RENTAL INVENTORY, NET

9 Months Ended

Mar. 31, 2025

Inventory Disclosure [Abstract]

RENTAL INVENTORY, NET

NOTE 4. RENTAL INVENTORY, NET

During the year ended June 30, 2024, the Company developed and built its collapsible containers and actuators used to collapse the marine containers. During the period ended March 31, 2025, the Company developed and built its Genny’s used to collapse the marine containers. The containers, actuators and Genny’s purchased are recognized as rental inventory and are depreciated over their estimated useful lives.

As of March 31, 2025 and June 30, 2024, rental inventory consists of the following:

	Estimated life	March 31, 2025			June 30, 2024
Collapsible Containers	10 years	$	1,590,000		$	1,590,000
Actuators	10 years		237,676			150,220
Inventory in development			25,239			–
			1,852,915			1,740,220
Accumulated Depreciation			(210,634	)		(79,500	)
Rental Inventory, net		$	1,642,281		$	1,660,720

Depreciation on rental inventory of $131,134 and $0 was recognized during the nine months ended March 31, 2025 and 2024, respectively and is included in costs of goods sold on the accompanying consolidated statements of operations.