FIXED ASSETS

3 Months Ended

12 Months Ended

Sep. 30, 2024

Jun. 30, 2024

Property, Plant and Equipment [Abstract]

FIXED ASSETS

5. FIXED ASSETS

The carrying basis and accumulated depreciation of fixed assets at September 30, 2024 and at June 30, 2024 is as follows:

			September 30,			June 30,
	Useful Lives		2024			2024
Property placed into service		40 years	$	4,157,698		$	856,491
Building improvements		15 years		101,376			-
Furniture and fixtures		7 years		15,017			15,017
Computer and equipment		5 years		8,782			8,782
Software		3 years		6,536			6,536
Less depreciation and amortization				(46,092	)		(32,886	)
Total fixed assets, net			$	4,243,317			853,940

The Company recorded depreciation and amortization expense of $13,206 for the quarter ended September 30, 2024, and $32,886 for the year ended June 30, 2024, respectively.

5. FIXED ASSETS

The carrying basis and accumulated depreciation of fixed assets at June 30, 2024 and 2023 is as follows:

	Useful Lives	June 30, 2024			June 30, 2023
Furniture and fixtures	7 years	$	15,017		$	15,017
Computer and equipment	5 years		3,782			5,631
Machinery	5 years		5,000			5,000
Software	3 years		6,536			26,127
Assets/property placed into service	40 years		856,491			-
Less depreciation and amortization			(32,886	)		(2,747	)
Total fixed assets, net		$	853,940			49,028