Basic and Diluted Loss Per Share

12 Months Ended

Jun. 30, 2025

Basic and Diluted Loss Per Share [Abstract]

Basic and diluted loss per share

Note 23 — Basic and diluted loss per share

Basic EPS is measured as net loss divided by the weighted average common shares outstanding for the period. Diluted net loss per share attributable to common stockholders adjusts basic loss per share for the potentially dilutive impact of non-participating shares of common stock that are subject to the convertible note, and other securities outstanding. Certain securities may be anti-dilutive and would be excluded from the calculation of diluted loss per share and disclosed separately. Because of the nature of the calculation, particular securities may be dilutive in some periods and anti-dilutive in other periods.

The following table presents the computation of basic and diluted loss per share attributable to common stockholders, for the periods presented:

	For the Years Ended June 30,
	2025			2024
Net loss – basic EPS	$	(9,020,136	)	$	(3,430,642	)
Interest expenses incurred on the convertible note		-			264,445
Net loss – basic and diluted EPS	$	(9,020,136	)	$	(3,166,197	)
Basic and diluted weighted average shares outstanding*		6,148,467			3,303,333
Basic and diluted loss per share	$	(1.47	)	$	(1.04	)

* There were no shares that have a dilutive effect for the years ended June 30, 2025 and 2024.

The following table outlines dilutive common share equivalents outstanding, which are excluded in the above diluted net loss per share calculation, as the effect of their inclusion would be anti-dilutive or the share equivalents were contingently issuable as of each period presented:

	For the Years Ended June 30,
	2025		2024
Warrants *		12,145,917		-
RSUs*		693,929		-
Common stock underlying from the convertible notes *		-		690,176
Total		12,839,846		690,176

* The Company’s outstanding warrants, RSUs, and common stock that is potentially convertible from the convertible notes were excluded from the computation of diluted EPS because it has anti-dilutive effect as the company had a net loss during the periods presented.