v3.24.1
Unaudited Condensed Consolidated Statements of Operations - USD ($)
3 Months Ended 6 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2023
Dec. 31, 2022
Income Statement [Abstract]        
Revenues, net of slotting and promotion $ 601 $ 13,369 $ 9,071 $ 93,339
Cost of product sold 996 41,996 58,576 167,117
Advertising and promotional 6,722 53,169 (409) 90,335
Selling, general and administrative expense 53,437 104,292 213,448 230,636
Professional fees 114,116 491,448 337,316 841,397
Total operating expenses 175,271 690,908 608,931 1,329,485
Loss from operations (174,670) (677,539) (599,860) (1,236,146)
Other income and expenses        
Interest expense - debt 63,040 34,382 106,736 57,328
Interest expense – financing cost 52,260 3,377,927 804,160 3,510,910
Amortization of debt discount 201,481 484,907 413,740 1,029,452
Gain on debt extinguishment (14,493)   (72,464)
Total other expense 316,784 3,882,723 1,324,636 4,525,226
Net Loss (491,454) (4,560,262) (1,924,496) (5,761,372)
Deemed dividend on Series B Preferred Stock 3,340,203 20,771 3,685,665
Net loss attributable to common shareholders $ (491,454) $ (7,900,465) $ (1,945,267) $ (9,447,037)
Basic net loss per common share (in Dollars per share) $ (0.004) $ (0.08) $ (0.015) $ (0.1)
Weighted average shares of capital outstanding – basic (in Shares) 127,162,606 97,436,644 125,973,113 95,075,293

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