CONDENSED STATEMENTS OF CASH FLOWS - USD ($)	3 Months Ended
	Sep. 30, 2024	Sep. 30, 2023
Cash flows from operating activities:
Net income (loss)	$ 11,502	$ (398,598)
Adjustments to reconcile net income (loss) to net cash used in operating activities
Stock based compensation	23,872	86,487
Depreciation and amortization expense	125,820	181,112
Changes in assets and liabilities:
Accounts receivable	(7,551)	8,276
Prepaid expenses and other	13,979	13,536
Accounts payable	14,991	3,213
Accrued liabilities	32,742	(76,488)
Deferred revenue	(4,178)	(3,017)
Net cash provided by (used in) operating activities	211,177	(185,479)
Cash flows from financing activities:
Repayments notes payable to related parties	(137,817)	0
Repayments on notes payable	0	(50,000)
Repayments on note payable to bank under EIDL loan	(7,311)	(7,311)
Net cash provided by (used in) financing activities	(145,128)	(57,311)
Net change in cash and cash equivalents	66,049	(242,790)
Cash and cash equivalents, beginning of period	165,332	445,721
Cash and cash equivalents, end of period	231,381	202,931
SUPPLEMENTAL CASH FLOW INFORMATION:
Cash paid for interest	0	0
Cash paid for taxes	$ 0	$ 0

Description of Business

Description of Business	3 Months Ended
	Sep. 30, 2024
Description of Business
Description Of Business	Note 1 — Description of Business Description of Business The Company was founded in 2012 by a group of technology and industry veterans and provides online resources for cannabis deals and specials. Our headquarters is located in Greenwood Village, Colorado. The Company has evolved and grown as a listing website to a comprehensive marketing technology platform. Our clients, medical and recreational dispensaries in legalized cannabis states, along with cannabis product companies subscribe to our technology platform to assist in new customer acquisition and provide retention tools that include texting/loyalty and order ahead technology. Basis of Presentation The accompanying condensed balance sheet as of September 30, 2024, has been derived from audited financial statements. The accompanying unaudited interim condensed financial statements have been prepared on the same basis as the annual financial statements being audited and in accordance with accounting principles generally accepted in the United States (“GAAP”) for interim financial information and the rules and regulations of the Securities and Exchange Commission (“SEC”) for interim financial statements. In the opinion of management, such unaudited information includes all adjustments (consisting only of normal recurring accruals) necessary for a fair presentation of this interim information. All intercompany transactions have been eliminated in consolidation. Operating results and cash flows for interim periods are not necessarily indicative of results that can be expected for the entire year. The Company uses the same accounting policies in preparing quarterly and annual financial statements. Certain information and footnote disclosures normally included in the annual financial statements prepared in accordance with accounting principles generally accepted in the United States of America (“U.S. GAAP”) have been condensed or omitted. The information included in this report should be read in conjunction with our audited financial statements and notes thereto. Going Concern As of September 30, 2024, we had $231,381 in cash and cash equivalents and a working capital deficit of $1,711,749. We are dependent on funds raised through equity financing. Our accumulated deficit through September 30, 2024 of $25,133,627 was funded by debt and equity financing and we reported a net income from operations of $11,502 for the three months ended September 30, 2024. Accordingly, there is substantial doubt about our ability to continue as a going concern within one year after the date the financial statements are issued. Our ability to continue as a going concern is dependent upon our generating profitable operations in the future and / or obtaining the necessary financing to meet our obligations and repay our liabilities arising from normal business operations when they come due. Management believes that actions presently being taken to further implement our business plan of expansion of products, geographical locations we sell our services and deeper market penetration will generate additional revenues and eventually positive cash flow and provide opportunity for the Company to continue as a going concern. While we believe in the viability of our strategy to generate additional revenues and our ability to raise additional funds, there can be no assurances to that effect.

