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Stock Based Compensation (Tables)
3 Months Ended
Sep. 30, 2024
Stock Based Compensation  
Schedule of weighted average assumptions

 

 

2024

 

 

 

 

Expected option life (years)

 

2-4

 

Expected stock price volatility

 

227to254

%

Expected dividend yield

 

 

-

 

Risk-free interest rate

 

0.44to0.54

%

Schedule of Stock Option Activity

 

 

Shares

 

 

Weighted-

Average

Exercise

Price

 

 

Weighted-

Average

Remaining

Contractual

Price

 

 

Aggregate

Intrinsic

Value

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Options:

 

 

 

 

 

 

 

 

 

 

 

 

Outstanding at July 1, 2024

 

 

4,150,000

 

 

$0.08

 

 

 

 

 

 

 

Granted

 

 

-

 

 

$0.04

 

 

 

 

 

 

 

Exercised, converted

 

 

-

 

 

$0.00

 

 

 

 

 

 

 

Forfeited / exchanged / modification

 

 

-

 

 

 

-

 

 

 

 

 

 

 

Outstanding at September 30, 2024

 

 

4,150,000

 

 

$0.06

 

 

 

 

 

 

 

Exercisable at September 30, 2024

 

 

4,150,000

 

 

$0.06

 

 

 

0.3

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Number of options available for grant at end of period

 

 

10,617,326

 

 

 

 

 

 

 

 

 

 

 

 
Schedule of Nonvested Shares

Options

 

Shares

 

 

Weighted-Average

Grant-Date

Fair Value

 

Nonvested at July 1, 2024

 

 

-

 

 

$-

 

Granted

 

 

-

 

 

$-

 

Vested

 

 

-

 

 

$-

 

Forfeited

 

 

-

 

 

$-

 

Nonvested at September 30, 2024

 

 

-

 

 

$-

 

Summary of Warrant Outstanding

 Warrants

 

Remaining

Number

Outstanding

 

 

Weighted

Average

Remaining

Life (Years)

 

 

Weighted

Average

Exercise

Price

 

Warrants - Securities Purchase Agreement

 

 

360,577

 

 

 

0.02

 

 

 

0.78

 

Warrants A - Securities Purchase Agreement

 

 

28,072,364

 

 

 

0.02

 

 

$0.17

 

Total

 

 

28,432,941

 

 

 

 

 

 

 

 

 

Aggregate intrinsic value at June 30, 2024

 

$0