IMAGING DIAGNOSTIC SYSTEMS INC /FL/
CIK:0000790652|SEC Filings
Statements of Operations (Unaudited) - USD ($) |
3 Months Ended | |
|---|---|---|
Sep. 30, 2024 |
Sep. 30, 2023 |
|
| Income Statement [Abstract] | ||
| Total Revenue | $ 10,648 | |
| Cost of Sales | ||
| Gross Profit | 10,648 | |
| Operating Expenses: | ||
| General and administrative | 107,664 | 3,387 |
| Sales and marketing | 252 | 455 |
| Consulting expenses (including share-based compensation) | 41,825 | 1,400 |
| Total Operating Expenses | 149,741 | 5,242 |
| Operating Loss | (139,093) | (5,242) |
| Other Expense | ||
| Interest expense | (20,603) | (20,603) |
| Total Other Expense | (20,603) | (20,603) |
| Net Loss | (159,696) | (25,845) |
| Preferred Stock Dividends | (4,525) | (4,537) |
| Net Loss Available to Common Stockholders | $ (164,221) | $ (30,382) |
| Net Loss per common share: | ||
| Basic (in Dollars per share) | $ 0 | $ 0 |
| Diluted (in Dollars per share) | $ 0 | $ 0 |
| Weighted average number of common shares outstanding: | ||
| Basic (in Shares) | 123,156,941 | 123,156,941 |
| Diluted (in Shares) | 123,156,941 | 123,156,941 |
Statements of Cash Flows (Unaudited) - USD ($) |
3 Months Ended | |
|---|---|---|
Sep. 30, 2024 |
Sep. 30, 2023 |
|
| Statement of Cash Flows [Abstract] | ||
| Net loss | $ (159,696) | $ (25,845) |
| Changes in assets and liabilities: | ||
| Decrease (increase) in royalty receivable | (10,648) | 10,610 |
| Decrease (increase) in due from related parties | 122 | (156) |
| Increase in accrued related parties interest | 20,418 | 20,417 |
| Increase in accounts payable and accrued expenses | 28,133 | (6,341) |
| Total adjustments | 38,025 | 24,530 |
| Net cash used in operating activities | (121,671) | (1,315) |
| Cash flows from financing activities: | ||
| Proceeds from promissory notes, related party | 126,610 | 411 |
| Net cash provided by financing activities | 126,610 | 411 |
| Net Increase (decrease) in cash and cash equivalents | 4,939 | (904) |
| Cash at the beginning of period | 66 | 1,088 |
| Cash at the end of the period | 5,005 | 184 |
| Supplemental Disclosure of cash flow information: | ||
| Cash paid for interest | ||
| Cash paid for taxes | ||