Summary of Significant Accounti

Summary of Significant Accounting Policies	3 Months Ended
	Sep. 30, 2024
Summary of Significant Accounting Policies
Summary of Significant Accounting Policies	Note 2 — Summary of Significant Accounting Policies Principles of Consolidation The condensed financial statements include the accounts of the Company and its wholly owned subsidiary, LB Media. All significant inter-company transactions and balances have been eliminated in consolidation. For a detailed discussion about the Company’s significant accounting policies, refer to Note 2 “Summary of Significant Accounting Policies,” in the Company’s financial statements included in the Company’s June 30, 2024 Form 10-K. During the three months ended September 30, 2024, there were no significant changes made to the Company’s significant accounting policies. Use of Estimates Management uses estimates and assumptions in preparing these condensed financial statements. Those estimates and assumptions affect the reported amounts of assets and liabilities, the disclosure of contingent assets and liabilities, and the reported revenues and expenses. Examples of estimates include loss contingencies; useful lives of our tangible and intangible assets; allowances for doubtful accounts; and stock-based compensation forfeiture rates. Examples of assumptions include: the elements comprising a software arrangement, including the distinction between upgrades or enhancements and new products; when technological feasibility is achieved for our products; the potential outcome of future tax consequences of events that have been recognized in our financial statements or tax returns. Actual results could materially differ from those estimates. Earnings (Loss) per Share Basic loss per share is computed by dividing net loss by the weighted-average number of common shares outstanding during the reporting period. Diluted loss per share is computed similarly to basic loss per share, except that it includes the potential dilution that could occur if dilutive securities are exercised. Dilutive instruments had no effect on the calculation of earnings or loss per share during the quarter ended September 30, 2024. Accounts Receivable and Allowance for Doubtful Accounts: Accounts Receivable from services are short-term nature of the Company’s receivables, where payment terms are typically 30 days. Receivables more than 90 days past due are considered delinquent. Delinquent receivables are evaluated and may be written off based on individual credit evaluation and specific circumstances of the customer. The Company’s allowance for credit losses considers historical experience, the age of certain receivable balances, credit history, current economic conditions and other factors that may affect the counterparty’s ability to pay. At each balance sheet date, all potentially uncollectable accounts are assessed individually for the purpose of determining the appropriate provision for doubtful accounts. Management has elected to use a credit risk-based, pool-level segmentation framework to calculate the expected loss rate. Management evaluates its experience with historical losses and then applies the historical loss ratio or its determination of risk pools may be adjusted for changes in customer, economic, market, or other circumstances. The Company may also establish an allowance for credit losses for specific receivables when it is probable that the receivable will not be collected, and the loss can be reasonably estimated. Amounts are written off against the allowance when they are considered to be collectible, and reversals of previously reserved amounts are recognized if a specifically reserved item is settled for an amount exceeding the previous estimate. Balances that are still outstanding after management has made reasonable collection efforts are written off through a charge to the valuation allowance and a credit to contract receivables. The Company’s allowance for doubtful accounts was $117,009 as of September 30, 2024 and $90,151 as of June 30, 2024. At September 30, 2024 and June 30, 2024, the Company has not incurred any material credit losses. Intangible Assets Intangible assets represent software costs were capitalized at the time of acquisition and implementation and enhancement costs during the first 2 year and are depreciated on a straight-line basis over their estimated useful lives of five to seven years. Intangible Assets - Capitalized Product Development Costs Accounting Standards Codification (“ASC”) Topic 350, “Intangibles - Goodwill and Other” includes software that is part of a product or process to be sold to a customer and shall be accounted for under Subtopic 985-20. Our products contain embedded software internally developed by FTI, which is an integral part of these products because it allows the various components of the products to communicate with each other and the products are clearly unable to function without this coding. The costs of product development that are capitalized once technological feasibility is determined (noted as Technology in progress in the Intangible Assets table, in Note 2 to Notes to Consolidated Financial Statements) include certifications, licenses, payroll, employee benefits, and other headcount-related expenses associated with product development. We determine that technological feasibility for our products is reached after all high-risk development issues have been resolved. Once the products are available for general release to our customers, we cease capitalizing the product development costs and any additional costs, if any, are expensed. The capitalized product development costs are amortized on a product-by-product basis using the straight-line amortization. The amortization begins when the products are available for general release to our customers. As of September 30, 2024 and June 30, 2024, capitalized product development costs in progress were $0, respectively. For the periods ending September 30, 2024 and June 30, 2024, we incurred $0 and $0, respectively in capitalized product development costs, and all costs incurred before technological feasibility is reached are expensed and included in our consolidated statements of comprehensive income (loss). Revenue Recognition The Company recognizes revenue in accordance with Accounting Standards Codification, or ASC, 606, the core principle of which is that an entity should recognize revenue to depict the transfer of promised goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled to receive in exchange for those goods or services. To achieve this core principle, five basic criteria must be met before revenue can be recognized: (1) identify the contract with a customer; (2) identify the performance obligations in the contract; (3) determine the transaction price; (4) allocate the transaction price to performance obligations in the contract; and (5) recognize revenue when or as the Company satisfies a performance obligation. The Company recognizes revenue from each customer contract to provide access to the technology platform for a certain period of time (typically monthly) on dates determined by the customer per order requests received by the Company. Deferred Revenue represents an obligation to provide access to our technology platform to a customer for consideration we have already received from the customer but not yet earned by the Company. Deferred Revenue as of June 30, 2024 $ 11,140 Revenue earned $ (4,178 ) Customer payments received $ - Deferred Revenue as of September 30, 2024 $ 6,962 Accounting Pronouncements – Current Adoption In June 2016, the FASB issued Accounting Standards Update (“ASU”), Financial Instruments—Credit Losses (Topic 326) Measurement of Credit Losses on Financial Instruments , In August 2020, the FASB issued ASU 2020-06, (Debt-Debt with Conversion and other Options (Subtopic 470-20) and Derivatives and Hedging – Contracts in Entity’s own Equity (Subtopic 815-40)). ASU 2020-06 requires entities to provide expanded disclosures about the terms and features of convertible instruments and reduces the number of accounting models for convertible instruments and allows more contracts to qualify for equity classification. The pronouncement is effective for public business entities that are SEC filers in fiscal years beginning after December 15, 2023, including interim periods within those fiscal years The adoption of this standard did not result in any material adjustment to the Company’s financial statements. Recently Issued Accounting Pronouncements No other recent accounting pronouncements were issued by FASB and the SEC that are believed by management to have a material impact on the Company’s present or future condensed financial statements.

Intangible Assets

Intangible Assets	3 Months Ended
	Sep. 30, 2024
Intangible Assets
Intangible Assets	Note 3 — Intangible Assets Intangible assets consisted of the following: September 30, 2024 June 30, 2024 Software platform $ 4,482,225 $ 4,482,225 Less accumulated amortization (4,005,369 ) (3,879,551 ) Total intangible assets, net $ 476,856 $ 602,674 Amortization expense, recorded as cost of revenue, related to internal use software totaled $125,820 and $724,445 for the three months ended September 30, 2024 and 2023, respectively. Amortization expenses for the future years are as follows: Year ended June 30, 2024 Amount 2025 $ 333,522 2026 143,332 Total Unamortized Expense $ 476,856

Capital Stock and Equity Transa

Capital Stock and Equity Transactions	3 Months Ended
	Sep. 30, 2024
Equity:
Capital Stock and Equity Transactions	Note 4 — Capital Stock and Equity Transactions The Company has 700,000,000 shares of common stock authorized with a par value of $0.001 per share as of September 30, 2024. On August 13, 2021 the Company filed Articles of Amendment to Amended and Restated Articles of Incorporation with the State of Nevada increasing the number of common shares from 150,000,000 to 700,000,000. In addition, the Company has 10,000,000 preferred stock authorized with a par value of $0.001 per share as of September 30, 2024. Effective October 13, 2021, the Company executed and filed with the State of Nevada a Certificate of Designation of Preferred Stock of the Corporation fixing the designations, power, preferences, and rights of the shares. The total of 324,325 shares of preferred stock series A with a par value of $0.001 per share, of the Corporation are herby designated as Series A Super Voting Preferred Stock. These shares are not entitled to receive dividends and shall not be entitled to any liquidation preference. Further the holders shall have no conversion rights and the holders shall have the right to vote in an amount equal to 600 votes per share of Series A Preferred Stock. The 7,567 shares of Series B Convertible Preferred Stock are convertible into 1,120,064 shares of common stock.

