v3.23.1
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
6 Months Ended
Dec. 31, 2022
Dec. 31, 2021
CASH FLOWS FROM OPERATING ACTIVITIES    
Net loss for the period $ 2,645,278 $ 1,036,232
Adjustments to reconcile net loss to net cash used in operating activities    
Shares issued for services 137,500 51,289
Interest on short term debt 0 4,962
Amortization and depreciation 29,684 324
Accretion expense 0 66,132
Amortization of discount of debt issuance 536,351 0
Share-based compensation 1,205,929 0
Changes in operating assets and liabilities:    
Accounts receivable 1,150 300
Prepaid expenses 5,308 68,812
Accounts payable and accrued liabilities 69,570 (7,650)
NET CASH USED IN OPERATING ACTIVITIES (659,786) (852,063)
CASH FLOWS FROM INVESTING ACTIVITIES    
Computer equipment 0 1,178
Software (160,543) (164,715)
NET CASH USED IN INVESTING ACTIVITIES (160,543) (165,893)
CASH FLOWS FROM FINANCING ACTIVITIES    
Proceeds from shares issued 0 1,425,202
Proceeds from private placements 50,000 0
Cash received from issuance of notes payable 810,000 0
Cash costs for promissory notes (85,000) 0
NET CASH PROVIDED BY FINANCING ACTIVITIES 775,000 1,425,202
NET INCREASE (DECREASE) IN CASH (45,329) 407,246
CASH AT BEGINNING OF THE PERIOD 47,742 583,015
CASH AT END OF THE PERIOD 2,413 990,261
SUPPLEMENTAL DISCLOSURE OF CASH FLOWS INFORMATION    
Cash paid for interest 12,666 0
Income taxes 0 0
Software included in accounts payable and accrued liabilities $ 0 $ 1,708
Shares issued for prepaid expenses   103,961
Shares issued as transaction costs with notes payable 152,143  
Shares issued for services $ 137,500 $ 0
Warrants issued with notes payable 309,773  

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