Annual report [Section 13 and 15(d), not S-K Item 405]

Significant Transactions (Tables)

v3.25.2
Significant Transactions (Tables)
12 Months Ended
Jun. 30, 2025
Significant Transactions  
Schedule of Purchase Price Allocation in Stock Purchase Agreement with RubrYc

The Company accounted for the agreements as an asset purchase and allocated the purchase price of $7,500,000 as follows:

Preferred stock

$

1,760,000

Intangible assets

4,300,000

Prepaid expenses

1,440,000

$

7,500,000

Schedule of Asset Purchase of RubrYc

Intangible assets

$

1,228,000

Fixed assets

114,000

$

1,342,000