Notes Payable to Related Partie

Notes Payable to Related Parties	3 Months Ended
	Sep. 30, 2024
Notes Payable to Related Parties
Notes Payable to Related Parties	Note 5 — Notes Payable to Related Parties Notes payable to related parties consisted of the following: September 30, 2024 June 30, 2024 March 2020 $ - $ 100,000 April 2020 - 7,817 March 2024 - 30,000 Total notes payable to related parties - 137,817 Less current portion of notes payable to related parties - (137,817 ) Notes payable to related parties, less current portion $ - $ - · March 2020 - $600,000 During the year ended June 30, 2020, the Company entered into a promissory note with a related party with a face value of $600,000 in exchange for a total of $565,000 cash payments with interest rate at 12% per annum due in December 2020. The total discount of the note was amortized over the life of the note and recorded as an interest expense which matured on December 1, 2020. In January 2021, the Company repaid $300,000 and in July 2022 the Company repaid $100,000 of the note balance. The note was in default and due upon demand and the interest rate was increased to 12% as of June 30, 2024 and the outstanding loan amount of $100,000 was paid in full on September 17, 2024. As of September 30, 2024 and June 30, 2024, the total unpaid and accrued interest was $13,437 and is recorded in accrued liabilities. · April 2020 - $50,000 During the year ended June 30, 2020, the Company entered into a promissory note with a related party with a face value of $50,000 with interest rate at 10% per annum due in December 2020. In January 2021, the Company repaid $25,000 and in July 2022 repaid $17,183 of the note balance. The note was in default and the interest rate increased to 12% as of June 30, 2024 and the outstanding loan amount of $7,817 was paid in full on September 17, 2024. As of September 30, 2024 and June 30, 2024, the total unpaid and accrued interest was $2,373 and $2,240, respectively, and is recorded in accrued liabilities. · March 2024 - $65,000 During the quarter ended March 31, 2024, the Company entered into two promissory notes with related parties with a total value of $65,000 with interest rate at 12% per annum due in May 2024. During the year ended June 30, 2024, the Company paid $35,000 and the outstanding loan amount of $30,000 was paid on September 17, 2024. As of September 30, 2024 and June 30, 2024, the total unpaid and accrued interest was $3,792 and $3,206, respectively, and is recorded in accrued liabilities. Total interest expense on notes payable to related parties was $2,613 for the three months ended September 30, 2024 and $1,908 for the three months ended September 30, 2024.

Notes Payable

Notes Payable	3 Months Ended
	Sep. 30, 2024
Notes Payable
Notes Payable	Note 6 — Notes Payable Notes payable consisted of the following: September 30, 2024 June 30, 2024 November and December 2017 $ 150,000 $ 150,000 February 2018 279,000 350,000 Total notes payable 429,000 500,000 Less current portion of notes payable (429,000 ) (500,000 ) Notes payable, less current portion $ - $ - · November and December 2017 - $350,000 During the year ended June 30, 2018, the Company entered two promissory notes with an investor of the Company in the total amount of $350,000 with no interest rate due in November and December 2018. These notes are considered payable upon demand as of September 30, 2024 and June 30, 2024. During the year ended June 30, 2024 the Company paid $71,000 and intends to make monthly payments of $25,000 until the note is paid in full. · February 2018 - $150,000 During the year ended June 30, 2018, the Company issued a promissory note with an investor of the Company in the amount of $150,000 in exchange for $132,000 cash with an interest rate of 12% per annum. The loan maturity date was extended to August 8, 2019, the discount was fully amortized as of June 30, 2024 and 2023. As of June 30, 2024 and 2023, the total unpaid and accrued interest was $96,904 and $114,904, respectively, and is recorded in accrued liabilities. Total interest expense on notes payable was $4,488 and $4,500 for the three months ended September 30, 2024 and 2023.

Notes Payable to Bank EIDL Loan

Notes Payable to Bank EIDL Loan	3 Months Ended
	Sep. 30, 2024
Notes Payable to Bank EIDL Loan
Notes Payable to Bank - EIDL Loan	Note 7 — Notes Payable to Bank – EIDL Loan Notes payable to bank – EIDL loan consisted of the following: September 30, 2024 June 30, 2024 3.75% SBA EIDL Note Payable 441,512 448,823 Less current portion of notes payable to bank – EIDL loan - - Notes payable to bank – EIDL loan, less current portion $ 441,512 $ 448,823 During the year ended June 30, 2020, the Company executed the standard loan documents required for securing a loan (the “EIDL Loan”) from the United States Small Business Administration (the “SBA”) under its Economic Injury Disaster Loan (“EIDL”) assistance program in light of the impact of the COVID-19 pandemic on the Company’s business. The principal amount of the EIDL Loan is $500,000, with proceeds to be used for working capital purposes. Interest on the EIDL Loan accrues at the rate of 3.75% per annum and installment payments, including principal and interest, are due monthly beginning twelve months from the date of the EIDL Loan in the amount of $2,437. The balance of principal and interest is payable thirty years from the date of the promissory note and included as long-term debt on the balance sheet. Total interest expense on notes payable to bank was $4,128 and $4,128 for the three months ending September 30, 2024 and 2023, respectively.

Convertible Notes Payable

Convertible Notes Payable	3 Months Ended
	Sep. 30, 2024
Convertible Notes Payable
Convertible Notes Payable	Note 8 — Convertible Notes Payable Convertible notes payable consisted of the following: September 30, 2024 June 30, 2023 September 2018 220,000 220,000 March 2019 244,802 244,802 Total notes payable 464,802 464,802 Less current portion of notes payable 464,802 ) (464,802 ) Notes payable, less current portion $ - $ - · September 2018 - $220,000 During the year ended June 30, 2019, the Company entered a convertible note with an investor of the Company with a face value of $220,000 in exchange for $200,000 cash payment with an interest rate of 10% per annum. The discount of this note was amortized over the life of the note. The note is in default and payable upon demand. As of September 30, 2024 and June 30, 2024, the total unpaid and accrued interest was $155,314 and $149,829, respectively, and is recorded in accrued liabilities. · March 2019 - $640,000 During the year ended June 30, 2019, the Company entered into two promissory notes with an investor of the Company with a face value of $640,000 in exchange for a total of $600,000 cash payment. The discount of the Notes was amortized over the life of the Note and has an interest rate of 7%. The remaining principal is in default and payable upon demand and included as current debt on the balance sheet. As of September 30, 2024 and June 30, 2024, the total unpaid and accrued interest was $164,143 and $159,871, respectively, and is recorded in accrued liabilities. Total interest expense on notes payable to bank was $9,757 and $15,796 for the three months ending September 30, 2024 and 2023, respectively.

Income Taxes

Income Taxes	3 Months Ended
	Sep. 30, 2024
Income Taxes
Income Taxes	Note 9 – Income Taxes The Company accounts for income taxes in accordance with ASC 740, Income Taxes (“ASC 740”), which requires the use of the asset and liability method. Deferred tax assets and liabilities are recognized for the expected future tax consequences of temporary differences between the carrying amounts of assets and liabilities for financial reporting purposes and the amounts used for income tax purposes. Deferred tax assets are also recognized for net operating losses (NOLs) and tax credit carryforwards. Provision for Income Taxes The components of the provision for income taxes are as follows: Period Ended September 30, 2024 June 30, 2024 Current Federal - - State - - Total current $ - $ - Deferred Federal - - State - - Total deferred $ - $ - Total $ - $ - Deferred Tax Assets and Liabilities Significant components of the Company’s deferred tax assets and liabilities as of September 30, 2024 and June 30, 2024, are as follows: Period Ended September 30, 2024 June 30, 2023 Deferred tax assets: Net operating loss carryforwards $ 10,728,983 $ 10,728,983 Other temporary differences 2,306,450 2,306,450 Total deferred tax assets 13,035,433 13,035,433 Change in valuation allowance (13,035,433 ) (13,035,433 ) Effective income tax rate $ - $ - Valuation Allowance The Company has established a full valuation allowance against its net deferred tax assets as of September 30, 2024 and June 30, 2024. The valuation allowance was recorded because it is more likely than not that the Company will not realize its deferred tax assets, primarily due to cumulative losses incurred in recent years. Unrecognized Tax Benefits The Company has no unrecognized tax benefits as of September 30, 2024 and June 30, 2024. The Company files income tax returns in the U.S. federal jurisdiction and is subject to income tax examinations by federal tax authorities for tax years ended 2019 and later. The Company currently is not under examination by any tax authority. The Company’s policy is to record interest and penalties on uncertain tax positions as income tax expense.

