XML 30 R6.htm IDEA: XBRL DOCUMENT v3.25.3
Consolidated Statements of Changes in Shareholders’ Deficit - USD ($)
Ordinary Shares
Additional paid-in capital
Accumulated deficit
[1]
Accumulated other comprehensive income
Total shareholders’ deficit attributable to Scage Future
Non- controlling interests
Total
Balance at Jun. 30, 2022 $ 5,072 [1] $ (10,132,242) $ 50,410 $ (10,076,760) $ (137,766) $ (10,214,526)
Balance (in Shares) at Jun. 30, 2022 [1] 50,716,451            
Contribution from NCI [1] 143,374 143,374
Contribution from a shareholder [1] 139,092 139,092 139,092
Net loss [1] (6,437,328) (6,437,328) (180,881) (6,618,209)
Accretion of convertible redeemable preferred shares [1] (139,092) (3,037,967) (3,177,059) (3,177,059)
Foreign currency translation adjustment [1] 1,162,284 1,162,284 9,711 1,171,995
Balance at Jun. 30, 2023 $ 5,072 [1] (19,607,537) 1,212,694 (18,389,771) (165,562) (18,555,333)
Balance (in Shares) at Jun. 30, 2023 [1] 50,716,451            
Net loss [1] (5,814,441) (5,814,441) (158,597) (5,973,038)
Accretion for redeemable NCI [1] (1,851,388) (1,851,388) (1,851,388)
Foreign currency translation adjustment [1] 57,032 57,032 44,997 102,029
Balance at Jun. 30, 2024 $ 5,072 [1] (27,273,366) 1,269,726 (25,998,568) (279,162) (26,277,730)
Balance (in Shares) at Jun. 30, 2024 [1] 50,716,451            
Net loss [1] (12,943,787) (12,943,787) (121,695) (13,065,482)
Proceeds from Private Investment in Public Equity (“PIPE”) $ 166 [1] 19,999,834 20,000,000 20,000,000
Proceeds from Private Investment in Public Equity (“PIPE”) (in Shares) [1] 1,666,405            
Financing cost of PIPE Investment [1] (1,900,000) (1,900,000) (1,900,000)
Equity repurchase from non-controlling interests [1] (121,334) (121,334) 121,334
Reverse capitalization $ 456 [1] (4,487,616) (4,487,160) (4,487,160)
Reverse capitalization (in Shares) [1] 4,561,585            
Offering costs in the Business Combination [1] (985,586) (985,586) (985,586)
Conversion into ordinary shares of the Company upon consummation of the Business Combination $ 1,510 [1] 19,736,781 19,738,291 19,738,291
Conversion into ordinary shares of the Company upon consummation of the Business Combination (in Shares) [1] 15,099,551            
Shares issued to a capital market advisor $ 20 [1] 1,799,980 1,800,000 1,800,000
Shares issued to a capital market advisor (in Shares) [1] 200,000            
Foreign currency translation adjustment [1] (369,439) (369,439) (47,485) (416,924)
Balance at Jun. 30, 2025 $ 7,224 [1] $ 34,042,059 $ (40,217,153) $ 900,287 $ (5,267,583) $ (327,008) $ (5,594,591)
Balance (in Shares) at Jun. 30, 2025 [1] 72,243,992            
[1] Par value of ordinary shares, share data and accumulated deficit have been retroactively restated to give effect to the Reverse Recapitalization related to the Business Combination completed on June 27, 2025. (Note 1 and Note 15)