Balance Sheet

v3.25.3

Condensed Balance Sheets - USD ($)	Sep. 30, 2025	Jun. 30, 2025
Current Assets
Cash and cash equivalents	$ 1,830,053	$ 2,333,418
Accounts receivable	10,344	6,341
Prepaid expenses and other current assets	65,329	94,100
Total current assets	1,905,726	2,433,859
Noncurrent Assets
Restricted cash	100,000	100,000
Property and equipment, net of accumulated depreciation of $149,244 and $142,907, respectively	33,099	39,436
Capitalized software, net of accumulated amortization of $3,811,421 and $3,757,318, respectively	557,301	523,804
Total noncurrent assets	690,400	663,240
Total assets	2,596,126	3,097,099
Current Liabilities
Accounts payable	19,362	25,413
Accrued compensation	377,056	243,198
Deferred revenue	24,655	36,745
Other accrued liabilities	6,564	53,240
Total current liabilities	427,637	358,596
Stockholders’ Equity
Common stock, $.0001 par value; 100,000,000 shares authorized; 4,572,713 and 4,572,713 shares issued and outstanding at September 30, 2025 and June 30, 2025, respectively.	458	458
Preferred stock, $.0001 par value; 5,000,000 shares authorized; no shares issued and outstanding at September 30, 2025 and June 30, 2025
Additional paid-in capital	44,260,884	44,188,632
Accumulated deficit	(42,092,853)	(41,450,587)
Total stockholders’ equity	2,168,489	2,738,503
Total liabilities and stockholders’ equity	$ 2,596,126	$ 3,097,099

- Definition

Carrying value as of the balance sheet date of liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received that are used in an entity's business. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).

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