Commitments and Contingencies

Commitments and Contingencies	3 Months Ended
	Sep. 30, 2024
Commitments and contingencies (Note 10)
Commitments and Contingencies	Note 10 — Commitments and Contingencies The Company records tax contingencies when the exposure item becomes probable and reasonably estimable. As of September 30, 2024, the Company had a tax contingency related to stock options granted below the fair market value on date of grant. The Company is in the process of determining the possible exposure and necessary expense accrual for the related tax, penalties and interest. Management has not been able to determine the amount as of the date of this report, however, does not expect the amount to be material to the financial statements. To the best of the Company’s knowledge and belief, no legal proceedings of merit are currently pending or threatened against the Company.

Risks and Uncertainties

Risks and Uncertainties	3 Months Ended
	Sep. 30, 2024
Risks and Uncertainties
Risks and Uncertainties	Note 11 — Risks and Uncertainties The Company does not have a concentration of revenues from any individual customer (less than 10%). The Company operates in a rapidly evolving and highly regulated industry and will only conduct business in state legal cannabis markets.

Stock Based Compensation

Stock Based Compensation	3 Months Ended
	Sep. 30, 2024
Stock Based Compensation
Stock Based Compensation	Note 12 — Stock Based Compensation The equity incentive plan of the Company was established in February of 2017. The Board of Directors of the Company may from time to time, in its discretion grant to directors, officers, consultants and employees of the Company, non-transferable options to purchase common shares, provided that the number of options issued do not exceed 25,000,000. The options are exercisable for a period of up to 4 years from the date of the grant. The number of shares authorized to be issued under the equity incentive plan was increased from 10,000,000 to 25,000,000 through consent of stockholders to amend and restate the equity incentive plan. The average fair value of stock options granted was estimated to be $0.14 and $0.07 per share for the period ended September 30, 2024 and June 30, 2024. This estimate was made using the Black-Scholes option pricing model and the following weighted average assumptions: 2024 Expected option life (years) 2-4 Expected stock price volatility 227to254 % Expected dividend yield - Risk-free interest rate 0.44to0.54 % A summary of option activity under the employee share option plan as of June 30, 2024 and 2023 and changes during the year then ended is presented below. Shares Weighted- Average Exercise Price Weighted- Average Remaining Contractual Price Aggregate Intrinsic Value Options: Outstanding at July 1, 2024 4,150,000 $ 0.08 Granted - $ 0.04 Exercised, converted - $ 0.00 Forfeited / exchanged / modification - - Outstanding at September 30, 2024 4,150,000 $ 0.06 Exercisable at September 30, 2024 4,150,000 $ 0.06 0.3 Number of options available for grant at end of period 10,617,326 A summary of the status of the Company’s nonvested shares as of and for the period ended September 30, 2024 is presented below Options Shares Weighted-Average Grant-Date Fair Value Nonvested at July 1, 2024 - $ - Granted - $ - Vested - $ - Forfeited - $ - Nonvested at September 30, 2024 - $ - Stock-based compensation expense attributable to stock options was approximately $23,873 and $86,487 for the three months ended September 30, 2024 and 2023, respectively. As of September 30, 2024 and June 30, 2024, there was approximately $23,633 and $47,535, respectively, of unrecognized compensation expense related to the stock options outstanding, and the weighted average vesting period for those options was less than a year. Warrants At September 30, 2024, the Company had no outstanding warrants to purchase the Company’s common stock as the warrants previously outstanding expired on July 8, 2024. At June 30, 2024, the Company had outstanding warrants to purchase the Company’s common stock which were issued in connection with multiple financing arrangements. Information relating to these warrants is summarized as follows: Warrants Remaining Number Outstanding Weighted Average Remaining Life (Years) Weighted Average Exercise Price Warrants - Securities Purchase Agreement 360,577 0.02 0.78 Warrants A - Securities Purchase Agreement 28,072,364 0.02 $ 0.17 Total 28,432,941 Aggregate intrinsic value at June 30, 2024 $ 0

Related Party Transactions

Related Party Transactions	3 Months Ended
	Sep. 30, 2024
Related Party Transactions
Related Party Transactions	Note 13 — Related Party Transactions The Company had the following related party transactions: · Notes payable to related parties: o March 2020 - $600,000 During the year ended June 30, 2020, the Company entered into a promissory note with the Chief Executive Officer with a face value of $600,000 in exchange for a total of $565,000 cash payments with interest rate at 12% per annum due in December 2020. The total discount of the note was amortized over the life of the note and recorded as an interest expense which matured on December 1, 2020. In January 2021, the Company repaid $300,000 and in July 2022 the Company repaid $100,000 of the note balance. The note was in default and due upon demand and the interest rate was increased to 12% as of June 30, 2024 and the outstanding loan amount of $100,000 was paid in full on September 17, 2024. As of September 30, 2024 and June 30, 2024, the total unpaid and accrued interest was $13,437 and is recorded in accrued liabilities. o April 2020 - $50,000 During the year ended June 30, 2020, the Company entered into a promissory note with the Chief Technology officer for $50,000 with interest rate at 10% per annum due in December 2020. In January 2021, the Company repaid $25,000 and in July 2022 repaid $17,183 of the note balance. The note was in default and the interest rate increased to 12% as of June 30, 2024 and the outstanding loan amount of $7,817 was paid in full on September 17, 2024. As of September 30, 2024 and June 30, 2024, the total unpaid and accrued interest was $2,373 and $2,240, respectively, and is recorded in accrued liabilities. o March 2024 - $65,000 During the quarter ended March 31, 2024, the Company entered into two promissory notes with the executives of the Company with a total value of $65,000 with interest rate at 12% per annum due in May 2024. During the year ended June 30, 2024, the Company paid $35,000 and the outstanding loan amount of $30,000 was paid on September 17, 2024. As of September 30, 2024 and June 30, 2024, the total unpaid and accrued interest was $3,792 and $3,206, respectively, and is recorded in accrued liabilities. Total interest expense on notes payable to related parties was $2,613 for the three month ended September 30, 2024 and $1,908 for the three months ended September 30, 2024.

