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Accrued Expenses and Other Liabilities
 12 Months Ended
Jun. 30, 2025
Accrued Expenses and Other Liabilities [Abstract]  
Accrued Expenses and Other Liabilities
8.Accrued Expenses and Other Liabilities

 

Accrued expenses and other liabilities consist of the following:

 

   As of June 30, 
   2025   2024 
Payables to third parties  $2,896,341   $3,793,161 
VAT payable (1)   1,471,133    1,333,470 
Interest payable   
-
    95,326 
Payroll payable   241,739    41,282 
Others   30,000    
-
 
Accrued expenses and other liabilities  $4,639,213   $5,263,239 
(1)The balance of VAT payable is due to the service revenues generated in the PRC, which is subject to a 6% VAT rate.