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Stock Options (Tables)
12 Months Ended
Jun. 30, 2024
Stock Options [Abstract]  
Schedule of Estimate the Expected Forfeiture Rate and only Recognize Expense In addition, the Company is required to estimate the expected forfeiture rate and only recognize expense for those shares expected to vest. The Company cannot assess its forfeiture rate at this time due to the lack of historical data.
    As of
June 30,
2024
    As of
June 30,
2023
 
Expected volatility     20% to 44 %     20% to 44 %
Expected term     0.34 to 1.83 Years     0.5 to 2.83 Years  
Risk-Free interest rate     0.05% to 1.55 %     0.05% to 2.49 %
Forfeiture rate     0.00 %     0.00 %
Expected dividend rate     0.00 %     0.00 %
Schedule of Stock Options Granted, Exercised, Expired and Cancelled

 

Employees/Consultants

  Options   Wtd. Avg.
Exercise
Price
   Wtd. Avg.
Remaining
Term
   Aggregate
Intrinsic
Value
 
Outstanding at June 30, 2022   11,205,290   $0.30    1.39 Years   $
-
 
Granted   
-
   $
-
                   
Expired   (5,500,000)  $(0.20)          
Exercised   
-
   $
-
           
Cancelled   
-
   $
-
           
Outstanding at June 30, 2023   5,705,290   $0.40    1.50 Years   $
-
 
Granted   
-
   $
-
           
Expired   (1,950,000)  $(0.20)          
Exercised   
-
   $
-
           
Cancelled   
-
   $
-
           
Outstanding at June 30, 2024   3,755,290   $0.51    0.98 Years   $
-
 
The tables below summarize information about these five plans:

 

Employees/Consultants

  Options   Wtd. Avg.
Exercise
Price
   Wtd. Avg.
Remaining
Term
   Aggregate
Intrinsic
Value
 
Outstanding at June 30, 2022   12   $350     0.11 Years   $
       -
 
Granted   
-
   $
-
           
Exercised   
-
   $
-
           
Cancelled   (12)  $(350)          
Outstanding at June 30, 2023   
-
   $
-
    
-
   $
-
 
Granted   
-
   $
-
           
Exercised   
-
   $
-
           
Cancelled   
-
   $
-
           
Outstanding at June 30, 2024   
-
   $
-
    
-
   $
-
 
Schedule of Vested and Unvested Options For the years ended June 30, 2024 and 2023 the Company recognized expenses for options that vested of $50,143 and $110,842, respectively:

 

Employees/Consultants

  Unvested   Vested and
Exercisable
   Total 
Outstanding at June 30, 2022   1,505,290    9,700,000    11,205,290 
Granted   
-
    
-
    
-
 
Vested and Exercisable   (875,000)   875,000    
-
 
Cancelled   
-
    
-
    
-
 
Expired   
-
    (5,500,000)   (5,500,000)
Outstanding at June 30, 2023   630,290    5,075,000    5,705,290 
Granted   
-
    
-
    
-
 
Vested and Exercisable   (375,000)   375,000    
-
 
Cancelled   
-
    
-
    
-
 
Expired   
-
    (1,950,000)   (1,950,000)
Outstanding at June 30, 2024   255,290    3,500,000    3,755,290 
Schedule of Vested & Exercisable Stock Options
Vested & Exercisable Stock Options  June 30, 2024   June 30, 2023 
Employee 2016 Equity Plan   
-
    
-
 
Director 2016 Equity Plan   
-
    
-
 
Employee Other Plans   
-
    
-
 
Directors and Consultants Other Plans   
-
    
-
 
Total   
-
    
-
 
Schedule of Stock Options Outstanding The table below summarizes information about all stock options outstanding as of June 30, 2024:
    Outstanding Options    Vested Options 
Range of Exercise price   Number
Outstanding
at
June 30,
2024
    Weighted
Averaged
Exercise
Price
    Weighted
Averaged
Remaining
Life
(Years)
    Number
Exercisable
at
June 30,
2024
    Weighted
Averaged
Exercise
Price
    Weighted
Averaged
Remaining
Life
(Years)
 
$0.20 - $0.51   3,755,290   $0.51    0.98    3,500,000   $0.51    0.98 
Total Outstanding options   3,755,290   $0.51    0.98    3,500,000   $0.51    0.98