Leases

Leases	3 Months Ended
	Sep. 30, 2024
Leases
Leases	Note 14 — Leases On January 1, 2024 the Company extended its Denver, Colorado headquarter lease for 12 months through December 31, 2024. During the past fiscal year, a majority of the Company’s employees have been working remotely and the Company does not know if they will continue to keep this location or relocate to a small facility. Therefore, in accordance with ASC 842 the Company will not record an operating right of use asset and operating lease liability because of the short-term nature of this amendment. The Company will recognize lease expenses on a monthly basis through the life of this lease of approximately $41,000.

Subsequent Events

Subsequent Events	3 Months Ended
	Sep. 30, 2024
Subsequent Events
Subsequent Events	Note 15 — Subsequent Events The Company evaluated all events or transactions that occurred after September 30, 2024, through November 19 2024. The Company determined that it does not have any subsequent event requiring recording or disclosure in the financial statements for the period ended September 30, 2024 .

Summary of Significant Accoun_2

Summary of Significant Accounting Policies (Policies)	3 Months Ended
	Sep. 30, 2024
Summary of Significant Accounting Policies
Principles Of Consolidation	The condensed financial statements include the accounts of the Company and its wholly owned subsidiary, LB Media. All significant inter-company transactions and balances have been eliminated in consolidation. For a detailed discussion about the Company’s significant accounting policies, refer to Note 2 “Summary of Significant Accounting Policies,” in the Company’s financial statements included in the Company’s June 30, 2024 Form 10-K. During the three months ended September 30, 2024, there were no significant changes made to the Company’s significant accounting policies.
Use Of Estimates	Management uses estimates and assumptions in preparing these condensed financial statements. Those estimates and assumptions affect the reported amounts of assets and liabilities, the disclosure of contingent assets and liabilities, and the reported revenues and expenses. Examples of estimates include loss contingencies; useful lives of our tangible and intangible assets; allowances for doubtful accounts; and stock-based compensation forfeiture rates. Examples of assumptions include: the elements comprising a software arrangement, including the distinction between upgrades or enhancements and new products; when technological feasibility is achieved for our products; the potential outcome of future tax consequences of events that have been recognized in our financial statements or tax returns. Actual results could materially differ from those estimates.
Earnings (Loss) per Share	Basic loss per share is computed by dividing net loss by the weighted-average number of common shares outstanding during the reporting period. Diluted loss per share is computed similarly to basic loss per share, except that it includes the potential dilution that could occur if dilutive securities are exercised. Dilutive instruments had no effect on the calculation of earnings or loss per share during the quarter ended September 30, 2024.
Accounts Receivable and Allowance for Doubtful Accounts	Accounts Receivable from services are short-term nature of the Company’s receivables, where payment terms are typically 30 days. Receivables more than 90 days past due are considered delinquent. Delinquent receivables are evaluated and may be written off based on individual credit evaluation and specific circumstances of the customer. The Company’s allowance for credit losses considers historical experience, the age of certain receivable balances, credit history, current economic conditions and other factors that may affect the counterparty’s ability to pay. At each balance sheet date, all potentially uncollectable accounts are assessed individually for the purpose of determining the appropriate provision for doubtful accounts. Management has elected to use a credit risk-based, pool-level segmentation framework to calculate the expected loss rate. Management evaluates its experience with historical losses and then applies the historical loss ratio or its determination of risk pools may be adjusted for changes in customer, economic, market, or other circumstances. The Company may also establish an allowance for credit losses for specific receivables when it is probable that the receivable will not be collected, and the loss can be reasonably estimated. Amounts are written off against the allowance when they are considered to be collectible, and reversals of previously reserved amounts are recognized if a specifically reserved item is settled for an amount exceeding the previous estimate. Balances that are still outstanding after management has made reasonable collection efforts are written off through a charge to the valuation allowance and a credit to contract receivables. The Company’s allowance for doubtful accounts was $117,009 as of September 30, 2024 and $90,151 as of June 30, 2024. At September 30, 2024 and June 30, 2024, the Company has not incurred any material credit losses.
Intangible Assets	Intangible assets represent software costs were capitalized at the time of acquisition and implementation and enhancement costs during the first 2 year and are depreciated on a straight-line basis over their estimated useful lives of five to seven years.
Intangible Assets - Capitalized Product Development Costs policy	Accounting Standards Codification (“ASC”) Topic 350, “Intangibles - Goodwill and Other” includes software that is part of a product or process to be sold to a customer and shall be accounted for under Subtopic 985-20. Our products contain embedded software internally developed by FTI, which is an integral part of these products because it allows the various components of the products to communicate with each other and the products are clearly unable to function without this coding. The costs of product development that are capitalized once technological feasibility is determined (noted as Technology in progress in the Intangible Assets table, in Note 2 to Notes to Consolidated Financial Statements) include certifications, licenses, payroll, employee benefits, and other headcount-related expenses associated with product development. We determine that technological feasibility for our products is reached after all high-risk development issues have been resolved. Once the products are available for general release to our customers, we cease capitalizing the product development costs and any additional costs, if any, are expensed. The capitalized product development costs are amortized on a product-by-product basis using the straight-line amortization. The amortization begins when the products are available for general release to our customers. As of September 30, 2024 and June 30, 2024, capitalized product development costs in progress were $0, respectively. For the periods ending September 30, 2024 and June 30, 2024, we incurred $0 and $0, respectively in capitalized product development costs, and all costs incurred before technological feasibility is reached are expensed and included in our consolidated statements of comprehensive income (loss).
Revenue Recognition	The Company recognizes revenue in accordance with Accounting Standards Codification, or ASC, 606, the core principle of which is that an entity should recognize revenue to depict the transfer of promised goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled to receive in exchange for those goods or services. To achieve this core principle, five basic criteria must be met before revenue can be recognized: (1) identify the contract with a customer; (2) identify the performance obligations in the contract; (3) determine the transaction price; (4) allocate the transaction price to performance obligations in the contract; and (5) recognize revenue when or as the Company satisfies a performance obligation. The Company recognizes revenue from each customer contract to provide access to the technology platform for a certain period of time (typically monthly) on dates determined by the customer per order requests received by the Company. Deferred Revenue represents an obligation to provide access to our technology platform to a customer for consideration we have already received from the customer but not yet earned by the Company. Deferred Revenue as of June 30, 2024 $ 11,140 Revenue earned $ (4,178 ) Customer payments received $ - Deferred Revenue as of September 30, 2024 $ 6,962
Accounting Pronouncements - Current Adoption	In June 2016, the FASB issued Accounting Standards Update (“ASU”), Financial Instruments—Credit Losses (Topic 326) Measurement of Credit Losses on Financial Instruments , In August 2020, the FASB issued ASU 2020-06, (Debt-Debt with Conversion and other Options (Subtopic 470-20) and Derivatives and Hedging – Contracts in Entity’s own Equity (Subtopic 815-40)). ASU 2020-06 requires entities to provide expanded disclosures about the terms and features of convertible instruments and reduces the number of accounting models for convertible instruments and allows more contracts to qualify for equity classification. The pronouncement is effective for public business entities that are SEC filers in fiscal years beginning after December 15, 2023, including interim periods within those fiscal years The adoption of this standard did not result in any material adjustment to the Company’s financial statements.
Recently Issued Accounting Pronouncements	No other recent accounting pronouncements were issued by FASB and the SEC that are believed by management to have a material impact on the Company’s present or future condensed financial statements.

