DUE TO RELATED PARTIES

3 Months Ended

Sep. 30, 2025

Related Party Transactions [Abstract]

DUE TO RELATED PARTIES

12. DUE TO RELATED PARTIES

As of September 30, 2025 and June 30, 2025, the balance due to related parties was $2,319,237 and $1,855,948, respectively, and related to both costs paid on behalf of the Company and funding to the Company by Harthorne Capital, Inc. (“Harthorne”), an affiliate of the Company and other related party members. The balance due to related parties as of September 30, 2025, includes all salary and payroll accrual for the Company’s development and administration teams.

On June 26, 2024, the Board approved a $1.1 million convertible bridge loan to the Company by Harthorne. See details on the convertible bridge loan in Note 14 – Convertible Notes Payable – Related Parties.