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Lease
 6 Months Ended
Dec. 31, 2021
Operating Leases Of Lessee Disclosures [Abstract]  
LEASE

12. LEASE

 

Supplemental balance sheet information related to the operating lease was as follows:

 

   As of
December 31,		   As of
June 30,		 
   2021   2021 
Right-of-use assets  $155,359   $194,747 
           
Operating lease liabilities - current  $96,227   $98,427 
Operating lease liabilities - non-current   50,583    104,755 
Total operating lease liabilities  $146,810   $203,182 

 

The weighted average remaining lease terms and discount rates for the operating lease as of December 31, 2021 were as follows:

 

Remaining lease term and discount rate:

 

Weighted average remaining lease term (years)   2.67 
Weighted average discount rate   6.92%

 

During the six months ended December 31, 2021 and December 31, 2020, the Company incurred total operating lease expenses of $45,196 and $47,345, respectively.

 

As of December 31, 2021, the future minimum rent payable under the non-cancelable operating lease for fiscal years ended December 31 were:

 

2022  $51,291 
2023   102,582 
Thereafter   
-
 
Total lease payments   153,873 
Less: imputed interest   (7,063)
Present value of lease liabilities  $146,810