Balance Sheet

v3.26.3

Balance Sheets - USD ($)	Jun. 30, 2026	Jun. 30, 2025
Current Assets
Cash and cash equivalents	$ 2,298,809	$ 2,333,418
Accounts receivable, net of allowance for uncollectible accounts of $17,277 and $0 at June 30, 2026 and 2025, respectively	14,726	6,341
Prepaid expenses and other current assets	99,449	94,100
Total current assets	2,412,984	2,433,859
Noncurrent Assets
Restricted cash	100,000	100,000
Property and equipment, net of accumulated depreciation of $168,445 and $142,907 at June 30, 2026 and 2025, respectively	19,619	39,436
Capitalized software, net of accumulated amortization of $4,009,186 and $3,757,318 at June 30, 2026 and 2025, respectively	497,034	523,804
Total noncurrent assets	616,653	663,240
Total assets	3,029,637	3,097,099
Current Liabilities
Accounts payable	50,493	25,413
Accrued compensation	238,600	243,198
Deferred revenue	36,825	36,745
Other accrued liabilities	50,000	53,240
Total current liabilities	375,918	358,596
Stockholders' Equity
Common stock, $.0001 par value; 100,000,000 shares authorized; 6,549,851 and 4,572,713 shares issued and outstanding at June 30, 2026 and 2025, respectively	655	458
Preferred stock, $.0001 par value; 5,000,000 shares authorized; no shares issued and outstanding at June 30, 2026 and 2025, respectively
Additional paid-in capital	47,199,489	44,188,632
Accumulated deficit	(44,546,425)	(41,450,587)
Total stockholders' equity	2,653,719	2,738,503
Total liabilities and stockholders' equity	$ 3,029,637	$ 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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