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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
6 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Cash flow from operating activities    
Net income (loss) $ 144,133 $ (1,288,558)
Adjustment for non-cash charges and other items:    
Depreciation 6,574 5,831
Amortization of deferred debt issuance costs 23,974 3,480
Amortization of debt discount 25,000 3,629
Stock based compensation expense 1,854 195,266
Gain on debt extinguishment (637,334) 0
Total adjustments (435,799) (1,080,352)
Changes in working capital    
Decrease / (increase) in accounts receivable (26,306) (9,206)
Decrease / (increase) in inventory 3,435 (57,106)
Decrease / (increase) in prepaid inventory 7,242 62,040
Decrease / (increase) in prepaid expenses 0 (3,900)
(Decrease) / increase in accounts payable 13,822 (12,079)
(Decrease) / increase in accrued expenses 6,185 29,883
(Decrease) / increase in accrued expenses - related party 192,572 26,814
(Decrease) / increase in deferred revenue 53,898 (11,874)
Total changes in working capital 250,848 24,572
Cash flow used in operating activities (184,951) (1,055,780)
Cash flow used in investing activities    
Purchase of property and equipment 0 (9,442)
Cash flow used in investing activities 0 (9,442)
Cash flow provided by financing activities    
Proceeds received from related parties 90,210 155,800
Proceeds from issuance of convertible notes 0 240,000
Repayments of note payable (155,000) (15,109)
Proceeds from issuance of stock (net of subscriptions receivable) and stock subscription liability 114,000 659,500
Cash flow from financing activities 49,210 1,040,191
Decrease in cash and cash equivalents (135,741) (25,031)
Cash and cash equivalents at beginning of the period 136,151 70,505
Cash and cash equivalents at end of the period 410 45,474
Cash paid during the periods for:    
Interest 0 0
Taxes 0 0
Supplemental Disclosures of Non-Cash Financing Activities    
Note payable issued to related party as reclassification of amounts due $ 279,940 $ 0