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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
12 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Operating activities:    
Net loss $ (2,040,000) $ (619,000)
Adjustments to reconcile net loss to net cash (used in) operating activities:    
Depreciation 3,000 0
Fair value of common stock issued upon exercise of warrants and options 0 87,000
Fair value of warrants granted for services 0 40,000
Fair value of common stock issued for services 85,000 225,000
Gain on forgiveness of PPP note payable 0 (104,000)
Loss on settlement of liabilities 0 371,000
Impairment of equipment 0 178,000
Inventory reserve 48,000 0
Loss from equity method investment 1,148,000 48,000
Distribution from equity method investment 0 26,000
Effect of changes in:    
Accounts receivable 1,000 5,000
Inventory 0 (23,000)
Prepaid expenses 38,000 (38,000)
Operating lease right-of-use assets 67,000 65,000
Accounts payable and accrued expenses (15,000) (3,000)
Accrued payroll and payroll taxes – related parties 0 (33,000)
Related party payable 0 (1,000)
Customer advances 311,000 (647,000)
Operating lease liabilities (69,000) (61,000)
Net cash used in operating activities (423,000) (484,000)
Investing activities:    
Capital contribution to equity investment 0 (1,223,000)
Cash used in investing activities 0 (1,223,000)
Financing activities:    
Proceeds from sale of common stock 0 785,000
Cash generated from financing activities 0 785,000
Net decrease in cash and cash equivalents (423,000) (922,000)
Cash and cash equivalents, beginning of period 441,000 1,363,000
Cash and cash equivalents, end of period 18,000 441,000
Supplemental disclosures of cash flow information:    
Cash paid for interest 3,000 0
Cash paid for income taxes 0 0
Liabilities settled with common stock $ 0 $ 558,000