v3.25.4

Property and Equipment

6 Months Ended

Dec. 31, 2025

Property, Plant and Equipment [Abstract]

Property and Equipment

6. Property and Equipment

The table below presents the property and equipment as of December 31, 2025 and June 30, 2025:

 Schedule of Property and Equipment

		December 31, 2025				June 30, 2025
Land		$	11,225,956			$	11,225,956
Building			16,699,093				16,653,019
Construction in progress			6,233,151				-
Equipment and vehicles			25,784,069				24,363,000
Property and equipment, gross			59,942,269				52,241,975
Less: accumulated depreciation			(9,547,920	)			(6,772,122	)
Property and equipment, net		$	50,394,349			$	45,469,853

The Company recognized depreciation expense of $2.8 million and $2.5 million for the six months ended December 31, 2025 and 2024, respectively.

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- Definition

The entire disclosure for long-lived, physical asset used in normal conduct of business and not intended for resale. Includes, but is not limited to, work of art, historical treasure, and similar asset classified as collections.

+ References

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