XML 44 R28.htm IDEA: XBRL DOCUMENT v3.25.3
Taxes (Tables)
12 Months Ended
Jun. 30, 2025
Taxes [Abstract]  
Schedule of Income Tax Provision

The income tax provision consisted of the following components:

 

    For the year ended June 30,  
    2025     2024     2023  
Current:                  
Hong Kong   $    -     $      -     $     -  
                         
Deferred:                        
Hong Kong     -       -       -  
Total provision for income taxes     -       -       -  
Schedule of Statutory Tax Rates

The following table reconciles statutory tax rates to the Company’s effective tax rate for the periods indicated below:

 

   For the year ended June 30, 
   2025   2024   2023 
Tax benefit calculated at statutory tax rate   16.5%   16.5%   16.5%
Valuation allowance   (16.5)%   (16.5)%   (16.5)%
Effective tax rate   0.0%   0.0%   0.0%
Schedule of Aggregate Deferred Tax Assets

The following table sets forth the significant components of the aggregate deferred tax assets:

 

   As of June 30, 
   2025   2024   2023 
Deferred tax assets:            
Net operating loss carry forwards  $3,338,878   $2,787,876   $2,305,767 
Share-based compensation expenses   721,817    681,424    607,288 
Less: valuation allowance   (4,060,695)   (3,469,300)   (2,913,055)
Deferred tax asset, net  $
-
   $
-
   $
-
 
Schedule of Valuation Allowance

The following table sets forth the changes in valuation allowance:

 

   For the year ended
June 30,
 
   2025   2024 
Balance at beginning of the year  $3,469,300   $2,913,055 
Addition   591,395    720,097 
Less: Reversal   
-
    (163,852)
Balance at end of the year  $4,060,695   $3,469,300