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

EQUITY INCENTIVE PLAN (Tables)

v3.26.3
EQUITY INCENTIVE PLAN (Tables)
12 Months Ended
Jun. 30, 2026
Share-Based Payment Arrangement [Abstract]  
SUMMARY OF UNVESTED STOCK GRANTS AWARDED AS COMPENSATION

The following table summarizes stock grants awarded as compensation:

 

   

# Number of

shares

   

Weighted

Average Grant
Date Fair Value

($)

 
             
Unvested, June 30, 2024     -     $ -  
Granted     120,543     $ 2.64  
Vested     (120,543 )   $ 2.64  
Forfeited / Cancelled     -     $ -  
Unvested, June 30, 2025     -     $ -  
Granted     236,119     $ 3.73  
Vested     (236,119 )   $ 3.73  
Unvested, June 30, 2026     -     $ -  

SCHEDULE OF COMMON STOCK PURCHASE OPTIONS

 

    # of shares    

Weighted

Average

Exercise Price

   

Weighted

Average

Remaining

Contractual

Life (in years)

   

Aggregated

Intrinsic Value

 
                         
Outstanding and exercisable, June 30, 2024     250,000     $ 2.15       0.5     $ -  
Granted     50,000       2.94       1.89          
Exercised     (220,000 )     2.15       -          
Expired / Cancelled     (30,000 )     2.15       -          
Outstanding and exercisable, June 30, 2025     50,000     $ 2.94       1.89          
Granted     -       -       -          
Exercised     -       -       -          
Expired / Cancelled     -       -       -          
Outstanding and exercisable, June 30, 2026     50,000     $ 2.94       0.90     $ 84,000  

SUMMARY OF STOCK OPTIONS OUTSTANDING

The following table summarizes information about stock options outstanding and exercisable at June 30, 2026.

 

Exercise Price  

Number

Outstanding and

Exercisable

   

Weighted

Average

Remaining

Contractual

Life

   

Weighted

Average

Exercise

Price

 
OPTIONS:                        
                         
$2.94     50,000       0.90     $ 2.94  
Totals     50,000       0.90     $ 2.94  

SCHEDULE OF SHARE OPTION ASSUMPTIONS

The following table includes the assumptions used in the calculations:

 

 

    June 30, 2025  
Risk-free interest rate     3.99 %
Expected life     1 year  
Expected volatility     38.8 %
Expected dividend     0 %