Cash Flow

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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) - USD ($)
 9 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Cash flows from operating activities    
Net loss from operations $ (221,520,638) $ (6,758,547)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization 416,149 716,557
Unrealized loss on digital assets 178,806,383 5,268
Realized loss on sale of digital asset 6,773,418 0
Digital asset revenue (14,733,562) 0
Digital asset revenue conversion to USD 6,838,037 0
Loss on digital asset revenue conversion to USD 2,229,071 0
Amortization of loan costs 2,701,917 11,868
Amortization of consideration discount 0 358,038
Loss on disposal of property and equipment 225,466 0
Gain on extinguishment of debt (1,330,865) 0
Inventory write-off for Amazon inventory 0 499,924
Provision for credit losses for Amazon receivable 0 554,260
Reduction of acquisition payable 0 (152,500)
Lease Impairment (gain on settlement) 0 (269,994)
Impairment on assets from manufacturing shut down 1,422,289 0
Amortization of deferred financing costs 0 0
Stock-based compensation 18,044,585 695,229
Changes in assets and liabilities    
Accounts receivable (338,878) (128,272)
Inventory 937,633 (392,908)
Prepaid expenses and other assets (754,870) 491,578
Operating lease payable (19,708) 23,794
Accounts payable and accrued liabilities 3,075,874 419,700
Deferred revenue (10,831) (211,341)
Net cash used in operating activities (17,238,530) (4,137,346)
Cash flows from investing activities    
Proceeds from the sale of building 0 4,005,516
Proceeds from the sale of E-core 0 2,000,000
Proceeds from the sale of MW Products assets 175,000 0
Proceeds from the sale of VitaMedica, Inc. 660,000 0
Acquisition of digital assets (37,022,797) (50,000)
Proceeds from the sale of digital assets 8,030,609 0
Acquisition of royalty interest (750,000) 0
Acquisition of property and equipment (44,002) (197,999)
Net cash (used in) provided by investing activities (28,951,190) 5,757,517
Cash flows from financing activities    
Proceeds from issuance of common stock 67,467,302 0
Issuance of preferred stock series A 0 325,000
Proceeds from exercise of pre-funded warrants 7,889 0
Proceeds from exercise of warrants 100,000 0
Repurchases of common stock (2,773,959) 0
Proceeds from short-term treasury debt 5,000,000 0
Repayment of short-term treasury debt (10,400,000) 0
Proceeds from issuance of convertible notes 0 350,000
Repayment of Cygnet notes payable 0 (66,656)
Repayment of promissory notes (560,000) 0
Repayment on note payable on building 0 (2,634,538)
Proceeds from related party advance 0 75,000
Repayment of related party advance 0 (100,000)
Payments of equity issuance costs (4,514,873) 0
Payments of debt issuance costs (7,628,942) 0
Net cash provided by (used in) financing activities 46,697,417 (2,051,194)
Net increase (decrease) in cash 507,697 (431,023)
Cash, beginning of period 2,975,150 661,415
Cash, end of period 3,482,847 230,392
Supplemental Cash Flow Disclosures    
Interest paid 5,828,222 329,102
Income tax paid 0 0
Non-cash Investing and Financing Activities    
Issuance of common stock for the repayment of convertible notes payable 1,173,046 850,000
Issuance of convertible debt for digital assets acquired 187,131,144 0
Issuance of short-term debt for digital assets acquired $ 42,695,723 $ 0

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