INTANGIBLE ASSETS	6 Months Ended
Dec. 31, 2024
Goodwill and Intangible Assets Disclosure [Abstract]
INTANGIBLE ASSETS	Note 4 – INTANGIBLE ASSETS The Company follows the provisions of ASC 985, Software, which requires that all costs relating to the purchase or internal development and production of software products to be sold, leased or otherwise marketed, be expensed in the period incurred unless the requirements for technological feasibility have been established. The Company amortizes these costs using the straight-line method over the remaining estimated economic life of the product. As of December 31, 2024, the Company purchased а mobile application and website for $47,000, which is being amortized over a five-year life. There was $4,704 of accumulated amortization as of December 31, 2024.

INTANGIBLE ASSETS

6 Months Ended

Dec. 31, 2024

Goodwill and Intangible Assets Disclosure [Abstract]

Note 4 – INTANGIBLE ASSETS

The Company follows the provisions of ASC 985, Software, which requires that all costs relating to the purchase or internal development and production of software products to be sold, leased or otherwise marketed, be expensed in the period incurred unless the requirements for technological feasibility have been established. The Company amortizes these costs using the straight-line method over the remaining estimated economic life of the product.

As of December 31, 2024, the Company purchased а mobile application and website for $47,000, which is being amortized over a five-year life. There was $4,704 of accumulated amortization as of December 31, 2024.

Mercalot Inc. 10-Q