$ZNB

Zeta Network Group

CIK:0001747661|SEC Filings
v3.25.3
Consolidated Statements of Operations - USD ($)
12 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2023
REVENUE $ 8,726,016 $ 2,830,442
COST OF REVENUE      
TOTAL COST OF REVENUE 8,975,518 1,993,400
GROSS (LOSS) PROFIT (249,502) 837,042
SELLING, GENERAL AND ADMINISTRATIVE EXPENSES (5,166,012) (7,064,066) (15,017,532)
ALLOWANCE FOR CREDIT LOSSES (1,105,000) (16,911,882) (9,850,811)
PROVISION FOR IMPAIRMENT LOSS ON PREPAYMENTS (10,535,833)
RESEARCH AND DEVELOPMENT EXPENSES (121,580)
STOCK COMPENSATION EXPENSE (1,675,065) (3,868,649) (3,493,563)
IMPAIRMENT LOSS OF INTANGIBLE ASSETS (14,626,083) (9,357,062)
LOSS FROM OPERATIONS (33,357,495) (27,007,555) (37,840,548)
OTHER (EXPENSE) INCOME, NET      
Other (expense) income , net (229,084) 333,333 (2,844)
Interest income 600,243
Loss on extinguishment of debts (407,212)
Amortization of debt issuance costs (6,023,259) (100,000)
Finance expense (3,584,648) (90,118) (6,273)
TOTAL OTHER (EXPENSE) INCOME, NET (9,643,960) 143,215 (9,117)
LOSS BEFORE PROVISION FOR INCOME TAXES (43,001,455) (26,864,340) (37,849,665)
PROVISION FOR INCOME TAXES
NET LOSS $ (43,001,455) $ (26,864,340) $ (37,849,665)
Weighted average number of shares*      
Basic (in Shares) [1] 385,066 15,233 3,667
Diluted (in Shares) [1] 385,066 15,233 3,667
Loss per share - basic and diluted*      
Basic (in Dollars per share) [1] $ (111.67) $ (1,763.56) $ (10,321.7)
Diluted (in Dollars per share) [1] $ (111.67) $ (1,763.56) $ (10,321.7)
Cost of revenue (exclusive of depreciation expenses)      
COST OF REVENUE      
TOTAL COST OF REVENUE $ 6,058,851 $ 1,993,400
Cost of revenue - depreciation expenses      
COST OF REVENUE      
TOTAL COST OF REVENUE $ 2,916,667
[1] Giving retroactive effect to the 100-for-1 reverse share split on November 15, 2024 and the 25-for-1 reverse share split on August 22, 2025