XML 18 R6.htm IDEA: XBRL DOCUMENT v3.25.0.1
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
6 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Operating activities:    
Net income (loss) $ 352,000 $ (267,000)
Adjustments to reconcile net income (loss) to net cash used in operating activities:    
Depreciation 0 1,000
Fair value of warrants 105,000 0
Gain on patent assignment (880,000) 0
Effect of changes in:    
Inventory (11,000) 0
Operating lease right of use asset 36,000 35,000
Accounts payable and accrued expenses 55,000 92,000
Advances from distributor, net 0 164,000
Operating lease liability (40,000) (36,000)
Prepaid expenses 7,000 0
Net cash used in operating activities (376,000) (11,000)
Investing activities:    
Proceeds from patent assignment 880,000 0
Net cash provided by investing activities 880,000 0
Financing activities:    
Repayment of note payable (2,000) 0
Net cash used in financing activities (2,000) 0
Net increase (decrease) in cash and cash equivalents 502,000 (11,000)
Cash and cash equivalents, beginning of period 179,000 18,000
Cash and cash equivalents, end of period 681,000 7,000
Supplemental disclosures of cash flow information:    
Cash paid for interest 1,000 4,000
Cash paid for income taxes $ 0 $ 0