Summary of Significant Accoun_3

Summary of Significant Accounting Policies (Tables)	3 Months Ended
	Sep. 30, 2024
Summary of Significant Accounting Policies
Summary of Deferred Revenue	Deferred Revenue as of June 30, 2024 $ 11,140 Revenue earned $ (4,178 ) Customer payments received $ - Deferred Revenue as of September 30, 2024 $ 6,962

Intangible Assets (Tables)

Intangible Assets (Tables)	3 Months Ended
	Sep. 30, 2024
Intangible Assets
Schedule of Fixed Assets and Intangible Assets	September 30, 2024 June 30, 2024 Software platform $ 4,482,225 $ 4,482,225 Less accumulated amortization (4,005,369 ) (3,879,551 ) Total intangible assets, net $ 476,856 $ 602,674
Schedule of Amortization Expense	Year ended June 30, 2024 Amount 2025 $ 333,522 2026 143,332 Total Unamortized Expense $ 476,856

Notes Payable to Related Part_2

Notes Payable to Related Parties (Tables)	3 Months Ended
	Sep. 30, 2024
Notes Payable to Related Parties
Schedule of Notes Payable to Related Parties	September 30, 2024 June 30, 2024 March 2020 $ - $ 100,000 April 2020 - 7,817 March 2024 - 30,000 Total notes payable to related parties - 137,817 Less current portion of notes payable to related parties - (137,817 ) Notes payable to related parties, less current portion $ - $ -

Notes Payable (Tables)

Notes Payable (Tables)	3 Months Ended
	Sep. 30, 2024
Notes Payable
Schedule of Notes Payable	September 30, 2024 June 30, 2024 November and December 2017 $ 150,000 $ 150,000 February 2018 279,000 350,000 Total notes payable 429,000 500,000 Less current portion of notes payable (429,000 ) (500,000 ) Notes payable, less current portion $ - $ -

Notes Payable to Bank EIDL Lo_2

Notes Payable to Bank EIDL Loan (Tables)	3 Months Ended
	Sep. 30, 2024
Notes Payable to Bank EIDL Loan
Schedule of Notes Payable to Bank - EIDL Loan	September 30, 2024 June 30, 2024 3.75% SBA EIDL Note Payable 441,512 448,823 Less current portion of notes payable to bank – EIDL loan - - Notes payable to bank – EIDL loan, less current portion $ 441,512 $ 448,823

Convertible Notes Payable (Tabl

Convertible Notes Payable (Tables)	3 Months Ended
	Sep. 30, 2024
Convertible Notes Payable
Schedule of Convertible Notes Payable	September 30, 2024 June 30, 2023 September 2018 220,000 220,000 March 2019 244,802 244,802 Total notes payable 464,802 464,802 Less current portion of notes payable 464,802 ) (464,802 ) Notes payable, less current portion $ - $ -

Income Taxes (Tables)

Income Taxes (Tables)	3 Months Ended
	Sep. 30, 2024
Income Taxes
Schedule of the Provision for Income Taxes	Period Ended September 30, 2024 June 30, 2024 Current Federal - - State - - Total current $ - $ - Deferred Federal - - State - - Total deferred $ - $ - Total $ - $ -
Schedule of Deferred Tax Assets and Liabilities	Period Ended September 30, 2024 June 30, 2023 Deferred tax assets: Net operating loss carryforwards $ 10,728,983 $ 10,728,983 Other temporary differences 2,306,450 2,306,450 Total deferred tax assets 13,035,433 13,035,433 Change in valuation allowance (13,035,433 ) (13,035,433 ) Effective income tax rate $ - $ -

Stock Based Compensation (Table

Stock Based Compensation (Tables)	3 Months Ended
	Sep. 30, 2024
Stock Based Compensation
Schedule of weighted average assumptions	2024 Expected option life (years) 2-4 Expected stock price volatility 227to254 % Expected dividend yield - Risk-free interest rate 0.44to0.54 %
Schedule of Stock Option Activity	Shares Weighted- Average Exercise Price Weighted- Average Remaining Contractual Price Aggregate Intrinsic Value Options: Outstanding at July 1, 2024 4,150,000 $ 0.08 Granted - $ 0.04 Exercised, converted - $ 0.00 Forfeited / exchanged / modification - - Outstanding at September 30, 2024 4,150,000 $ 0.06 Exercisable at September 30, 2024 4,150,000 $ 0.06 0.3 Number of options available for grant at end of period 10,617,326
Schedule of Nonvested Shares	Options Shares Weighted-Average Grant-Date Fair Value Nonvested at July 1, 2024 - $ - Granted - $ - Vested - $ - Forfeited - $ - Nonvested at September 30, 2024 - $ -
Summary of Warrant Outstanding	Warrants Remaining Number Outstanding Weighted Average Remaining Life (Years) Weighted Average Exercise Price Warrants - Securities Purchase Agreement 360,577 0.02 0.78 Warrants A - Securities Purchase Agreement 28,072,364 0.02 $ 0.17 Total 28,432,941 Aggregate intrinsic value at June 30, 2024 $ 0

Description of Business (Detail

Description of Business (Details Narrative) - USD ($)	3 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Jun. 30, 2024
Description of Business
Cash and cash equivalents	$ 231,381
Accumulated deficit	(25,133,627)		$ (25,145,128)
Working capital deficit	(1,711,749)
Net income	$ 11,502	$ (398,598)

Summary of Significant Accoun_4

Summary of Significant Accounting Policies (Details)	3 Months Ended
	Sep. 30, 2024 USD ($)
Summary of Significant Accounting Policies
Deferred Revenue as Beginning balance	$ 11,140
Revenue earned	(4,178)
Customer payments received	0
Deferred Revenue as Ending balance	$ 6,962

