DERIVATIVE LIABILITIES

9 Months Ended

Mar. 31, 2025

NOTE 14. DERIVATIVE LIABILITIES

The Company has various convertible notes outstanding that require derivative liability considerations for its conversion features. Total derivative liability on March 31, 2025, was $ 83,921 which was principally related to convertible notes issued in 2025. No derivative liability was accrued in prior years due the note terms and immateriality of the derivative value determined.

For the period ended March 31, 2025, the Company recorded a loss of $83,921 related to the change in fair value of derivative liabilities.

The following table summarizes the weighted average key inputs used in the Black-Scholes model for all outstanding conversion feature derivative liabilities as of the measurement dates:

Input	Weighted Avg at Inception Date			Weighted Avg on December 31, 2024

Stock price	$	0.35		$	0.35
Exercise Price (conversion price	$	0.50		$	0.50
Risk-free interest rate		4.37	%		4.22	%
Expected term (years)		0.50			0.50
Expected volatility		134.80	%		94.47	%
Dividend yield		0	%		0	%

Description	March 31, 2025

Derivative liability beginning balance		-
Initial Recognition of derivatives		85,347
Change in fair value		(1,453	)
Settlements/conversions		-
Derivative liability ending balance	$	83,921

T-REX Acquisition Corp. 10-Q