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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
Dec. 31, 2024
Jun. 30, 2024
Current assets:    
Cash and cash equivalents $ 681,000 $ 179,000
Inventory 11,000 0
Prepaid expenses 9,000 16,000
Total current assets 701,000 195,000
Equity method investment 1,000 1,000
Operating lease right-of-use asset 6,000 42,000
Other assets 10,000 10,000
Total assets 718,000 248,000
Current liabilities:    
Accounts payable and accrued expenses 164,000 129,000
Accrued payroll and payroll taxes – related parties 434,000 414,000
Note payable 9,000 9,000
Operating lease liability, current portion 6,000 46,000
Total current liabilities 613,000 598,000
Note payable, non-current 128,000 130,000
Total liabilities 741,000 728,000
Commitments and contingencies
Stockholders’ deficit:    
Preferred stock, $0.001 par value, 10,000,000 shares authorized, no shares issued and outstanding as of December 31, 2024 and June 30, 2024 0 0
Common stock, $0.001 par value, 1,000,000,000 shares authorized, 284,289,740 shares issued and outstanding as of December 31, 2024 and June 30, 2024 284,000 284,000
Additional paid-in capital 26,188,000 26,083,000
Accumulated deficit (26,495,000) (26,847,000)
Total stockholders’ deficit (23,000) (480,000)
Total liabilities and stockholders’ deficit $ 718,000 $ 248,000