Summary of Significant Accoun_5

Summary of Significant Accounting Policies (Details Narrative) - USD ($)	3 Months Ended	12 Months Ended
	Sep. 30, 2024	Jun. 30, 2024
Summary of Significant Accounting Policies
Allowance for doubtful accounts	$ 117,009	$ 90,151
Capitalized product development costs	0	0
Capitalized product development costs during period	$ 0	$ 0
Desription of Fixed assets and intangible depreciation	acquisition and implementation and enhancement costs during the first 2 year and are depreciated on a straight-line basis over their estimated useful lives of five to seven years

Intangible Assets (Details)

Intangible Assets (Details) - USD ($)	Sep. 30, 2024	Jun. 30, 2024
Intangible Assets
Software platform	$ 4,482,225	$ 4,482,225
Less accumulated amortization	(4,005,369)	(3,879,551)
Total intangible assets, net	$ 476,856	$ 602,674

Intangible Assets (Details 1)

Intangible Assets (Details 1) - USD ($)	Sep. 30, 2024	Jun. 30, 2024
Intangible Assets
2025	$ 333,522
2026	143,332
Total Unamortized expense	$ 476,856	$ 602,674

Intangible Assets (Details Narr

Intangible Assets (Details Narrative) - USD ($)	3 Months Ended
	Sep. 30, 2024	Sep. 30, 2023
Intangible Assets
Amortization expense	$ 125,820	$ 724,445

Capital Stock and Equity Tran_2

Capital Stock and Equity Transactions (Details Narrative) - $ / shares		3 Months Ended
	Aug. 13, 2021	Sep. 30, 2024	Jun. 30, 2024	Oct. 13, 2021
Common stock, shares authorized		700,000,000	700,000,000
Common stock, par value		$ 0.001	$ 0.001
Articles of Amendment	the Company filed Articles of Amendment to Amended and Restated Articles of Incorporation with the State of Nevada increasing the number of common shares from 150,000,000 to 700,000,000
Preferred stock, shares authorized		10,000,000	10,000,000
Preferred stock, par value		$ 0.001	$ 0.001
Series B Preferred Stock [Member]
Aggeregate shares of common stock		7,567
Common stock shares issued upon conversion of preferred stock		1,120,064
Series A Preferred Stocks [Member]
Designated preferred stock shares, par value				$ 0.001
Voting right		600 votes per share
Designated preferred stock shares				324,325

Notes Payable to Related Part_3

Notes Payable to Related Parties (Details) - USD ($)	Sep. 30, 2024	Jun. 30, 2024
Total notes payable to related parties	$ 0	$ 137,817
Less current portion of notes payable to related parties	0	(137,817)
Notes payable to related parties, less current portion	0	0
March 2020 [Member]
Total notes payable to related parties	0	100,000
April 2020 [Member]
Total notes payable to related parties	0	7,817
March 2024 [Member]
Total notes payable to related parties	$ 0	$ 30,000

Notes Payable to Related Part_4

Notes Payable to Related Parties (Details Narrative) - USD ($)	1 Months Ended	3 Months Ended			12 Months Ended
	Jul. 24, 2022	Sep. 30, 2024	Mar. 31, 2024	Sep. 30, 2023	Jun. 30, 2020	Sep. 17, 2024	Jun. 30, 2024
Repaymnet of promissory note		$ 0		$ 50,000
Interest expense related parties		2,613		$ 1,908
March 2020 [Member]
Debt maturity date					Dec. 01, 2020
Increasing interest rate					12%
Unpaid and accrued interest		13,437					$ 13,437
Interest Rate					12%
Promissory note face value					$ 600,000
Cash payment					565,000
Repaymnet of promissory note					$ 300,000
April 2020 [Member]
Increasing interest rate					12%
Unpaid and accrued interest		2,373					2,240
Interest Rate					10%
Outstanding loan amount						$ 7,817
Promissory note face value					$ 50,000
Repaymnet of promissory note	$ 17,183				$ 25,000
March 2024 [Member]
Unpaid and accrued interest		3,792					$ 3,206
Interest Rate			12%
Outstanding loan amount						$ 30,000
Promissory note face value			$ 65,000
Repaymnet of promissory note		$ 35,000

Notes Payable (Details)

Notes Payable (Details) - USD ($)	Sep. 30, 2024	Jun. 30, 2024
Total notes payable	$ 429,000	$ 500,000
Less current portion of notes payables	(429,000)	(500,000)
Notes payable, less current portion	0	0
November and December 2017 [Member]
Total notes payable	150,000	150,000
February 2018 [Member]
Total notes payable	$ 279,000	$ 350,000

Notes Payable (Details Narrativ

Notes Payable (Details Narrative) - USD ($)	3 Months Ended		12 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Jun. 30, 2024	Jun. 30, 2018	Jun. 30, 2023
Notes payable	$ 429,000		$ 429,000
Interest expense notes payable	$ 4,488	$ 4,500
Investor [Member] | November and December 2017 [Member]
Payment of loan			71,000
Repayment of debt monthly payments			25,000
Notes payable				$ 350,000
Investor [Member] | February 2018 [Member]
Notes payable				150,000
Debt instrument, exchange amount				$ 132,000
Debt instrument maturity date				Aug. 08, 2019
Interest rate				12%
Unpaid principal and interest amount			$ 96,904		$ 114,904

Notes Payable to Bank EIDL Lo_3

Notes Payable to Bank EIDL Loan (Details) - USD ($)	Sep. 30, 2024	Jun. 30, 2024
Less current portion of notes payable to bank - EIDL loan	$ 0	$ 0
Notes payable to bank - EIDL loan, less current portion	441,512	448,823
SBA EIDL Note Payable [Member]
Notes payable to bank	$ 441,512	$ 448,823

Notes Payable to Bank EIDL Lo_4

Notes Payable to Bank EIDL Loan (Details Narrative) - USD ($)	3 Months Ended		12 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Jun. 30, 2020
Interest expense	$ 4,128	$ 4,128
Economic Injury Disaster Loan [Member]
EID Loan amount			$ 500,000
Interest Rate			3.75%
Loan amount			$ 2,437

Convertible Notes Payable (Deta

Convertible Notes Payable (Details) - USD ($)	Sep. 30, 2024	Jun. 30, 2024	Jun. 30, 2023
Total convertible note payable	$ 464,802		$ 464,802
Less current portion of notes payables	(464,802)	$ (464,802)	(464,802)
Notes payable, less current portion	0		0
Convertible Notes Payable One [Member]
Total convertible note payable	220,000		220,000
Convertible Notes Payable Two [Member]
Total convertible note payable	$ 244,802		$ 244,802

