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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
3 Months Ended
Sep. 30, 2024
Sep. 30, 2023
OPERATING ACTIVITIES:    
Net income $ 256,549 $ 1,224,822
Adjustment to reconcile net loss to net cash provided by operating activities:    
Net acquisition of FTT 25,000
Derivative liability (gain) loss (1,920,292)
Depreciation 5,998 1,298
Issuance of Series L Preferred Stock for consulting services 250,000
Amortization of debt discounts 298,082
Changes in operating assets and liabilities:    
Accounts receivable 28,082
Accounts payable (40,437) (21,234)
Accrued interest 10,095 27,098
Accrued compensation (43,173) 12,500
Net cash provided by (used in) operating activities 217,114 (102,726)
INVESTING ACTIVITIES:    
Net cash provided by (used in) investing activities
FINANCING ACTIVITIES:    
Payments on convertible notes payable (40,000)
Borrowings from loans payable, related parties 77,616
Borrowings from convertible notes payable 20,000
Net cash (used in) provided by financing activities (40,000) 97,616
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS 177,114 (5,110)
CASH AND CASH EQUIVALENTS, BEGINNING OF PERIOD 115,747 18,300
CASH AND CASH EQUIVALENTS, END OF PERIOD 292,861 13,190
Supplemental Disclosures of Cash Flow Information:    
Taxes paid
Interest paid
Non-cash investing and financing activities:    
Issuance of common stock for debt
Accrual for contingent consideration of acquisition of Foxx Trott Tango, LLC $ 3,400,000