v3.22.0.1

CONDENSED STATEMENTS OF OPERATIONS - USD ($)	3 Months Ended		6 Months Ended
CONDENSED STATEMENTS OF OPERATIONS - USD ($)	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2021	Dec. 31, 2020
Revenue
BizjetMobile revenue	$ 0	$ 20,786	$ 0	$ 36,818
Operating expenses
General and administrative expenses	380,650	93,526	527,674	213,857
Selling expenses	114,028	54,000	170,311	218,000
Total operating expenses	494,678	147,526	697,985	431,857
Loss from operations	(494,678)	(126,740)	(697,985)	(395,039)
Other expense
Interest expense	193,109	37,455	258,507	75,051
Interest expense - related party	21,669	4,335	43,291	8,601
Capital raising costs	30,375	0	30,375	0
Total other expense	245,153	41,790	332,173	83,652
Net income (loss)	$ (739,831)	$ (168,530)	$ (1,030,158)	$ (478,691)
Net loss per share - (basic and diluted)	$ (0.00)	$ (0.00)	$ (0.00)	$ (0.00)
Weighted average number of common shares outstanding - (basic and diluted)	261,548,271	219,449,375	258,349,083	218,189,751

The amount of net income or loss for the period per each share in instances when basic and diluted earnings per share are the same amount and reported as a single line item on the face of the financial statements. Basic earnings per share is the amount of net income or loss for the period per each share of common stock or unit outstanding during the reporting period. Diluted earnings per share includes the amount of net income or loss for the period available to each share of common stock or common unit outstanding during the reporting period and to each share or unit that would have been outstanding assuming the issuance of common shares or units for all dilutive potential common shares or units outstanding during the reporting period.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 45
-Paragraph 7
-URI http://asc.fasb.org/extlink&oid=125511455&loc=d3e1337-109256

AS-IP TECH INC 10-Q