Convertible Notes Payable (De_2

Convertible Notes Payable (Details Narrative) - USD ($)	3 Months Ended		12 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Jun. 30, 2019	Jun. 30, 2024
Total interest expense	$ 9,757	$ 15,796
Investors [Member] | One Promissory Notes [Member]
Unpaid principal and interest amount	155,314			$ 149,829
Interest Rate			10%
Note issued			$ 220,000
Exchange for cash payment			$ 200,000
Investors [Member] | Two Promissory Notes [Member]
Unpaid principal and interest amount	$ 164,143			$ 159,871
Interest Rate			7%
Note issued			$ 640,000
Exchange for cash payment			$ 600,000

Income Taxes (Details)

Income Taxes (Details) - USD ($)	3 Months Ended	12 Months Ended
	Sep. 30, 2024	Jun. 30, 2023
Current
Federal	$ 0	$ 0
State	0	0
Total current	0	0
Deferred
Federal	0	0
State	0	0
Total deferred	0	0
Total	$ 0	$ 0

Income Taxes (Details 1)

Income Taxes (Details 1) - USD ($)	3 Months Ended	12 Months Ended
	Sep. 30, 2024	Jun. 30, 2023
Income Taxes
Effective income tax rate	$ 0	$ 0
Net operating loss carry forwards	10,728,983	10,728,983
Other temporary differences	2,306,450	2,306,450
Total deferred tax assets	13,035,433	13,035,433
Change in valuation allowance	$ (13,035,433)	$ (13,035,433)

Stock Based Compensation (Detai

Stock Based Compensation (Details)	3 Months Ended
	Sep. 30, 2024
Stock Based Compensation
Expected option life (years), minimum	2 years
Expected option life (years), maximum	4 years
Expected stock price volatility, minimum	227%
Expected stock price volatility, maximum	254%
Risk-free interest rate, minimum	0.44%
Risk-free interest rate, maximum	0.54%

Stock Based Compensation (Det_2

Stock Based Compensation (Details 1) - Stock Option [Member]	3 Months Ended
	Sep. 30, 2024 $ / shares shares
Outstanding beginning balance	4,150,000
Granted	0
Exercised, converted	0
Forfeited exchanged modification	0
Outstanding ending balance	4,150,000
Number of options available for Exercisable	4,150,000
Number of options available for grant at end of period	10,617,326
Weighted average exercise price outstanding at beginning of period | $ / shares	$ 0.08
Weighted-average exercise price, granted | $ / shares	0.04
Weighted-average exercise price, exercised, converted | $ / shares	0
Weighted-average exercise price, forfeited / exchanged / modification | $ / shares	0
Weighted average exercise price outstanding at ending of period | $ / shares	0.06
Weighted-average exercise price exercisable | $ / shares	$ 0.06
Weighted-average remaining contractual price, exercisable	3 months 18 days

Stock Based Compensation (Det_3

Stock Based Compensation (Details 2)	3 Months Ended
	Sep. 30, 2024 $ / shares shares
Stock Based Compensation
Options, nonvested beginning balance | shares	0
Options, granted | shares	0
Options, vested | shares	0
Options, forfeited | shares	0
Options, nonvested ending balance | shares	0
Weighted-average grant-date fair falue, nonvested beginning | $ / shares	$ 0
Weighted-average grant-date fair falue, granted | $ / shares	0
Weighted-average grant-date fair falue, vested | $ / shares	0
Weighted-average grant-date fair falue, forfeited | $ / shares	0
Weighted-average grant-date fair falue, nonvested ending | $ / shares	$ 0

Stock Based Compensation (Det_4

Stock Based Compensation (Details 3)	12 Months Ended
	Jun. 30, 2024 USD ($) $ / shares shares
Warrants - Securities Purchase Agreement [Member]
Total	360,577
Weighted Average Remaining Life (Years)	7 days
Weighted Average Exercise Price | $ / shares	$ 0.78
Warrants A - Securities Purchase Agreement [Member]
Total	28,072,364
Weighted Average Remaining Life (Years)	7 days
Weighted Average Exercise Price | $ / shares	$ 0.17
Total [Member]
Total	28,432,941
Aggregate Intrinsic Value | $	$ 0

Stock Based Compensation (Det_5

Stock Based Compensation (Details Narrative) - USD ($)	3 Months Ended		12 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Jun. 30, 2023	Jun. 30, 2024
Average fair value of stock options granted	$ 0.14		$ 0.07
Stock based compensation	$ 23,873	$ 86,487
Stock Option [Member]
Unrecognized compensation expense	$ 23,633			$ 47,535
Weighted average vesting period	4 years
Stock Option [Member] | Equity Incentive Plan 2017 [Member]
Description for shares issuable upon exercise of optionsF	The number of shares authorized to be issued under the equity incentive plan was increased from 10,000,000 to 25,000,000 through consent of stockholders to amend and restate the equity incentive plan
Options issued for purchase of common shares	25,000,000

Related Party Transactions (Det

Related Party Transactions (Details Narrative) - USD ($)	1 Months Ended		3 Months Ended			12 Months Ended
	Jul. 31, 2022	Jan. 31, 2021	Sep. 30, 2024	Mar. 31, 2024	Sep. 30, 2023	Jun. 30, 2020	Sep. 17, 2024	Jun. 30, 2024
Interest expense related parties			$ 2,613		$ 1,908
Repaymnet of promissory note			0		$ 50,000
April 2020 [Member] | Chief Technology Officer [Member]
Unpaid principal and interest amount			2,373					$ 2,240
Interest rate						10%
Maturity date						December 2020
Convertible promissory note						$ 50,000
Repaymnet of promissory note	$ 17,183					$ 25,000
Outstanding loan amount							$ 7,817
Increasing interest rate						12%
Chief Executive Officer [Member]
Unpaid principal and interest amount			$ 13,437					13,437
Interest rate			12%
Convertible promissory note						$ 600,000
Cash payments in exchange of promissory note						$ 565,000
Maturity date			December 2020
Repaymnet of promissory note	$ 100,000	$ 300,000
Outstanding loan amount							100,000
Increasing interest rate						12%
March 2024 [Member]
Unpaid principal and interest amount			$ 3,792					$ 3,206
Maturity date				May 2024
Repaymnet of promissory note			$ 35,000
Outstanding loan amount							$ 30,000
Promissory note face value				$ 65,000
Interest Rate				12%

Leases (Details Narrative)

Leases (Details Narrative)	3 Months Ended
	Sep. 30, 2024 USD ($)
Leases
Recognized lease expense, description	The Company will recognize lease expenses on a monthly basis through the life of this lease of approximately $41,000
Recognized lease expense	$ 41,000
Lease term	12 months