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INTANGIBLE ASSETS
12 Months Ended
Jun. 30, 2025
INTANGIBLE ASSETS  
INTANGIBLE ASSETS

7.  INTANGIBLE ASSETS

 

Intangible assets consisted of the following at June 30:

 

 

 

Useful Lives

 

2025

 

 

2024

 

 

 

 

 

 

 

 

 

 

Website

 

3 years

 

$71,250

 

 

$-

 

Less accumulated amortization

 

 

 

 

(19,820 )

 

 

-

 

Net website

 

 

 

$51,430

 

 

$-

 

 

 

 

 

 

 

 

 

 

 

 

Software

 

3 years

 

$138,525

 

 

$-

 

Less accumulated amortization

 

 

 

 

(11,029 )

 

 

-

 

Less impairment

 

 

 

 

(62,496 )

 

 

 

 

Net software

 

 

 

$-

 

 

$-

 

 

 

 

 

 

 

 

 

 

 

 

Domain name

 

10 years

 

$16,500

 

 

$-

 

Less impairment

 

 

 

 

(16,500 )

 

 

-

 

Net domain name

 

 

 

$-

 

 

$-

 

 

 

 

 

 

 

 

 

 

 

 

Trademark

 

10 years

 

$2,800

 

 

$-

 

Less impairment

 

 

 

 

(2,800 )

 

 

-

 

Net trademark

 

 

 

$-

 

 

$-

 

 

 

 

 

 

 

 

 

 

 

 

Total intangible assets, net

 

 

 

$51,430

 

 

$-

 

 

Amortization expense for the years ended June 30, 2025 and 2024 was $30,849 and $0, respectively.